Second Home Sale Prices Dropping

forbailPeople with second homes who are finding it difficult to maintain their primary home not to mention a second home they are now finding difficult to sell at their purchase price. Home sales are falling, following trends on wall street where financial markets are on a roller coaster ride, edging ever closer to the lowest levels in many years. The economic recession is taking a hard bite at the economy with more and more people facing foreclosure, they are selling properties for a fraction of their value last year just to make ends meet. Medium level families had the rug pulled under them resulting in bankruptcy and many forms are also facing the same fate.
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Landlords

 

371.jpgLandlords should in general keep away from investment clubs and without doubt paying hefty membership fees. A property-owner should learn by heart that buying an investment property is not similar to buying a home. Property investors must concentrate on the probable returns from the investment when making a decision on which one to purchase. A property investor should accomplish a full investment evaluation prior to determining and consigning to a development. Landlords and property investors need to be lucid about what category of tenants that they want to be a magnet for before even trying to establish their investment property search. 


Billboard Space

home6.jpg  Billboards are all over the place. Like any other form of advertising, billboards are eye-catching and when stuck in traffic, you’ll keep hold of the information over time. Might be a good reason why advertisers are investing on this announcement. It may not be as costly as the television commercial but the retention to consumers is apparent. Considering the heavy traffic that car owners and commuters are experiencing everyday, it is impossible to miss one poster. But there are reports too that it causes accidents from time to time. Perhaps, we should not be overwhelmed with so much glittery and colors to avoid such incidents.


Getting A Good Space

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There are a lot of customary and superstitious beliefs when it comes to buying spaces. This is dependent on which country you are. However there are other countries that adapt these beliefs and practice these constantly. Buyers even consult experts in fields of feng shui to ensure that good luck, prosperity and wealth will dominate their space. Nevertheless, it is always wise to take a look around different spaces prior to buying. Location and accessibility should be highly considered. People who are looking for commercial spaces should check around prior to settling where they will put up their business. Housing spaces are also flourishing these days giving people a lot of option. Those who are in a tight budget should consider the price of the space prior to buying. The space of an apartment or commercial space should also be checked as this will serve as a long term good investment.

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Seller-Agent: Aligning Their Interests

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Agents give reasons why you should agree to ‘exclusive arrangements’. The best action would be to ignore them. It is better to employ several agents. When you have three or more agents trying to sell your house, only the agent who gets the highest price will make the sale and get your commission. That way their interests will align with yours.

Fix a target price, tell your agent he’ll get this much percentage if he manages to better that price. Do some research, see what you should be getting, and offer him an extra for bettering it. He’ll then have a strong interest in working hard.


Get the Best Out of Your Storage Units

Investing in proper storage units when setting up a new place can be a very worthwhile move, depending on the way you’ll be utilizing the place in the future. In general, people aren’t that concerned with the effectiveness of their storage units, and just look for something that fits the place correctly. Spend some time to carefully plan ahead though, and you’ll quickly come up with at least one better solution.

Start with security first – are you going to be leasing the place, or will it be publicly available in general? In that case, you’ll need to strike a fine balance between security and visuals – that is, while you want the storage unit to be safe from intruders, you also don’t want to send out the wrong message about being too un-trusting. Thus, invest in secure locks – they may cost you a bit more, but they look a lot better in such situations than a bulky padlock.

Moving on, try to utilize as much of the unused space inside the rooms for storage – creativity can help a lot in this case, and it usually pays off to invest in a custom-made storage unit that fits some specific purpose you’ve found for it, than to settle for the cheaper but not so well-fitting unit you saw in the catalog.

Remember to pay attention to visuals, too – storage units don’t have to look dull and unattractive, there are plenty of solutions out there that can actually spice up whatever room you’re using them in.


To Buy Or To Lease

home4.jpgIf you are a starting entrepreneur, you always try to consider either buying or leasing for an office space. Some might say yes for buying since it is a good investment in the end. But others would say no and think about leasing especially for a start up company. For some reasons, expert says leasing for the first year is beneficial. This is the time that you are testing the market and envisioning for much bigger organization. But whatever you decide on, always consider the advantages and disadvantages. List them all down so you would be able to take note all the little details as well. You’ll never know what would be most ideal for the organization.


Scrutinize!

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Last post, we focused on the importance of taking your handy carpenter’s measuring tool with you when shopping for a new living space. For today, we’ll focus on giving the pad a very thorough see-through before purchasing.

When you’re looking to buy an apartment, there are a lot of points to consider and scrutinize. As mentioned earlier, we covered measuring the space in our last post. Other points to inspect are just as important, and will help you determine if this apartment is worth your time and hard-earned money:

    Ventilation – Does your apartment allow fresh air and breezes to travel in and out? Is healthy air circulating through your apartment? Good ventilation ensures the air in your apartment is dry and pleasant, and prevents the build-up of mold.
    Drainage – Are all the pipes in order? Are any pipes in need of repair or replacement? Are the bathroom materials sturdily-made or roughshod?

photo credit: theloushe via photopin cc


How to Rent Your Second Home – Part 2


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Respond immediately or within a reasonable time frame, to rental inquiries because vacation renters usually do multiple inquiries at the same time like through the internet. Check your phone messages and e-mails periodically within the day for inquiries. In fact you can make calls to prospective renters and offer them your place.Build your network by joining business groups where there is always an opportunity to advertise your rental property. Also, you can get referrals or hot leads from people in your local hospitality business scene. Network with certified public accountants and real estate lawyers, because in this business, it’s imperative to know if everything you are doing is in compliance with the law. Have them scrutinize your forms and procedures, it would be useful to know what the experts have to say.


Keep it Clean for New Year’s!

We’re less than half an hour away from 2013, and many households all over the planet are a-buzz with preparations to ring in the new year. Tantalizing smells are wafting from different kitchens all over the planet, busy-bodies are either out shopping for the evening feast or sending heart-felt greetings to loved ones and friends.

One equally important aspect of preparing a home for the new year is cleaning! Have you started your cleaning routine yet? If not, let’s get your clean on.

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It’s always a good idea to start with the bathroom. Make sure to scrub the soap residue not only off tile surfaces, but also on tile grouts and metal fixtures. Make sure to also clean your porcelain pieces, and disinfect them well. Never leave the bathroom entirely wet, as this can breed bacteria and undo all your hard work. Try to sop up the excess wetness with a squeezable mop or a chamois.

Dust the corners of your living space; if you have a vacuum cleaner, make sure to get all those hard-to-reach areas with the finer tips that come with your device. Don’t forget to vacuum over fabric surfaces such as a sofa, a carpet, and others. After Vacuuming, sweep smooth surfaces with a broom to catch anything else the vacuum cleaner may have missed.

Put all things in their proper place, toss scraps and other things that call for tossing. Air out your sheets, open your windows wide, and welcome the new year with a clean home and peace of mind!

photo credit: Nastassia Davis [www.nastassiadavis.com] via photopin cc