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Characteristics of Green Real Estate

Insulations are made from recycled materials

Home insulation is necessary because it affects the hotness and coldness of home’s interior on given times of the day. Insulations have gone far from bearing the color of pink because they have learned to be greener or eco-friendlier. Common house insulations made from recycled materials include old shredded denims, hemp, and cotton. These materials are known to have reduced noise. They also have sealing capabilities. A top-notch choice among green home buyers is insulation made from icynene – derived from used castor oil. It forms spongy-cake substance which can reduce a home’s energy bill to as much as 50%.

Furniture close to nature

When buying a green home, you should also consider the furniture that composes the home’s interior. From tables, chairs, cabinets, shelves, and other fixtures – you should ensure that they are made from sustainable materials. For instance, there are tables made from FSC-certified bamboos and reclaimed teak. Consider the space-saving values of chairs. There are types that can be folded and stored flat when not in use. There are also cabinets and shelves made from corks or the renewable barks of common hardwood trees.

Availability of solar water heater

Water …

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Condo Board Responsibilities

Playing By The Rules

The rules and laws that you need to abide by will have been created by both the state government and the governing documents created by the condo association that runs the project, so it is vitally important that any actions you take as a member of the board follow these rules.

This serves to protect the condo and ensure that no bad decisions can be blamed on a failure to follow proper procedure. It also protects investors from potential legal action against them should it be discovered that something is not being done as it should be.

You will also be responsible for enforcing what are known as the “covenants”, which are the rules that all of the residents of the condo need to follow. These rules must be enforced fairly and evenly, without any favour being shown to any residents.

Acting In The Best Interests Of The Condo

Investors will be expecting to make a return on their investment, so it is important that every decision you make as part of the board is made with the best interests of these people in mind.

Of course, this shouldn’t stretch so far that you start breaking …

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Finding a Realtor

Talk to his/her past clients.

The time which your house will spend on the seller’s market depend on many factors. But sometimes, it can become dependent on how your realtor works on exposing your property to potential buyers. Know how often he or she sells properties. More often than not, there are reviews on realtor websites. These can help you figure who their clients are.

It is also possible that one of your relatives, friends, or current neighbors are past clients of the realtors in your shortlist. They can be your first lines of information. Talk to them carefully. It is a key that can help you past thousands of dollars.

There are a lot of realtors out there. There are actually a lot of good realtors. But will you settle for someone who is good enough if there can be someone who is stellar – perhaps a rock star when it comes to selling properties.

Know the realtor’s history.

History is probably one of the most boring subjects to many persons. But, in real estate, history well-served gives the results deserved. After talking to past clients, you can at least have a glimpse of a realtor’s history. You have …

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House Staging

  1. Benefits/ possibilities: As the lyrics of the song, go, Accentuate the positive, eliminate the negatives, staging is often done, to achieve, the objective, of being able to show off a home, in its finest light! Sometimes, this means, simply, de – cluttering, or adding accent lighting, etc, while, at other times, a larger effort might be indicated. Sometimes, one hires a home – stager, to bring in, furniture which will make rooms appear, warmer and friendlier. larger or more, user – friendly! The height of chandeliers, often makes the room’s dimensions, appear, considerably different. When potential buyers are viewing a house, many lack the ability and/ or perception, to visualize, what the possibilities of a home, might be, and, thus, staging helps these people, see things as they might be., Selling a home, professionally, and proactively, often, means, ensuring, every viewing, is, appealing to the potential buyer!
  2. Marketing: Many potential buyers, make their decision, whether to look at a particular house, is based on how a house, looks, in the pictures, posted on the Internet. Therefore, professionally staged houses, often, have a marketing advantage, because they attract, more qualified, potential buyers, to consider, proceeding forward, and taking a look.
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Maximizing Small Space Through Rooftop Farming

If you have a space to spare in your rooftop, you too can start rooftop farming in your home or office. Rooftop farming is a practice that lets people make use of any rooftop space that they have for farming as well as gardening. Different crops can be grown depending on the space that you have. You can plant herbs and small vegetables if you have a small to moderate sized space. If you have bigger space, you can also employ vertical farming on your rooftop.

The benefit that can be acquired with rooftop farming is similar to the benefits that can be gained from other farming practices such as vertical farming and urban farming. Rooftop farming can possibly be considered as urban farming since urban farming seems to cover a much larger scale of farming practice in urban areas.

