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	<title>Real Estate Blog &#187; Real Estate</title>
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	<lastBuildDate>Sat, 24 Sep 2011 04:48:42 +0000</lastBuildDate>
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		<title>How to Negotiate Contract Contingencies</title>
		<link>http://www.listhouse.com/blog/how-to-negotiate-contract-contingencies/</link>
		<comments>http://www.listhouse.com/blog/how-to-negotiate-contract-contingencies/#comments</comments>
		<pubDate>Sat, 07 May 2011 06:53:20 +0000</pubDate>
		<dc:creator>admin</dc:creator>
				<category><![CDATA[General]]></category>
		<category><![CDATA[Contingencies]]></category>
		<category><![CDATA[Contract]]></category>
		<category><![CDATA[Real Estate]]></category>

		<guid isPermaLink="false">http://www.listhouse.com/blog/?p=25</guid>
		<description><![CDATA[What is a contingency first and foremost? A contingency is really a &#8216;condition&#8217; so to speak in which is made part of a real estate contract such as the purchase of a home is based solely on the premise that the buyers primary home sells, or that the purchase is based upon the homes appraisal, [...]]]></description>
			<content:encoded><![CDATA[<p>What is a contingency first and foremost? A contingency is really a &#8216;condition&#8217; so to speak in which is made part of a real estate contract such as the purchase of a home is based solely on the premise that the buyers primary home sells, or that the purchase is based upon the homes appraisal, home inspection, or ability of the buyer to obtain mortgage financing or down payment.</p>
<p>In real estate contracts, contingencies are not uncommon in the least as some can be major setbacks for the seller or the buyer or just minor ones. The many common contingencies above are pretty much normal. Let&#8217;s say that a buyer submits an offer to purchase contingent upon whether or not their existing home sells, in addition there is a backup offer from another buyer that has no contingencies in the offer they submit. More often than not, the seller will accept the backup offer if the waiting period of the first offer exceeds what is stated in the first contract. Another scenario is that a buyer may present an offer to a seller in which there is a contingency in the contract but there is a stipulation in the contract that the home must appraise for at least the purchase price, and if not, the offer is withdrawn.</p>
<p>Or, if the seller receives an offer to purchase with a contingency that the buyer must be approved for mortgage financing and then they are not, well the seller already is fully aware of this condition and can then proceed to accept additional offers from buyers who are ready, willing, and able. There could also be a contingency in a contract that the purchase of the home will be based on the outcome of a satisfactory home inspection. Upon the results of the home inspection, the seller&#8217;s response to it could be that they will repair or replace issues in which arise, or maybe they choose not to. Or perhaps the contingency is based on the fact that the home inspection must be done within a certain time frame, such as seven to fourteen days, and it not completed during that time, then the offer to purchase becomes null and void after the normal three day period in which the buyer has the right to review the inspection and report to the seller any derogatory issues that arise.</p>
<p>Issues could include things like the home looks absolutely perfect and pristine but after the inspection it shows termite infestation which is reported to the seller who opts to not treat the home, resulting in the buyer withdrawing the offer with no repercussion legally. If the seller chooses to treat the home, then both buyer and seller negotiate how that will be handled within the real estate transaction or with a credit for treatment at closing. Or, the roof may look perfectly fine from the curb, but the home inspection reveals that there are roof tiles missing, and water leaking in the attic due to the missing tiles. The seller again has the choice of either making the necessary repairs prior to closing, or the buyer can be credited by the seller at closing the amount needed to repair or replace the roof. Additionally, there are instances where the inspection comes out clean with minor repairs that need to be made, which then the buyer and seller can negotiate how these repairs will be made, which must be included as part of the real estate contract again whether or not they be done prior to closing or as a credit at closing.</p>
<p>Again, contingencies are usual suspects in real estate transactions and can be looked upon as the tennis match of negotiation between both the seller and the buyer. Contingencies are nothing to be nervous of or leery of in the least, however if questions arise by either party they must be addressed and handled most importantly licensed real estate professionals, who work diligently and ethically on the behalf of the parties they represent. As a seller or a buyer of real estate always be sure to thoroughly review each and every line of the offer to purchase and contract which can prevent any future issues or misunderstandings that may arise.</p>
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		<item>
		<title>Why Do I Need to Use Single Property Websites?</title>
		<link>http://www.listhouse.com/blog/why-do-i-need-to-use-single-property-websites/</link>
		<comments>http://www.listhouse.com/blog/why-do-i-need-to-use-single-property-websites/#comments</comments>
		<pubDate>Tue, 29 Jun 2010 06:43:55 +0000</pubDate>
		<dc:creator>Fred Peters</dc:creator>
				<category><![CDATA[General]]></category>
		<category><![CDATA[Property]]></category>
		<category><![CDATA[Real Estate]]></category>
		<category><![CDATA[Websites]]></category>

		<guid isPermaLink="false">http://www.listhouse.com/blog/why-do-i-need-to-use-single-property-websites/</guid>
