6 Things You Must Demand From Your Real Estate Agent!

In the United States, there are well – over, one – million, licensed real estate professionals, although, only a relatively, small percentage of them, are responsible for, the vast – majority, of closed – transactions. Therefore, whether, you seek to sell you home, or are a potential, qualified buyer, it is wise, to carefully, choose, your agent, based on, your personal, best – interests, and, after interviewing them, feeling, they have the combination of attitude, aptitude, skills, persistence, professionalism, and expertise, to serve your needs, goals, and priorities! After, over 15 years, as a Real Estate Licensed Salesperson, in the State of New York, I strongly, believe, these 6 things, you must demand, of the individual, you hire. With that in mind, this article will attempt to, briefly, consider, examine, review, and discuss, what this means, and represents, and, why it matters.

1. Integrity: The real estate professional, you choose, must, consistently, exhibit, absolute integrity! To serve and represent you, you need, and deserve, someone, you feel confident, you can, consistently, trust, in good – times, or less!

2. Allegiance: Nearly every state, as well as Realtor Board’s, include a Code Of Ethics, regarding, the conduct, required by a realtor, to his clients, and customers, etc! One of the key components is, owing a client, complete allegiance, and protecting their privacy, etc. Your chosen professional must put – you – first, consistently, and never provide, any information, which might harm or compromise, your interest (however, that does not mean, violating the law, and/ or, providing any material misstatements!)

3. Tell what they need to know: My service – marked, slogan, is, I will always tell you what you need to know, not, just, what you want to hear. You need, and deserve, someone, who will inform you, in a realistic manner, rather than, wearing, rose – colored, glasses!

4. Prepare a client: Agents owe their clients, a readiness, and willingness, to thoroughly, consistently, prepare them, for potential, possibilities, in order to make this process, as stress – free, as possible! When one prepares his clients, properly, the transaction period, becomes, an easier one!

5. Negotiating expertise: One of the reasons, to hire, a specific agent, is their degree of negotiating expertise, in order to achieve the best price, in the shortest period of time, with a minimum of hassle! This requires the individual, to thoroughly, understand, and know the local, real estate market, etc.

6, Handling details: The transaction period, is, often, full of challenges, and requires, handling the details, effectively, and efficiently, on a consistent basis!

Since, for most, the value, of their house, is their single – biggest, financial asset, doesn’t it make sense, to do, whatever, possible, to ensure, you protect it, and make the best decisions, and take the smartest actions! Consider these 6 things, when you hire your real estate agent!

Immobilienmakler Heidelberg

Makler Heidelberg

Source by Richard Brody

Stamp Duty Explained for the First Time Home Buyer

If you have been in India for long enough or have done any major transactions here, then you know about stamp papers. A stamp paper or a revenue stamp paper is an official document used when legally registering a transfer of assets. If you are buying property, it is crucial for you to register yourself as the owner of the property, or else who is to say that you really bought it?

This registration of the property will officially record this transaction in the books of the local government municipality. The government has made the use of stamp papers mandatory in such transactions so that it is easier to track changes in ownership. In the process of using this stamp paper to register the property in your name, you will have to pay a tax called stamp duty to the government before completing the transaction.

The process of buying a property is simple. Once you have your stamp paper, sales deed, and other property purchasing documents in place, check the market price of the property, agree on a sale price then pay the stamp duty. After which you can execute the deal.

To pay the stamp duty fee to the government, you will have to go to the sub-registrar office of the state in which the property is located, and pay the stamp duty there. The price of how much to pay for your stamp duty will depend on the market price of the property, as in, it will be a percentage of the market value of the property.

The stamp duty charges differ from state to state. On average, you will have to pay around 5 to 8 percent of the property value in tax. In India, the buyer is usually expected to pay this fee, but this is negotiable with the seller. In some cases, the seller pays this fee. There are also some cases where both the buyer and seller jointly pay this fee.

Most states in India charge a few percent less if the buyer is a woman. For properties that are jointly bought by a woman and a man, there are different rates for some states, usually a middle point between the two rates.

If for some reason you purchase a house and have not paid the stamp duty fee for it, then you are liable to pay a penalty of 2% of the payable amount every month that you delay, in addition to the payable amount. This reaches to a maximum of 200% of a penalty if you leave it for too long.

