Generally, apartment-style buildings are called condos, two-story row houses are known as town homes, and free-standing homes on small lots are referred to as garden homes. Unfortunately, this description creates some confusion about real estate ownership. Apartment, town home, and garden home...

Real Estate Owners Should Plan Now Before Tax Breaks Expire

Few can say that the U.S. income tax code is easy to navigate. To complicate matters further, taxpayers need to plan ahead to take advantage of recently enacted tax breaks that are scheduled to sunset at some point between now...

The single most common mistake that a note holder makes when creating a note is that they fail to check their buyers Credit Report. It seems so simple, but it is worth repeating “Most people fail to check the credit report of their prospective buyers!!” Can you believe this? Just by...

When you bought your home, you offered less than you were willing to pay, right? That’s the most common negotiation technique. For experienced investors, however, that’s just one technique among the many more powerful ones. What else can you do?

How To Make An Offer

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One of the crucial elements of real estate negotiation is time. Understand and master the use of time, and you can buy a home for thousands less. Here is one of the most important aspects of time:

Deadlines In Real Estate Negotiation

Time is of the essence. It even says as...

One of the most important principles of real estate negotiation is to learn why the seller is selling. More than that though, you want to try to learn the seller’s motivations for every aspect of the process. In other words, learn not just why he wants to sell, but also why he wants to...

Let us never negotiate out of fear. But let us never fear to negotiate. (American 35th US President (1961-63), 1917-1963) Even the most famous recognize the need for the art of negotiation. To be able to make a good real estate deal, you must develop the art of good negotiation or find someone...

Real Estate Math – Do You Know These Simple Formulas?

How much real estate math do you need to know if you are investing in real estate? There are computers and calculators for calculating interest rates or amortizing loans. What you need to know is a few simple formulas for...

The single biggest question I get from people getting started in real estate (and experienced for that matter) is how to find deals? They say, I dont know what to focus on in real estate. Should I focus on rehabbing? Should I focus on finding absentee owners? Should I focus on direct...

Start your real estate market research with the U.S. Census information about a town. You want to invest in a town that is growing, especially if you are investing in income properties. It’s getting easier to do this now, with all the information available online. Just go to the official...

Three months ago, the Current Market Conditions survey showed that overall the U.S. housing market was displaying a rare balance between buyer demand and seller supply for the first time in eight years. The latest quarterly survey shows that equilibrium has been achieved — 41% of real...

You want to know whether the market is strong if you are buying or selling real estate. Having such information lets you know how flexible you need to be in offers.

Sales have slowed for large parts of the east and west coasts for sellers. Good news for buyers there. On the other hand,...