Buying Real Estate in Down Market

When you plan to buy a home in a down market condition, it is very essential that you know all the things that will help you earn great deals from it. When there is a sluggish real estate market, the prices of homes decline. This is the most appropriate time to purchase a property as you will be able to buy it at a cheap price.

It is absolutely essential that you do your homework before buying a property. Know an area well before making any move. Learn about the price range of properties in that area. It will help you in bargaining with the seller and you can get a house within your price range.

You should remember that you are not the only buyer hunting for a particular property. To be sure that you do not have a competitor, get your mortgage pre-approved so that the seller knows that you are financially sound. He will be more interested in selling his property to you.

You should always hire a professional real estate inspector to be sure that everything in the house is in a proper state. It may so happen that the roof or the doors and windows are cracked and that might cost you heavily in the long run. So check everything properly before purchasing a property.

Always take assistance from a professional real estate attorney who knows well the real property law associated with any real estate deal. He can do all the paperwork on your behalf for real estate laws are very difficult for a normal person to understand. It is also advisable to look out for motivated sellers.

A motivated seller will always be motivated to sell his home and that too at a lower price. The motivated sellers have some compelling reasons behind selling a home. It will be helpful for you in making a great negotiation with the seller. By purchasing the property from a motivated seller, you are also helping him at the same time.

While purchasing a property during a down real estate market condition, you need to take care of all these things to crack big deals. Real estate industry is a place where you can make really good investments provided you have ample knowledge and expertise.

You can also take advice from real estate experts as to how they were able to earn profits when the market conditions declined.

Immobilienmakler Heidelberg

Makler Heidelberg

Source by Prudence Wong

Sell House Now Tips and Information – Learn How to Sell a House Fast

It is now doubt the real real estate market will slow down during the holiday season. This is good for realtors and real estate investors who have been working very hard to help clients buy and sell houses but not so good for buyers and sellers.

If you are in the market to buy a house, December and January can be a good time to pick up some great deals on a house because there are not many buyers. It can also cause an issue for home buyers because the number of available homes typically is lower during the holidays as home sellers don’t want to move during this time.

The cold weather also has an affect on the real estate market. The colder it is outside the less home buyers are out shopping for a great new home and the less number of open houses real estate agents hold. In months when the weather is warm the number of houses for sale increases and so does the number of sold homes each month.

Does this mean you should wait to sell your house until Spring? Well, if you can wait it might be a good idea too, but many home owners need to sell their house now. The truth is life happens and there are many reasons a home you expected to stay in for seven to ten years suddenly becomes a home that you can only stay in for two or three years.

Home owners who need to sell their house fast typically have one of the following reasons: foreclosure, job transfer, divorce, relocation, family illness, short sale, etc. There are many reasons home owners need to sell a home but if you are experiencing any of the above stated issues you are more likely to need to sell quick.

The problem with needing to sell a home fast in the current real estate market is many home owners do not have much equity so selling a house can be very difficult. If you owe more for your home mortgage than what your home is worth it can seem impossible to sell your home. The truth is you still have home selling options. You can have a professional realtor or investor complete a short sale, lease option your home until the market increase or you can rent your house until the market increases and sell then.

It is important that if you are wanting to sell a house you discuss all your options with a real estate professional. Real estate can be a tricky thing to handel especially when you have an emotional attachment to the home. Discussion all your options with someone who is an expert and does not have an emotional attachment can help ease the process of selling a home.

Immobilienmakler Heidelberg

Makler Heidelberg

Source by Shaun Greer

How Thousands of Our Clients Sold Their Homes Without Agents?

In the past, due to the lack of awareness about the home sale process, selling a home used to be a stressful task. The decision to sell a home can become a roller-coaster for the first-timers and if you have enough time and energy required to sell your home on your own there must be a thousand questions popping in your mind. Selling a house is a huge undertaking and probably the biggest transaction of your life. It’s easy to get swept off of your feet in the process of home selling and make mistakes that could leave you with remorse later. But thousands of people are doing it and once you know the process, it’s actually very doable. Preparing for what’s ahead will help you gain the most money at closing and keep your stress at bay. Fortunately, there are steps you can take before putting your home on the market to increase your chances of receiving a solid offer from a buyer. Homeowners who are wondering how to sell a house by owner should understand that it’s a learning process and isn’t something that people are doing every day.

Nowadays, you can sell a house without an agent by listing it on By adding a good description of your property and adding a few appropriate images, you can sell your home without an agent in an efficient manner. Minus The Agent also assists you through every step of the sales process and shares your listing on other leading websites in Australia such as,, and many more. Minus The Agent also allows you to upload videos, a virtual tour, the floor plan, etc. of the property on the website so that the potential buyers can make a well-informed decision.

