Real Estate Investing Facts

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Knowing the “how’s”, “what’s” and “why’s” in buying a real estate is not enough.  You need to consider the “when” as well.  This is important because the price of the property in the market fluctuates from time to time.  Meaning, the amount of financial investment is relative to time or season.  Three indicators were named as the best or most appropriate time to invest in real estate.  They are the following:

Economic slowdown

This is negative for most people but for home buyers and real estate investors, this is the best time to purchase the property.  Economic slowdown results to lay-off and unemployment.

The increase in unemployment often forced several homeowners to sell or give up their property and seek employment somewhere where the grass is greener.  They often need to relocate the soonest time possible and as a result, they want to sell off their house as soon as possible as well.  The urgency to relocate is often the deciding factor to dispose their property even at a much lesser cost.

Increase in the interest rates

Increase in the interest rates is another indicator for the excellent time to buy.  Increase in the interest rates will make buying a new property to be expensive resulting to fewer buyers.  Fewer buyers will cause real estate prices to drop to attract more buyers.

In terms of monthly mortgage payments, it will be higher also but this is for a short period of time only.  Once interest rates drop again, you have the option to refinance the mortgage for a low interest rate.  In this way, you will have a lower monthly payment to the bank.

Holidays

They say the best day of the year to buy a home is Christmas day.  I can imagine some reactions but it’s really true.  Home prices are the lowest in December.  It is because mega sales are offered by stores and malls to attract consumers.  Most people are in frenzy buying presents and the percentage of those who are into home buying is much lesser.  The sales of real estate automatically drop which causes the prices to fall.  This is a good opportunity to go real estate shopping and shop for Scottsdale AZ Homes.

Another reason is the holiday spirit.  People are in good moods and are inclined to be more generous up to the point of giving a lesser price.

Lastly, if a property has been on the market over Christmas, the owner is really serious about selling that home.  This is a good time to negotiate.  You just need to find a real estate agent who is willing to work on Christmas.

You can search the web for real estate companies who are always glad to assist you at all times and are reliable regardless of the complexities of the real estate market like Scottsdale Real Estate.  A house in Scottsdale Homes is definitely a best deal and a good investment!

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Mexico Real Estate

Mexico Actual Estate

Puerto Morelos, Mexico–Mexico is still giving incredible investment decision options despite the fact that the economy is still not totally recovered.  Low cost Mexico actual estate specializes in discovering the most reasonable qualities in Mexico.

Considering that the late 1990′s Cancun, Playa Del Carmen and The Riviera Maya in Mexico have been regarded some of the speediest increasing places in the planet for true estate.  Mainly because of the unprecedented development the costs of authentic estate have risen rapidly with the demand.  It is now very tough to locate any good asset wherever in the Yucatan for under $one hundred,000USD.  A short while ago three quite beneficial expenditure options for foreigners have been uncovered, all underneath one hundred,000usd.  The initial two properties are Puerto Morelos authentic estate projects.  This is the little city on highway 307 in between Cancun and Playa Del Carmen, Mexico.  The initial job consists of two room 1 bathroom concluded houses for $45,000usd and the 2nd 1 is a tiny subdivision of 1 room 1 bathroom concluded properties for $35,000usd.  Equally of these jobs are based inside of a 5-6 moment drive to a wonderful Caribbean seaside.  As everybody understands in actual estate anywhere you want to it is all about the spot.  It is doable for someone to obtain into possibly of these jobs and have the dwelling furnished and everything for all around $fifty,000 to $60,000usd.  That’s really amazing to be that near to the Caribbean ocean for that sort of dollars.

The 3rd challenge is actually Mexico beach front real estate asset.  Building a lot accessible suitable on the beach front on the opposite side of the Yucatan which is the Gulf of Mexico.  There is an vicinity between Ciudad Del Carmen, Mexico and Campeche, Mexico near Chompoton. The city is termed Sabancuy. It is a sleepy little fishing town of fewer than a couple of,000 people today. In the town you will come across only a number of stores, restaurants, and some fruit stands. This is not an place that is recognised about or well traveled by the tourists.  You will also find fishermen and boats, tons of them.
 
Appropriate now there are only fifty lots left for sale out of a total of 154 loads.  Just about every tremendous amount has 20 meters or 66 feet of beach front and amongst 200 meters and one,000 meters of depth. The tons are all with apparent title and utilities are becoming fitted at this time.  Creating permits have undoubtedly been obtained for the primary properties to be built later this summer.

The charge is about $3000usd per linear meter.  To examine that with other regions in Mexico this sort of as Cancun, Playa Del Carmen and the Riviera Maya it is about one/10th of the expense.  It is possible to acquire a beachfront whole lot in Sabancuy for only $65,000usd.  That is nevertheless below current market worth in comparison to other loads for sale in the identical place that start out at $85,000usd.

This is a pretty beneficial opportunity for foreigners seeking for beach front asset for purchase only or to assemble a vacation dwelling on the beach destination. The seller has given exclusive contracts to sell these lots to foreign investors.  Low-cost Mexico real estate is now able to offer you Mexico beachfront loads to U.S., Canadian, European, and other foreigners. About 50 mins South of Campeche, Mexico and about 40 minutes North of Ciudad Del Carmen is a wonderful chance to invest in beach front home.

