I am making my Kindle format eBook: Land Contract Homes for Investors available for free download on Amazon for one more day. Today (March 10, 2013) you can click on the image of this book, and go to Amazon to download your free copy of this book today. This book covers the subject of Land Contract Homes from an investor perspective, and gives insight into how to make such an investment successful.
It is the companion book to the first book entitled: Understanding Land Contract Homes: In Pursuit of the American Dream which was released just before this one in December 2012. This first book covers the subject for both the buyer and seller, and make the subject understandable and offers a basic outline of a Land Contracts use and application.
If you choose to download your free copy of Land Contract Homes for Investors, I would ask that you also click on the ‘Like’ button near the book down load area to share this with others. Additionally, when you are done reading it if you will come back to this link and write an positive review that will help share this valuable information with others, I would greatly appreciate it.
Land Contracts have long been in use in our country as a form of seller financing, however, the potential to the investor has not been fully realized. This book seeks to open some doors of understanding on the potential of utilizing land contracts as a means to further ones investment portfolio, and at the same time help others enjoy the opportunities of home ownership. It is a book that not only discusses the investment potential in an easy to read format, it also discusses the details of the components of the contracts themselves, as well as how to screen a potential buyer, market and sell the homes.
The following article was provided by the National Association of Realtors®:
WASHINGTON (January 7, 2013) – Real estate-related searches on Google.com have grown 253 percent over the past four years, according to a joint study from the National Association of Realtors® and Google.
“These results parallel the trends shown in NAR’s economic research reports,” said NAR President Gary Thomas, broker-owner of Evergreen Realty in Villa Park, Calif. “As home sales and prices continue to trend up, more people are regaining confidence to invest in their future through homeownership.”
NAR and Google that examines the connection between consumer Internet use and online home search and shopping patterns. The study leverages NAR’s custom research and Google’s proprietary and third-party research. Google collaborated with Compete in 2011 and 2012 to survey and analyze the behaviors of people in the market for new and existing homes. That research focused on people who had completed an online “conversion”– taking the next step of contacting an agent or requesting additional information from a real estate brand’s website.
According to the analysis, buyers used specific online tools at different points during their home search process. Buyers tend to rely on search engines and general websites when they begin their search, use maps more in the middle of the process, and engage mobile applications most toward the end of their search.
Using the internet to shop for homes is common.
In their online search queries, first-time buyers frequently searched terms like “FHA loan,” “FHA,” “home grants,” “home loan,” and “home buyer assistance.” Last year, more than four out of 10 first-time buyers purchased their homes with a Federal Housing Administration-insured mortgage.
“The fact that first-time buyers are looking for information about FHA loan programs and home buyer assistance underscores some of the challenges today’s home buyers face in today’s tight credit environment,” said Thomas. “Realtors® are excellent sources of information and can help buyers navigate the mortgage financing process.”
Both first-time and repeat buyers rely on Realtors® in their home search. According to the 2012 NAR Profile of Home Buyers and Sellers, multiple listing service websites and Realtor.com were the top two websites used in recent home searches. Realtor.com, NAR’s official property listing website, attracts an average of more than 20 million unique visitors per month. Mirroring the Google/NAR study, search activity on Realtor.com has picked up significantly in recent months – a 31 percent increase nationwide between March and October of this year.
According to Google internal data, the five states with the highest number of online queries
Selling Your Home in Battle Creek, Michigan requires traditional and modern methods of online marketing.
from people who can be presumed to be first-time buyers were Delaware, Louisiana, Mississippi, South Dakota and Wyoming. Queries related to retirement homes were highest in Nebraska, North Carolina, Oregon, Virginia and Washington. For vacation home searches, the top five states were Florida, Ohio, Oregon, South Carolina and South Dakota.
According to data from Realtor.com, today’s buyers search most frequently on numbers of bedrooms and bathrooms; square footage; garages; heating, ventilation and air conditioning (HVAC) systems; and swimming pools. These home features represent 70 percent of all searched features on the site.
Mobile devices are significantly changing the way people search for homes, as well. According to results from Google’s aforementioned home shopper research with Compete, 48 percent of people who used a mobile device in their home search used the device to get directions to homes for sale, and 45 percent used the device to request more information about specific home features or real estate services.
“Increasingly, online technologies are driving offline behaviors, and home buying is no exception,” said Google Head of Real Estate Patrick Grandinetti. “With 90 percent of home buyers searching online during their home buying process, the real estate industry is smart to target these people where they look for and consume information – for example through paid search, relevant websites, video environments, and mobile applications.”
“Technology has transformed the way Realtors® do business, but in real estate, high tech doesn’t come at the expense of high touch,” said Steven Berkowitz, CEO of Move, Inc., which operates Realtor.com. “Rather than displacing real estate agents, the Internet is actually helping connect them with home buyers. And Realtors® are responding by leveraging resources like Realtor.com, Facebook and YouTube to engage buyers and sellers in ever-evolving ways.”
