Three Critical Factors to Consider When Buying a Home Or Lot on Lake Murray South Carolina

All real estate is not created equal, and this is certainly true with waterfront property on Lake Murray South Carolina. Understanding what to look for can help in the decision making process and can also help to ensure years of enjoyment from your lake-front home. For most people, the three critical factors to consider when purchasing water-frontage on Lake Murray are whether it has fringe-land, whether the property can have a private dock, and whether it has year-round water.

The first critical factor is fringe-land. Fringe-land is a term used by SCE&G (South Carolina Electric and Gas) which basically refers to a seventy-five foot wide strip of land which is owned by SCE&G and lies between the edge of the lake and the adjacent waterfront property.

Owners of the adjacent property only have foot access to the lake and are restricted from encroaching upon the land or cutting trees or shrubs on the land without written consent. While the majority of properties on the lake do not have to contend with this „vegetative buffer“, there are still many properties in the more rural areas of the lake where this is a consideration. Generally, properties free from fringe-land are more desirable.

The second critical factor is the ability to have a private dock. Not all Lake Murray properties can have private docks. SCE&G controls dock permitting, and they have strict guidelines governing permit issuance. Properties that have the ability for a private dock are in more demand and typically command a higher price than those with only a shared dock or with no dock at all.

The third critical factor is whether the property has year-round water. With Lake Murray being a hydro-electric lake, it has an annual draw-down in the fall and winter. The result for land owners is that some properties might be „dry“ during the low period. Unfortunately, most real estate agents do not understand how to properly evaluate this aspect of lake properties.

Often times properties will be presented as having year-round water, but they don’t. This is not usually intentional deceit on the part of the listing agent, but usually just a lack of skill. If you plan on purchasing a home or lot on Lake Murray, be sure your real estate agent can do a USGS based depth analysis on any property of interest.

When buying any real estate, you should perform proper due diligence. Now you have an idea of what to look for when considering making a purchase on Lake Murray South Carolina. See you on the lake!

Immobilienmakler Heidelberg

Makler Heidelberg

Agent Marketing Minute: Let a Brag Book Tell Your Story

In today’s competitive real estate marketplace, I still amazed at how few agents know how to communicate their real estate business story to a home buyer and seller. First impressions count, and you need to be prepared verbally and visually to tell your story and why the consumer should use you and not the competition. Soon after I started in the business I developed for lack of a better name, my brag book, that take on all listing appointments and first meetings with buyers.

My books‘ contents are always evolving and are constantly updated with current information and examples. The first section has as many active, pending, and closed listings as I can fit in. I include property brochures, postcards and virtual tours on CD-ROMs. Include a variety of price points and locations.

The second section has examples of newspaper advertisements, magazine features, and screen prints from my and my brokers web site to illustrate what types of marketing I do for a specific property.

Third in my brag book are the actual cards, letters, and emails that have testimonials from clients, both buyers and sellers, about their satisfaction with my real estate business.

Lastly, any awards or non-profit work I do in the community, I like to point out that giving back to the community is an important part of my business. After a client goes through my book, they have an comprehensive idea of what benefits I bring to the table. Let your brag book help tell your story to prospective clients.

Immobilienmakler Heidelberg

Makler Heidelberg

3 Ways to Value Your Home

One of the worst mistakes sellers make is pricing their homes too high. Buyers are generally well educated and will not entertain an overpriced listing. After the property sits stagnant on the market, the seller will slowly wake up to reality and lower the asking price to a more realistic figure. The downside of this scenario is that, in the meantime, one has lost valuable marketing time.

The longer a listing sits on the market, the less attention it gets. The lesson here is – price your home accurately from the start! To help you determine that value, you can use one of three commonly used valuation methods: a Comparative Market Analysis or „CMA,“ a Broker Price Opinion or „BPO,“ also called a Broker Opinion of Value, and a Formal Appraisal, performed by a licensed and certified real estate appraiser.

Before we get into the details of each one of the valuation methods, let’s talk a little more about the different types of values.

Market Value

The Uniform Standard of Professional Appraisal Practice (USPAP) defines market value as the most probable price that a property should sell for in a competitive and open market. This assumes all conditions for a fair sale are present and that the buyer and seller are of sound mind.

As-Is Value

Generally, the as-is value is defined as the value of the subject property as it presently exists without repairs or improvements. The as-is value should reflect the subject property’s current condition.

