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Choosing a REALTOR

The ideal agent is not always the one with the most sales under his or her belt, or the most years on the job. The ideal agent is one who listens to you, is easy to get along with, and has the tools and skills to address your unique situation. Every home buyer is different. Some have credit issues. Some are buying from out of state. Some need help selling their current home in addition to buying a new one. Just as buyers have different needs, real estate agents have different skills and specialties. Here's how to find the agent who's right for you: 1. Ask friends and family for agent referrals.
Nobody knows you as well as your friends and family do. So they're often in the best position to recommend an agent who is well-suited for your needs. You can also trust a referral from friends or family more than one that comes from a stranger. 2. Talk to multiple agents.
I once saw a statistic that 84% of home buyers choose the first real estate agent they contact. This means one of two things. Either most people are choosing wisely the first time, or they're just rushing into things without shopping around. Probably a little of both. You don't have to exhaust yourself interviewing agent after agent, but at least talk with two or three to see who you're most comfortable with (which leads to the next point). 3. Consider the vibe factor.
Professional expertise is an important criterion when choosing a real estate agent. But interpersonal skills are equally important. After all, you'll be working with this person anywhere from 2 to 12 months, so it helps to get along with them. We all have unique personalities, and that's the way it should be. But when working with someone professionally, if helps if their personality "meshes" well with your own. 4. Ask how they hunt.
When deciding on a real estate agent, ask how they search for homes. Some agents have their own preferred listings that they favor. But you want what's best for you, not what's best for your agent. You're paying them, right? So make sure the agent is willing to search high and low to find the best home for you. That includes using the Multiple Listing Service (MLS) as well as their own personal network. 5. Read paperwork carefully.
This advice is heavily used for a reason. It's critical that you examine all documents during the home buying process, and that includes your agent agreement. At some point during the relationship, your agent will probably ask you to sign an agent agreement. Basically, it just means that if the agent shows you a particular property, your purchase of the property should be credited to that agent. In most cases it's a simple, just be sure to read it carefully and ask questions.  

Brandon Farber

Brandon Farber

 

Advertising Your Home

Have you ever wondered why that beautiful and well-kept house at the corner is still up for sale after almost six months? You’ve been there, asked around (no murders there), found the price reasonable, and yet … they have not received an offer to sell. You look around, and you notice nothing. A house, no matter how beautiful or how ideal it is, will definitely not sell if it is not properly advertised. If you are selling your home through an Agent, the Agency will handle most (if not all) of the advertising and marketing needed to sell your home. If you are doing everything by yourself, you have to make sure that no stone is left unturned. This doesn’t mean that you have to spend an entire fortune on advertising alone; you just have to know which advertising methods will bring the maximum media mileage for your property at a cost that is agreeable to you. The easiest and most economical way of advertising your house is to put up a “For Sale” sign in your yard and putting up posters in areas that generate a high volume of foot traffic (supermarkets, post office, etc). However, even if you put several posters in several key places, you will most likely, not reach the right market. Mind you, there is a chance that you will, but it will be very small. Putting up an on-line ad is another fast, easy and fairly economical way of marketing your home. For a small amount, your home and some photos can be uploaded onto the World Wide Web for a specific amount of time for everyone to see. Unfortunately, since it is available on the net, you are most likely to attract a wide range of people. It may take time before you can sift through all the inquiries your ad has generated. Placing an advertisement in a newspaper or a magazine that specifically dedicated to homes may be old fashioned, but it still is still one of the most effective ways of marketing your home. You have the option of putting a photo and you can lure buyers in by writing an interesting description about your home its features and amenities. You are not limited to just one form of advertising method. You can use just one kind, or all three. It really depends on you and your budget. In addition to the marketing effort, you should also prepare a Fact Sheet about your home. The fact sheet should contain all the pertinent details about your home. Don’t just put the number of rooms and toilets in your abode; make sure that you include the year the home was built, and the year when the last renovation was made.  

Brandon Farber

Brandon Farber

 

