Pros and Cons of Using a Forbearance Agreement to Prevent Foreclosure

A forbearance agreement is sometimes offered to borrowers struggling to meet their home loan obligation and those entering into preforeclosure. When lenders enter into a real estate forbearance contract they agree not to proceed with foreclosure action as long as mortgagors remain in compliance with the terms.

The forbearance agreement allows borrowers to obtain special financing terms for a specific period of time. The average duration of mortgage forbearance contracts is usually 2 or 3 months. However, banks can extend the terms for up to 12 months when extenuating circumstances exist.

While a mortgage forbearance contract can assist borrowers in getting their finances in order to meet future loan obligations, there are risks with this type of agreement. Using the forbearance agreement, banks temporarily reduce or suspend mortgage payments. Once the agreement expires, borrowers must be financially capable of repaying the amount of missed or reduced payments.

For example, if a borrower’s monthly home loan installment is $1200 and their lender reduces the payment to $600 for 4 months, they must be able to repay $2400 at the end of the forbearance contract. If unable to pay the full amount, the lender can proceed with foreclosure action.

Additionally, home loan payments are reported to the three major credit bureaus of Equifax, Experian, and TransUnion. Deferred payments are often reported as delinquent, which can have an adverse effect on borrowers‘ credit scores.

Those who are already in a low credit bracket can quickly slide into the high-risk category, which can limit their ability to obtain credit in the future. Bad credit can prohibit borrowers from qualifying for other types of foreclosure prevention strategies such as loan modifications and mortgage refinance.

Another concern of real estate forbearance is the effect deferred payments have on escrow. Home mortgage loans incorporate required funds for homeowners insurance and property taxes. A portion of each installment is placed into escrow to cover annual expenses.

If insurance premiums or property taxes become due during the forbearance plan the escrow account may come up short. Mortgagors are responsible for paying these expenses out of pocket. If property insurance and taxes are not paid, banks can void the forbearance agreement and initiate foreclosure proceedings.

With that being said, mortgage forbearance can be a good option for those facing temporary financial setbacks. Borrowers must be extremely proactive in getting financial affairs in order during the contract period to ensure they can afford deferred payments once the plan expires.

Borrowers facing chronic financial problems due to long-term unemployment, health problems, divorce, or death of a spouse should contact their lender’s loss mitigation department to discuss foreclosure prevention strategies.

Mortgagors must obtain authorization to enter into mortgage forbearance from their lender. Most banks require borrowers to submit financial documents and a letter of hardship.

Hardship letters provide borrowers with the opportunity to provide details of events that caused their financial crisis. Lenders typically require mortgagors to provide a chronological timeline and summary of hardships, along with any action taken to improve finances.

Borrowers must contact their mortgage provider at the first sign of financial hardship. Banks are usually more willing to work with mortgagors who are proactive in finding solutions. If lenders are unwilling to provide assistance, borrowers may need to retain the services of a real estate attorney.

Immobilienmakler Heidelberg

Makler Heidelberg

Source by Simon Volkov

Short Sales

This is not to be considered legal advice. Legal advice can only be given by licensed attorneys from your state and we recommend that you hire an attorney.

Short sales are becoming more and more popular when buying a foreclosure just because of the huge discounts they offer.

These sales are another method of buying real estate when in one of the three stages of the foreclosure process: pre-foreclosure, foreclosure auction, and bank owned properties REO.

Foreclosure is a process in which the estate becomes the absolute property of the lending institution.

It starts when a home owner is faced a foreclosure suit against their financial interest in a property. They have missed numerous payments on the first mortgage. Often that same property owner has also missed payments on a second mortgage. Rarely, there might even be a third mortgage.

A short sale is basically an offer from an investor to the first and/or second note holder offering a discount to purchase and pay off the notes.

Benefit to the Property Owner:

An investor pays off the mortgage averting foreclosure and a stain on the property owners‘ credit report

Benefit to Investor:

Buys a property at a discount often gaining immediate substantial equity.

Benefit to Mortgage Holder:

First mortgage holder gets less than owed for a property but does not add it to their ever growing list of REOs. From the lender’s perspective, a short sale saves many of the costs associated with the foreclosure process – attorney fee’s, the eviction process, delays from borrower bankruptcy, damage to the property, costs associated with resale, etc. They would rather discount a mortgage than go to the courthouse steps.