Statement Mabra from Low-priced Mexico serious estate says, “There are still superior offers to be had for foreign buyers investing in Mexico you just have to know where to glimpse.  On the beach front loads as an illustration if you set a pencil to it you can figure out fairly instantly that for effectively under $300,000usd you could have a gorgeous household on the beach there.  Examine that to components in the United States on the beach, most would probably start off at $500,000usd to $one million bucks depending on the vicinity.”
 
The standard consensus from the authentic estate community in Mexico’s Yucatan is that these tons will not be offered prolonged at these kinds of an attractive price tag.  In simple fact several persons have opted to invest in a variety of contiguous plenty.

 
If you would like to know a lot more about these jobs or any property in Mexico beneath $100,000usd speak to Bill Mabra at info@cheapmexicorealestate.com
 
By Staff Writer, Riviera Maya Authentic Estate News, Playa Del Carmen Mexico
 
Low-priced Mexico genuine estate www.cheapmexicorealestate.com presents properties all below $100,000usd in Mexico which includes beach front quite a lot in the Yucatan.five hundred

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The Top 3 Ways to Find Lease Option Tenants and Buyers
By Foreclosures.com, Wendy Patton – 2010

As you know, I’ve been doing Lease Options for many years now. I’ve seen down markets, up markets and everything in between. Having survived all kinds of markets I can tell you I LOVE doing Lease Options in down markets. Why is that? Because there are SO MANY deals just waiting for me. In a down market the motivated sellers are plentiful. The common misconception when the media is screaming about how bad the market is, is that there are no buyers out there. That is true. There are fewer buyers in a soft market. Does that mean it’s impossible to find them? Not at all.

(Foreclosures.com can help you through every step of foreclosure investing and provides a variety of tools for your investment business including list services. Foreclosures.com Listings will help you find motivated sellers and REO lenders that have NOT listed their home on the MLS. Find leads that your agent is not showing you and get in FIRST. Foreclosures.com

Let’s take a look at some ways to find Lease Option tenants and buyers in soft markets:

1. First, is the asking price. If your asking price, either the sale asking price or monthly rent asking price, is too high for your Lease Options, you’ll scare away most buyers. Yes, it’s common that on a Lease Option the rent and purchase price are marked up due to the flexibility you are offering the buyer. However, if the market is soft you’ll find these marked up margins shrink. This especially applies to the monthly rent. If you are asking too much for rent you will have a VERY hard time finding tenants. If you want to place a quality tenant quickly make sure the rent is competitive, maybe even slightly less than the competition

2. Second, think long term. If you have structured a longer term Lease Option deal with the seller, like 3 to 5 years, consider just renting the house initially. Rent the house out for the first couple of years before you try to place a Lease Options buyer. This will give you time to weather the soft market and start moving towards rebound. If you get stuck with the mindset of only looking for Lease Options buyers you’ll be following the herd, trying to sell in a down market. Just rent the house in the down market and try to sell it when the market picks back up.

3. Third, cover your cash flow. If you put together a great Lease Option deal and have it start right away, who covers the monthly rent until you find a tenant? News flash:

What just happened? You became a motivated seller! You are much more likely to make a bad decision in Lease Optioning that house than if you didn’t have to pay the monthly payment. You are also reducing your profit margin for every month the house sits vacant. Instead, structure the deal to give yourself some time (a few months at least) to find the buyer or tenant. You could even have the Lease Option begin only once you have found a tenant. Be fair to the owner and let them continue to try to sell their home on their own during this time.

Taking all of this into account I think you’ll see why I LOVE to find Lease Option deals when the market is soft you’ll find it easy to get the kinds of deals you really want. Then if you structure the deal with strong terms and use the selling techniques I talk about, you’ll be selling when the market has improved and find it a whole lot easier to move your properties and make handsome profits.

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The popular holiday destination of Egypt is going against the declining global tourism trend by seeing a 29% increase in visitor arrivals and 24% increase in tourism revenue in Q1 2010. 

In stark contrast to the condition of the global tourism industry which is trying to bounce back from

“one of the most difficult years” (2009, WTO) and currently experiencing another blow from the Icelandic volcano crisis, estimating to be setting back airlines up to $400 million per day (International Air Transport Association), Egypt looks like it is going from strength to strength.

It cannot be said that Egypt was totally unaffected by the economic downturn of the last 12 months but with 3.46 million visitors arriving between January and March 2010 generating a revenue of $2.7 billion, Egypt “completely rebounded” according to Tourism Minister, Zoheir Garranah.

Tourism plays an very important part in the Egyptian economy, currently growing at an impressive 5.1%, responsible for more than 12% of employment and generating $10.76 billion in 2009 according to the Tourism Ministry. The traditional historical and cultural attractions such as the Pyramids of Giza and Luxor remain highly popular but also getting very popular the Red Sea coast is drawing millions each year to its clear warm waters, white sandy beaches and year round sunshine.