Advertising Rental Property

There are many different ways a landlord can advertise his / her rentals property. The kind of advertising that works best depends on numerous factors that include property characteristics, location, landlord’s budget, and whether he / she is in a hurry to rent. There are many combinations of advertising methods landlords and property managers use to achieve the best results, some of which are as under. 1. ‘For Rent’ Signs The most common method of advertising is the putting up of a ‘For Rent’ sign, either in front of the building, or in one of the windows. A relatively cost-free method, it works best if a lot of foot and motor traffic goes past the building. It also helps if the building is as attractive as the rental unit. 2. Advertising in the Newspapers As much of a tradition as ‘For Rent’ signs, newspaper ads are also available online, if the paper has an online version. Many potential tenants begin their search for a place to rent by scanning the classified ads in newspapers, while, out-of-towners can log on online to the local paper from wherever they are. Ads should always be placed in papers having many residential listings, as it has been found they work best. And, they should be targeted to produce the right kind of prospective tenants i.e. if a landlord primarily rents out to college students, the best bet is to advertise in the campus newspaper or put up a ‘For Rent’ sign in the housing office. To play it safe, it is also a good idea to list the rental in a general newspaper, as well. 3. Neighborhood Flyers As well, a landlord can post ads on neighbor hood public bulletin boards to be found at grocery stores, Laundromats or coffeehouses, complete with tear-off strips listing their phone number. However, if the property is upscale, this is not the best way to advertise for it, though there might be takers at the high-end gym down the street. 4. Listing Online Online rental services have mushroomed like crazy in recent years, from national in scope, to regional. After finding a residential rental listing for your area, you can add your property to it. 5. Home Or Apartment Finding Services Home or apartment-finding services are very popular in some areas, with landlords paying to list their properties, though sometimes it is the tenants themselves, who pay the fee when the unit is rented. 6. Spreading the Word Small-time landlords instead of advertising widely and screening potential tenants, find it easier to market their rentals through word-of-mouth i.e. telling friends, colleagues, neighbors, and current tenants. After all, people already living on your property will invite decent neighbors. So, when a property becomes vacant, simply send a note around to every one, asking them to tell friends or relatives about the available apartment. 7. Real Estate Offices Many real estate offices handle rentals, but of course, there is a fee involved. 8. Property Management Firms Going through a property management firm is the easiest way to do it. They handle advertising, showing tenants around, as well as, selecting tenants, collecting rents, and interacting with residents during tenancies (handling repairs, etc. etc.). A paid service, it is for landlords with large rental properties and no time to spare. Next Steps Once, the advertising has been done, the next step is to create a rental application and select a tenant. When advertising vacancies and selecting and rejecting applicants, read up on the Fair Housing Act, so as to avoid any inadvertent lawsuits. Evaluate prospective tenants by thoroughly checking out their rental applications, legal residency forms, and tenant consent forms for contacting references, performing credit checks and criminal and background checks. The only way to avoid unnecessary litigation is by screening prospective tenants and conducting background checks. Simply visit www.e-renter.com for tenant screening and background check services.  

Brandon Farber

Brandon Farber

 

Adverse credit mortgages - real estate borrowing with less than perfect credit

How far can you go to get the right thing? You would not mind making an extra effort in order to get it. Same is true with mortgages. And especially with mortgage for adverse credit. It takes time and patience to get the right one. Adverse credit mortgages are meant for those mortgage people who are struggling with the aftermaths of having adverse credit. Some lenders specialize in adverse credit mortgages. They are not uncompromising with qualifications for adverse credit mortgages. Having adverse credit would not reduce your chances of finding a mortgage. If you have adverse credit, you should start by checking your credit score. Credit score is easily available at the three credit reporting agencies - Experian, Equifax and Trans Union. Or you can get your latest FICO score. A credit score will provide the lender with the information about the credit risk you are as a borrower. Knowing your credit score will tell you where you stand as an adverse credit borrower. Also this will prevent you from getting duped by lender. Lenders might charge more interest rates for adverse credit than applicable.   For an adverse credit mortgage borrower accurate credit score will carry a lot of value. The credit score varies from 500-720. Since you have adverse credit your credit score might be below 580. Adverse credit borrower will have one of the following on their credit history.   Late payments: Timeliness of payments holds the maximum points in your credit score. Your credit score decreases by 15-40% with thirty day late payments. Outstanding credit: You may have no late payments yet adverse credit score. This is because you have outstanding debt. This may be because you have drawn over your credit limit. Try to distribute this overdrawing and you will find that you have improved your credit score in just a few weeks. Bankruptcy – bankruptcy will result in adverse credit. For an adverse credit mortgage, it will be more beneficial if you have a chapter 13 bankruptcy rather than a chapter 7. Foreclosure – A foreclosure stays on your credit report for 7-10 years and will mean adverse credit if you want a mortgage. CCJ – County Court Judgments or any court judgment will imply that you need to apply for adverse credit. Credit checks – Many credit checks could also result in adverse credit. Mortgage lenders are doubtful if there are many credit checks. Mortgage lenders are usually acceptable of adverse credit. This is because mortgage means you are giving your home as security for the loan amount. A home has a lot of latent equity. A good stable income, good equity and down payment will help you overcome the reverberations of adverse credit. The down payment for adverse credit mortgage is 10-20%. Different mortgage lenders have different criteria for adverse credit mortgage. This will mean that you will have to travel far and wide on the web space to find a lender has lending terms that suit you.   Just stop making any credit mistakes when you apply for adverse credit mortgages. •    Do not delay payments on your adverse credit mortgage.
•    Don’t close accounts.
•    Do not neglect revolving accounts like credit cards. Restrict the use of credit cards to the minimum.
•    Do not disregard your credit limit.
•    Do not ignore any negative information on your credit card. Try clearing it; it will cost you a lot if it stays.
     
Adverse credit mortgage is linked to high interest rates. However, that may not be the case with you. Remember that once you have taken adverse credit mortgage and start making regular monthly payment, in due course you will have a new improved credit history. So what if you don’t conform to the traditional mortgage rules.  If you have been told that you can’t get mortgage for adverse credit, it is simply not true. And if you are told you can’t be helped then start helping yourself with research. Shopping around for adverse credit mortgage will make you aware of what you can get with adverse credit mortgages at your terms. A smart shopper keeps on looking around till he finds the right thing. So, how far can you go to get the right thing?  