The stamp paper that is used in this process should be purchased in the name of the buyer or the seller. If it was not purchased in the name of any of the two parties involved in the deal, then the stamp paper will lose its value in six months.

Recently, the governments of a couple of states in India have established online stamp duty payment methods, which make this process easier and time effective. Therefore, this is also something you should look out for when paying your stamp duty.

Immobilienmakler Heidelberg

Makler Heidelberg

Source by Karan Kamble

FHA Loan Qualifications – How to Prepare to Meet FHA Loan Qualifications

Only because you do not possess student loan, credit card bills, car disbursement and other conventional trade lines trailed by the credit agencies does not necessarily mean you cannot be eligible for a credit loan.

Most of the times borrowers searching for a mortgage do not have enough conventional credit history to give a lender with a rational credit rating. This is never a big deal!

The great news is that the FHA loan qualifications accept non-conventional credit in situations where you have inadequate trade lines with Equifax, Trans Union and Experian.

How does it work?

Nor-Conventional Credit References

FHA requires that as a borrower, you should have three credit references from two groups of non-conventional credit resources.

Group One- this first group of references is heavily weighted than the last group it is deemed to be a more precise forecaster of your credit value.

The first group comprises utility payments like electric, water and gas. Rental payments, cable TV bills and telephone can also be included in the first group.

Group Two- The qualifications for FHA are feasible by incorporating payment references like payment to day care, insurance payments, internet phones, and a 12-month bank statement that shows the history of deposits thus illustrating an increased balance. The last group also allows individual loan wherein the settlement terms are documented and signed by both concerned parties.

Applying for the FHA financing

In order to become eligible for the FHA financing, you should show that you are employed, have a good job status and that you are reliable. As you apply you have to give the following:

1. You must present your previous addresses within two years. If you are a couple that had varied addresses, you have to incorporate both of your addresses.

2. You must able to show your employment history in two years, that includes the name of your employer and their addresses along with your monthly gross income.

3. Present your income tax form and W2 for the last two years.

4. If you are a veteran, you will have to incorporate your discharge papers as evidence of you status as a veteran.

The ideal way to qualify for the financing program of the FHA is to illustrate that you have been a dependable credit holder within two years.

In order to do such, you have to settle your old debts, pay on time, avoid any major credit procurement like buying a new car and stay with one employer. Keep in mind that being eligible for FHA financing is a lot simpler that dealing with private lender but it’s not for free. You have to show stable employment, dependability and overall ability to pay on time.

Immobilienmakler Heidelberg

Makler Heidelberg

Source by Brian I Park

Home Sellers: Prepare Your Home for Sale

You want your home to sell, of course, for the highest possible price, and in the shortest amount of time. Here are a few good tips for making sure that happens, long BEFORE potential buyers visit your home.

First, make sure that your home’s curb appeal is at least as good, and preferably better than the other homes that are for sale in your area. Buyers often drive around in the neighborhoods they’re interested in, and if they see a home that looks great from the street, they’ll generally follow up with a phone call or visit. Make sure your home is one of those that catches home buyers‘ eyes from the street.

If your home needs paint, carpet, a new roof, or any other relatively major repairs, do them BEFORE any buyers visit your house. Just telling people you intend to repair or replace something does no real good. They only see the old situation. Home buyers don’t visualize the new one, nor should they have to. Do the work before anyone comes to see your home.

Make sure you have all the information about your home that a potential buyer might want. That’s where a nicely printed, attractive flyer can prove invaluable. It covers all the pertinent information about the home itself and the financial details. Buyers can take the flyer home and use it to make their decision, even when you’re not around to answer their questions in person. Remember, buyers, especially first-timers, often need some help when it comes to buying homes. Provide them with all the help they need to make the purchase. Seek help from a mortgage broker with making a financial flyer that gives the buyers details like suggested down payment and monthly payments.

Taking care of these details well before any buyer visits your home can sell your home more quickly and for a higher price.

Immobilienmakler Heidelberg

Makler Heidelberg

Source by Jeanette Joy Fisher

Tips For First Time Car Buyers to Get Online Auto Loans

What Are First Time Buyer Auto Loan Programs?

