FicWad

The inside of your home should be warm and inviting. Freshen the home by repainting, cleaning or installing new flooring or carpets and maybe new appliances, if your budget allows. The home should be spic and span inside. Removing clutter will give the home a more spacious feel.



It is important to understand all the items in the cost calculations before a senior will sign anything. If it feels, that there are costs, which you are unsure, it is wise to contact the federal counselor. These loans have long term influences, which really have effects on the financial situations of the seniors..

Attorney. It might be cost some money and may seem expensive but you can use it repeatedly if you'll have a Real Estate Attorney help you draw a sales contract.

Now hopefully most of you have made the mental switch that it is OK to flip tickets. Lets get down to business and talk about how some people are making money at it and why this is a good thing to look into.

mayport floridaHave a plan. Not just, "I plan to invest in real estate and make lots of money." You must have a definite and detailed game plan. Take responsibility for all aspects of your life - your finances, your spending and your actions; particularly as these relate to investing in real estate.

You get a call from the person searching the title to your property saying your first cousin once removed is shown as having a ten percent interest in the property. I hope you (and not just your lender) have title insurance.

I was buying a wholesale deal from another investor/friend. It was a short sale he was working on with the bank. I told him I wanted to go with him when he talked to the seller. I asked for copies of all the paperwork that he and the buyer signed. The investor did all the talking with the bank.

In a closing there are several pieces of paper that go into the loan packet. Most title company personnel quickly explain each piece of paper that you have to sign, yet they are usually in such a rush that you have to force the time to look through the paperwork. In the United States most homebuyers do not even see their mortgage paperwork until the closing has commenced. If this is the case with your FHA mortgage closing date, make sure you take the time to read the paperwork. You need to carefully read through each paper presented to you at the closing. Do not sign if you feel uncomfortable about the deal.

A few words about this kind of marketing...this is low key and "I'm available to help" type of marketing. You'll win over your FSBOs by providing valuable information and assistance they need to sell their home and save money.