Brandon Farber

Brandon Farber

 

Adventures In The Real Estate Maze

Buying a house can be quite an adventure. This is what I realized when my wife and I went out to buy our own first house. We started with our own ideas of what we wanted in a house. We then consulted some real estate brokers to help us find the perfect house. Most of the houses that we saw were nice in their own way. However, they did not match up to the perfect house that we had in mind. Moreover, we were in no hurry to spend that kind of money on a house that was not up to the standards that we had set for it. So we looked around some more, and finally found the perfect house. And that was just the beginning of our adventure. Buying the house without external help was out of the question. So we went to a loan provider to check out the available home loan deals. Then we went to another loan provider, and then to another and another. After making innumerable rounds of loan providers, we finally found one who would give us a great deal. After all, we did not want to end up stone broke and live in an empty house with no furniture or electricity for all eternity. It felt great to finally find a loan that would suit our budget and which would also enable us to buy our ideal house. While on our house buying journey, we learned a lot of things. One was that real estate agents often quote really high prices. A lot of hard bargaining has to be conducted between you and the agent, and finally between you and the owner before everyone involved can be satisfied with the deal that was made. Once you have finished haggling on the price, finding the best home loan for your needs can be quite troublesome. In fact, these days, the problematic nature of getting at the right loan has been multiplied several times. The sheer numbers of home loans available make it difficult for someone who is new to the house buying business to make a smart and objective decision. A great deal of patience has to be cultivated by you if you want to sheaf through the scores of potential home loans that you could avail of. The Internet makes a lot of great home loan providers available at your fingertips. It is also not a bad idea to consult a broker who will have access to even more loans. Ultimately, just do whatever works best for you.  

Brandon Farber

Brandon Farber

 

Advantages to Shopping for Real Estate Online

The real estate market is one of the most complex markets in the entire world due to the fact that it is in a continuous change, thus making it a very dynamic market. The internet has a lot to offer consumers regarding real estate and as a result it is a great place to start shopping. Some of these advantages are: - It is inexpensive, if not free to list your home in an online property listing service. - It is a quick and easy method to advertise your property that is for sale/lease or if you would like to buy a property. - The buyer and seller have direct access to information about the property in question. This makes other forms of communication between the buyer and the seller obsolete. The internet is easy in comparison to the old-fashioned method of answering dozens phones calls or setting up numerous meetings. - Many websites that deal with real estate allow you to include up to 5 photos of your property. This is a lot more in comparison to a regular newspaper and you have complete control over the photos’ quality.  In addition you can highlight specific features about your property with the potential buyers. This can be very helpful if you are working to attract buyers from outside your local geographic area whom potentially need more explanation of certain elements. - Once listed, your home is available until you will sell the property. This is a big advantage if you consider that for a newspaper ad you will systematically have to pay a fee week after week. - These online real estate listing services have a nation-wide audience which will make your ad visible to the entire country; - Searching for the right house is very easy as these websites have filters which will allow you to only see the houses that meet your specific requirements. Therefore you can spend time looking only out houses that meet your needs without having to waste time looking at houses you aren’t interested in. Using the Internet for real estate will make you your own real estate agent without having to pay a great sum of money to an agent and also you will have full-control of the entire activity. Whether you are a home buyer or seller, it is very easy to search for the perfect house as the online offers are endless. Or, if you would like to sell a piece of real estate, there is no safer and quicker way to do it. Online real estate has become popular and is consuming are looking to the internet more each day as an easy place to get good information. As a matter of fact, more than 5 million people use the internet for real estate issues every month. With numbers like this it is easy to see how the internet can improve your chances for selling or buying a home. Another major advantage of real estate moving to the internet is that you won’t need a real estate agent to start your search. This is very important because we all know that real estate agents are of value but sometimes you just want to look. All in all, there is no better, safer and easier way to search for a home or to sell one than online as the internet has a lot to offer in the real estate market and it is rapidly developing, gaining more and more consumers everyday and thus improving your chances for a profitable buy/sell.  

Brandon Farber

Brandon Farber

 

Holiday Open House - Bring Friends and have a fun night out!

Come and enjoy a catered holiday open house at 111 Wheatland Court Lynchburg VA 24503. This home is all new construction and has all the bells and whistles. Offering a private pond and estate like lot setting up on top of a majestic hill overlooking one of Boonsboro's newest subdivisions, Ivy Creek Park . This home is truly a must see home - so invite some friends and stop on by for light hors d'oeuvres and cocktails. Door prizes include: Enjoy a free wine and cheese platter for two at Dish - downtown main street Cavalier gift certificate  A Holiday gift basket full of goodies for you to enjoy!   Date: December 3rd 2015 Location: 111 Wheatland Court Lynchburg VA 24503 Time: 5:30 to 7:30 Call or Text 434.879.3275 for more information, questions, or to RSVP

Katherine Farber

Katherine Farber

 

Acting Into Appraisals

Investments, terms for loans, processes, and other parts of real estate can often be overwhelming to someone who hasn't received a degree in real estate.  If you are looking for definitions and actions behind those definitions, then don't forget about getting the right appraisals.  This will help you if you are looking for the right market for your home. An appraisal consists of a professional opinion that is made about a property.  Included in this opinion are several factors that allow for this statement to be made.  Overall, the appraisal will lead to the conclusion of what the market value is.  If the market price can not be defined easily, then someone can look at the different parts of the property and determine what they believe the market price should be.  Usually, this will be done by an inspector looking at the various mechanics that may have been swept underneath the rug.   An appraisal is a necessary requirement when one is looking into selling a home or having the property insured or financed.  It may use several external resources and definitions of what market value may include in relation to the opinion being made in order to determine the price value of a home.  When getting an appraisal, you can expect that the estimates will be based around the various factors that are related to the market at the time.  Instead of just examining the parts of the property, an appraiser will also examine the neighborhood and see what everything else is worth in relation to the property.   By appraising a property, you will know how much the home is worth in relation to your own needs on the property and in relation to everything around it.  By observing the standards that are set both inside and outside, you will have the ability to know when the timing is right to get involved with your piece of real estate.    

