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Is It Honest to Use a Land Trust?

Recently I was talking to a real estate investment club owner about speaking to his club regarding land trusts (LT). He said, “we do not believe in using LT’s because they are dishonest.” He then went on to explain how someone had come to his club and spoke about LT’s and that led him to believe that the use of a LT was for deception and taking advantage of people.
I told him that I was sorry that he had been misinformed about LT’s and trusts that he should reconsider their use and benefits. So, let’s review why it is important to NOT have your name in the public records as owner of property:
1. A group of people may be purchasing several properties for a special purpose and it may be that the desired result can be best accomplished if the objective is not made public.
2. Co-owners might desire that the interest of each beneficiary must be kept private.
3. An individual owner might not want to be hassled with inquires regarding the property.
4. A real estate investor might not want his competitors to copy his acquisition techniques.
5. Real estate investors do not want their tenants to know they are the owner of the property (helps with day-to-day management).
6. Co-owners want to know that a lien or judgment or divorce of one owner will not affect the title to the property
7. Out of state owners can avoid probate and other legal issues upon death-smooth transition of succession.
8. A group of Heirs can inherit a property held in a land trust with ease of management (by the director) and no need for a partnership agreement and a partnership tax return
9. Co-operative housing corporations may elect to hold title to their land and buildings in a land trust. They could then issue beneficial share to their residents in place of stock certificates-simplifying control and record keeping.
10. The Trustee signs the mortgage that gets recorded… preventing the debt from showing on the borrower’s credit report.
Land Trusts have been used by American citizens for over 100 years for good reasons. There are many legitimate reasons to use a LT for privacy and asset protection. No one will protect your assets like YOU will. Learn all you can now because “old and cold” matters. Every since 9/11 it gets harder every year to be private and protect your assets. Do it now! Don’t delay!…

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You Can Find Homes For Sale on Websites Easily

If you want to buy or sell your home you can look at advertisements in the homes for sale section of the media or websites. But you also need practical advice and street smart insight to guide you right. It is your big investment and there is a lot of money at stake, so it helps to understand the inner workings of a real estate transaction. Making informed decisions can make you profits.
Sell Homes
* When you sell your home you should be aware that the buyer’s market is slow as there are more homes for sale than buyers. Oversupply can bring down the prices.
* Your house location and condition and amenities are very important as price depends on these factors. Listing price is very important as it should be correct. It should not be overpriced or under priced.
* Seasonal changes affect the housing market as during spring it tends to improve and comes down during winter.
* You need to set a realistic price by doing your research of the real estate market and set it according to current trends. Seek the guidance of an agent to appraise your house to get the correct estimate.
* If you need repair work make sure it will payback. Expensive renovation may inflate your price beyond the market value.
Buy Homes
When you buy your home you should let your agent do your negotiations. He knows your needs. If you observe what is important to the seller you will be able to judge his circumstances and make a good buy.
A written offer is given to the owner of the home by the buyer which may be rejected and a new offer has to be made in writing. Changes are made according to both parties. A deadline is agreed to which both parties agree to finalize the deal.
You Can Make Your Offer Depending On;
* Survey of the property
* Repair work that needs to be done
* Legal Review
* Inspection
Once a full agreement by both sides is complete then it becomes legally binding to both. The buyer then pays 5 percent of the deposit which becomes part of the down payment.
Homes for sale on websites is the right place to study the home buying and selling market trends, before you decide on your investment.…

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Hiring a Real-Estate Agent to Sell Your House

If you are reading this, it means that you are planning to sell your place and trying to decide upon which realtor to choose. Well, we are here to make your job easier.
Start by getting recommendations from friends and acquaintances. But, do not hire someone without properly interviewing just because he/she got your friend an amazing deal. Remember, this is just the first step.
Have a look at what questions you need to ask your agent so that you get the best price.
• How long have you been in the business?
It goes without saying that the longer the duration, the better are your chances to find a good buyer.
• What are your credentials and which associations are you affiliated to?
At the very least, he/she should have a license. Look for a realtor who is affiliated to the National Association of Realtors (NAR) as she would be professionally trained in the business.
• What are your stats for the past year?
Inquire about the houses she listed but couldn’t sell. Ask for at least two such instances, because he/she is likely to have prepared one story for you.
• Can you provide a Comparative Market Analysis (CMA) for the area?
Commonly referred to as the “comps”, the CMA provides you a comparative analysis of the details of your property with other similar properties. A good realtor makes it a priority.
• Can you provide the references of the past 3 customers you listed?
This is an extremely important step. It is only against confidentiality agreements if their houses have already been sold. All you want to know from these customers is what the realtor is like.
• What commission would you charge?
A 3% commission is generally charged but if it is negotiable, go ahead and pull all threads. Getting the best deal is your right.
• Do you have a clear marketing plan?
It is better if you are provided this in written. Check details like how would your place be advertised and how often.
• What suggestions do you have with regard to staging the home as well as making any value-raising renovations?
Ask which renovations would have a significant effect on the potential price and how should you present the house to prospective buyers – be it switching on all the lights or moving a bit of furniture. You need to ask these questions before hiring.
• Do you have an assistant or support staff?
Choose an agent who has support staff but shows the place herself. Also, ask for the personal cell-phone no. of the agent so he/she is easily accessible.
• What disclosure laws apply to me?
Make no mistake here. Better still, cross check with others to avoid any trouble in the future.
• What agreements do I need to sign?
Read and understand all the clauses before you sign any agreement so that you are aware of all the intricacies that are part of any contract.…