As-Repaired Value

Usually, the as-repaired value is defined as the value the subject property would sell for if the subject property is in move-in, ready condition, but not overly improved for the neighborhood.


The quick-sale value is defined as the value the subject property would sell for under liquidation, or forced-sale type terms. The quick-sale value commonly assumes limited exposure to the open market, and restrictive conditions of sale.

1. Comparative Market Analysis CMA

A CMA is a comparison of the prices of similar houses in the same general geographical area, typically, a one mile radius. Usually, MLS data and tax records are used to conduct the research. It includes: 1) closed sales – properties that have sold and closed within the last 6 months, 2) active listings – properties currently for sale, 3) pending sales – listings that are under contract but have not yet closed, and, 4) expired listings – properties that did not sell during the marketing period. After thoroughly analyzing this information, a probable sale price is suggested.

Because the price derived from a CMA is somewhat subjective, the outcome generally results in a price range rather than a definite number. Most agents will conduct a CMA without physically visiting the property. In general, a CMA prepared by an experienced agent with good knowledge of the local market is right in line with your home’s appraised market value. A CMA can therefore be a very useful tool. Most agents offer this service free of charge as a promotional means to earn you business.

2. Broker Price Opinion BPO (also Broker Opinion of Value)

A Broker Price Opinion is when a real estate agent or broker will do a valuation on a property similar to an appraisal. There are two types of BPOs: an exterior or drive-by, and an interior or full BPO. For our purposes, I will focus on the interior or full BPO, since this is most comprehensive and most valuable to a seller.

The Broker Price Opinion has been a popular tool used by lenders and mortgage companies to value properties in situations where they believe the expense of an appraisal is not necessary. A BPO goes into much greater detail than a CMA; the specific purpose of the BPO as set forth by the client will dictate much of what the agent focuses on. In addition to the work performed in a CMA, the agent will generally conduct a full inspection of the property and make a list of defects and recommend any necessary repairs. A detailed commentary of any material matters will be included.

Photos of the interior and exterior are taken and included in the report. Three recently sold comparables and three active listings are used to determine the value of the subject property, adjustments are made if necessary. The cost of a full interior BPO ranges from $85.00 to $165.00, depending on the detail wanted by the client. Commonly, listings agents will charge for this service but in some cases, might credit the fee back to the client at a successful close of escrow.

3. Formal Appraisal

A formal appraisal is by far the most detailed valuation tool used to determine the value of a property. Appraisals are most often reported on a standardized form, and only licensed and certified real estate appraisers can perform an appraisal. Licensed appraisers are trained to be able to appraise real property in a variety of ways;

The sales Comparison Approach (same as a CMA or PBO) is by far the most common, where comparable properties are used to determine the subject’s value.

The Income Approach: this method is most commonly used to value income producing properties such as offices and apartment buildings. In some cases, depending on the client’s requirements and/or the specific type of property, appraisers may use a combination of both the sales comparison approach and income approach to determine value.

The Replacement Approach: this method is most commonly used on new-built homes, where there are no established comparables, on homes built with unique materials of which no comparables exist, or, in case of, let’s say, a fire, where there is nothing left to compare.

The cost of a formal residential appraisal usually ranges from $300.00 to $450.00.

4. Conclusion

The reason to hire a professional to value your property is to obtain accuracy. It is strongly advised to start out with a realistic price tag, and in order to do so, a seller needs to obtain an accurate estimate of what the subject property is worth. This will set the tone for a smooth and productive marketing and sales process.

Immobilienmakler Heidelberg

Makler Heidelberg

Your Home is Your Symphony

„Dr. Carl Sagan once wrote, „Somewhere, something incredible is waiting to be known.“ Although Dr. Sagan was commenting on the wonders to be found in the vastness of outer space, there are also incredible design possibilities just waiting to be discovered right in your own home. In fact, your home’s overall design represents a symphony, and the individual design details are the musical notes you use to compose the melody and harmony for the symphony of your living space.

Your home should always bolster feelings of happiness, serenity, and comfort, and once you’re aware of a few simple rules, composing a home symphony that supports positive emotions and encourages joyful living is easy.

Begin composing your symphony by choosing the color of your walls. All of your home’s colors should harmonize, both inside and out. Once you’ve chosen your exterior colors, bring subtle shades of those same colors inside, using them as accents throughout your home. Harmonize your colors with ones you see in the natural world surrounding your house. Use colors that blend with the lighting from the natural environment and support a feeling of serenity and cheerfulness.