Brandon Farber

Brandon Farber

 

Lindenshire Dr - Farmington Forest VA 24551

For more information you can send a text message to 54561 and put P25302 in the message field New Construction - Maintenance Free Living! Originally designed as the model home in our exclusive community, The Retreat at Farmington, this plan has been adapted for a variety of applications. With approximately just under 2700 finished square feet the open floor plan, spacious kitchen and living area complement any lifestyle. The design features both a main level master and a second flexible main level bedroom that can be used as either a bedroom, office, or craft area. Additionally, a 3rd bedroom and a full bath on the belowgrade level create a separate living space for guests and children. Offering a den and bar area. It's completely up to you. This home can be built either on a slab or basement foundation. Call your Realtor for more information about this great home and community and be sure to schedule your private tour. Floor plans are available along with other lots! More photos coming soon! - See more at: http://search.thelynchburgteam.com/idx/details/listing/a331/294476#sthash.UVyjx9jV.dpuf http://search.thelynchburgteam.com/idx/details/listing/a331/294476    

Katherine Farber

Katherine Farber

 

Cash flow ready townhome - calling all investors

http://search.thelynchburgteam.com/idx/details/listing/a331/293967 FOR MORE INFORMATION you can send a text message to 54561 and put P24723 in the message field. Calling all investors - this is a great rental property. Tenants already in the property and just signed a new lease for the year. Great location! Schedule your private showing today! - See more at: http://search.thelynchburgteam.com/idx/details/listing/a331/293967#sthash.oR1kAhol.dpuf

Katherine Farber

Katherine Farber

 

About Rental Insurance

Many renters don’t stop to think about what happens if there is a fire, someone breaks in and steals their new TV or stereo, or a visitor slips and falls on their property. The sad truth is; you will be responsible! While your landlord has
insurance that covers the actual building, that coverage does not include your personal property or liability for injuries which occur in the space you rent ~ be it an apartment or a house and yard. If a fire should destroy or damage your home, your landlord’s insurance will cover the structure. It won’t cover damage or loss of your belongings. Neither will it provide for the cost of temporary housing for you and your family. You may think you don’t own enough personal property to make the cost of insurance worthwhile. You’re probably wrong! If you sit down and add up the cost of everything you own, you may be in for a big surprise. Consider what you have invested in such things as: • Furniture and accessories
• Electronics like TV, stereo, computers
• Small appliances like microwaves, toaster ovens, etc.
• Clothing
• Art work like paintings or prints
• Dishes, silverware and cookware
• Sporting equipment
• Books
• Jewelry Could you afford to replace all of these things? Even worse, what would you do if a friend is injured on your property and decides to sue you for medical costs and more? It’s a scary thought, isn’t it? Are you beginning to see why rental insurance may be a very wise investment? The cost of rental insurance is based on several factors: • The dollar amount of your coverage • Deductibles • Whether you choose to be reimbursed for Actual Cash Value or Replacement Costs (more about that in a minute) • Where your rental property is located and the number of previous claims made, not only by you, but by others living in the same area. Let me explain the difference between Actual Cash Value (ACV) and Replacement Costs. ACV is the value of your property at the time a loss takes place. For example, if your television set is five years old, it’s valued at much less than if it were brand new. The lesser amount is what you are reimbursed. However, if you opt for Replacement Cost, you’re paid whatever it costs to go out and buy a new TV with similar features. Insuring for replacement cost raises the amount of your premium so it’s a good idea to get quotes for both ACV and Replacement Cost policies. Then you can decide which option fits your needs and budget. Another thing to keep in mind is that jewelry, valuable collections, and guns are usually covered under a separate policy or “rider”. If you own these kinds of items, be sure to tell your insurance agent. You don’t want to find out after disaster strikes that they aren’t covered or that they aren’t covered for their true value.
One way you can reduce the cost of your rental insurance is to check with whichever company insures your car. If they provide rental insurance you may be eligible for a multi-line discount. Rental insurance may be worth the investment just for the peace of mind it offers you.  

Brandon Farber

Brandon Farber

 

Cornerstone luxury townhomes

http://search.thelynchburgteam.com/idx/details/listing/a331/294464 FOR MORE INFORMATION you can send a text message to 54561 and put P25716 in the message field. New Construction- Beautiful luxury townhome located in the cornerstone development! Looking for maintenance free living? Love the convenience of living in a townhome but need more space - Meridan street is the place for you then! This luxury townhome offers top of the line fixtures, stainless steel appliances, recessed lighting throughout, hardwood flooring throughout main living space. Large main level master suite, laundry room, garage, patio, rocking chair front porch, sidewalks with street lights, swimming pool, and so much more - the storage is unbelievable. Choose your lot now and design your own space the way you want! Call your Realtor today for a private tour of this great property and be sure to take a drive to see all the activity going on in this community. - See more at: http://search.thelynchburgteam.com/idx/details/listing/a331/294464#sthash.P53hJRzT.dpuf    

Katherine Farber

Katherine Farber

 

LAND FOR SALE Bedford, VA 5acres

http://search.thelynchburgteam.com/idx/details/listing/a331/293279 FOR MORE INFORMATION you can send a text message to 54561 and put P25376 in the message field Welcome to your building site! All you need to do is pick what floor plan you want your dream home to be - Incredible Mountain Views. Beautiful Estate Lot. No other views like this. All cleared and ready to build. - See more at: http://search.thelynchburgteam.com/idx/details/listing/a331/293279#sthash.U3MtmqXB.dpuf

