House Investment

Investing In Bank Repossessed Houses


Dealing in bank repossessed house investing may not be as difficult as you think. Yes, real estate investing in general can sometimes be complicated since there are a lot of things that you should be considering.

The great thing about bank repossessed house investing is that you do not usually be dealing straight with the real estate agents when you are buying a repossessed home property. Banks will usually take the place of real estate agents since they are in supposed ownership of the foreclosed real estate property for the meantime.

As with most repossessed real estate properties being a result of a homeowner defaulting on mortgage payments, banks consider such properties as somewhat of an asset that needs be immediately liquidated in order to prevent further losses from their own investment.

Because banks would want to get rid of repossessed homes in their hands as soon as possible, investors have the upper hand in trying to get a better deal at the end. Investors may be able to bargain with the banks in order to get the most attractive purchase price that they can offer. In the long run, this will translate into a higher profit once the investor puts it up for resale on the real estate market later on.

Another good thing about bank repossessed house investing is that they are fairly easy to look for. There are hundreds of homeowners who are defaulting on their mortgage payments. What may be a difficult time for a homeowner might be an attractive opportunity for a real estate investor. In order to find such homes, it can be as simple as calling your local bank and inquire for available repossessed home properties currently in their listing.

This can also be available online as well as on newspapers and real estate magazines. There are thousands of such opportunities for investment available out there. All you need to do is take on the challenge yourself and be a part of such an attractive investment opportunity.


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Do You Really Want to Rent a Moving Truck For Your Move?


Renting a moving truck for a local move or a long distance move sounds like a great way on paper to move and to be moving on time! When you think about it, it sounds like it puts the whole relocation process in your total control. You get a truck; you load it up and hit the road to your new destination. In fact, it can be really great if you have just a couple of things to move AND you can do absolutely EVERYTHING yourself. A moving truck rental might make getting your bed, dresser and desk back from college to your house that’s maybe an hour away sound so easy!! Maybe your buddies can help you get it all in the moving truck and into your home on the other end. It’s not expensive furniture so its not big deal! You’re also not driving too far with the moving truck and it’s just a small truck like a van, so it’s also easy to drive. So this sounds like no big deal, right? WRONG!!

It can turn into a really big deal, when you find out how much it really will cost you!! There’s the rental, the gas (whoops, they didn’t tell you about that), insurance. That’s money out of your pocket and a hidden charge that makes your move more expensive. Also, what happens if there is traffic and you can’t get the moving truck back on time? WHOOPS!! That will cost you too! (Come on man you know what the Long Island Expressway is like at 5 in the afternoon!!) Oh NO!! I forgot to refill the gas tank! (You just KNOW they have the most expensive gas station in America!)

In the end, did it really come out any cheaper renting a moving truck and going through all the hassle, then having a full service moving company come and pick it all up and deliver it to your home and have the move done on time?

When you are planning a move there are so many things to take into account and most of us have a lot on our minds and one of the things we need most of all is peace of mind. Moving and moving on time is considered one of the most stressful experiences known to modern man. Most of us have much too much on our minds to deal with all the details involved with moving on time and renting a moving truck. Not only that, there are so many factors involved! Do you have kids that will need to start a new school and make new friends? I have to start my new job in only a week and it’s a 6 day drive! Do you know how to load up the truck so there will be no damage? Do you even know how to drive a moving truck? Did you ever drive a truck for hundreds or thousands of miles? Are you going to be nervous with the truck standing out there when you make a pit stop for food or at a motel along the way when you go to sleep? (You’re not going to get any sleep if you’re worrying and you don’t want to drive a moving truck when you’re tired.) Am I going to be able to be on schedule? I only have the truck for a week to cross the country? Moving on time is not so easy, is it!

When you rent a moving truck, you need to take into account the TRUE costs and the extra and hidden charges that are involved. The moving truck rental companies will charge you for everything and anything. There is the charge for the moving truck itself, a nice big charge for the mandatory insurance and any equipment you will need such as dollies or moving blankets. Did we even mention that you also need to buy gas and return the truck with the same amount of gas as you got it with?

