Even the stars are not immune from today’s hard hitting real estate market. Kelsie Grammar recently sold his Los Angeles home for $3. 3 million. This was almost 20% less than he paid for it in 2007. The 7,600 square foot home was constructed in 1999 and sat on 1. 5 acres in Bel-Air, with gorgeous canyon and city views. Adding insult to injury, Grammar was forced to lease another home after it failed to sell for $18. 9 million. This recently renovated, English-style manor in Holmby Hills has a cobblestone driveway, pool and media room. He paid $13. 7 million for the home in 2007. Mauricio Umansky, of Hilton & Hyland/Christie’s Great Estates was the listing agent for Mr. Grammar. Tom DeLonge of band Blink-182, just lowered the selling price of his San Diego home to $5. 1 million – over 20% less than his original purchase price and subsequent $1 million spent on renovations. Continue reading Real Estate Woes of the Rich and Famous
Considering it is still a relatively small town with a population of 7,116, Prosper has a lot going for it. It has a relaxing small town feel where people can come home and feel they’ve escaped from the hustle and bustle of their busy day. The public school system with a student-teacher ratio of 12:1 is one of the most sought after in the area. Plenty of shopping is located only minutes away, as are the highways leading to the Metroplex. Originating as a small master planned community, Prosper has expanded and spread its wings, and now the secret of this hidden gem is leaking out – Prosper’s projected growth is estimated to reach almost 85,000 by the year 2035. One day, real estate prices in Prosper will be out of reach, but for now, home prices hover from the $300s to over $2 million. Continue reading Prosper Real Estate Buffet
The view from the other side of the foreclosure doorWalking up to a person’s home to evict them is never an easy job. Even though those of us in the foreclosure field are not the ones who have made the bad choices, or caused the bad luck, leading to this terrible moment, we are still regarded as the bad guys. It is definitely one of those cases when just by being the messenger, you take the brunt of emotions the people you are dealing with are feeling. The typical day for a foreclosure specialist is filled with bargaining, tears, threats and sadness. How it all beginsHere is how it all starts. Homeowners have defaulted on their mortgage, they are no longer able to make their monthly payments and haven’t for a while. The bank with the home loan contacts a foreclosure specialist in the area and hands over the case. The ball is in our court. We must now run an analysis on the property in question. Next, we contact the homeowner and give a choice of two options. The homeowner can take us up on a cash for key incentive, meaning they have an offer like two weeks to be out of the home in exchange for $1000. Continue reading Real Estate Bad Guys: A Day in the Life of a Foreclosure Specialist
If you want a quick house sale, you will find that the traditional method of selling through an estate agent is not without its drawbacks. You risk the possibility of the property chain breaking down or the buyer of your house pulling out at the last minute. There are a number of things that you can do so that your house sells fast: – Spring clean – this doesn’t cost anything, but even if your curtains and carpets need professional help, it will be worth the money and help your house sell fast. De-clutter and de-personalise – A quick house sale will depend on how much it feels like home to your potential purchasers. Throw or give away what you don’t need and store everything else neatly in your cupboards. Serious buyers are likely to look inside of these as well. If they are overfull, buyers may assume there is not enough storage for them. Don’t ruin your chances of a quick sale because of this. Go neutral – colour is personal to the individual and differences in personal taste can affect your house sale. If you create a blank canvas for your buyer, it will be easier for them to visualise how they can make your home into their home. Maintained – make sure you have no unfinished DIY, if you want a quick house sale. Every time a buyer encounters a problem that he thinks needs fixing, he will mentally be reducing your house price. First impressions count – view your house from outside and see how it compares with the others in your street. Maybe a few simple measures are needed, like cutting the grass or trimming the hedges. Make sure there is a purpose for each room and above all make sure your house smells nice. Cooking, smoking, pets, damp, and blocked drains can all prevent you from getting a quick house sale, especially here in the UK. Does all this sound too much, well there is an easier way. There are quick house sale specialists, cash buyers, who offer to buy your house fast, no matter what condition it is in. One such company is An Instant Sale. They understand that there are many reasons for needing to sell your house quickly, like chain breaking, bereavement, ill health, divorce, relocation, debt, repossession, retirement or an inheritance. They will work with you to find a solution for any problem and may be able to give a provisional offer for you home within hours. A quick cash house sale can be achieved throughout the UK in as little as a week, but it will always be in a time frame suitable to your self and family. Thus giving you the speed and certainty, which you cannot achieve with a traditional sale with and estate agent.
My friend was encouraging me to try getting into real estate property. We were discussing over lunch on careers that make big money, and he said that the money was in property for sale. He recounted a story wherein he was able to get a huge cut for recommending a potential buyer to an agent. And he meant huge! It was playing around a percentage of a million dollars, which was equivalent to, say, a whole year salary of a typical rank-and-file guy. I think a career in the real estate industry is promising, especially with a lot of developments happening all over the metro. Suddenly, condominiums and themed townhouses (Venice-themed, American-style, etc. ) have sprouted up, offering accessibility along with the latest amenities that surely will prove enticing to the new-moneyed yuppies and families. A real estate property investment is a wise choice, come to think of it, and with the rising costs every year, making the choice now is a very good move for a lot of people. Real estate definitely sounds interesting. I mean, aside from the fact that you’d be having a house away from the grime and pollution of the city, if you’re business-minded enough, you can rent the place to tourists or vacationing friends. Well, instead of letting it waste away without anyone living in it, why not let others enjoy it, and earn your self cash along the way, right? It’s a cut throat industry, my friend said, but then again, the rewards are worth it. Check out some Display Home sites, if you want to see a wide selection of new homes for sale as well as to choose for your home designs that you are always dreaming of. With those listings that you can choose from, contact them or send a message if you want further information in regards with your real estate property.