Immobilieninvestment Digital

Spuds is what REALTORS call the Seller Property Disclosure Statement (SPDS). It is a multi-page document that sellers typically provide with information about the house and all its major systems (e.g. air conditioning, plumbing, roof, etc.).

In Arizona, sellers are required to disclose any material fact they are aware of regarding the property. The SPDS is a form created by the Arizona Association of REALTORS (AAR) to standardize the way sellers disclose material facts about the property.

The standard AAR Residential Purchase Contract has a provision requiring sellers to provide SPDS to buyers within 5 days of contract acceptance. Buyers have until the end of the inspection period or 5 days from receipt of the SPDS (whichever is later) to provide notice of any disapproved items disclosed in the SPDS.

Contrary to what many people think, the SPDS is not required by law. It is only a provision in the standard AAR Residential Purchase Contract. The law requires sellers to disclose material information. Sellers can do it in any other document they choose.

The other common myth about the SPDS is that once the seller provides it, he has no further obligation to disclose new material facts. That could not be farther from the truth. Seller’s obligation to disclose remains during the whole escrow period. If seller becomes aware of a material fact that was not originally disclosed, he has an obligation to disclose and give the buyer 5 days to review and provide notice of disapproved items. This is typically done through issuance of a revised SPDS.

Many sellers will not accept contracts that require them to provide a SPDS and they will ask buyers to remove the provision from the contract. Banks selling foreclosures will typically ask buyers to waive SPDS based on the claim that the bank has limited knowledge about the property. One important thing to remember is that even when SPDS is waived, the seller still has the obligation to disclose all material facts.

Your REALTOR should review the SPDS, its importance, and implications when sellers ask buyers to waive SPDS. Buyers should understand all the ramifications and make an informed decision whether they are willing to waive SPDS or not.

And before I close this article I would like to leave you with a thought. If you are a seller, I would strongly encourage you to prepare a SPDS when you put the property on the market. You can even make the document available for prospective buyers. It will show them that you are on top of your obligations and that if they decide to submit an offer you will not cause any delays to the process. Very few sellers do that and it usually has such a positive impact on potential buyers. If you do that when you list the property, once you accept an offer all you have to do is re-read the document and make sure that it is still valid and up-to-date. Ask your REALTOR to help you fill the SPDS as soon as possible.

Immobilienmakler Heidelberg

Makler Heidelberg

Today, relaxing in tanning beds to achieve the perfect tone of bronzed skin is a common activity. This $5 billion a year industry used to be reserved as a luxury for those in the upper class, but now millions of people enjoy this indulgence, regardless of income. Many of these people want the benefits of a tan, but just don’t have the time to bask in the sun, so they take advantage of the controlled exposure to UV light.

This popularity created a new trend in the creation of home tanning beds. As the prices for a tanning bed for sale decline, more people are buying them for their home. This article details the pros and cons of investing in home systems, including some factors to consider before purchasing a tanning bed for sale.

It Costs Less

Visiting a salon can get expensive over time. Many people have a hard time justifying a trip to a salon, especially those who consider it a luxury. While purchasing a home tanning bed for sale requires an upfront investment, it eliminates the monthly fees of a salon, costing less in the long term. As it can require many salon sessions to develop a base, plus additional sessions to maintain it, it is possible to pay for your home system with your salon savings in a short time.

It Is Convenient

Although visiting a salon offers people the convenience without having to spend hours out in the sun, home tanning beds offer even more convenience. Instead of jumping in the car and driving to the salon, home users simply walk over to their home system.

Offering a higher level of convenience, these home units provide you with the option to tan whenever it’s convenient for you. It doesn’t matter whether it’s the middle of the night, an hour after work, or right when you wake up in the morning, you can tan anytime. Home systems offer a great alternative to those with busy work schedules, especially those who travel frequently or work odd hours because they don’t have to try to arrange their schedule to fit their salon’s schedule.

Lastly, home units offer year round treatments. Whether it’s a bright and sunny day in July or a snowy day in February, people with home systems can maintain their tan anytime in the privacy and convenience of home.

The Cons Of Home Tanning Beds

While there are plenty of pros, there are also a few cons to owning these systems. First, you must manage your own exposure level when using your home system. This includes monitoring the amount of time spent under the lamps per session, the number of sessions per week, and even the use of protective goggles and lotions.

