Archive for June, 2004

Power Realty set 1 – Mar 9 08 – House Detective Las Vegas

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Buying Hud Homes as Investments

Steve Gillman asked: Buying HUD (Department of Housing and Urban Development) homes isn’t necessarily a way to get rich quick. These homes are supposed to be sold at market value, after all, which would seemingly make the great deals you hear about a myth. However, there are some profit opportunities here.One of the reasons you [...]

Are We in a Good or Bad Real Estate Market?

James Wells asked: I get asked all the time how the Real Estate market is going. My answer changes, but I find I normally get more information than I really give when I discuss this issue with people. I don’t get to determine if we are in a good market or not, the general public [...]

Foreclosure Homes as Profitable Real Estate Business

Antony White asked: When a person fails to pay the monthly mortgage installments, his home in question comes under foreclosure and such foreclosure homes are sold by banks, lenders or government agencies to collect the debt. Such foreclosure homes can be purchased by others and the buyer gets a chance to save anywhere from ten [...]

Home Inventory – Changes in Marital Status Creates the Need

Cindy Hartman asked: Most people know they should have an inventory of the contents of their home or business in case a disaster occurs. When it’s time to file an insurance claim, the written and photographic documents will provide detailed information of your contents and help you maximize your claim. Life events also call for a [...]

HUD Homes For Sale

Michelle Greene asked: Finding HUD homes for sale that have been foreclosed can sometimes feel like the proverbial needle in a haystack, but if you know where to look, you can find plenty of bargain opportunities. There are several sites online that will give you access to these HUD home for sale listings for a [...]

Foreclosure Listings That Deliver the Goods

philip smith asked: In the good ole’ days, actually not so very long ago, Title and search companies researched and provided hard copy of foreclosure listings lists to attorneys. An investor or buyer interested in locating a foreclosure property spent hours at the county courthouse researching, more hours scanning local newspapers or bought the list [...]

How Oil-Rich Tulsa Real Estate Reinvented Itself

Art Gib asked: For most of the last century, Tulsa, Oklahoma was known as the “Oil Capital of the World.” Its economy was heavily dependent on the oil industry, providing many of the jobs in the city. However, hard times required diversification. This has resulted in the Tulsa real estate picture taking on a dramatic [...]

Time is of the Essence Clauses in Nevada Real Estate Purchase Agreements

Michiel Van Kets asked: Longstanding Nevada legal precedents regarding “time is of the essence” clauses in real estate purchase agreements were enunciated by the Nevada Supreme Court in Goldston v. AMI Investments, Inc. 98 Nev. 567, 655 P.2d 521 (1982), R&S Investments v. Howard, 95 Nev. 279, 593 P.2d 53 (1979), and Holmby, Inc. v. [...]

Which is Better: Building Your Own Sauna or Buying a Pre-Built Sauna?

Amy Nut asked: With the hectic pace of life today, it’s important to have a place that is all yours, a place that brings you peace and relaxation. For many people, that peaceful haven is a home sauna. Home saunas are a great way to bring balance to your life and have a variety of [...]