Any additional note holder, that is, second or third mortgage holder will likely not get any money in a foreclosure. A substantially lower offer may be accepted as they will probably feel that anything gained is better than losing everything.

Disadvantages to the Property Owner:

There is a possibility that the homeowner may lose all equity. This may include any down payment made to purchase the property originally.

The new owner may insist the old owner vacate the property.

The original homeowner may still owe the difference between the balance of the mortgage and the discounted amount as a result a deficiency judgment. If granted, this judgment will affect the homeowners and their credit report.

A short sale entails considerable paperwork for the investor but will frequently become a win-win situation for both the property owner and the investor.

Immobilienmakler Heidelberg

Makler Heidelberg

Source by Ray Caran

Real Estate Listing and Negotiation – What Stories Can You Tell?

One of the best ways to convert more listings in commercial real estate is to tell more stories. It’s the quality of the stories that you choose in each circumstance that will help you win the business. Stories capture the interest of the prospect.

Most invitations to list a property will involve many agents competitively tendering for the same clients business. Most successful listing appointments are achieved through connecting with the client in a meaningful and relevant way, given the existing status of the property market locally. You can help this process greatly by telling a story or two from the market.

So how can you be highly effective in the client listing process? You develop a group of stories that you can use in the sales or listing presentation. They have to be well considered and relevant to the existing listing. You should have a number of them to use at any time.

When you think about it, you can select many stories of different types relating to activity and history in the property market.

The stories you use should be carefully crafted for the positive outcomes they create. Consider the following stories by the sales or leasing category:

  1. Property information stories can easily be told with relativity to other properties in the area.
  2. Stories relating to prices, rents, and outcomes can be selected from other listings in the area.
  3. Happy tenants, buyers, landlords, and sellers, are good subjects to use with selected properties.
  4. Time on market stories should always be told so that the client knows the timeframes they are working within.
  5. Select some stories of difficult properties that were hard to sell or rent and yet achieved positive outcomes.
  6. Clients that made the right decisions under situations of pressure are worth referring to in your listing stories.
  7. Fears will always be evident in the marketing of property. The client will have challenges which they will not always openly share. Help the client through these fears by telling stories of success in property sales or leasing.
  8. Marketing stories are always interesting and give the clients ideas and alternatives when they are considering the marketing of their property.
  9. Find some stories relating to other properties in the same street or location. It is these details which will capture the attention of the client.
  10. It is worthwhile having a few stories relating to the failed marketing campaigns of other competitive agents in your area. Other properties that have struggled will highlight your fresh relevance and good marketing ideas.
  11. Closing stories are great for leverage and influence. Have some stories relating to significant successes that your office has achieved in the local property market over the last few months.

It is remarkable how telling stories will assist the listing and negotiation process. Sometimes the client just needs a reason to listen and understand; stories achieve this and they relieve the pressure of the presentation. Well selected stories capture the challenges of the existing property and the clients thinking.

They say the best salespeople are the best storytellers. It is this ability to capture the attention of the client in a meaningful and relative way which helps your listing or negotiation processes. Select the stories to use and carry them with you for just that right moment in listing.

Immobilienmakler Heidelberg

Makler Heidelberg

Source by John Highman

Short Selling Your Home

Though many people aren’t overly familiar with the term, „short selling“ has been around for a long time. Basically, short selling one’s home means they’re willing to sell the home for less than what it’s worth.

There are two main reasons someone would want to do this. The first is to get away from the house for personal issues. This has been used over the years for divorced couples looking to get away from each other as quickly as possible. They might try to sell the home at a profit first, but they won’t wait long, and they’re willing to take a loss just to move on with their lives.

The second isn’t as cut and dry. Because of our economy and the state of the real estate market, homes in many areas around the country are suddenly worth less than the mortgages they’re stuck paying on them. Some houses have lost half their value, yet seen their mortgages go up. If someone in the household has lost their job, suddenly it’s difficult to keep up with payments, whether they went up or not.

In this case, short selling means trying to get out from under an oppressive mortgage payment. It’s different than foreclosure in that the owners are trying to get something so they can minimize the damage to their credit status. Banks aren’t overly crazy about it because, even though they know the value of the homes has decreased, they still hold out the belief that the values of those homes would still get them much better payments later down the road. No one will be agreeing to any more floating mortgages; you can bet your life on it. So, banks, which should be happy to at least have something coming in, really aren’t happy.

