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A Creative Approach to buying Real Estate

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Everything described below

- not fiction and not theory, and real-world experience with proven results. My current business project «The house in the mountains» is fully based on the provisions described below, and has proven the excellent performance of this idea... Show/Hide Idea

A creative approach to buying real estate

















Widely known that real estate can be purchased substantially below market price when the seller is urgently needed money in regard to debts, relocation, divorce, illness, etc.
But if you think about it when something that you can buy a house, apartment, land or other expensive equipment, without a penny in your pocket?
It turns out, and this is possible.
What to do this? Just find out the real needs of your seller. What really needs him? As he was going to spend the money? Ask him about it directly, and you'll be a great food for thought.
















In addition to cash and cash commitments can be offered as payment for various equipment (eg, the seller may be interested in your car), services (eg, legal, construction) and so on, depending on the needs of a particular seller.
Maybe he should be someone money? Agree with his creditor and transferred to their debts.



















Perhaps he simply did not need the property, which he sells? Agree with him on the long-term installment payment. He is afraid to risk, and you have nothing to send him to? Offer him a contract of loan, bill, receipt, letter of guarantee, surety, insurance of their own lives in his favor in the amount of the transaction, and so on.

Once you've agreed on the installment, can take property for rent to cover the payments to the seller. If the payments are not comparable, sell property, earn, and to calculate seller.
After all, if you planned to really good bargain, why not take a bank loan or not to find someone with the necessary amount, and is ready to put it into a profitable activity?


















You can use creativity in their work everywhere. Negotiation Skills develop with practice. Record all your conversations on a dictaphone, analyze, and find in them the error of his ways - that are interested in the seller or the buyer, where and why he refused the deal, or that, conversely, influenced the final conclusion of the contract. It is very important that you can hear yourself and your voice from the outside.

At first glance all this may seem very unlikely, however, you do not lose anything if the taste? Conversely, do not try it yet - you can continue to be confident that you will not work. Practice, practice, and only practice will give you the desired results. I assure, at some point you're even surprised by how much conceding there are some sellers.
To the real estate has been a truly valuable, profitable and liquid, must be considered when selecting the following criteria:
Availability of communications - access roads, electricity, water and gas supply, sewerage, communications and so on.
Natural and species characteristics - proximity to forests, water, mountains, natural attractions, etc.
Status object (eg, living close to politicians, pop stars or other famous people) and social background of neighbors.
Infrastructure - a garage, sauna, proximity to major cities, shops, cafes, schools, stops, parks, banks, pharmacies, recreation, entertainment, etc.
The architecture and the home, the presence of faults.
Environmental cleanliness area.
Distance from industrial areas and motorways.
Soil fertility, availability at the forest and garden trees.
The size, shape and topography of land.
The documents that you need to check before you buy their own property:














The contract for privatization, sale, Menua, gift, share, certificate of the right to inherit, the court decision.
Personal passport owners. House book.
Certificate of state registration of ownership of real estate.
Technical passport of the dwelling, or a certificate of BTI inventory assessment dwelling with a plan of the premises.
Cadastral plan of land and a building plan showing the inventory numbers of the facility, certified by bodies involved in maintaining state land cadastre and the integration of real estate.
Notarized consent of the spouse for buying and selling.
Extract from the registration of rights to immovable property and transactions with the lack of charges (arrest, bail, etc.) - in the Registration Chamber, is valid for one day.
Help from the Housing and operational organization of the composition of the resident (registered) in the home (where no one must be registered).
Help from the absence of tax arrears in the payment of property tax.
Help the absence of debt for rent and utility payments.
The papers should not be limiting entries.

Be sure to check the passport owner information listed in the documents for real estate, with the data specified in his civilian passport. Also need to make sure that details of the property described in different documents are the same.

There are many subtleties that can not be described in this article (ownership, inheritance, etc.), so do not spare the money and not Polenov consult with the notary, a lawyer and / or real estate, whether all documents in the course of your seller. If there is no money at all, then once again appeal to the creative approach. For example, you can get a free and comprehensive information from the competent lawyers in any real estate agency providing clients wishing to arrange a deal through this agency.

I do not recommend buying real estate on the general power of attorney. This is the most common cause for all sorts of frauds. The point is that the owner or his authorized representative may at any time to unilaterally withdraw the authorization issued by you. In addition, the property could be seized long ago. Also to the power of attorney terminates on the death of the principal - and death can be sudden. And so on and so forth. Thus, you risk much to stay and no money and no home.

If you are buying real estate from the seller, controlling her by proxy, a detailed examination of such a proxy - check the expiration date, details of the property (the absence of any uncorrected and uncertified notary errors), the right and the way of exclusion, the right to receive money from the buyer's passport details the seller.

At the time of the transaction to check all available documents for technical and grammatical errors.

So, you can congratulate! You bought a house, apartment or land. So, have already done half the cases. Now you need with minimal costs (you can take a small amount) put varnish, make pre-training facility, and find him a buyer.
As you know, in 90% of the purchase of real estate is on the emotions. With this in mind, I invite you to specific and practical tips to increase the value of the property:
Write down the people from the shelter. In "pure" real estate is always more expensive.
Provide documents in order. If you have old documents - make a new passport BTI and inventory plan. If you have a general power of attorney - when the right property. The price usually drops if the seller has a power of attorney.
To settle all arrears of utility charges.
Carefully priberites in the house and on site. Wash floors, windows, doors, ventilate the room. Get Rid of junk and clutter. Removed debris. Rake the grass. Otsypte track.
Remove all the faults, which can significantly reduce the price.
Make inexpensive cosmetic repairs: Naklo bright new wallpaper, whitewashed ceilings, change the switches and sockets. All this is peanuts, but after modest housing investment looks much more expensive.
If you sell an apartment - sure priberites near the entrance.
In some cases, if resources permit, it makes sense to hold all the communications that will enhance not only the cost but also the liquidity facility.

This is what you can do on their own, to squeeze out of a maximum of existing housing.

Now your property is fully prepared for sale. Tell all your real estate agency known most detailed information about the object and wait for calls happy customers.
How much will I earn for this?















And how much you need to not go to work?

When buying real estate, consider, in addition to the cost of the facility, the cost of extending the documents (the notary, registration chamber, and when old documents - an inventory of buildings and an inventory of the plan, unless the seller does not assume all the costs in full) and income tax with 13% of future profits (of course, you can always negotiate with the seller on the «gray» payment and avoid paying tax, but such a scheme is not secure legally).

So, the profits from one transaction of sale is as follows: income from sales minus the purchase price, the cost of paperwork, pay taxes, and some small type of payment costs of telephone calls, gasoline, etc.












In action, the daily viewing options and negotiations with vendors for the month you get a great experience and has accumulated a database of options to suit you. The preparatory phase passed. From this moment you can buy and sell at least one site per month. Naturally, the processing of all documents will take a little longer, but at the same time can be 2, 3, 5, 10 or more transactions.

Each transaction has an average of 10% to 30% net profit on the transaction amount. When the conditional average value of USA averaged a property of $ 100.000-200.000 - It is 10.000-30.000 dollars with one transaction. Not bad for business without attachments?



Автор: DeXtR на 10:00 AM
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