Jim Pope's Homes Blog
Hey I'm Jim and I write a series of blogs about almost every subject under the sun. Today we are going to take a look at the Home & Housing. Its a good place to start a blog as its close to everyones heart. I have posted some interested articles that I think you may like to read. ENJOY......
Sunday 23 September 2012
Manufactured Home with 8.59 Acres of Land and RV Parking. Rent to Own. No Banks
Buying Your Home Is Smarter Than Renting..
When you truly understand the long term benefits of making the decision to buy instead of just renting, you'll agree that buying your next home, Rent-to-Own is the right choice. Yes, it is true that there are up-front costs with buying a home,
Rent-to-Own that you won't have when you rent only. But when you buy, each and everyone of your payments are going towards one of the best investments you'll ever make. The main reason is because you will have paid down your remaining balance which will build equity for you--not to mention that your home will most likely appreciate at the same time.
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Here's information About Our Featured Property in Hemet, California.
Its a manufactured home with 4 Bedrooms, 2 bathrooms, 1344 square feet, 8.59 acres of land, and room for RV parking.
You can learn more by CLICKING HERE.
This home is a "Rent to Own" home, so there are no banks to qualify with, no perfect credit requirements, and no huge down payments needed.
The monthly payments are just $2,000 per month.
The securtiy deposit is just $2,000 (refundable)
The Option fee is $5,000 and it will apply to the purchase price.
The total amount needed to own this home is $9,000.
You can learn more by CLICKING HERE.
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What it Cost to Move In
When you buy, Rent-to-Own, you'll only need a small down payment, your first month's rent, and a refundable security deposit to move in. Though your upfront fees will be slightly higher, you will eventually get paid back in full and much, much more as your home appreciates and you build equity.
Equity from Paying Down Your Mortgage & Equity from Appreciation
Equity is the difference in the amount of your home that you own, versus the amount that you still owe. Once you've made all your payments, and your home is completely paid off, the value of your home at that time, will be in fact, your equity. A sort of forced savings account that is tied to your home.
While you are paying down your home, your home, may very well be appreciating at the same time. This is when the value of your home is increasing without necessarily paying your home down each month, simply because the market values of homes just like yours, is increasing. So while it may have cost more money to move in the home initially, you actually come out on top in two different ways, over time.
When you just rent, you earn zero equity and zero appreciation, either by making your monthly payments, or by the home's value increasing due to positive shifts in the market. But your landlord WILL benenfit from your payments, as their mortgage will be paid down (by you), and their home WiILL most likely appreciating over time.
Their net worth will continue to increase each month as YOU pay down THEIR mortgage for them. They will, in essence, be making more and more money each month, and each year, from doing nothing more than collecting a check from YOU. Its not that your landlord is doing anything wrong. Its just that they've wisely positioned themselves to earn a passive income over time.
When you buy your home, versus renting, you position yourself to do the same. A smart choice...Eventually, you will have enough equity in your home to turn around and invest that money elsewhere. Maybe even in real estate, so you can build your own wealth and passive income!
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Here's information About Our Featured Property in Hemet, California.
Its a manufactured home with 4 Bedrooms, 2 bathrooms, 1344 square feet, 8.59 acres of land, and room for RV parking.
You can learn more by CLICKING HERE.
This home is a "Rent to Own" home, so there are no banks to qualify with, no perfect credit requirements, and no huge down payments needed.
The monthly payments are just $2,000 per month.
The securtiy deposit is just $2,000 (refundable)
The Option fee is $5,000 and it will apply to the purchase price.
The total amount needed to own this home is $9,000.
You can learn more by CLICKING HERE.
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How to Deal with Credit
Problems: Foreclosure. Short Sale. Bankruptcy.If you're like most Americans, you feel its impossible for you to own your own home and that renting is your only option. You may have foreclosed or have done a short sale on your home, or even filed for chapter 7 or 13 bankruptcy.
Renting may appear to be the best move for you to make, at the moment, until a couple of years have passed, and your credit is better. You may feel that its hard enough to rent with bad credit, much less buy. And you may feel that there are simply no sellers that will approve you to buy their home with such a spotty credit record.
That's simply NOT true...
In fact, there are literally thousands of home owners who would love for you to take over their payments and buy their home right now. And since they are not a banking institution, they're not gong to put you through the extensive qualification process that a bank would. In fact, you may never even be asked for a credit report. Just that you can show that you can make your payments on time each month and that you are in a better financial position than before.
No banks. No loans. No qualifying...
With the market the way it is, and the fact that there are so many foreclosures happening on a weekly basis, sellers cannot be as picky as they once were. That's good for you, because it gives you a strong negotiation position, even if you're credit is weak.
