Mar
10
Using Commercial Loan Modifications to Prevent Foreclosure
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Billions of dollars worth of commercial mortgages are due to reset from 2009 to 2012. Many holders of these mortgages won’t be able to refinance because of decreasing property values. High unemployment has also taken a toll on the real estate market. Because tenants are not able make rent payments, scores of office and apartment complexes will likely have less cash flow and go into foreclosure. How can a Commercial Loan Modification help avoid…
Mar
10
How To Buy Investment Properties in 2010
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For much of 2009, the quickest, easiest and best way to purchase an investment property in Las Vegas, was to purchase a bank owned foreclosure, or REO. In fact, 75% of all sales in Las Vegas in 2009 were bank owned REO foreclosures. In some individual months, this number was as high as …
Mar
10
Why agents get sued by a real estate expert
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In my real estate work in San Jose area, I continue to get called as an real estate expert witness when agents get sued. You might wonder what an expert does. In most cases, the buyer sues the seller and some times the listing agent, accusing them of not disclosing something. They may or may not sue their agent. …
Mar
10
Tenants Who ‘Work The System’
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Have you ever had a tenant who knows just how to work the system in order to get to live in the unit for as long as possible for free? I think some tenants are quite aware that they can take advantage of eviction laws to get to live somewhere for a month for free, and do some strange things to ‘work the system’. Here’s a real story…
When a …
Mar
10
Luxury Real Estate Marketing: Know the Psychographics of Your Target Market
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Knowing the demographics of your marketplace can be very helpful. However, understanding another very important marketing principle known as “psychographics” can give you a competitive edge when marketing luxury real estate. Psychographics…