Whether you are buying your first new or used car or are planning to apply for online auto loans for the first time, understanding how automobile dealerships and lenders see you, and what you can do to improve that image, can help you to be prepared in advance of applying for online auto loans for the first time, so that you will be in a better position to get approved for an car loan with a lower interest rate and better terms. After all, you want your monthly auto loan payment to be the lowest it can possibly be, right?

Who might apply for first time buyer car loans? Some people that first time auto loan programs can help could be:

* Teenagers, personally buying their first car in their own name will need to apply for first time buyer auto loans as they have no credit history behind them

* College students living away from home for the first time frequently have not had time to build a credit history before leaving for school and so will often need to apply for first time buyer car loan programs

* People that have always paid cash for a vehicles in the past, but now want to upgrade to a newer one or are forced to take out automobile loan because they do not have the cash funds to buy a vehicle at present

* Immigrants that have moved here from other countries, and thus have left their credit histories behind, may need to apply for first time auto loan programs in order to start building a credit history

Not All First Time Auto Loan Borrowers are in the Same Boat

The first thing to realize is that not all first time borrowers are in the same boat. There can be a lot of differing factors that can either work in your favor, or against you when you are applying for online auto financing. For instance:

* Are you employed full or part time? If you are not employed, do you have an income? Not being employed is not necessarily a game stopper, but if you plan to have your name on the title of the car and on the auto finance, you will need to demonstrate that you have either a job, regular income, or other funds that you will be paying your monthly auto loan payment from. Of course, the higher that your income is, the easier it will be to qualify for lower interest rate first time buyer auto loan programs.

* Do you have no credit history, because you are just starting out your financial life, or do you have a bad credit history/low credit score because you have had a few credit slip-ups in the past? Dealerships will certainly work with you in either case. However, if you have a low credit score, depending on how bad your credit history is, the dealership may be inclined to offer you a higher rate of interest and a lower credit limit on first time buyer auto loans as opposed to someone that has not made any credit mistakes in their financial life yet.

Note, see our recent article entitled „How to Get Approved for an Auto Loan with Bad Credit if you have Low Income“ to learn how to get unwanted items removed from your credit report to bring up your credit score.

* Will you have any funds available to make a down payment on your auto loan? Whether you are applying for first time buyer auto loans, or if you have had auto loans in the past and just need another one now, what every auto dealership or lender is going to take into consideration when assessing your application and the items on this list is; how much of a risk are they taking in making an auto loan to you and what if anything can they get you to do to mitigate that risk. Making a down payment is one thing that you can do to mitigate the dealership’s risk, making them more likely to quickly approve your automobile loan and to give you a more reasonable interest rate. In addition, a down payment will obviously bring down what you owe on the vehicle and so your monthly payments will be lower and more affordable. Down payments are usually not required to get online auto loans, but they can be very helpful when negotiating with a dealership. Even a small down payment can make a difference in how the dealership sees you.

* Is there someone that you know that would be willing to cosign for you on your auto loan? Cosigners are not required in order to get online auto loans, even if you have bad credit or no credit history at all. However, the use of a cosigner can save you a lot of money and make the application process go much more quickly and smoothly. A cosigner is someone that puts their name on your loan application along with yours, guaranteeing that the loan will be repaid. The limit and maximum amount of your automotive loan will be determined by the cosigner’s income and credit standing, not yours. So, if you choose to have a cosigner, make sure to pick one that has a high credit score. With a cosigner, there is really no need to look for first time buyer auto loans because you will be treated by the dealership as though the higher credit score and income were yours.

* What is the ratio of your monthly housing payment as compared to your income? A little known fact is that auto dealerships and lenders pay attention to this number. For instance, if you make $1,000 per month income, and your monthly housing cost is $300, then your housing cost takes 30% of your income. Anything over 40% will send up a red flag to the dealership/lender and they may need convincing that you can make your monthly payments on time. Take this into consideration when you complete your auto finance application.

Taking the above items into consideration, you should be able to get a clearer picture of how automotive dealerships and automotive loan lenders see you, and what you can do to control that image, at least to some extent. Once you have submitted your application, the die has been cast and you will see what the dealership offers you at that point.