Next, add carefully-crafted lighting, which is an important factor in all residential design. Well-designed lighting is both a science and an art, and when used in conjunction with color, sets the emotional atmosphere for the home. Too little light in a room can cause people to feel depressed, while rooms that are too bright can cause uneasy feelings.

Like the color of your walls, your lighting choices should also harmonize with the natural light that surrounds your home. The amount of light should vary, just as it does in nature, to give rooms a more natural feel and to evoke a note of harmony and peace.

The next movement in your symphony involves the textures you choose to employ throughout your home. Studies have shown that emotionally pleasing patterns based on nature encourage feelings of happiness and contentment. Undulating patterns, combined with gentle swags, lend an upbeat, natural feeling to a room, while rooms with no patterns feel boring because people are accustomed to the multitude of patterns displayed by Mother Nature.

Many other design details in your home also come into play when creating your home symphony, such as sounds, furnishings, and furniture arrangement. But regardless of which movement of your symphony you’re working on, always keep in mind that balance is the key. And just like the combined elements of a symphony, your home must have some sections that promote quiet and rest–remember, it’s the vacant spaces between the notes that make the music.

If you look at decorating your home as if you were creating a symphony, in all of its complexity and harmony, you’ll be able to make design decisions that are always in concert with your overall concept. If you continue to bear the complete work in mind, you’ll choose design elements that resonate in harmony with each other, and your home will make joyful music for all who enter.

(c) Copyright 2004, Jeanette J. Fisher. All rights reserved.

Immobilienmakler Heidelberg

Makler Heidelberg

Andorra Real Estate Can Be Bought Easily

The Andorra real estate listings can be found quite easily. The Andorra real estate property is in demand by the foreign buyers. The buyers are especially attracted to the place since there is zero inheritance and income tax. Most buyers for the estate for sale are looking for the ski apartments since the country is known for its ski slopes and is one of the most popular sports in the country. The skiing season starts in December and lasts till April. Even when the owners of the estate property don’t use heir property personally, they can get good Andorra rentals on the property. This is because tourist is always looking for good villas and chalets to rent when they come fro their skiing holidays.

Though the Rental yields at 4 – 5 % may seem disappointing for many of the estate investors, this is a tax free. Moreover the price inflation can be 10% or even above and this makes estate for sale properties quite attractive.

Mortgage value for about 60% of the cost of estate for sale is quite easily available from the local banks. The mortgage terms are available for over 15 years. However the entire payment should be made by the sixtieth birthday. So if a person is 52 years, they will get a mortgage term for only 8 years (till they reach their 60th birthday and a 45 year old person will get a mortgage term for 15 years (till their 60th birthday).

The typical Andorra real estate for sale that is available is apartments and chalets and the most favored places for buying the Andorra real estate property is La Massana, Arinsal, Les Salines and El Serrat. Andorra isn’t a member of the European Union, but the citizens of the European Union don’t require a visa to come to the country. Catalan is the local language that is spoken here, even though English, French and Spanish are widely spoken and understood.

The estate for sale is available quite easily and will depend on the location of the place. This is one of the smallest countries in Europe and isn’t a part of the European Union. But the Euro is the de facto currency and the Euro debit and credit cards are widely used in the country. Andorra is officially known as the Principality of the Andorra and has an area of only 468 square kilometer. Tourism is the major earner of the GDP and accounts for 80% of the GDP. Banking sector, since the principality is a tax haven also contributes substantially to the GDP.

Immobilienmakler Heidelberg

Makler Heidelberg

Are Zero-Day Inspections Deal Killers in REO Investing?

Usually a buyer of real estate had the seller give him an inspection period in which the buyer will have the property inspected by a professional to see if there is anything the buyer missed. These inspections are very inexpensive insurance for the buyer and should always be done when buying a personal residence. For investors, the inspections are equally important but often investors do these themselves.

An increasing trend in REO (bank-owned) properties is for the addendum that comes back from the asset manager or the realtor, to have a short inspection period. The usual inspection period for REO varies by the area of the country where the Reo is located. In some very distressed areas, it is not uncommon for 15 – 20 day inspection periods. In active markets, the inspection periods are usually 5 to 10 days.

