Archive for the ‘Location’ Category

Top Free iPhone/iPad Real Estate Apps

Monday, January 30th, 2012

As more and more people acquire iPhone 4s and wait for the new iPad 3 to be released, app usage is only going to rise. And sharply to be sure. The number of free and purchased apps increases every day. And with good reason. There are some excellent apps available for just about any need anyone could have.

 

And the real estate market is no exception. Apps abound and some that might not seem like they’d be helpful in the real estate market really are. Here are some of the top free real estate apps for iPhones and iPads.

 

Zillow: Launched after the popularity of the website kept going up, Zillow allows users to search homes for sale, rentals, and more, making this one of the handiest real estate iPhone apps available. This app also makes use of the GPS capability of your device. (Cost: Free)

 

LoopNet Commercial Real Estate Search: When it comes to searching for commercial properties, it is wise to choose an app that focuses on what is really needed. LoopNet has only one drawback – full access isn’t free. But it is a good place to start the search, so it is still a top app. (Cost: Free)

 

eTask Project for iPad: The process of buying a house is gargantuan. While eTask wasn’t designed for the real estate buyer, it can be incredibly helpful in managing the many tasks that must be accomplished to make the dream a reality. Use it to track paperwork deadlines and create a packing schedule so moving day doesn’t come as a surprise. (Cost: Free)

 

Zip Realty Real Estate: If someone looking for a home wants data, then this is the app for them. It provides a complete listing of all homes available within the top 25 major housing markets in the United States. The fun factor for this features comes when users get to draw their radius on the map, making limiting searches easier. (Cost: Free)

 

Tweet Deck: This one belongs on the list because everyone needs something to do while they try to take a mental break from the house hunt. Make sure you find lots of funny people to follow, as well as some local real estate agents. (Cost: Free)

 

CraigsPhone – It’s Craig’s List for your iPhone or iPad! Everyone knows that some homes do not get listed with realtors. People are looking to reduce their fees so they turn to free sites like Craig’s List. This is a handy app to check regularly so one can see if there are any houses for sale nearby. (Cost: Free)

 

There are several others that can be found by searching ‘real estate’ in the iTunes search bar. Happy hunting!

BENEFITS OF BUYING FORECLOSED PROPERTIES

Wednesday, September 21st, 2011

With the real estate market the lowest it’s been in years and the market being flooded daily with foreclosed properties, now may be the perfect time to pick up a home at a large discount.  Although, many foreclosed homes come with their own set of issues, there are some diamonds in the rough that can be found for a fraction of what they are really worth.

Foreclosed homes sell significantly lower than their actual value.  This is due to the fact that the properties are now owned by the bank.  Because banks tend not to have a need for vacant homes that are costing them money to insure and keep in decent shape, they are looking to get rid of them as fast as they can.  What this means for you, is that you may be able to find a home that needs minimal work to make it look like new again. 

There are two ways in which you can purchase a foreclosed home from the bank.  One is dealing directly with the bank and submitting your offer to them, the other is to purchase homes at a bank held auction where bidders determine the selling cost.  If you choose to deal directly with the bank, you may be able to negotiate a better deal than if you were to involve a third party.  The benefit of purchasing a home at auction is that you may be the only person interested in the property and be able to purchase for a lower price than the bank was initially asking.

There are some challenges with purchasing a foreclosed property as well as benefits.  Once all the paperwork has been signed and you are in possession of the property you may discover problems that you weren’t aware of before the purchase was finalized.  To avoid finding yourself in this situation, you may want to have an inspection done on the property so that you are aware of any problems before you close on the property.  An inspection is relatively inexpensive compared to what you may have to pay in order to make the property livable.

You may have heard horror stories about the problems that come from buying foreclosed properties, while some are in dire need of repair there are some out there that are in nearly perfect shape.  One of the most important things you need to do before purchasing a foreclosed property is to do a bit of homework.  By doing some research into any problems the neighbors may have had with plumbing or flooding issues, you will get more information from a friendly neighbor than the bank might offer.  Research is the key to finding a foreclosed property that will need minimal work to become your dream home.

Where To Find Foreclosures??

Tuesday, July 19th, 2011

When the real estate market is down, finding foreclosed properties is simple. You can just drive around various communities and look for signs hanging from doors.When the real estate market is bad, foreclosed properties are advertised in the paper, on street signs and sometimes the news about foreclosed properties is even spread by word of mouth. However, what happens when the real estate market turns around? Where do you look to find foreclosures then?  The rest of this article explores ways to find foreclosed properties in any market. Weak Markets Usually weak markets have more foreclosures than strong markets. In a weak market, many homes once offered as short sales end up on the foreclosure listings and eventually deeded to the banks. Sometimes it is a good idea to wait until a property has hit foreclosure status. One reason is that your initial outlay of money could be lower with a foreclosed property. Yes, there is quite a difference in the amount of money you will spend on a home that is still being short sold versus one that has already been repossessed by the bank and is now up for sale. Finding foreclosures is as easy as looking through the classifieds. Most of the time, real estate agents specialize in one type of housing.  Another way to find foreclosures in a weak market is to drive around. Many banks or real estate agents will advertise a home that is in foreclosure openly. These signs along with droves of cars are good signs that a property is in foreclosure. Strong Markets Strong markets are different animals. When there are few foreclosures, it can be a little more difficult to seek them out, but it is not impossible. The trick with strong markets is to get an upper hand on other foreclosure investors. This can be done by calling a listed foreclosure agent and asking about other foreclosures that are not listed yet in the MLS (Multiple Listing Service) database. Many real estate agents will wait a couple of weeks before officially listing a foreclosure. This is so they can verify with the bank, the exact listing price they want on the property. By asking ahead of time, your agent can point out other foreclosed homes in your price range. Bank websites are another place to look in a strong market. Many of the national banks, such as Countrywide, Bank of America, and Chase list all of their current foreclosures on their website. While these are hit or miss, because they are on a national scale, it is a good place to start. 

No matter what market you are in at the present, finding foreclosures is not as difficult as you might think. With a little deductive reasoning and a bit of super sleuth work, you will be able to find the perfect house or project for your budget. Use those detective skills you practice while watching Law & Order to help you find foreclosure properties during a strong market. Just pay attention and you’ll find foreclosures in droves in a weak one.

Location…Location…Location is Crucial when Real estate Investing

Monday, July 13th, 2009


The world of real estate investing can get very confusing especially if you don’t have someone to guide you through. Thank God I found someone in Dean Graziosi. It is just that unless you understand the ins and outs of making a profit form real estate, you wont really understand what you are hearing. One moment it may seem like everybody is blogging, talking on twitter, or setting up a wiki that says that property is a great investment, and how it goes up in value (true), and the next moment you will be hearing how real estate investing is so volatile (and it can be).

The truth is that real estate investing is “easy” and “difficult” at the same time.  It is difficult when you have no idea what you are doing, and aren’t interested in putting in the time and effort to learn, and its easy when you have done your research, your work and everything that should be done for such a purchase.

The biggest factor that will determine whether you make  a profit from real estate  now or not is the location. You see, property prices change from community to community. This is due to the size of a community, its industry, or economic health, property laws and taxes.  This affects the value of the property and the quality of life of the people that live here. Even, the type of schools in the area influence the price of the property.

If the neighborhood is quiet, clean, and there are good schools around, then generally the price of real estate will be higher. If on the other hand the area has a lot of crime, most of the homes are run down and the area looks un-kept then the price will be cheap, but the question is do you really want to buy in such an area? Can your really make a profit from real estate now? These are questions you should ask yourself before investing in real estate in these types of areas.