Why A Waterfront House For Sale Is A Good Investment

Waterfront property is immune to most market trends, and for good reason. Splendid summers can be spent on a lake or river, promising family bonding time and decreased stress. Full-year houses and cabins are becoming more frequent. They can also be converted into permanent residencies that promote privacy and communing with nature. A waterfront house for sale is rarely on the market for long and should be pounced on by interested buyers.

Privacy

Privacy is an increasingly valuable commodity. With lakefront property, real privacy is obtainable. The distance between homes and dense foliage dampens sound, leaving the owner to appreciate their thoughts and conversations with friends and family. With limited space for development, no houses will pop up between the property and water’s edge, resulting in a clear view of the water. A waterfront house for sale will also likely feature a private dock, or at the very least, an intimate, walk-up access to the shoreline.

Fun Water Activities

Water activities are a great way to bond with families and friends. The water presents a wide range of options for fun, such as fishing, skiing, swimming, and boating, among others. Many of these activities cannot be replicated on land and give a thrill of being unique. Even simple activities like reading a favorite book while drinking a cup of coffee are suddenly mystical when paired with a lake sunset.

Limited Supply

Substantial property directly on a body of water is rare and priced accordingly. They retain their value, especially compared to fluctuations of city housing, and can be sold at almost any time if need be. When not in use, renting cabins can provide large profits. Owning a waterfront property requires some amount of upkeep. However, a house for sale in an area that is desirable can be a great family experience, as well as a smart investment.

Closeness to nature

While this depends on the area, lakes and rivers are a natural habitat for a plethora of wildlife. You can watch birds from the dock, fish for sport or food, catch the occasional appearance of deer or owls, and experience an intimate moment with nature that a city cannot duplicate. Of course, having a fully operational house means that nature can be enjoyed on the individual’s terms, which is especially important in humid climates and at night.

Health Benefits

Many studies have shown that spending time close to water has immediate health benefits. For those who have spent time around or on water, this should come as no surprise. Spending time on the lake creates a serene atmosphere that reduces stress. For those who are used to living in a city, the clean air and decrease in noise and light pollution will be a welcome change.

Immobilienmakler Heidelberg

Makler Heidelberg



Source by Alfred Ardis

Top 5 Best (And Worst) REALTOR Slogans

Let’s get right down to it, shall we:

Best REALTOR Slogans

#5. „My job is your future“– Good. So you understand how big of a deal a home purchase is for me.

#4. „Purveyor of fine homes to fine people“ – Not bad; a little boring, but you have a good command of the language and demonstrate strong commitment to a targeted market.

#3. „Sold in 100 days, or I’ll buy it“– Does this belong in the top 5? Yes – because you stand out, commit, and I know I’ll have a guaranteed sale within 4 months.

#2. „I Never Forget You Have a Choice“– That’s what I like to hear – you’ll always have the right motivations while we’re working together.

#1. „Anyone can sell your home. I can sell it for more.“ – Strong, assertive and straight to the point. Let me put you to the test.

Worst REALTOR Slogans

#5. „A Realtor You Can Trust“– Sounds like something your parole officer told you to say.

#4. „No Fancy Punchlines – Just Great Service“– Does this constitute an oxymoron? (Definitely a moron)

#3. „It’s the Energy!“– What does that even mean? I think your doctor over-prescribes stimulants… Out of curiosity, what’s his name (my friend wants to know…)?

#2. „Everything I Touch Turns to Sold!“ – Ha ha! It’s funny, I’ll give you that. But now that the joke’s over can you introduce me to a real REALTOR?

#1. „Spouses Selling Houses“ – Do you include domestic disputes with showings?

Conclusion

This was a tough article to write because there are at least 20 terrible catch phrases for every good one. Some rules of thumb:

  • Use common sense – No one wants to hear you state the obvious – and no one is interested in self-indulgence. There’s also not much room for humor (there are exceptions of course), so keep it professional.
  • If you say something bold in your slogan, make sure you’re willing to eat, sleep, and breathe by it.
  • If you can’t come up with anything good, don’t worry: Clients won’t notice that you don’t have a catch phrase, but you might lose clients if you have a bad one.

Immobilienmakler Heidelberg

Makler Heidelberg



Source by Samuel Prochazka

Top 10 Tips For Buying Cheap Textbooks Online

Short of money? (Dumb question, I know). Trying to figure out how are you going to afford all the textbooks for your next term? Are you creating new economic theories to balance your scarce budget?