The inspection period is very important to investors because this allows them to market the property to his buyers list and re-sell the property at a profit. If the only advertising medium that sold REOs was the MLS, many would go unsold as the average investor doesn’t have access to the MLS and the best buys are the REOs that are not sold in the first 30+ days on the market (DOMs). So investors put the properties under contract, provide proof of funds or letter of credit and make a deposit to the closing agent chosen by the asset manager or the realtor.

However, the REO brokers and agents may have trouble closing these deals because the investor put it under contract at too high a price. He now knows this because he can’t resell it to another investor who will rehab or keep it as a rental. Therefore, the investor uses the inspection period to get out of the contract and get his money back. This usually infuriates the realtors as they have to re-market the property all over again. If this happens too often the realtor will not only lose this listing but may lose the asset manager (bank) as a client.

A trend in REO contracting is happening that gives the buyer a zero day inspection. This means that as soon as the buyer signs the contract he can no longer get out by using the inspection period as a legal loophole. We are even seeing the realtors‘ addendums say zero day inspection while the asset managers‘ addendums allow 5 days. Obviously, this is a realtor lead movement because the outcome is detrimental to the final sale price of the property. These investors who are returning the properties are doing so because the price they paid was too high. The result is the asset manager has to drop his price to attract more buyers.

While a small group of investors are wholesalers who use the inspection period to abandon an offer, the vast majority of investors do not and these are the end-buyers who should be bidding on the properties. Because of this onerous requirement of zero-day inspection, the inexperienced investors are paying more money to the seasoned investors, often for the same properties. This profit differential could be going to the asset managers‘ accounts but they may not even know this anomaly is happening as their only input is the listing realtor.

In summary, in an attempt to have fewer failed deals, realtors have tightened the requirement of the inspection period and often the amount of the deposit. Most REO deposits are in the range of $500 to $1,000, but some realtors are requiring the greater of 10% or $5,000. The net result is fewer bidders willing to buy the properties and further price declines when the properties are finally sold.

Immobilienmakler Heidelberg

Makler Heidelberg

Staging Tips That Help Homes Sell More for Top Dollar

The idea is all about the exterior look, presentation, as well as preparation, with the goal of selling a house faster and getting a higher market value. Try to make your home memorable so that it can stand out in buyer’s mind. Increase your home curb appeal, eliminate clutter and dirt are the main ideas to sell your home. Here I will discuss staging tips that help homes sell more for top dollar.

Get your home windows efficiently cleaned in and out as well. Polishes the floor, wood, deeply cleans the mirrors, removes cobwebs, clean the kitchen appliances, dry-cleans the drapes, and shampoos the carpets, dusts the blinds, and washes all the windows in your home. You can hire a cleaning crew to sparkle your home. Make your home free of offensive odors; try to use good quality fresheners to create pleasant aromas.

Eliminate the extra furniture from your room can give a brighter and larger look. Bathroom and kitchen counters should clean. Apply the 50% rule that can help you to eliminate the clutter in your home. Clutter makes homes seem disorganized and smaller. Have you noticed that expensive homes can be sold quickly due to their comfortable, clutter-free layout?

Pay particular attention to the front exterior. Buyers will pay more for energy-efficient and green such as blown in cellulose insulation, dual-flush toilets, tankless water heater, low-emissivity energy start-rated windows, programmable thermostats, sealed ducts, solar systems, and home automation systems.

Make your home look bright as well as spacious. It is better to change the light bulbs, re-carpet your home, and use the neutral, colors to give the great look to your home. Try to convey an image of neutrality. Give plenty of light from different sources. An interiors designer advises combining a variety of lights such as ambient lights, accent lights, and task lighting. These are stylish as well as functional.

Setting the right Price of your home strategically is the key decision to sell. One easy but important technique for pricing your home is to spend the day and looking at your competitor’s homes.

Buyers pay extra attention to the bathrooms and kitchen. An updated kitchen and bathroom can add big value to your home. However, the kitchen is the heart of the home. It is best to purchase all new cabinets and save your money by buying prefabricated cabinets. You will need to update hardware like a cabinet doorknob, as it will not add any value to your kitchen. You can also swap out one item, like an outdated microwave or stained sink for new stainless models.