Let’s add in to this that you need to pay for all those tolls? You need to eat and sleep along the way and the moving truck is nothing like my car, (can’t drive it over 50 MPH and the wind is blowing me all over the road!)

Another important thing to consider when you are renting a moving truck is LABOR. You have a big move, a 3,4 or 5 bedroom house. You have spent WEEKS packing boxes and preparing for the move. Are you going to be able to get everything out of the house, load the truck properly? What will happen if the moving truck isn’t big enough? Will I be able to unload the moving truck, get all of the furniture into place and all of the boxes into place all alone? You need to get the new house set up as quickly as you can, so you need to hire moving labor! (Remember you’re kids need to be in school in only a few days!) Moving labor is VERY expensive. This will cost you on each end hundreds of dollars and you will still have tons of aggravation! (These guys they sent me look like bums off the street and I don’t want the anywhere near my wife and kids!) That’s a lot more money out of your pocket.

In the end, renting that moving truck turned out to be really expensive. It wasn’t the bargain you thought it would be and moving on time and meeting a schedule turned out to be impossible.

A full service moving company is the answer. A licensed, bonded and insured moving company would have met all of you needs. They have the knowhow to prepare your furniture for the move AND supply all the moving blankets that cost you hundreds of dollars to rent. They have the dollies and equipment needed to move everything (you had to rent that too). A relocation company knows how to load all of your belongings on the truck and make sure there will be no damage (and if there is, they gave you moving insurance that will cover it.) The long distance or local mover does all of the driving and they know how to drive trucks! The moving company will also unload all of your belongings, reassemble all of the furniture and get all of your boxes into the right places for you to unpack at your leisure. Best of all, when you get a quote from a moving company you will KNOW up front what’s involved and you will be moving on time and meeting your schedule. Most important, you will see that moving on time with a licensed, bonded and insured moving company cost you no more then that moving truck rental did!

So, take some time and really think about it. You are moving. How do you want to have this move done? Rent a moving truck or have a full service moving company do this for me and be sure that you’re moving on time? Where do I really save time, money and aggravation?


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Luxury Homes

Should You Go Green When Furnishing a Luxury Home?


Living in a luxury home means being afforded other non-traditional luxuries, as well; the ability to improve the environment and limit your carbon footprint by “going green.” People assume that “living green” means giving up modern conveniences, depriving oneself of nice things or putting much more time and energy into the environmentally-friendly movement.

In fact, it is a lot easier to go and stay green with technology making the incredible strides that it is.

Furnishing a luxury home in a more eco-friendly way can be done in four easy steps:

1) Think: sustainable wood. This is much easier on the environment because it does not involve stripping forests and carelessly cutting down bundles of trees. In fact, it could be called recycled wood; it is often taken from old furniture and refurnished into something new. Reasonably priced, you can find just about anything made from sustainable wood.

2) Think: recycled materials. This is actually a growing trend in the modern environmentally-friendly home. Lines of furniture are being promoted, all from recycled materials. Anything can be recycled and add something unique to your luxury home.

3) Think: durability. Choose furniture that is going to last you a while. If you are constantly having to replace furniture, it takes much more time and energy than finding something to do the job for a good while. In fact, tired furniture doesn’t need to be tossed right away; a nice new paint job can spruce anything up again. If you do have to throw it out, think about making it a hand-me-down instead.

4) Think: bamboo! Bamboo is one of the greenest materials that can be used because it grows so quickly! It is easy to grow and replace, making it difficult to run out of. It is durable, can withstand weathering and the normal wear and tear of a household. It’s great for outdoors, but makes a great indoor set of furniture, too.

