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Property Crossroads - Real Estate Info

Archive for April 2007

April 20th, 2007

How to check if you can you really afford to buy your dream house?

Buying a property can be a very emotional experience for some first time buyers.  It is very easy to fall in love in a property you cannot afford. Thus, it is advisable to have a budget in mind before you start looking for any properties. 
Check out these calculators before you start your search for your [...]

By Maricel Ferrer-Custodio -- 2 comments

April 19th, 2007

Owning a home : Live the dream…don’t turn it into a nightmare!

Lately, the real estate industry has been giving a lot of buzz about the meltdown of subprime loans.  Most of those who availed this type of loans are those who have imperfect credit, few assets and don’t qualify for standard loans.  They are the most vulnerable to foreclosures; specially since subprime loans have higher fee [...]

By Maricel Ferrer-Custodio -- 3 comments

April 19th, 2007

Let’s Ride the Real Estate Roller Coaster

US Home prices from 1890 to present were adjusted for inflation plotted as a roller coaster.  If you don’t have the time to read about historical price trends or having difficulty interpreting graphs, I’m sure you will see and probably feel it in this real estate roller coaster.  Don’t forget to take note of the [...]

By Maricel Ferrer-Custodio -- 3 comments

April 18th, 2007

One story, Two women… Real Estate Success!

Debra Gould is not only a famous home staging diva, but is also a smart real estate investor.  Aside from her ability to transform homes into hot properties, she also knows how to spot a good real estate bargain.
I was particularly interested in one of her real estate success stories. 

Here is an excerpt of [...]

By Maricel Ferrer-Custodio -- 5 comments

April 17th, 2007

10 Simple Things That Can Amazingly Increase the Value of your Home

Debra Gould of Six Elements is famous for her home staging (fluffing) business.  She literally stages your home to make it more enticing to buyers.  It does not have to be a major renovation.  It could be a simple rearrangement of furnitures, adding some artwork or simply tidying up your place.
Here are Debra Gould’s  Top [...]

By Maricel Ferrer-Custodio -- 1 comment

April 17th, 2007

Help for those Facing Foreclosure

On a recent report by Washington Post, an advocacy group has pledged $1 Billion to help people stay in their homes and fend off foreclosure.
During the boom times of real estate, a lot of people took up subprime loans in order to catch up to the rising prices of real estate and secure a property.  [...]

By Maricel Ferrer-Custodio -- 7 comments

April 16th, 2007

AmeriBuy Realty Group: a challenge to an ordinary buyer’s broker

"AmeriBuy Realty is changing the way people in Southern California purchase Real Estate."

AmeriBuy Realty’s selling point is a cash rebate of $10,000 to $50,000 or specifically any amount above $4,995 of the 3% buyer’s commission.  If you want a no frills buying broker then it is an option for you (currently limited to buyers in [...]

By Maricel Ferrer-Custodio -- 0 comments

April 16th, 2007

Lease Option: an alternative means to sell a property on a tough market

Property is often a secure investment, but like all investment; it is not 100% guaranteed to give a good return and is not totally risk free.
The challenge to any property investor often comes when they are trying to sell their property investment.  If it is a good property then you can easily turn your [...]

By Maricel Ferrer-Custodio -- 0 comments

April 3rd, 2007

10 Things to Avoid when Selling your Home

Maureen Francis of miOakland County wrote an excellent list of things to avoid when selling your home.  In a buyer’s market competing sellers needs to be realistic and cooperative to both agents and buyers to facilitate the sale of their home.  The list outlines simple but effective recommendations to help sell your home.
1) Try [...]

By Maricel Ferrer-Custodio -- 0 comments

April 2nd, 2007

Things You Can Do to Avoid Foreclosure

Foreclosure is getting more common in the property market.  It was even more felt with the fall of subprime mortgage lenders such as New Century; which recently filed for bankruptcy.
Lenders foreclose properties as a last resort, since they generally don’t make money by taking over a delinquent owner’s property.

"It’s not about the property, it’s about [...]

By Maricel Ferrer-Custodio -- 5 comments