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	<title>289 Real Estate Site</title>
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		<title>Visiting Dillon in Summit County, Colorado</title>
		<link>http://www.iafflocal289.org/289-real-estate/visiting-dillon-in-summit-county-colorado/</link>
		<comments>http://www.iafflocal289.org/289-real-estate/visiting-dillon-in-summit-county-colorado/#comments</comments>
		<pubDate>Tue, 27 Jul 2010 20:10:03 +0000</pubDate>
		<dc:creator>admin</dc:creator>
				<category><![CDATA[289 Real Estate]]></category>
		<category><![CDATA[Dillon CO real estate]]></category>
		<category><![CDATA[Dillon Colorado real estate]]></category>
		<category><![CDATA[Dillon real estate]]></category>
		<category><![CDATA[real estate Dillon Colorado]]></category>

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		<description><![CDATA[<p>Dillon is a small town located in Summit County, Colorado in the heart of one of the world's most famous ski resorts. It is located on the side of Lake Dillon in the heart of Summit County. The town's location is beautiful and offers visitors an abundance of winter and summer activities. The to...]]></description>
			<content:encoded><![CDATA[<p>Dillon is a small town located in Summit County, Colorado in the heart of one of the world&#8217;s most famous ski resorts. It is located on the side of Lake Dillon in the heart of Summit County. The town&#8217;s location is beautiful and offers visitors an abundance of winter and summer activities. The town&#8217;s population is small, under 1,000, but this figure increases to around 4,000 during the peak winter months.</p>
<p>In the winter Summit County is a winter wonderland. Dillon offers easy and quick access to all of Summit County&#8217;s main ski resorts including Breckenridge, Keystone, Copper Mountain and Arapahoe Basin. There are all types of winter activities available here including skiing and snowboarding, cross country, snowshoeing, snowmobiling, sleigh rides, and ice skating. As a backdrop to these activities you have the breathtaking beauty of the snow-covered Summit County peaks.</p>
<p>In the summer months Dillon offers visitors many activities including hiking, biking, rafting, golf, camping, canoeing, horse riding and all types of water sports including sailing, boating, cruises, and fishing. The sailing activity is centered around the Dillon marina. The marina is home to the popular Tiki Bar which is a popular hangout during the summer months.</p>
<p>There is also the option of more tranquil pastimes such as shopping, visiting galleries, relaxing in the sun, or dining at the many nice restaurants in the area. Dillon has a rich history dating back to the 1800s when it was formed as a trading post. The Summit Historical Society Museum is located in the old Dillon school house and will help you understand the beginning of the town. Many visitors are attracted by the lower priced accommodations during the summer months which makes a visit to the area during the summer a real bargain.</p>
<p>Dillon offers an abundance of resorts, hotels, condominiums and bed and breakfast accommodation situated on the shores of the lake. Whether you are looking for a vacation on your own or with your family there are all types of options. You may also be in the market for purchasing a vacation home. If so there are lot of possibilities in the area.</p>
<p>Dillon in Summit County, Colorado offers all the attractions of a world famous winter destination. It also has something to offer all year round. The winter visitor is guaranteed the finest of winter sport facilities while the summer visitor can enjoy a range of summer activities enjoying accommodation and facilities at a bargain price. Regardless of when you visit Dillon, in Summit County Colorado you are assured the utmost in fun and value.</p>
<p>Copyright 2006 Peter Hayes</p>
<p>The Kelli Sells Team is the top real estate firm in Breckenridge and Summit County. For more information visit http://www.kellisells.com.</p>

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		<item>
		<title>What to Expect When You Buy or Sell a House</title>
		<link>http://www.iafflocal289.org/289-real-estate/what-to-expect-when-you-buy-or-sell-a-house/</link>
		<comments>http://www.iafflocal289.org/289-real-estate/what-to-expect-when-you-buy-or-sell-a-house/#comments</comments>
		<pubDate>Sat, 10 Jul 2010 15:09:01 +0000</pubDate>
		<dc:creator>admin</dc:creator>
				<category><![CDATA[289 Real Estate]]></category>
		<category><![CDATA[buyer]]></category>
		<category><![CDATA[closing]]></category>
		<category><![CDATA[Home]]></category>
		<category><![CDATA[House]]></category>
		<category><![CDATA[Real Estate]]></category>
		<category><![CDATA[seller]]></category>