In the end, the environment cannot be replenished as quickly as most would believe; we need to do our part to make sure we are not going without in generations to come. Individually, we can do our part to be more eco-friendly around the house. Furniture has never been greener, and taking advantage of it is easy. Luxury living is nothing but enhanced by furnishing your home in a way that is environmentally-conscious. Along side the issue of “greener” furniture, there are luxury items that have gone green, as well:

1) Logitech has come out with a new cordless/wireless solar keyboard that has panels allowing charge using indoor or outdoor lighting. Disposable batteries, countless tangled wires are a thing of the past!

2) The new WeWood watches put the “luxury” into luxury living. These watches are made out of sustainable wood and are charming and beautiful items to have. They are 100% recyclable and biodegradable, making them a very eco-friendly addition to any home!

3) In the same way, there are now earphones made entirely of sustainable wood. Playing off of the excellent resonation quality that is food in wood, the earphones are recyclable, convenient and very green.

Technology is a big reason why the environment is suffering so much; electronic goods are the cause of much waste that piles up, not recycled, each year. Technology is also a great tool for becoming green and maintaining that lifestyle in the home, it just depends on how it is used. Be cautious, get informed and think greener when transforming your house into a luxury home.


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House Investment

Building Your Own House – Investing in Solar Power

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Some of us are fortunate enough to consider building our own house. When deciding for a new house, we must consider a lot of different options and one of the facts we need to consider is also if the house will still be useful after few decades. To make sure we are going to be able to use our house for as long as possible with as little cost as possible, we need to make sure to build in as much green energy as possible. In this article, I would like to present you why I believe you should consider investing into solar power.

The fact is that the best time to invest in solar energy is when you build your house and not few years later when solar energy becomes more popular. If you want to use solar energy in the future, you need to think about that now. I’m not saying it will be impossible, but it will be much more expensive and frustrating to build in solar power when the house will already be built.

Other reason are savings – with solar power, you will be able to evidently cut back your electric bill. Why would you want to start saving money after few years and not now? One of obvious reasons is the investment itself – solar panels cost money. Yes they do, but who knows whether they will be cheaper in the future or not. They might get so popular that they will be more expensive. Not to mention the fact that electricity won’t get cheaper (it will probably be much more expensive, especially if we will use it as fuel for our cars).

When you have decided that solar panels are correct choice for you, make sure you build home that will make good use of produced electricity (good doors and windows, low energy kitchen appliances…). In few years, when solar panel investment will pay off, you will notice how much money you are saving.


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The History Of The Pods Moving Container


Gone are the days when a mover’s only means of relocating was through the use of a rental truck. The stress of being rushed, not to mention the long drive ahead, made moving a nightmarish experience. However, in recent years, stress has been alleviated through the use of portable on demand moving units, called pods. Perhaps the desire for a stress-free, accommodating move is what inspired the making of the pods moving container.

The PODS® company, founded by Peter Warhurst in 1998, was initially a family storage business. Recognizing a need for practicality, pods were made available in several sizes and advertised as storage units. These units, in the beginning, were kept at storage facilities and not transportable. However, Warhurst made it a challenge to make pods more appealing to the public, which inspired the invention of Podzilla™.


Podzilla™, a hydraulic lift system, was designed to provide operators a quick, easy method when lifting and transporting pods. A lift system is needed because moving pods, conveniently, sit flat on the ground, allowing the mover to simply walk into the pod, without the use of a ramp. This feature alone contributed to PODS® success and the appeal of the moving pod.

The effectiveness of the pod is what led other major moving companies to offer a portable moving and storing solution. U-Haul® offers a portable moving unit, the U-Box™, which can hold up to 2,000 pounds. U-Pack® offers the Relo-Cube™, which is designed to ideally fit a standard-sized parking space. Both the U-Box™ and Relo-Cube™ offer the same easy delivery and pick-up options as PODS moving pod.

Due to the success of moving pods and other portable units, there has been a decrease in moving truck rentals. Moving trucks, while able to hold 6-7 rooms of furniture and belongings, are a headache to load and can be difficult to maneuver. Some movers prefer renting several pods, or units, just for the convenience they offer. With life being so hectic, it seems anything that can make a move less difficult is welcomed.

