| |
| |
|
Real Estate Information |
|
|
18 Easy Steps to Buy a Bargain House
What is a "distressed" property? What is "bargain" real estate? A distressed property is one with a distressed seller. Job loss or transfer, divorce, death, pending foreclosure, and lack of money cause sellers to sell fast for less. Discovering the seller's problem and finding a solution is the key to buying a bargain property. A distressed property may also be a "doghouse," a dump, or a fixer. Owners of "doghouses" are not always distressed sellers. 18 Easy Steps to Buy a Bargain House 1. Get good advice from successful investors. Ask friends and real estate agents for referrals to investors. 2. Create your personal "Investment Journal," like Doghouse to Dollars Workbook: Turn Yucks into Bucks Investor's Guide. 3. Define investment goals: Do you want to buy a home to live in, to fix and sell, or to hold for your future? 4. Get credit reports & scores. Create a file for each credit reporting agency. Take care of any credit issues. 5. Read Real Estate investing books and articles. Attend workshops and seminars. Avoid out of date infomercials on TV. 6. Get good advice from lenders. Choose a lender with great service, good closing record, and fair costs. Arrange financing. 7. Define your target locations: Is your desired property near home or job, vacation or second home? 8. Learn your target market. Study real estate newspaper sections. Pick up homes for sale flyers. Watch sales and note prices, amenities, and conditions. Follow HUD sales in your area. 9. Interview Real Estate agents and learn from them. Do not sign any agreements with agents limiting your search for bargain property. (These contracts make you pay the agent a commission even if you purchase by owner.) 10. Use agents who know local market customs and guarantee to make many offers for you. 11. Find a good escrow officer for buying "for sale by owners." 12. Study home remodeling, design magazines and books. Learn the costs of materials, supplies, and trades. Visit home improvement warehouses. Note costs of building materials. 13. Be ready to know a bargain property when you see it. 14. Make many offers. Bid on HUD repos. 15. Buy only bargain property. Get great terms or concessions from seller. 16. Plan house transformation during escrow. This speeds your work time -- saving you money in holding expenses. 17. Monitor real estate escrow closing. Do not jeopardize your financing by charging up credit cards or making unnecessary purchases. 18. Celebrate buying your "doghouse" with an open house! (c) Copyright 2004, Jeanette J. Fisher. All rights reserved. Professor Jeanette Fisher, author of Doghouse to Dollhouse for Dollars, Joy to the Home, and other books teaches Real Estate Investing and Design Psychology. For more articles, tips, reports, newsletters, and sales flyer template, see http://www.doghousetodollhousefordollars.com/pages/5/index.htm
MORE RESOURCES: US court rejects Mamdani's attempt to block real-estate deal involving Israeli-owned company The Jerusalem Post 2026 Real Estate Opportunity ‘Compelling': Hochfelder Bloomberg.com Nantucket's 10 Highest Real Estate Sales Of 2025 Nantucket Current Opinion | How Mamdani and Cea Weaver Plan to End Private Housing The Wall Street Journal K-Cup billionaire sells Palm Beach waterfront mansion for just over $66M after steep price cut Fox Business Trump housing proposals don’t address biggest challenge RealEstateNews.com Real Estate: December 2025 Coronado market update Coronado Times What retail real estate will look like in 2026 Retail Brew CALV Presents Jan. 29 Classes for Local Real Estate Pros Nevada Business Magazine Real Estate Transactions from Dec. 29 to Jan. 2 Newport This Week Household Real Estate Asset Values Fall in the Third Quarter Eye On Housing Tampa real estate market enters a more selective phase Tampa Bay Business & Wealth MCB Real Estate acquires Texas real estate firm Maryland Daily Record Real estate's AI success depends on people not technology The World Economic Forum SERHANT appoints CTO; Florida Realtors, LIBOR install presidents RealEstateNews.com Former Fed chairs slam ‘attacks’ on Jerome Powell RealEstateNews.com Trends 2026: How integrated services could reshape the industry RealEstateNews.com The Portal-War Endgames That Real Estate Agents Actually Want: Intel Inman Real Estate News New “All the Walls Came Down” Film Shows CA Housing Crisis as Real Estate “Vultures” Buy Up Land Democracy Now! Why your data strategy matters more than your tech stack RealEstateNews.com DOWNLOAD: Private real estate fundraising rebounds in 2025 Private Equity Real Estate | PERE Podcast - The One Big Beautiful Bill Act and What It Means for the Real Estate Industry Holland & Knight Washington Realtors push bill regulating private listings Inman Real Estate News Real estate transfers Findlay News | The Courier Property Perspectives by Sari Delivers Real Estate Tips With a Fun, Digital Twist - NBC Palm Springs AB CarVal grows US real estate platform