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Articles by August, 2012
The Differences Between Lenders and How They Affect Mortgage Rates
by Guest on Aug 1, 2012 • Buying • 464 Views
A first-time home-buyer can be confused by the loan process With many types of loans and lenders who make commissions in differing ways, it can be daunting choosing the right provider for a home loan
How to Uncover Hidden Income Property Deals
by Guest on Aug 3, 2012 • Construction • 468 Views
There are many non-traditional ways of finding investment properties The MLS is not the only place you can find houses to buy
Will the Real Estate Market Be Affected by the National Deficit?
by Guest on Aug 8, 2012 • General Property • 2141 Views
We’ve all heard about the national debt and it’s a serious issue that has the potential to affect every industry in the nation and that includes the housing and mortgage market As we all know, the housing market has been through a lot lately with a high number of foreclosure and rapidly declining home values
Ample Real Estate Marketing is Vital For Selling Success
by Guest on Aug 14, 2012 • General Property • 2351 Views
Assembling a real estate marketing program is a vital element for bringing in prospective buyers It's almost impossible for buyers to locate homes for sale without some form of advertising
Controlled Markets
by Guest on Aug 15, 2012 • Property Appraisal • 2230 Views
As appraisers we often begin assignments by making assumptions. One of the assumptions that we often make is that the property that we are appraising and the comparable sales that we select are or will be bought and sold in an open, unrestricted market that is not unduly influenced. Accepting some Las Vegas appraisal assignments can, however, put you in a world or a market that is
controlled. Sales in a controlled, or partially controlled, market can contradict one another.
Real Estate Secured by Deed of Trust is More Vulnerable to Foreclosure
by Guest on Aug 18, 2012 • General Property • 3000 Views
A deed of trust is used to document information pertaining to real estate loans Similar to a mortgage note, deeds record the names of property owners, borrowers, and lenders
Asking Price versus Sales Price
by Guest on Aug 21, 2012 • General Appraisal • 2148 Views
From an appraiser’s perspective, the asking price of a comparable or competitive property may provide some indication of market value, but it is not evidence that anyone was willing to actually purchase the property at that price. Real estate agents constantly point to asking prices as if they were market evidence, and yes, at times it is, but agents often tell their clients when they list a property to push the last, highest pending sale. Owners want the most that they can get. It’s common sense that the next seller up will push the value achieved from the last sale and pending deal. Thus there is a de-facto, built-in, upward asking price bias in most real estate markets.
Commercial Review Appraisals
by Administrator on Aug 21, 2012 • Property Appraisal • 2408 Views
Review appraisers generally act as appraisal consultants, they develop and communicate usually in writting their opinions regarding the quality of another appraiser's work. As most appraisers know, a reviewer looks at the data, reasoning, analyses and conclusions of the appraisal, or other work, and they form an opinion as to the credibility of the conclusion that was reached and the adequacy of the evidence that was provided. Reviews often do not form their own opinion of value through their own independent analysis, it happens but it's not usual.
Ways to Cut Income Property Insurance Costs
by Guest on Aug 27, 2012 • General Property • 2298 Views
Investment properties can be a good source of income even in a less-than-ideal economy A great way to maximize your profit is to keep the cost of owning the property down
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