Immobilienmakler Heidelberg

Makler Heidelberg

Source by Mabia Williams

Bluestone Creek in Warrington, Pennsylvania – Faber Realty

Bluestone Creek in Warrington, Pennsylvania is a delightful 55+ network encompassed by trees. This dynamic grown-up enclave of low-support homes is a comfortable network with a genuine neighborhood feel in notable Bucks County. Bluestone Creek’s occupants carry on with a joyful way of life alongside neighbors and new companions who share similar interests and leisure activities.

Civilities incorporate a private clubhouse furnished with wellness focus, gazebo,

and tree-lined strolling trails. Bluestone Creek in Warrington, Pennsylvania could be a pleasant 55+ network encompassed by trees. This dynamic grown-up dominion of low-support homes could be a comfy network with a real neighborhood feel in notable greenbacks County. Bluestone Creek’s occupants stick with it with a joyful means of life aboard neighbors and new companions WHO share similar interests and leisure activities. Civilities incorporate a non-public club equipped wellbeing focus, gazebo, and tree-lined strolling trails.

Bluestone Creek homes, 55+ Community in Pennsylvania. Faber Realty provides real estate service in Warminster, Warrington, Warwick, Northampton area. Purchasing a house is an energizing and complex experience. It can likewise be an extremely tedious and exorbitant one in case you’re not acquainted with all parts of the procedure and don’t have all the best data and assets within reach. One of my fortes is speaking to the best advantages of WARMINSTER TOWNSHIP region purchasers all through the home purchasing process.

It’s imperative that you pick an accomplished specialist who is there for you. Your specialist ought to be currently discovering you potential homes, keeping you educated of the whole procedure, arranging irately on your benefit, and noting the greater part of your inquiries with ability and speed.

To start with, discover an operator who speaks to you and not the vendor. This is valuable amid the arrangement procedure. In the event that you are working with a purchaser’s operator, he or she is required not to tell the dealer of your best decision. What’s more, he or she is additionally centered around getting you the most minimal asking cost.

Likewise, when you utilize a purchaser’s specialist, you will see more properties. In addition to the fact that they are connected to their Multiple Listing Service, yet they are likewise currently discovering homes that are recorded as FSBO, or homes that merchants are considering posting.

My far-reaching, top-notch administrations can spare you time and cash, and also make the experience more agreeable and less unpleasant. In case you’re similar to a great many people, purchasing a house is the greatest venture you will ever make. So whether you’re purchasing a starter home, your fantasy home or a venture property, why not exploit my experience as a neighborhood advertise master for WARMINSTER TOWNSHIP, WARRINGTON TOWNSHIP, WARWICK TOWNSHIP

Immobilienmakler Heidelberg

Makler Heidelberg

Source by Radhika Shah

Beaumont Houses For Sale – A Guide to the Real Estate Market in Beaumont, Alberta

The town of Beaumont is situated near Irvine Creek in central Alberta, Canada. It lies on Division no 11, which is only three and a half kilometers or two miles from Edmonton city and 9kms or 6 miles from the international airport at Edmonton. It was originally a French farming community and derives its name from the beautiful mountain on which the town’s most important structure, St. Vital Church, lies.

The town of Beaumont has a population of 10,820, and is one of the fastest growing communities in Canada. The town offers several advantages such as a comfortable size of community, a strong sense of community, a good place to raise children, beautiful vistas, and closeness to the international airport in Edmonton. This makes the town of Beaumont a favorable destination among individuals and families looking for homes for sale in Beaumont. Additionally, Beaumont is also home to the all Canadian Blues festival, „Beaumont Blues Festival,“ which is a magnet for tourists.

Reports on the realty market in Alberta reveal that the town of Beaumont, Alberta is slowly recovering from a declining real estate market. It saw a decrease in the number of people showing interest in buying or investing in homes for sale on the Beaumont real estate market.

The recent report on real estate in Beaumont reveals that the real estate prices in the residential sector had an average listing price of $438,431 for the week of November 13, 2009. However, the listing price for the most expensive homes for sale in Beaumont, Alberta remained at $950,000 and the lowest listing price for a home for sale in Beaumont was $135,000 for the week of November 13, 2009. The report also reveals that the average price per square foot of a home for sale in Beaumont, Albert remained at $242 per square foot, while the maximum price per square foot of a property was $370 per square foot and the minimum price per square foot was at $190 per square foot, for the week of November 13, 2009.