You will also have to keep your system maintained, including replacing the bulbs regularly so it always provides you with an even tan. Regular cleaning is also crucial to the long life of your system. Finally, you will need to make sure you have the proper supplies on hand, including goggles, lotion, and bulbs.

By keeping the pros and cons of tanning beds in mind, you will have the knowledge necessary to decide whether a home tanning bed for sale is right for your lifestyle.

Immobilienmakler Heidelberg

Makler Heidelberg

Staging is an essential, and cost-effective, part of the home selling process. Staging your home to show off its qualities can only add to your final selling price. On average, people receive $2 in increased sale price for every $1 they put into staging a home.

When staging your home for sale, there are five golden rules to take into consideration as you work your way through each room of your house.

Five Golden Rules:

De-Personalised

The buyer needs to picture themselves in the house – not you. That wedding photo may mean the world to you, but the buyer it’s a distraction that prevents them from seeing a home for their family.

Maximise

Declutter and maximise the space in your home. Closets packed tight with all your clothes make a place like it lacks closet space. Consider temporarily storing the overflow offsite.

Sanitize

This golden rule is the easiest and cheapest way to stage your home – clean it. A sink full of dirty dishes is as unappealing to you as it would be to the buyer. It is well worth the elbow grease in cleaning floors, walls, baseboards, ceiling fans and windows.

Modernise

Unless your home has exceptional period built-ins, all home could benefit from some updating. If someone feels the house is dated, they will reflect that feeling in a lower offer. Consider a few simple changes like swapping out expensive fixtures for nickel or chrome.

Neutralise

Colour can make or break a buyer’s interest in your home. You may love that shocking red wall, but all the potential buyer sees is a great deal of painting in their future because of red clashes with their style. The picture is one of the most inexpensive ways to change a look of a home.

Bonus Tips

Closets

Clear closets of unnecessary clutter, and organise to maximise the amount of open storage space you are showing off to potential buyers. Use boxes stacked together to keep up and hide the clutter.

Use matching hangers for clothes – hooks are inexpensive so splurging on higher quality are inexpensive, so celebrating on higher quality hangers to replace free wire hangers from the dry cleaners will modernise your closets with visual impact and a more luxurious feel.

Bedrooms

A quick and inexpensive way to improve the appeal of your bedroom is to use gender-neutral colours when touching up paint jobs and re-accessorizing to have the broadest possible appeal. Colour coordinate where possible bedspreads, walls, curtains etc. should have a clear theme to their colours if possible.

Bathrooms

If walls are grimy, spray them using a standard spray bottle filled with a mixture of one part bleach and one part water, follow up with a fresh coat of paint.

Clear countertops of everything but the essential to make space look more open and more extensive.

Kitchen

Modernize your dated cabinets; they can be touched up for less than $200 with a coat of new wood stain and or even a good sanding a coat of paint. Replacing brass or wooden cabinet hardware with brushed silver or stainless steel is an effective way of updating dated cabinets as well.

Immobilienmakler Heidelberg

Makler Heidelberg

Most people don’t realize it but curb appeal is so important when selling a home. Think about it, are you more inclined to buy a run-down beat up old house that you have to put tons of time and effort in to getting it running again? Wouldn’t you rather buy a beautiful home you were excited about and could already see yourself living in?

Generally speaking it is a good idea to have a polished house ready for showing. If you have to paint it, do so. People are more attracted to buying newer things that are already in good condition to eliminate the work for them. This relates to many different areas of the house, but the exterior of the house is most important because it is the first impression your potential buyers are going to have of the property.

Also it is a good idea to have your lawn mowed and your landscape finished. This is going to create more appeal because it will bring your property to life and make it look more put together. You will be able to give them imagery of what it will be like. This creates opportunity for conversation to get to know the potential buyers and have them get to know you.

It is important to have a well maintained driveway because that is one of the things that frames your house. Your house can look years younger if your driveway is in good shape. It is also one of the first things they see when they arrive at their showing. Anyone appreciates a new waxed walk way or pressure washed driveway.

Driving up to a house even if it isn’t the best house in the world will profit majorly just from the condition it is in and showing the potential buyers it is worthy of their residency.