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		<description><![CDATA[<p>A residential real estate closing is quite often a time of great expectation and also a time of great anxiety. You can be assured that an experienced real estate attorney will exercise her years of knowledge and experience to make the process as smooth and stress free as possible for her clients....]]></description>
			<content:encoded><![CDATA[<p>A residential real estate closing is quite often a time of great expectation and also a time of great anxiety. You can be assured that an experienced real estate attorney will exercise her years of knowledge and experience to make the process as smooth and stress free as possible for her clients. Whether representing a seller or buyer, she ensures that the transaction moves as expeditiously as possible from start to finish. The purchase or sale of a home generally begins with the drafting and negotiation of the Contract of Sale. This may be done before the attorneys are involved in the transaction. The Contract of Sale is of great significance to both the buyer and the seller. For the seller, the price, closing date, mortgage commitment date, and inspection contingencies are of vital importance. For the buyer, in addition to these issues, the financing terms and the scope of the inspection contingencies are important. After the Contracts are signed, they are permitted to be reviewed by the buyer&#8217;s and sellers&#8217; attorney during the 3-day Attorney Review Period. A buyer or seller should always make sure that an attorney reviews the Contract of Sale. During this time, the attorneys can make changes or even disapprove a Contract, allowing either party to walk away from the deal. Once the attorneys (in consultation with their clients) agree on any and all changes, the Attorney Review Period is ended and the Contract is now binding on both sides.</p>
<p>Once the terms of the Contract of Sale are agreed upon, the balance of the deposit is paid. The deposit should be held in escrow by the seller&#8217;s attorney and it is released at the time of closing.</p>
<p>At this point, the buyer starts looking for a mortgage loan and calls in a home inspector to inspect the house. The dates by which these activities must be done is set forth in the Contract of Sale. A thorough inspection enables the buyer to ensure that the condition of the property can be ascertained and any defects or deficiencies can be appropriately identified and addressed. After the inspections are completed, both the buyer and seller must explore the options available to them. Depending upon the magnitude of any defects in the house, the buyer may elect to terminate the transaction, may seek a credit from the seller to enable the buyer to perform the repairs or may propose that the seller perform the repairs prior to the closing. In response, the seller may offer a credit to the buyer, may agree to perform some or all of the repairs identified by the buyer, or may indicate that it will not do anything. The negotiation of these issues is completed through the attorneys. To protect the client&#8217;s interests, the negotiations must be tailored to accomplish the client&#8217;s particular goals in the transaction. Your real estate attorney knows how to best protect her clients&#8217; interests. She is familiar with current trends and has readily available the most current laws and regulations which govern real estate transactions and land use.</p>
<p>The terms of the mortgage commitment should be carefully reviewed by your lawyer to ensure they satisfy the provisions of the Contract of Sale. Once the mortgage commitment is obtained, the date, place and time for the closing is agreed upon by the parties.</p>
<p>The seller typically signs all of the documents before the closing and may not be not present at the closing. At the closing, the buyer and seller must be assured that all of the obligations described in the Contract of Sale have been fulfilled. In addition, items such as real estate taxes must be adjusted between the buyer and the seller. The buyer&#8217;s counsel typically acts as the settlement agent and prepares the HUD-1 settlement statement which itemizes the closing costs, the payoff of the existing mortgage, the expenses of the seller and buyer, and the adjustments between them. The buyer&#8217;s attorney also supervises the signing of the new mortgage documents. The seller&#8217;s attorney delivers a Deed and Affidavit of Title to the buyer&#8217;s attorney. The Deed and new mortgage must be recorded by the buyer&#8217;s attorney at the County Clerk&#8217;s Office after the closing. When the seller&#8217;s and buyer&#8217;s attorneys agree that all of the conditions of the Contract of Sale have been met, including repairs and clear title, the realtor delivers the keys to the property to the buyer and the buyer&#8217;s attorney distributes the checks to the seller, the realtors, the seller&#8217;s mortgage lender and any other payments that must be made at the closing. At that point, the closing has been completed.</p>
<p>The purchase of a home is usually the single most important investment that a person makes. By retaining an experienced real estate attorney at the beginning of the process, the buyer or seller can minimize the chance for any error and ensure a smooth and orderly transfer.</p>
<p>Robin M. Gronsky has been practicing law since 1982. She is admitted to practice in New York, New Jersey and Florida.</p>
<p>As a former general counsel of a national mortgage lender, Ms. Gronsky is experienced in corporate matters, mortgage licensing on a nationwide basis, and all facets of residential real estate transactions.</p>
<p>Ms. Gronsky&#8217;s practice is geared to maintain personal contact with her clients and develop a close-working professional relationship over a long period of time. This helps assure that her clients&#8217; work will be performed by the lawyer they have chosen.</p>
<p>Ms. Gronsky received her J.D. from the Boston University School of Law.</p>

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		<item>
		<title>Tips For Home Buying</title>
		<link>http://www.iafflocal289.org/289-real-estate/tips-for-home-buying/</link>
		<comments>http://www.iafflocal289.org/289-real-estate/tips-for-home-buying/#comments</comments>
		<pubDate>Wed, 23 Jun 2010 20:18:01 +0000</pubDate>
		<dc:creator>admin</dc:creator>
				<category><![CDATA[289 Real Estate]]></category>
		<category><![CDATA[buying real estate]]></category>
		<category><![CDATA[Home buying]]></category>

		<guid isPermaLink="false">http://www.iafflocal289.org/289-real-estate/tips-for-home-buying/</guid>
		<description><![CDATA[<p>There are some defined steps in the home buying process. Buying a home can be stressful and challenging, but by following these defined steps a person can reduce the stress and frustration. Each steps ensures the person is doing everything they can to ensure the home buying process goes smoothly....]]></description>
			<content:encoded><![CDATA[<p>There are some defined steps in the home buying process. Buying a home can be stressful and challenging, but by following these defined steps a person can reduce the stress and frustration. Each steps ensures the person is doing everything they can to ensure the home buying process goes smoothly. These steps are the basics, so it is always smart for a potential home buyer to seek help from an expert in the field. The following outlines the steps to take in the home buying process.</p>
<p>1. Learn about the home buying process. The first thing a person should do is not jump into buying a home, but to learn about everything involved. They should learn about the paperwork, the legalities and about the process in general. By the time this first step is complete the person should have a good understanding about the rest of the process. This is a good time to talk with a professional, but it is important no to jump into any contracts with agents who may want to act on your behalf. This step is solely for gathering information.</p>
<p>2. Look for a potential neighborhood. A person should now begin looking at neighborhoods they would like to live in. This will give a person the basis for finding the type of home they are looking for. It will give them an idea of buying prices, as well.</p>
<p>3. Get pre-approved. Getting pre-approved for a home loan will benefit the potential home owner. A person that is pre-approved knows how much they can be financed for and can narrow down their search. It will also give them buying power. Someone selling their home will be impressed by someone who knows they can definitely buy the house. It greatly increasing the chance that any reasonable offer the person makes will be accepted.</p>
<p>4. Look at specific house. This is the part of the process that, if a person wants to work with a real estate agent, they would secure one. It is now time to look at houses. When looking at houses a person should check out all aspects. They should try picturing themselves living there. Check for anything about the house that they could not live with. It is important to consider the fact that once a person buys a home they are usually there for years. It is also important to shop around and not give an offer too soon.</p>
<p>After this point the only thing left to do is make an offer and buy a house. Potential home buyers can ease the process by following these four steps.</p>
<p>About the author: Stephen Kreutzer is a freelance publisher based in Cupertino, California. He publishes articles and reports in various ezines and provides home buying resources on Just Home Buying!</p>