Since the late 1980s, moving pods have been seen in driveways and on highways, storing and transporting belongings, and for good reason. In this fast paced world, a moving pod offers the mover a chance to step back, evaluate and assess the situation, without being rushed or pushed to meet a deadline. While moving trucks remain a major moving method, pods moving containers are swiftly gaining popularity.


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Luxury Homes

Philippine Luxury Homes


People from all sides of the world are now visiting the Philippines because of the country’s simple beauty and colorful sights. As a tropical country, the Philippines also boast more than 7,000 islands, all with expressive culture, good food, great beaches, and even better hospitality and service. In line with this, the native Filipinos and foreigners alike, together with Filipinos that are working abroad are now thinking of their next step when it comes to property investments.

Philippine luxury homes may be the answer to a better retirement, an inevitable investment, or just the answer to one’s happiness. Whatever the reason may be, this would be the perfect time to search for the right luxury home here in the tropical islands of the Philippines. Everybody knows how life is set at a much slower pace in the country, especially in the provinces. This may be what people would want– a slower pace in life, to be able to enjoy life’s simpler pleasures.

Several property industries are set to give the Filipino people a taste of their own country. By slowly investing on large residential and commercial lands and turning it into paradise, these property giants really know what they are doing. Philippine luxury homes can be found anywhere in the Philippines, from the outskirts of the city, to luxury homes beside business districts and important landmarks. Either way, people would easily recognize the sumptuous environment that these luxury homes have to offer.

Large open areas, gardens, or golf courses may be the background sights for the luxury homes here in the Philippines. Of course, future residents may only want to see the bareness of their environment, so as to lessen the feel of being busy and the feel of clutter around them. Tranquil and calm would overall define Philippine luxury homes here, simply because of the atmosphere that they are working on.

Generally defined as something conducive to pleasure and comfort, luxury is something that Filipinos would surely love. Given the fact that Filipinos enjoy comfort and fun, a luxury home might be the next target for the Filipino family’s future plans. On the other hand, overseas Filipino workers may also give interest in investing on luxury homes in the country. With the right payment schemes and the perfect home, overseas workers would surely give in and invest on a home that, in the future, would make them see and catch up on the beauty and wonder of their own country. For foreigners, this would be an opportunity for them to witness how grand it is to live in a tropical country such as ours. By living in a luxury home here in our country, they would surely live in style without spending much, while they enjoy our environment, as well as our people, and forget their 9-5 daily work routine back where they used to live. Indeed, Philippine luxury homes might change the life that one lives, and would open one’s eyes and make them see the beauty of what our country has to offer.


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My First Open House Experience


I finally decided to write my first post. Why not? But what could I possible write about that is interesting and educational as well. I can write about the market, mortgage rules, down payments, etc

Or read the newspaper and write a well digested post.

So, here we go, I remember that day as if it was an hour ago! It has scarred me forever and ever. Every time a client asks me to run an open house, I sweat and swallow super hard. Even after having lots of successful “open houses”, this one still manages to make me run to the bathroom and grab the famous Pepto-Bismol.

So, long ago, when I became a licensed real estate agent, at the beginning of my time as a Realtor. The new challenges I was facing, a bit anxious but super excited at the same time. Knowing what I am made out of, a very hard working, honest, reliable, ethical individual couldn’t wait to run my very first open house!

Since I had no listing of my own and couldn’t just run an open house on my own house and tell anyone entering through the entrance: “thank you for coming, but this house is really not for sale! It is just for me to practice my new skills”

So I asked a few fellow agents in my office and at last, after 2 months of trying, one of our broker asked me to help him out!

I was so excited that I had a hard time falling asleep! I did a CMA, I looked up all the past, present sales in the area; looked up all the schools from public, private, catholic, French, etc in the neighborhood. I had so much info on the area that I felt like a walking Google!

I asked myself so many questions that people could come up with and I had the answer to every single one of them memorized!

