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DC Fawcett Real Estate – Tips for Women home buyers

Introduction

Single women are surging ahead in real estate investments. Gone are the days, where a father’s or husband’s signature is required for a woman to purchase a home. Accounting for 18% of homebuyers after married couples, the National Association of REALTORS says that single women are changing the face of homeownership. Stability, investment opportunity and life changes being the driving factors for single women to own a property instead of rent, if truth be told, they are the second largest home buying group. In order to help all single women out there to make a wise purchase this article will list out some prudent points that will make your purchase wise and profitable. Let’s get into the tips right away.

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Big-ticket repairs:

Foundation, windows and the roof are the main things that you should have a keen look at when you are inspecting a home. Seeing that both repairing and replacing any of these can cost you a leg and an arm, find out the costs during your home inspection time frame and report it to the seller. There is another option too. Read on to know it.

Try getting seller concessions:

Well, there are several misinterpreted aspects of ownership, one of the most misunderstood parts is the amount of money required to maintain the home. Certified financial planners say that anywhere from 1% to 3% of the home’s value is required every single year to cover fixes. In the present day, a lot of buyers are able to get concessions from sellers upfront in order to fix any impending problem which in turn helps cut the maintenance cost. Besides, buyers these days ask for a year’s warranty on the major systems and appliances that cover repairs and sellers are also providing and paying for these policies says professional buyers’ agent.

Have a keen look at the credibility factor:

Every new day we come across news stories about buyers who have been deceived by fly-by-night developers or agents. This may be in any form like either the project is delayed unjustly, or has never taken off or even if it is grossly partial from what was promised in the beginning. Hence, it is always good to have a check on the credibility factor such that you don’t fall to these con artists.

Conclusion

Are you a single woman who is still struggling to strike the home buying trend? Perhaps you should consider investing in your own home. Follow these aforesaid tips and jump the bandwagon of home ownership. Become more financially literate and get your questions answered by DC Fawcett, a real estate connoisseur who has mastered the art of wholesaling, rehabbing, and cash flow investing in virtual markets. Assisting people throughout the course of their real estate journey, he will help you become skilled at investing concepts and guide you how to grow through his proprietary Virtual Real Estate investing systems.

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DC Fawcett Virtual Wholesaling-Townhome Ownership,Absentee Landlordism,Commercial Real Estate,Entrepreneurs

DC Fawcett Real Estate Guidelines To Entrepreneurs.

Businessmen are facing financial crisis often due to decline in rate of interest in the market. They take up mortgage loans for their business improvement. To repay their loan, after your work hours, you have plenty of time? You can make money. Some entrepreneurs are thinking what to do with the profit earned out of their business; the investing strategies are explained in this article. The aspiring entrepreneurs can invest in real estate.  

DC Fawcett Reviews talks about how entrepreneurs can invest in real estate and the risk involved.

DC Fawcett -Real-Estate-Guidelines-To-Entrepreneurs

There are two ways of investment:

  • Active: This requires more hands –on work either by you or someone should manage it on your behalf. E.g. Real estate investment like lease.

 

  • Passive: Exactly opposite of active where no or less hands-on work. E.g. portfolios

 Dc Fawcett Real Estate

Risks involved in investment:

  • Inflation risk : loss of purchasing power

 

  • Systematic risk: stock market volatility

 

  • Unsystematic risk: going bankrupt

 

  • Interest rate risk : decline in rate of interest

 

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How real estate influence entrepreneurs?

  • Mortgage

Small scale entrepreneurs usually take up mortgage loans to flourish in their business, improve their work environment. These loans can be either short or long term and rate of interest may vary. At the end of loan period, they have to refinance.

  • Financial advisor

Many investors are seeking internet to get to know about finance, the financial advisor job is minimal as everybody are using real estate related websites to gather information. It is a cost effective method.

  • Create diversified portfolios which depend on comprehensive investments, risk tolerance and age of the individual.

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Tips to make investment:

  • Start small and dream big

Start doing small investment and invest in huge investments later once you get well versed.

  • Little companies make creative branding

Small companies do aggressive promotion to make a mark in the market. So keep an eye on how your competitors work.

  • Social media

Social media like Facebook can help you out, post the content so that it goes viral and you will gain many customers in the meantime.