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		<title>What is PreConstruction Property Investing Florida is Exploding!</title>
		<link>http://www.iafflocal289.org/289-real-estate/what-is-preconstruction-property-investing-florida-is-exploding/</link>
		<comments>http://www.iafflocal289.org/289-real-estate/what-is-preconstruction-property-investing-florida-is-exploding/#comments</comments>
		<pubDate>Fri, 16 Apr 2010 09:06:01 +0000</pubDate>
		<dc:creator>admin</dc:creator>
				<category><![CDATA[289 Real Estate]]></category>
		<category><![CDATA[florida real estate]]></category>
		<category><![CDATA[investment homes]]></category>
		<category><![CDATA[preconstruction]]></category>
		<category><![CDATA[preconstruction investors]]></category>

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		<description><![CDATA[<p>Simply put: The most Profitable way to Invest in Real Estate!</p><p>-Investing Leverage (small down payment no mortgage payments until completion)</p><p>-Built in equity from ground zero. (Buy at a discount - lock in a equity profit when you purchase)</p><p>-Appreciation works in your favor. (12 ...]]></description>
			<content:encoded><![CDATA[<p>Simply put: The most Profitable way to Invest in Real Estate!</p>
<p>-Investing Leverage (small down payment no mortgage payments until completion)</p>
<p>-Built in equity from ground zero. (Buy at a discount &#8211; lock in a equity profit when you purchase)</p>
<p>-Appreciation works in your favor. (12 month build out period)</p>
<p>-Lock in today&#8217;s prices for future delivery of completed product.</p>
<p>-Less Risk than traditional real estate investing.</p>
<p>Superior Product</p>
<p>-Ease of the purchase process. (Turn-Key for investors</p>
<p>-Multiple Investment Opportunities)</p>
<p>-Ability to customize for resale potential. (paint, flooring, amenities, bathrooms &#038; lighting)</p>
<p>-Modern designs. (energy efficient, desirable floor plans, kitchens, bathrooms &#038; new applicances)</p>
<p>-New Property-no mainteance / repair costs. (Builders warranty on new home &#038; Manufactures warranty on appliances)</p>
<p>Superior Exit Strategy</p>
<p>-You can market your new home prior to completion. (Have buyer waiting to purchase prior to completion)</p>
<p>-Ease of Resale. (large pool of potential buyers for completed new homes)</p>
<p>-Ease of Rentals. (large demand of potential renters for new homes)</p>
<p>Preconstruction Real Estate Investments</p>
<p>The preconstruction real estate investment process is an opportunity that allows investors to purchase the finished properties of tomorrow at today&#8217;s lower (preconstruction) prices.</p>
<p>While this relatively new program provides an excellent opportunity for all the parties involved (investors, builders &#038; developers), the biggest advantage falls to the investor who gains the chance to buy their pre construction home at a discounted price, without being required to invest a large amount of out of pocket money. Most preconstruction investment programs require an initial investment as low as 5% of the total costs of the home. As the buyer (investor), the pre construction opportunity allows for a limited investment, while receiving substantial discounts over the future price of the finished home.</p>
<p>Pre construction investment programs benefit the project developer by allowing them to presale the entire development property before any construction begins, allowing them to obtain the lending for the project with relative ease. To begin the process, the property developer puts out for pre sale the building plans for the proposed development.</p>
<p>At the time of this presale, the buyer does not see the finished product (which is where we get the term &#8220;preconstruction&#8221; investment), only the floor plans for the future homes. Because of the buyers willingness to invest without seeing the finished product and the fact that they are helping the developer achieve the required percentage of pre sold units for construction financing, the prices for these homes are usually at a significant discount below the proposed price of the finished unit.</p>
<p>Once the investor has selected their floor plan and the lot location, the next step is placing the reservation. As previously stated, most preconstruction properties have a very reasonable reservation amount; at contract or at the beginning of construction normally between 5 and 10% (with some programs hitting up to 20%) of the total cost for the home, plus closing from 3 to 4%. An example of this low out of pocket investment amount can be found with the current preconstruction program being offered ( BuyPreConstructionToday.com ), which requires an investment of only $5,675.00 complete out-of-pocket for a $240.000.00 new home. That is an excellent use of leverage with only 2% all in.</p>
<p>After the proper paper work has been completed and funding has been finalized, the next step is the construction phase. This phase will normally last anywhere from 6 months to 2 years depending on the type of project, with single family homes typically taking only 8 to 12 months. During the building process, there may be several increases in the value of your home. At completion, you can sell your home and harvest the built up equity &#8211; appreciation or rent it out for cash flow. For those who plan to sell, it can be marketed 3 months prior to completion.</p>
<p>Doug Lasley (Broker-Associate)<br />
 BuyVacationCondos &#8211; LANDDepo<br />
 Call 407-876-5771</p>
<p>info@BuyVacationCondos.com</p>
<p>http://www.buyvacationcondos.com/Florida_PreConstruction_Homes</p>

