Dc Fawcett Real Estate – How to Safeguard Against Hazards in Real Estate

How to Safeguard Against Hazards in Real Estate

The real estate profession is associated with certain risks. To get a deeper insight into this, read Dc Fawcett’s article on risky situations in the real estate profession. In this article, Dc Fawcett writes a review on how to safeguard against hazards in real estate.

Tips for meeting first time clients

Sometimes first time clients may be thieves and criminals. So, you should always meet them at your office and ask them to bring their identity card. Verify the validity of the identity cards and photocopy them. Ask them to fill in forms. This is to ensure customer identification. Get their signatures on the forms. Then, introduce them to colleagues. All this should be done for safety purposes lest the customer turns out to be a fraud.

Safety tips for open houses

Open houses are dangerous since the agent has advertised about it. They may have unknown people, stalkers, thieves, criminals and other trouble makers coming inside the house. So, some safety tips for open houses include

  • Don’t conduct an open house alone. Two at a time will mean less trouble making.
  • Conceal cash and other valuable items also.
  • When someone walks in ask for their names and also some identification proofs. People who cannot provide you with false names are less harmful.
  • Trust your instincts. You will know when things are not going right.
  • Inform your colleagues, relatives and friends about the open house. Even better ask them to be present during the open house. If they cannot stay through the entire thing, ask them to be present in the beginning and towards the end.

Safety tips for foreclosed homes

When you enter foreclosed homes, it is unsafe to enter alone. Enter with friends, relatives or co-workers. Don’t pick up fight with trespassers. When you see a trespasser, alert the law enforcement authorities or the police immediately. Don’t visit homes at night. It is safe to do it during the day time. Always inform your colleagues, relatives and friends where you are going, where you are, whom you are with and when you will come back.

Provocative or shock marketing

Some realtors use this to target clients. With this, they can use advertisements which violate normal standards to attract their clients. But this is not really necessary in real estate and it is generally used while marketing for casinos, contraceptives, wine, undergarments, Aids and so on. But when realtors do this, they become a target themselves. So, safety tips for these include

  • Don’t use shock marketing
  • You have to be extra cautious while using provocative marketing since criminals go through such agent’s profiles and hack their bank lockers, accounts and other personal information. They may also target valuables and other items such as furniture, properties in the realtor’s house and cash.

Conclusion

This is a review written by Dc Fawcett on tips for safeguarding against risks in the real estate profession. All sellers, buyers, agents and others related to the real estate profession must read this.

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Dc Fawcett Reviews – The Disadvantages Of Mobile Homes

Mobile homes are homes which are built together and installed on a chassis before they are transported to the site. Nowadays, mobile homes are like manufactured homes and are not continually mobile. They stay in the same place once they are fixed on land space.(Pros of Mobile Homes) Mobile homes reduce cost of buying and maintenance while they offer attractive options for recreation. Yet they have their share of disadvantages. In this article, Dc Fawcett reviews, a real estate investor and speaker reviews the cons of mobile homes.

The Disadvantages Of Mobile Homes-dc fawcett

Mobile homes have undesirable heating and cooling levels

Trailer mobile homes often have narrow structures and thus little space. They become too hot in the summer and too cold in the winter. They lack ventilation. Their buyers have to shell out money to make modifications to correct these issues.

Mobile homes are constructed with low quality materials

Very cheap mobile homes are so because they are built from down quality materials. They lead to stuffy summers and bitterly cold winters.

Mobile homes on leased land depreciates

While mobile homes on owned land and on parks which have ponds, lakes and other beautiful views in close proximity to them tend to appreciate in value, other mobile homes tend to depreciate. This in turn leads to loss of money for the home owners. Also, mobile homes are difficult to sell compared to traditionally built homes.

Difficult to obtain loan

Because of depreciation and hazards in selling, lenders don’t give loans for mobile homes easily. They also charge high interest rates on giving the loan.

Conclusion

These are some of the absolute disadvantages of mobile homes as reviewed by Dc Fawcett.