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  • Patent

Don’t rush to get a patent immediately as it only patents your business and not your work.

Many entrepreneurs commit this mistake by getting a patent as soon as they start a business.

  • Marketplace report

The best way to seek attention is to create a marketplace report. You can catch the limelight easily once you do extra ordinary reports.

  • Partners

Build your network by choosing right people with good attitude from the industry and mingle. This will increase the enthusiasm. Keep the experience criteria as secondary.

DC Fawcett Real Estate Overview On Townhome Ownership

Owning a home is something to be proud of every investor put his efforts to buy a property.  Properties are of various types: single home, multi family home, condo and township. Those who enjoy community lifestyle, townhome are preferably for you.DC Fawcett Real Estate discusses about pros and cons of townhome ownership.

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The 3 major factors to be considered before buying a townhome are

    • Cost
    • Structure
    • Privacy
  • Structure

The house construction basically differs from a normal home property. A townhome is usually attached to another townhome which is similar in its structure. They are more compact and are suitable for nuclear family or retirees. A party wall is constructed in between which acts as a divider or pillar that separates two or more homes. It is more like a condo but townhouses are built one above the other.

  • Cost

The townhomes are preferred because of its affordability factor; it is cheaper than a traditional home. They are recommended for first time owners. It’s affordable because the cost is shared by a group of people. Utility expenses i.e. heating and cooling are way cheaper in a townhome and you tend to save a lot on this.

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  • Privacy

The major drawback is privacy issue is said by many in general, but sound proof homes and high quality construction eliminates these issues easily.

What all have to enquired before buying a townhome?

  • What are the amenities and services available in the community? Usually townhouses are designed in such a way that it includes all amenities of an apartment living like swimming pool, indoor court. The common area maintenance cost is also shared by the entire community. This will give you the information on what all you have to buy and how much you need to shell out from your pocket every month.
  • Associations are there to organize meetings, acts as help desk and take care of the community. Enquire about the rules and regulations before signing; these rules should be followed at any cost. So find whether you can follow all the rules. Meetings are held in the room provided to discuss any issue as well as conduct activities for recreational gathering.
  • Pets are allowed or not, enquire about it as many communities do not allow.

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DC Fawcett complaints on townhomes

Many would be designated with posts like secretary, accountant etc, so your presence is needed almost all the time. Exterior part has to be kept incredibly neat and clean as a part of the association, they expect you to co-operate.

Pros

  • Living closer to town so availability of basic needs is easier and closeby
  • Save maintenance cost
  • Security: townhomes are gated communities and people live close to each other. So people are free from robbery.

DC Fawcett Virtual Wholesaling – Issues Of Absentee Landlordism

Absentee landlordism refers to the people who own a property in abroad which is given out for rental purpose as he/she stay in his/her home country DC Fawcett Virtual Wholesaling  . The owner can be anyone like a local investor, corporate entity or a conglomerate in abroad buys a property in overseas as it is a form of virtual real estate investment.

DC Fawcett reviews the issues undergone by a tenant in absence of a proper owner.

DC Fawcett Real Estate -Issues-Of-Absentee-Landlordism

*Rental issues:

As the proprietor is away, the tenants may not pay rent on time. But it is advisable to pay on time so as to remain in good books of the owner. This may also help in situations when you need immediate assistance from him/her.

*Maintenance:

It is the prime duty of the tenant to maintain the house clean. The walls and lofts should be kept away from dust and dirt.  In case, furniture or electronic appliances is provided by the proprietor at the time of moving in, it must be kept in good condition so as to have a smooth inspection when the owner visit.

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*Repairs and renovation cost:

There may be situations when some repair and renovation work has to be done in absence of the owner. At that time, the tenant should be in a position to shell out the money from his/her pocket. The amount spent on repairs should be informed to the landlord when he/she is reachable. Friendly relationship with neighbors is also important as it can help during any crisis.

*Communication gap:

There would be apartment meetings or some circumstances which may require the presence of the owner to communicate important information. But it is one of the biggest hurdles that a tenant should undergo in absence of the landlord as he/she is out of reach. In that case, telephone calls and messages pave way for communication.

*Freedom and Friendship:

Some owners may not prefer the tenants to have a pet at home. But in case of absentee landlord one may like to have it. Ensure that it doesn’t cause any damage to the house. Parties or watching television may result in noises which therefore affect only the neighborhood.

