My Finance Blog » Real Estate

Real Estate Appraisal – is That the Real One?

admin — Sat, 28 Nov 2009 17:10:07 +0000

The person who performs a real estate appraisal exercise is called the real estate appraiser or property valuation surveyor. The value as determined by real estate appraisal is the fair market value.

The real estate appraisal is done using various methods and the real estate appraisal values the property as different for difference purposes e.g. the real estate appraisal might assign 2 different values to the same property (Improved value and vacant value) and again the same/similar property might be assigned different values in a residential zone and a commercial zone.

However, the value assigned as a result of real estate appraisal might not be the value that a real estate investor would consider when evaluating the property for investment. In fact, a

real estate investor might completely ignore the value that comes out of real estate appraisal process.

A good real estate investor would evaluate the property on the basis of the developments going on in the region. So real estate appraisal as done by a real estate investor would come up with the value that the real estate investor can get out of the property by buying it at a low price and selling it at a much higher price (as in the present).

Similarly, real estate investor could do his own real estate appraisal for the expected value of the property in, say 2 years time or in 5 years time. Again, a real estate investor might conduct his real estate appraisal based on what value he/she can create by investing some amount of money in the property i.e. a real estate investor might decide on buying a dirty/scary kind of property (which no one likes) and get some minor repairs, painting etc done in order to increase the value of the property (the value that the real estate investor would get by selling it in the market).

So, here the meaning of real estate appraisal changes completely (and can be very different from the value that real estate appraiser would come out with if the real estate appraiser conducted a real estate appraisal exercise on the property).

A real estate investor will generally base his investment decision on this real estate appraisal that he does by himself (or gets done through someone). So, can we then term real estate appraisal as a really real ???real estate appraisal????

All About Real Estate Investment Trusts (reits)

admin — Sat, 28 Nov 2009 15:11:40 +0000

Real estate is a big business and everyone seems to want to invest in real estate. You keep hearing a lot of stories about how people made a quick buck by investing in real estate. There are stories about people who made $50000 in a fortnight by making the right kind of investment in real estate. Every now and then, newspapers keep coming up with statistics about the appreciation in the real estate prices. There seems a mad rush for investing in real estate (and this gets even bigger when the mortgage interest rates are falling). However, not everyone has the time, money and expertise to be able to profitably invest in real estate. So what does one do? Is there any other option?

Yes, there is another way of investing in real estate and that is through Real Estate Investment Trust. Real Estate Investment Trust is an organisation that invests in real estate as a full fledged business. By investing in a Real Estate Investment Trust, you can become part of the real estate investment party and enjoy profits (of course, the assumption here is that the Real Estate Investment Trust is good and professionally managed).

Investing in Real Estate Investment Trust is very easy too. You can just buy Real Estate Investment Trust shares which trade on all major exchanges. There are certain laws governing the Real Estate Investment Trusts that help them avoiding the tax at corporate levels e.g. it is mandated that Real Estate Investment Trust’s portfolio has 75 percent of investment in real estate. Moreover, 75% of the income of Real Estate Investment Trust must be from rents or mortgage interest. There are various types of Real Estate Investment Trusts. Some Real Estate Investment Trusts own properties themselves and hence feed on the rental income from those properties. Some others indulge in providing only mortgage loans or go for mortgage backed securities. Then there are Real Estate Investment Trusts which do both i.e. rental focussed investments and mortgage based investments.

There are a number of Real Estate Investment Trusts operating in the market and a lot of these Real Estate Investment Trusts are doing good business. By investing in Real Estate Investment Trust you are basically investing in real estate without actually buying a property yourself. This is one easy way of investing in real estate (and much safer too). You must surely evaluate this option for your real estate investments.