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Dc Fawcett Reviews – Analyzes Mobile Homes And Their Advantages

Mobile Homes And Their Advantages

Before the late 1970s, mobile homes were assembled together and were moved from one place to another on wheels or in other convenient ways. But, now they are constructed together and fixed on land space. They cannot be moved around constantly after that. In this article, Dc Fawcett analyzes the pros of mobile homes.

Flexibility

Mobile homes can be installed on either your owned land or on rented spaces. Rented spaces for mobile homes are often those with magnificent views like lakes, ponds and trees. You can even go in for second hand mobile homes. You can do desired changes to the home. You can add fresh paint, counter tops or wall pieces. You can position mobile homes and later remove them when needed although they are not  continually mobile. There are semi-permanent mobile homes called as double wide homes. Mobile homes thus offer pleasure and versatility.

Costs associated with mobile homes

When you buy mobile homes, you don’t have to shell out as much money as you do for permanent homes. They demand lesser down payment. If the land is yours, you will pay lower property taxes else the taxes get adjusted as part of the maintenance expenses.  You get a cut in the maintenance fee too. You don’t have to pay for plumbing, gas lines and sewage. The cost of heating and cooling your mobile home is less due to smaller space. Thus overall expenses are more economical.

They can be constantly upgraded

You can continually improve mobile homes to the in-the-trend standards. They are built under controlled circumstances and do not require postponement in building.

Mobile parks

These offer entertainment and vacation spots. They come in close proximities to ponds and lakes. Such mobile parks are often a home to retirement communities. People with same interests, age group and tastes enjoy their life here. They socialize well.  Such communities offer home theaters, swimming pools, walking spaces and so on.

Eco-friendly

Mobile homes are environment friendly. They can be built with materials which emit less carbon and other toxic substances. Nowadays, you can find top class construction materials for mobile homes.

Appreciation

Although mobile homes on parks sometimes go down in value, with more facilities to commute and in specific mobile parks around ponds and lakes, they tend to appreciate. Also, mobile homes on owned land inflate. Mobile homes which contain 2 units connected together generally tend to appreciate.

Help in building equity

Since mobile homes are not as costly as permanent homes, the savings from mobile homes can be used to buy less expensive homes. This way, you can build up on your home equity and own more homes.

Conclusion

Thus from this analysis by Dc Fawcett, mobile homes come with a host of advantages. They are attractive options for young people who want to incur less advance fees, maintenance and remodeling costs. They are highly flexible in terms of installing. They offer great entertainment amenities and market your home successfully . Thus mobile homes offer unique perks.

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DC Fawcett Real Estate – The Questions To Put Forth While Purchasing A House

The-Questions-To-Put-Forth-While-Purchasing-A-House

Introduction

You may be having various questions in your mind regarding purchasing a house. Here then, the realty agent is supposed to tell the situation as it is. For this you have to put forth the appropriate questions.

The markets will not remain the same. Sometimes it may be in favor of the seller; sometimes in favor of the buyer. According  to DC Fawcett It’s better to pose questions to your agent so that you gain knowledge about the nature of market.

Now let’s see some of the questions that the home purchasers should ask at the outset of purchasing the home.

  • You can ask questions about the offering price. You can ask about the span the property has been in the market, the amount the seller paid, the outstanding amount of the seller etc.

  • It is also good to explore about the condition of the property prior to buying. This includes the nature of foundation, the presence of insulation in the walls of the property etc.

  • The world of real estate revolves around location and it goes without saying that homes in nice areas have more value. You can also know about the demographics in the vicinity, the type of houses in the neighborhood, the location of the schools etc.

These are some of the questions that you can specifically ask to the professional agent.

  • You can ask the reason for the owner’s act of selling the property. It may be that the owner has some work in abroad and they have to leave the place for that.

  • When you have some doubts, you can ask the neighbors too so that you would be in a better position to know even the negative factors.

  • You can ask about the elements that the sale encompasses. This may include asking questions like the inclusion of garden shed.

  • When you come to know that the owners are shifting from the property after a short span you can know the reason.

  • You can also ask the agent regarding their prolific nature of their offers. When you know about the other offers you can easily cognize what sum you should give.