Short selling looks like a nice option for owners, right? Well, there are some issues with doing this. Even though a foreclosure will immediately hit a credit statement, short selling one’s home has the potential to do the same thing. If the seller doesn’t work out a deal with the bank to pay the difference between what they get for the house and the balance that’s being lost by the bank, the bank can still report a default on the loan, which is still a negative report on your credit history. Some banks are forgiving the debt if the selling price is close enough to what the original mortgage was, but if it’s not, they either want their money or they’re going to get their pound of flesh.

And one last thing; a bank can report you to the credit agency, and still send your account to a collection agency to go after the balance. If you don’t have the money to pay them back, that agency would probably have to get in line behind all the other agencies you’ve had to deal with for some of your other bills. But it’s another irritation the consumer would have to deal with.

Still, it’s an option to consider for some homeowners who are in serious financial distress. The overall debt would be less than just walking away from the house, and it would bring some peace of mind quicker.

Immobilienmakler Heidelberg

Makler Heidelberg

Source by Luis Pezzini

Short Sales – 3 Key Factors Gurus Never Tell You About How To Do Short Sales

For those of you who are new to the Short Sale arena or new to real estate investment, let’s first define what a „short sale“ is and what it’s SUPPOSED to accomplish. A short sale is the process of negotiating with a Mortgage Lender to convince them to accept less than the Homeowner’s mortgage balance as payment in full for the property in order to prevent foreclosure, eliminate the nonperforming loan from the Lender’s balance sheet, and allow savvy real estate investors to profit from purchasing property below market value. A Short Sale is generally a great strategy to use when a Homeowner is behind on their payments and owes close to or more than what the property is actually worth. The state of being „Upside Down“ (Debt > Equity) is the ideal situation when targeting short sale candidates and getting these deals done successfully on a consistent basis.

Negotiating a short sale is SUPPOSED to help the Lender and the Homeowner in default by preventing the foreclosure, wiping the slate clean for the Homeowner, and providing that Homeowner with an opportunity for a fresh start–and providing the investor with a substantial discount vs. Fair Market Value (FMV) to earn a reasonable profit on the immediate sale or on a fix & flip sale down the road. However, it doesn’t always work out that way. Experience has taught me that these 3 Key Factors are HUGE components of the harsh reality you can expect throughout the short sale negotiation & completion process.


In spite of the reality that we’re in the midst of a tremendous foreclosure tsunami, some Lenders are still irrational and downright idiotic in their decision-making process. Case & Point: GMAC will only accept short sales that come in @ 90~100% of fair market value (FMV). So, they’ve effectively taken the „short“ out of „short sale“! Now ain’t that just dandy? OK, time to whip out your calculators and see how much profit we real estate investors can bang out buying short sales @ 95% of FMV. Hello! Time for a reality check!


Regardless of the fact that we always include a line item on our Purchase & Sales Agreement (PSA) stating: „This offer is contingent upon Buyer arranging for [Lender] to accept $________ as full payment WITHOUT pursuit of a deficiency judgment against Seller for the mortgage that Mortgagee holds on the Property“, some Lenders completely IGNORE that contractual line item. For example, HSBC is notorious for NOT waiving deficiency judgments.

Buried among the standard jargon on HSBC’s short sale acceptance letter is „HSBC Mortgage Services will retain the note on this loan. The customer shall be responsible for any deficiency remaining on the balance. All terms of the original note shall remain in force.“ Wait a minute! So, HSBC agrees to do the short sale so long as they don’t end up short? They’ll discount their lien as long as they get the whole thing!? Wow! What a deal! The bottom line is that after you’ve painstakingly negotiated to get HSBC to agree to accept a short sale you realize that you’ve been hoodwinked because the deal is contingent upon the fact that it’s NOT really a short sale at all. Welcome to Crazy World!

The slick tactic here is that HSBC is making a brazen attempt to get your clients to bind themselves contractually to pay the deficiency as part of this „short sale“ (ya know, the kind where they’d still owe ‚em everything). C’mon guys! We’ve gotta stand firm and do like Nancy Reagan on this one–JUST SAY „NO“! In spite of the existence of less-than cooperative Lenders with unhealthy attitudes, this HAS to become the Golden Age of Short Sales because Lenders simply can NOT keep being idiots and stockpiling REOs in perpetuity. Something’s gotta give!