What does ‚Minus The Agent‘ do?

Minus The Agent puts you directly in touch with genuine buyers or tenants so that you can successfully sell or rent without the need of an agent. By listing your property on high-profile and high-visibility websites like,, etc., Minus The Agent gets your property and put it on the market in front of thousands of potential buyers. Minus The Agent also provides end-to-end support with out and handy marketing tools so that the sellers have a smooth home selling process throughout.

Minus The Agent helps home sellers who opt ‚for sale by owner‘ list their properties on,,, and many more. Minus The Agent also provides on-going assistance to make the sale or leasing a stress-free process when you opt for sale by owner. Get the right valuation for your property now without paying the commission fee and save your money with Minus The Agent.

Why choose us?

User-friendly platform

Our website,, is easy to navigate and allows you to take advantage of all our services. From listing your home for sale without an agent to closing the deal, our website guides you through the process and gives you tools to be your own agent so that you can present and sell your home confidently.

Diverse packages

Our packages are tailored according to your needs and offer you the tools that you need to successfully sell your home without an agent. You are in charge of your marketing and have 24/7 access to our system to update or make changes to your listing from any computer or mobile device.

Expert support

Our team consists of highly experienced professionals who can help and guide you at each and every step of the home selling process. Minus The Agent offer after hours‘ phone and email support 7 days a week, meaning we are there to deal with any inquiries you or your prospective buyers/tenants may have.

Immobilienmakler Heidelberg

Makler Heidelberg

Source by Jass P Chawla

Overcapitalisation – Why Cost Does Not Equal Value?

If you are unaware of the real estate terminologies then you might be wondering what overcapitalisation is. Basically, overcapitalisation refers to an overspend on construction or renovation costs which means the actual cost of a construction/renovation of the property is superior to its real market value. Overcapitalisation is also considered as asset inflation. Confused? Let’s make it simple. For instance, Mr A is planning to renovate his house by remodeling the bathrooms, basement and kitchen; upgrading the living room and bedrooms; adding a porch and swimming pool; installing vinyl siding, fencing front entrance and extending the garden. Mr A decides to use upper end expensive quality materials in the renovation. While doing so, he forgot to consider the real market value and quality of the houses in this area, which was lower than the value of his upgraded house. This is overcapitalisation.

Now the next question is what should be done to avoid overcapitalisation? Simple! When renovators and home builders are planning for home improvements, they must keep in mind some factors which have greater impact on the overall value of the property. For instance, evaluating neighbour’s housing style, demographics of neighbourhood, streetscape, design trends of neighbouring property, and recent resale prices of the homes in the area.

Although generally improvements and renovations add value to a property, it will be wrong to say they will ALWAYS increase its value. The reason is that if renovations and improvements are overdone, without keeping in view the real value of the area where your property is located, you might be overcapitalising your property. This means that your property cost will not equal its market value.

Hence, it is rational that a renovator or home builder is aware of overcapitalisation, and increases the value of the property only to an extent that it can cope up with. Remember, you’ve got to be really careful about overcapitalisation when upgrading or renovating your property.

Often overcapilisation occurs when people are not rational and business minded in their approach. Typically home owners will spend more on fixtures and fittings with the aim to live in the property.

Some cultures often prefer to live in larger homes as status symbols and will opt to spend more on improvements than is the norm in the locaility.

However if you are an investor or builder, it is important to get the mix right as this will result in higher profit margins. Getting it wrong can often mean longer selling periods and discounted prices. Do your due diligence to avoid disappointment.

Immobilienmakler Heidelberg

Makler Heidelberg

Source by Keith P

What Are the Pros and Cons of a Dual-Key Apartment?

Most people do not really understand the concept of a dual key apartment. It means that you bought a property that shares one main door and foyer. However, the primary unit and the adjoining studio were created separate entrances. In Singapore, this concept is being adapted by some developers such as the Heron Bay executive condominium at the Upper Serangoon. Even the small developments find the idea attractive enough to local and foreign families.

Best for extended families

This concept is best for extended families who want to live close to each other. With kids around and going to school within the neighborhood, having one main door is just right so they can play without inside the house but not inside each apartment because they have separate entrances. This is very safe and parents can go to work knowing their kids can bond with each other without messing the house really. This is what we call living together yet apart because of the main door concept but with separate entrances.

