AMERICANS FEARFUL OF ENTERING REAL ESTATE MARKET

DOES YOUR BUYER LOOK LIKE THIS GUY?

More than 50% of first time home buyers are fearful of obtaining a home because they are afraid of losing their jobs. Unemployment rate is hovering right around 9.5% so everyone is afraid at this time. Are you hearing the same concerns in your local market? Another major concern is not being able to sell their current home to purchase another home. Many people are staying in their current homes and not moving across the country. I believe the conventional way of doing real estate is not working for many people based upon the facts above. Home prices continue to fall. Why give away your home for nothing?

Americans know this is the time to buy. However, they are not ready to take the financial plunge. They know the interest rates are low and the $8,000 tax incentive is tempting to many first time buyers.

 WILL THEY BITE?

I am tired of all the doom and gloom in the press. I have refused to participate in this recession. I have taken the following steps to get the message out there:

  • Educate first time home buyers on real estate purchase and the many great reasons to purchase a home today. Cheaper to own oa home than rent
  • Benefits of investing in real estate
  • Offer several different lending options for first time home buyers
  • Be the light of hope during these dark times

What are you doing to make a difference in your local market?

 SHINE LIGHT ON THE DARKNESS. EDUCATE THE BUYERS.

Make the Call, Set the Plan, Do the Deal$!

Feel free to listen to my Radio Show to learn more about the phoenix real estate market, new trends, and the latest opportunities.  The Real Estate and Beyond Radio Show Airs every Saturday from Noon-2:00pm on Conservative Newstalk KKNT 960am in Phoenix, Arizona.  You can listent to past shows, or stream on-line.

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Phoenix Real Estate Resource Center

 

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TITLE INSURANCE AT CLOSE

Real estate is a part of everyone's life. We see real estate for sale or lease on a daily basis via Internet, television, radio, and newspaper. The definition of title means an owner has the right to maintain or sell real estate in his/her possession. The owner has the right to enjoy the property. Title is the history of ownership of a parcel of land. Title companies do title searches to ensure that a buyer will have clean title when purchasing a piece of real estate. They want to ensure there is a true hand over of the property to the new owner without any blemishes on title. This service is provided by your local title agency. Title is another word for "right" or "interests" when it comes to real estate.

A title insurance policy is written against the property after thorough research from the title company. Title insurance is the company's opinion concerning ownership and marketability of title on the property. The buyer is purchasing the title insurance from experts. This means the title company is backing their research and willing to issue a title insurance policy on the land. Title insurance policies do not cover the following:

  • Defects in title known to the insured
  • Liens not on public records
  • Easements
  • Interests of parties in possession
  • Survey matters

The reasons for issuing title insurance are twofold. The mortgage company wants to ensure that they will be able to put a mortgage on the property with no issues. The buyer wants to enjoy the property they just purchased with no problems. The owner wants to make sure that their real estate is marketable and will be able to sell, lease, or mortgage the property with no worries.

The title insurance policy protects the lender if there is a title issue. One must purchase an owner's policy to protect oneself. If not, it would be very costly if a title issue would arise down the road. Many times you can ask for a lower rate if you purchase from the seller's previous title company. I always believe in asking for a discount.

Conclusion

First, I would advise to ask the escrow title officer to explain the title insurance policy in detail in what it covers and does not cover. The escrow title officer is a great source of information since they perform this type of service on a daily basis. Another person to ask would be a real estate lawyer. I would highly advise to hire a real estate lawyer for an hour or two to review the title insurance documentation for one's protection.

Make the Call, Set the Plan, Do the Deal$!

Feel free to listen to my Radio Show to learn more about the phoenix real estate market, new trends, and the latest opportunities.  The Real Estate and Beyond Radio Show Airs every Saturday from Noon-2:00pm on Conservative Newstalk KKNT 960am in Phoenix, Arizona.  You can listent to past shows, or stream on-line.

news talk radio

Phoenix Real Estate Resource Center

 

Follow Me On:  facebook profile  twitter profile   linked in profile  rss fee for blog                                      search for phoenix real estate

GREAT JOB BRIAN MARKUS

I want everyone to welcome Brian Markus to the ActiveRain Community. Brian joined my company a little over two months ago. I started my own real estate company here in Phoenix, AZ after my popular radio show named Real Estate and Beyond. We have created a one stop for people to plug into the Network to start buying homes in the Greater Phoenix area. So, Brian has been in real estate since 2002 with great experience.

He is holding up his first real estate commission check with Real Estate and Beyond. He came to Real Estate and Beyond because of the Network concept and wanted to learn new things in real estate. He is off to a great start. He has many buyers at the present time because of the Network concept.

I encourage everyone to look up Brian Markus on ActiveRain and say Hello. He has his own section on ActiveRain and is learning the entire social marketing one day at a time.

I just want to give thanks to ActiveRain and Brian Markus for making this a better world.

 KEEP UP THE GREAT JOB!

Make the Call, Set the Plan, Do the Deal$!

Feel free to listen to my Radio Show to learn more about the phoenix real estate market, new trends, and the latest opportunities.  The Real Estate and Beyond Radio Show Airs every Saturday from Noon-2:00pm on Conservative Newstalk KKNT 960am in Phoenix, Arizona.  You can listent to past shows, or stream on-line.

news talk radio

Phoenix Real Estate Resource Center

 

Follow Me On:  facebook profile  twitter profile   linked in profile  rss fee for blog                                      search for phoenix real estate