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		<item>
		<title>Home Sellers &#8211; Surviving the Home Inspector</title>
		<link>http://www.iafflocal289.org/289-real-estate/home-sellers-surviving-the-home-inspector/</link>
		<comments>http://www.iafflocal289.org/289-real-estate/home-sellers-surviving-the-home-inspector/#comments</comments>
		<pubDate>Tue, 30 Mar 2010 12:16:01 +0000</pubDate>
		<dc:creator>admin</dc:creator>
				<category><![CDATA[289 Real Estate]]></category>
		<category><![CDATA[Bill Carey Realtor]]></category>
		<category><![CDATA[FSBO]]></category>
		<category><![CDATA[home for sale]]></category>
		<category><![CDATA[home sale]]></category>
		<category><![CDATA[house for sale]]></category>
		<category><![CDATA[real estate for sale]]></category>
		<category><![CDATA[real estate sale]]></category>

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		<description><![CDATA[<p>In today's world of home buying and selling the home inspector can ruin the sellers' day with stoke of his pen or a keystroke on his notebook computer. It doesn't have to be that way home sellers have plenty of time to be ready for the buyer, buyer's agent and any home inspector. Below are so...]]></description>
			<content:encoded><![CDATA[<p>In today&#8217;s world of home buying and selling the home inspector can ruin the sellers&#8217; day with stoke of his pen or a keystroke on his notebook computer. It doesn&#8217;t have to be that way home sellers have plenty of time to be ready for the buyer, buyer&#8217;s agent and any home inspector. Below are some quick items to have your home ready.</p>
<p><b></b><i>Be way out in front of the curve, hire your own inspector</i> and complete the repairs before placing your home on the market. A good real estate agent will suggest that you hire an inspector on any home that at first glance says I need help. You could spend $200 to $500 but getting to it first may help you make a sale and get you a higher price.</p>
<p><b></b><i>Don&#8217;t cover anything up, don&#8217;t hide problems.</i> They will be found if not by the inspector then when the buyers&#8217; final walk through before closing after you&#8217;ve moved all your furniture out. How would you like to move back in or spend 2 weeks in a hotel while the repairs are being completed so you can close and move to your next house, if that deal didn&#8217;t already fall apart?</p>
<p><b></b><i>Basement problems, wet walls or floor?</i> Most times covered by stacks of boxes or other things stored away, inspectors don&#8217;t move things they only check where they have access. The point is this will come back and bite you, basement problems are sometimes a very easy fix clean and repair gutters regrade around foundation so water moves away, a leaking hose bibb (outside faucet).</p>
<p><b></b><i>Painting and touch ups should be done inside and outside</i> a clean fresh look will give everyone confidence in the rest of the property. Painting the front door and entry is the best place to start. Hallways and corners always show a lot of use.</p>
<p><b></b>Cleaning interior and exterior <i>get rid of all the junk you plan on tossing anyway.</i> Too much stuff in the house may be cause to question what&#8217;s behind it or underneath of it. Wash off any mold or mildew from your siding and roof.</p>
<p><b></b>Landscaping trim all shrubs around the foundation, tall shrubs cause moisture to stay on walls and foundations a good place for termites and wood rot. <i>Shrubs also hide your house what else are you hiding?</i> This can cause a lot of questions from a home inspector and pest control inspectors they both know they usually find something here.</p>
<p>Each of these can help you make your sale. Home inspectors are not the enemy remember your buyers agent will suggest that you hire an inspector for your purchase.</p>
<p>Bill Carey with over 30 years in real estate sales, investments, and home building offers a unique perspective to the buying and selling process of residential real estate for F*R*E*E consumer information and reports log on to http://www.CharlotteNCExecutiveHomes.com and see<br />
 &#8220;Insider Real Estate Secrets Revealed&#8221;<br />
 &#8230;a must-read for Home-Owners and Renters!<br />
 It&#8217;s a F*R*E*E 12-lesson e-course covering more than 20 topics exposing the realities behind buying and selling a home.<br />
 It Could Make(or Save) You Thousands of Dollars</p>
<p>See http://www.BillCareyRealtor.com and sign up for our monthly e-newsletter with tips for buyers, sellers, home owners and soon to be home owners.</p>
<p>(Your Comments are Welcome)</p>

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		<item>
		<title>Home Buying Tip 7 Key Questions to Ask a Home Inspector</title>
		<link>http://www.iafflocal289.org/289-real-estate/home-buying-tip-7-key-questions-to-ask-a-home-inspector/</link>
		<comments>http://www.iafflocal289.org/289-real-estate/home-buying-tip-7-key-questions-to-ask-a-home-inspector/#comments</comments>
		<pubDate>Thu, 21 Jan 2010 22:21:00 +0000</pubDate>
		<dc:creator>admin</dc:creator>
				<category><![CDATA[289 Real Estate]]></category>
		<category><![CDATA[buying a home]]></category>
		<category><![CDATA[Home buying]]></category>
		<category><![CDATA[home inspection]]></category>
		<category><![CDATA[Real Estate]]></category>