		<description><![CDATA[It&#8217;s a valid question, there are plenty of large real estate property portals already covering the Australian real estate market and every agent worth the name has a company site where they list the properties on their books -But to dismiss single properties websites because of these arguments, is to miss the point completely!So How [...]]]></description>
			<content:encoded><![CDATA[<p>It&#8217;s a valid question, there are plenty of large real estate property portals already covering the Australian real estate market and every agent worth the name has a company site where they list the properties on their books -But to dismiss single properties websites because of these arguments, is to miss the point completely!So How will they help you Get More Listings and Sell More Properties?</p>
<p>Firstly, a unique website domain name that ties up with your property address should be looked on as another small piece of real estate, albeit of the virtual kind, but at a fraction of the cost of the real thing AND with the potential to gain mass exposure for your real estate property listing throughout the internet if marketed correctly.</p>
<p>A single property website should make it</p>
<p>• easy for buyers to remember the address of a property</p>
<p>• simple as to visit the property&#8217;s website for details &#8211; Neither claims a Real Estate Agents Property ID No. can make!</p>
<p>• effortless to contact the listing agent to arrange an inspection</p>
<p>Secondly, if you&#8217;re an agent, before you ever get to list a property, you&#8217;ve got to sell yourself to the client.Your single property, real estate listings websites help you do just that, and as such, should be regarded as a dynamic tool to help you secure more listings in the first place.</p>
<p>Let&#8217;s face it, even the smallest town usually has at least two real estate agents and then within each office, 3,5,7 or more agents all chasing the same listings.</p>
<p>What you need today, more than ever, is an edge, a point of uniqueness that compels the vendor to choose you, above all the other agents, to market their property.</p>
<p>I read a lot of estate agents discussing the pros and cons of single property websites and to a certain degree, they seem a bit hung up on the SEO aspects of whether to use them or not, whether they help or harm the company sites they link to, how hard it is to get them ranked in the search engines etc. and some of this is true, however, again this is in my view missing the point.</p>
<p>They are just one weapon in the real estate agents arsenal, to be used in conjunction, not competition, with traditional media, to not only promte and market your listings but to ensure you don&#8217;t lose out on them in the first place.</p>
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		<item>
		<title>Useful Guidelines in Selling Your House</title>
		<link>http://www.listhouse.com/blog/useful-guidelines-in-selling-your-house/</link>
		<comments>http://www.listhouse.com/blog/useful-guidelines-in-selling-your-house/#comments</comments>
		<pubDate>Tue, 10 Nov 2009 07:41:38 +0000</pubDate>
		<dc:creator>Andy Johnson</dc:creator>
				<category><![CDATA[Buyers & Sellers Tools]]></category>
		<category><![CDATA[Property]]></category>
		<category><![CDATA[Real Estate]]></category>
		<category><![CDATA[Vacation Houses]]></category>

		<guid isPermaLink="false">http://www.listhouse.com/blog/?p=14</guid>
		<description><![CDATA[Nowadays, selling your house may seem difficult. This is especially true because of the economic crisis inflicting the country. The home values are flat and it is obvious that the real estate market trends are moving downwards. As unbelievable as it seems, there are still methods you can carry out to make this process a [...]]]></description>
			<content:encoded><![CDATA[<p>Nowadays, selling your house may seem difficult. This is especially true because of the economic crisis inflicting the country. The home values are flat and it is obvious that the real estate market trends are moving downwards. As unbelievable as it seems, there are still methods you can carry out to make this process a little easier. It only takes a little innovation and creativity on your part to be able to encourage a higher sale price for your home. </p>
<p>Creativity is the key in successfully selling off your house even in a struggling real estate market. Keep in mind that there are thousand of other homes in the market out there. Even if your home is a Carlsbad real estate property which offers charming sandy beaches and is a prime location, you still need to think of a way to separate yourself from the competition. Be innovative in putting up signage and remember that advertising is very important. Make use of noticeable color signs in which buyers will be able to take interest in buying your property.</p>
<p>You must also understand the true worth of your home. Although you love your home, this does not mean you can sell it for a much higher price than what it is truly worth. To increase the appeal of your home, do cost-effective preparations. Make sure that everything inside your home is fixed and every room is cleaned. As economic times are hard, it is a good idea to change certain terminologies that might sometimes scare potential buyers. For instance, instead of putting up a sign for a sale, change it to the word auction. In this way, your buyers will be building up images in their mind of a home with an economical price and flexibility rather than one with a high price tag.</p>
<p>It is significant that you also determine who your potential buyers are. As soon as you resolve this issue, you and your agent can now establish the advertising strategy you have to work on. For example, if you have a Carlsbad real estate property and decided upon targeting families who wants vacation houses, you should advertise your home with features that appeal to them. Traditional methodology has often recommended listing your house higher than the true rate to prepare for a lower price later on. However, this is no longer a good strategy because it can definitely discourage a future client. People have a tendency of going for a much lower price because of the economic crisis and this will be a disadvantage for you. List your house in its true worth and start the negotiations from there.</p>
