Free The Drones Personal Finance Blog

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Archive for 'Real Estate' Category

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Update on Selling Your House Using a Custom Website

1 September 2006

Bloodhound Realty has an updated post in response to the commentary here on the idea, and it’s a great read if you are considering this option. Greg explains why he doesn’t thing Google searches matter all that much if you’re going with this strategy – and points out that with a little variation of the search I [...]

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Want To Sell Your House? Start A Website About It

1 September 2006

Gregg Swann over at Bloodhound Realty has a post on a strategy he uses to sell houses more effectively: he’ll make a website about the house specific to the home’s address. That gives buyers a place to go to that’s often a little easier to remember than a specific page on a larger site. He’s [...]

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Tips for Young People Buying a Home

19 August 2006

Money Crashers has a post with some good tips for young people thinking about buying a house. He points out that houses are becoming increasingly expensive, putting them out of the salary range of many people in their 20’s – even though a house is one of the best investments to have. I would add [...]

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Reminder: Don’t Treat Buying A House Like Shopping

17 August 2006

The Budgeting Babe has a good reminder from her own personal experience: you shouldn’t treat buying a house like a shopping trip where you splurge because you like the way the house looks. Most good real estate agents know that they’re salespeople – they take advantage of your psychology to get you to buy something. [...]

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How Do Scandals and Murders Affect Real Estate Prices?

14 August 2006

That’s what The Wall Street Journal asks in a recent article. From celebrities to ghost rumors to murders, weird stuff about a house can have a big effect on the price. What kind of effect? Depends. A murder -
Separately, in June, the Chicago home of federal judge Joan Lefkow sold for $759,000. That was well below the $900,000 [...]

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New York City Renting Guide

10 August 2006

If you’re living in New York City, you might want to check out Andy Cho’s short guide to renting in New York. It’s got some nice information on how to go about renting a place there, as well as some pretty exhaustive lists of various brokers and property managers to contact. More people to contact means [...]

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How Refinancing A Home Loan Can Actually Hurt You

5 August 2006

Money Keg has a lengthy and interesting post on how interest works in bank loans. It’s a good read, and well-recommended for anyone with loans on a house or car. He makes several points, and the one that most interested me was at the bottom:
But what is most troubling is the fact that when a [...]

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Two Divergant Real Estate Strategies: Buying New Construction vs. Buying for Value

3 August 2006

For those of you who think blogs are the end-all be-all of useful information on the Internet, here’s a reminder that forums can often be an even better source (hey, why not join ours and add some advice of your own?).
Over in a thread in a real estate forum on the Rich Dad site, a spirited [...]

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Staging Your House: An Important Real Estate Sales Tip

27 July 2006

For anyone contemplating selling your home, here’s an important tip that you may not be aware of: there is an entire industry dedicated to putting fake furniture in your house and decorating it to make it more likely to sell. And it works -
It’s even become a selling point for agents prospecting for listings. If [...]

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Are you a cop, firefighter, EMT, or a teacher? Think about buying a HUD home

26 July 2006

This is a no-brainer, but it’s an obscure one that many people may not know about. So if you know a police officer or a teacher who doesn’t own their home, tip them off.
I was browsing through a CNN article on buying HUD homes at a discount to get some extra value on your first [...]

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