Good relationship with your neighbors can prevent yourselves from complaining to your proprietor.

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The complaints accused on absentee landlord

*The only motive of the owner is to extract the economic value of the property through monthly rent and least bothered about the social welfare of the tenant who pays the rent.

*The outward flow of economic capital as he/she doesn’t reinvest in local region.

*Minimum relation towards the land and buildings as the proprietor stays far away

*Repair work is overlooked to avoid taxation.

*Generating legal problems.

The property management companies  help in finding the tenants, collecting monthly rent and solve issues like repair work in absence of the owner.

DC Fawcett Views On Emerging Trends In Commercial Real Estate

DC Fawcett Real Estate-Emerging-Trends-In-Commercial-Real-Estate

Commercial real estate has a prominent significance in today’s marketing world and DC Fawcett Reviews the emerging technology trends in commercial real estate (CRE).

  • Impact in CRE

The CRE professionals used Excel which contained all the database a decade now  have now transformed into automated systems consisting email ,accounting and other necessities in a sophisticated manner. These trends are used in startups and the impact is reflected on big data, smart cities and process automation.

Property management companies play a vital role as everything can be tracked down by the authorities and investors can make request on purchasing a property online and they can find the ongoing net operating income. These companies manage multi storey buildings and properties

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  • Market place

Market place lending ]has emerged more than residential real estate, as they are the main source of income for all commercial real estate ventures in different ways like crowd funding.

  • Big data analytics

Big data analytics has been a transforming force in each and every industry which has reduced man labor and has created a platform for CRE professionals to analyze the statistics in depth.

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  • Alternate methods of investing

Crowd funding has emerged to be new trend in CRE. The MLS listing information available to genuine realtors has paved way for quick search of properties online.

  • Evolution of 3D

Though 3D came into existence decade ago, it is emerging as 3d models can be used by real estate professionals to show to the buyers for better visualization.

  • Post-transaction service is very essential and helpful for real estate professionals as it improves their value and building a rapport with real estate agents post transaction is beneficial.
  • Virtual reality

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As we live in a fast paced world, many landlords don’t have time to show the property in person and may also consider hiring a real estate agent is costly.

At that point of time, virtual tour helps where you can show the properties online to the buyers who are interested in the property. This will save time as well as helps in eliminating the properties easily when you have multiple properties to look through.

  • IOT has helped the retailers to monitor real-time activities; this will help the investors to make his movie accordingly while making an investment. With the help of internet we are able to achieve everything mobile.
  • Artificial intelligence (AI) has helped the CRE professionals in structuring data and information of non closure, lease and other legal agreements.

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It is important to cut an edge among other investors through different emerging ways of investing to stay in the race as well as earn quickly.

  • Commercial real estate scam happens mostly in form of misappropriation of funds means that when a person uses the money he obtained from loan to an unapproved project.
  • Advance fee scam is very common when a con artist approach you when you are struggling to finish the legal procedures of a new property, he gets so called “advance fees” from you stating he will assist you in completing the legal work, but he won’t.

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Conclusion:

DC Fawcett virtual real estate investing club has a blog which talks more about absentee landlordism, so tenants who are in need of more solutions can read the blog to tackle the tough situations.

DC Fawcett, a real estate professional has started virtual real estate investing club so that investors can get an idea about it. Entrepreneurs who are interested in real estate can make use of these blogs which will also help you out to stay scam free. The aspiring entrepreneurs can make use of DC Fawcett virtual wholesaling methods as it involves no risk and cash.

 

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Dc Fawcett Real Estate – How to perform CD Laddering?

Introduction

How to perform CD Laddering?

CD (certificate of deposit) laddering has not lost its importance in the real estate market. It has few significant advantages. We witnessed a huge dip in the rate of CD’s over the years which have made the investors to look out for other investing options. Dc Fawcett Real estate  advises the investors to keep investing on CD’s and drastic decline in the prices will not have an immediate effect in your investment. One of the traditional methods of saving money which has not lost its value is CD laddering; let’s discuss the benefits in the article.

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Dc Fawcett – How to use CD’s?

