solving Todays Delinquent Hoa Fees Problem


The more you get, the sooner you get it, the better off you are.” I felt my forehead scrunch in that familiar expression of confusion as those words rolled off my real estate instructor’s lips. “Come again?” I raised my hand. He then held up two bills: one a twenty dollar bill, and the other a ten. “Which one do you want”, he tempted? “The twenty”, I bit. “Let me ask it again”, he continued. “You can have the ten now, or the twenty in ten years. Now which one do you want?” You could almost see the bright cartoon ‘light bulb’ appear above my head. “That’s the ‘Time Value’ of money” he said, nailing down his point.

Today that issue strikes at the heart of how some HOA’s still depend on liening a property to collect past dues – when all the dynamics upon which that once-successful formula worked have changed. Properties aren’t selling, delinquencies are increasing, and costs to cure are rising. We’re now wedged between a rock and a hard place where buyers are insecure about the market, and lenders require the ability to leap tall buildings in a single bound prior to granting a loan. And it’s getting worse. For example, Fannie Mae and Freddie Mac Federal Lending Guidelines now require Condominium HOA’s to have no more than 15% of their properties 30 days or more delinquent on dues, in order for any property in that project to qualify for a loan. Do you see the vicious cycle? The more delinquencies rack-up, the less likely you’ll see your liens settle any time soon. Meanwhile properties are getting older and in need of more repairs. This is no time to not have time on your side.

Another downside often missed is that delinquent homeowners don’t care if their old property has a lien against it, because that only reflects poorly on the property – not them. What leverage do you have to get a delinquent homeowner to pay you if there’s no consequence to them? It’s far easier and less expensive to take simple steps to pursue the debtor, and it’s far more effective as well… but more on that in a moment.

Considering Building A House Extension – Pros And Cons

Building a Home

House extensions can be a lot of work and money too. But they are generally cheaper to do than buying a new home. With a home extension, you can virtually simply add the specific part or space requirement lacking in your with fewer hassles. Nevertheless, the amount of work and money needed would also always depend on how much work you intend to be done in your house extensions. The simpler your house extension is, the faster and the cheaper it would be. Like any of the other building, house extensions must be planned and done by professionals though.
House Extension versus Buying a Bigger Home

People simply prefer doing a house extension with a belief that it is cheaper. But again, this would depend on the extent of the house extensions you require. The advantage of doing a house extension really is that paperwork is usually simpler and easier to accomplish. If you buy a new house, there would be many fees and paperwork to deal with. It would take more time before you can finally move into the new home. House extensions can be accomplished faster with the right contractor. This is even especially so if you need only a simple house extension anyway.

Personal Use versus Market Value

So What Exactly Is A Real Estate Bird Dog – Aka Property Locator

Real Estate

What is a Real Estate Bird Dog? AKA Property Locator

So what exactly is a Bird Dog / Property Locator? Bird Dogs, at least when used in the Real Estate lingo, are also known as Property Locators, Property Finders or Jobbers. They are the eyes and the ears of real estate investors that find properties for real estate investors to buy, properties they wouldnt be likely to find on their own.

Bird Dogs go out and find undervalued properties for real estate investors! Bird Dogs do not purchase the properties themselves; however they search neighborhoods, communities, counties, cities, and so on, looking for properties for real estate investors to buy. With a little experience, many real estate Bird Dogs advance to becoming a Wholesaler, which is actually taking control of a property (getting it under contract) and then selling it to investors.

Franklin Lakes Nj Real Estate And Housing Market

Real Estate

If you are looking for an unbelievable real estate market, with diverse amenities, look no further. New Jersey Real Estate Guys is proud to introduce you to Franklin Lakes. F.L. is #22 in Top Earning towns in the United States. With a population of about 11,000, F.L. has a median household income of just over $155,000 and the median house price is a whopping $1.337 million. Don’t write off Franklin Lakes yet if the home price is not in your budget because there are dozense of homes for sale between a half a million and a million dollars.

Recently Franklin Lakes has been put in the nation’s spotlight recently with the hit show Housewives of New Jersey, a reality show based on wealthier women who expose the daily routines of being a New Jersey housewife. Many of New York’s top professional athletes pick this Bergen County suburb as the place to hang their caps and helmets when they’re not on the field of play. Mets manager Willie Randolph and others in uniform enjoy the conservative town’s rural character and easy access to all the metropolitan area has to offer. Say hello to Kelly Ripa as well if you see her walking the town’s well-manicured streets or shopping at the well-known Urban Farms Shopping Center.