The day of, I put on my super tailored suit, make sure nothing was stuck between my teeth, etc. I just wanted to run it as professionally as possible.

Anyhow, after opening the lock box to the unit, I realized that my suit had no pockets! And I didn’t take my purse with me, so the only secure place I could come up with storing the property’s key for 2 hours was my bra. No big deal, who would find out, after all, I showered and my bra was super clean and my suit just came out of the dry cleaners. I could use a bit of water and soap after and put it back in the lock box. Problem solved!

Open house was over at 4 pm, not too many people showed up but I had everything under control. I was extremely happy with the outcome. It was GREAT, except for the key stored in my bra and started to be a little uncomfortable.

So, I lock the property’s door, made sure it was actually locked, put back the key in the lock box, shuffle the combination, get in my car with a huge smile!

Contact the listing agent and thanked him for the opportunity and that everything was left in its perfect condition.

The next day, I had a fund raising event to attend. 5KM walk for a children’s hospital. So, on that Sunday, I am walking and thinking of yesterday’s open house. I am going to call those few individuals that came in. Asked them for feedbacks and take it from there. At exact same moment, my phone ran and it was the listing agent asking me where the key to the property is?!

He asked me to look in my pockets or purse, just in case, by mistake I forgot to put it back in the box. I told him that was not possible. And I had to tell him where I stored the house key for 2 hours the day before (super embarrassing!) and the silent after that.

I drove to the property just to see it for myself, and yes, sure enough, no key… I couldn’t believe my eyes! Being new to the business, new to this brokerage, my very first open house experience that I wanted it so badly and wanted to be “perfect” just got destroyed. No key, no house key a scheduled open house and we couldn’t get in.

The property had no showings after my open house. Key just gone, nowhere to be found, did not fall out of the box when I was putting it back. A total mind blowing experience.

It was obvious that it was stolen, by whom? No one knows. They’ve changed the lock right away and took all necessary security action, but… I felt terrible for the owners! There is nothing worse than feeling unsecured in your own home! Just the thought of knowing that some stranger might have the key to your property made me sick! I put myself in their shoes and I couldn’t fall asleep just thinking of it.

I can’t describe how I felt on that day and still do. Every single time I have to open a lock box and close it again, I get this weird feeling (even today). It just feels like time stops for a split second and it slows down.

I get a little more anxious when clients ask me to run an open house for them. I do it, but there is something, some weird feeling that surface.

My first open house experience shook me like a massive earthquake… and I still can feel the aftershock from time to time.

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Luxury Homes

Ready to Relocate? Top Cities for Luxury Home Buyers


Whether it’s for a job, for family, or even for a new love, just about everyone will relocate at least once in their lives. Luxury homeowners are used to a certain lifestyle and it’s important to find a new city that knows how to meet these standards of living. Of course, just because a city was known as the hub of the high life last year, doesn’t mean that standard still holds true. So, where are the new up-and-coming luxury communities? Where are the best places to relocate when you’re looking for a luxury home?

When it comes time to relocate, most people want to move to that city that contains those homes in which offer ample room for their family as well as contain the safety that they want. But, these people are also looking for a neighborhood that is the next best thing, no one wants to be in a neighborhood in which everyone knows that the residents are not up with the times. They want the community that is on the brink of developing new trends, not just participating and following in someone else’s footsteps.

If you are looking to move to the east coast, you have your share of up and coming cities to choose from. The most luxurious area that you could possibly find is in the Manhattan area. Manhattan is known to all those that travel or live in New York as the place to be if you want luxury simply because the price tags on most of these lofts, apartments and condos are extremely high. However, despite the price tag the area is home to some amazing art museums and luxury settings that cannot be found anywhere else in New York.

Go a little further south and you will hit the South Carolina and Florida area of luxury homes. Brays Island in South Carolina is home to some of the most luxurious homes that can be found in the state.