All of these things are going to help your house sell for more money than it would without curb appeal. The better it looks, the more eye-catching it is going to be. The more eye-catching it is, the more people are going to be attracted to it. The more attracted to it people are, the more interest there will be for people to buy it. And the more interest there is, the faster it will sell.

Curb appeal is majorly important in selling a home not only to show that the house is worthy of being kept in good condition, but also to be selling something that has quality and can hold value.

Immobilienmakler Heidelberg

Makler Heidelberg

Are you looking for foreclosures in your area? Conditions in various seller’s markets may be different but there are still ways in which you can easily find foreclosed homes for your ownership.

Tap the services of real estate agents. Real estate agents are given access to a system which is known as MLS or Multiple Listing Service. It is through this system that the agents are able to find foreclosed homes in a specific area. Thus, tapping such professional is one way to find a foreclosure.

Scout for real estate yard signs. Banks are still into the practice of putting yard signs into properties that have come back to their stables of possessions. There are variations of these signs but aside from foreclosure, included among the most common signs are bank-owned, bank repossessed, and bank repo. Typically, the real estate agent’s name is reflected on the sign. Take the opportunity to call whoever is written on the sign. with advanced thinking, you can already ask about forthcoming foreclosures in your area.

Join social media groups geared towards foreclosure buy and sell. Social media has become habitat to a variety of groups with different purposes and goals. Foreclosure groups are no different. They have thrived and lived on social media. If you are savvy enough, you will be lucky to find some groups over Facebook. Join them. You’ll not only find foreclosures in your area. You will also be up for learning from the experiences, tips, and suggestions that will be shared by other members.

Visit real estate websites. Apart from the real estate agents themselves, a lot of real estate firms maintain official websites. There are firms which concentrate on foreclosures. There are also those which offer the buying and selling of mixed properties along with foreclosures. Either kind, you can browse through their listings and filter those properties that are already foreclosed or those that are nearing repossession.

Make your own ads. Digital marketing, aside from being free, is powerful in terms of the number of reach it can have. A single post can reach multiple sellers. Utilize your social media accounts for free posts that you are looking for a foreclosed property to buy. Just patiently wait for responses, and you’ll be more than happy to see that there are indeed a number of persons who are willing to negotiate for their foreclosed homes.

Foreclosed properties are just near your place. By finding them and giving good offers, you are not only taking a step towards buying a dream house or an investment property. You are also making someone benefit from the amount that will be granted when deal is closed.

Immobilienmakler Heidelberg

Makler Heidelberg

Challenging economic times inspire people universally to make wise financial decisions. One culture that has always lived an austere, yet meaningful existence is the Amish. Increasingly, people are inspired by their lifestyle; and seek ways to simplify their own lives.

Lorilee Craker is the author of the new book, „Money Secrets Of The Amish-Finding True Abundance in Simplicity, Sharing and Saving.“ She examines their practices, extravagant in peace, family and community closeness. For them, thrift is a muscle that is exercised regularly.

Craker interviewed Amish folk in Indiana, Michigan and Pennsylvania, including an Amish banker whose clientele is 95 percent Amish. During the Great Recession in 2008, his bank had its best year ever. Amish experts and Englishers‘ (Amish reference to anyone non-Amish), financial perspectives accentuate the book too. Here, the money-saving habit of shopping secondhand is highlighted.

Shopping secondhand is a key money-saving secret of the Amish. Thrift stores are a great source for many items, including clothing, furniture, bedding and games. Craker quotes an Amish woman who says, „You don’t have to buy something new to buy something good.“ Here are some tips to complement your resale shopping experience:

Tips on Buying Used Clothing

• Rethink it. Reject the belief that used clothing is gross because other people have worn it. Buy clothing at a high-end store. Odds are good, even there, that others have tried it on at some time.
• Mix and Match. Pair something new with something gently used from a second-hand store. Leave your findings to serendipity vs. a specific search.
• Try things on. Many thrift stores have nice, clean dressing rooms, so there’s no reason to observe fit.
• Don’t buy clothes you won’t wear. It’s no bargain if you won’t get use out of your purchase.
• Don’t limit yourself to favorite brands. It’s cool to find old favorites, but once you develop your thrift eye, you’ll appreciate pieces from unknown labels.
• Think accessories. Many accessories are available at thrift stores, including jewelry, belts and handbags.
• Brief yourself on what’s vogue. Google trends before visiting resale shops.
• Institute a one in, one out policy. Every time you purchase something new, discard something old. Give it away or make a donation to an organization.
• Define your upper limit. What is your flinch point? It’s the amount that forces the questions, „Is it worth it?“ „Can I really use it?“ and „Can I live without it?“