Prices are affordable

If you intend to buy because you need to keep the children near the school, then yes, the prices of these dual key apartments are affordable even if you have a second home. The maximum rent you can fetch is about $1,000. The three bedroom unit price is only about $837,000. First time buyers in Singapore are entitled to a $30,000 CPF housing grants. If you think you are eligible, then better get one.

Elderly parents

The units may be good for couples and elderly parents who need their respective privacies but want to live closer to each other. This idea is very new and many people are still trying to figure out how much benefit they get out of it.


For the executives and business entrepreneurs needing a separate office or home office, the dual key would be a great idea. However, there is one thing you might not like. If you ask colleagues to discuss important matters in your office, then they will know where you live. With the kind of affordable pricing and convenience that you get, you may want to reconsider this option.

Presale discounts

During presale, you get a discount with an option to resell.

What you need to know and watch out about dual key apartments

You need to know that you may not be able to rent the unit as high as you like. Sometimes, prices fluctuate. Based on the readiness of the market, you can only fetch to as high as $1,000 if you rent it out. During the construction, the market may drop, so don’t expect much about rent amount it can fetch.

Common areas

Some dual key properties may have shared kitchen and lounge. You may want to ask the seller about this before you give the downpayment. Other units share only one front entrance door and hallway. The rest is separate. If this suits you, then clarify about the shared space first.

Immobilienmakler Heidelberg

Makler Heidelberg

Source by Shirley Paul Tan

How a Notice of Interest Can Save Your Deals in Real Estate Investing

The letters NOI stand for Notice of Interest or sometimes incorrectly called a Memorandum of Contract or MOC. It is usually a one page document that stipulates that the person submitting the document for recording at the County Clerk’s Office has an equitable interest in a property because of a signed purchase and sale contract.

The NOI is most commonly used when an investor signs a purchase and sale contract with a homeowner/seller and wants to show anyone trying to make another offer on the property that he has a legal interest in the property. This is the case where someone else, usually another investor, comes along and offers the homeowner a higher price.

The practice by investors of up-bidding properties after they are under contract is getting more common in distressed markets but even happens in normal markets. The investors who regularly make statements to homeowners like, „Get your highest offer from those other guys and call me back, I’ll give you more money than any of them – I just need to see it in writing“. The ugly part of that statement is the term „in writing“ because that usually means a contract had to be signed by the homeowner.

While I can’t blame the homeowner from wanting more money, what I have seen happen most often is a black-hat investor who is trying to steal the deal, actually gets to the closing table and re-negotiates the price to below what he had originally offered the trusting seller. How do I know? I have been on the other side of his offers and had to fight to keep my sellers.

So occasionally we have to fight for our closings and I have covered this in other articles about how to do this. The ironic part is that it is a criminal offense to „induce“ someone to sign a contract when another contract is in place. The Attorney General’s Office will take these cases if you show proof and the seller cooperates – which is usually the case when the homeowner is threatened with a law suit or foreclosure.

So when we sign a contract with a seller, we almost always record a NOI in the public record which is effectively a lien against the property. I want to repeat this because the subtleties of this „lien“ are very far reaching. This NOI now has to be released as a lien on the property before the title can be transferred unless there is a foreclosure action to extinguish it, or the lien holder (the original investor/buyer) starts a foreclosure action to take the property. If this sounds harsh, it is just a solution to a problem where one party to a contract won’t hold up his end of the contractual terms – just like a lender does to a homeowner.

The NOI does not need to be signed by the homeowner/seller so anyone can put a NOI on anyone’s property. Just remember, there is usually a sign in the Clerk’s Office that says something to the effect that „If you enter a lien that is not valid, it is a felony“, so think twice about what you are doing before you do it – don’t do it in anger or it could cost you a lot in attorney’s fees.

Having said that, the courts and sometimes the recording clerk treat NOI’s as unruly in-laws. They tolerate them probably for the fees, but they don’t like them much because of historical issues with the seller not knowing these liens have been filed. Many standard real estate contracts specifically forbid filing a notice of interest to be recorded in the public record. This prohibition can be overcome by striking this clause pertaining to it and having both seller and buyer initial it, or adding an over-riding clause or addendum to your contract.

Once a NOI is filed in the public record, the next time the title to the property is transferred, the title agent will have to have a Release of Lien for the NOI signed to write a title policy on the property or note it as an „exception“ in the policy. If the NOI is not extinguished by a Release of Lien, the title has been „clouded“ and needs to be cleared and a transfer to a new buyer may not properly take place.