Then you are probably not taking advantage of the very best, more efficient way to get your textbooks cheap, and I mean really cheap.

Search and buy online. That’s it. That’s the secret. And to make sure you get the best value out of it, I’m giving you below the Top 10 Tips for buying textbooks online.

1. Buy early. Don’t wait for the first day of classes to go and find the books you need. That’s the moment when demand increases and, inevitably, prices increase with it. Textbooks sell fast and furiously over that short period of time and the effort required to get the best offers then is far greater than the effort necessary just a couple of weeks before.

If your college or university doesn’t supply the textbook lists in advance, don’t despair, contact former students from the course you want to take, or even the professors themselves, and ask them for the books you should buy. That little extra effort will certainly be worth your while.

2. Buy used. Secondhand textbooks are cheaper. That’s an undeniable fact. It is not unusual to find savings in excess of $50 against list prices.

3. Consider older editions. Often times, books on classical physics, chemistry or biology remain virtually the same for years. If you are willing to use older editions you could find books for as little as $1. Not sure if the International Edition will cut it? Contact your course tutor and ask. Chances are he’ll even recommend an older book.

4. International Editions. An International Edition is a textbook that has been published outside the US and Canada and is meant to be purchased and used outside the US and Canada. International Editions are generally drastically cheaper than their American/Canadian counterparts. Here’s the catch, the publishers of International Editions generally do not authorize the sale and distribution of International Editions in the United States and Canada and such sale or distribution may violate copyrights and trademarks of the publishers of such works.

5. Use the ISBN number to boost the effectiveness of your searches. Every book published since 1970 has a unique ISBN, using it instead of the author and/or title will make your searches faster and 100% accurate.

6. Free shipping. Look for free shipping sellers when you are shopping around. Even though shipping within the US is generally under $4, or perhaps because of it, more and more sellers are keen to offer free shipping to potential customers in order to convert them into customers. This translates approximately as an additional 10% discount off a $40 book or 5% discount off an $80 one.

7. Shop around. I know you know that already, anyway, let me say it again, just in case you just landed on Earth from another planet 10 minutes ago. Compare prices from, at least, three different sellers before you make up your mind. If you want to compare online booksellers, you can go to Bookfinder.com. In order to compare thousands of booksellers around the world you can go to Abebooks.com the world’s largest marketplace for books.

8. Buy local. Check where the bookseller you are buying from is located before closing the deal. The nearer the better as shipping cost goes down, the planet is happier and greener and your community will certainly appreciate the extra business.

9. Sell back your old textbooks after you are finished with them. Chances are the same online bookseller that you bought your books from is willing to buy them back, just go to their site and look for their buyback program. Generally, shipping the books is free and payment is immediate upon reception. This one sells itself, doesn’t it?

10. Treat your textbooks well. Don’t use them as umbrellas or to kill that gigantic spider that appeared from nowhere inside the bathtub. Don’t write the name of your love interest all over it alongside little hearts and don’t use it as a canvas when you feel that artistic urge. Remember, you might want to sell them later and the better the condition of the book the more money you receive for it.

Follow these tips and I guarantee you will find more money in your pockets, more time in your hands and, of course, the satisfaction of having joined the 21st century, at last.

Buy online, you’ll never go back.

Immobilienmakler Heidelberg

Makler Heidelberg



Source by Fernando Bessega

Do-It-Yourself Staging Tips for Home Sellers

The buzzword today with residential real estate agents is staging. Staging a home can change a homes atmosphere that appeals to homebuyers and which may bring a higher price and accelerate market time. By adding small decorative touches, rearranging or deleting furniture or creating vignettes a home can look like a professional stager was hired.

Mark Nash author of 1001 Tips for Buying and Selling a Home has seen the best and worst in home staging as a real estate broker in Chicago and he shares some do’s and don’ts for home sellers that want to try to stage their home.

Do’s

-Pick-up recent home decorating magazines. If your not up to speed on current decorating trends it will help familiarize yourself with how interior design is being marketed. Tab pages with low-cost ideas that which will make your home say today.

-Invite a friend or real estate agent over. A second or third pair of eyes will help you accent the best and edit the worst in your home. Be prepared for some constructive criticism. You want to hear it before you put your home on market, not as feedback from prospective buyers. Go room-by-room with a worksheet so you can take notes. Depending on how much time you have available for an update or a makeover, you will need to prioritize and figure out what will give you the biggest return. Do this at least two months before you put your house on market.