The homes for sale in Beaumont, Alberta spend an average of 80 days on the market on before they are sold but the longest it took a home to sell in Beaumont was 572. The price of real estate in Beaumont, Alberta varies from one neighborhood to the other. For instance the average listing price for homes for sale in some of the popular neighborhoods in Beaumont, Alberta for the week of November 13, 2009 were as follows:

Beau Val: $ 3, 69,900

Citadel Ridge: $3, 71,950

Coloniale Estates: $ 5, 04,822

Eaglemont heights: $ 4, 75,700

Four Season Estates: $ 5, 94,550

Goudreau Terrace: $ 3, 69,900

Alberta MLS can assist you in finding homes for sale in Beaumont or to view all the real estate properties available in the Alberta area. You can search the database of Beaumont, Alberta for homes, apartments, or condos listed or land listed for sale in the area.

Immobilienmakler Heidelberg

Makler Heidelberg

Source by Dan Yurdiga

Modern and Affordable Townhomes in Georgetown, Ontario

New in Georgetown, Ontario is Eden Oak’s Weaver’s Mill, a community to be developed a short walk from Georgetown’s historic downtown village. Billed as homes where ‚enduring style meets modern chic,‘ this new community of modern, affordable townhomes is being planned to appeal to a variety of purchasers looking for a modern escape in a quiet, yet convenient, suburban community.

With much of the Greater Toronto Area already developed, Halton is fast becoming a builders haven. Georgetown has many of the benefits of a larger town, with an air of simplicity. Located on highway 7 (Main Street) at Carruthers Road just west of downtown Georgetown, Weaver’s Mill will be adjacent to Emmerson Park with tennis courts, soccer pitch and playground, and close to Joseph Gibbons Elementary School on Jocelyn Crescent. On the fringe of Georgetown’s popular Moore Park area where nearby is a small plaza with restaurants, daycare, and convenience store as well as easy access to the VIA Rail and GO Train station for daily commuters.

Townhomes are an important part of Georgetown’s real estate landscape. MLS data includes the following on townhomes listed and sold in Georgetown from October – December 2010:

  • Number Listings 10
  • Average List Price $317,110
  • Average Sold Price $314,730
  • Average % List 99.2
  • Average Taxes $2,511
  • Average Days on Market 22
  • Average # Bedrooms 2.9
  • Average # Washrooms 21.6

Georgetown is an ideal location for those looking for respite from the city while still being close enough for the daily commute to work or to drive in for dinner and a show. And with proximity to numerous hiking, biking and ski trails and a plethora of community events like the Georgetown Farmers Market, as well as tons of sporting and community activities for children and teens, there is tons to do for the whole family.

Immobilienmakler Heidelberg

Makler Heidelberg

Source by Thom Gallagher

Buying a Real Estate Property

Sarasota is one of the most beautiful spots in Florida. It boasts its warm white sand, scenic sunsets and glistening gulf and its amazing culture and entertainment. They are also proud of their charming streets with elegant shops and exquisite restaurants that can make your mouth water. They also have majestic natural wonders and exciting, colorful festivals. Sarasota is really a place for all nature lovers.

If you like the nature, try and make all the difference by buying a Sarasota Real Estate Property. There are a lot of properties that you can choose from. One very good thing about Sarasota is that it has islands where you can live and rest in the simplest way possible.

To buy your dream Sarasota Real Estate Property, first, you must research on where in Sarasota you would like to live. Would you like it near the beach? Near majestic and scenic sites? Browsing in the web can help you a lot in choosing the place that you really want to have. In addition to this, you can also research on the real estate properties that are currently on sale in Sarasota. Would you like a condo unit or a 3 bedroom house for your family? Researching really helps a lot in finding a perfect place but, sometimes, human touch is also very much needed in buying a property.

A real estate broker from Sarasota can help you a lot. Why? They know all the things that you want to know of the place. They know the in depth position of the Sarasota Real estate market as of the moment, the neighborhoods and most of all check out and look for a property that suits your taste and lifestyle.

You don’t need to be there in looking for a property in Sarasota. All you need is a very good real estate broker who will keep you line of communication open for all properties that is for sale. The broker must also be eager in showing you all the new properties available in pictures or by e-mail. A real estate broker should also send updated property listings and exhibit interest in your likes and dislikes in buying a property.