Katherine Farber

Katherine Farber

 

home for sale Concord/Appomattox virginia

http://search.thelynchburgteam.com/idx/details/listing/a331/295260 For more information about this home  you can send a text message to 54561 and put P25302 in the message field This home has so much to offer and qualifies for 100 % financing! All one story living situated on almost a 1 acre lot. Perfect for your growing family! Convenient to 460 for easy access to both Appomattox and Lynchburg. Large 2 car garage attached to home, call your agent today to schedule your private showing - more pictures and virtual tours to come next week. - See more at: http://search.thelynchburgteam.com/idx/details/listing/a331/295260#sthash.gh6DdxeO.dpuf

Katherine Farber

Katherine Farber

 

Get Offers When Showing Your House

You are in the process of trying to sell your house and have your marketing up and running. So, how do you convert callers into offers? Here is one method. A Tip On How To Get Offers When Showing Your House Once you have decided to sell your home, there are a couple of steps you have to take. The first is to get the home ready to show by doing repairs, landscaping and so on. Once you are ready to go, you have to start marketing the home. Assuming you have done all of this, the house is in good shape and you are competitively priced, you should start getting calls from potential buyers. These calls then turn into appointments and buyers come to see your home. At this point, you probably expect that I will start writing about how to negotiate or accept offers. Wrong. The next step in the process is often one of frustration. The frustration arises from wishy washy buyers. They come and see the home, but leave without making an offer. They may come back a couple of times, but they simply never get around to doing the deed as they say. Simply put, this is because you have failed to address the issue of motivation. Buyers need to be motivated to take action. The more motivated they are, the faster they will move. For instance, consider the holiday shopping season. Nobody, and I mean nobody, is out browsing in the malls. Why? The buyers are highly motivated to buy because there is a deadline and they probably have more than a few people to shop for. Simply put, they are highly motivated to do the deed. Returning to our scenario above, what motivation do the buyers have to make an offer? Do they feel any pressure to do so? Unless there is something particular to their personal situation, the answer is that they do not. You must provide the motivation. Here is how. One of the complaints of sellers is that they feel like they are constantly showing their homes to potential buyers without getting an offer. They may show the property three, four or even ten times a week. If this is your situation, you are doing it wrong. The way to motivate buyers to make an offer on your home is to show it only once a week or two weeks if the market is slow. Set aside an hour or so on a particular day and make all the potential buyers come at the same time. By putting buyers together, you create the motivation that simply does not come with individual showings. In such situations, buyers are much less likely to be wishy washy. If they like the property, they inherently worry about one of the other buyers making an offer. You now have motivation and a perceived time limit. If you have are getting interest in your property, but no offers, give this a try. You might be shocked how much of a difference it makes.  

Brandon Farber

Brandon Farber

 

Log cabin home for sale, gorgeous views, close to Liberty University

For more information you can send a text message to 54561 and put P24809 in the message field http://search.thelynchburgteam.com/idx/details/listing/a331/289959   Beautiful A-framed log cabin with panoramic views. This home sits on 4.14 acres surrounded by mountain laurel shrubs and countless fruit trees; fig, peach, apple, cherry, plum, pecan, and walnut. This property also has 3 fenced-in gardens along with 2 sheds.This house has 3 bedrooms, 2 full baths along with a loft and wine cellar. Other features include: rockwall fireplace, fire/security alarm system, two wrap-around decks, architectural shingle roof, K-Guard gutters along with a pond and retaining wall. - See more at: http://search.thelynchburgteam.com/idx/details/listing/a331/289959#sthash.9d2noQJt.dpuf

Katherine Farber

Katherine Farber

 

