Pricing right your real estate or property is a big concern. If you choose to over price your property by ignoring the sales comparables in your neighborhood you will instantly lose a significant amount of potential buyers for your property. Once you've achieved a realistic sales price, you can count on your property being professionally marketed and promoted to bring more buyers to your door. You can also expect to sell your home for the best possible price in the lease amount of time.
The value we place on our greatest asset is rarely the price the market is willing to pay. At The Real Estate Consultants we try and provide you with the most realistic figure we can. The single most important decision you will make with your Real Estate Professional is determining the right asking price for your property.
We base our free appraisals on comprehensive reports which detail the following:
• Comparative sales from the past 6 months
• What is currently For Sale on the market
• Your area statistics of median sale prices, demographics etc
• Discussions with you and your price
The Benefits of Pricing Right
Your property sells faster, because it is exposed to more qualified buyers.
• Your home doesn't lose its "marketability."
• The closer to market value, the higher the offers.
• A well-priced property can generate competing offers.
• Real Estate Professionals will be enthusiastic about presenting your property to buyers.
How to Price your Property
These are the few important points to remember before pricing your real estate or property:
Market conditions
Find out how long recently sold comparable properties were on the market before they sold. The longer properties are on the market in your area, the more vital it is to price your home close to market value if you want to sell quickly. Get a free estimate of your home's value to find out where you stand.
Size of your land
The size of your lot may play a pivotal role in pricing your home, especially if there are many comparable homes for sale on varying sizes of lots. See what comparable lots alone are selling for in order to get a sense of land prices.
Comparable sales prices
The most reliable indicators of current market value are pending sales of properties similar to yours and comparable sales that have closed within the past six months. Find out whether or not these were full-price sales. If houses are selling for 95 percent of their list price, it's unwise to price your property more than 5 percent above what you expect to get.
Square footage
Use square footage to compare your price against comparable listings and recent sales. For example, if you have 2000 square feet and you want to price your home at $200,000, that's $100 per square foot. If your neighbor has 2,200 square feet and has his home priced at $200,000, that's about $91 per square foot. Make sure your square footage calculation supports your expected price.
Features
The number of bedrooms and bathrooms is a key variable in pricing a property. If your area is full of homes with two bathrooms, and you have only one bath, you may need to adjust your price downward.
The Real Estate Consultants want to ensure that your property does not sit on the market longer than it has to and we want to provide for the highest price the market is willing to pay at any given time. The only way to really be sure is to have a property valuation carried out on your property. That's why we at The Real Estate Consultants recommended a professional written valuation on every listing.
We don't buy our listings with over pricing of properties we have a service and process that we believe works - Let us do our jobs and sell your property for the highest price, that's what we do best!
For more details on Real Estate visit our http://www.halfvalue.com and http://www.halfvalue.co.uk web sites.
Tuesday, October 03, 2006
Why invest in deeded timeshare?
Interval ownership, also called timeshare, vacation or fractional ownership, is a sensible way to own your vacation property for just the period of time you will use it. Does it make sense to purchase a wholly owned condominium? For most people, this option is cost prohibitive and really does not make sense when you will vacation in the Vail Valley only a few times per year Interval ownership, also called timeshare, vacation or fractional ownership, is a sensible way to own your vacation property for just the period of time you will use it. Does it make sense to purchase a wholly owned condominium? For most people, this option is cost prohibitive and really does not make sense when you will vacation in the Vail Valley only a few times per year.
I am writing to explain what a deeded interval ownership timeshare is and what the difference is between types of timeshares people are selling these days. I hope this guide helps everyone out there decide which is best for them when they purchase their vacation.
As an old timeshare salesman from when it was big I have done a lot of research about what I sold. From what I understand there are many types of timeshares out there such as deeded, lease and the points system. The two I am going to talk about are the two most popular, deeded and lease. Hopefully I can explain what the differences are and can help you decide. When taking a vacation there are several ways to go. You can go stay with family but family is like fish, after a couple of days they start stinking. You can go camping in a tent (yuck) or a camper but you then have to pay for the camp site, gas and not to mention the camper.
The second way is staying in a hotel. You have different places to go and you don't spend any money until you actually go on vacation. The bad things are this.
(1) When the Days Inn opened in the 1960s it was called the 7 Days Inn because it was only $7 per night. The same hotel now is around $160.00 per night. Say the average price of a room right now is $80.00 per night. You stay for the week, that is $560.00. For the $560.00 you a room, thats it 1 room with two beds and a bathroom. Pretty crammend for a family. Lets say you vacation for 10 years and the price of the hotel never goes up (which is crazy). At the end of the 10 years you have spent $5,600.00 for 1 bedroom. Other than the memories what do you have? Nothing! you just payed all of that in rent and helped the guy that owns the hotel pay the mortage. Kinda sounds stupid doesn't it!
