There has never been a better time to purchase your a home. A large tax credit has been extended until the end of April, which makes buying property an attractive alternative to renting. This tax incentive coupled with low mortgage rates for those with good credit and plenty of properties to choose from make now the perfect time to buy

Receive Up To $8000 If You Buy Houses Or Condos For Sale Before April 30th, 2010

If you are a first time buyer, condos for sale are the most affordable solution which allows you to outright purchase a residence while living conveniently near work, shopping, and other parts of your daily routine. On the other hand, paying rent on an apartment offers no tax benefits and does not count towards any type of ownership.

If you purchase a condo before April 30th, 2010, you may be eligible to spend less and save even more on your home purchase thanks to the tax credit. This incentive will provide a check of 10% of the purchase amount (up to $8,000) and can help offset the cost of closing and any other fees associated with buying real estate.

This tax credit is available to first time home buyers on qualifying real estate purchases, and is designed to eliminate concern and provide financial relief to responsible, potential owners. The most recent extension will allow “late buyers” to access the credit, provided the essential paperwork has been signed and the deal official by the end of April. Additionally, current owners moving to a new residence can take advantage of a $6,500 tax credit, if they sign a contract by April 30.

Got Good Credit?

For those seeking a new, comfortable place to live, condos are the best solution. The mortgage process usually includes a strict budget, or a “cap” so you know how much money you have to work with. Condos provide many of the same luxuries, if not more, than many mansions or estates that only a celebrity could afford. A smart investment means setting your goals and standards reasonably high, so you’ll enjoy the value of life in your new place to live.

If you have good credit, you’ll find that mortgage rates are low and the payments can even be cheaper than paying rent on an apartment. The best benefit of all, naturally, is that you will be able to pay it off and then you own your own home. There is no better feeling than that sense of security.

Have You Heard About The Market?

Most importantly, you may have also heard that the market prices have changed. The cost of homes and condos for sale have dropped, and when you combine that with the tax break you’ll find that right now truly is the best time to act.

The best time to buy a homes or condos for sale is right now, when the prices are hot and there are so many financial benefits to first home buyers who act quickly.

By: Chris A. Harmen

Houses for sale by owner, also known as “FSBOs,” are a unique case in real estate investment. Buying from an uninformed seller who thought he knew enough to handle everything by himself can be frustrating. It can also be very profitable if you are prepared.

Why do people try to sell a house on their own? Only one primary reason comes to mind: To save the sales commission. Of course they usually underestimate the cost and complexity of going it alone. They end up frustrated and tired of the process, ready to drop the price and be done with it. Help them solve their problems, and your reward can be a good price on a good investment. Keep the following in mind:

1. An owner isn’t an agent. Don’t ask possibly offensive questions. Don’t make negative comments about the house. Whether you like it or not, the truth is that it’s difficult to get a good deal if the seller doesn’t like you.

2. Houses for sale by owner have often been on the market a long time. The seller is usually tired of the process, and wants it to be done. In other words, you’ll get a better price if you are willing to close quickly and easily.

3. FSBO sellers usually think they’re being smart. Encourage that belief and they’ll be more open to your offer. When they have a good idea, tell them so. It is not unethical to make people feel good about themselves when negotiating.

4. They usually don’t have a plan for where to close, where to buy a title policy, where to keep a good faith deposit, etc. Be ready with simple solutions to all these problems. Walk them through the process while letting them feel in control, and you’ll both be happier.

5. They have often spent more than they anticipated. Advertising and other costs have already eaten into their imagined extra FSBO profit. Be generous in negotiating any pre-close expenses – as long as you get your price and/or terms.

6. Pass over problems and return to them later. Once a seller has invested more time in a negotiation, he’ll be more inclined to give you what you want.

Professionals will tell you that most houses “for sale by owner” net less than those sold by an agent. It’s too late for the seller to recover his money and time spent, however, so he usually just wants to get the thing sold as easily and quickly as possible. Help him with that, and you can get a good real estate investment at a good price.

By: Steven Gillman

Deer Valley Condos for Sale in the popular ski town, Park City Utah

There is a great selection of condos in the Deer Valley area to purchase. Deer Valley Resort is one of only a four skier only resorts in the country so it’s an appealing location for skiers to buy a ski condo getaway. Many who ski Deer Valley enjoy not having to share the slopes with snowboarders. It is also one of the easiest ski resorts to get to with many non-stop flight destinations to the Salt Lake International Airport which is a short 30-45 minute drive away. You can find at Deer Valley ski in ski out condos or condos a short walk from the ski slopes. Besides full ownership condos there are also fractional ownership condos to purchase. Condo Hotels in Deer Valley have become popular because they tend to offer more amenities and a greater potential for rental revenue than traditional condos.