These homes are placed on acres and acres of land without having the possibility of touching houses to ensure that the person has the utmost in privacy. The views cannot be beat with peaceful landscapes and the water not being too far away. Florida also gives consumers the choice of living at Manalapan Beach, which is one of the best areas that are just not being developed. The buyer will get to have access to the beach, clear and clean waters to watch as well as ample space to live in.

A place that most buyers forget to look at is Colorado. Though you may not have warm Southern weather as you would with those areas closer to the South, you still get a beautiful view to wake up to every morning. For those interested, check out the Hidden Valley Estates which offers a community that is protected by gates, but still the option of having private living as each house is situated on acres of land between one another.

California is more than likely the first place that people think of when they think luxury homes, which makes sense given the number of stars that live there. Those that are interested in the West Coast should consider Nevada. Las Vegas is no longer just for those wanting to gamble, it also offers some awesome houses that have upwards of seven baths and eight bedrooms to choose from, as well as having the dessert as a back drop to a perfect evening. In California, Beverly Hills, Woodland Hills and areas that are close by are what most people deem as the starting point to find luxury just because the majority of these properties have unique room counts, pools to enjoy and a view that anyone would love.


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Homes for Sale-Flipping


Everyone has either seen television shows or heard about flipping homes for sale. This real estate strategy involves buying homes for sales for a low price, renovate the homes, and then reselling them for a profit. Some of these professionals make their living by regularly buying and flipping homes for sale making a profit. They sometimes juggle several sales and several renovations at any given time. It is important to know that there is an art learning how to flip a house and make a profit instead of losing money. Make sure that you understand any restrictions and all applicable zoning laws on construction that may apply. From purchasing to flipping, many set a ninety-day time frame.

Step one

Before you even look at homes for sale to buy and flip, you need to determine how you will finance this venture. If you have a background in real estate or construction and have excellent credit, it may be possible to sure from your bank a line of credit. If you do not have these things, you may have to come up with a more creative way to finance a house for sale to flip. This can include finding a partner who will advance the cash that is needed.

Step two

Once you have the financing in place you can start to look for a likely house to flip. There are many characteristics in a house for sale to flip that you want to look for.

• It must be affordable so you can make a profit when you flip the house. You want to purchase the house for the lowest price you can. Check out houses that have been on the market for a while. Talk to the owners to see if they would accept a lower offer because they are tired of waiting for their home to be sold.
• Make sure that the home you are looking at is salvageable. When flipping a house for sale you should only deal with sound properties. Make sure that the foundation is in good shape and you only have to do minimal upgrades to the plumbing and wiring. The roof should also be sound. If any of these are a problem, you may spend more in repairs than you can get back when you try to flip it. Cosmetic renovations can usually be done without spending a lot of money.

Step three

The location of the property is also important. Avoid buying a house for sale in neighborhoods that no one would want to live in. Make sure that the neighborhood will attract many buyers. You want to make sure that when you flip the house you make a large profit or at least break even.

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House Investment

We Buy Ugly Houses – Investment Firm Announces


A real estate investment company in South Florida is easing the minds of those affected by the recent downturn in the local real estate market. People who were holding onto their real estate properties to financial ruin are being reassured that there is a way out. “We buy ugly houses,” is just one of the advertising lures used by credible investment firms.

So what exactly does the term “we buy ugly houses” convey? In many cases, real estate owners are afraid that they are stuck with their properties until the market value for their property increases. This is especially true if the property needs a great deal of work to make it attractive to mainstream buyers. You see, when foreclosure rates are high, the market is flooded with properties which only serves to drive the price on homes down. Seeing this, many people feel that it will be impossible to sell their home for what they owe on it if it is an ugly duckling.

Real estate investment companies like the one mentioned above are out to change homeowner’s misconceptions about selling a home in a down turned market. Their message is clear: Do not hold onto distressed and pre-foreclosure properties. We will buy your home or rental property and help you avoid financial ruin. Even if you are not facing foreclosure, getting rid of an unattractive property during a dip in the market can be difficult. Real estate investment firms can be a great way to get rid of any unwanted property.


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