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St Paul Real Estate-Buy Houses-Rehab

Robert Zuniga — Mon, 20 Jul 2009 20:52:48 +0000

Rehabbing properties and managing contractors is a fast game.

If you can’t figure out your head from your bottom, you will lose your shirt or worse yet your shirt will be ripped off your back while rehabbing your first house.

First and foremost we must become experts at locating and prescreening contractors, quality mature adult contractors.

If this is done right, the probability of the rest of your rehabbing project being a success increases ten-fold. When you work with competent people you are able to utilize your time and leverage your ability while rehabbing.

Robert Zuniga
651-343-9940

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I’m ready to Buy A Home : http://www.buyhousesstpaul.com/

I’m ready to Sell A House : http://www.sellhousesstpaul.com/

St Paul Real Estate Investment Deals Sign-Up : http://stpaulinvestmentdeals.com/

St Paul Real Estate Investment Deals Blog : http://stpaulinvestmentdeals.com/investordeals/

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St Paul Real Estate-Buy Houses-Get “Pre-Approved” NOT “Pre-Qualified”!

Robert Zuniga — Fri, 10 Jul 2009 12:32:01 +0000

The Serious Buyer Gets “Pre-Approved”!

Your finance strength as a buyer and the length of escrow, are critical elements to a seller.

Therefore knowing how to boost your buying strength is an excellent bargaining tool.

The norm in the recent past has been for a buyer to get “pre-qualified.” You’d spend a few minutes on the phone with a lender who asks you a few questions. Based on the answers, the lender pronounces you “pre-qualified” and issues documentation that you can show to a seller.

Sellers are aware that “Pre-Qualified” certificates are WORTHLESS!

Why? Because none of the information has been verified! Therefore a seller can make a pretty safe better that unknown problems surface while the buyer is getting financed!

To optimize your bargaining tool, make a strong offer by getting “Pre-Approved”.

This happens AFTER all information has been checked and verified. You are actually APPROVED for the loan and the only loose end is the appraisal on the property. This process takes anywhere from a few minutes to a few days depending on your situation. The effort it will take you as a buyer puts an immense amount of power on your side when you are submitting an offer for you dream home.

Can’t get pre-qualified? Call me. As an investor we can potentially still place you in a house on the road to ownership while you live in the house!

An INFORMED buyer is a HAPPY buyer!

http://www.BuyHousesStPaul.com/

I’d be happy to set up a FREE consultation with you to help you achieve the dream of home ownership.

Robert Zuniga
http://www.stpaulinvestmentdeals.com/
robert at stpaulinvestmentdeals.com

651-343-9940

St Paul Real Estate – Do NOT be pushed into just ANY house-find the RIGHT house (it’s a buyer’s market!)

Robert Zuniga — Thu, 09 Jul 2009 21:53:39 +0000

Today’s buyer’s market means more opportunities for you!

Your agent should show you EVERY property on the market that meets your requirements.

Don’t make a decision on a house until you feel that you’ve seen enough homes to make an EDUCATED decision.

Ask your agent to go through the Multiple Listings on the computer WITH YOU, so you know you’re getting a COMPLETE list of homes for sale and not just the home that the agent “wants” to show you.

With current market trends houses are sitting on the market longer, so chances are you don’t need to make an offer on the spot unless the home is significantly under priced.

However, you must keep in mind, if you wait too long there is always a chance of the house selling before you have made your offer.

If you really like the house, get an offer written and make sure your agent informs the listing agent to be expecting an offer from you.

Often the listing agent will inform your agent if there are other offers on the table.

An INFORMED buyer is a HAPPY buyer!

http://www.BuyHousesStPaul.com/

I’d be happy to set up a FREE consultation with you to help you achieve the dream of home ownership.

Robert Zuniga
http://www.stpaulinvestmentdeals.com/
robert at stpaulinvestmentdeals.com

651-343-9940

St Paul Real Estate-$8000 Federal Tax Credit Explained-First Time Home Buyer

Robert Zuniga — Wed, 08 Jul 2009 14:53:51 +0000

Video link with National Association of Home Builders (NAHB) Tax Economist Robert Dietz discussing the Home Buyer Tax Credit

A tax credit of up to $8,000 is now available for qualified first-time home buyers purchasing a principal residence on or after January 1, 2009 and before December 1, 2009. Unlike the tax credit enacted in 2008, the new credit does not have to be repaid.

The dates: on or after January 1, 2009 and before December 1, 2009. Make sure you close before the December 1, 2009 deadline.

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Shout out to: Jay Thompson where he has more information posted & Maureen Francis for sharing her great internet finds

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Contact me, Robert, at 651-343-9940,

I am here for all of your real estate needs.

I’d be happy to set up a FREE consultation with you to help you achieve the dream of home ownership.

http://www.buyhousesstpaul.com/

New properties come up for sale made available to me through my network of investors. For FREE access to these opportunities, feel free to call me (651-343-9940) for the latest updates. One of which may be the home of your DREAMS! I am here for all of your real estate needs. I’d be happy to set up a FREE consultation with you to help you achieve the dream of home ownership.

Robert

Robert Zuniga
Investor Catalyst
2355 Fairview Ave N 106
St Paul, MN 55113
651-343-9940

St Paul Real Estate-Making Offers and Closing the Deal

Robert Zuniga — Thu, 02 Jul 2009 11:56:39 +0000

When You Find The Home You Want, How Much Should You Offer?

This is when your real estate broker can help you the most.

Your Realtor will do a comparative analysis of similar homes in the neighborhood which are currently on the market, under contract, and those that have closed in the recent past.

They will give usually give you a small range in which they see the home selling for.

Remember, this figure is a recommendation; the amount you offer is always up to you.

You need to take into consideration how much the mortgage will be, make sure you can really afford what you are offering.

How much you really want the home may also affect the price you offer.

What If Your Offer Isn’t Accepted?

Well, Offers are very often rejected which doesn’t mean “game over.” They often are!

But don’t let that stop you.

You may receive a “counter-offer” from the seller.

Now you begin negotiating. Your broker will help you.

There are several terms in the contract that you can adjust in addition to the price to make your offer more appealing.

Often your Realtor might learn the seller has a specific date they are looking to close on or maybe they would like to see a slightly higher down payment.

You may have to offer more money, but you may ask the seller to cover some or all of your closing costs or to make repairs that wouldn’t normally be expected. Often, negotiations go back and forth several times before a deal is made.

So What Will Happen At Closing?

The closing will usually take place at either your attorney’s office, the seller’s attorney’s office, or in some cases the real estate brokers office.

The closing agent will have a large stack of papers for you and the seller to sign, he or she will give you an overview of each paper, and you may want to take the time to read each one or consult with your agent about what it is that you’re signing.

Be sure you have review your “good faith estimate” and have the appropriate amount of funds at closing.

After that, the keys are your and “welcome home”

Now is the time to understand all your options when working with a Real Estate Investor (hint: we buy and sell houses with negotiable terms and price).

http://www.BuyHousesStPaul.com/

I’d be happy to set up a FREE consultation with you to help you achieve the dream of home ownership.

Robert Zuniga
robert at stpaulinvestmentdeals.com
651-343-9940