Archive for the ‘Real Estate’ Category

postheadericon Buying a Home and Need a Real Estate Agent: Where To Look

If you are in the market for a new home, you may also be in the market for a realtor. If you need a real estate agent, you’ll have no shortage of options. Depending on how big of a town or city you live, you may have a hundred plus realtors itching for your business.

Although utilizing the services of a real estate agent to purchase a home is not required, it is recommended. The key is to select the best realtor to fit your needs. The wrong person can ruin the home buying experience. Always perform a mini-interview in-person or over-the-phone with all candidates; do not pick the first “professional” you come across.

If you need a real estate agent, here are some ideal places to look:

Need a Real Estate Agent?: Realtor Sites

Do a search online with the phrase “realtors” along with your city and state and you will find the online websites of local professionals. They will provide a method of contact, either a phone number or email address. Use this information to make the initial contact. Review their bio page first. Do they have a years of experience helping homeowners buy a house or is this their first month on the job?

Need a Real Estate Agent?: Recommendations

Hands down, the best way to ensure you don’t get any so-called professional, but a great realtor, is to rely on recommendations from those that you know. Whether it be a friend, a coworker, a family member, or a Facebook friend who posted about buying a new house, inquire and gather more information. Which professional did they use? Would they recommend their services to you? What where the realtors main pluses and downsides?

Need a Real Estate Agent?: Property Search

While you want to utilize the services of a realtor to help you find, examine, and buy a home, there are benefits to doing a homes for sale search yourself. Find ideal properties for sale. Provide the basic information to the realtor you do later choose. This showcases your overall wants, needs, and budget; they know what you are looking for.

You want to utilize the services of a professional who goes above and beyond. Look for realtors who place extra efforts into selling a home. Extra effort to help sell often translates into extra effort when assisting homebuyers. In addition to MLS sites, check local classified sites. Did they take the time to list properties for sale via Craigslist? Not all realtors will take this extra step.

As a word of caution, do not utilize the services of a realtor who is handling the sale of any home you are interested in purchasing. As the listing agent, they have a vested interest in seeing this property sold. You want an unbiased realtor whose main goal is to assist you and you alone.

postheadericon Qualified Note Finder Aids in Your Decision to Sell Or Create Your Real Estate Note

The keyword is qualified. Using a qualified note finder will save you precious time, effort, and money, once you have decided to sell or create your real estate note. A qualified note finder or simply “finder” has already built good relationships with all the leading note buyers, so the finder will be able to quickly find you the best quote. Instead of you going from buyer to buyer, the note finder contacts them for you and comes back to you with the highest quote.

Plus, these cash flow specialists know exactly what to look for in a real estate note (also known as a cash flow or note). A qualified note finder will be able to tell you point blank if your real estate note has value or not. If your cash flow does hold value, the finder will be able to give you a ball park projection of what your cash flow is worth. This will give you an idea right off the bat, whether or not you want to move forward with the sale of your real estate note. It not an easy decision, but a note finder will provide you with the information you need to put your mind at ease.

A qualified note finder will do this by giving you a breakdown of the whole process. The finder will let you know what to expect, and when to expect it. A finder will not offer legal advice, but will be help you understand everything involved with your note sale. When selling your note please give accurate information in regards to your cash flow. This will ensure you get the highest quote possible, and you will receive your money much faster.

If you are thinking about creating a real estate note, a qualified note finder will be able to outline the parameters that note buyers look for when purchasing a cash flow. More importantly, they will be able to connect you with a buyer that wants to purchase the real estate note after creation.

A little tip – using a qualified note finder when creating a cash flow could mean the difference between money now and receiving small payments long term. The finder knows what buyers look for in a new cash flow, so ask a finder what they think before you rush into the process. It could be a costly decision on your part. It is better to get the facts first. A finder will have the answers, and those answers will not cost you a penny. Qualified finders consult for free.

A qualified finder plays many crucial parts in the real estate note game. Two have been explained in this article. Your finder will get you a great quote for your real estate note while saving you valuable time and effort. For those of you creating new notes, your finder will outline the criteria for drawing up a valuable cash flow note. With that said, plan to use a qualified note finder when creating or selling a real estate note. Now, do yourself a favor and research before selling or creating your real estate note. Locate a qualified note finder and ask a lot of questions. I hope you come across a finder that gives you helpful information, and ultimately meets all your needs.

Robert Brown is a qualified note finder and one of the owners of Money Now for Cash Flows. If you interested in selling any type of cash flow secured by real estate, and want the facts, please get in touch with us.
Sell your trust deed or deed of trust, land contract, promissory note, mortgage note, or commercial note today.

postheadericon Finders Fees For Real Estate Investing – A Crash Course in Real Estate Money-Finding

If you’re already a real estate investor or just looking around for good ways to make money, you may have heard of people making huge amounts of money in finders fees. “Finders fees for real estate investing” would include finders fees for things like tax and mortgage foreclosure overages, and money that’s due to heirs in probate cases where real estate was left out and subsequently sold by the state.

Basically, when more is bid for a property at auction than is due on the mortgage, or due in taxes as the case may be, the overage in most cases is due back to the owner. But as you can imagine, many times the owners just assume they’ve lost everything, and move on, avoiding as much contact with anyone having to do with the foreclosures as possible. Unfortunately for them, if they don’t figure it out in time, the money is lost. These owners are the best to target for finders fees for real estate investing.

Unlike other unclaimed funds that are held by the state, due to a legal loophole that few have discovered, this money is not governed by state law. This means there are no limits on what you can charge for your finders fee. People working the business currently are charging 30-50%, and their right to do so has been upheld by court cases in several states.

Find the records of these funds, do the legwork to find their missing owners, and connect the two, and you stand to earn up to five figures per transaction. Since real estate overages frequently run into the tens of thousands of dollars, and more overages are being created every day, you could easily turn finders fees for real estate investing into a full-time, six-figure per year career.