Immobilienmakler Heidelberg

Makler Heidelberg

Homes For Sale – Moreno Valley

There are a lot of options in Moreno valley real estate market, which can prove to be a bit taxing for a prospective buyer. Those interested in purchasing a home in the city can browse through multiple types of homes for sale Moreno valley property listings. As a whole, the real estate market is thriving, yet the general price of properties of this place is surprisingly affordable.

Located at the Riverside County of California, Moreno Valley is a comparatively new community. People concerned with budget or with financial constraints can find the listing of houses for sale Moreno valley quite interesting from the monetary aspect as well. With all the necessary amenities as well as ample recreational facilities the community live provides for a friendly and relaxed atmosphere for people desiring to relocate to the area.

The small community of Moreno Valley is resident to nearly 171,000 people who are benefited by lush landscapes, beautiful weather, and a low crime rate. The good schools of this place are one of many factors that people relocating to the area can take advantage of.

The city was known as a computer community, yet retail and manufacturing sectors have shown excellent growth prospects in the recent years. The increases in job prospects have reflected on the real estate market as well.

The various homes for sale Moreno Valley are mostly traditional, multi-storied and single family homes on large plots of land; some houses of this community are located in new subdivisions. Several condos and townhouses are enlisted in the real estate markets a well while a few of these premium properties are located throughout the city.

It is easy to get an overview of Moreno valley real estate market by searching online. A simple search with the keyword homes for sale Moreno Valley will produce multiple results giving you a list of new homes, resale homes; foreclosed homes as well as a number of townhouses. You can select a specific category from the options given and begin the search process once over again with additional keywords.

It is easy to purchase a good Moreno valley home in with minimum fuss once you get to contact an experienced realtor based in the city. The effects of the recent recession have not been long lasting and the real estate market of the city is on an upswing again. It is therefore possible to close a deal in your favor provided you have the assistance of a professional real estate agent. Your realtor is sure to help you out with the complexities of the legal wrangles and paperwork that you are bound to face while purchasing property in the city.

Immobilienmakler Heidelberg

Makler Heidelberg

9 Expert Tips to Help You Buy a Luxury Home

If you are looking to purchase a luxury home, you can choose from a lot of options. In this article, we are going to share with you a few tips from experts that will help you go for the best luxury home. Read on to find out more.

1. Find out about the Search Process

A lot of luxury homes are not listed in order to protect the privacy of the seller. Often, these properties can be found by talking to the personal connections of the realtor. So, what you need to do is check out several online sources as searching on big search engines is not enough.

2. Don’t make your Decision based on Photos only

If you make your buying decision based on the photos of the front of a property, you are making a mistake. It is important to note is that some homes are not photogenic and should be seen in person for a better idea of their suitability.

If you are going to buy one, you may want to find out about the vicinity of the property on Google Earth.

3. Hire a Local Expert

It is better that you work with the local real estate agent as they have a lot of information about luxury homes in your area. They can help you get an appointment to see the property of your choice.

4. Contact your Bank

Experts suggest that you contact your bank as well as they have your portfolio. Apart from this, you may want to understand the difference between the pre-qualification letter and the pre-approval letter.

5. Document Everything

These days, the high-end real estate market is going through a lot of scrutinies. Therefore, it is a must to have financial documents. So, you may not want to shelter your money as it can create difficulties for you later on.

6. Hire Reliable Advisers

Your real estate agent should not be your decision-maker. Their job is to give you useful suggestions to help you make a better decision. Therefore, you may want to make your decision and hire only a reliable advisor.

7. Consider the Title Insurance

You may want to go for title insurance as this can help you be on the safe side. Apart from this, you may want to check out the exception page of your title insurance prior to closing time.

8. Look into the Future

You may want to find out more about the properties being planned around your property. If your neighbor builds a building taller than yours, it may have an impact on your property as well. Besides, you may want to consider the timeline as well. This is important if you want to avoid construction delays.

9. Cooperatives and Condominiums

In case you are going to buy condominiums or cooperatives, make sure that you hire the services of an attorney that can help you know the financial viability of the building.

Long story short, if you are going to invest in a luxury home, we suggest that you consider the 9 tips explained in this article. This will help you make an informed decision and by the house of your dream.

Immobilienmakler Heidelberg

Makler Heidelberg

Amazing Soup Recipe For Short Sales – National Expert Spills His Guts and Reveals

Discover why lenders will take less than what is owed and forgive the balance of the mortgage. Multiple loans and the more upside-down the property the easier it is to do a short sale, and the bigger the discounts. A positive and guaranteed foreclosure resolution for all parties, and I will explain why.

