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Are Foreclosures Really Good Investments?

The answer is…it depends…

First, you need to identify what makes a deal good to you? Good price? Good Condition? Good Terms? Some combination of the three? Knowing what makes sense for your goals and finances is the key knowing if the property you’re looking at is a deal.

First things First…..

When thinking about buying a foreclosure, or any home for that matter, make sure you know what your goals are for the property BEFORE you make the offer!!!

Just remember, “if you fail to plan you plan to fail”, at least most of the time anyway. When it comes to my clients, I let them know upfront that if they like a property that needs $30K in rehab costs, and a lot of out of pocket expenses, but they don’t have much money to put into the deal readily available, that they need to be careful.  Read more...

Why all the Foreclosures- What’s the Deal?

No one with a pulse could miss the all news about the “Foreclosure Crisis” we are facing as a nation, and particularly here in S. Florida.  I’m sure the gurus of late night tv who teach you “how to make millions in foreclosures”, or whatever the spin, will be really raking in the cash thanks to all the publicity.

One question I seem to get every now and then is the reason behind so many people are facing foreclosure right now. Who’s to blame? Is it the government? The banks? Those mean ‘ol real estate investors?I thought I’d take a minute to quickly address what I’m seeing in my daily life as a Realtor here in Broward County FL.

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Alternatives to Foreclosure

 

 

You may be on verge of missing your mortgage payments, behind on payments, or even facing foreclosure so what are your options?  Try to look at the situation more from a financial standpoint rather than an emotional standpoint.  This way you can more successfully analyze which option might best suit your needs and  move you towards resolving your financial difficulty.

One very important thing to remember: Time is of the essence. Take time to think through your situation and make a decision.  Then, take action right away so you have enough time to complete the solution you choose.

Nine options when facing Foreclosure


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7 Deadly Sins of Selling a Home

You may end up in “Home Seller’s Purgatory” if you commit these sins!

Stressed out

Sin #1 — Pricing Your Property Too High

Every seller obviously wants to get the most money for his or her property. Ironically, the best way to do this is NOT to list your property at an excessively high price! A high listing price will cause some prospective buyers to lose interest before even seeing your property. It may also lead other buyers to expect more than what you have to offer.

Ironically, OVERPRICING does sell Homes…your neighbor’s! If your home is priced higher than others in the area (or what buyers are paying) it makes the other available homes look like bargains!

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7 Tips to Negotiate like a Pro when buying a home

7 Tips to Buy and Negotiate like a PRO…be a Seller’s Worst Nightmare!!


If you plan on purchasing a 1st home, or any home for that matter, there are things you NEED to know…

I’m sure you’ve heard the phrase “Knowledge is power” before, and there is some truth to it, but Knowledge applied is the only way you really benefit.

I want to share some helpful tips and techniques I use for my Buyers in everyday transactions and negotiations to help you get the most for your money and cover your “assets” in the process.

Imagine for a moment… you are about to buy your 1st home. You have taken the time to learn more about your financial situation and comfort level in your housing budget…

…you know your “goals” for purchasing a home and a great understanding of what kind of home you need and what you will pay for it…  Read more...

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