Since documentation beats conversation, all you need to do is show you can pay on time and that you are no longer a financial risk to your future landlord/seller.It really is that simple.You just have to know how to find these great deals and sellers who are motivated (not foreclosing - just motivated) to sell their home to you. If you know how to negotiate, you can get a beautiful home, in a great neighborhood, and for a price you can easily afford.
Fortunately for you, we've done all of the work for you. We already have a wide selection of homes for you to choose from, and these sellers have agreed to work with poor credit.No need for negotiating or begging any seller to let you buy their home, Rent-to-Own, and overlook your credit problems. We've already done all of the difficult and time consuming negotiation for you.
Credit Repair: How to Fix Your Credit in 37 Days or Less
Its no secret that milliions of Americans have credit problems these days. From foreclosures to short sales, to bankruptcy, and everything in between, more and more people are finding themselves owing more and more money with
no end in sight.Did you know that by exceeding 50% of your credit limit on a credit card can drop your FICO score up to 35%?
Its true...
You could have been paying on time for years, but have your score drop dramatically just because you exceed your credit limit just slightly over 50%. Example: Your credit limit is $1000. You owe $501.
That $1 overage (over the 50% mark) just dropped your credit score up to 35%. The good news is you can reverse this by paying down your balance by a couple of dollars so you'll be under the 50% threshhold.There are even more tricks and tips you can use to rebuild and repair your credit. And you can do it way faster than you've been told. You just have to know exactly what to do and who to listen to.
Yes, there really are simply and VERY effective ways to rebuild your credit WITHOUT having to pay thousands of dollars to a credit repair company or wait months and months to see results. You can literslly repair your credit in 37 days or less anddo it for less than a tank of gas.Fix Your Credit Here in 37 Days or Less.
Saturday 22 September 2012
Great Vacations In Spectacular Spots In Homes Rented Out By Owners
Whenever anyone wants to get away from it all with the family, they often do not want the usual hotel style getaway since this usually means the same old rooms at the same old resorts. These days though, people are opting to go for an Orange County vacation rental to add some spice to the occasion. A Diamond Head vacation rental is also available so there is plenty of choice for those who want to give this a try.
These properties are primarily second homes to those people who get a way for a month or two every year. Some clever soul realized that this was wasted income and set up companies to manage the properties. Not only do the owners now have a second income stream, the houses are lived in throughout the year and they are maintained to the highest standards too. In fact, an empty house will certainly deteriorate much faster than one which has people in and out of it. Any kind of running repairs will certainly be done as soon as anything is spotted so this also a great way of stopping any repair being left for too long.
In the houses, the decor is just superb. Fully furnished master bedrooms with two full size beds, bathrooms fully equipped with soft, quality towels and all the toiletries that are needed also add that touch of class to the place. Recreations rooms with wonderful state of the art entertainment centers and a full service to the internet are also de rigueur for these places. Some of the houses have their own private pools too with deck space for the family to just kick back. However, since these places are usually family homes, there is sometimes a country club in the vicinity too for those times when people want to go out for dinner or just chat with others who live in the same area.
Some of these places are palatial for sure and will sleep up to eighteen people. This means that these could be used for small wedding parties or such and the extended family can come along to enjoy seeing somewhere else withou t having to be concerned about hotels and working out rooming lists etc. In some places there is also a concierge available so that families do not have to struggle to find out what is going on in the local area too and they normally have a full list of whatever is going on around and about. There is usually something interesting to see and do since these beautiful homes are built in some of the most stunning settings on earth.
From Hawaii to Arizona there is something for just about everyone and there are even some in Mexico too. In fact, it is well worth looking around the internet to see where this kind of scheme exists. Some of them do not come cheap, but for those who are taking the whole family with them there are also some special offers going on in off-peak times. This is a great way to taste some luxury while saving some dollars too.
Holiday Homes - Renting Gives Freedom for Adventure
Taking a holiday in the UK is becoming more and more popular with British holiday makers, let's face it airplane travel is not the cheapest these days and the euro is not as much to the pound as it used to be. Popular areas of the UK are Cornwall and Edinburgh, Cornwall is more popular for those who wish to go away for a relaxing weekend away in a luxurious cottage or a break to go walking in the countryside, with a fantastic range of accommodation available, the choice of accommodation is unbeatable. Whereas Edinburgh is more for those who want to go away for a city break, adventures and visiting popular attractions. The Edinburgh Castle is a popular tourist attraction, with over 1.25m visitors every year, so why not take a nice short break with your partner to visit this.