]]></content:encoded>
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		<item>
		<title>Real Estate Information Sources</title>
		<link>http://www.listhouse.com/blog/real-estate-information-sources/</link>
		<comments>http://www.listhouse.com/blog/real-estate-information-sources/#comments</comments>
		<pubDate>Fri, 10 Jul 2009 08:23:22 +0000</pubDate>
		<dc:creator>Gregg Hall</dc:creator>
				<category><![CDATA[General]]></category>
		<category><![CDATA[Property]]></category>
		<category><![CDATA[Real Estate]]></category>
		<category><![CDATA[Real Estate Investing]]></category>

		<guid isPermaLink="false">http://www.listhouse.com/blog/?p=12</guid>
		<description><![CDATA[Knowledge is basically the most important key to success in any industry and specially in real estate investing. Even if you know some of the basic techniques in real estate, then you can successfully buy the best property or home without any down payment. However, increasing knowledge among people has no longer kept real estate [...]]]></description>
			<content:encoded><![CDATA[<p>Knowledge is basically the most important key to success in any industry and specially in real estate investing. Even if you know some of the basic techniques in real estate, then you can successfully buy the best property or home without any down payment. However, increasing knowledge among people has no longer kept real estate investing a specialty of wealthy businessmen only. Today, real estate investing has become a very common financial motion for almost every individual. This change is basically because of the concentration and elimination of company pension plans. Personal investing guides have also replaced these plans as they have become the preferred plans to retirement.</p>
<p>Real estate investing books would literally increase your potential knowledge and information in the real estate investing field. Generally speaking, the people who write these books are the ones with experience in real estate industry, and thus they write from personal experiences. There are also real estate investing guide books that are published in electronic format, which are known as Real estate E-books. Real estate investing books would offer you almost all the possible information that is used by professional real estate investors. If you have only recently entered the real estate market then it is important that you posses the required important information which can be found in these real estate investing books.</p>
<p>Real estate investing includes various categories and sub-categories and there is plenty to learn in the real estate investing market. Although you might find real estate investing books a good source, finding information over the internet is a better idea. There are tons of websites on the internet, where you can find the desired information. You can even find real estate companies online who would keep you alert with the latest happenings in the real estate industry. If you are planning to buy a property or need to invest in real estate, then an online source would then be your best option. Most of the online real estate companies have a great source of real estate listings that you can refer to. </p>
<p>Apart from these information sources, you can also opt for a real estate investing course. You probably could get the most out from a real estate investing course, but you just have to choose the right one. If you are really interested in discovering all the inside secrets of real estate investing, then a real estate investing course can teach you just that. The best part is that that are a number of real estate workshops, classes and courses that educate and offer the required information about the real estate investing market. You just have to choose the right course that would fulfill your need and make you a better real estate investor or help you make a great decision. </p>
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		<title>How To Find Foreclosure Listings On Web</title>
		<link>http://www.listhouse.com/blog/how-to-find-foreclosure-listings-on-web/</link>
		<comments>http://www.listhouse.com/blog/how-to-find-foreclosure-listings-on-web/#comments</comments>
		<pubDate>Mon, 20 Apr 2009 03:22:18 +0000</pubDate>
		<dc:creator>admin</dc:creator>
				<category><![CDATA[Foreclosures Listing]]></category>
		<category><![CDATA[Foreclosure Listing]]></category>
		<category><![CDATA[Internet]]></category>
		<category><![CDATA[Real Estate]]></category>

		<guid isPermaLink="false">http://www.listhouse.com/blog/how-to-find-foreclosure-listings-on-web/</guid>
		<description><![CDATA[With the market it a well publicized slump these days, many people are quite wary of getting involved in a real estate purchase. Low property values and the fear of not making a worthwhile investment hold many people back. Foreclosure listings are very useful, very essential for those in the real estate business particularly interested [...]]]></description>
			<content:encoded><![CDATA[<p>With the market it a well publicized slump these days, many people are quite wary of getting involved in a real estate purchase. Low property values and the fear of not making a worthwhile investment hold many people back. Foreclosure listings are very useful, very essential for those in the real estate business particularly interested in buying and selling homes that are under foreclosure.  Real estate agents find foreclosure homes very profitable rather than a brand new property where they have to start right form the beginning. Also, the profit margins gained through foreclosed properties are certainly higher than other types of properties.</p>
<p>Such dealers buy foreclosed properties at a price well below the market value and resell them at a much higher value. These types of real estate agents mostly rely on the foreclosure listings or foreclosed properties provided by banks and government based agencies.</p>
