The use of an environmental disclosure report will generally protect you from any liability. More detailed information will most likely be state specific.
Read this article for more information:
http://realtytimes.com/rtapages/20060207_hazards.htm
I have found over 80 acres for sale including spring fed pool with water slide, two pavilions (75×85 which seats over 250 with benchs already provided) has frisbee golf, baseball field, soccer field, volleyball court, half court basketball, bathroom facility, 1800’s historical log cabin, early 1900’s ranch home, outdoor catering kitchen, property is being used for corp. daily events.
No point in going into details of the property (especially when you don’t even says where). I would post this under Business Opportunities, if that’s what you’re looking for.
Wanted, and investor to invest in a Christian Camp and Confrence Center.
But before you bother, you should put together a business plan that shows a need, the market, pricing, how you expect to pay for it, etc. You’ll need all that before you’ll find your investor.
i understand that a real estate agent is different from a realtor. am i correct or am i mistaken? can somebody please explain the diiference? furthermore, how to become a realtor in philippines?
all realtors are real estate agents or brokers
not all brokers/agents are realtors.
an agent or broker is a licensee who has passed a state test and
applied for same.
a realtor is a member of the National assn of Realtors {i was a member
and it is the biggest waste of $ in existence and deals in restraint
of trade!]
How to apply for a Real Estate Broker License
New Application:
A. Requirements
1. Filled-up application form
2. Four (4) 1 X I
3. Clearance either from NBI, RTC or City or Municipal Clerk of Court where applicant resides or holds office for one year to the date of application
4. Proof of educational attainment – 144 units College education or 72 units provided license salesman for four (4) years
5. Report of rating – REB examination
6. Surety Bond – P 5,000.00 in favor of DTI and HLURB or certification from a recognized real estate association that it guarantees the faithful and honest discharge by the applicant as well as the salesperson working under him of their duties and shall be liable to any and all persons who may suffer loss by reason of such failure up to the amount of five thousand pesos.
7. If corporation, Board Resolution authorizing a Real Estate Broker to act for and in behalf of the corporation, together with the certified true copy of the Securities and Exchange Commission (SEC) Certificate and Articles of Incorporation.
8. If partnership, partnership agreement authorizing a duly licensed real estate broker who will act for or in behalf of the partners in the realty practice or service, together with the certified true copy of the SEC Certificate and Articles of Partnership.
B. Fees
DTI License fee – P 350.00/year
Housing and Land Use Regulatory Board – P 510.00/year
(HLURB) Registration Fee
Renewal Application:
A. Requirements
1. Filled-up application form
2. Two (2) 1 X 1 I.D. picture
3. Renewed surety bond
C. Fees
• P 350.00/year for DTI; if expired and not renewed within 30 days grace period within the year of renewal, pay surcharge of 50% of the basic fee. If renewed after one or more years, pay the basic license fee for all years of non-renewal plus 50% surcharge on the total basic fee.
• Registration fee of P 510.00 for HLURB; if expired and nor renewed within the 30 days grace period, a surcharge of P 200.
http://sam2007realestateagent.blogspot.com/search/label/Real%20Estate%20Brokers%20%28REB%29%20Licensure%20Exams%20Results
What does the sales price of a home have to do with anything. It does not cost any more to sell a $200,000 house than a $400,000 house. Why is not based on a flat fee? Sometime the Realtors make more than the homeowner does. This seem to be one of the largest scams played on the american public today.
It’s not a scam. Realtors admit they get a fee. They’re required to by law, like all commission sales people.
In a lot of cases, the Realtor’s office gets 3% of the final sale price, and the Realtor him/herself gets 3%. But remember that the 3% is what the Realtor *lives on*.
They do not get a salary, nor do they get a steady paycheck. And they paid some money and attended a training program (sometimes a couple, depending on where) in order to become an agent. A Realtor is even more elite. They paid to play, and they’re working for however much they can get.
Every self-employed person lives by the motto "haud opus, haud victus… no work, no food."
3% of a $200,000 house is $6,000… but how many months did it take to get that money? And remember, Realtors pay taxes _after_ they get paid. Their earnings are not conveniently withheld so they can just blow their money. Up to 40% of what they make goes straight to Uncle Sam, for the sweat of their backs.
The less guarantee there is of a pay-off, the higher the risk of days without food and of getting the electricity turned off, the larger the ultimate pay-off should be. IMO, that’s the American Way.
