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Property Crossroads - Real Estate Info

Archive for April 2007

April 30th, 2007

More Reasons to Visit b5 media’s Business Channel

b5 just recently launched 6 more blogs in the business channel offering more resources and insights about the different aspects of doing business.
Here are the new additions to the business channel:
linkedintelligence.com
"If you like LinkedIn, you’ll really like Linked Intelligence. The blogcovers all aspects of LinkedIn from how to use it more effectively to get a […]

By Maricel Ferrer-Custodio -- 0 comments

April 30th, 2007

Are Baby Boomers Driving a New Demand in Real Estate? Vacation Homes vs. Investment Homes

Les Christie of CNN Money.com reported in her article "Homes: Big Drop in Speculation" that more investors are dumping their investments; pulling their money out of real estate.   As home prices became stagnant or declined in value, the speculators are the first to flee the real estate market.
However, this did not affect the sales of […]

By Maricel Ferrer-Custodio -- 0 comments

April 29th, 2007

Real Estate Success is Not All About Acquired Knowledge it Involves Some Critical Habits too

Michael Sexton of Trump Blog discussed "The Five Critical Habits of Real Estate Success".

Habit 1: Being Curious

"Successful real estate investors hunger to learn something new everyday."

Habit 2: Staying Flexible

"To win, you have to stay open-minded and agile."

Habit 3: Looking at Properties

"Top investors never stop looking at properties.  Doing so provides information that they can […]

By Maricel Ferrer-Custodio -- 0 comments

April 27th, 2007

Real Estate Tip No. 3 : Have a Plan

Two of the most sought after investments in the world is real estate and stocks.  They can both give you thousands to million of dollars in profit but also losses.  Just like any other investment, there are risks involved.
For any businessman or investor, they know that risk is just part of doing business.  However, for […]

By Maricel Ferrer-Custodio -- 2 comments

April 26th, 2007

A Quick Overview of “Subprime Loans”

Here is a video that gives a quick overview of subprime loans. 

Subprime Loans reported by Mark Huffman for ConsumerAffairs.com
Source: YouTube submitted by ConsumerAffairs.com
Property Crossroads’ Related Articles:
Real Estate Tip No. 2 : Be Financially Prepared
Owning a Home: Live the Dream… Don’t Turn it into a Nightmare!
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By Maricel Ferrer-Custodio -- 1 comment

April 26th, 2007

Are all Foreclosures a Bargain?

This video explains that not all foreclosures are a bargain.  It also stressed the importance of choosing the best financing terms in order to avoid being the next foreclosure statistic.

Foreclosures reported by Mark Huffman for ConsumerAffairs.com
Source: YouTube submitted by ConsumerAffairs.com
Property Crossroads’ Related Articles:
Things You Can Do to Avoid Foreclosure
Help for Those Facing Foreclosure
Mortage Check: How […]

By Maricel Ferrer-Custodio -- 0 comments

April 25th, 2007

10 Questions to Ask Yourself to Assess your Financial Readiness to Purchase a Property

1)  Do I have a steady source of income?
2) Is there room for me to save with my present income?
3) Will there be enough money left to finance a mortgage, after I deduct all my living expenses and current loans from my present income?
4) Is my present savings enough only for the minimum deposit required […]

By Maricel Ferrer-Custodio -- 3 comments

April 23rd, 2007

Real Estate Tip No. 2: Be Financially Prepared

All these hype about foreclosures and subprime mortgage meltdown can be minimized if not avoided, if more potential buyers were financially educated and prepared.
In this era, where competition has opened more mortgage channels than ever before, more people are falling into the trap of living in a property they can’t really afford. A vast number […]

By Maricel Ferrer-Custodio -- 3 comments

April 23rd, 2007

5 Ways to Familiarize Yourself with the Real Estate Market

1) Start reading the newspaper or watch for the latest real estate news.  It will give you a general sentiment of the real estate market.  The latest policy or interest rate movement could also give you an idea on where the market is heading. This will assist you in negotiating the price.
example: NYTimes: A […]

By Maricel Ferrer-Custodio -- 0 comments

April 21st, 2007

Real Estate Tip No.1 : Familiarize Yourself with the Market

Any real estate, whether you intend to make a profit out if it (investment) or provide a house for your family (security) should be carefully evaluated before buying.  You need to familiarize yourself with the market. 
Real estate books, articles and seminars are there to guide you.  However, you need to actually get out there […]

By Maricel Ferrer-Custodio -- 3 comments

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