-Stage a home office if you don’t have one. They’re not a trend; they’re required for homebuyers in 2006. Many homebuyers today work from home part or full-time or want a space where they can organize their life and park a computer. Find an extra bedroom, walk-in closet or an unused corner and convert into a home office. Make sure there is a convenient electric, telephone and cable supply.

-Focus on living spaces. These areas are where the majority of homebuyers will spend their time. Place a side table and a floor lamp next to a comfortable chair as a reading corner. Float sofas and coffee tables away from walls for a designer look. Use area rugs to anchor furniture groupings on bare tile and wood floors. Living spaces must have matching table lamps. Streamline family photos and place green plants in room. Fireplaces should always be operable and on in season. Place groupings of candles and clear glass bowls filled with natural potpourri on side and coffee tables. Substantial wicker baskets can organize magazines, remote controls and toys. Limit knick-knacks to make room for staging materials.

-Give attention to Kitchens. Put away in a handy drawer all dish towels and rags. Reduce recipe boxes, barrels of cooking utensils, excess-cooking machines, and cookbooks by two-thirds to open up counter spaces. For a quick update put new hardware on cabinets. Find an out-of-the-way place for a portable dishwasher. Clean off everything on the refrigerator door. Omit throw rugs scattered around the kitchen. Clean off windowsills to open up exterior views. Organize cabinets with clear containers. If you can’t see the back wall of a cabinet, buyers will think you don’t have enough storage space. Ditto closets. Budget to keep a variety of fresh fruit in a glass bowl on the counter. Edit family bulletin boards. Remove old curtains and install new wood blinds on windows.

-Spend time on sleeping and bathing spaces. Often over looked in the frenzy to get a home on market, these spaces can make or break a home. Buy a set that consists of a matching bed skirt, bed spread, pillow covers and blinds to match. Buy a new shower curtain and separate liner. Wash the liner often if mold develops. Add complete sets of towels that coordinate with your new shower curtain. Clear all cosmetics off vanity. If you have an over-the-toilet cabinet consider removing and place a piece of artwork in its place. Remember to keep items in the „too much information“ category, out of view. If you have a king-size bed in a small room, you’ll pay to have buyers over come this negative, so get rid of it now. Clear off dresser and nightstands of excess. Make sure the bedroom receives the maximum natural light. Install closet organizers in closets. Eliminate wall and door hooks for clothes. People might look under your bed, no surprises please.

-Remember first impressions in entries. A simple consol table with mirror over makes a nice entranceway. Make sure this space is well lit day or night. Place adhesive under rugs so buyers don’t trip or slide.

Don’ts

-Use inexpensive silk flowers. Nothing distracts buyers more that silk flowers that are past their time, inappropriate for the season or thrown together. Throw them out, now.

-Forget to upgrade Fido’s bowl. I’ve experienced more unhealthy pet food bowls, watering stations and litter boxes than I care to remember. We know you love your pet, but prove it to homebuyers.

-Overlook window coverings. Buyers today think less is more in window fashion. They want the most light and the least embellishment on windows. And no layered treatments with sheer panels please.

-Use low wattage light bulbs. Dark, dim rooms are unappealing to homebuyers. They want to see what they might buy. Replace bulbs with manufacture recommended wattages and especially the burned out ones. The newer low-energy bulbs don’t cast home or people in flattering light.

-Think that everyone loves wallpaper. No two people have the same taste in this instant decorator finishes. If it’s more than three years old, take it down and paint in a neutral color. And wallpaper boarders are out.

-Paint with commitment colors. If you’ve determined that you need to paint, stay away from bold or as I call them commitment colors. Commitment colors are those buyers either love or hate. It can be difficult for buyers to overlay their style on them. As one client said to me “ I don’t live in a magazine.“

-Think cleaning is a part of staging. Cleaning is what you do before staging. Everything should shimmer and shine. Don’t forget the windows.

Use these do-it-yourself tips to place your home on the stage of your local home sale theater.

Immobilienmakler Heidelberg

Makler Heidelberg



Source by Mark Nash

Why a Good Bartender Has the Skills to Be a Good Real Estate Agent

Some people do begin their real estate careers right after high school or college, but most come to real estate after doing something else. Some have retired, and other are just looking for a change of pace.