This is where you come in to release the lien and it usually happens when you least expect it – just before you were planning on closing yourself! Sometimes the homeowner will call when he gets a copy of the recorded NOI from the Clerk’s Office and he didn’t expect it – either way, the seller is trying to renege on the transaction. Sometimes the seller changed his mind for a valid reason, most often it is not.

You have a couple of choices when the NOI „hits the fan“ so to say:

1.) Release the NOI using a Release of Lien document and get paid to release the lien

2.) Honker down and fight the seller to come to closing or get paid to release the lien.

In summary, your choice is personal and determined by the potential lost profit in the deal, the homeowner’s/seller’s real motive for not wanting to sell, how much you can get paid for a release of lien, and your disposition on that day. In the final analysis, the choice is yours to force the seller to come to closing or release the lien.

Immobilienmakler Heidelberg

Makler Heidelberg

Source by Dave Dinkel

Hospitality and Heidelberg Hotels

Being one of the best German Holiday destinations, Heidelberg is situated in the Neckar river valley. Since it has the best university of Germany, Ruprecht-Karls-Universität or Ruperto Carola, the place all through the year attracts number of scholars and students from all over the world. The beauty of its old town, perfect cozy ambience of its pubs and the youthful air of Heidelberg makes it a very mesmerizing vacation spot. Hotels in Heidelberg can be found in plenty ranging from luxury hotels to economical ones. Throughout Heidelberg, the hospitality of its hotels is excellent. As a travel destination, Heidelberg is full of exciting places to visit. Some of the best picks have been mentioned below for your convenience.

Heidelberg Castle

On the door of the half-ruined castle of Heidelberg hangs an iron ring. Going by the myths, anyone who bites through the ring has the right to claim the castle. This castle is the best architectural magnificence of Heidelberg. To find more about the history of the Heidelberg castle it is suggested that you buy castle travel guide that is readily available at the ticket office. Or if you simply want to savor the stupefying views around then you may leave out the handbook. Although entering the castle gardens is for free, there is an entrance ticket for the Castle courtyard.

Altstadt -The Old Town

Being a small town, every nook and corner of Altstadt is within one’s reach. To begin with, you may start off from Bismarckplatz to reach Hauptstrasse- also called the high street- on foot. On the High Street you can have a ball of time by shopping along the arcades and relaxing at many roadside kiosks purveying sumptuous snacks and coffee. To make things easier, you can even arrange for a day tour with the Heidelberg Tourist Office that will help you travel around the place for about 2 hours.

The River Neckar

Next to the Old Town is River Neckar. In this area you will find a fleet of passenger ship docked on the river. Leasing one of the ships for a 3 hour joyride around the Neckar Valley is the best and the most ideal way to explore this idyllic spot. While cruising around the place you no doubt marvel at the exquisiteness of the quaint villages about River Neckar.

Or if you are an audacious adventurer, then renting a bike would definitely make your soul happy. For bike hiring services you may contact PerBike, Bergheimer Strasse 125. Pedaling is another funky way to explore Heidelberg. Special cycle paths have been designed for the cyclist. Therefore with more road space the views would be all the more interesting and beautiful.

Accommodation, as mentioned earlier, is never a problem in Heidelberg. Hotels in Heidelberg come in all ranges. Well equipped with all basic facilities and services, Heidelberg Hotels offer every other service to meet all your needs and requirements whether you are on a business trip or on vacation tour. So visit Heidelberg and witness its beauty by your own eyes to believe us.

Immobilienmakler Heidelberg

Makler Heidelberg

Source by Nancy E Eben

The Dwarf and Barrel At Heidelberg Castle

Heidelberg Castle, or Schloss, is a labyrinth of interesting rooms and fascinating legends. Reality and fable come together when you see the Tun – a mammoth wine barrel, and you learn about the dwarf – the barrel’s mythical protector.

Heidelberg Schloss rests on a mount above the city along the Necker River in Germany. Part of it lies in ruins, blown-up by the French in 1689 during the Nine Years War. Many legends arose from the ruins including ghosts and witches A favorite is about the Tun and Perkeo the Dwarf.

Within the castle is a gigantic wine barrel that holds 220,000 liters, or 58,100 gallons. It is referred to as the Heidelberg Tun. Germans call it the Großes Fass. Built in 1751, it consumed 130 oak trees.