Choosing a holiday home is much more beneficial than a hotel; you can come and go as you please with more freedom. Also, there are no restrictions on when you have to check in or what time you have to be back to your room at night. The one disadvantage of staying in a holiday home rather than a hotel would be keeping the place tidy after you, cleaning up after you whereas if you was staying in a hotel there would be maids coming in the room every other day to do it for you. However, if you like to do things your way then a holiday home may be a better idea for you.
Another advantage of staying in a holiday home is you don't have to pay for individual rooms, you are charged an overall rate for the time that you stay. This is great for if you are going with a large group of friends or family, meaning you can cut the cost between you which could result in being cheaper for you.
Friday 21 September 2012
St. George Island Vacation Homes: Renting A House Instead of Hotels
There are many good points that a vacation rental home offers for vacationers. It may definitely be the most sensible option for your the next getaway with your family. If you're not persuaded yet why you should be renting a St. George Island vacation home, you should look at the following reasons:
Get more space. Do you want to stay in a small hotel room? It's a place where restricted movements should be the only choice since you don't have room enough to move around.
Some St. George Island vacation homes can have room for as many as 24 people. A plantation house particularly holds 8 bedrooms such as the Heaven's Gate house. If you are bringing kids, it's natural for them to need plenty of room to move around.
Prepare home-made meals- Would you think you can quit your cooking only because you are on vacation? You can make your money last longer. It's really great to have your favorite meals present in an island vacation, fixed right at the kitchen of your vacation rental home.
When you are a big family, restaurant eating may be expensive for your budget. Eat sumptuous meals while saving. You can shop for fresh produce at the market of St. George Island!
Pay cheaper rent- If you are to stay in hotels, of course, you have to pay more. Aside from being small in space, it's more expensive than property rentals in St. George Island. You can save more when you are renting a whole house for a week's stay. More savings mean, more money to spend on important things like food and transportation expenses while on vacation.
When you need guidance from the rental experts, just call St. George Island Vacation Properties at 850-927-4750.
Just Like Home: Renting Your House Out to Vacationers
If you are one of those who are fortunate enough to own a home in a desirable vacation destination, the thought of renting out your home for the holidays would surely have crossed your mind more than once. The only thing holding you back is the fact that you have no idea how to go about it!
The first matter of concern that needs to be cleared up when you intend to rent your house out as a vacation home is how often you intend to rent it out. This is because different taxation rules apply to different periods of tenant and owner occupancy. To begin with, if you stay in your home more than 14 days a year while renting it out less than 15 days a year, the house is considered a personal residence and you need not declare the income you make from renting out the house.
If you use and rent out the house more often than the periods stated earlier, the residence is still considered a personal one. However, interest and property taxes for personal and rental use need to be clearly allocated in order for the appropriate tax deductions to be made. If you use the home for less than 21 days while renting it out for the rest of the year, it is then considered a rental property and is taxed accordingly.
Once you have sorted out the tax issues comes the fun part: making sure your house is a desirable vacation home! Showing off your property in its best light is of paramount importance if you want to attract paying guests. Exterior pictures should be taken in a flattering light that highlights the location and holiday season. For interior shots, make sure the rooms are clean, tidy and uncluttered.
Clear away clutter and valuable items when preparing for guests to keep your possessions safe and in one piece. Consider, too, stocking up on a good selection of indoor games in the event of inclement weather. Keeping personal care products on hand in your vacation home are nice touches that will make guests feel welcome.
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Thursday 20 September 2012
Real Estate - Stop Wasting Money On Rent, and Buy Home Rent To Own About Basis
With the current market in Michigan is from Kalamazoo MI Real Estate lot to sell.
Kalamazoo unusual name has been featured in songs, movies and even opera. T-shirts with the slogan "Yes, there really is a Kalamazoo!" are sold to street corners. If you are interested in Kalamazoo real estate, you may already know about the shirt and the songs, but our goal is to provide useful information about buying a home (even if you have credit problems) and sales (especially if you have trouble finding a buyer).
Of Kalamazoo
River City is named. The word is believed to originate with the Potawatomi or Odawa natives, who have traditionally inhabited the area. Historically, it was a fur trading center. Most recently, she won the "Mall City" nickname, the Kalamazoo MI real estate investors in the U.S. designed the first shopping center, the 1959th
Educational opportunities for the main attraction for newcomers, developers, and parents of school -age children. This is a Western Michigan University, Kalamazoo College, Kalamazoo Valley Community College and Davenport University at home. On the Kalamazoo Promise, every student who attends Kalamazoo public schools grades K-12 students and graduates from high school with a C average or better to have 100 percent of his tuition paid to attend any of Michigan's public colleges or universities. The percentage paid 65-95% of students who transfer to Kalamazoo Public Schools, depending on the number of years involved.