Tips on Buying Furniture and Home Decor

• Debrief yourself with a great flea market magazine. Studying such magazines will give you new perspective on home decorating possibilities via thrift stores.
• Think junque. Mix serious antiques with „junque.“ Rethink how and where you’re going to decorate and furnish your home. Vintage style adds instant heritage to any home. Vintage objects promote expressing individuality and creativity on a limited budget.
• Buy only what you love. Home décor and furniture resells at an average one-tenth of original cost. Ask yourself, „Do I love this or just like it?“ „True love stands the test of time,“ says Craker.
• Buy only what you need. Sure, buy smaller items for future anniversary, birthday and baby/bridal shower gifts. It’s senseless however to buy something you don’t need but simply like when it’s a larger item.
• Buyer beware. Here are five guidelines when purchasing used furniture:
• Buy solid hardwoods such as maple or oak, which endure. Some furniture only lasts for one owner.
• Look for quality construction. Check underneath seats for bolts vs. glue, etc.
• Assess furniture smells. Fouls scents in upholstery will never end; pass on the purchase. Wooden armoires, chests and drawers placed in the afternoon sun will open their wood’s pores and release odors.
• Open drawers, sit on chairs, lean on tables. Watch for creaking, moaning or wobbling.
• Consider original use sometimes. It’s ok to fill an antique china hutch with towels, linens, books, etc., but not electronics. Inadequate ventilation can generate heat and become a fire hazard.

Garage Sales. „Garage sales are a complete hit or miss,“ says Craker. Here are some tips to enhance your shopping experience:

• Arrive early. The early bird gets the worm and the best selection.
• Arrive late. Attend later in the day and be prepared to haggle with the seller. Try bundling two or three items and quote the seller a discounted price. They may seize the opportunity for a sale in exchange for unloading the items.
• Peer deeply. Scan all the offerings and you may find some hidden gems.

You may have been loathe to use resale shops in the past. Here’s hoping the above cash-saving tips have inspired you to at least visit a local store. You might be pleasantly surprised.

Immobilienmakler Heidelberg

Makler Heidelberg

Role of a Real Estate lawyer

First your lawyer will send you a letter outlining what documentation he or she may need from you. Since you will likely be paying at least $1300 plus for legal services, I think it’s important that you know what your lawyer will be doing for you! Below is some detailed information on the role of a real estate lawyer and on what you need to do when working with your lawyer and securing a mortgage. Don’t wait to higher a lawyer just before you taking position of your new purchase, make sure you interview them way before your closing date.

Your Real Estate lawyer should advise you what expenses you’re likely to incur with respect to the closing procedures, including:

Land Transfer Tax

disbursements

legal fees

property tax

If you’ve bought a new home from a builder, the Real Estate lawyer can give you an educated estimate as to how much you should budget for „hidden charges“ such as:

Ontario New Home Warranty Enrolment Fee

Hydro and Water meter installation charges

Fencing charges

Grading Deposit charges

many others

If all the conditions in the Agreement have been met and the Offer is firm, the lawyer proceeds to investigate the title to the property. Initials searches include:

utility searches

property tax searches

building, zoning and planning searches

registered title searches

Letters are sent by your lawyer:

to all municipal or regional utility departments to confirm that there are no arrears or outstanding charges

to ensure there are no conditional sales contracts, easements or unregistered agreements, liens

to discover other encumbrances affecting the property or equipment being left by the Seller

Easements are a big issue and cases are always being written up in the newspapers and real estate journals, about buyers who didn’t realize they weren’t allowed to put up fencing or create a parking space because the property survey they were working from didn’t actually show the City’s rights to access the property. Your lawyer’s job is to make sure all this is disclosed to you. Your lawyer will also advise the utility departments of your name and the scheduled closing date, and request that final meter readings be done on the closing date so the final bills can be sent to the Seller.