When writing agent bios I always look at those past careers to see how they can tie in to real estate sales. Often past experiences can reinforce the skills that the agent wants to emphasize.

Some past careers make for a tougher transition than others. For instance, school teachers have to teach themselves listening skills after years of being the one doing the talking. On the other hand, a good school teacher has the skills to educate buyers and sellers about the reality of today’s market.

That’s one skill that a bartender might not have, but I think good bartenders possess the majority of skills needed for a successful career in real estate.

My definition of a good bartender is one who has a following – a person who is a „draw“ for the establishment where they work. They can mix a good drink, but it’s their people skills that turn occasional customers into „regulars.“

So what skills do bartenders possess that would make them be good real estate agents?

A good bartender knows how to listen. Just think of the time they spend listening to their customers. And while they may not have to listen wholeheartedly to everyone, they need to pay close attention to their regulars. Just as good real estate agents need to pay close attention to their buyers and sellers.

And then they’d better have a good memory. Not only does he (or she, of course!) need to remember what each person at the bar wants when they hold up a finger for another drink, he needs to remember what to set down in front of a regular when they walk in. And then, he needs to remember what that person does for a living, the names of their children, etc. Agents need to remember the personal information along with their clients‘ wants and needs.

A good bartender respects what the customer wants – he doesn’t try to suggest that something else might do. As an agent, he probably won’t show someone a home on a busy street if they’ve specified wanting to live on a quiet cul-de-sac.

A good bartender can talk to people from all walks of life and treat them equally. He must be non-judgmental and friendly, in all but the most extreme cases. And when faced with those extreme cases he has to think and act quickly without getting flustered. Good practice for dealing with the surprises buyers and sellers sometimes spring on an agent.

A good bartender knows how to keep confidential information. Good bartenders can’t be gossips. Can you imagine how fast they’d lose their following if they started mentioning that Mr. Smith came in for a drink with Miss Jones, or if they mentioned that a salesperson from X company was involved in a long conversation with the owner of Z company? In real estate, keeping client information confidential is a must.

A good bartender has to have people-management skills. He needs to be able to say „You’ve had enough“ without turning a customer into an enemy. That takes a bit of finesse! This skill could translate well into the finesse that’s needed when clients ask an agent to do things that go against regulations.

So – if you’re a bartender and thinking of a change, consider real estate. You have the skills!

Immobilienmakler Heidelberg

Makler Heidelberg



Source by Marte Cliff

Wood Kitchen Cabinets: To Paint Or Not To Paint?

The choice of either darker wood or painted cabinets is common for many homeowners these days. If your kitchen cabinets are still in good condition but look dated, a fresh coat of paint could possibly give your wood kitchen cabinet a much-needed facelift without draining your bank account. But depending on the ambiance of your kitchen and the overall home decor, the preference for painting wood cabinets varies from person to person. Here are a few points to consider as you make the decision.

Style of the cabinet -wood can be beautiful, but you have to look closely at the style of your cabinets and whether they complement or fit into the overall kitchen design, as well as the look and feel of your home. Painting cabinets may bring about a more cohesive and unified theme throughout the home, and this would be especially beneficial to you and advantageous in the long run especially if you plan on selling your property in the future.

Budget – If you do decide to paint the cabinets, will you be doing the project yourself or hire a professional painter? If you really want to paint the cabinets yourself, you need to ensure that the cabinets end up looking as good or better than what they look like now. A do-it-yoursef cabinet paint job is a lot of work, so make sure you’re up for it. If not, look into different options for hiring a professional so the job is done expertly..

Talk to a realtor – In many places and communities, wood cabinets are a major selling point in homes. Look at listings of similar homes in your area and look at how the kitchen description is worded. You can also reach out to a local realtor or home staging professional to get their expert advice.

Select colors correctly – Because of the importance of having wood cabinets painted properly, you also want to make sure you pick the right color. There are virtually hundreds of „white“ paint choices. Keep in mind also that lighting plays a major role in how paint will look in the final space. Perhaps you should consider taping a paint swatch on the front of each cabinet and looking at it over an extended period of time to see how it will eventually look.

While all of these points should be taken into consideration, the most important question to ask really is „What is the kitchen’s role in your family’s life?“ Is it truly the heart of your home? Do you use this space to entertain? Do you cook a lot? If you’re the one that will be spending a lot of time in this space, you should love it and have an efficient use for it.