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		<description><![CDATA[<p><b>This home buying tip will help you ask the right questions when researching home inspectors.</b></p><p>A proper home inspection will give you the comfort of knowing your new home has been checked for breakage, disrepair and other problems.</p><p>But it all starts with choosing a professional h...]]></description>
			<content:encoded><![CDATA[<p><b>This home buying tip will help you ask the right questions when researching home inspectors.</b></p>
<p>A proper home inspection will give you the comfort of knowing your new home has been checked for breakage, disrepair and other problems.</p>
<p>But it all starts with choosing a professional home inspector who can give your home the thorough review it needs. So don&#8217;t be afraid to ask plenty of questions when choosing a home inspector. Here are seven key questions to ask:</p>
<p><b>1. What all do you inspect?</b><br /> <br />
 Different states have different rules for home inspectors. So you need to know up front what your state requires of inspectors, and then you need to make sure the inspector will actually cover those areas. Ask to see a blank copy of their inspection report or checklist. This will show you exactly what the inspector covers. If they have a problem showing you this document, find another home inspector!</p>
<p><b>2. What certifications do you have?</b><br /> <br />
 Like other home-based industries, home inspection has its share of frauds and phonies. It&#8217;s safe to assume they represent the minority, but it still pays to ask about certification. A professional home inspector will be happy to tell you about his certifications.</p>
<p><b>3. Do you specialize in residential or commercial inspections?</b><br /> <br />
 Be sure your inspector specializes in what you want him to do. In this case, make sure they specialize in residential / home inspections (instead of commercial property inspections).</p>
<p><b>4. How long have you been inspecting homes in this area?</b><br /> <br />
 General experience is fine, but regional or local experience gives a home inspector an extra edge. For instance, if an inspector has been working in your area for a long time, they probably know about unique conditions to watch for (radon levels, basement moisture, life expectancy of roofing, etc.).</p>
<p><b>5. How long do your home inspections usually take?</b><br /> <br />
 * Home buying tip &#8212; The average home inspection runs anywhere from two to four hours. If a home inspector tells you they can do it in an hour or less, you might want to dig a little deeper. Anything less than two hours is probably not a thorough inspection.</p>
<p><b>6. How much will the inspection cost?</b><br /> <br />
 * Home buying tip &#8212; Home inspections average between $300 and $500. This will depend on the size of the home and other factors. The cost of a home inspection is nominal when you consider the peace of mind it brings, but you still need to ask about the cost in advance. You don&#8217;t want to be surprised by an outrageously priced inspection after it has been completed.</p>
<p><b>7. Can I attend the inspection?</b><br /> <br />
 A home inspection is a great opportunity to learn about the inner workings of your home. Many home inspectors will let you proceed through the house alongside them. That way, they can educate you about your roof, heating and cooling system, water heater, etc.</p>
<p><b>Conclusion</b><br /> <br />
 This home buying tip will help you choose a professional, qualified home inspector. As a result, you&#8217;ll get a more thorough review of the home before buying it, and you&#8217;ll enjoy more peace of mind!</p>
<p>* Copyright 2006, Brandon Cornett. You may republish this article if you keep the byline and author&#8217;s note, and also leave the hyperlinks active.</p>
<p><b>Learn more!</b><br />
 This home buying tip was brought to you by HomeBuyingInstitute.com, the Internet&#8217;s largest library of home buying advice. Increase your home buying intelligence by visiting: http://www.homebuyinginstitute.com!</p>

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		<title>Flipping Houses is like Being Gay</title>
		<link>http://www.iafflocal289.org/289-real-estate/flipping-houses-is-like-being-gay/</link>
		<comments>http://www.iafflocal289.org/289-real-estate/flipping-houses-is-like-being-gay/#comments</comments>
		<pubDate>Mon, 04 Jan 2010 22:16:00 +0000</pubDate>
		<dc:creator>admin</dc:creator>
				<category><![CDATA[289 Real Estate]]></category>
		<category><![CDATA[investing in real estate]]></category>
		<category><![CDATA[real estate investing]]></category>
		<category><![CDATA[real estate investment]]></category>

		<guid isPermaLink="false">http://www.iafflocal289.org/289-real-estate/flipping-houses-is-like-being-gay/</guid>
		<description><![CDATA[<p>In the 21st century, everyone knows the word "gay" refers to people that are homosexual, but back in the 1950s, the meaning was contested. The alternate definition was "full of joy and mirth."</p><p>Can you imagine the confusion? Tell one group of people that you're "gay" and they'll assu...]]></description>
			<content:encoded><![CDATA[<p>In the 21st century, everyone knows the word &#8220;gay&#8221; refers to people that are homosexual, but back in the 1950s, the meaning was contested. The alternate definition was &#8220;full of joy and mirth.&#8221;</p>
<p>Can you imagine the confusion? Tell one group of people that you&#8217;re &#8220;gay&#8221; and they&#8217;ll assume you&#8217;re happy. Tell another group and they&#8217;ll reach for a cross and a can of gasoline.</p>
<p>Right now, &#8220;flipping houses&#8221; creates the same effect. It has two definitions:</p>
<p>1) The process of *legally* selling a property for a fast profit, sometimes using little or none of your own money</p>
<p>2) The process of *illegally* selling property for an artificially inflated value, often involving a group of criminal appraisers, loan officers, and investors</p>
<p>Do you see the similarity with &#8220;gay?&#8221; One definition is upbeat and accepted, while the other is (currently) unacceptable and downright scary. The majority of the world understands &#8220;flipping&#8221; as an illegal activity, where a small minority are trying to redefine it as a legitimate real estate investment strategy.</p>
<p>The reason: good old Uncle Sam. When the government talks about flipping, they use the second definition. According to the Department of Housing and Urban Development, flipping occurs when:</p>
<p><i>A recently acquired property is resold for a considerable profit with an artificially inflated value</i></p>
<p>Being closely related to the government, attorneys, accountants, and the press are hanging on to that definition. So, the next time you visit them, don&#8217;t be surprised if they &#8220;flip out&#8221; (pun intended) at your strategy.</p>
<p>The exact opposite is true with real estate investors. You can buy a house and then &#8220;flip&#8221; it to another investor for a small but fast profit, allowing you to reinvest your money and repeat the process. You can also assign contracts for a fee (another form of flipping), allowing another buyer to close on the property in your place.</p>
<p>Which definition will win? If &#8220;flipping houses&#8221; follows the etymology of &#8220;gay,&#8221; the more acceptable definition will come out ahead. Who knows? Maybe they&#8217;ll make a movie about it.</p>
<p>Jon Morrow is the owner of Real Estate&#8230; Answered, a web site that answers dozens of questions about flipping houses for free. He also manages over $20 million of real estate investments, focusing on luxury homes and multimillion dollar transactions.</p>

