Posted on May 28, 2008 by schmitty066
Each and every buyer strives to get the absolute best value for their dollar. Buyers that have purchased at auction will typically testify that they believe this is the best method of getting that value.
The benefits to the Buyer of the "auction" sales method include:
-Buyer knows the seller is committed to selling the property.
-Buyer has [...]
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Posted on May 28, 2008 by schmitty066
Today's real estate market is extremely cluttered. Due to market conditions, property inventories are extremely high at all price points. Thus, it is becoming harder and harder for a seller to garner attention for a property utilizing the traditional "listing" method for real estate sales.
The "accelerated" marketing, or "auction" method, allows the seller to rise [...]
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Posted on May 28, 2008 by schmitty066
The population of Green Bay was estimated by the Census Bureau to be 100,353 residents on July 1, 2006. Surprisingly, to many that estimate showed a decrease of an average 0.3 percent per year since the 2000 Census.
According to the 2000 Census, Green Bay's population was 102,313 residents. That was an increase by 6.1 percent [...]
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Posted on May 21, 2008 by schmitty066
When determining the best strategy for purchasing or selling a home or investment property, buyers and sellers today are barraged with a high level of negative sentiment from the media and ill-informed sources that could convince you that the sky is falling and the end of the world is near. However, like any argument [...]
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Posted on May 20, 2008 by schmitty066
When dealing with investment property one will hear the term cap rate often. Cap is an abbreviated version of capitalization, which is a way of determining the rate of return on an investment property. In order to calculate the cap rate one must know the price of the property and the net operating [...]
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Posted on May 15, 2008 by schmitty066
Below are multi-family unit sales in Northeast Wisconsin. One can see a substantial decline from 2006 through 2008. Unit sales in March of 2006 (63) were nearly double those of March of 2007 (32).
2006 % of change 2007 % of change 2008 % of change
37 -21.3% 31 -16.2% 30 -3.2%
43 7.5% 39 -9.3% 20 -48.7%
63 -11.3% 47 -25.4% 32 -31.9%
43 -38.6% 52 20.9%
45 -44.4% 43 -4.4%
52 [...]
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Posted on May 15, 2008 by schmitty066
Understanding the financials is essential when analyzing investment property. Therefore, knowing the terminology and how it reflects any property you own or plan to own is relevant to your real estate success. One of the most commonly used terms is net operating income which directly influences the value of an investment property.
Net operating [...]
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Posted on May 2, 2008 by schmitty066
You can only get a single opportunity to make a good initial impression. A good first impression is crucial in real estate selling. To understand this better you can begin by standing across the street from your house and take a good look at your home. Try to put yourself in the shoes of a [...]
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Posted on May 2, 2008 by schmitty066
You have made that all-important decision to buy a house. Your dream is finally close to becoming a reality. Once the decision is made, the real work begins. It is imperative to get your finances in order.
Pay Down Your Debt
When you begin the process of looking for a lender, you will find that most want [...]
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Posted on May 1, 2008 by schmitty066
As a real estate investor, you must be aware that each and every dollar that you have working for you in an investment is making you money, and, conversely, every dollar that isn’t working for you represents a lost opportunity to further compound your profits. So, when the time comes to put your property up [...]
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