through partnerships Alternative Credit Investor 35 Years of the SDSU Extension Farm Real Estate Market Survey American Ag Network Singerman Real Estate raises $1 billion for fifth opportunistic fund Alternatives Watch Real Estate Brothers Sex Trafficking Rutland Herald Exclusive | Saks Global’s bankruptcy filing could come Tuesday — but fate of prized real estate up in air New York Post Condo sales ties to alleged $100 million Bay Area real estate fraud might not be enough to repay victims The Mercury News Transtar Acquires M&W Business Park in North Fort Worth Fort Worth Inc. See inside this Falmouth home on Oakwood Avenue Cape Cod Times Goodman Real Estate Aligns Leadership to Support the Next Phase of Sustainable Growth & Capital Expansion PR Newswire Germany-focused real estate lending platform launches Alternative Credit Investor Lawmakers plan new proposals for property tax reductions Gulfshore Business Data centers account for nearly a third of global real estate investment in 2025 - report Data Center Dynamics Real Estate: John M. Lee Richmond Review/Sunset Beacon Amy Philpott at @properties Christie's International Real Estate Crain's Chicago Business Longtime Loop Alliance CEO to step down Crain's Chicago Business East Cobb Real Estate: Stone Creek tri-level sells for $652K East Cobb News Exclusive | New York State to Loosen Environmental Rules to Speed Up Homebuilding The Wall Street Journal Norfolk County Real Estate Activity Rises in December Franklin Observer Real Estate: John M. Lee Richmond Review/Sunset Beacon A Leasing Officer Prefers to Rent in New Jersey The New York Times Vija Williams named chief growth officer of Realty.com Inman Real Estate News Veteran NJ real estate figure and former Livingston mayor tapped for third governor transition team New Jersey Hills Media Group Compass acquires Anywhere Real Estate, creating $10B enterprise - San Francisco Business Times The Business Journals Crescent Real Estate raises another big war chest The Business Journals Cohen & Steers Appoints Diana Shieh to Lead Private Real Estate Operations and Asset Management citybiz Real Estate Transfers: January 12, 2026 The Owensboro Times Sentinel Real Estate Launches UK Living Platform With Appointment of Ben Sanderson as Managing Director Business Wire Compass Acquires Top Rival, Creating World’s Largest Brokerage The New York Times Newly built Las Vegas apartment complex sells for almost $80M Las Vegas Review-Journal Ashurst Hires First Real Estate Partner for Middle East Team Bloomberg Law News Cohen & Steers (CNS) Valuation Check After New Private Real Estate Leadership Appointment simplywall.st Milwaukee developer plans 100 rentals in Pleasant Prairie Finance & Commerce The Future of Real Estate Investment on Solana’s Blockchain The Daily Progress Investors grab Phoenix-area medical buildings as health care sector gains momentum The Business Journals Antique three-family in Fall River sells for $800K: Weekly home sales Fall River Herald News Americans are changing where they're moving. Here's how that could affect commercial real estate CNBC These CT towns, cities were the hottest real estate markets in 2025, Berkshire Hathaway data shows CT Insider Property transfers in northern Rhode Island | Real Estate The Valley Breeze |
|
|
|
RELATED ARTICLES
Realtors: Forget Your Address? It's a large real estate agency, and the company depends on a steady stream of leads. The website is classy, with delightful graphic elements and layout. Conversation & The Real Estate Investor One key that makes investors is conversation or should I say "The Art Of Conversation".All successful investors are skilled in conversation and I'm not talking about the investors that does 10, 20 or even 30 deal a year! I'm talking about the "BTO" Big Time Operator; The Big Dog's slamming down 100 or more deals every year. You Wanna Get High With Me? Being a home inspector is great. It's fun, it's interesting, and I get to meet wonderful people. Searching For Maui Beachfront Houses? Who wouldn't want to move into a Maui beachfront house?From the custom architectural jobs done on many Maui homes,to the beautiful beaches and other natural attractions inMaui, you're bound to find something you will love aboutMaui beachfront houses. However, like any home buyingprocess, you'll need to make sure several things are inorder before you make your move into your new Mauibeachfront house. Real Estate Local FAQs. There are many frequently asked questions and any local real estate area. In our area here at the local Delaware Beaches, the most frequently asked questions are how to get a good deal and if there are any fixer-uppers available. New Homes in Ridgefield Location:Frequent travelers will absolutely delight in this town! As part of the southwest section of Connecticut, Ridgefield is a convenient town to live in since it is only miles away from both the New Jersey Tri-state area and New York City. It is also close to its neighbor, Danbury, and has a steady population that continues