CD’s are also known as term shares or term certificates offered by bank or credit unions. The money is locked for a particular timeframe assigned by the investor. The amount can be renewed once it matures for the ongoing rate of interest. Early withdrawals can be performed with respect to forfeiture.  Longer the term period, better the rate of interest. The time period differs from 3 months to 5 years. One year offers 1 percent APY (annual percentage yield) and 5 year term offers 3 percent insured by FDIC. The interest is compounded monthly or quarterly when investors choose longer term.

Benefits of a CD ladder

The investor is having full liberty to choose the time period which varies from 18 months to 30 months. The investors yield returns according to the time period of the investment. If the time period is more, the returns will be considerably high.  The amount to be invested is divided into equal parts with different maturity dates. The interest rate is decreased and investor‘s re-investment risks is declined.

The principal amount and interest are the most important factors of this strategy.  This technique will help the investors to get a steady cash flow because of the different maturity dates. Laddering doesn’t lie in any particular category, it is very liquid when you opt for short –term and illiquid if you opt for long term-CD. This method helps the investor to do frequent re-investment, whenever the CD matures; he /she can re-invest for another term.

This technique assures there would be no fraudulent or suspicious activity records, it is almost scam free. Real estate investor’s earn potential returns and it can be maximized depending on the frequency of the CD. It offers more benefits than a money market account; the insured nature of the CD ladder makes every investor feel secure. There is no restriction in frequency and quantity of a CD ladder, though you need to qualify for a minimum deposit. The risk can be prevented by choosing the ladder length appropriately. Assign different maturity dates so whenever rates decline, there won’t be huge impact.

The short ladders are more beneficial than long CD ladders. Longer ladders are considered to be aggressive because longer maturities have greater risk when the interest rates rise.  From this review, we find that CD laddering is one of the safest ways to invest money for a long term.

Conclusion

DC Fawcett has thrown light on how to use CD’s and its benefits in his previous articles, you can find them in DC Fawcett virtual real estate investing club.  

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Dc Fawcett Reviews – The real estate equation between the real estate investor and the financial planner

Introduction

The real estate equation between the real estate investor and the financial planner

Why a real estate investor needs a financial planner?

The new investors cannot manage funds on their own; they need a financial planner to help them out. Money is everything, it is considered to be a decision king because an investor is happy if he makes profit out of an investment and he is depressed when he faces a financial crisis.We have already seen how to hire a financial adviser, you can check it out in DC Fawcett Reviews on Virtual real estate investing club.

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DC Fawcett reviews is about when and why you need a financial adviser.

  • The adviser’s opinions play a major role whenever you are involved in a home sale or buying process.

  • For newly married couples, you may not have an idea how to start a joint account in a bank or how to start a new account, nomination filing and tax benefits. The rate of interest is one of the major factors to be considered and the adviser will help in selecting the best bank for you.

  • For first-time home-buyers and sellers, you are absolutely clueless about the process. The adviser will assist you throughout the process and you are requested to follow his guidelines strictly. Hire a reputed adviser to prevent from

  • Entrepreneurs or freelancers who switch over from a regular job and take up real estate as their career can seek the help of an adviser.

  • The adviser can solve any disputes regarding tax for whomsoever it may concern.

  • To start a new business, you need to follow certain guidelines. Commercial and retail real estate guidelines differ from residential property guidelines. When you raise your first child, there may be lots of doubts and you need to start allocating funds for their education as well as for your retirement. These can be planned systematically with the help of financial planner.

  • The advisers will send a periodic report after monitoring your activities regularly and gives his review on how funds are to be managed efficiently, when taxes are to be paid. He reminds you with all the deadlines for paying taxes and debts, so that you improve your credit score.

  • The planners help you in diversifying the portfolio and also suggest how the portfolio can be improved further. The investment policy differs from each organization. Learn the return on investment policy of every firm.

  • They help you in setting financial goals and how to achieve them early.

  • For investors belonging to high income community, the tax amount is generally exorbitantly high. You need to know how much tax should be paid and when it should be paid. Financial planners systematically calculate and give you the result.

  • They help you selecting the appropriate mortgage plan to suit your financial status and prevent you from getting foreclosure.

  • Self-employed people will have different queries; it can be answered as well by the financial advisers. Planners can help you out in how to get ownership and title insurance legally.

  • High-net-worth investors have a different set of problems and unique set of financial issues. They need to manage enormous amount of funds and enumerable accounts. Planners will help in sorting out them and provide guidance on tax-paying strategies.