The Tun is mentioned in literature by the following famous authors: 

  • Jules Vernes, Five Weeks in A Balloon
  • Mark Twain, A Tram Abroad
  • Victor Hugo, Les Miserables
  • Washington Irving, The Specter Bridegroom

As a monthly visitor to Heidelberg, I heard about the Tun, but like the Alps or the Grand Canyon, you must see it in person to appreciate the scale. Why did someone need a barrel of that size? Apparrently, the castle was sometimes under siege. The Tun provided enough wine for a long defense. Before the tramway was built, some casualties likely occurred when soldiers rolled individual barrels up the steep slope to the the castle.

As you admire the Tun, you will hear about Perkeo the Dwarf. Perkeo was the jester under the local ruler, Elector Karl Phillip. Among his duties was protecting the Tun. The dwarf was a hard drinker who guarded and sampled a limitless amount of wine. He never turned town a drink. Perkeo is Italian for’why not?‘ – the answer someone received when offering him a cup. Consuming only wine, the dwarf lived a long life. Poor Perkeo substituted wine with just one glass of water and died the next day.

Immobilienmakler Heidelberg

Makler Heidelberg

Source by Mark F Weber

New Beginnings – Buying A Home

Buying a home often represents a new beginning, whether you are moving to a different area of town or moving to a new city or state.

There are many steps involved in buying a home, and the process can seem overwhelming. Whether you are a first-time home buyer or have bought and sold many times; the process is complicated and ever changing.

The first step is choosing a realtor. Not all real estate practitioners are REALTORS®; the term REALTOR® is a registered trademark that identifies a real estate professional who is a member of the NATIONAL ASSOCIATION of REALTORS® and subscribes to its strict Code of Ethics. They can assist you by guiding you through the process; providing objective information for you, helping you find the best property, translating real estate lingo into terms you can understand; and they will act as your agent throughout the process.

When interviewing agents to assist you with your home purchase, make sure you understand how they will be representing you. Are they working for the seller? Are they dual-agents, or do they work as a buyer’s agent? You’ll want to make sure they are representing you, and only you.

The next step is to have a conversation with a mortgage professional. Working with a reputable mortgage broker is essential to a hassle free closing. It is the mortgage professional’s responsibility to provide financing for your new home.

Schedule an appointment early in your house hunting process. Your broker will work with you to identify any credit issues that need to be addressed prior to closing on your new home. Based upon the information presented to them, they will also let you know how much of a loan you qualify for. This information is vital to you and your Realtor when shopping for a home.

Your first appointment with your broker will entail providing financial and historical information for the Loan Application. This information will include but is not limited to the following:

– 2 Year Employment History

– If you plan to use a VA Loan your Certification of Eligibility

– If you plan to use a VA Loan and are relocating your Orders

– 2 Year Rental or Mortgage History

– Vital Statistics for you and your spouse (Birthdate, Social, Kids, Assets, Liabilities, etc)

– Last 2 Years W-2s

– Last 2 Pay Stubs

– Last 2 Bank Statements

– Last 2 Quarterly Retirements Account Statements

Your broker will pull a tri-merged credit report to review your credit history. This report shows everything reporting to each credit bureau (Experian, Equifax and TransUnion). Not all creditors report to all three bureaus so your scores may vary. The lender will use your mid-score when evaluating which loan programs you qualify for.

Should your credit report show derogatory information reporting, your Broker can assist you with credit repair options to improve your credit worthiness.

The only liabilities that will be counted in your Debt-to-Income Ratio will be those that report to the credit bureaus. So, regular household bills like utilities, auto insurance, cable do you factor into the mix. If you do not have a minimum of three trade lines reporting, some financing programs allow you to use standard monthly bills in lieu of revolving trade lines like credit cards.

Once all of this information is obtained, your Broker will be able to calculate the amount of loan you qualify for. Many factors are considered when qualifying you for a loan:

– Gross Income

– Liabilities

– Interest Rate

– Loan Type

– Payment

The standard Debt-to-Income Ratio should fall between 40-45%. When discussing your financing options, it is important to know where you would like to keep your PITI payment. You may qualify for more then you feel comfortable paying each month.

Once this number has been determined, and all documentation has been provided, your Broker can shop your loan with many lenders and qualify you for the loan program that will suit your unique circumstances.

At this point, your Broker will put together a Good Faith Estimate. This document will show you estimated costs involved with closing your loan. If you are using a VA Loan there is a funding fee that is built into the financing. It will also estimate your monthly payment based on current interest rates for the loan program you are qualifying for.

Now that you know how much you qualify for and the payment you feel comfortable with you can shop for a house within your budget.

Your Broker will advise you not to make any new credit purchases or apply for new credit until your loan closes as this will affect your credit score and Debt-to-Income Ratio.