There’s one document that none of my colleagues ever seem to include in their short sale packages perhaps because I’ve never seen it on the documentation list of HOW TO DO SHORT SALE programs. Since that document didn’t exist, I just had to invent what I call the Offer Price Determination (OPD), which basically walks the Lender through the process of exactly how we’ve determined our offer price. A sample of our unique, Radiant Properties OPD is available to you for FREE on our website, with which I’ll provide you below.

For those of us who’ve endured the short sale process, we’re aware that influencing the BPO (Broker’s Price Opinion) is perhaps THE most critical aspect of getting our short sale offer accepted and closing the deal. When I personally meet the BPO Broker at the subject property, I hand her or him the BPO Packet that I’ve carefully prepared just for them. That BPO Packet generally includes:

  • Comps @ or near our offer price
  • Detailed Rehab/Repair Estimate
  • Homeowner/Seller’s Hardship Letter
  • PSA
  • OPD

For many of you, the mounds of required documentation is the scariest aspect of short sales. To alleviate that fear, Real Estate Profit Pro (REPP), an indispensable tool created & developed by my mentor, friend, and confidant–mega successful real Estate Investor, GERALD ROMINE is THE system that all PROFESSIONAL real estate investors should use to quickly & efficiently prepare short sale paperwork AUTOMATICALLY. So when the foreclosure glut causes the mortgage industry to implode (more acutely than it already has) as a result of the Lenders‘ own greed & lack of foresight, since YOU will have access to this information and powerful tools like Real Estate Profit Pro, you’ll be fully prepared to swoop in, clean up the bloody mess, then reap your profits using REPP–your powerful secret weapon to complete massive short sale packages in just minutes!

When you’ve made the wise decision to have REPP & real estate investment superstar Gerald Romine on your side, you too will be armed & ready to locate & complete the REAL Deals with the Lenders that will eventually be FORCED to become flexible enough to work with you to help them put an end to the foreclosure glut and CREATE WINNING SITUATIONS for Homeowners, Lenders, YOU, and your real estate investment business!

Since many Lenders are still in SERIOUS denial about this foreclosure mess that THEY created, realistically, some short sales will work–others won’t. So, the idea is to be sure to have a system in place to analyze deals and make offers quickly. Since I’ve been fortunate enough to have direct access to Gerald Romine and Real Estate Profit Pro since my very first real estate investment deal, I must admit that I’ve been operating at a tremendously unfair advantage vs. my competition. The GREAT NEWS is that when you visit the Radiant Properties website, you too can access this powerful REPP unfair advantage!

When you arrive at the Radiant Properties website, just look on the left menu, then click on the link to check it out. While you’re there, you can also click on the menu link to get your FREE sample of our unique, proprietary Offer Price Determination document that will MAKE YOU MONEY by giving you an unfair advantage over your competitors within the short sale investment arena. When you apply this new knowledge and Real Estate Profit Pro to your real estate investment business, you’ll certainly notice the difference in your bottom line soon enough. Since we intend to include the OPD worksheet in an upcoming short sale system that will soon be FOR SALE, the OPD Sample will only be available for FREE on our site for a VERY limited timeframe. So you’d be wise to hurry!

Finally, now that you’re fully aware of these 3 Key Factors Gurus NEVER Tell You About HOW TO DO SHORT SALES, just visit our Radiant Properties website listed below, get the REPP and FREE OPD info you need, then go negotiate & CLOSE a PROFITABLE short sale deal! Short sales aren’t easy, but you can successfully close these deals on a consistent basis–when you have the right tools…

Immobilienmakler Heidelberg

Makler Heidelberg

Source by Charles Emery

On the Hunt for Government Foreclosure Listings

When you are on the hunt for government foreclosure listings search the Internet where you will find auctions, HUD homes, foreclosures, pre-foreclosures and more. Commercial, condominiums, single family, multi-family, and repair person specials are included in the foreclosure listings.

Any foreclosure home involves the removal of the buyer’s rights to redeem the mortgage. It is a legal process, but rarely does anyone go to court. The mortgagee’s rights are taken away because the homeowner could not make payments. Because banks repossess the homes, the foreclosures are sold below market costs in most instances. For example, HUD may sell a $50,900 home for $14,000 or less.

