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The Top 10 Objections Sellers have to “Subject To” - How to Overcome them and get the Deal! ©2009 by Wendy Patton Before I start with the list of Subject To objections and how to overcome them, let me say that I understand most people get nervous about dealing with objections from the sellers. They worry that if they don’t have the right answer they will lose the deal. Here’s the thing with seller objections, if a seller is raising objections and ...
Submitted on
25-Nov-09 10:00 AM
by Wendy Patton
Selling in a Down Market. What Can I Do? ©2009 by Wendy Patton It’s in the news day after day about how bad the real estate market is across the country. Available supplies are rising, builders are cutting back, the sub-prime mess, prices are dropping, etc, etc. We both know that while many areas in our country are experiencing challenged real estate markets not every market does. Real estate is local, so there are some markets going down and some going up, no matter how ...
Submitted on
24-Nov-09 5:00 PM
by Wendy Patton
By John Hyre, Tax Attorney, Accountant, Investor
Keeping your tax bill low is a war of details. There is no magical silver bullet that holds the IRS at bay. Rather, the tax code lets us cut a little here and a little there. It’s all in the details. Such “details” include your children. There are lots of ways to use the little darlings (I use the term loosely and obviously am not referring to teenagers!) to cut your tax bill. This article will focus on how to hire minor children in your ...
Submitted on
30-Oct-09 9:00 AM
by John Hyre
By John Hyre, Esq.
One of the most common questions that real estate investors ask is: Which entity should I use? The correct answer usually depends on a large number of details…the exact nature and size of the business, the investor’s source and type of income, the number of family members, etc. This article will set out some general rules for picking a structure. Your mileage may vary based on your own personal facts and circumstances.
Rule One: Limited Liability Company’s ...
Submitted on
30-Oct-09 9:00 AM
by John Hyre
How to Keep a Positive Perspective
in a Negative Market
"Whether you think you can or you think you can't, you are right" - Henry Ford
I am sure you've heard the expression, "Attitude is everything." This is very true. Right now, it's simply your attitude and mentality that will give you the edge over others who are trying to invest in this highly violatile market. You've undoubtedly heard the importance of thinking positive and having the right attitude. Most people are ...
Submitted on
26-Sep-09 5:00 PM
by William Bronchick
Owner Financing Mechanics
by William Bronchick, Esq.
To sell a house quickly, it must be attractive and so should the terms. By fixing your home to present it in the best light and offering flexible terms as well, you have in fact given your buyer an "offer they can't refuse." When offering your house for an all-cash purchase only, you limit your market. If you're flexible on the financing terms of the property, you increase your pool of buyers and thus the demand for your house ...
Submitted on
26-Sep-09 11:00 AM
by William Bronchick
by William Bronchick, Esq.
I bet you wrote down your goals in January 1st this year. Is that all? Did you re-think them this month and write it down again? If you don't know what your goals are, how are you going to measure whether you've reached them. And, I would bet that if you didn't write them down at all, you are in the same financial position as you were on January 1st. Ouch!
Is it time for a change of strategy? Maybe so, read on...
Take the most accurate archer, ...
Submitted on
26-Sep-09 11:00 AM
by William Bronchick
Zero In On Motivated Sellers
by William Bronchick, Esq.
When investing in real estate, you want to focus your efforts on motivated sellers. This is true especially if you are just starting out. and dealing with motivated sellers makes the process go even faster, which means cash in your pocket sooner rather than later.
Motivated sellers are people who MUST sell their homes. So...what motivates a seller to have to sell his home? Financial distress for one. Maybe he is behind on ...
Submitted on
14-Aug-09 8:00 AM
by