Moving Checklist

MOVING! The very thought of it can send chills down our spine and can cause us to break out into a cold sweat. Experts say that any kind of "change" creates "stress". Moving, (and especially if we are relocating to a new city or state), represents a huge change and naturally brings a great amount of stress along with it. This can be a double whammy, because stress can lead to a lack of energy and motivation. Many of us tend to procrastinate during stressful periods of our lives. This is one time, though, when we must rise above that. When preparing for a move we need to put the pedal to the metal and get a lot of things done. This checklist contains many suggestions that may seem like "no-brainers". However, the very act of printing out these simple suggestions and reminders can become a significant security blanket as the dreaded time approaches. Moving and relocating calls for being proactive, grabbing the bull by the horns and actually completing certain chores well in advance of their deadlines. Hopefully this little paper will help you to accomplish that. In this particular article we are leaving out the "big things" such as finding the best moving company, researching your new neighborhood's transportation, parking, employment, etc. Those are for other articles on another day. Today we are concentrating on the basics of planning and preparation. Get rid of what you don't need. Many of us are "pack rats". One thing that we can accomplish immediately is going through all of our "stuff" and getting rid of what we don't need anymore. Moving unwanted clothing and bric-a-bracs from one place of residence to another is a great waste of time and effort. It is surprising how much more in control we feel once we start narrowing down our "inventory" to what we actually need to keep. Getting rid of the unwanted items can be done by having a garage sale long before moving time and then donating the leftovers to the Salvation Army or other charitable groups. Get all important papers and documents together and secure them. Since moving is hectic, to say the least, we need to be aware of the exact location of all of our important items. Things that we absolutely must not lose or misplace should certainly be hand carried, not put in a box for the movers: Address Books, Birth Certificates, Bank Statements, Checks, Credit Cards and Statements, Home Movies, Irreplaceable Memorabilia, Insurance Policies, Marriage Records, Medical and Dental Records, Military Records, Passports, Photos and Photo Albums, Resumes, School Records, Stock Certificates, Tax Returns, Telephone Numbers, Valuables, Vehicle Documents, Wills. Prepare well in advance for living at your new location. There are many things that we can do at our new location well in advance of our move that will help smooth out the bumps and grinds of our relocation process when the actual event occurs: Open up new bank accounts. Open up a new Safe Deposit Box. Contact the new area utility companies and arrange for your new services. These can include Cable TV, gas, electric, oil, telephone, water and Internet access. Arrange for new medical providers. If you are moving to a new state, contact the DMV and get forms necessary to re-register your vehicles. Contact your insurance companies and find out if your car insurance, homeowner's insurance, etc. can be transferred. If not, find an Insurance Broker in your new area and discuss your needs and requirements for new policies. Go to the post office and get a moving kit. Prepare change of address forms for all of your correspondents; credit card companies, other credit accounts, banks, insurance companies, current utility companies for final statements, magazines and other subscriptions, family, friends, and any other persons or businesses that you correspond with on a regular basis. As the time approaches, get a nice new legal pad. As moving day approaches and when the moving process actually begins, you don't want to be hunting for phone numbers in wallets, purses, or address books. Have a nice new legal pad ready with all important phone numbers written clearly and legibly for both your old and new contacts: Banks, Doctors, Emergency contacts, Family members, Friends, Landlords or Real Estate Brokers, Movers, Pharmacies Schools, Storage Facilities, Utilities. With proper planning and preparation the moving process, though never fun, can at least be sane. With proper planning and preparation the utilities at your present address can be disconnected the day after you move and the utilities at your new address can be connected the day prior to your arrival. With proper planning and preparation you will not be frantically searching for a new doctor or pharmacy, if that unfortunate need arises. With proper planning and preparation you will have all of your important documents at the tip of your fingers at all times. With proper planning and preparation your mail will start arriving the day after you move in to your new abode and your life will endure a minimum of chaos and clutter. Good luck with your move and good luck in your new home or apartment.  

Brandon Farber

Brandon Farber

 

Calling first time home buyers and/or investors

http://search.thelynchburgteam.com/idx/details/listing/a331/293888 For more information you can send a text message to 54561 and put P26245 in the message field. Don't miss out on this great property. Perfect for your first home or as an investment property. Convenient location, lots of storage and well maintained home. This home offers great outdoor space, ideal for you children and dog! More Pictures to come next week - schedule your private showing today with your Realtor! - See more at: http://search.thelynchburgteam.com/idx/details/listing/a331/293888#sthash.MD53T7qS.dpuf 

Katherine Farber

Katherine Farber

 

Home for sale in Boonsboro NEW CONSTRUCTION

For more information you can send a text message to 54561 and put P24763 in the message field http://search.thelynchburgteam.com/idx/details/listing/a331/288366 New construction nestled just off one of the City's most desirable streets! 4 bedrooms, 3.5 baths, huge bonus room, screened porch plus deck. Overlooking pond. Huge walk-in closets. Main level master and 2 bedrooms plus 2 full baths. Two-car garage. Full unfinished basement allows room for expansion and already features a roughed-in bath. This home has all the upgrades throughout including granite or marble on all counter tops and hardwood floors. Fireplace in living room. Very desirable school district. Home is now complete (the driveway has just been installed), move-in ready and beautifully landscaped. - See more at: http://search.thelynchburgteam.com/idx/details/listing/a331/288366#sthash.G8nzK9zU.dpuf  

Katherine Farber

Katherine Farber

 

3 bed 2 bath Home for sale in Boonsboro Lyncburg VA 24503

http://search.thelynchburgteam.com/idx/details/listing/a331/293490 For More information you can send a text message to 54561 and put P24465 in the message field BRAND NEW ROOF! Seller is offering $2,000 in concessions with acceptable offer. A bright and cheerful home wonderfully updated by owner. Entirely new kitchen opens to a casual breakfast area which leads to the deck and level near lawn - perfect for children and their friends and your pets. This charming home offers the perfect American dream setting. Just a short stroll to Bedford Hills Elementary and Peakland Swim Club - See more at: http://search.thelynchburgteam.com/idx/details/listing/a331/293490#sthash.IvPvqrGt.dpuf

Katherine Farber

Katherine Farber

 

Home for Sale in 24503 Lynchburg VA under $70,000

Listing ID: 294469 Price: $69,900 Address: 213 Ridgelawn City: Lynchburg City State: Virginia Postal Code: 24503 Bedrooms: 2 Total Baths: 1 Square Feet: 835 Acres: 1.130 County: Lynchburg Super Cute Bungalow, Large partially finished basement,eat-in kitchen that leads into a sun room,large fenced in yard,located near Randolph College & Fabulous local restaurants. Located in a the 24503 zip code close to local shopping and restaurants. Call your Realtor today for a private showing! More pictures to come soon.   - See more at: http://search.thelynchburgteam.com/idx/details/listing/a331/294469#sthash.8aHe8Imb.dpuf http://search.thelynchburgteam.com/idx/details/listing/a331/294469  you can send a text message to 54561 and put P25378 in the message field.    