  • There can be issues while availing home loans and student loans which differ from each person. Those doubts can be cleared by the advisers.

  • These planners will help the investors in setting the right priorities and mention the expenses to be curtailed in case you are having a low credit.

 Real estate connect :

You need to choose the right property, appropriate mortgage plan that suits your financial needs. You need to know the saving strategies and adviser can pour his ideas on the same. You need an instant help when you are stuck on what to choose, like a condo or a town home. You need to know which property will appreciate in time and when to invest. These queries can be solved by financial advisers and planners.

What is the difference between financial planner and financial adviser?

An adviser just gives his thoughts when you approach him for any issue. An adviser is not a broker or an agent, so check out what are the attributes to hire an adviser in the corresponding article in virtual real estate investing club owned by DC Fawcett. The planners are certified with CFP (Certified financial planner) and certified accountants helps the investors in solving tax related issues.

How much an adviser costs?

The adviser usually charges on hourly basis, it varies from 150 to 200 dollars per hour. It depends on the adviser’s experience as well. The more the adviser is experienced, the more he charges. CFP‘s work is based on the commission and they are ought to be paid for specific products like insurance, annuity. They are not recommended for most of the times as they are expensive.

Dc Fawcett complaints about the fee-only advisers who don’t have any regulation on their fee and just charges based on the time spent on managing your finances.

There are fraudsters among the planners, so investigate properly to avoid scam. Scammers, who pretend as planners charge a heavy fee, act like scrutinizing your documents; once they obtain the necessary information they leave the place immediately. The first question they ask is about your income rather than your problem, so the money minded people must be avoided and mostly they will not be a reputed planner. To check whether he is reliable or not, enquire how the commission is charged i.e. on what basis and then hire.

A good financial planner will lessen your burden and help you in taking better financial decisions. Stay peaceful and make right choices when you purchase or sell your property.

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Dc Fawcett Real Estate – How credit bureaus support lenders?

Introduction

How credit bureaus support lenders?

Dc Fawcett Real Estate talks about how credit bureaus work and how the information serves the lenders and how fraudsters misuse the piece of information in this article.

As we know, credit bureaus are powerhouse of information about millions of investors which is sold to the lenders and interested borrowers. The lenders generally look the investor’s borrowing history before lending them loan; it is to check whether the investor has made any payment default in the past. The credit bureaus help out in providing the information. The credit score is the outcome of your borrowing history. The detailed description of the raw data forms the credit report.  They are not concerned about the loan approval. The information is gathered from various sources but they make sure it is authentic.

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The investors who have borrowed in the past would be quite popular in the credit bureaus as the lenders would have passed the information about the loan. Try to work with such lenders so that you are familiar in credit bureaus and applying for a loan will be easier.

Credit reporting system is managed by

  • Consumers
  • credit bureaus
  • financial companies

Personal information is the only way to distinguish the different investors; it is also one of the ways to stop identity theft scam.  The lenders will send e-mails if they are any attractive offers to these investors and make them as prospective buyers.

The investor’s name, address, Social Security Number, date of birth, residential address, employment details of the investor (it will have a history which comprises of all the information where you are working and where you have worked in the past as well). Scammers misuse this information by pretending themselves as lenders and get the details from credit bureaus.

The public records are collected through the credit reporting companies and judgement is based on the investor’s financial overview. It checks whether investor have been through any situations like bankruptcy, tax liens, foreclosure. They also record how many people have enquired about your credit score.

Investors can browse DC Fawcett Virtual real estate investing club to learn some strategies on how to prevent from   identity theft scam.

The most important information is trade lines which are otherwise called as loan information. An elaborate description of the loan is obtained like the type of the loan, name of the creditor, date and time, balance amount, outstanding dues, deadlines.

How the credit score is calculated?

Investor’s payment history, the debt paid and unpaid, how long credit accounts are maintained, what are the other accounts managed by him, inquiries.

What do the credit bureaus track but will not reveal?

From the lender’s perspective, those who change their jobs and residence often are due to payment defaults and states that they are economically unstable. If the investor doesn’t want to reveal the loan details, the lender restrains from informing the credit bureau.

Thus credit bureaus help the lenders in the above mentioned way and every investor should know the importance of credit report.