(2) When you stay in a hotel you don't know who stayed there before you and if you ever watch a maid clean a room.
(3) Think about who goes to hotels hooker, drug dealers, child molesters, etc.
The third way is Timeshare. But there different types so you need to be informed. The two types I'll discuss are leased timeshare and deeded timeshares.
(1) Leased timeshares go like this. You buy a timeshare for $10,000.00 to $20,000.00 and it is yours for a limited time. It's great because you know you are gong to stay in a nice 2 bedroom 2 bath condo and you know there wasn't any trashy people before you because you are all owners and you take care of what is yours.l At the end of 20 years you have wonderful memories but you still payed RENT to someone so they could pay there mortage.
(2) Deeded timeshare go like this. Plane and simple, you own it! You actually get a deed to the property and it is yours forever. When you die it goes to your heirs, just like your house and land. It is recorded in the county courthouse and you get a deed. You spend the upfront cost and once it is payed for thats it . All you will owe after that is the maint. fees which covers your expenses and taxes and insurance. This guaranties that your family will have the same kind of vacation you have grown accustomed too for the rest of their lives. What you are actually doing is locking in the price of your vacation at todays prices not to mention the price for your children and their children etc.
With a deeded timeshare you also have that sense of knowing that everyone else that owns with you has the same investment. People tend to take care of their investments. On this note I can mention that all of the resorts try to take care of their investments so you don't get the same type of people that stay in the hotels.
One more thing is this as an owner; you have your say in everything that goes on at the resort so you know that things will be run as you would run your property.
(1) Look for a resort that has a high exchange rate so you can join RCI and vacation anywhere in the world.
(2) Make sure your resort in a resort of international distinction or close. That way you know it is a first class resort.
(3) The most important thing. I can tell you is this Buy the cheapest way you can. Look for fore closers and people just wanting out for some reason. This way you can get a week that cost $8,000.00 new for a lot cheaper. You still get a deeded piece of property for a fraction of the cost.
(4) You don't have to buy close to home. If you plan on using it for exchange then you can own across the country. You'll never be there so why buy close to home.
For more information on Deeded Interval Ownership Timeshare visit our http://www.halfvalue.com/ and http://www.halfvalue.co.uk/ websites.
I am writing to explain what a deeded interval ownership timeshare is and what the difference is between types of timeshares people are selling these days. I hope this guide helps everyone out there decide which is best for them when they purchase their vacation.
As an old timeshare salesman from when it was big I have done a lot of research about what I sold. From what I understand there are many types of timeshares out there such as deeded, lease and the points system. The two I am going to talk about are the two most popular, deeded and lease. Hopefully I can explain what the differences are and can help you decide. When taking a vacation there are several ways to go. You can go stay with family but family is like fish, after a couple of days they start stinking. You can go camping in a tent (yuck) or a camper but you then have to pay for the camp site, gas and not to mention the camper.
The second way is staying in a hotel. You have different places to go and you don't spend any money until you actually go on vacation. The bad things are this.
(1) When the Days Inn opened in the 1960s it was called the 7 Days Inn because it was only $7 per night. The same hotel now is around $160.00 per night. Say the average price of a room right now is $80.00 per night. You stay for the week, that is $560.00. For the $560.00 you a room, thats it 1 room with two beds and a bathroom. Pretty crammend for a family. Lets say you vacation for 10 years and the price of the hotel never goes up (which is crazy). At the end of the 10 years you have spent $5,600.00 for 1 bedroom. Other than the memories what do you have? Nothing! you just payed all of that in rent and helped the guy that owns the hotel pay the mortage. Kinda sounds stupid doesn't it!
(2) When you stay in a hotel you don't know who stayed there before you and if you ever watch a maid clean a room.
(3) Think about who goes to hotels hooker, drug dealers, child molesters, etc.
The third way is Timeshare. But there different types so you need to be informed. The two types I'll discuss are leased timeshare and deeded timeshares.
(1) Leased timeshares go like this. You buy a timeshare for $10,000.00 to $20,000.00 and it is yours for a limited time. It's great because you know you are gong to stay in a nice 2 bedroom 2 bath condo and you know there wasn't any trashy people before you because you are all owners and you take care of what is yours.l At the end of 20 years you have wonderful memories but you still payed RENT to someone so they could pay there mortage.
(2) Deeded timeshare go like this. Plane and simple, you own it! You actually get a deed to the property and it is yours forever. When you die it goes to your heirs, just like your house and land. It is recorded in the county courthouse and you get a deed. You spend the upfront cost and once it is payed for thats it . All you will owe after that is the maint. fees which covers your expenses and taxes and insurance. This guaranties that your family will have the same kind of vacation you have grown accustomed too for the rest of their lives. What you are actually doing is locking in the price of your vacation at todays prices not to mention the price for your children and their children etc.