Markets, global growth, real estate, Fannie & Freddie

admin — Sat, 28 Nov 2009 13:10:07 +0000

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I Don't See Green Shoots; Commerical Real Estate Drop Accelerates; ObamaCARE

admin — Sat, 28 Nov 2009 11:11:42 +0000

Home sales up. Has the market bottomed out? features.csmonitor.com Commercial real estate drop accelerates www.bizjournals.com SPECIAL PROJECT Federal Republic of Centonia demcad.250free.com (Firefox only) GM global sales fall 22 pct in first half of 2009 money.cnn.com Reid: No health care vote in Senate until fall www.breitbart.com National Mall in disrepair after years of neglect apnews.myway.com UPS quarterly profit plunges as shipping slides www.msnbc.msn.com Federal regulators propose …

Newspaper Real Estate Listings vs Online Real Estate Listings

admin — Sat, 28 Nov 2009 09:10:10 +0000

The most common ways of looking for real estate listings are through the Internet and through your local newspapers. No matter what you are looking for, whether it is a home for you and your family to live in or real estate to invest money in, real estate listings will be the prime way for you to find the real estate that is best for you. To find real estate listings, you can use both the Internet and newspapers. It is up to you which one you choose.
Newspaper real estate listings
Looking at real estate listings in the newspaper is one of the most traditional ways to find real estate to purchase. Today, it still stands as one of the most used ways to look over real estate listings. Unfortunately, looking through real estate listings in newspapers can become very time consuming. You will find yourself flipping through pages. After reading through them all, you have to go back and find the ones that fit your needs the most.
Once you find the real estate listings that fit what you are looking for, you have to take the time to write down the contact information and then call them and make an appointment to view the property. Sometimes the real estate listings do not include pictures, which can be a total setback. Newspaper real estate listings are updated every week or so. This means that real estate you are interested in may not be available once you get around to it. If someone were to purchase the real estate before you, you have no way of knowing it before you waste your time.
Internet real estate listings
Since the Internet has grown more and more popular, finding real estate listings online has become one of the easiest and quickest ways to find real estate. The best thing about internet real estate listings is that they are updated two or three times a week. This makes it easier for those who are looking for real estate to buy because they do not have to worry about the real estate being unavailable or already sold.
Also with internet real estate listings, you will be able to few high-resolution photographs of the real estate you are interested in, instead of relying on a small black and white photo out of the newspaper. This allows you to truly see what the real estate looks like. Finding the perfect real estate for you is easy online. You do not have to go through lists and lists of listings to find one that is suitable for you because with a simply click of your mouse, you could find the real estate you are looking for.
Online, you can pick certain criteria such as how large the real estate is, where it is located, etc. This cuts down on the amount of time spent looking for real estate that fits your criteria. With online real estate listings, you do not have to worry about finding contact information. Most times, the website will provide you with a service to contact a realtor, or you can easily print out the real estate ad.

Real Estate Education

admin — Sat, 28 Nov 2009 07:11:44 +0000

Real estate education according to it very basic description refers to education about real estate. Indeed, there are many things to learn about in real estate. In many developed countries, real estate education is a highly developed field. There are entire institutes that are developed for this profession. Also, there are many regulations that apply to this field. Therefore, it can be said that there are two branches of learning that essentially apply to real estate education; one is the legal face of real estate, and the other include the technical aspect.The technical aspects of real estate education are many. There are indeed many things to learn about in this field. This is because of the specialization brought to this field. Indeed, the real estate field has become increasingly specialized for more than one reason. Not only has it been refined because of technological advancement, but also because of the importance that is now given to customer service. Like many other fields, customer service has affected the real estate field. A great many real estate deals often depend on customer service, and this is why a lot of attention is now being paid to it.Whenever real estate business have new ideas to implement, customer service is always given due consideration. In real estate education, students are taught about paying attention to the importance of customers whenever they come up with an idea.Apart from real estate education involving awareness development for customer service, there is a myriad of other important aspects. These aspects include ideas like market demand, which in itself includes aspects like convenience in a locality.Most real estate education centers will teach you about the ‘convenience’ factor. This convenience refers to how close a residence may be to shopping centers, hospitals, schools, etc. http://education.ixs.net People are most likely to select homes that allow them to reach such important places at their convenience and in the shortest possible time. Some of these places need to be reached on a daily basis. For examples, children need to attend schools at least 5 times a week. Families are more likely to purchase or rent homes that can facilitate them in this way.Real estate education also teaches students about the cost factor as well. The cost of a home is most likely to correspond with the type of locality it is in. This is because homes that are considered to be in convenient locations are high in demand. This demand factor is what pushes the value of homes higher. However, there is a limit placed on how much a home may cost in most developed countries. This is where the legal aspects come into action.The legal aspects in real estate education allow a student to learn about various important issues. Some of these issues include the costs of homes. They may also include learning about the formal paperwork for homes, which is a very important process in real estate business.Indeed, the legal side of real estate education is quite extensive, and this side influences a great deal of a real estate agent’s business. In a real estate agent’s daily dealings, legal aspects apply. Therefore, the importance of it cannot be emphasized more.Real estate education, as we have briefly seen above, is an interesting field. It allows students to learn about the entire industrial setup of the real estate industry. This includes the technical aspects as well as the legal aspects.Real estate education is now a specialized field, and it is becoming focused as time progresses. While technological advancement has played a role in this, so has customer service awareness has had a tremendous impact. Therefore, a lot of the specialization that a student learns about in real estate education is influenced by customer service awareness.There are many real estate education centers available to students who want to learn about this field and make their careers in it. These centers provide complete training and short courses that prepare individuals to act efficiently in this field. There are also online courses available for those who do not have the time to physically attend classes. All teaching materials and instructions are supplied online. While one may think that this is not a feasible way to learn, it is actually a way of learning that is growing more and more popular. Hence, real estate education can also be availed online too. For more information about Real Estate Education Visit: http://education.ixs.net/content/Real-Estate-Education.php