You can find great deals on government foreclosed homes. In addition, the government will auction off the homes online or in various locations offsite. At the auctions, you can bid on the homes, which you may get a $100,000 home for $10,000. The reason the homes are sold cheap is that the government does not want to spend their time on managing property, unless that property and/or land has some relevant use to them. Bans are the same. They too, rather recover the remaining balance on the home, thus selling the home below market price.

Online you will find updates on foreclosed homes. The homes are posted each day and you will find a nationwide list of properties. Services online sometimes ask that you sign up as a member. After you sign up as a member, you can start searching through the foreclosure homes. The database is huge. You will have customer support, analysis tools, and other handy sources available.

Some of the websites online that offer you membership options will provide you with referrals. The referrals often include lenders, realtors, agents, brokers, contractors, moving agencies and more. The advantage about shopping for government foreclosure listing online is that the membership sites will send you updated e-mails each day. You can view the latest foreclosure listings and homes by clicking on the hyperlink or text. Most of the membership sites charge a nominal fee. The benefits you receive from the fees are updated e-mails and listings, information, and other specific information that helps you from start to finish find what you need.

The government links you to foreclosure listings online as well. When you visit the site, you will find a list of government auctions, which are listed by the state and territory. The lists will provide you with starting dates, time, location, and other details. The federal government also posts seized property, surplus property, real estate auctions, intangible items, bankruptcy, and state government auctions. You will find an abundance of government foreclosure listing online.

To find the government sites online, simply type in government foreclosure listing in which you will be directed to a web page. You will find a number of links at the site. Scroll down the page until you find the government listings. The advantage of buying government and federal homes is that you get the best deals around.

Immobilienmakler Heidelberg

Makler Heidelberg

Source by Robert Grazian

Understanding the Foreclosure Process

Foreclosures have been steadily increasing over the past few months in most American cities. Some of the cities with the highest number of foreclosures include Atlanta, Los Angeles, Miami, Detroit, Phoenix and many others.

There are many different reasons why homes go into foreclosure. One of the most important reasons today is the day so called sub-prime mortgage mess. This occurred because many banks relaxed their lending guidelines. A lot of people who would otherwise not be able to buy a home were able to buy a home over the past few years because of these relaxed guidelines.

Unfortunately, most of these people bought homes with mortgages that they could not afford to pay. A lot of these mortgages were adjustable rate mortgages. The payments on these loans were initially very low however, the loan payments increased dramatically as the interest rates adjusted upwards. So these homebuyers could not afford to pay and so had to go into foreclosure.

When a homeowner is not able to pay his or her mortgage, the bank may decide to take back the home. This is also called a foreclosure.

Different states have different guidelines on how banks can foreclosure on a property.

This process is very short and straightforward in the state of Georgia. It is much along that in many other states. There are two types of foreclosure processes: one is a judicial process, and the other is non-judicial. Some states like Georgia use the non-judicial foreclosure process. This non-judicial process is very fast. A homeowner in Georgia may lose their home in as little as 30 days if they fail to pay a mortgage on time.

The bank merely has to go to cost and declared that the mod gauge these view immediately. When this happens, the home owner may come up with the money in order to stop the foreclosure. This is very difficult because many of these home owners are already facing a lot all financial difficulties. The bank publishes a note these in the Loki newspaper that they are ready to foreclose on the home.

The bank is required by law to publish this no tears in the paper for at least four weeks before the actual foreclosure date. If the home owner does not come up with the money to pay the loan within this time the bank has the right to go to court and set a property at the court steps to the highest bidder. Some banks succeed in selling the home quickly, however most of them would end up buying back the property. This is now called an REO property.

The bank now recruits a real estate broker to list and sell their property to any interested buyers. These homes are initially listed at market value. The bank will eventually discount the property, if they are not able to sell it at fair market value. This represents a good bargain for a savvy home buyer. This savvy homebuyer really needs to work with a real estate agent who knows how to locate these discounted properties. And remember not all foreclosures are good deals.