Immobilienmakler Heidelberg

Makler Heidelberg



Source by Wesley Morales

DIY Home Renovation Tips

Home renovation often increases property value. This is one of the most common reasons for renovations, in addition to updating a home and making it more suited to your personal tastes. When it comes to renovations, some homeowners opt to utilise the services of professional contractors. Renovation projects can be very costly, especially where you enlist the services of a professional builder, interior designer or other specialist. This is why some people prefer DIY (do it yourself) renovations, which can be more cost effective, especially where you have the skills to do some of the tasks. So if you are thinking of DIY home renovations, here is a list of renovation tips that may help you renovate your home.

Plan

Having a plan for each step of your renovation allows you to renovate in a more cost effective manner, giving you the ability to budget accordingly before you start the project; an outline of the project will help during the renovations.

Appropriating funds from your budget is extremely important. Kitchens and bathrooms are huge selling points in a house, which means you should spend the bulk of your time and resources renovating those rooms. Often a new coat of paint or new carpet can change the entire look of your bedroom and living rooms, and both are relatively inexpensive ways to improve a place.

If you are looking to increase the property value, talk to a realtor before you start your renovations. Your realtor can provide you with insight as to which renovations are worth the money and which ones will not turn a profit. Additionally, your realtor can provide you with current real estate trends so you can see what aspects of a house are selling points with buyers and which ones are not.

Improve instead of renovate

Before you start the project, think about what you want and decide whether or not you have to replace things or simply reface them. For example, if you are renovating your kitchen, ask yourself if you need all new cabinets or if painting or staining your current cabinets will provide your kitchen with the update you are looking for. In addition, you can remove the doors of your current cabinets and attach new ones for far less than the price of installing a complete cabinet system.

Cost

One of the biggest costs in renovating your house comes from materials. By purchasing and transporting materials on your own you can save hundreds of dollars. A contractor or other third party will charge you delivery fees among other hidden fees to pick up and deliver materials to your home. In addition, doing this yourself gives you the option of shopping around, comparing costs and finding items on sale or clearance.

The best way to reduce cost is to go to places and source second hand building material. If you can’t access used materials, then head to thrift stores or larger outdoor stores that sell cheaper items.

Design

Creating a design for your renovation is perhaps the most important aspect in the remodelling process. Use resources of the internet to get an idea of how you want to design things and speak to professionals to get expert advice and tips on how best to approach the renovation and how to work with the space that you have.

Extra help

Some renovations will inevitable require the use of a contractor. If you are not accustomed to working with plumbing or cabinetry, it is wise to invest in a contractor to handle those aspects of the renovation for you. The low cost of doing it yourself is gone, but not knowing what you are doing can cost you a significant amount of extra money in the long run! If you must go the route of hiring a contractor, you can still get things done cheaply by doing smaller tasks yourself. For example, if you hire a contractor to handle your new kitchen, you can paint the kitchen yourself, which will save you several hundred dollars.

Consider these tips!

Before you start your renovation project, consider these DIY home renovation tips. Each will save you time and money on your renovation. Adhering to them will help you increase the property value of your home and maximise your profits by allowing you to see a return on the money you spent remodelling, should you decide to sell your home.

Immobilienmakler Heidelberg

Makler Heidelberg



Source by Sara Berrada

Is The Next Housing Market Crash Coming?

SAN DIEGO, CA – „Buy low, sell high“ is a well-known adage attributed to the legendary billionaire investor and philanthropist Warren Buffett. Looking at today’s super-hot residential real estate market is hard not to wonder how much longer this craziness will continue.

Buyers are in bidding wars to buy homes, multiple all-cash offers with no financing, no contingencies, sale prices tens or even hundreds of thousands of dollars above asking prices, double-digit annual home price appreciation, and a very low inventory of homes for sale.

According to the Case-Schiller Home Index, the average annual home appreciation in the 20 major metropolitan areas was 14.6% year-over-year as of this past May. Phoenix had the highest annual price increase of 22.3%, followed by San Diego’s 21.6%, and Seattle at 20.2%.

I vividly remember that back in 2005-2006, at the peak of that last super-hot residential real estate market, many were saying that the market would continue to thrive and prices would go up for at least another ten years.

Yet, by 2007 the home prices started to deteriorate and by 2009-2010 a wave of short sales and foreclosures dominated the previously super-hot markets. The hardest hit places like Phoenix and Las Vegas had property values depreciated in some cases by over 50%.