Luxury Home Short Sales Real Estate Foreclosures Investing

admin — Sat, 28 Nov 2009 05:10:07 +0000

www.TheShortSaleSecret.com – This is a video of how one of my students closed a luxury home short sale deal on his very first deal with no previous experience, only $914.00 invested in the deal, and no use of his own credit. He made $169742.00 WOW

Real Estate Investor Information

admin — Sat, 28 Nov 2009 03:11:29 +0000

If you want to make money by investing in real estate, you should be sure to get plenty of real estate investor information before you make any property purchases. Many people are very successful at investing in real estate, but there are also many who fail with their first attempt because they did not seek out the proper real estate investor information before they dove in. Getting valuable real estate investor information is the key to success when you are starting out investing in real estate and that is why it is advisable to do plenty of research on your own as well as taking real estate investment courses or classes.Many people overlook the process of getting the right real estate investor information because they think the process of buying rental properties or renovating and then selling houses is an easy one. The truth is that no matter what type of real estate investing you are planning to do you will need a large amount of real estate investor information if you want to be successful. There is much more to being a real estate investor than purchasing a property and renting it out or doing a few repairs, you must know the market conditions, all the taxes, paper work, and fees involved with your investment as well as be able to anticipate any potential problems. By taking the time to get quality real estate investor information you are much more likely to be successful in your real estate investment endeavors.Generally the best real estate investor information which should include risks, benefits, and tips to be successful, is compiled by already successful real estate investors who have profited form real estate investing themselves. Getting your real estate investor information from an already successful and proven real estate investor is the best way to educate yourself for success. The real estate investor information from this type of source is usually the most relevant and valuable as it contains tips, strategies, and advice that has been tried first hand. The best way to learn about real estate investing is to look for real estate investing information in the form of books or courses that are created by successful real estate investors.There are many ways to invest in real estate from flipping houses to renting out properties to just buying land. The best real estate investor information will give you tips on buying the most lucrative properties that will increase the most in value. It will also tell you how to make the properties you buy sellable or rentable with the least amount of money and while avoiding complications. When buying real estate you have the choice of renting out the property or selling it, and the real estate investor information you use to educate yourself should cover both real estate investment approaches as well as tech you how to determine your realistic chances of success with each approach. No one can make investment choices for you, but seeking out the right real estate investor information will give you the knowledge you need to make successful choices.

I have a IRS lien filed against my Real Estate. How long do I have before the property is placed for auction?

admin — Sat, 28 Nov 2009 01:10:14 +0000

A lien was recently [July, 2007] placed by the IRS against a piece of Real Estate in New York that is owned by an Estate that I am the Executor of.

How long do I have from the time the lien was placed by the IRS to the time that the IRS forces the property for sale or auction? If the property is forced for sale or auction by the IRS is there some type of redemption period that I have?

The Estate does not want me to sell the Real Estate.
The estate will be able to pay the IRS what it owes within three months. Do I have that much time before the property is placed to auction or sale?

How many real estate brokers should I talk to?

admin — Fri, 27 Nov 2009 23:11:48 +0000

I will be buying a house in the next six months. I have a couple of real estate brokers who have been recommended by family friends and colleagues. How many real estate brokers should I be talking to?