Katherine Farber

Katherine Farber

 

10 Tips to Buy Real Estate Without Breaking Your Budget

1. Get pre-approved for your home loan. This means, fill out a loan application and go through the process of securing financing. That way, when you’re ready to seriously evaluate real estate, you’ll know exactly how much home you can afford. And you can prove to a seller that your offer is sincere. 2. Explore creative financing options. During the home loan pre-approval process, ask about ways to get creative with your financing. Low down payment options, first and second mortgage combinations and first time buyer programs might help you afford more funding. Many lenders are now offering interest-only home mortgages; just make sure you thoroughly evaluate the terms for this type of home loan. Down payment grants are also available in some instances and might be worth investigating or discussing with your   realtor. 3. Sell your existing home first. Although selling your existing home before finding new real estate to buy can be a little nerve wracking, any inconvenience will be offset by your ability to make an offer with cash in hand. Contingent purchases are not the best when negotiating to buy a home. Having your financing in order and your bags packed will give you the advantage in a competitive market. 4. Look for vacant real estate. Perhaps a seller’s job has transferred him out of the area. Or maybe a family purchased a new home before putting their existing one on the market. In any case, a vacant home could be just the deal for a savvy home buyer, so have your realtor look for vacant property in your preferred neighborhoods. And keep in mind, the longer a house stays empty, the greater your negotiating power will be. 5. Consider cosmetic fixers. If you’re handy with a paintbrush, a toolset and gardening equipment, consider buying real estate in need of cosmetic fixing. Property that lacks curb appeal needs minor handiwork or the yard overhauled could end up being the home of your dreams for a price you can afford. You just need to look beyond the ho-hum to see the potential of a cosmetic fixer. 6. Buy a home that’s a major remodel project. If you want to live on Lake Washington, but can’t afford a $2M home mortgage, consider buying a dilapidated cottage on a fabulous lot with western exposure. In time you’ll need to gut the existing home and build from the ground up or contract significant home improvements. But in the end your property value will skyrocket. And if your carpentry and other construction skills are well-developed, you can save even more and accrue “sweat equity” during your remodel by doing much of the work yourself. 7. Don’t discount bank foreclosures. One person’s loss could be your gain if you buy real estate in foreclosure. Although the search for a decent foreclosure may take a while, your realtor should be able help. The U.S. Department of Housing and Urban Development (http://www.hud.gov/) can be an excellent resource for foreclosed properties. Because HUD houses are sold at market value, your best bet will be homes that need cosmetic work or even major repair. 8. Land with a manufactured home. Sometimes, to buy a home on a budget, you need to look beyond convention. Even if your wish is to buy real estate, you may have to settle for a piece of property in an outlying area with a mobile or manufactured home. Discuss this option with your real estate agent and try to keep an open mind about this possibility. 9. An older, smaller home. Older homes are typically priced much less than newer construction and don’t tend to create buyer bidding wars. If you can enjoy life in an older and smaller home in a neighborhood or suburb off the beaten path, this could be your ticket to real estate ownership. 10. The cheapest house in the best neighborhood. You have your heart set on a specific – and expensive – neighborhood. Maybe it’s the schools that you’re interested in. Or perhaps it’s the close proximity to downtown or the waterfront. In any case, a budget-savvy buyer will look for the least expensive home for sale in the neighborhood. If you’re not in a hurry, you can even play the waiting game to see what properties come on the market. Your real estate agent can be a real asset in this case by investigating potential sellers. Buying real estate without breaking your budget will require research and compromise. On moving day, however, you’ll have the satisfaction of knowing that your homework paid off!  

Brandon Farber

Brandon Farber

 

A Bit About Mold

There are a number of little things to look out for when purchasing a new home. Normally the things to consider include such things as location, wiring, the condition of the house itself, and several other factors. One of these factors that the home buying public is becoming more concerned with is mold. There are many different types of mold that can occur in a home and lead not only to structural damage, but some health concerns as well. Mold is difficult to find in many homes as it grows exclusively in dark and moist areas that are usually hidden somewhere in the structural areas of the home such as attics and basements. By the time mold shows up in the actual living areas, chances are that it is all through the home. One of the most likely places for mold to form is anywhere that moisture is improperly vented. Another area of concern is if a home has ever flooded and was not completely or properly cleaned and dried after. Leaky plumbing and basement crawlspaces are other likely candidates. Mold can be a difficult thing to completely get rid of as the only thing it needs to continue growth is an organic material such as wood, and moisture. Both of these items are usually abundant in any home. The most likely way that moisture finds its way into the home is through faulty or leaky roofs and foundations. Both of these areas should be checked over by an experienced mold inspector on a fairly regular basis if there is any worry of mold beginning to grow, or if these has been mold in the past. Mold can be an expensive problem to deal with so be pro-active about looking for it, it can save you money in the long run.  

Brandon Farber

Brandon Farber

 