Steven Worboys, MD of Egypt property experts Experience International, whom market over 5000 properties along the Red Sea, commented:

“Egypt remains one of the most popular vacation and 2^nd home destinations in the world with over 1 millions Britons visiting annually. The combination of easy, cheap and direct access from the UK, affordable property prices and a reliable climate has made Egypt and the Red Sea coast in particular almost irresistible.”

One particular property for sale in Egypt which is seeing increased interest also thanks to its exclusive SIPP eligibility is the Samra Bay Marina & Spa Resort available through Experience International. Providing a true front line location on the “Golden Mile” of Hurghada, these luxury studio and 1 bedroom apartments are available from as little as 59,300 Euros, offer a guaranteed income for a minimum of 8 years and are certainly worth further consideration.

Forecasts for the rest of 2010 are positive with 5% economic growth expected and a target of increasing tourism revenue of $11.5 billion. Identifying the importance of investment the government also plans to increase spending by 11.2 billion Egyptian pounds ($2 billion) to support the economy, with most of the funds going into infrastructure projects.

For more information about buying in the thriving tourism hot spot of Egypt contact the experts at Experience International on + 44 (0) 207 321 5858 or visit experience-international.com.

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The First Deal Jitters

By Mary Kay

Picture this. You’ve been on the phone with the homeowner many, many times trying to help them solve their financial nightmare. You’ve tried getting their existing lender to approve a loan modification. You’ve asked them to call family and friends to see if they can bail them out. You’ve had them call your mortgage broker for a refinance or a new junior loan. You’ve guided them through the process of listing their house through an agent, or doing a “for sale by owner”.

Whatever the reason, you now have a homeowner who can’t make any of these solutions work. And the owner says to you, “Hey, I’m sick and tired of trying to save this house…. Why don’t you just buy it from me?”

WOAH!!! What do you do? Are you ready to jump into the fire with both feet?

Don’t think this won’t happen. When you treat a homeowner with dignity and respect, as Alexis has taught you, you can bet that sooner or later this WILL happen. It’s not a matter of will it happen, but when will it happen!

Just two weeks ago I got a call from one of my Coaching clients (and Lab graduate) LJ. She was breathless and didn’t know what to do first. I guess you can say she had amnesia from the Lab she just took a few months ago. It was time to recap the entire process again. But that’s what I’m here for…

L J is a stickler for following directions, so after completing her Six Steps to Mastering Foreclosures, home study course and Mastering Systems Lab, she did what Alexis told her. She called neighbors and relatives first. She tried to reach him by phone. But that yielded no luck; nada; nothing. So, L J loaded up her husband on a sunny Saturday and drove to the house in default, in hopes of talking to the homeowner. Low and behold…. he came out of the house and spoke with her.

“Not to worry” the homeowner told her. “I have two or three other people already trying to help me”. Hmmm… L J begins to ask the right questions. “What happened? Why are you still in the middle of the loan process after 3 weeks? What has your lender said? What about a loan modification? Why do you think Bankruptcy is a good idea? Tell me more about this “staying in your home sale-leaseback”? Why are you dealing with someone who is trying to scam you into an illegal agreement?” She asked the right questions at the right time and listened intently to the owner’s answers.

The homeowner immediately recognized that L J knew what she was talking about and immediately bonded with her. L J set the wheels in motion and told the homeowner she would return with information regarding Sale/Lease Back Schemes.

L J had driven home and returned back to the owner’s house that same day with printed information on scams and bankruptcy. The owner then gave L J her private home and cell numbers. Now she was in.

The next step was getting the homeowner hooked up with a legitimate mortgage broker who would give an honest answer within 72 hours of the request. Can she afford to keep the home, considering her current financial picture?

One week later L J follows up with the homeowner and finds out he can’t get a loan. No job; No income; No loan – Even with 35% equity (not unless he wanted to contact a Predatory Lender). Sensing the homeowner’s frustration, L J drives to the house and the owner hands her the Trustee Sale Auction Notice that was posted on the front door a couple of days prior.

Uh oh…. L J turns to the homeowner and asks, “What’s your back up plan? Can your mom and dad help you?” He answers “No way…. Hey L J, why don’t you just buy my house and help me out of this mess? I TRUST YOU. You’re the only one who actually cared about me and tried to HELP me.”

L J and I got to work by phone handling the details. We crunched the numbers, wrote the contract, opened escrow, reviewed title, found and negotiated with her contractor, and created a plan to sell the property – all the stuff she learned from Alexis just a few months ago, but had so easily forgotten. This is a scary time for a new investor. I am so glad I could be there for L J, to walk her through it. Deal now done.

Great job L J! Onto the next homeowner who needs our help!

Your Friend,

Coach Mary Ka

Foreclosure Properties

Copyright © 2009 Foreclosures.com.
This article is available for free distribution under the following terms:
a) You may not edit, delete or add any content to this article.
b) You must maintain all links to Foreclosures.com.
c) This article must be distributed free of charge.
d) This Resource Box must stay intact.

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