Home Property

INVEST in REAL ESTATE-Investment Tips for Investors in Homes

This Nashville property was purchased for $115,000 in a “young professional” section of Sylvan Park. We renovated it for about $25,000, and sold it for $225,000. Properties with this kind of profit potential can be found anywhere around the country. www.CashinHouses.com is a site for real estate rehab investors. For 25 years I have helped investors buy WITHOUT CASH OR CREDIT, just like I did in amassing a multi-million dollar net worth in only 3 years. I have been sharing the techniques I learned for converting a Plain Jane House into
an Xtreme MakeOver Doll House for maximizing profits. www.TrainToBeAPro.com is a site for investors to learn to use 13 cutting-edge investment techniques. If you ever wanted to be a Professional Real Estate Investor, this training is extremely unique! It’s the only Coaching Program in America (1) for learning the 13 most-important cutting-edge techniques including rehab skills, option-buying, and foreclosure know-how, AND where you’ll acquire a property negotiated exclusively for you with $20,000 or more profit! This site is where you can even complete an application for one-on-one training. Get your free CD for real estate investing at www.RetireWithAGrin.com

Duration : 0:8:7

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Is this a shady home appraisal?

Every home appraisal I have ever had the appraiser comes in the house and around the property and takes measurements and asks about updates (for a refinance).

Well can a home appraiser just do a drive by and take a picture and never go inside of the house or take measurement and see what if anything has ever been updated on it? What kind of action other then demanding the mortgage company take responsibility for this home appraiser in my opinion doing a half ass home appraisal?
So even if you pay 500 dollars for a appraisal that is what a drive by appraisal goes for now a days?

That is shady. The appraisal you describe costs $125. The bank just wants to know that there really is a house on the land (for a drive by).
Ask for your money to be refunded..

Posted in home property appraisal | 2 Comments »

Is there a way to calculate your ideal price range for buying a home?

Is there some kind of formula you can use to figure out what home prices are within your budget? As in, which prices are reasonable considerations and which are out of the question for you? Also, are property taxes calculated into the selling price?

(I’m in Massachusetts if it makes any difference) Thanks.

The old fashion way was we figured a 1000 a month payment for every 100k we borrowed. This figure covered everything needed to own a home. Property taxes, home owner insurance, water, sewer, and so on. Property taxes are not included in selling price.
How much home you can afford is how much down payment you have.
Last home I bought I had 50k for down payment, I could afford 2k a month in payments. So we could afford a house costing 250k or less.
Using that formula gives you breathing room each month.

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Im looking for an investment property in Brazil, which area should I focus my search in?

I am looking for a condo/apt or maybe a house if the price is right. I’m looking in the 350 k US and under range, i’ve seen plenty available in that range but I don’t know which areas I should focus on. I’m looking for an area that’s up and coming or with potential as opposed to what’s hot and or saturated now. Preferably a place that would have a decent rental market. Would I be better off buying a couple 150k range condos instead of one higher priced unit? They wouldn’t be a 2nd home for me, it’d strictly be an investment, a place I would rent out to whomever until the value increased enough for me to warrant moving it. Do you believe the potential to make money in the brazilian property market is there? Any relevant info you could add that you think I might need to know would be appreciated. Thanks in advance for all of your help

Try Itacare – it’s an up and coming area – pristine beaches, surfers, getting more popular with European tourists.

If you’re American, you’re better off investing closer to home – there are a few underpriced markets in the US that show a lot of potential.

Posted in home property search | 1 Comment »

Home cash purchase sales tax?

I am looking to pay cash for a home and property. How much can I expect to pay in sales tax? I live in Mississippi but can’t find info on the tax commission website. Can someone enlighten me? a quote from any other states would help give me a ballpark figure, so please answer even if not specific to MS.

Real property isn’t subject to sales tax in most of the US. Each state and county have different taxes that may apply. There are real estate transfer taxes, registration fees, etc. A real estate broker should be able provide you with an estimate. A real estate lawyer is another source if you’re not using a broker. (You really need to use a lawyer. The lawyer’s office handles title searches and other services to make certain the property is clear of liens or use restrictions.)

Real estate commissions are usually 6% of the sales price. A ballpark figure for other expenses is about 1%. You may also have to reimburse the seller for taxes that have been paid for the portion of the year you will own the property.

I hope this helps.
Gary

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Vacation Home Purchase?

Has anyone purchasing an Orlando vacation home as their main property? What are the advantages and disadvantages of buying a vacation home as a couple’s main property?

Their are some tax implications, check with the IRS. Other than that, make sure you are buying in a decent area of Orlando since a lot of Orlando is fairly urban and not easy for resale.

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How Can One Raise The Property Value Of A Home?

Gardening and paint do not increase the value at all, only the saleability. The appraisal will stay the same.

Upgrade the kitchen and bathrooms, you get the most bang for your buck in those rooms.

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Where can I look for mobile homes on prvt property in Tennessee?

I need realtor or paper suggestions for middle/east ten.

Pride Homes Realty LLC www.pridehomesrealty.com

Ask for Pippy Weller, she is a wonderful agent.

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Do homes routinely have a lost property box?

You know for those lost socks and lids off textas? I need to find my flower clip, would it be in a lost property box?

Yes it is behind the dryer.

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Real Estate Appraisal (1 of 6) Quicken Loans TV, Intro and Front Room

Quicken Loans TV takes you through a full real estate appraisal home inspection in this informative video – part 1 (steps of the appraisal and the front room appraisal) of the Quicken Loans Appraisal series. A home appraisal is something you’ll need when getting a mortgage. For more information on appraisals go to https://www.quickenloans.com/mortgage-news/how-do-you-get-the-best-appraisal-and-whos-to-blame-if-it-comes-in-low-5465

Duration : 0:5:27

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