Learn how a beginner can get a complete package sent in the same day and an offer accepted within 30 days wiping out all outstanding obligations. I know this may sound silly, but stay with me and I can explain how.

Realize insane profits for real estate investors and unheard of super buys for families looking to realize a lifetime dream to buy a new primary or secondary home and or for retirement investments. A total enlightening of short sales. An honest and treasured collection of trusted and protected secrets that some underground ex-bank mitigators have shared with me under secrecy.

Gain valuable knowledge and appreciate why our competitors think I use methods that some may believe are „illegal“. Rather it’s merely using an unfair disadvantage gained by a very diligent pursuit to uncover the underlying mystery. Proven methods demonstrate sheer simplicity and straightforward truth. This guy really knows what he is talking about. No dilly-dallying or sugar coating.

Gain access to many loss mitigators with their private fax and phone lines along with personal e-mails. Get immediate access. Discover how to covert these highly prized discounted properties into gold mines.

Understand how to get the bank to call you back and share other profitable deals with you. Tips the bank will openly share that will help increase your profits every time. The bank wants you to successfully complete the short sale and come back for more. Know why they want to work with you.

Anyway that you slice it, a sure fired winner for all involved parties. A true win-win and everyone gets what they want. A real eye opener.

All the rage today is mainly about a sluggish real estate market and also about foreclosures, but very little about short sales. Apprentice by a renowned master.

You are thinking…yea, I heard about them, but really didn’t want to act dumb and ask. Well, you are not alone. Even many real estate agents don’t know either, until…the short sale deal completes and they get their commission check, and they are „all ears“. How did that happen so quickly?

Up until then I was savvy about being creative, but when I heard the term foreclosure or bankruptcy, I said, „I’ll pass“. I knew just enough to be ignorant and sense enough to „pass on it“. I admit that I knew very little at that time.

As one of my first rent to own deals started „going south,“ I thought that it was best to call the sellers bank and see „what the heck is going on“?

That was my first brush with a foreclosure. The lady at the bank (a „gruff“ lady) proceeded in setting me straight. After she calmed me down and explained just exactly what she wanted and what I needed to do if I wanted a „good deal“.

She explained that the bank was not interested in being in the real estate business. It was in the bank’s best interest to get me a good payoff discount on what was owed by the property seller (I only had an option to buy the property).

I heeded her advice and was able to do my first short sale option transfer (i.e. „flip“) and not only salvaged the $15,000 of profit that I thought that I was about to lose to a foreclosure, but actually was able to raise the profit to $25,000.

Not bad for stumbling unguided through a dark and cloudy maze of unknown.

At the time there were very few books and tapes, and I never heard of a „boot camp“ other than in my military days. I kind of „hob knobbed“ and slowly made sense of it. I was a slow learner, but very persistent and determined.

Since that time of wonder, I have attended many seminars, bought a few courses and read everything I could get my hands on. In the interim I have successfully completed hundreds of short sales and saved many homeowners from the brink of foreclosure and realized thousands of dollars of profits for my efforts.

I actually completed four short sale deals in one day. I should say, a very busy but very profitable one, I profited over $150,000 in one day. Smiling brightly.

The one thing that I found to be very enlightening was the fact that as I learned a piece here and there, I truly believe that most of the gurus and book writers have never actually completed a short sale transaction? All textbook theory that reads well but really doesn’t work. Believe me, I read them all.

Describe how to swim, but you can’t tell me what the water feels like.

I asked a well-known guru several questions at an event and he admitted that he didn’t have the answers and has really never completed many sales and his income is from speaking. He laughed and said that he would call me when he actually ready to do a short sale deals. „I like your way better“.

Enough story telling. Getting back to the short sale business. Let me explain what a short sale is. First I will start with a typical sale.

When a property owner decides to sell a property, the closing attorney calls the bank and requests a payoff amount to satisfy the mortgage. That amount is included as line item on the settlement sheet, HUD-1.

That payoff number is subtracted from the selling price less any other normal and reasonable expenses and the seller typically leaves with a check for the difference. A happy day for the seller with money in hand and the property sold.

This is the scenario that most of us are familiar with and typically happens.

Now this is where the „rubber meets the road,“ and where my invaluable experience separate the go-getters from the wannabes, plain and simple.