By having a real estate broker, buying a Sarasota real estate is very, very easy. Even if you are not from Florida or anywhere near Florida, but you want to buy a place in Sarasota, all you need to do is visit the place that you have chosen to buy, visit it and check the neighborhood, and finalize everything. If real estate broker is good, she/he will be giving you all the options that you can have and make sure that the property fits your needs and wants. Real estate brokers also help you in fixing certain government dictated processes in buying a property like transfer of land title, deed of sale and other tax related processes.

Immobilienmakler Heidelberg

Makler Heidelberg

Source by Allison Ayson

The Importance of a Condo Corporations‘ Board of Directors

Condominium Corporations are not run by any one single entity. In actuality, a Condo Corporation has 3 governing heads: the owners, the board of directors and the Property Managers. The Board of Directors plays a crucial role in this relationship as they essentially run the Condo Corp on behalf of the owners. They represent the owners, and are responsible for virtually all of the major decisions related to the condo’s finances, the maintenance of the buildings and grounds, upholding and enforcing the Condominium Act, the declaration, as well as rules and by-laws. As a result, allocating the right board members is crucial.

What’s interesting is that there are no special skill sets, knowledge or certificates required to serve on the board. The Condominium Act simply states that the condominium corporation must be governed by a board of directors consisting of at least three directors who are –

A.) At least 18 years of age

B.) Mentally competent

C.) Cannot be bankrupt

Do not have a lien registered against them that has not been discharged in 90 days prior to the elections. What’s more interesting, and some might say downright surprising, is that someone with a criminal record can, in fact, become a director. For anybody considering ownership of a condo unit, the competence level of the board may be concerning to you. Not to worry, you will have your say in determining qualified candidates.

Only owners can „vote in“ or „vote out“ directors, or an entire board in rare scenarios. They would do so at the AGM (Annual General Meeting) or a requisitioned meeting (a special meeting usually called or requisitioned by owners, or by a single board member, or multiple members). When a vacancy occurs on the board, if a member were to resign for example, the remaining members may appoint a „temporary member“ to take their place until the next AGM. At that point, the appointed member will become a candidate to the elections should he or she wish to remain on the board. But the owners have final say.

According to the Condominium Act, the directors of a condominium corporation are held to the standard of „the care and diligence and skill of a reasonable prudent person.“ They are expected to act in the best interest of the owners and the building, and they are expected to ensure that rules and declaration are applied uniformly and consistently. Boards are not allowed to refuse to enforce rules, even in the rare case where only one owner issues a complaint. Failing to enforce rules fairly generally leads to a wealth of problems down the road, with financial problems being just one of the many potential outcomes. These problems can ultimately lead to diminished resale value of the owners‘ units.

With the requirements put forth by the Condominium Act being so loose and vague, owners may find themselves working with a „bad board“ who don’t seem to have the owners best interests in mind. A potential solution is for a condo to pass a by-law which would indicate specifics in terms of who can be elected to the board, provided that this by-law is within the scope of the Act. For example, it can be specified that „all directors must be owners“, as owners have an invested interest in the condos well being.

When boards fail to enforce or follow rules, the owners may issue their right under Section 134 of the Ontario Condo Act, allowing them to seek a court order which would force the board to comply. With that said, the Act unfairly permits the condo corporation to charge 100% of the legal fees incurred by the board and the owner in obtaining compliance. In turn, seeking such a court order may end up costing the owners an obscene amount of money.

Moreover, the Board of Directors is responsible for hiring a management company. Property Managers can be thought of as the Board of Directors „arms“. They carry out most of the tasks required to maintain an orderly building, including but not limited to: collecting all fees from owners in a timely fashion, ensuring that invoices are paid, keeping proper records, maintaining adequate insurance, providing recommendations related to policies and procedures, carrying out enforcement based on policies and procedures, handling tasks associated with maintenance, and much, much more.

Allocating the proper board members is absolutely crucial to the success of the owners. The board represents the owners, and as such, should be accountable to them. A good board will communicate clearly and openly with the owners, address resident complaints, follow and enforce rules, maintain an orderly building, and ensure condominium corporations‘ fiscal health.

Immobilienmakler Heidelberg

Makler Heidelberg

Source by Sarvesh Sharma

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