to grow. Boston Real Estate - You Still Have Considerable Control Over the Sale of Your Boston Home Boston real estate is a hot topic. Daily newspaper articles comment on whether or not a bubble exists in the Boston real estate market, when and if it will pop, how interest rates affect the market, why Boston residents are snapping up interest-only loans, and how foreign investors in our treasuries keep interest rates low. How to Own a Dream Home in Spain Every year hundreds of thousands of foreign visitors travel to Spain to delight in the fantastic weather, stunning natural landscapes, excellent entertainment options and superb Mediterranean beaches. Many of these people dream of one day owning their own property in Spain, in fact Spain is now one of the most desirable second home and retirement destinations in the world. Where is the Sophisticated Property Investor Putting his Money? The Traditional FavouritesOver the last five to ten years, UK investors buying property abroad have generally stuck to the traditional favourites Spain, France and Italy. With prices a fraction of those in the UK and a guarantee of more sunshine, these markets offered plenty of scope for capital appreciation, rental return and holiday home use. Escalation Clauses - A Home Buyers Secret Weapon Today we discuss escalation clauses because much of the country is experiencing an extreme "sellers' market." By that, I mean there are more buyers than there are sellers, and that results in sellers' getting more than one offer to buy their property. Selling by Owner = Saving by Owner? According to the National Association of Realtors, For Sale By Owner (FSBO) home sellers comprised nearly 14% of all home sales in the United States in 2003. The Boston Globe reported that nearly 25% of homes sold in that area during that same time period were FSBOs. Reinventing Real Estate, Part 1: Online and Empowered Consumers Are Taking Charge and Paying Less For decades, the real estate world turned in a predictable manner. The roles of buyers, sellers and real estate professionals were fairly well defined and transactions followed a predictable path of yard signs, newspaper ads, open houses and miles of paperwork. Investing in Residential Real Estate: Achieving Positive Cash Flow When investing in real estate, it is highly desirable to achieve positive cash flow on a month-to-month basis. This is true even if you are counting on property value appreciation to supply the bulk of your desired return on investment. Dubai or not to Buy? A Short Assessment of the Dubai Property Market Never has there been such an ambitious and creative drive to establish a property market as has been witnessed in Dubai over the past three years. Running short on oil reserves, Dubai's crown prince, Sheikh Mohammed Al Marktoum, set out to turn Dubai into the financial, commercial and tourism capital of the Middle East and in the space of three years he has more than succeeded. Real Estate for Beginners: Residential Property Taxes Whenever you own a piece of land, you will be taxed for it. Whether it is commercial property or residential property, there is still a tax to pay, whether it is for a village, town, city, county, or state. Home Selling: How To Set The Right Asking Price Many homes remain unsold for a long time because they're over-priced. Pricing your home right is essential if you want to sell your home in quick time. 5 Secrets for Surviving a Real Estate Market Downturn History repeatedly serves to show us that the real estate market is cyclical. It has boom times and stagnant times, occasionally it suffers a crash but real estate never becomes worthless, therefore if the experts are right and we're about to suffer a slow to stagnant period in the real estate market, all is not lost!There are 5 fundamental secrets that real estate investors like to keep close to their chest and they are the secrets that enable them to survive and even profit during a bear market. Buying Property in Portugal Portugal has long been a popular choice for people, particularly from the colder climates of Northern Europe, looking to purchase a holiday home or a retirement home. Traditionally they have done so using offshore companies, mainly to avoid estate taxes. What is Tax-Deferred Exchange? Under Section 1031 of the Internal Revenue Code, owners of real estate held for investment or use in a trade or business can swap their property tax-free for "like-kind" real estate.Exchanges are made for people wanting to stay invested in real estate, increase their leverage and to avoid paying hefty taxes upon the sale of property. Lake Property in Danbury A lakeside vacation or second home can be a quiet and relaxing place to escape to, or simply a good investment in your financial future. Whether you enjoy the outdoor activities and recreation provided by one of Connecticut's beautiful lakes, or you just want a place to get away from it all, there is a lakeside home for you in Danbury.
|
| home | site map |
| © 2006 TIGER MEDIA |