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Shriram Smrithi Home Is More Than Just A House Location Bangalore

Bangalore, known as the garden city of India has not yet changed its identity but is growing at a fast pace in terms of development contributing to the real estate India. With the booming IT/ITES sectors across the country, this has become a major reason for boom in realty sector also. People living in this city adhere to the high class living with the latest ideas implemented in their housing structures in which they live. Nowadays, people feel secure to live in an apartment than in independent houses. So, the famous builders are striving hard in their efforts to provide all they want in a dream home. Shriram builders are one among the famous developers in the city. This developer is now coming up with a new residential project Shriram Smrithi located at STRR Road of Bangalore.

With a harmonic blend of aesthetics and functionality, this residential project is not less than a master work offering 1/2/3 BHK apartments spread across 21 acres of land with 256 apartments in total. Showcasing regular design and symmetry, the apartments ate meticulously planned with very new luxury specifications that enhance the quality of homes are vitrified flooring-living & dining, Ceramic flooring, modular kitchen, extra spacious bedrooms, uniquely designed bathrooms etc. In short, Shriram Smrithi Bangalore offers a comfort and simplicity in living.

Keeping privacy, space and comfort are on the top priority, the apartments are very well versed with the newer facilities and luxuries that an individual would have dreamt for. Ample green spaces, verdant hinterland and a large developing locality along with the wonderful splendid views of the surroundings make living a wonderful experience. Ranging from the smaller basic amenities like round the clock security, 100% power backup, all time water supplies to the leisurely delights like gym, spa, salon, swimming pool, etc, you can get all here.

The awesome interiors and exteriors of the quality homes would surely attract you and you to love to be a part of this phenomenal city. Also, you can get closer to nature with all kinds of recreation facilities with walkways, jogging tracks, etc for the perfection of living. For comfort cum stylish living experience, you can get closer to the comfort zone with the improved transportation cum conveyance facilities.

Located at the most flourishing destination, Shriram Smrithi is located at an excellent location of upcoming 300 ft STRR Road of Bangalore which has an closer immediacy to places like Sarjapur circle, Narayana Hrudayalaya, Electronic city, Wipro corporate office, ORR, ITPL, Forum mall, school, and airport.

As it is seen that people are moving towards Bangalore in search of job and accommodation, there has been a huge rise in the residential cum commercial projects here. For a comfort living structures, people visiting here look out for a place to settle for lifetime. In this fast pace moving world, there are a plenty of options for them as there are many upcoming projects here. So if you are looking for the best option, then this residential project would be the apt one.…

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What Green Guidelines Affect Commercial Construction

With environmental awareness of the rise and a shift in focus onto our effects on the planet, it is no wonder that residential, industrial and commercial construction projects now have ‘green’ guidelines that they must follow in order to be compliant. Whilst this type of construction doesn’t differ too much to the regular type (both require detailed levels of planning and skilled labour), it does take steps to ensure that the buildings affect on the environment is kept at a minimum. It is important to ensure that you are aware of the guidelines that could affect your commercial project. So, what are some of the guidelines that affect the commercial construction of today?

One example of this is central air conditioning systems; most of the newer units on the market today are much more efficient than those that were available 10 or even 5 years ago. The building will also be doubly checked for seals and leaking ducts, as these problems cause equipment to work overtime (especially the air conditioning), which defeats the purpose of using equipment with a good energy star rating.

This can be achieved in a number of ways, including the use of less materials and energy during this process. Unfortunately, all of the materials used in commercial construction will produce some sort of waste by-product; instead of throwing this waste into landfill, however, the guidelines stipulate that they should be recycled or compacted as much as possible (as this still reduces our carbon footprint).

In terms of commercial construction, this could involve using less water to accomplish necessary day-to-day tasks (such as flushing the toilet) and the conversion of wastewater into fertiliser. There are a number of toilet and plumbing systems that use less water per flush and that include faucets that cannot accidentally be left on (they usually operate off a sensor). The use of wastewater as a fertiliser also negates the need for wastewater treatment systems, which are energy hungry.