<p>Foreclosure listings basically contain detailed information regarding the location, address, status of the foreclosed property and the foreclosed value. At times, the listings may also contain information on the type of foreclosure being used, liens, if any, on the property and the person to be contacted. These listings are posted for free by the banks and other agencies because they would like to dispose of these assets as soon as possible.</p>
<p>There are free government foreclosure listings which range from a simple single house suited for an ordinary individual to big deals suited to big icons. Government foreclosure listings offer details about foreclosure resources, the kind of deals that can be ventured into and bidding them.  But, there are web based services which charge quite an amount as membership fees to allow access to their database. People who are in search of finding a foreclosed property and investing in them find such foreclosure listings very useful. Listings also help them to compare various offers available at various places.</p>
<p>Foreclosure listings have undergone many modifications and with the help of search engines, it is possible to see properties according to certain type of foreclosure process. All the matters pertaining to foreclosure properties can be obtained through the listings that are available in the internet that provide in-depth, up- to -date data regarding the area, details and pricing. Some of the banks also provide foreclosure listings while some others prefer to maintain its secrecy.</p>
<p>Of course, foreclosure listings are available on the local newspapers. Free real estate magazines are another source of information on foreclosure listings. It is widely agreed that investing in foreclosed property is a good decision not only for real estate agents but also for those who just want to invest their money in some property or for those who really want to reside in a purchased home bought at an affordable price that suits their budget.</p>
<p>Foreclosure Listings are freely available on most housing websites and auction sites where the complete information is displayed with the price of the property. Buyers for foreclosure properties auction can search on various online websites which feature current and post foreclosures and are ready to auction the property. The buyer can also compare prices by checking similar option on the new and this shall help save loads of money.</p>
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		<title>Ways To Buy A Commercial Property</title>
		<link>http://www.listhouse.com/blog/ways-to-buy-a-commercial-property/</link>
		<comments>http://www.listhouse.com/blog/ways-to-buy-a-commercial-property/#comments</comments>
		<pubDate>Mon, 20 Apr 2009 03:18:09 +0000</pubDate>
		<dc:creator>admin</dc:creator>
				<category><![CDATA[Commercial Properties]]></category>
		<category><![CDATA[Buyer]]></category>
		<category><![CDATA[Commerce Property]]></category>
		<category><![CDATA[Real Estate]]></category>

		<guid isPermaLink="false">http://www.listhouse.com/blog/ways-to-buy-a-commercial-property/</guid>
		<description><![CDATA[Nowadays, everyone is looking for the easiest way to learn for how to buy commercial properties. Most people keep asking as what they should do, so that they can buy their commercial property.The answer to all such questions could be that: you should be aware of all the rules and regulations of the game. Buying [...]]]></description>
			<content:encoded><![CDATA[<p>Nowadays, everyone is looking for the easiest way to learn for how to buy commercial properties. Most people keep asking as what they should do, so that they can buy their commercial property.The answer to all such questions could be that: you should be aware of all the rules and regulations of the game.</p>
<p>Buying a commercial property can be the best thing you have ever done, or the worst depending on who you are and what you are looking for.  Buying a commercial property should be a process instead of something that you just rush into because you have decided on a whim that you would like to own such a property. Take the process slowly and be very thoughtful throughout the process to have the best experience possible.</p>
<p>Start out by creating a list of the things that you would need in a commercial property.  What size building or space do you need or want to buy?  Do you want a building that has tenants or do you want one that is empty?  These are important questions to ask yourself because it will help you decide what type of property you should be looking at.</p>
<p>Once you establish what you want in a commercial property you have to look at the financial aspects of the purchase.  It will probably be necessary for you to talk to a mortgage broker who can help you determine how much you can afford and what lenders will be willing to work with you.  It is a good idea to get pre-approved before you start shopping.</p>
<p>Once you have been pre-approved you should find a realtor who specializes in commercial property.  Tell the realtor what you are looking for and ask them to help you find a property that will be easy to rent to if you are buying to rent out the property and in an area of town that will be noticed.  When you have found a property you are interested in, determine if you will need to hire a property management team, or if this is something that you can do on your own, or if it is even needed.</p>
<p>Buying commercial properties is an ideal means of investment and it can offer some real profit. Some professional financial analysts have also proposed that the price value of commercial properties will meet a substantial increase over the following decade. It will be a wise option to invest your money in commercial properties if you want huge profit. Keep in mind, before investing in commercial properties, decide in advance the time period that you are willing to own the property.</p>
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