Location, age and amenities influence the price of condos in Deer Valley.

The Lower Deer Valley area which is located near Snow Park Lodge at the base of the resort offers lower prices relative other areas surrounding Deer Valley Resort. You can find some ski in ski out condos or condos a short walk or shuttle ride from the ski hill. Condos in this area may start in the low $600,000′s and go up from there. The 2006 median price for condos in Lower Deer Valley is about $949,500. This area was one of the first developed areas at the resort so some of the condos were built in the early 1980′s but there are also newer condos to choose from as well. Many of the older condos have been nicely remodeled and give you more square footage for the money.

Just above the Lower Deer Valley area you will find the gated community of Deer Crest. The Deer Crest area is composed of primarily luxury ski in ski out homes but currently under construction in this exclusive gated community is the St.Regis Resort & Residences which is offering ski in ski out luxury condos for sale. The St.Regis Resort & Residences at Deer Crest should be completed some time in 2008. It will offer some of the most opulent amenities the Park City and Deer Valley area has ever seen including ski butler service, a 17,000 square foot spa with salon and fitness center, a ski “beach”, two resort style swimming pools, a apres ski lounge, wine/martini bar and a signature restaurant. The 2006 median price for a condo at the St.Regis is about $3,050,000. You can choose from either a condo-hotel unit that will come furnished and can be place in a nightly rental pool or one of the exclusive Residences condos which are on the top 3 floors serviced by a separate elevator. The Residence condos can not be placed in a nightly rental pool to offer more privacy to it’s exclusive owners.

In the mid mountain area of Deer Valley Resort is the Upper Deer Valley/ Silver Lake Village area. There are several great condo developments in this area with some offering ski in ski out opportunities. The Silver Lake Village area offers an incredible array of high end restaurants and shops as well as access to the Silver Lake Lodge at Deer Valley Resort. If you would like a condo that is a short walk to shopping and several restaurants then this area is well suited for you. In 2006 the median price for a condo in the Upper Deer Valley area is around $1,745,000. Condos in this area where typically built in the mid 80′s to late 90′s.

The Empire Pass area at Deer Valley Resort is a fairly new area that is currently under development and offers a great selection of new luxury ski in ski out condos. In this area is the upper lodge called Empire Lodge. It’s one of the most beautiful areas of the mountain offering spectacular views and located near some of the most popular ski runs at the resort. There are recently completed condos available as well as pre-construction opportunities. Condos in this area are running around $1500/square foot. Similar properties in Vail will run around $2000 to $3000/square foot so they are still a good value relative to other ski resort communities. In 2006 the median condo price is about $2,750,000 for the Empire Pass area.

Many condo buyers are considering condo hotels nowadays. At Deer Valley they tend to offer greater rental revenue potential. They also tend to offer more amenities as well as meeting room space. The meeting room space helps increase use of the condos in the off season with use for corporate retreats and meetings. So if you are also looking for a condo that will offer the best possible rental revenue then you may want to consider a condo hotel that offers meeting room space in the facility. There are several to choose from in the Deer Valley area. The property management company that services the particular condo that interests you can provide you the buyer with rental projection data and rental history data. Your local Park City / Deer Valley realtor can help connect you with these companies and their key contacts. Each condo hotel may be managed by a different company.

So if you enjoy skiing without snowboarders and are in the market for a ski condo getaway that is easy to get to then Deer Valley in Park City Utah might be the place to consider. When looking it is best to work with a local Realtor who knows the area to help you find the condo that will best fit you and your families needs as well as help you get all the information you need to make a wise business decision.

By: Julie Olsen

If you’re in the market for Miami Beach or Sunny Isles real estate, there are many options to help you find the best deals on some of the hottest properties. As the economy continues to struggle, many people are faced with foreclosure or short sale of their homes. This can be a difficult and embarrassing time for any family. It’s important to find real estate agents that can help guide you through this process to help protect your interests. Whether you’re the seller or buyer in these situations, the experts at Sunny Isles can help you enjoy a smooth transition in these more difficult transactions.

There’s no doubt that foreclosures and short sales aren’t ideal for anyone. In the case of foreclosure, the homeowner faces financial disaster and the lender will lose substantial money in the process; when it comes to a short sale, the homeowner will be better able to protect their financial situation and the lender will still face losing money. The opportunity to make some of the money back on these transactions comes from a future buyer of these properties. For anyone in the market for property, it’s a good idea to consider purchasing a foreclosed property to get a better deal.

Foreclosures can be difficult to deal with for newcomers to the market. Finding an expert agent like the ones at Sunny Isles will help protect your interests and ensure you find a good property at a great deal. It can be confusing to deal with these unusual scenarios, but with it becoming more common in today’s economy, more agents are able to become more knowledgeable about the intricacies of the market. If you want to get into the market in the Miami area, foreclosures can be a great way to find a property that would normally be out of your budget at a price you can afford.