What makes rooftop farming unique is that even ordinary citizens can take advantage of it so long as they have a rooftop space to use. In addition, the materials and tools needed for rooftop farming can range from simple wooden crates to farming rails as well as ceramic and herb pots to complex ones with hydroponic systems. Here are some …

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Investing In Multi Family Properties

First is competition. There are going to be more investors going after those single family houses. This can drive the price of those houses up to a point where they will not cash flow for you. Do not depend on appreciation to create cash flow. You need your properties to be cash flow positive right out of the gate. If you are considering being a landlord, you might as well purchase a unit that has more than one tenant option.

Then there is the fact that you have more than one unit to rent out. If you purchase a single family house and the tenant skips town, you have to cover the entire mortgage payment until you get it re-rented. With a multi family, it would be highly unlikely that all of your units would be unoccupied all at once, giving you a bit of a cushion. If you have a four unit building, having one tenant gone may not even put you in negative cash flow! This could make all the difference in the world for your yearly profit.

Multi family units bring you more money per month. Depending on your market, duplex or triplex properties can be around …

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Checklist For Buying Real Estate

In order to avoid buying real estate that is in need of some severe work and requires more money on your part, you need to exploit a checklist for buying real estate. If this is your first venture into the real estate market, it is only normal for you to feel a bit frightened. There are risks allied with any type of investment, but you can reduce them by acting as a very careful and diligent buyer. It does take some time, however. So do not rush, or you may end up a sorrowful property owner.

You need to know what to anticipate during the purchasing procedure. You should take a glance at any contracts and know how to look for the ideal property. You should also be recognizable with making offers, evaluations, and mortgages and financing with other things.

If you are purchasing investment property such as housing, you need to initiate putting down on paper what type of deal you are looking for. Estimate the amount of money you will require to invest and what you be expecting to earn as a return on your investment.

Know what you mean to do in your instantaneous and long-term future. …

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Buying a HUD Home

Financial help-if you are eligible for an FHA loan, they have many different programs so you may be able to get some capital to buy the home. If the HUD home needs repairs check to see if you qualify for the FHA Rehabilitation Loan. This loan will provide the money needed for fixing and repairing your new home. Check the criteria for getting an FDA loan before buying a HUD home and if you qualify you can complete the process of getting a loan. If you are an EMT, legal officer, or teacher, it may be simple to get a HUD home because they offer some discounts to people in these careers. HUD may also pay up to three percent on your closing costs but this may only for those that are considered low-income. Your escrow fees may also be paid but it depends on the situation.

Properties available-there are many HUD properties on the market so you will have several choices of homes for sale. Some are left in poor condition while many are in good condition

Homeowners-when a person is buying a HUD home and plan to live there, they will generally have an advantage over one who …

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Keys To Preparing To Buy A Home

  1. Reduce debt – Pay down, or off: Begin your planning, at least, 6 months, prior to beginning your search! Do everything possible, to pay – down, your overall debts, and attempt to eliminate, as much as possible. Since most use a mortgage, to pay for a house, it’s important, to enhance your credit, and overall debt, is a major consideration, for most lending institution!
  2. Do not add, new debt: How many times, have you shopped, in a store, and been offered, a discount, if you open a store charge? This small, immediate savings, often, ends up, having longer – term, less – desirable ramifications, when it comes to applying for mortgages.
  3. Put together funding: At least 6 months, in advance, begin putting together the necessary funding, you will need, for a down – payment, closing costs, and reserves. Smart home buyers realize, it is wise, to put together, the equivalent of at least, 6 – 9 months, reserves, in order to make the overall process, the least stressful, reduce hassle, and enhance your enjoyment, of owning a home, of your own.
  4. Know, recognize, address, fix, and improve your credit: Begin by getting a copy of your Credit Report, from all
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Finding Unlisted Homes for Sale in Your Area

Pocket Listings

Some realtors hold on to a few listings and keep them in their “pocket.” They don’t list them on the traditional MLS where other realtors can show the house. By keeping them to themselves, realtors can limit who sees the home and, therefore, be the sole selling agent on the property. As such, unless you work directly with your realtor and ask them for suggestions, you may be missing out on a great find.

If your target home price is over $500,000, you probably should do the work to find a realtor with pocket listings. Some brokers specialize in these houses, while others only deal with them on occasion. Simply ask your realtor if there are any houses they don’t have listed to show you.

Expired Listings

When you list homes for sale, there is a contract involved that does expire after a certain period of time. If the homeowner is frustrated, he or she might not relist the property at the end of the contract. However, that person may still be wanting to sell. If you can talk to an owner of a recently expired listing, you might find that they are willing to give you a …

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