before rushing to "ink the deal‚" understand that real estate professionals are required to provide written disclosures to their clients on a variety of important items necessary to the transaction‚ as they directly affect the buying or selling decision. Here are 8 areas where written disclosure should be or are required: 1. Affiliate Disclosures. These days‚ it’s common for a mortgage company to have a business interest in a title company or a real estate brokerage to also own a mortgage company. These
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Real Estate Marketing & Branding. Contents: 1. Real Estate Industry Branding. 2. Marketing Communication. 3. Customer Relationship Management. 4. Communication Points for Redevelopment. 5. Name Game in Real Estate Industries. 1. Real Estate Industry Branding Same Basics‚ Different Dynamics: The branding basics applicable to the real estate business are no different from branding in any other sector. The principles are the same‚ even if the applications are
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Urban real estate information systems: the suppression of radical innovation. John S Kirkwood School of Environment & Development‚ Sheffield Hallam University E-mail: j.s.kirkwood@shu.ac.uk ___________________________________________________________________________________ John S Kirkwood Page 1 5/02/2003 Abstract Information and communications technologies are continuing to bring about significant changes in society. These changes may be viewed as the direct consequence of technological
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FIN 331 Final Exam Study Guide 10/15/13 6:34 PM Intro to Real Estate & Time Value of Money • • • Mortgage – a loan you get to buy to piece of property where the property serves as collateral Equity – the amount of your money in the property Down payment – a one time name for your equity o House $150‚000 Mortgage - 120‚000 Equity 30‚000 à Down payment 30‚000 ÷ 150.000 = 20% **What banks like to see • • As you pay off your mortgage‚ your equity goes up LTV (loan to value)
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Subject: Hollywood Real Estate Development Recommendation I recommend that we invest in the project at Hollywood and Highland over the project at Sunset and Vine. The Hollywood and Highland project meets all five underwriting requirements for investment criteria‚ whereas the Sunset and Vine project does not have the same community support and as a result could encounter complications that could delay construction. Furthermore‚ the Hollywood and Highland project yields a five-year internal
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In the passage “The Supermarket: Prime Real Estate‚” by Marion Nestle‚ Nestle informs readers about supermarkets all over the country that influence their customer’s choices by the layout of their store and specific ways products are sold. Nestle goes into detail about these tactics and the huge amount of research that has gone into consumer science. She continues by discussing why supermarkets are a market similar to real estate‚ how companies rent space‚ and how it all works together to make customers
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inform the prospective home buyer that the advertised item is no longer available and attempt to sell the customer to a more expensive home. Based on my home buying experience‚ I found this to be a common marketing method used by home developers and real estate agents. I experienced bait-and-switch advertising during my interaction with Escala‚ a new home development in Mission Valley‚ three years ago. When I first saw the area being prepared for home building‚ I was anxious to find out details
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worth $210‚000 which they paid $105‚000 for 8 years ago. The tenant pays $175 per week. There is an interest only line of credit of $110‚000 costing 7.5% p.a. The body corporate fees are $500 per quarter‚ Water rates are $250 per quarter and the Real Estate agent managing the property charges 7%. Insurance on the contents is $350 p.a. They have three children 9 months old‚ 2 year old and 4 year old and all attend day care while she is working. It costs them $2‚470 per month. He has a Self Managed
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Question 1 of 35 1.0 Points 1. A gross lease is where tenants pay all expenses True False Answer Key: False Question 2 of 35 1.0 Points 2. The term “usable area” is typically synonymous with “leaseable area.” True False Answer Key: False Question 3 of 35 1.0 Points 3. Expense stops protect the lessee from unexpected changes in market rents. True False Answer Key: True Question 4 of 35 1.0 Points 4. The sales comparison approach to appraisal is preferred because it
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of Common Law and within the boundaries of the Statue of Frauds. The most relevant of the types of contracts which fall within the Statue of Frauds‚ is an agreement for the sale of land and for an interest in land‚ or an agreement by a purchaser of real property to pay an indebtedness
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