Hope that explained.
I will like to buy real estates in the netherland antilles,Armenia and the St Lucia Island.I willl need help on this issues.I will like to know what it cost for various forms of building,2-4 bedrooms,chalets etc.
These sites should help you out. You are going to need to do research on all of these. It is very expensive, and you might want to talk to a expert on this issue. Good luck, and I hope I helped you out.
For Netherlands Antilles:
http://www.escapeartist.com/International_Real_Estate/Netherlands/Netherlands_Antilles.html
or
http://www.viviun.com/Real_Estate/Netherlands_Antilles/
For Armenia:
http://www.realakcern.am/
For St. Lucia Island:
http://www.stluciarealestate.co.uk/
How do I find a good realty company?
go to a respectible agency that can put u in touch with good companies. or try contacting them direct.
t
Can anyone get me a realcomp.com online login name and password, I would like to access this site to pull up my own comps listings, Please don’t just tell me to sign up. Can I borrow anyones? I just need it to access information on homes up for sale.
Thank You!
They charge for the site for a reason… Are you really asking for someone to help you cheat?
You can get the info you want for free from calling a local Realtor….
Our house has been on the market for a year now, we have listed it with two different realtors during that time and only had two showings. We want to move closer to Indianapolis, We have found 3 houses we really like and would like to buy one of them. The listing is up in a couple of days on this house and I’m wodering what the best option is going forward.
The economy in my area is very very slow (highest unemployment in the state), and there are many many houses for sale, very few are selling, and when they do sell, they are being sold for ~<90% of value. We have already dropped the price ~7% and offering to pay closing costs, and still nothing.
Which option is best for me?
1. Relist it with the same realty office
2. Try to sell it myself (FSBO and drop the price by the 7%)
3. Try one of those we buy your house today places (may not cover the payoff)
4. Move and try to rent the place
5. Move and let it go back to the bank
1) The value of the property is what you can get someone to pay. Period. You are saying that your market is overpriced. If you’re only going to get $X anyway, try making that (or something closer to that) your asking price. It works!
2) I don’t think much of your realtors if they didn’t explain this to you. Find a different listing agent. But if you want to sell, you want a full service listing agent, especially in the kind of market you describe.
3) If selling for a real price isn’t on the list of options, then see if you can rent for enough to cover the mortgage. Your market will come back sometime. But being a landlord opens up a whole new can of worms. Talk to a good management company, especially since you’re not going to be in the neighborhood any longer
4) "letting it go back to the bank" will hurt you financially for a very long time. To start with, you won’t be able to get a loan to buy that replacement property. Don’t do it.
My dream is to become a realestate investor by means of Fixing out dated homes and selling them. I plan to take real estate classes and also get a small buisness degree. Is there anyone out there with wise advice for a girl who wants to make her dream come true? I live in Michigan and the housing market is as low as its been in 35 years so I plan on waiting to start this until the market begians to recover. I have already invested in a home for my family Getting a great deal due to the market. The house appriased at 125,000. I bought it for 90,000 on a land contract 4% interest. I am going to pay $500 a month toward princable for 5 years leaving me with about 60,000 owed. I paln on using the equity to begian investing in other propreties. Good Idea or bad?
I want to wait until the market begians to recover because I dont want to be stuck with a house I cant sell. I dont want to have to make 2 mortage payments
That is a great idea…..Many RE investor’s start this way….If you go into this business, you must have SOME capital….And if you sell your home in two years, you can reinvest that money into another home….If you do that every two years, in 6 years, you will have cash to buy a home….And enough capital to really launch your business…..Best of luck to you! You sound like you have a good sense of how the market works….
yet the Landlord to be claims someone was going to do repairs on today 3/22/08 no one is at the property when i went by. I am begining to think he is going to be a slum lord as it was it took him almost 2 weeks to sign the lease. And the city inspection from the town has not been done and iam still in my current apartment i just cant wait until the day before the April 1st and that is what he is considering giving me the key the day before. whoa talk about pressure!
If your lease says you take possession on the first then you get the keys on the first and not sooner. If you’d have wanted the keys sooner then you should have had that in the lease.
Perhaps the workmen got behind on another job or had to reschedule. It is a holiday weekend you know.
No offense, but you sound like you’re going to be a problem, whiny tenant.