Once you have your initial meeting with a mortgage professional, you should decide where you want to live. If you are getting ready to move to a new area, use the internet as a starting point. Research schools, demographics, crime statistics; research any and everything that is important to you. A sampling of some web sites to get you started:

Scorecard generates a pollution report card at the county level, giving information on such topics as air and water quality.

School Matters – shows academy performance

The U.S. Environmental Protection Agency’s Has a tool that allows visitors to search a community by ZIP code for environmental facts about the area, including pollution statistics, the location of hazardous-waste sites and information about the area’s watershed.

Zip Skinny Enter your zip code to see U.S. Census data and comparison with other zip code

If you need assistance finding this information, a Realtor can provide this information for you or tell you where you can find it. Also, most Realtors have comprehensive relocation packages they can customize and send or email it to you.

After you narrow down the vicinity you want to live in, you’ll want to drive around and see if you still like the area. No matter how much research you do on the internet, nothing takes the place of seeing a neighborhood in person. Pay attention to the upkeep of the neighborhood and look at the surrounding traffic. Does it have the components you are looking for? Is it close to shopping, close to work, close to schools? Does it consist of families, or singles, or working couples? Does it seem safe? Are the homes tidy and well-maintained? Are the streets quiet?

Once you decide on the area, then you can start looking at potential homes. Remember, first focus on the location of the house. From there, focus on the floor plan; whether it is a ranch, bi-level, 2-story, etc. The two things you can’t change in a house are the location and the floor plan; almost everything else can be modified. Different floor plans suit different needs; you may want a ranch with no steps, you may want a bi-level and the kids to have their bedrooms in the basement; you may want a two-story with the bedrooms on the 2nd story and for the main level to be the living area.

In- person property searches can take an afternoon or months, some people like the first house they see, and others see 75 before they find the perfect house. As you walk through a potential house the first time, see if you can imagine yourself living in it, will it fit your lifestyle and all of the things that are important to you. As you leave the house, decide on a scale of 1 to 10, with 10 being the highest rating, where it fits within the range. If it is a 2, discard the info on the house. If it’s a 7 or 8, put it in a „keep pile“. If you spend a couple of days looking, you should be able to narrow it down to your top 3 or 4. You’ll want to look at your top houses again, this time with a more critical eye. Is there anything you missed the first time? Do you still like it? Drive the neighborhood during different times of the day and on different days of the week. Make sure you like the neighborhood, ask questions of the neighbors. Most people are very eager to tell you about the area and why they do or do not like living there. Remember, location, location, location. Ideally you want to buy in an established neighborhood; and you don’t want to fall in love with the most expensive house on the block. You always need to think about resale. If all of the other houses are 3 bedrooms, and the one you love only has one bedroom which is all you need; you may want to think twice about it. Are you going to be able to resell it?

Then, after you have decided you have found your perfect dream house, have your Realtor do a comparative market analysis, CMA, for you. The purpose of this research is to see what comparable houses have been selling for in the same area during the last several months. No matter how much you love it, you want to know if it is priced fairly. If it is overpriced or under-priced, either way you’ll want to know. Remember, the more informed you are the better. The CMA will provide information that can help you decide on your beginning offer price.

The next step is to have your Realtor write an offer with the terms and price you want to offer. Before writing the offer, you’ll want to discuss the purchase price, earnest money, what’s included with the property, closing date, and all types of other pertinent details with your agent. All of these details should be included in the offer. Once the offer is written and you have signed it and written an earnest money check, the Realtor presents the offer along with your prequalification letter to the listing agent who is representing the seller or in some areas it is customary for your agent to present it directly to the listing agent and the sellers at the same time The response to your offer can have several different outcomes; (1) no response from the seller (2) acceptance by the seller with no changes to the offer (3) a counteroffer from the seller which can including anything from the price, to the closing date, to the inspection dates, to the earnest money. Anything in the offer can be subject to a counter. The response from the seller will determine your next move. Ultimately, you and the seller want to come to a joint agreement on all facets of the offer and this will be signed by both parties and detailed out in the counteroffer. In today’s market conditions, many buyers are asking sellers to pay for their closing costs, as well as a home warranty. As a buyer, make sure you thoroughly understand the offer and all of its components. Once it is signed by both the buyer and the seller, it becomes a binding legal contract enforceable by law. In many states, Realtors are required to use state approved legal contracts and forms, and you can get always have a lawyer review the contract.

Once the contract becomes accepted, then you and realtor really start to work. The title commitment (or abstract) is ordered and you, your Realtor and your lender will receive a copy of it. Your agent will help you read through it to make sure you understand the requirements and exceptions that come with the property. This is a very important step, as the title company will be issuing an insurance policy guaranteeing that you have clear title to the property.