But this time it will be different… not. If there is one thing certain about real estate (and life in general), it is that it is cyclical. Every boom is followed by a bust, and every bust by eventual recovery and then another boom, etc.

In case of real estate, cycles are usually much longer than those of the general economy and they last, on average, about 15 years. In this particular case, it is important to note, that we are discussing a residential (homes) real estate cycle, which can be quite different from a commercial (investment properties) real estate cycle.

So, where are we today? The interest rates, including on mortgages, are at ultra-low levels. For example, recently our sister mortgage company closed a 15-yr fixed rate loans as low as 1.99%. This is quite remarkable given that the inflation rate is sky-rocketing. Just this past June, the inflation jumped by 5.4% year-over-year.

This was the largest increase of inflation since 2008. At this pace the U.S. is on the trajectory to have a double-digit inflation by 2023. Compare that to annual inflation rates of just 2.4% in 2018, and 1.8% in 2019, and 1.3% in 2020.

Money supply, government debt, and the public spending by the Federal Government are enormous. It seems that not too long ago, when the politicians were arguing about the federal budget, they were talking about millions, or at the most billions of dollars. Now if it is not a trillion, it does not seem to be a big deal.

The U.S. unemployment has been steadily improving since its peak of 16% in May, 2020. As of early June, the unemployment rate was around 5.9%. However, these figures can be misleading as they don’t include folks who are „under-employed,“ e.g. went from a full-time to a part-time jobs, or those who earn less now than pre-pandemic.

Additionally, they don’t count workers deemed „permanently unemployed“ (unemployed for more than six months) and those who „stopped looking for work“. The „real,“ or the so called U6 unemployment rate, is around 9.7%.

So, how all of this translates into the residential real estate market? The current real estate cycle is about 15-16 year old, which is worrisome, but basically, as long as the money is so cheap, buyer demand so high, and supply of available homes for sale so low, the „music is still playing.“

Furthermore, we should not underestimate the „Covid-effect“ on housing. One of the reasons why homes became so valuable was because of the lockdowns and the resulting work-from-home, teach-from-home, play-at-home and eat-at-home paradigm shifts.

If the cycles are the law of the universe, then it is safe to assume that this cycle must change too. When? Nobody knows for sure, as we realize that the cycle has changed only after it already did.

However, in my estimation, the catalyst for the change will be an increase of the short-term interest rates by the Federal Reserve, which sooner or later will have to happen given the high inflation.

Our real estate brokerage receives lots of inquiries from buyers and investors wanting to purchase properties. In our opinion, real estate buyers should proceed with extreme caution in such an over-heated real estate market.

The double-digit annual price appreciation is absolutely unsustainable as the real wage increases are in the low single-digits. It is important to understand that real estate is not a very liquid asset and there are substantial costs associated with selling it.

For most residential property owners, real estate should be a long-term game and buyers should take that under consideration when considering purchasing properties. When the inevitable market correction comes, home equity can be greatly reduced or even wiped out in case of highly-mortgaged homes.

In such instances, property owners can find themselves „upside down“ on their mortgages, meaning they will owe more than the values of their properties. Short-sales and foreclosures will become familiar terms again.

On the other hand, the lucky residential property owners who currently own highly-appreciated real estate assets, maybe in a perfect position to cash out on their equity now when the market is hot and the prices are high (remember what W. Buffett said).

Residential home builders, especially those who build in the lower price ranges with projects that are already going, or about to go vertical and will deliver completed homes in the next 12 to 18 months, are in good shape because the current buyer demand far exceeds the supply.

However, past that time frame, it is anybody’s guess. Exorbitant prices of materials, high costs of land and labor, and onerous government fees make it hard for builders to deliver affordable houses and make a profit.

There could be another important consideration for selling sooner than later: Uncle Sam. The current administration openly talks about increasing taxes and in spite of their election promises, it is not going to be affecting only the „rich.“

For example, according to their latest tax proposals, the home-owner exemption from the capital gain taxes when selling primary residences, may be greatly reduced or even entirely eliminated. Oh, by the way, the capital gain tax rate is also going up.

Another significant tax change on the horizon for those who own any investment properties, even if it is a small rental house or condominium, is a proposal to reduce or eliminate the so called „1031 Tax Exchange“ under which capital gain taxes can be deferred on investment properties, including small and large rentals.

