Mortgage rates fell at Total Mortgage this week, and now may be the time to lock in a low rate for your home purchase or mortgage refinancing. While it is difficult to predict what the future holds, there are many indicators that we will see rates rise by the end of the year. If you are looking for a mortgage, call us today at 877-868-2503 in order to speak with one of our licensed mortgage professionals. We want to help you save money on your house.
Todays Links:
A suggests that weak demand for housing will continue for the foreseeable future.
NYT: Homeowners are in denial about property values.
Bloomberg: Jobless claims rose last week.
Yahoo Finance: Banks repay TARP loans with loans from the Treasury. Ye
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Is the person selling the home you want a Music Facer, a Dream Chaser, or a Long-Distance Racer?
As with any high-stakes negotiation, it helps to know the type of seller with whom you’re dealing. It can make the difference between getting the home you love for a reasonable price or spending several frustrating weeks, if not more, on something that never pans out.
Even if you think you know the sellers mentality, think again. The real estate market has changed dramatically in the past five years. Gone are the days when many sellers received multiple offers and made a 10-15 percent profit in a short amount of time; when buyers got the home of their dreams (with little, if any money down); when realtors collected a commission check without much headache.
Here are the three main types of sellers that are frequently encountered today. T
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Negotiated tenant allowances are a key consideration for most commercial leases. Unfortunately, negotiations often overlook tax consequences during the structuring of the lease, creating an unanticipated tax burden for an unsuspecting property owner.
While recent tax law changes included in the Tax Relief/Job Creation Act of 2010 provide some temporary relief to owners making tenant improvements, the term of most current commercial leases will extend beyond the acts expiration. Thus, it is imperative that leases consider how each party may be affected by allowances currently under negotiation.
Tenant allowances can take the form of direct cash payments made by the property owner or an agreement to accept lower rent payments in future years.
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This hospitality business for sale is presently a night club,bar & restaurant but has the opportunity to re-brand. Very affordable rent and lease and offers a great opportunity for a couple to purchase the Freehold.
Presently the business has full beer tap system ( owned by DB), pool tables, full DJ sound and light system plus big screen TV.
To find out more about this fantastic buying opportunity please contact Kevin Johnson Specialist Hospitality Business Broker TourismProperties.com 03 310 7487 or 0217 466 7930 or email
A: In NJ commission is negotiated, sign by both agent and owner and then the home is shown.
A: As a Realtor, When I deal with a For Sale By Owner, I always speak with the owner/seller prior to showing a buyer. I also, have the owner sign an Authorization to Show document which details how the commission is handle.
You may want to speak to the agent directly and inquiry who will be paying her compensation. The buyer could have agreed to pay the agents compensation however, my thinking is always to make sure all parties are informed and in agreement.
A: Not necessarily.
Its possible in some (most) states to have a separate employment or buyer agency contract with a commission to their agent included in that agreement.
The buyer can either pay their agent direct or make it a part of their offer to you to be paid from the proceeds at closing.
A: Not necessarily.
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A great opportunity to cater for tourist accommodation such as Bed and Breakfast, Backpackers and Campervan Park or similar tourism property development. Great location where lots of traffic pass daily.
This property is awaiting a buyer to unlock the potential. The purchase price $785,000 + GST (if any)
Ross Larsen Specialist Business Broker of TourismProperties.com 06 374 7991 or 021 024 23141 or email