Franklin Lakes’ housing inventory consists of a nice mix of design, however, dominated by Colonial architecture. Many homes built in the early 1900’s have been refurbished and modernized, bringing an ecclectic, tasteful, and rich feeling to the real estate market. If you are a backyard lover, look no further than F.L. Most homes have the luxury of backyard privacy where you can enjoy your private pool, barbeque area, or recreation area for you and the family.

Why Myrtle Beach Condominium Rentals Are the Finest Oceanfront Accommodations Locally


Consult anybody who has visited Myrtle Seashore what sort of accommodations are the ideal, and you’ll get a wide variety of answers. On the other hand, much more generally these days you’ll be directed to a condominium or if the budget allows, a beachfront household. Here are the reasons you must consider a oceanfront condo or house rather than a hotel or resort.

Hotel selling prices in Myrtle Seaside have risen steeply over the past number of seasons. Most of them are owned by corporations with a significant workers on the payroll. Condos, on the other hand, are largely privately owned and a lot of had been purchased at a deep discount, and that low cost is passed on to you, the visitor.

It’s more like property. As in other beach places, condominium proprietors reserve many weeks for by themselves and their family and buddies numerous weeks of the 12 months. Mainly because of this, most of the oceanfront condos are very well appointed with regard to furnishings and amenitites. Also, as a private property, most are spacious and have more than adequate place for a more substantial loved ones or even 2 or 3 couples.

What Exactly Are Condominium Qualities


There are many kinds of true estate qualities including single family members unit, multifamily unit, flats, condotels, townhouses and condominiums. We already understand what one family device is, what a multi loved ones unit is, what apartments are, at the same time as condotels and townhouses, but small about condominiums. This informative article is created to end the curiosities of numerous men and women about what condominiums are.
Condominiums certainly are a sort of home ownership exactly where house owners individual specific units of the constructing like an apartment inside a high-rise. People who like town living ought to choose condominium unit simply because Condominium attributes are especially intended to supply multi-family housing inside a densely populated setting, such as the town.
Proprietors of condominium units share frequent locations such as health club, swimming pool, sport area, collect place, and tennis rooms. Also, they share a particular algorithm which they called CC&Rs or Covenants, Conditions and Restrictions. These principles speak about the responsibilities of every device owner and about things which are prohibited doing in the building for example having a pet or renovating any part of the unit. These guidelines somehow vary to other condominium buildings’.
Talking about payments, the owner of units in a condominium property pay dues (include payment toward immediate expenses and future maintenance, such as roof replacement) usually for a maximum of 4 times a year, and dues are used to fund the maintenance of the property and its upkeep. You’ll find employees to pay for example the maintenance and repair crew hired by the homeowners’ association, also to pay the guards, bellmen and other responsible for making the condo property dwelling comfortable.
Individuals like to have a condominium unit due to the fact they think it is a comfortable place to live in. Effectively, it is a comfortable place to live in. Most condominium qualities don’t just have nice interior features but they also have nice exterior features. Most of the time, it is the view that captivates most buyers.
Other reasons why men and women pick condominium models:
Condo models offer products not easily found in single-family homes, such as 1-bedroom, 1-bath setting which appeal to singles (40% of condo buyers are single females, 20% solitary males) and first-time homebuyers.(The transaction when buying condo units is easier than when buying other real estate properties. Less hassle)
Men and women can’t afford to buy a nice single household house, but can afford a nice condominium unit. They can’t afford to have their individual recreation locations inside a house, but in the condo, they can!

Semi Trucks,tractor Semi, Tractor Trailers For Sale, New And Used, With Canadian Financing

Commercial Property

Semi trucks, tractor semi, tractor trailers for sale are located in both the Unites States and Canada, new and used, with Canadianleasing being offered to residents of Canada.

Semi Trucks are presented for sale by dealerships and auction houses through out the United States. and Canada. Some U.S dealerships have partnered with local and/or regional lending institutions to move these off lease and repossessed semi trucks with special dealer pricing being offered. U.S banks and all other lenders are holding repossessed property in their repo and off lease inventories, therefore they must move these repossessions due to the fact it is impairing their cash flow and working capital.

Cash buyers have the best opportunity to attain the repossessed tractor trailers for the lowest price.