Tuesday, October 18, 2005

Make Big Money Off Small Investments

Bob Bruss Real Estate Center: "If you are considering investing in small residential or commercial income properties, first read 'Make Money With Small Income Properties' by Gary Eldred. It explains how to avoid making bad investments and how to find the potentially profitable properties.
But don't pass judgment on this book until you finish reading it. Overall, it's a pretty good book. However, it bounces around from topic to topic, often without a clear, visible direction."
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Stretching Your Dollars When Buying a Brand New Home

: "Before Carol Smith ordered a custom-built house three years ago, her first step was to write out a 'wish list' of features she wanted. Then prior to finalizing her agreement with the builder, she crossed off items that would be no more expensive to add in a few years -- such as a crystal chandelier and a backyard deck.
Like most new-home buyers, Smith faced financial limits. So she deferred features that she could easily add later in favor of those that would require major retrofitting: such as a home office, recessed lighting or upgraded kitchen cabinets. 'Identify features that are intrinsic to the home, vs. those that could wait without extra cost,' says Smith, a real estate author and head of 'Home Address,' a consulting firm to the homebuilding industry "
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Buying a Home Foreclosures- Buying a home foreclosures makes you generate quick profit. Step-by-step process in buying a home foreclosures for quick cash.

Real Estate Boom Slowing in Marin

Marin Independent Journal - News - Marin: "Mike Metcalfe, a general contractor who lives in Mill Valley, has been looking for an investment property in Novato for six months, attending dozens of open houses and touring 10 homes before putting in an offer on a fixer-upper Saturday.
Metcalfe says the real estate market is changing.
'I've noticed that homes are staying on the market longer and prices are coming down,' he said.
That trend may be seasonal or it might be the beginning of t,he long-awaited 'flattening' of the market that some analysts have predicted.
Since early September, only 32 to 37 percent of Marin home listings have been in escrow each week, according to the Multiple Listing Service, indicating what agents and industry analysts call a neutral market. When more than 40 percent of homes are under contract, it is considered a sellers' market, according to Patti Cohn, a real estate broker with Frank Howard Allen Realtors in Novato."
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Buying a Home Foreclosures- Buying a home foreclosures makes you generate quick profit. Step-by-step process in buying a home foreclosures for quick cash.

Million dollar homes becoming more common in Weld County

Windsor Tribune - Million dollar homes becoming more common in Weld County: "Fahti and Jerry Devlin have their dream home.
This summer, they left Fort Collins for five bedrooms, three fireplaces, a curved, marble staircase and all the space they could want to live and entertain in a gated Greeley neighborhood.
The Devlins aren�t independently wealthy. They each have their own business and work long hours to sustain them. Jerry owns a plumbing company in Fort Collins; Fahti owns a hair salon in La Salle."
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Foreclosures feared with debt surpassing relief

Foreclosures feared with debt surpassing relief - The Clarion-Ledger: "As Mississippi Gulf Coast residents fight mold, insurance companies and piles of debris, another obstacle lurks in the distance foreclosure.

Insurance claims usually pass on to mortgage companies, but many residents complain they are not getting enough or any relief from their homeowners' debt.

'There are so many people who still owe $100,000, $150,000, $200,000 and don't have a house,' said Diamondhead resident David Hector, a construction manager for Purcell Co. 'The flood"
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Mortgage Abuses Targeted

DenverPost.com - BUSINESS: "Mortgage brokers doing business in Colorado should register with the state and post $100,000 bonds, Colorado's top regulatory agency recommends, citing recurring broker abuses.
The recommendations from the Department of Regulatory Agencies are an about-face from 2001, when the regulators said registration wasn't needed.
'There wasn't enough evidence at that time to make a compelling argument, and the applicants requested an onerous regulatory scheme that didn't really help the consumers,' Geoffrey Hier, spokesman for the agency, said Monday. 'This request is more practical"
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Buying a Home Foreclosures- Buying a home foreclosures makes you generate quick profit. Step-by-step process in buying a home foreclosures for quick cash.