The National Association of Realtors®, “The Voice for Real Estate,” is America’s largest trade association, representing 1 million members involved in all aspects of the residential and commercial real estate industries.
Information about NAR is available at www.realtor.org. This and other news releases are posted in the “News, Blogs and Video” tab on the website.
“The National Association of Realtors® applauds the Consumer Financial Protection Bureau for creating a broadly defined Qualified Mortgage rule that establishes strong consumer protections while ensuring continued access to safe, affordable mortgage credit.
“NAR forged a coalition of partners that urged regulators to honor Congressional intent by crafting a broad QM and we are pleased that the rule encompasses the vast majority of the safe, high quality lending being done today. We will continue to work closely with the CFPB to ensure that the cap on fees doesn’t restrict consumers’ mortgage options, but believe today’s QM rule is a positive step to bringing certainty to the housing finance system.
“Realtors® urge regulators to mirror the forthcoming Qualified Residential Mortgage rule after the QM rule to ensure affordable credit remains available to qualified borrowers.”
The National Association of Realtors®, “The Voice for Real Estate,” is America’s largest trade association, representing 1 million members involved in all aspects of the residential and commercial real estate industries.
The following article was provided for this blog by the National Association of Realtors®:
WASHINGTON (January 9, 2013) – With 11 months of data reported, 2012 will clearly go down as a record year for favorable housing affordability conditions, and a great year for buyers who could get a mortgage, according to the National Association of Realtors®.
Buying a home in Southwest Michigan can be easy.
NAR’s national Housing Affordability Index stood at 198.2 in November, based on the relationship between median home price, median family income and average mortgage interest rate. The higher the index, the greater the household purchasing power; recordkeeping began in 1970.
An index of 100 is defined as the point where a median-income household has exactly enough income to qualify for the purchase of a median-priced existing single-family home, assuming a 20 percent downpayment and 25 percent of gross income devoted to mortgage principal and interest payments. For first-time buyers making small down payments, the affordability levels are relatively lower.
For all of 2012, NAR projects the housing affordability index to be a record high 194, up from 186 in 2011, which was the previous record. November’s reading was 2.5 index points below October, but up 1.5 index points from a year earlier.
Lawrence Yun , NAR chief economist, said home buyers are able to stay well within their means. “Although 2012 was highest on record, the excessively tight underwriting precluded many would-be homebuyers from locking-in generational low interest rates,” he said. “Rising home prices and a gradual uptrend in mortgage interest rates will offset improvements in family income, but 2013 likely will be the third best on record in terms of household buying power. A window of opportunity remains open for buyers who can qualify for a mortgage.”
NAR projects the housing affordability index to average 160 during 2013, which means on a national basis that a median-income family would have 160 percent of the income needed to purchase a median-priced existing single-family home. Conditions vary widely, with the highest buying power in the Midwest. Even in the West, where the regional index is lower, they typical family is well positioned in most markets.
NAR President Gary Thomas, broker-owner of Evergreen Realty in Villa Park, Calif., said the minor erosion in affordability conditions moving forward could be mitigated by bank and regulatory policies. “Clearer rules from the government regarding future lawsuits and buybacks of Fannie and Freddie loans could encourage banks to use their massive cash holdings to originate more loans,” he said.
“A more sensible lending environment that makes it easier for other financially qualified buyers to get a mortgage would allow many more households to enter the market, boosting home sales as much as 10 to 15 percent,” Thomas said.
The National Association of Realtors®, “The Voice for Real Estate,” is America’s largest trade association, representing 1 million members involved in all aspects of the residential and commercial real estate industries.
Buying a home is easy in Southwest Michigan. Many first time home buyers come to me with the look of utter uncertainty about how they would ever go about it. Becoming a home owner seems to consist of so many unknowns, that they do not know where to begin.
Buying a home in Southwest Michigan can be easy.
A recent example of a young lady that contacted me through my website at: http://www.michaeldelaware.comwas of the same idea.
She filled out one of my information forms on the website, and forwarded it to me. I received it and called her within a half hour of her having sent it to me. After a short conversation with me, she soon began to believe that buying a home is easy in Southwest Michigan.
Here is the timeline on how I worked with her to make her see that buying a home is easy in Southwest, Michigan. She contacted me through the website on August 20th, I called her. I connected her up with a local lender, after assessing her needs. She was pre-approved for a loan by August 23rd, and we went looking for homes.
We wrote a total of three separate offers, and were not successful on the first two, but the third we were successful. We just got the home completed and under contract on September 5th, and she will likely close on the loan and be able to move in sometime between the end of September and mid October.
As a Realtor, I not only helped her see that buying a home is easy in Southwest Michigan, but she also is realizing that it does not have to take a long time to find the perfect house for her and her family!
So, it is true that buying a home is easy in Southwest Michigan, and as a local Realtor, I would like to offer my services to you and your family too. Just take a minute to visit my website: http://www.michaeldelaware.comand see for yourself.
make the subject understandable and offers a basic outline of a Land Contracts use and application.