A Beginner's Guide to Real Estate Investing Strategies

If you're thinking about investing in real estate to make money, you need to first determine your financial goals. Do you need to make money quickly, invest for your children's college fund, or build wealth for your retirement? Once you determine your financial goals, you need to decide which type of investing strategy works for you. Make Money in Real Estate - Fast Cash Strategy If you're low on cash, get started by finding a bargain house and selling the contract to another real estate investor. Join a real estate investing club to find investors willing to pay you for finding good deals. Make Money in Real Estate - Income Property Strategy If you want to increase your monthly income, look for income property that returns a positive net income from month to month. Start with single family house. Look for a bargain below market value. Fix up the house to generate top rental income. Find houses that will rent for more than your mortgage payment. You may need to go out from your home area to a location that supports this type of return on your money. You can't pay $300,000 for a home with a mortgage of $1,500 that only rents for $1,000. You might start with a home for around $300,000 that rents for $1,750. You will need good credit to get a loan with good interest rates. In a few years, your rental income should go up. Many real estate investors enjoy thousands of dollars each month generated by income property. However, some investors don't like dealing with tenants and prefer to make money in other real estate ventures. Make Money in Real Estate - Investment Property Strategy If you want to make money focusing on profits, investment property offers a different strategy. Instead of worrying about rental income, look for property that you can transform and sell or property that will appreciate significantly over time. Besides fixing a house up, you can transform a property by changing it. For instance, some investors buy apartment buildings and turn them into condominiums. Many investors speculate in land and make money by holding the land until new development in the area increases the value. Examine your financial situation along with your long term goals. You can get started by flipping properties, move onto income properties, and then make larger profits with investment properties. You might end up using a combination of all three strategies to make money investing in real estate.

Brandon Farber

Brandon Farber

 

10 Ways to Buy a Home With Little or No Money Down

There are many ways to buy a home, even if you have little or no money to put down. Here are a few of the basics: 1. Sweat Equity Sweat Equity is a way to get a home by trading work for equity in the house. This could be used for a down payment or for purchase later.  This is a great technique if you are handy with tools, yard-work, and paint. Look for fixer-uppers in neighborhoods you are interested in. Many times these homes will have a hard time selling and the owner is ready for just about any offer. You will find these houses ranging from just needing a little “cosmetic” work like landscaping or painting, to totally trashed out houses in need of some serious renovation. If you are into repairs, this is a great way to get a home for a good deal. If you are not skilled at repairs and renovation, be careful about fixer-upper homes. They could end up costing you quite a large amount of money to pay others to fix. I also recommend getting a home inspection so that you know what exactly you are in for before you begin.
2. Seller Carry-Back Look for a home with an assumable loan. Instead of buying out the owner's equity, ask the seller to carry back a second mortgage for the rest of the money owed. If you can get the seller to carry all of the rest, you can get the home for no money down.
3. Offer an Object for the Down Payment  Offer something other than cash (land, a car, a boat, or valuable collectibles) to the seller instead of a cash down payment. This is why it is important to listen to sellers.  Find out what they want and need.  Maybe you have (or can get) just what they need. For instance maybe they wanted to use the down-payment to buy an RV and it turns out that you just happen to have one you don’t need. Offer that vehicle as a down-payment, and it saves you from coming up with the cash.
4. Offer Services for the Down Payment Offer your services or expertise to the seller in lieu of a down payment. Some examples include $10,000 worth of auto services if you're a mechanic, dental work if you're a dentist, desktop publishing services if you're a designer, artwork if you're an artist or legal work if you're an attorney.
5. Foreclosures Look for foreclosure properties that require little or no down payment. Some lenders and government agencies will let you buy a foreclosure with no down payment if your credit is good and they're anxious to have the home occupied, or if you have skills (carpentry, landscaping or even painting) that you can use to increase the home's value. Distressed properties - assume with little or no down to save foreclosure.
6. VA or Other No Money Down Loans  Look for conventional loan programs such as VA or FHA that require little or nothing down.  VA loans have helps countless veterans get into their homes. There are often programs available to first time buyers or people who are distressed (such as with Hurricane Katrina) that will help people get into a home with little money down.  You usually will have to qualify for the loan with the bank, though.
7. Find an Investment Partner for Equity Sharing Look for an investment partner who'll put up some or all of the cash in an equity-sharing partnership. You make the monthly payments and the two of you split the eventual resale profits.
8. Wrap-Around Financing Wrap-around financing is where you assume a seller’s VA Loan by doing a new Contract for Deed.  Since this contract is flexible and does not have to follow the old loan, you can ask the seller to carry not only the loan amount, but the rest of the purchase price of the house, letting you get in with little or no money down.
9. Rent-to-Own or Lease-Option This is really is one of the best ways to get into a home of your own when you can’t get a bank loan.  Remember that you may still have to get a loan down the line.  If you have a lease-option for 5 years, at the end of that time, you will need to purchase the house, so you can use the time to fix your credit, or use one of the other options that are discussed in our book to purchase the house at that time. You can always try to negotiate another 5-year lease-option if you need more time. (For more detailed infomation on lease-options, check out our free ebook, "Buying a Home When You Have Bad Credit" at http://I-can-buy.com.)
10.  Government and Community Down-payment Programs There are many community and non-profit organization programs out there to help people get into homes of their own. Many of these do no require any money down. There are some organizations and programs that will pay for some or all of the down payment for you. Generally these are for lower to moderate-income individuals, but these days that includes a lot of people. You also usually have to be able to qualify for an FHA loan (which is somewhat easier than a conventional bank loan.) If you have been unable to get into a home because you don’t have enough money for a down payment, then maybe one of these programs will be for you.
Below is a list of organizations that have down payment assistant programs: • AmeriDream Inc.
http://www.ameridream.org • National Home Foundation
http://www.nationalhomefoundation.org • GiftAmerica Program (GAP)
http://www.giftamerica.org • The Nehemiah Program
http://www.nehemiahprogram.org • New Song Down Payment Assistant Program
http://www.buyers-assistance.com • Equity Grants
http://www.equitygrants.com • Realty America
http://www.realtyamerica.org • Homes For All Program
http://www.ezdownpayment.com
Also check in your local area, because many communities have similar programs of their own.

Brandon Farber

Brandon Farber

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