However when the property owner wants to sell the property and now for a combination of reasons owes more than the property is worth, what options does the seller have now? Under typical circumstances, many if they act quickly.

In most cases like this, the seller believes that there is no hope and generally walks away from the property, and by default the bank takes it back by a foreclosure action.

It becomes a REO property (real estate owned by the bank) and resold at a fraction of the original loan value. If only the seller had been diligent?

Stands to reason that if you cannot payoff the exact amount of the mortgage, what other options may be available for the seller? Let’s see???

One relatively unknown option is to negotiate a SHORT SALE.

A short sale is a term used by the bank whereby they will grant to the borrower a lesser payoff amount than what is actually owed. That’s correct, for less than what’s owed including closing costs and real estate commissions.

Example… if they owe $100,000, the bank would accept $85,000? That’s exactly right…a mere $15,000 of savings, enough to get it sold now.

If that were the case, then a property owner that owes more than the property is worth would then be able to complete the sale of the property with a short sale. The revised sale price would now be at or below market value.

Why in the world would a bank want to even consider this discount?

· Eliminates future carrying costs till the property would sell.

· The longer a property is unsold, it continues to decline in value.

· The bank realizes there is a buyer ready to close now.

· The bank is not and doesn’t want to be in the real estate business.

· The bank is not earning any money on non-performing loans.

· The bank only earns money when borrowers are repaying loans.

· It’s the best of a worst-case scenario. No other choices.

· Looks better on the report to the stockholders.

· Stop chasing good money after bad. Stop the bleeding.

Now coupling this with the current economic situation, the numbers of foreclosures have absolutely multiplied. Some counties are averaging over 100+ foreclosures daily combined with a decrease in property values by 25%, a 3+year backlog of property inventory and minimal monthly sales.

All these situations are creating tremendous opportunities for real estate investors and buyers. A 3-4 year supply to pick from and prices at a huge reduced savings lead to a true „buyers market.

A buyer can find a super super value on a new home of up to a 50% discount of market value. A real estate investor can flip, option or fix up and rent it, then resell it at a hefty profit later when the market rebounds.

As you can see, a short sale can open up a „log jam“ for many sellers that would otherwise lose their homes to foreclosure. Additionally it becomes a golden opportunity for buyers, real estate agents, and related service industries and for people like you and me.

Me? You are saying, what do I know about short sales?

This national expert is spilling his guts and is revealing many secrets. I am willing to show you how to negotiate these highly profitable short sale deals that will be a win-win-win for all parties.

Learn how to complete these highly profitable deals quickly so you can start helping these sellers and buyers while earning thousands of dollars for applying your new found efforts.

I had an associate a few years ago that asked if I could teach his friend so she could learn to do short sale deals? I agreed to coach her on a 50-50 split. On her first deal the total profit was $79,750. Beginners luck!

I have compiled all my many years of successful short sale deals including all the necessary forms, scripts and all that you need to get started and have a highly profitable business in a short period of time.

You can start out part time working a few hours a week and increase to full time. One hour a week can easily earn you $10,000 a month.

Learn how to find the sellers and buyers and what to say and do. Copies of many ads and compelling scripts. Paint by the numbers.

Everything is written that even a seventh grader can understand it. Detailed instructions show how to do and say everything correctly. Every sheet of paperwork has been time tested and legally checked.

No boot camps, tapes, videos or graduate manuals written in „Greek“ by an anal PHD that had formally edited insurance policies.

Free, Easy and Understandable SHORT SALE Techniques that „jump off the page“ immediately into action and quickly followed by your 1st profit check. Better warn your bank to get ready for your frequency of deposits.

There has never been a better to time in history to get involved in this unlimited opportunity. There is no greater joy in life than helping others.

These sellers are begging for help in getting out of these foreclosure situations. The banks are anxious to get these defaulted mortgages resolved quickly and the buyers are truly looking for a super savings in the purchase of their new home. And you…are looking for…? Thought so.

My wife thinks that I’m crazy for telling everyone my hard earned secrets and that I should just let well enough alone. You know how well men listen?

I’ve done so many things in life and the best things that continue to overflow into my memory bank are those services that one does to help others. And that my friend delivers to my heart its greatest joy.

Well, for now all this super stuff is available. But…if I were a smart man and listened to my wife… You better get it before I start to listen.

Immobilienmakler Heidelberg

Makler Heidelberg

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