Each situation is unique, but my general advice for Clients who want to buy real estate now is that there needs to be a compelling reason for them to do so. I recommend being patient and not buying into the frenzy, which sooner or later will pass.

Again, let us remember what W. Buffett says about buying low and selling high, and he certainly has a track record (and the bank account) to prove that he knows what he is talking about.

For Clients who own real estate and want to hold it for a long-term, I recommend that they review their mortgages and interest rates (if they have any loans on their properties).

If beneficial, they should look into refinancing them, with or without a cash-out, to take advantage of these extremely low interest rates, which at this point are way below the inflation rate, which makes them practically a „free money.“

For Clients who are considering selling or have shorter term ownership plans, this might be a great opportunity to review their properties‘ values and determine if selling now, while the market is super-hot and the prices are super-high, is a good idea.

In conclusion, nobody knows what the future has in store, but a couple of things are certain: real estate is cyclical and change is inevitable. The current residential real estate market cycle is mature, prices are very high, and thus it is reasonable to expect a market shift.

Immobilienmakler Heidelberg

Makler Heidelberg



Source by Robert W. Dudek

Cheap Home Appraisals – 2 Ways You Can Get a Free Home Appraisal

If you are looking for a cheap home appraisal, or free home appraisal, then read this article. I will show you two ways to get your home’s value for free. In today’s real estate market you need to know the true value of your home before you list it for sale. If you are buying a home you need to know how much that home is really worth in a declining market.

Real Estate Agents – Using a local real estate agent you should be able to get a close estimate of the value of your home or property. Real estate agents have at their fingertips many tools that will give a fairly accurate estimate of your home’s value. What will this cost? Usually it is free. So what’s the catch? Well, most realtors will do this for you in hopes of getting your business. Should you let just any real estate agent do this analysis? I say no. You want to select a real estate agent that is familiar with your subdivision or area. You also want an agent that understands how the features in your home will either increase the estimate or decrease the estimate. Once you receive an home value estimate, then you should use the next method to verify that the estimate is correct.

Home Appraisal Websites – I like using some of the free online home appraisal websites, like HomeGain. HomeGain will give you a fairly descent estimate within a few seconds. All, you have to do is supply your address and a few details about your home. Click the button, and within a second or two you will have a free home appraisal. There are other sites on the internet that do this type of appraisal but many are not free. I suggest that you get at least two estimates from an online source and then compare it with a real estate agents estimate. This should give you a fairly good idea of how much your home is worth.

Immobilienmakler Heidelberg

Makler Heidelberg



Source by Jordan S Ashton

Tips on Selling Your Own Property

Ever wondered how you can save money when selling your property? Ever thought that you have to have an estate agent to sell you property? With the growing trend of consumers in the selling market now selling their own home, should estate agent start to worry? Is now the time to start selling your own home and cut out the middle man?

If you have ever wanted to cut out the middle man and sell your own property there are a number of considerable benefits. The main benefit is the saving on commissions. This could be in the thousands. The feeling of remaining in control and the sense of achievement when you have finally sold your home can reduce any stress levels and leave a feeling of satisfaction and a job well done. With a growing number of resources on the internet available to everyone, there has never been an easier time to sell your own property. There are however some careful considerations that need to be thought through before you take the plunge; what is the value of your property, what are the benefits to the buyer and how do you intend to advertise.

Knowing how to value your property isn’t as hard as you think. All you need to know is what the market considers to be a fair price for your property in the location that it is in. For you to do this just take a look around. What are the local properties that are similar to yours valued at; research local papers and estate agents windows to see what they have valued similar properties to. There are even on-line house price calculators which can give you a guide price. When you are finding the value of your property, always keep in mind the lowest price you will accept for your property and your ideal price.

Listing the benefits to the buyer is just as easy. Just remember what it was that made you buy the property. Take a look at a local map and list all the amenities, local schools and so on.

Advertising you property can be as easy as placing an advert in the local news paper or seeking out websites that allow you to list your property. Taking photos with a digital camera will greatly enhance any advert. With a little bit of research you could have your advert in front of thousands of potential customers in a very short period of time and the cost of advertising will be considerable less than any fees paid to an estate agent.

Although going it alone can be rewarding there is no substitute for the local knowledge of the market that an estate agent can bring. Selling your own home can be a challenge but very rewarding. The choice is yours to take.

Immobilienmakler Heidelberg

Makler Heidelberg



Source by John Newsome

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