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		<title>The Most Important Aspect of Flipping Houses &#8211; Curb Appeal</title>
		<link>http://www.iafflocal289.org/289-real-estate/the-most-important-aspect-of-flipping-houses-curb-appeal/</link>
		<comments>http://www.iafflocal289.org/289-real-estate/the-most-important-aspect-of-flipping-houses-curb-appeal/#comments</comments>
		<pubDate>Wed, 09 Sep 2009 08:09:05 +0000</pubDate>
		<dc:creator>admin</dc:creator>
				<category><![CDATA[289 Real Estate]]></category>
		<category><![CDATA[buying houses]]></category>
		<category><![CDATA[flipping houses]]></category>
		<category><![CDATA[Real Estate]]></category>
		<category><![CDATA[real estate investment]]></category>
		<category><![CDATA[selling a home]]></category>
		<category><![CDATA[selling houses]]></category>

		<guid isPermaLink="false">http://www.iafflocal289.org/289-real-estate/the-most-important-aspect-of-flipping-houses-curb-appeal/</guid>
		<description><![CDATA[<p>Of course, you've already considered location, so the first step you need to contemplate in purchasing a house for flipping is curb appeal. What does it look like from the street? If people aren't anxious to buy after driving buy, what chance do you have of making a sale? Curb appeal is everyth...]]></description>
			<content:encoded><![CDATA[<p>Of course, you&#8217;ve already considered location, so the first step you need to contemplate in purchasing a house for flipping is curb appeal. What does it look like from the street? If people aren&#8217;t anxious to buy after driving buy, what chance do you have of making a sale? Curb appeal is everything.</p>
<p>Actually, it&#8217;s curb appeal times two. You need to consider what it looks like to you for buying and you need to envision what it&#8217;s going to look like to a prospective home-buyer when you sell.</p>
<p>If the outside of the home doesn&#8217;t captivate you, then no matter what you do to the inside, you face an uphill battle. I&#8217;ve had great houses with great prices . . . and potential buyers barely slowed down as they drove by. You need to believe that with a little work and a little money, you can transform a home from a liability to alluring.</p>
<p>Curb appeal consideration for you:<br />
 <LI>Roof lines even? &#8211; You don&#8217;t want to see a sagging roof, even if it&#8217;s structurally sound. That look could cost you thousands in resale value.</p>
<p><LI>Additions un-cobbled? &#8211; Many times people add on dormers or little additions. If there are additions: do they fit the basic &#8220;look&#8221; of the house? Does the roofing material match? You don&#8217;t want to be changing those. You want the home to look picture perfect.</p>
<p><LI>Garage converted to a family room or bedroom? &#8211; Many times ramblers have original built-in garages converted to extra bedrooms and/or family rooms. The driveway comes up to the house and you can easily see where new siding was added to &#8220;hide&#8221; the conversion. This rarely works. The best I&#8217;ve seen used French Doors into a family or garden room.</p>
<p><LI>House settling? &#8211; If you can see from the street that the house has settled, there is little you can do outside of major foundation work.</p>
<p><LI>Concrete work settled? Cracked? &#8211; Front steps off kilter? Actually, you can build new steps around them. Often you construct a small deck that both hides the old concrete and enhances the new look. This hides unsightly cracks as well (make sure they are repaired first, however (don&#8217;t just cover them up).</p>
<p><LI>Crappy neighbors with crappy homes, crappy landscape and crappy attitudes? &#8211; If you can buy their homes for a good price, consider it. If not, pass it by otherwise you&#8217;ll be trying to show your home while the police stop by next door for an on-location shooting of &#8220;Cops.&#8221;</p>
<p>If you purchase the house, you will start working on the curb appeal as well as general remodeling. You need to capture the hearts of your potential buyers.</p>
<p>Curb appeal for your new buyers:<br />
 <LI>Put up large street address numbers so people can easily locate your home for sale.</p>
<p><LI>Nicely painted &#8211; Fresh paint adds value and says the home is well-cared for.</p>
<p><LI>Landscaping &#8211; Big bushes and trees add instant value. Tie the landscaping together with edging and you have a complete look. If you don&#8217;t know what time of year you will be selling, choose mostly evergreens and then add flowering plants just before you put up your sign.</p>
<p><LI>Charming &#8211; Nothing sells like charm. Don&#8217;t settle for bland. Add color that highlights the home. Got room for an arbor? Is there a small private area that can still be seen from the street? Room for a bench? Does the house have shutters. They don&#8217;t even have to work. They can even have to work. Shutters or &#8220;faux&#8221; shutters can be used to accent the windows and make them appear larger.</p>
<p><LI>Dramatic lighting &#8211; Make sure your address is well lighted. Use dramatic spot lights to show off the landscaping and the private areas. If your house is vacant, choose a nice table by a beautiful window to add an attractive lamp. You want a shade that sends light up and down. You&#8217;re want people to have the feeling that they&#8217;ve come home after being away, and someone left the light on for them.</p>
<p>People view houses when it is convenient to them, this often means after work, at night. Be sure to check out your curb appeal for different times of day and night.</p>
<p>Imagine the house you&#8217;re selling as the perfect home. How would it look, if it were painted as a romantic scene by Thomas Kincade? You would see drama. You would see color. The lighting would pull you into the painting. Create that picture for your curb appeal.</p>
<p>What you want is an image that stays in the mind of potential buyers. They drive by. They call. They look it over. They make their offer. They can&#8217;t wait to move in. They pursue financing. You get your asking price . . . or better. Their dream never waivers. This is their home. All of this is done with curb appeal.</p>
<p>Don Doman is a published author, video producer, and corporate trainer. He owns the business training site Ideas and Training (http://www.ideasandtraining.com), which he says is the home of the no-hassle &#8220;free preview&#8221; for business training videos. Don and his wife Peg at one time owned 33 single family homes, which they purchased, remodeled, and used as income properties before selling them for profit. You can gain from their experiences at Simple Home Repair (http://www.simplehomerepair.com).</p>