Early indicators show that the Promise "has resulted in the increase in asking prices Kalamazoo real estate, especially in the areas surrounding the public schools.
Current Kalamazoo MI Real Estate Market
Kalamazoo, real estate properties include 22 different areas, covering about 24 square miles. According to the MLS listings were 1,546 properties available in 2007 January. There were an additional 500 homes FSBO listings and another 323 accredited. If you are a buyer, you have many choices.
The average price for Kalamazoo MI real estate ranges from $ 125 to $ 135,000. Foreclosures and abandoned properties are selling for lower prices. The National Association of Realtors reported that the market could be stabilizing, according to a key known as Sale Pending Home Index, but they will not be sure until later this year. HSBC, one of the largest banks in the world, hopes the market stabilizes. They blame the decline in profits last year has "not home loans" or foreclosures.
Sold for a disappointed
If you are having trouble selling Kalamazoo real estate, we can help. We have an experienced r eal estate investors in Michigan. If you want to work in conditions that meet or lease option agreement, we can find a buyer for your property, fast.
Lease option is a simple agreement between a potential buyer for you home. We can find out the details and handle the negotiations. This option is becoming increasingly popular in Michigan. Housing is paid by employers or have to move for other reasons and the market is slow. They sometimes end up with two mortgages, as they wait for a buyer. With a lease option agreement, a mortgage is paid, giving the owner some breathing room and perhaps to prevent foreclosure.
Buying Kalamazoo MI Real Estate
Maybe you're having trouble buying Kalamazoo MI Real Estate. Country's economic struggles and cut production and support industries have different financial problems. Many people have been unemployed for a while. And whether or not a regular paycheck arrives, the account will come at regular intervals. E ven a few late payments on credit cards can negatively affect an individual's credit score. If this sounds like your story, then you are not alone.
It may be best to avoid these "high risk" loan offers. They often end closed. Lease Option Plan (also known as rent the same) is a better place to start rebuilding and repairing damage to their credit. If you currently rent, then much of your hard-earned money going down the drain. Yes, you have a place to live, but you do not invest in your future. With a lease option Kalamazoo real estate, you can be.
Learn how we can help you buy your house rent and start building equity instead of a rich owner.
Dan Ho is a real estate investor in Michigan. Visit the Kalamazoo real estate [http://www.buy-sell-michigan-real-estate.com/rent-to-own-home-in-michigan.html] To learn more about the advantages of hiring their own (lease option) for buyers and sellers.
Buy Home Rent to Own During Purchase Option
One of the best ways to buy real estate at a rate that does not get affected by market trends, Rent to own.
What is the rent to own?
Rent to Own is a situation where you agree to buy property in the future, based on the specific value of the agreement, and while you are living on property leases. Other terms used to refer to this form of purchase agreement for the lease to own or lease with option to purchase
What is a Rent to Own is an agreement
Rent to Own is composed of two parts. One section details the next chapter, and hire is an option to buy.
Rental section specifies functions, such as lease amount, lease period, the amount has been paid, and so on. In addition to the purchase section, you can see the information about the availability of real property at a specified time in the near future prices.
What aspect you need to know about Rent to Own contract?
Rent to Own without an agreement, t he three factors will be applied. This is a rent, lease options and tax credits.
Rent a premium amount to be paid to the property donated. This amount is slightly more than renting. Another thing that goes towards the payment of a fee option. However, you should note that the option fee is not refundable to you if you decide at the last moment, that you do not want the property. Rent credit of rental payments, which also contributed to the payment part. This added to the seller down payment every month.
Advantage Rent to Own
There are many benefits of leasing to their positions in both the buyer and the seller.
As a buyer, you gain as market value changes will not affect the price you pay for the property. So, if prices rise, you do not have to pay more, just the amount that was included in the contract.
You make the contribution payments during the lease payments, option fees and rent credit, which reduces the total amount that you have to pay at the time of purchase. This is a real benefit to you when the due date comes.
Finally, if at the last moment, you can choose not to buy a property, you are free to do so. There is no binding option to purchase. While all of the money paid toward the down payment in such situations becomes a loss, you can still get rid of the acquisition, does not feel right "last minute" as well.
Vendor value having someone take care of their property very well, because they are the owners of property in the future. The seller receives the money not only for the value of the home, but also in the form of rent, which is an additional source of money before the actual purchase occurs. If the buyer decides to buy property in the end, money, a choice of a tax on lease payments shall not be returned.
At the other side of the coin can
As someone entering the lease to own agreement, you should be aware of another side to this situation. As a buyer you will lose your rent and option fees should you decide to withdraw fro m the purchase date. If the seller should be poking at market prices high, they would be losing end, as the price for their property would be significantly lower.