Whilst some builders may find that these new ‘green’ guidelines are just there to make their lives harder, it is important to remember that they have been put in place with good intentions. It is important to preserve the environment, so that our children and grandchildren will be able to enjoy it to the same level that we have. And, as commercial construction can have a big effect on this, it is important to lessen these as much as possible.…

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Sell Your Real Estate With Sound Words Of Advice

Trying to find a good approach in selling your property when it comes to real estate could be tricky. It is best to be fully prepared before you launch yourself into the real estate market. Reading this article is an excellent starting point that will help you to make better decisions. A few minutes could help you sell your house for thousands more.

The work and cost involved in maintaining a home, from minor repairs to landscaping, can become a huge hassle. However, neglecting the maintenance of a home can result in delays in closing on a home’s sale if a buyer insists that certain tasks be performed before closing, and it can also negatively impact the sale price a buyer pays for a home because buyers will be calculating how much they will have to spend on painting or repairing leaky faucets.

Before you put hour house on the market, consider installing some energy-saving elements that will appeal to purchasers. If you put in things like LED bulbs, an energy monitor, and outdoor solar-powered motion lights, it may increase buyer interest in your home because of the savings they provide.

Empty your home out as much as possible, even if you’re still living there. Give your potential buyers the space they need to imagine the home as their own. By sorting through your things and discarding those you don’t actually want, you not only make this possible, but you also make it easier for you to make the actual move when you need to.

You might find yourself deep in negotiations, depending on the sale price of your home and the market in its area. If you want to sell your property as quickly as possible, remain flexible and take the first decent offer. If you don’t need to sell the home quickly, hold out for an offer which is more advantageous to you.

Use as many different channels as possible when searching out buyers for your real estate. Speaking to an agent, using the Internet, or looking yourself can help you sell your real estate. In order to effectively sell your property, consider all the options at your disposal.

Wipe counter tops and appliances. The floors should be swept and mopped throughout the house, and the restroom should be accessible and tidy. Have your children put their toys away. Do not leave clothing or dirty laundry any place where it can be seen. Do not distract potential buyers with a dirty home.

Ideally, your home should be listed for sale during the winter and spring months. Buyers generally like to be all set up and comfortable around summertime.

When selling your property, asking for feedback after you hold an open house event can be very helpful. Buyers can write this or you may ask it directly from them. You can use negative feedback to makes changes in order to get your home sold.

Now that you’ve spent a few minutes of your busy day reading about how you can properly sell your home in any market, the next step is to obviously put these tips to work for you via action. It’s not always going to be easy to sell a home, but using these tips will help to simplify the process.…

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Top Ideas To Consider Before Your Next Commercial Real Estate Venture

Fact is, the potential for commercial real estate profits usually surpass that of residential properties. Sometimes it can be difficult to find the best opportunities available. These tips will help you understand the different aspects of the commercial real estate market, in order to turn a nice profit.

Don’t make any big real estate purchases until you’ve evaluated the unemployment rates, income levels, and expansion rates of the area. Commercial property near hospitals or schools have higher property values; these properties are also easier to sell.

Take plenty of pictures of the building. Make sure your pictures clearly show any damage or defects, including carpet stains, holes in the walls or discoloration of plumbing and counter tops.

Consider visiting websites that contain a wealth of information beneficial to new and seasoned commercial real estate investors alike. It is always best to work with as much information as possible, so take the time to absorb everything you can when working with commercial real estate.

Commercial real estate involves more complex and longer transactions than buying a home. You should understand that although this is a huge undertaking, when all is said and done you will receive a big return on the investment.

When choosing brokers with whom to work, find out the amount of experience they have dealing with commercial properties. It is important that their experience fall in line with your buying and/or selling goals, so make sure to ask what their specialty is. You need to get into a type of exclusive agreement with your broker.

If you desire commercial property for rental purposes, locate buildings that are simply yet solidly constructed. A well-built building will attract tenants quickly because tenants want a property that is solid. Not are the buildings more sturdy, there will be less maintenance issues for the owner and the tenant.

Ensure that you have reviewed your contracts before negotiating leases so that you minimize the chances of default. If you cover all the applicable issues, then you make it far less likely that potential tenants will default on their lease. You do not want this to happen to you.

Be sure to have a professional building inspector go through your property before you put it up for sale. Repair any problems that the inspector finds immediately.

Take tours of properties with purchase potential. It’s a good idea to hire a building contractor to come with you and do on-the-spot inspections of properties you are considering. Open negotiations after making your offer. Before making any sort of decision after a counter offer, evaluate it once and then evaluate it again.

Consider what youR actual goals are before you begin to invest in commercial real estate. Make a list of the property features most important for you, such as square footage, number of offices, conference rooms, and restrooms.

You now have a clear understanding of what it takes to work with commercial real estate. Exercise flexibility and quick thinking while you use the market. This will put you in a position where you can capitalize on amazing opportunities which others miss, and end up making a deal which brings you great profits.…