Archive for June, 2009

Short Sales Vs. Foreclosure. What are the Effects on your Credit?

June 30th, 2009
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Chuck Lunsford asked: Homeowners looking to stop foreclosure are faced with a number of options, one of which is doing a short sale. Some people, depending on their situation, may allow a property to go into foreclosure instead of attempting a short sale. One reason is they don’t want to keep the home in the [...]

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Published in Finance

Short Sale Real Investing

June 28th, 2009
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Stephen Campbell asked: If you want to be a competitive vendor in the market of real estate, you must know the technique of short sales. The main advantage of this technique is to allow discount to real estate investors from the lender.What are short sales in real estate investing?A short sale process comes in the [...]

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Published in Real Estate

Can I deduct real estate taxes in NY from more than one home on my federal tax return?

June 25th, 2009
4 comments Posted by admin

Albert T asked: I bought a new house and havent sold the first one yet? Can i deduct mortgage interest from both? What about real estate taxes? Both houses are in NY city.

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Published in United States

Real Estate Short Sales in the Santa Monica Market

June 25th, 2009
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Colin Whelan asked: With foreclosures on the rise in Southern California, the team at REALESTATE-SANTAMONICA.COM has been getting a lot of inquiries about short sales. Mostly people are asking what they are. Well in short…no pun intended, a short sale is a transaction where the lender is willing to take less money than what is [...]

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Published in Real Estate

Real Estate?

June 23rd, 2009
2 comments Posted by admin

Trice P asked: Im a 22 yr old African American female from Tennessee planning to take real estate classes in the fall. I plan to go into the field and succede either way but just wanted to know some success tips from established agents, brokers, lenders, or anyone having to do with the real estate [...]

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Published in Renting & Real Estate

Three Things you Should Know About Installing Hardwood Flooring in your Home

June 21st, 2009
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My Dream Home Registry asked: While it is not necessarily the most inexpensive of the flooring options available on the market today, hardwood floors are certainly one of the simplest and most lovely options available. Wood matches just about everything, and you don’ have to worry about vacuuming or those nasty smells that just won’t [...]

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Published in Interior Design

Short Sales and Your Credit

June 18th, 2009
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Josh Sloan asked: When considering a short sale, be aware of how it affects your credit and your ability to acquire another mortgage down the road. If you intend to buy again, a short sale may mean that you have to wait a shorter time and get a better interest rate than if you go [...]

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Published in Finance

How to get a California real estate license?

June 16th, 2009
2 comments Posted by admin

River C asked: I am thinking of getting a CA real estate license. I have never worked in real estate. I live in the Silicon Valley (bay area) of California. I am looking for a cheap and fast way of getting a license. I prefer taking real classes (instead of online classes). Please tell me [...]

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Published in Renting & Real Estate

Do you think a real estate license would be worth getting?

June 13th, 2009
4 comments Posted by admin

mxhazard asked: I am 22 years old. My boyfriend and I are planning to start flipping houses in the next year or so. My boyfriend is a carpenter. I am wondering if getting my real estate licence now would be a good move?

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Published in Renting & Real Estate

How do you start working with Real Estate Investors as a Property Locator?

June 10th, 2009
1 comment Posted by admin

shepherd3989 asked: It is also referred to as Real Estate Birddogs. How do I contact Real Estate Investors to offer my service’s as a Property Locator? Can you make good money doing this?

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Published in Renting & Real Estate
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