Once you have an accepted contract, your Broker will update your application per the contract and submit your file to the lender’s underwriter. Depending on how long it took to find your house, the lender may require you resign the loan documents. The underwriter will review all of the documentation and verifications provided by your broker. Depending on your personal situation the underwriter may ask for additional information or clarification regarding your credit history. This is called a CONDITIONAL LOAN APPROVAL. This means, as long as you can provide the additional documentation, the underwriter will approve your loan.

The most common items on a conditional loan approval list are:

– Letter of explanation on credit history

– Pay off old credit accounts or proof they were paid

– Provide proof of home owners insurance

– Update the title insurance with the lender’s information

– Provide updated pay stubs and bank statements

– Appraisal of the property

– Lock the interest rate

One of the most important steps in the process is to lock in your interest rate. Each lender has their own set of requirements for locking a loan. The rate you were quoted on your Good Faith Estimate is only an estimate based on market conditions at the time of your prequalification. Locking your rate will be a decision you and your Broker will make together prior to closing your loan. Rates are currently at a 28 month low, however rates are subject to change daily, and often times multiple times a day.

From the time your Loan Application is submitted to underwriting until closing can take appx. 21 days. Timing is often times dictated by the time of month you plan to close, how long it takes to gather the Loan Conditions, and the closing date on your contract.

While your loan is going through underwriting, you and your Realtor will get the inspections scheduled. General inspection, structural inspection, termites, radon are just a few of the inspections that can be scheduled and these vary from area to area of the country. As an example, In the Rocky Mountain area you may want to have a structural inspection because of the expansive soil and underground mines; in the Midwest you may have to have an inspection for termites. Your Realtor can suggest the appropriate ones for your area. Remember, this is one of the most expensive purchases of your life, you want to know the condition of the property you are buying. Safety concerns and other major ticket items that come up during the inspection can result in a laundry list of items that a buyer may ask to have repaired or replaced. The seller doesn’t have to agree to fix anything, but it doesn’t hurt to ask. If a contract is going to fall apart, it is usually because the seller and buyer can’t come to terms on inspection items, or it is due to the buyer not being able to qualify for a loan.

If your financing gets secured, if the property appraises correctly, if you come to terms on the inspection(s), if the title (or abstract) looks O.K., and if you get your home insurance secured, then chances are you will close on the property and the property ownership will get transferred to you.

One last thing that should be done before closing, is to conduct a final walk-through of the property. This isn’t a chance for another inspection, but the buyer should make sure that nothing has changed in the property from their last walk-through and the buyer will want to confirm that any personal property negotiated as part of the contract is still there. As an example, if the offer included the refrigerator and washer and dryer; these items should still be in the property during the walk-through. If the property had storm windows on all of the windows, then they should be there during the walk-through.

When a successful closing occurs, it’s the result of a team effort between you, your realtor, your lender, the seller, and the seller’s lender. It’s a perfect way to start a new beginning.

Immobilienmakler Heidelberg

Makler Heidelberg

Source by Kathy Torline

4 Gesundheits- und Sicherheitsrichtlinien für Pflegeheime, die jeder Mitarbeiter kennen muss

Die Pflege von Menschen in Not ist eine edle Aufgabe, die Pflegeheime seit langem erfüllen. Es ist ein Sektor, der das Wohlergehen aller fördert. Ein Pflegeheim besteht aus Menschen wie Besitzer, Manager, Personal und den Menschen, die in dieser Umgebung leben. Ein Pflegeheim kann unterschiedlicher Art sein – stationäre Pflege, Pflege oder Demenzpflege und eines für ältere Erwachsene. Jede erfordert eine andere Gesundheits- und Sicherheitsrichtlinie für Pflegeheime mit spezifischen Anforderungen.

Es ist eine Art Gesundheitsprogramm, das sich durch die Bereitstellung einer Ressource für betroffenes Personal in Pflegeheimen auszeichnet. Die wichtigsten Implikationen sind:

  • Gesetzliche Pflichten

Von den verschiedenen Gesetzen, die Gesundheits- und Sicherheitsvorschriften am Arbeitsplatz regeln, sind die am besten anwendbaren:

  • Arbeitsschutzgesetz 1974

  • Gewohnheitsrecht

  • Vorschriften zur Meldung von Verletzungen, Krankheiten und gefährlichen Ereignissen

  • Kontrolle gesundheitsgefährdender Stoffe

  • Management der Arbeitsschutzverordnung 1999

Die oben genannten Gesetze ermöglichen es Arbeitgebern, ihre Pflichten zur Gewährleistung eines sicheren und geschützten Arbeitsumfelds zu erfüllen. Es umfasst alle Krankheiten, die durch biologische Gefahren, Drogenexposition, durch Blut übertragene Krankheitserreger, Atemwegskomplikationen sowie Gewalt am Arbeitsplatz verursacht werden.