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		<title>Ten Tips for a Fast Home Sale</title>
		<link>http://www.iafflocal289.org/289-real-estate/ten-tips-for-a-fast-home-sale/</link>
		<comments>http://www.iafflocal289.org/289-real-estate/ten-tips-for-a-fast-home-sale/#comments</comments>
		<pubDate>Thu, 27 Aug 2009 07:08:04 +0000</pubDate>
		<dc:creator>admin</dc:creator>
				<category><![CDATA[289 Real Estate]]></category>
		<category><![CDATA[FSBO]]></category>
		<category><![CDATA[Home]]></category>
		<category><![CDATA[home sale]]></category>
		<category><![CDATA[House]]></category>
		<category><![CDATA[Real Estate]]></category>
		<category><![CDATA[realtor]]></category>
		<category><![CDATA[seller]]></category>
		<category><![CDATA[selling]]></category>

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		<description><![CDATA[<p>Get ready! With the spring sale season just around the corner, now is the time to get your home ready to put on the market. As a Minnesota Realtor, I have seen many homes go on the market that simply are not ready. This decreases the amount a buyer is willing to pay buy thousands of dollars.</p><...]]></description>
			<content:encoded><![CDATA[<p>Get ready! With the spring sale season just around the corner, now is the time to get your home ready to put on the market. As a Minnesota Realtor, I have seen many homes go on the market that simply are not ready. This decreases the amount a buyer is willing to pay buy thousands of dollars.</p>
<p>These are my 10 ten ideas for sellers to get their homes in top condition for a quick sale.</p>
<p>1. Make the Front Entrance SPARKLE!.</p>
<p>You need to make a great first impression! A coat of paint and a new brass kick plate or doorknocker says &#8220;welcome home&#8221;. Remove any personalized doorknockers or signs from the front of the home. Remember to trim bushes and shrubs and keep walkways clear. A blooming plant or festive wreath is a nice touch.</p>
<p>2. Organize the Kitchen.</p>
<p>Kitchens sell homesmake yours appear more large and inviting! Clean off counters and organize cupboards and drawers. Store or pack seldom used appliances and large pans. Consider replacing the counter if it is worn or has an unusual color. Repair or replace leaky kitchen faucets and dated florescent light fixtures.</p>
<p>3. Reduce Clutter Inside and Out.</p>
<p>Sort out E-V-E-R-Y-T-H-I-N-G! Throw away anything you do not need and organize the rest. Too much stuff? Consider an off-site storage facility during the move. Donate unwanted items to a local charity. Campers, boats and old cars should be parked at a different location.</p>
<p>4. Clean.</p>
<p>Your home should be spotless and smell clean too! Remember to give attention to the yard and garage too. Buyers want to see the size of your garage not where you dumped all the stuff from the house. If you have a dog, make certain that the yard has been picked up before every showing and it is completely free of debris.</p>
<p>5. Paint.</p>
<p>Light neutral colors make small rooms appear larger. That cute personalization you painstakingly painted on your child&#8217;s wall is a paint-over project to a new buyer. Do them a favor and paint over before the first showing. Remove dated wallpaper and borders and paint walls. Use premium quality paint and remember to patch holes properly and tape woodwork prior to starting. A sloppy paint job can be more detrimental to your bottom line than no paint job at all.</p>
<p>6. Update Bath.</p>
<p>If cleaning and painting cannot help a dingy bath, consider replacing vanity, counter and sink. Look at the faucets and light fixtures. If they are vintage, consider replacing. Also consider installing new flooring or buy nice plush floor mats to make the bathroom cozy. If the tub is nasty and stained, look into having it resurfaced.</p>
<p>7. Make Minor Repairs.</p>
<p>Tighten knobs, fix leaky faucets, oil squeaking hinges, replace dirty filters, repair cracked windows and holes in screens. If it can be fixed, fix it! Buyers do not pay top dollar for a &#8220;project house&#8221;.</p>
<p>8. Fix Roof Leaks.</p>
<p>One tiny water stain on the ceiling will cause a buyer to question the entire roof. Find and fix the leak at the source. This may be the time to call in an expert. Repair any ceiling damage. Disclose any information on repairs made to potential buyers.</p>
<p>9. Explain a Wet Basement.</p>
<p>Do what you can to make repairs but be prepared to explain all existing and repaired problems to the potential buyers. Never try to cover signs of a wet basement.</p>
<p>10. Exterminate.</p>
<p>Call a professional to get rid of the pests, repair any damage, and allow time for any pesticide smells to dissipate before showing. One bug, dead or alive, can make a bad impression on a buyer. If you have periodic mice, remove the traps and bait before showings. Again, disclose any pest infestations to potential buyers before the sale.</p>
<p>Copyright 2006 Teri Eckholm.</p>
<p>ABOUT THE AUTHOR</p>
<p>Teri Eckholm, Realtor <br />
 Keller Williams Premier Realty<br />
 http://www.terieckholm.com</p>
<p>Teri Eckholm is a native Minnesotan with nearly 20 years of sales and marketing experience. She grew up in a St. Paul suburb and working as a Realtor, she has serviced residents of the Twin Cities metro area for over five years. Teri has assisted hundreds of clients move from across town, across Minnesota and across the United States.</p>