Short sales and foreclosures have become more common in today’s unstable economy. It’s no wonder that so many buyers have decided to get into the market with a discounted property that was foreclosed upon. With such a confusing market, it’s a good idea to turn to an expert at Sunny Isles to help guide you through the process of buying a property in this highly desirable area. It’s never been so easy to get a great property at substantial savings thanks to the opportunities of foreclosure and short sale.

By: L. Belenky

As a property agent inspecting commercial property for sale, it is essential to ask lots of questions of the owner before the listing is signed. The main focus should be to understand the big issues in and around the property that can impact the price or the target market. That can be those including the following:

Title and ownership of the property Energy consumption and ratings Environmental performances and threats Heritage or Native title matters Occupation arrangements and leases for the property Permitted uses for the property and zoning related to the location History of the property financially both in income and expenditure Nature of the improvements on the property and the functionality Occupancy areas and boundary surveys Plant and machinery ownership Car park capability and usage Air conditioning functionality and availability Services and amenities that serve the property Usage of the property today and previous history Precinct and neighbourhood factors that impact the property today Legal matters outstanding or ongoing Notices and orders over the property that are current or yet to be discharged Access points and roads to the property Redevelopment opportunities and any planning approvals Tenant business detail and future rent reviews and options Comparable properties in the area Details of any previous or current marketing campaigns relative to the property

These critical points give you a base from which to price the property. Ideally full disclosure by the landlord or owner of the property should always be encouraged and then documented. It is surprising how your notes of landlord comments and meetings will be of great value in any later disputes or negotiations.

The price of a property today is a balance of current performance, future use, and income potential. Astute purchasers of commercial property will do an extensive due diligence process before property settlement. To prevent problems the real estate agent has to fully check the property detail before marketing commences so the property promotion, negotiation, and settlement is not compromised.

In many ways the commercial property promotion is built around the target market. All adverts, brochures, internet marketing, and direct mail should be focused on that target market, their needs, their thinking and their timing.

So the right way to inspect a commercial property today is with an eye for problems, performance, and location. Record keeping and a checklist similar to the above will help you hone in on the key factors of concern before you price the property. Never price a property until you have all the detail to hand.

By: John Highman

1. Know your Buyer – who are you trying to sell this home to? Owner occupant who has a mortgage pre approval “A” type buyer? Don’t limit yourself; you may want to consider the extra income you can make with “B” or “C” type buyers by holding the 1st or 2nd mortgage. How about other investors who want more properties in their portfolio.

2. Pricing to Sell – you’ve held the property for a long time or short, your business is to know the market. If it was a recent rehab purchase you did a CMA to determine the value at completion. A home you’ve held for in your portfolio you will need to do a CMA (Comparable Market Analysis) to determine its sales price.

3. Advertising/Marketing – newspapers short and to the point 4 to 5 lines with 800# with pre recorded message advertise everyday as For Sale By Owner, flyers to all neighbors place on cars in major parking lots and to everyone at your local REIA group where you are a member include the 800#, signs 24″ x 24″ minimum size professionally made FOR SALE BY OWNER call pre recorded message 800#.

4. Real Estate Agents – co-operate with real estate agents you may pay 2% to 3% if the deal is there take it. Some of the costs will be saved in a quicker sale. If you are not going to follow through with selling yourself, list with a professional real estate agent who has multiple marketing strategies and internet savvy do it fast don’t waste time playing as a fsbo.

5. Buyer Access to House – lockbox on front door with key. With 800# buyer leaves information name, number, address (confirm on internet), you return call with minimal qualifying don’t blow off the buyer with too many questions give them the combination to the lockbox. Ask them to return the key to the box and call the 800# to confirm they left the house.

6. Qualifying and Mortgage Programs – in the home have a descriptive flyer with all the pertinent information of the property also have a mortgage application short form for them to fill out and return to you or your mortgage company by fax, and a form listing various mortgage programs available for this property at the asking price prepared by your mortgage representative. This paperwork goes along way to closing the deal without chasing the buyer around to complete the forms. Remember to include information on owner financing 1st and 2nd mortgages these could help you save the deal or just make the deal.

7. Follow up and Close the Deal – you have a buyer now close the deal. Act as a disinterested third party don’t get caught up in the entire minutia. You are trying to sell this property forget about all the work you actually did forget the midnight calls for repairs just close the deal. Have all paperwork signed may be best to have the papers signed in your attorney’s office for a more professional face to the buyer.

You can sell the investment property yourself you are just like the normal FSBO (For Sale by Owner) you will work hard to make this close. It could be worth thousands of extra dollars to you when it’s all said and done.

By: Bill Carey