  • You can know the time when the sellers should relocate. It may happen that you have to wait because they didn’t find some other place to move in.

  • You can also find whether you can communicate with the sellers.

  • The availability of noisy neighbor is another important thing to be considered while purchasing a property.

  • You can ask the agent to elaborate on the Energy Performance Certificate.

The various online information centers may not provide you the correct estimate; it can only give a rough idea of value in your neighborhood. Agent CMA is another aspect wherein you get a comparative market analysis i.e it gives idea about the worth of your property.

Conclusion

One should remember that an online estimate cannot be an alternative for agent CMA. Also it cannot exactly take the place of an appraisal.

Dc Fawcett, the founder of the Virtual Real Estate Investing Club, has given a fair idea regarding these lingering questions about realty market scenario. You can get a clear idea by going through Dc Fawcett’s blogs and get an answer to your questions.

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Dc Fawcett Real Estate – Why Choosing Real Estate Investment Is A Lucrative Option

Why Choosing Real Estate Investment Is A Lucrative Option

There was the housing bubble a couple of years back.  As a result, many of the investors lost their investment money. Many felt that real estate is some scary prospect and hesitated to put money into the real estate.  As luck would have it, there were low prices and surprisingly lower interest rates.  So, going by the saying ‘Make hay while the Sun shines’, this is the suitable time to put investment in the real estate. DC Fawcett says  It is not the only criterion to be considered, but economy has had a boost.  This means that the price amounts and interest rates have already started to go for a steep hike.  And there is nothing to stop the growing trend.

Why investment in the Real Estate is the best option:

The financial crisis that happened of late created many chances for those who have affordability to invest in the real estate.  The large amount of foreclosures that occurred recently created a larger amount of pool for the renters.  This means that rental properties are the best viable investment.  It should be easier to get people to rent the property. This is due to the fact that many people are getting jobs, and disposing properties for a huge profit should become more viable.

Mortgage rates plummeting down

The rates of mortgages are at an astonishingly low price and this means that putting investment in properties would yield a huge return.  But still, rates have started to make a slow hike.  So, the condition is not in the favor for a longer time.  One should also consider the fact that real estate prices are presently plummeting down.  One has plenty of scope to invest in the present market if one does not wait for long.

Investing in short sales – making best use of it

Making investment in the short sales is also a viable chance at the juncture.  It is due to the fact that many people choose this over foreclosure.  Going for the purchase of short sales is a better opportunity than purchasing a property that has been foreclosed.  This is because there are huge possibilities for the property to be destroyed since it had been foreclosed.

Real estate investment – the choicest one

Anything might happen in the future, but investment in real estate is the choicest investment in the longer run.  The present real estate costs are more than the prices that existed thirty years ago, and acquiring residents makes the investment more profitable.

The fate of Investment Property Mortgage Rates:

Of late, the prediction is that the mortgage rates will have a steep hike in the next few years.  But it will not be every prominent.  As a matter of fact, even a small percent of hike in interest rates will cost huge amount of money for the investor.  This increase will happen slowly in course of time, and would not take any individual unawares.

The financial growth is happening not rapidly, and this means that rates of mortgages will not have a steep hike.  The only thing which would prevent the economic growth and increase in rates would be some war or fresh economic crunch in Europe.  Presently, the job scenario is also growing, and this in turn means that many people will be shifting residence and they will look for new residences or rentals. This caters to the needs of the investors.

Earning well as mortgage rates do not rise suddenly

Through the lower mortgage rates, the investors have plenty of alternatives to making profit.  The good news is that hike in mortgage rates happens slowly.  This means that real estate investors can make a huge amount of money in the near future.  As a matter of fact, the rates are increasing, and at the same time many people are looking for a residence or a rental.

The increase in profits may not be as high as the increase in rates, but the number of chances to have a huge profit will be huge in the future.

The final note

If you need a concrete idea regarding investment in real estate, the blogs by Dc Fawcett would come to your assistance.  It is to be noted that Dc Fawcett specializes in assisting people understand the present real estate scenario, and thus he helps people in growth of the real estate investing business.

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