Immobilienmakler Heidelberg

Makler Heidelberg

Source by Eric Mabo

Home For Sale by Owner – Private Sale of Homes a Growing Trend

For Sale by Owner

The toughening home market in Ontario is making it tough for real estate agents to sell any kind of real estate. Scotiabank has reported a slowdown in home resales in 2008 and prices have dropped. It is definitely a buyer’s market as economic growth has slowed, and people are looking to cut out realtor fees wherever possible.’s home index recently revealed that on average, FSBO properties were on the market for just over three months and sold for 95% of the asking price. The average amount saved on real estate commissions totaled more than $10,000. That’s a big incentive to move to do-it-yourself real estate sales.

Not that it’s easy for homeowners to sell their homes without the assistance of a realtor. Finding the right buyer with the right price still requires some marketing savvy and a lot of work. The level of knowledge about home marketing has improved dramatically, some of it due to television shows and books that have proliferated on the topic of flipping properties. From remodelling to sales psychology, many people are able to prepare their home and show it to buyers.

Homesellers and buyers are finding that real estate deals can be made without having to pay realtor fees. The question of marketing though is an issue they struggle with. Without having the realtors listing service and an agent funnelling active buyers to their home, how do go about making contact with lots of buyers?

If you’re selling a cottage in Muskoka, Haliburton, or other rural Ontario towns, there may not be any street traffic so posting a sign on the lawn may not generate any serious offers. Other marketing and advertising vehicles will be needed.

Visibility on The Search Engines is Key to Selling Homes today

The Internet is critical to successful selling these days and it is in real estate as well. Search engines, do it yourself sites, and news sites all offer great visibility to homebuyers and sellers. Even the major real estate companies rely on Google to connect with buyers and sellers. The real estate companies draw significant traffic through Google from people interested in everything from real estate, to mortgages to for sale by owner listings. Fortunately, a few web sites show up at the top of the search listings and they are well visited. You definitely want to be advertising with these sites if the cost is sensible and if they will serve single homeowners. Some real estate Web sites won’t.

For Sale by Owner isn’t a new idea. Services to help sellers cut out expensive realtor fees have been around for some time. For these services to be successful, the companies Web site needs to show up in the search engine rankings. A few Home for sale by owner enterprises have their own print magazines which can extend reach into localized markets in small Ontario towns. When you combine that reach via print and via the Web search engines, the overall ability to connect buyers and sellers is strong. These services are often low priced and can help sellers save significantly on realtor commissions.

FSBO services often provide a package of services for a fee that may include a listing in print magazines, web site listings, and various documents along with signs for placement on street locations. Visibility is everything, and these packages may give you all the coverage and help you need to sell your home well. Some will even guarantee that you’ll sell your house or they’ll return the service fee.

Some of the documents include tips on how to prepare the house and stage it for viewing. Check out firms that offer For Sale By Owner listings. The low price may surprise you especially since they offer a very unique service that realtors do not want you to use.

Immobilienmakler Heidelberg

Makler Heidelberg

Source by Gord Collins

Reasons to Stage Your Home for Sale

If you were thinking of selling your home or investment in your home, you need to make sure you take full advantage of staging trends. There are many advantages to home staging trends, which we will take a look at a lower level. One of the best things on stage is that the homes they sell in less time. This is great news for sellers, as these types will be sold very quickly. In most cases, you will not have to worry about your house remaining on the market for a long period of time. Research has shown that almost sell houses staged% faster than the other houses on the market.

Also Staged homes sell for more money. Homes that sat on the market for a long period of time normally lower offer because the buyers will begin to think there is something wrong with the house. These on the other side, not to sit on the market for long at all. Once they are listed, they pretty well draw attention to them – resulting from a quick sale.

An outdoor stage will also attract viewers. When buyers come to a house that is for sale, they make up their minds instantly, whether they should go out and look around, or hunt. If the court is done with flowers and the court is properly cared for and supported, there is a chance that buyers want to see more. If you entice buyers by showing them how beautiful is outside the home, they certainly want to know what the house like on the inside as well.

Once the buyer has stepped inside the house, it will in the space of a few seconds, if he likes the house. To get the attention of the buyer, you need to stage your home to the buyer’s taste. You do not want the buyer to feel rushed or get the wrong impression, which is why you should always set the scene and encourage the buyer to take his time and get a good look at the house. Staging salons and kitchens will also help sell the house. Buyers love salons, and that is why we must always ensure that the exhibition is the centerpiece of your home, and decorate accordingly. Kitchens on the other side, where you should really go all, and decorate with fruits such. You should always check that everything is in place as well. Buyers love to see houses that are ready to move in-and not ready to be worked.