  • Einrichtungen

Die Richtlinie umfasst auch die verschiedenen Gesundheitseinrichtungen, die eine Organisation ihren Mitarbeitern in angemessener Menge zur Verfügung stellt. Zu den Tierschutzmaßnahmen gehören auch der sichere Umgang und die ordnungsgemäße Lagerung potenziell gefährlicher Stoffe.

  • Ausbildung

Ein weiterer wichtiger Bestandteil einer Richtlinie ist die Bereitstellung von Informationsschulungen mit spezifischen Richtlinien für Mitarbeiter unter fachkundiger Aufsicht. Die Schulung würdigt auch die Bemühungen der Mitarbeiter, indem sie ihnen eine Haftpflichtversicherung bescheinigen.

  • Richtlinien

Das Regelwerk, das für einen Mitarbeiter skizziert wird, verdeutlicht ihm auch seine Pflichten, angemessen auf die Gesundheit des anderen zu achten. Außerdem sind die grundlegenden Richtlinien, die man bei der Arbeit in einem Pflegeheim befolgen muss,

  • Aufmerksam sein

Während man sich in einem Pflegeheim aufhält, muss man seine ganze Aufmerksamkeit darauf verwenden, eine gefahrfreie Umgebung zu schaffen. Eine kleine oder normale nachlässige Haltung wie Teppiche oder rutschige Oberflächen können sowohl Hausmeister als auch Bewohner wie einen großen Fehler kosten.

Achten Sie auch auf die Haustiere und stellen Sie sicher, dass sie sich in sicherer Entfernung von kranken Personen befinden, da ihre Anwesenheit die Bedingungen verschärfen kann. Es wurde berichtet, dass die Hälfte der innerbetrieblichen Unfälle auf dumme Fehler und Nachlässigkeit zurückzuführen sind. Daher sollten sich alle Mitarbeiter Notizen machen, wie die Umgebung mit angemessener Sicherheit organisiert werden kann.

  • Notdienste

Die Leistungserbringer müssen auch vollständige Kenntnisse über die Kontaktdaten von Notdiensten in der Nähe wie Polizei, Feuerwehr oder Krankenwagen haben. Sie müssen sich des Sicherheitsprofils der Nachbarschaft bewusst sein und sollten wachsam bleiben, wenn sie verdächtige Aktivitäten in der unmittelbaren Umgebung beobachten.

  • Dokumentation

Die Aufzeichnung der Vorgeschichte der medizinischen Probleme jeder Person ist auch eines der Hauptmerkmale einer Gesundheits- und Sicherheitspolitik. Ein Hausmeister sollte auch bei bester Gesundheit sein, um für das Wohlergehen anderer Menschen sorgen zu können, und wenn dies nicht der Fall ist, haftet er oder sie sicherlich nicht für diese Pflicht.

  • Sicherheitswerkzeuge

Ein Hausmeister muss auch genau wissen, wie die Sicherheitswerkzeuge funktionieren und wie sie bedient werden. Eine weit verbreitete Vorstellung über Gesundheitssektoren ist, dass sie die höchsten Raten arbeitsbedingter Verletzungen und Krankheiten aufweisen. Daher sollte jeder Arbeiter wissen, wie er mit den kritischen Bedingungen umgeht, ohne die Fassung zu verlieren.

Ein Hausmeister, der in einem Pflegeheim für ältere Menschen arbeitet, klagt oft über Rückenschmerzen, da er ständig ältere Menschen heben und bewegen muss. Dies führt zu muskulären und skelettalen Gefahren zusammen mit anderen stressauslösenden Faktoren.

Das Gesundheits- und Sozialwesen zieht enorme Vorteile aus der Sicherheitspolitik und ist in jedem Sektor von größter Bedeutung. Das Wissen um die Auswirkungen, denen ein Mitarbeiter seine Hilfe widmen muss, wird ihn dazu bringen, seine Pflichten und Verantwortlichkeiten auf neu eingerichtete Weise zu erkennen.

Immobilienmakler Heidelberg

Makler Heidelberg

Source by Albert Cook

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