Key Truth Articles - Articles - Real Estate

What's a Pocket Listing and How Can You Profit From It?

no@spam.com (Paul Kleinmeulman) — Tue, 12 Feb 2008 06:38:16 EST

When homes go on the market to be sold, they are listed in what is called the Multiple Listing Service, or MLS, which is a listing funded cooperatively by realtors. This listing shows all the homes that are available for purchase within a given area and contains all the vital information about specific properties. A pocket listing is a property which is either listed after already having been sold or is listed on the MLS without enough time for other realtors to act before the property secures a buyer. Although the practice of pocket listing is considered unethical and is frowned upon by realtors it still does take place.

Taxing Times � Tax Info to Know with New Home Ownership

no@spam.com (Paul Kleinmeulman) — Sun, 10 Feb 2008 00:39:57 EST

Taxes are calculated by determining the amount needed to provide services to the community and the amount is spread across the community based on taxable market values and property class rates. Property taxes are then based on an assessed value. Assessors set your home’s value by comparing what similar homes in your neighborhood actually sold for in the last year. Property taxes do not fund either the state or federal government, but are funded by income and state taxes.

It�s All About Location- Five Popular Places to Invest in Timeshares

no@spam.com (Paul Kleinmeulman) — Wed, 02 Jan 2008 11:05:35 EST

Ask anybody and they will tell you, when it comes to timeshares, location is the name of the game. Those who choose a prime location are ahead of the pack from the get go. According to the American Resort Development Association (ARDA) timeshares are gaining in popularity all of the time. Across the globe there are on average 5,310 timeshare properties and of these 1,517 can be found in the United States. This is an increase of fiver percent in 1997 when there were 1,204 timeshare properties to be found in the United States. Approximately 85 percent of the timeshare owners reported to be satisfied with their timeshare vacation properties.

Making a Rental Income with your Timeshare

no@spam.com (Paul Kleinmeulman) — Wed, 02 Jan 2008 10:57:11 EST

Timeshares take a lot of the hassle out of vacation planning because you know that you and your family have a guaranteed place to stay that is roomy and comfortable. Most timeshares have a kitchenette while some have a fully equipped kitchen so you save money on food because you can buy and prepare your own meals instead of eating out all of the time. For any number of reasons, some timeshare owners decide to rent out their timeshare whether it be only once or often over the years. On a given year when taking a vacation is not possible, renting out the timeshare can be a way of bringing in some extra income.

What Bird-dogging Means in the Real Estate World

no@spam.com (Paul Kleinmeulman) — Wed, 02 Jan 2008 02:06:45 EST

A person involved in bird-dogging is one who creates a contract for a real estate deal that they would turn over to an authorized dealer. This contract often will contain the sale agreement of low-priced real estate that can be fixed up for a profit.

Some real estate agents will use the terms bird-dogging to mean exactly the same thing as the term flipping. Essentially these terms mean the same thing, because they both involve making a transaction.

The major difference between the term bird-dogging and the term flipping is the following: Bird-dogging is the process of turning over a piece of property, and flipping is the actual action of buying, fixing up a home, and selling it. A profit can be made from both.

Commercial vs. Home � The Ins and Outs of these Two Real Estate Types

no@spam.com (Paul Kleinmeulman) — Sun, 30 Dec 2007 22:46:31 EST

If you are considering becoming a real estate agent, or even to own your own real estate business, you will want to consider all your options. There are two main types of real estate on the market today-commercial and home real estate.

Being Your Own Boss in the Real Estate Game Can Pay Off

no@spam.com (Paul Kleinmeulman) — Fri, 28 Dec 2007 23:04:58 EST

Being your own boss in the real estate world can definitely pay off, but it requires quite a bit of time and money. It could take you quite a few years in some cases to reach your financial goals. However, do not be discouraged. The harder you work the sooner you will be able to let go of your day job.