With a deeded timeshare you also have that sense of knowing that everyone else that owns with you has the same investment. People tend to take care of their investments. On this note I can mention that all of the resorts try to take care of their investments so you don't get the same type of people that stay in the hotels.
One more thing is this as an owner; you have your say in everything that goes on at the resort so you know that things will be run as you would run your property.
(1) Look for a resort that has a high exchange rate so you can join RCI and vacation anywhere in the world.
(2) Make sure your resort in a resort of international distinction or close. That way you know it is a first class resort.
(3) The most important thing. I can tell you is this Buy the cheapest way you can. Look for fore closers and people just wanting out for some reason. This way you can get a week that cost $8,000.00 new for a lot cheaper. You still get a deeded piece of property for a fraction of the cost.
(4) You don't have to buy close to home. If you plan on using it for exchange then you can own across the country. You'll never be there so why buy close to home.
For more information on Deeded Interval Ownership Timeshare visit our http://www.halfvalue.com/ and http://www.halfvalue.co.uk/ websites.
What is Real Estate?
Real estate is the term used for land and anything that is permanently affixed to it. Fixtures include buildings, fences, and things attached to buildings, such as plumbing, heating, and light fixtures. Property that is not affixed is regarded as personal property.
Real estate is a legal term that encompasses land along with anything permanently affixed to the land, such as buildings. Real estate is often considered synonymous with real property , in contrast with personal property . However, for technical purposes, some people prefer to distinguish real estate, referring to the land and fixtures themselves, from real property, referring to ownership rights over real estate.
Category of Real Estate
• Residential property
• Commercial property
• Equities
• Government bonds
• Corporate bonds
Since the 1970s, home buyers have been given additional protection under the law. Many states and municipalities require a seller of real estate to file a truth-in-housing statement. A seller must disclose any problems with the home, such as a wet basement or the presence of termites, on the form. Failure to disclose this information can result in the revocation of the purchase agreement or a lawsuit by the buyers against the seller for fraud. In addition, some laws require an inspector to visit the property to determine if there are any problems.
Most purchases of residential real estate require the buyer to obtain a mortgage from a bank or other lending institution. The lending institution receives a security interest on the real estate, which means that if the borrower defaults in paying back the mortgage, the institution can obtain title to the property and resell it to pay off the mortgage debt.
Real Estate Agent
Real Estate agents are the mediator between buyers and seller of the property or Real-estate. You deal with face to face with real state agent when buying or selling property. These are the people on the front lines of the real-estate market and perform such tasks (amongst others) as showing homes to perspective buyers and negotiating transactions on behalf of their client. An agent must have a state license and be supervised by a real estate broker.
Most agents are completely dependent upon commissions from sellers for their income, so it pays to find out which side the agent represents (buyer, seller or both) before you place too much trust in the agent's opinion. Real-estate agents often work on a commission basis, their income dependent upon their ability to find property suitable for their clients and closing transactions.
For more details on Real Estate see our What is Real Estate? Page.Visit our http://www.halfvalue.com/ and http://www.halfvalue.co.uk/ web sites for more info.
Real estate is a legal term that encompasses land along with anything permanently affixed to the land, such as buildings. Real estate is often considered synonymous with real property , in contrast with personal property . However, for technical purposes, some people prefer to distinguish real estate, referring to the land and fixtures themselves, from real property, referring to ownership rights over real estate.
Category of Real Estate
• Residential property
• Commercial property
• Equities
• Government bonds
• Corporate bonds
Since the 1970s, home buyers have been given additional protection under the law. Many states and municipalities require a seller of real estate to file a truth-in-housing statement. A seller must disclose any problems with the home, such as a wet basement or the presence of termites, on the form. Failure to disclose this information can result in the revocation of the purchase agreement or a lawsuit by the buyers against the seller for fraud. In addition, some laws require an inspector to visit the property to determine if there are any problems.
Most purchases of residential real estate require the buyer to obtain a mortgage from a bank or other lending institution. The lending institution receives a security interest on the real estate, which means that if the borrower defaults in paying back the mortgage, the institution can obtain title to the property and resell it to pay off the mortgage debt.
Real Estate Agent
Real Estate agents are the mediator between buyers and seller of the property or Real-estate. You deal with face to face with real state agent when buying or selling property. These are the people on the front lines of the real-estate market and perform such tasks (amongst others) as showing homes to perspective buyers and negotiating transactions on behalf of their client. An agent must have a state license and be supervised by a real estate broker.
Most agents are completely dependent upon commissions from sellers for their income, so it pays to find out which side the agent represents (buyer, seller or both) before you place too much trust in the agent's opinion. Real-estate agents often work on a commission basis, their income dependent upon their ability to find property suitable for their clients and closing transactions.
For more details on Real Estate see our What is Real Estate? Page.Visit our http://www.halfvalue.com/ and http://www.halfvalue.co.uk/ web sites for more info.
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