A Tax Certificate is requested by your solicitor to verify the amount of the current year’s taxes and to ask about any arrears and outstanding charges for taxes. Your lawyer will also write to the Building and Zoning Department to get the full particulars of zoning by-laws and restrictions and permitted uses (so you’ll know if you’re allowed to operate a business from your home or build a huge deck, for example). It’s important that you send your lawyer a copy of the survey for the property as soon as possible – if the Seller has a survey, I’ll get it for you if it’s not already included in the offer documents. If no survey exists, tell your lawyer so he/she can advise how your interests can be protected through Title Insurance.

A Search of Title to the property is begun in the Land Registry Office to make sure the Seller is the true owner of the property, has the right to sell you the property, and that the property is not subject to any encumbrances, encroachments, easements, liens, agreements or mortgages that were not disclosed in the Agreement or Purchase and Sale. You may have heard of fraud cases where people’s homes were sold out from under them by con artists who had no title to the land! This is where your lawyer really earns his fees. This search has to be completed prior to the Requisition Date (title search date) shown on your Agreement of Purchase and Sale.

Other important functions of your lawyer include:

Carry out a search of Executions in the appropriate Sheriff’s Office to ensure that there are no executions against the prior owners of the property that would affect your title.

Prepare and deliver a letter to the Seller’s lawyer requesting that any items revealed in the initial searches be dealt with on or before closing.

Review the contents of the Mortgage Commitment letter your bank will prepare when you arrange your financing, and consult with you about the results of signing it.

Advise you of any closing-day costs related to mortgage financing when your financial institution provides you with a final Mortgage Commitment Letter.

If your lawyer is also acting on behalf of the financial institution (it often happens), he/she will prepare all necessary documentation for the mortgage and submit this package to the financial institution for approval prior to closing:

– Certify title of the property to the financial institution on closing.

– Advise you about any government programs designed to assist home buyers that would apply to you, including Land Transfer Tax Rebate programs, Ontario Home Ownership Savings Plans, RRSP plans, and CMHC 5% Down Payment information.

– Let your insurance broker know the name, address, phone number and fax number of both your lawyer and of the financial institution providing your mortgage. Your lawyer needs a letter confirming that insurance coverage is in place effective on closing – this is super important because the bank will not advance the $ to close your purchase until they know that you have property insurance.

Immobilienmakler Heidelberg

Makler Heidelberg

Even with the recession, real estate is a billion dollar market in all the major developed and developing countries. What do you think is the first thing people see when scouting around to buy property? The answer would be the pictures of the property in question. Human beings respond better to visual stimulation.

Therefore, quality and interesting photography matters a lot and if you are a property photographer you should take it seriously. Why? Because your livelihood depends on it! If you are trying to sell real estate photographs to realtors and they are not worth the dollars the realtor pays, your effort goes to waste.

Real Estate Photography Tip #1: Capturing the Best Images

The intention is to sell the property so your photography should definitely be appealing to the people who view them. Try to highlight the best features of the house; the features that potential buyers will like to see matter the most. The photography also depends on the nature of the property – residential or commercial. Actually the pictures should showcase your talent and skill. While searching for realtors to see the images, sometimes you need to provide samples so capturing the best of images will greatly help to clinch the deal.

Real Estate Photography Tip #2: Selling the Images

To earn a living in this type of photography professionally, give yourself 1-2 years of time for creating a solid base of clients. You can set up a professional website with your portfolio, current projects (if any), specialization, skills, and lots of high-definition clear pictures for prospective buyers to see. Of course, you need to do a lot of marketing for getting the clients. Begin by scouting the area you are living in and any others that you have easy access to. Contact the realtors in the area, show them sample images and if luck is on your side, you will land your first deal soon!

Real Estate Photography Tip #3: Getting High Profile Clients

Getting high profile realtor clients who will buy your pictures is not easy because there are always better photographers around you and also you lack experience in the beginning. So after working for a year or two with local realtors, think of migrating towards getting high profile clients. The pay rate is definitely higher but you need to have real skill and knowledge to get an edge over others. Question yourself – what is there in you that sets you apart from other real estate photographers? Once you answer this, build on that aspect for better projects.

Of course, getting the high profile clientele is not easy. Be prepared for sample photo shoots as part of a personalized sales pitch.

