As a licensed real estate broker, I understand what it takes to get a typical ransaction closed. It takes time, patience, and the coordinated skill of several licensed professionals. That goes double for an investment deal. This brings us to the second reason as to why 99% of new real estate investors fail.
Of course, remember it is all negotiable and the time period might be too long for the seller. In the end, I try to encourage a win, win situation for myself and the seller. You will have a better chance for a successful deal.
When you are searching for a home in San Diego, you must make a particular point of looking over the foundation and exterior of each home you see. This is because the region is prone to experiencing earthquakes. You must know if any of the properties you might buy have earthquake damage that was never properly fixed. If the foundation of your San Diego house has even the tiniest cracks, there could be severe repercussions.
A very good listing company would have a resort directory featured on its website. This is actually one very powerful substitute for ocular inspections.
The next day I received a call from my beste online Broker telling me that we had an offer on the house for nearly the asking price. While in the process of completing my counter-offer (and having it accepted), she called again the next day and told me we had another offer if the first one fell through. For the next few hours, I was busy faxing and signing agreements securing the sale of my home and office to one of two parties.
The internet is often thought to be the starting point for any search and this is no different. You can locate condominiums that are new and pre-owned through the many websites that you have to select from. One reason these sites are so popular is the ability to only look at those that meet your specific desires. You are able to narrow choices down by bedrooms, prices, amenities and even features in the unit.
Finally, Century 21 called, made an offer that was moderate, Sharon politely accepted the gold jacket and called aunt Janice with the news. Aunt Janice was cautious but congratulatory too. And yes, she would give Sharon a loan until she earned her first commission. Three months later, Sharon arrived at Aunt Janice’s home unannounced with a commission check in the amount of $22,130.00 in hand! They sat on the couch and thanked God and sipped sweet tea all while discussing investing the money. Sharon was on her way now. She had been reborn and the old Sharon and that old life was a distant memory. Now, where did she put Byron Mile’s business card again?