	Tags: <a href="http://www.iafflocal289.org/tag/fsbo/" title="FSBO" rel="tag">FSBO</a>, <a href="http://www.iafflocal289.org/tag/home/" title="Home" rel="tag">Home</a>, <a href="http://www.iafflocal289.org/tag/home-sale/" title="home sale" rel="tag">home sale</a>, <a href="http://www.iafflocal289.org/tag/house/" title="House" rel="tag">House</a>, <a href="http://www.iafflocal289.org/tag/real-estate/" title="Real Estate" rel="tag">Real Estate</a>, <a href="http://www.iafflocal289.org/tag/realtor/" title="realtor" rel="tag">realtor</a>, <a href="http://www.iafflocal289.org/tag/seller/" title="seller" rel="tag">seller</a>, <a href="http://www.iafflocal289.org/tag/selling/" title="selling" rel="tag">selling</a><br />
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		<title>Farm Expired Listings For Big Commissions</title>
		<link>http://www.iafflocal289.org/289-real-estate/farm-expired-listings-for-big-commissions/</link>
		<comments>http://www.iafflocal289.org/289-real-estate/farm-expired-listings-for-big-commissions/#comments</comments>
		<pubDate>Fri, 14 Aug 2009 13:22:00 +0000</pubDate>
		<dc:creator>admin</dc:creator>
				<category><![CDATA[289 Real Estate]]></category>
		<category><![CDATA[expired]]></category>
		<category><![CDATA[farm]]></category>
		<category><![CDATA[leads]]></category>
		<category><![CDATA[listings]]></category>
		<category><![CDATA[marketing]]></category>
		<category><![CDATA[Real Estate]]></category>

		<guid isPermaLink="false">http://www.iafflocal289.org/289-real-estate/farm-expired-listings-for-big-commissions/</guid>
		<description><![CDATA[<p>Many real estate agents begin and sometimes sadly end their careers without a plan. And as the saying goes, failing to plan is as good as planning to fail.</p><p>Sure, some do the usual and expected things to cultivate new business, like mailing letters and post cards to friends and relatives, ph...]]></description>
			<content:encoded><![CDATA[<p>Many real estate agents begin and sometimes sadly end their careers without a plan. And as the saying goes, failing to plan is as good as planning to fail.</p>
<p>Sure, some do the usual and expected things to cultivate new business, like mailing letters and post cards to friends and relatives, phoning acquaintances, and giving out business cards to any and everybody they meet.</p>
<p>Heck, some are courageous enough to &#8220;cold call&#8221; prospects, the most<br />
 dreaded of all tasks! And while all of these activities are good things to do, they don&#8217;t necessarily translate into new business opportunities &#8211; now or later!</p>
<p>And while these may be good strategies you need more. But instead of working harder why not work smarter?</p>
<p>The most successful Realtors and Real Estate Agents have &#8220;lead<br />
 generating systems.&#8221; Some Farm Expired Listings for huge profits.</p>
<p>A good listing system can:</p>
<p>jump start new or average real estate sales career; bring in real estate listings on a regular basis; week after week<br />
 generate prospective buyers and sellers; give you marketing exposure in months rather than years; and position you to know the best real estate investment buys</p>
<p>Personally, I love Expired Listing Systems and their laser beam like focus on warm, responsive sellers. Sellers that are typically still Realtor friendly, eager to sell and will do what it takes to get their properties sold.</p>
<p>Owners of expired listings are motivated for many reasons; double mortgages, vacant properties, terrible tenants, recently married and combining households, recently divorced and liquidating real estate assets, and on and on.</p>
<p>Plus, they have gone through a listing cycle and may be anxious to get on with their lives. But, as you know, or will soon learn, all listings aren&#8217;t worth having.</p>
<p>As for me, I initially listed every property that I could; vacant land, single family homes, condo&#8217;s, triplexes, mobile home parks, mobile homes, homes in top notch condition, fixer uppers, whatever.</p>
<p>And I got to feeling pretty darn good (and just a little smug) as my listing portfolio grew to more listings than I could manage.</p>
<p>So, I first hired a part time clerk/assistant to help me market my listings, then took on a newly licensed salesperson as a partner and split the listing fees 50/50. Pretty soon my listing system was humming and I was averaging 1-2 listings a week.</p>
<p>I then had an army of agents working for me day and night, as almost all of my listings were in the Multiple Listing System. Working to get me paid, even when I was chaperoning field trips, getting a haircut, or just taking a day off!</p>
<p>That&#8217;s what a good real estate listing system can do for you!</p>
<p>So, if you don&#8217;t have a good listing system you should get one. After all, if real estate listings are the lifeblood of the industry then how successful can you be without them?</p>
<p>Lanard Perry is the author of &#8220;Farming Expired Listings &#8211; Your Personal Guide To Listing Success.&#8221; Visit his website at http://www.farmingexpiredlistings.com for more real estate sales and marketing ideas.</p>

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