Staged homes will also attract more real estate agents and get more publicity as well. If a real estate agent loves your home, he will want to show off. If you, your home, chances are that real estate agents do not eat. When they do, they are going to announce it more than others, simply to get you deserve some attention. In this way, you can get broad exposure to absolutely no extra cost.

There is no other way to look at other than auction houses in stages. They attract more buyers, more real estate agents, and they give people the feeling of the house. When you go to your way of doing things feel that the buyer is your home, his dream, he will know it. Homes that are not directed may sell, but to sell them staged much more quickly and for more money. If you are looking to sell your home, you should think about the staging and get the ball rolling in the right direction.

Immobilienmakler Heidelberg

Makler Heidelberg

Source by Dee White

Austin Energy is Building a Greener Tomorrow

Taking advantage of Austin Energy’s incentives for energy efficient homes and businesses makes good financial sense. Rebates and loans are available to help Austin residents make environmentally friendly choices. In some cases, low and moderate income customers of Austin Energy can even receive free home improvements, even if they rent their homes rather than own them. By participating in one of a variety of incentive programs, homeowners can reduce their energy costs and save money while helping to keep Austin green.

Austin Energy has a longstanding and demonstrated commitment to saving energy and environmental responsibility. As a result, Austin Energy has partnered with the U.S. Environmental Protection Agency and the Department of Energy to offer Energy Star rebates to qualified customers. These rebates, available on purchases of high-efficiency air conditioning and electric water heater systems, solar photovoltaic systems, solar-powered water heating systems, as well as certain energy-saving home improvements, are intended to promote the use of green technology and alternative energy sources.

The efficiency of air conditioning systems is measured by two different systems. The Seasonal Energy Efficiency Ratio (SEER) provides a measure of a specific unit’s energy efficiency over the entire cooling season, and as such is a more general assessment. The Energy Efficiency Ration (EER) measures the unit’s efficiency under prolonged and constant use, as in the hottest days of summer. Austin Energy offers rebates for the purchase of new air conditioning models that achieve a SEER rating of 14 or higher and an EER rating of 11.5 or higher; some window air conditioners also qualify for these rebates. Split system air conditioners and heat pumps may also qualify if they meet these SEER and EER rating requirements. Rebates range from $50 for small window units to $650 for the most highly rated energy efficient air conditioning systems.

Solar photovoltaic technology rebates work differently than appliance rebates. Since these solar panels actually generate electricity, Austin Energy offers low-cost, no-fee loans for the purchase and installation of solar photovoltaic systems, and then gives a rebate per watt to its customers for energy returned to the electrical grid. This makes solar energy an affordable and financially sensible alternative for private homes. Photovoltaic cells create energy without polluting the environment, so they are a sound environmental choice as well.

Solar water heaters also qualify for rebates from Austin Energy ranging from $1,500 for new construction to $2,000 for installation in an existing home. These technologically-advanced water heaters also qualify for a tax rebate of as much as $1,000. Solar water heater systems must be certified by the Solar Rating Certification Corporation in order to qualify for these incentives.

To help customers decrease their energy consumption, Austin Energy also offers rebates for certain home improvements, such as adding insulation to attic spaces, air duct repair, adding caulking and weather stripping to windows and doors, and radiant barrier insulation. Low-income families can qualify to receive these energy-saving improvements free of charge as part of Austin Energy’s Power Saver Program. In order to qualify, you must meet certain income guidelines, the home to be improved must be a single-family residence, and in most cases the house cannot be valued at over $150,000. Renters who have lived in the residence for at least three months can also qualify if the landlord consents to the improvements.

Other Austin Energy programs include the Power Partners program, which gives customers a free programmable thermostat in return for allowing Austin Energy to cycle electric power usage during peak consumption periods; the Refrigerator Recycling program, and other incentives to save energy. But perhaps the most important incentives are the environmental benefits of these programs. Together with Austin residents, Austin Energy is looking to the future and working to build a greener tomorrow. 

Immobilienmakler Heidelberg

Makler Heidelberg

Source by Joe Cline

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