Immobilienmakler Heidelberg

Makler Heidelberg

Financial distress may force a homeowner to sell his property. But there are also times when it is foreclosed by the financial institution to which the property is mortgaged. Yet, the redemption period still gives an opportunity to reown the house. However, there are risks which should be considered in order to take advantage of the stipulated time.

First, the redemption period is time-constrained. This means that the homeowner will be given a short period to reown the house after the buyer or the third-party has filed the necessary paperwork to the court. After such period, the chance to regain ownership of the house will be forfeited.

The second risk is associated with the price to regain ownership. Normally, the price tag isn’t all that should be shouldered as there are also mortgage overdue, taxes, and documentation costs. All of these should be paid within the period allotted.

Third, there are personal risks such as the capacity of the owner to raise huge amount of money to cover the necessary expenses to reown what used to be under his namesake. During the financial distress, there might be other expenses that arose such as unpaid utility bills, credit charges, and school fees. These can come on top of regular costs of daily food and travel.

There can also be associated risks that can pop up from the situation such as when relocation is an option until such time that the house is reowned. If moving out is the top choice, then there can again be expenses that could eat up the amount trying to be earned for the redemption. But there are circumstances when the third party would still allow the owner to dwell until it is redeemed or until the redemption expires.

The redemption period is like a last ticket to a must-see movie. But unlike movies which can possibly be streamed on the internet, reownership of a house is tricky. It concerns effort, time, and money. These three needs to be combined seriously along with the right mixture of perseverance in order for the redemption period to be a fruitful endeavor towards repossession of the property where memories and moments are shared and created.

If you are currently under a redemption period and you’re quite unsure of the steps to take, your friendly local real estate agent is just a call away. He will be more than happy to guide you step-by-step and will even give you advices on the situation.

Immobilienmakler Heidelberg

Makler Heidelberg

In the United States, there are well – over, one – million, licensed real estate professionals, although, only a relatively, small percentage of them, are responsible for, the vast – majority, of closed – transactions. Therefore, whether, you seek to sell you home, or are a potential, qualified buyer, it is wise, to carefully, choose, your agent, based on, your personal, best – interests, and, after interviewing them, feeling, they have the combination of attitude, aptitude, skills, persistence, professionalism, and expertise, to serve your needs, goals, and priorities! After, over 15 years, as a Real Estate Licensed Salesperson, in the State of New York, I strongly, believe, these 6 things, you must demand, of the individual, you hire. With that in mind, this article will attempt to, briefly, consider, examine, review, and discuss, what this means, and represents, and, why it matters.

1. Integrity: The real estate professional, you choose, must, consistently, exhibit, absolute integrity! To serve and represent you, you need, and deserve, someone, you feel confident, you can, consistently, trust, in good – times, or less!

2. Allegiance: Nearly every state, as well as Realtor Board’s, include a Code Of Ethics, regarding, the conduct, required by a realtor, to his clients, and customers, etc! One of the key components is, owing a client, complete allegiance, and protecting their privacy, etc. Your chosen professional must put – you – first, consistently, and never provide, any information, which might harm or compromise, your interest (however, that does not mean, violating the law, and/ or, providing any material misstatements!)

3. Tell what they need to know: My service – marked, slogan, is, I will always tell you what you need to know, not, just, what you want to hear. You need, and deserve, someone, who will inform you, in a realistic manner, rather than, wearing, rose – colored, glasses!

4. Prepare a client: Agents owe their clients, a readiness, and willingness, to thoroughly, consistently, prepare them, for potential, possibilities, in order to make this process, as stress – free, as possible! When one prepares his clients, properly, the transaction period, becomes, an easier one!

5. Negotiating expertise: One of the reasons, to hire, a specific agent, is their degree of negotiating expertise, in order to achieve the best price, in the shortest period of time, with a minimum of hassle! This requires the individual, to thoroughly, understand, and know the local, real estate market, etc.

6, Handling details: The transaction period, is, often, full of challenges, and requires, handling the details, effectively, and efficiently, on a consistent basis!

Since, for most, the value, of their house, is their single – biggest, financial asset, doesn’t it make sense, to do, whatever, possible, to ensure, you protect it, and make the best decisions, and take the smartest actions! Consider these 6 things, when you hire your real estate agent!

Immobilienmakler Heidelberg

Makler Heidelberg