Have you had a chance to delve deeply into the database of foreclosed properties on remax.com?
If you sign up for a free seven-day trial membership, you have access to detailed information about any property in which you're interested. This includes:
Property Details - Square footage, number of bedrooms and bathrooms, year built, estimated market value, foreclosure information, and auction date and location (if applicable).
Lien & Loan History - Amount owed on the mortgage or mortgages, lender's name, owner's name, date and amount of prior sales.
Comparable Sales - Sale price and other basic information on homes recently sold in the same area.
Trends - Estimates of the home's value month by month from 2007 to now, average sale price in the ZIP code throughout the past two years , and foreclosure activity in the ZIP code this year.
This is a tremendous amount of information. It can certainly help you evaluate whether to pursue a possible purchase and how much to offer.
All this data can be overwhelming, though - especially if you haven't purchased a foreclosure before. That's where I can help. I can interpret and analyze the data for you and provide guidance as you move forward.
I can help you contrast and compare properties, and maybe uncover that hidden gem that you might have otherwise missed. Equally as important, I can steer you away from properties that might be more trouble than they're worth.
When it comes time to make an offer, I'll help you arrive at a price that works for you and one that is likely to be accepted.
There has rarely been a better time to buy a home. Give me a call and I'll work hard to find you the right home at the right price.
Dallas Chambers
RE/MAX Agents Realty
Office: 770-922-7777 X316
Cell: 770-595-1541
Web: http://dallaschambers.agentsrealty.com/
E-Mail: dallasc@remax.net
Each Office Independently Owned and Operated. All information deemed reliable but not guaranteed.
Thursday, December 31, 2009
Tuesday, December 29, 2009
Foreclosure, Short Sale, REO
First, foreclosed properties are not all the same. When homeowners
default on mortgage payments, there are three possible outcomes
involving the sale of the home. (A fourth possibility is that the
homeowner pays off the default amount of the loan, thereby keeping
the house.) As a buyer, you can be involved at any of these stages:
1. After defaulting on the mortgage, the owner sells the home
during a grace period determined by state law. This is known as
the pre-foreclosure period.
2. The property is sold at public auction at the end of the pre-
foreclosure period.
3. The lender (or a government agency such as HUD) takes
possession of the home with the intent of selling it on the open
market. These properties are known as REOs (Real Estate
Owned by the lender or the government).
I can help you purchase a home at these stages:
Pre-Foreclosure
You and I would work directly with the owner or a listing agent. You
have time to research the title and condition of the property and
structure an offer that reflects the property and market conditions.
The lender will sometimes agree to a short sale - meaning the home
sells for less than the homeowner owes on the mortgage. This option
better preserves the homeowner's credit, and the lender generally
suffers a smaller loss than in a foreclosure.
REOs
The lender/owner will typically have cleared the title and performed
basic repairs and maintenance. You may not get quite as good a price
at this stage as you would have earlier. In the case of HUD homes -
which involve defaults of FHA or VA-backed mortgages - we would be
working with an agent who lists all or most of the HUD homes in your
area.
I hope you've found this information useful. Please give me a call and
I'll be glad to answer any other questions you have about buying a
foreclosure or pre-foreclosure. And if the time comes when you're
ready to move forward with a purchase, I'd be honored to represent
you.
Dallas Chambers
RE/MAX Agents Realty
Office: 770-922-7777 X316
Cell: 770-595-1541
Web: http://dallaschambers.agentsrealty.com/
E-Mail: dallasc@remax.net
Each Office Independently Owned and Operated. All information deemed reliable but not guaranteed.
default on mortgage payments, there are three possible outcomes
involving the sale of the home. (A fourth possibility is that the
homeowner pays off the default amount of the loan, thereby keeping
the house.) As a buyer, you can be involved at any of these stages:
1. After defaulting on the mortgage, the owner sells the home
during a grace period determined by state law. This is known as
the pre-foreclosure period.
2. The property is sold at public auction at the end of the pre-
foreclosure period.
3. The lender (or a government agency such as HUD) takes
possession of the home with the intent of selling it on the open
market. These properties are known as REOs (Real Estate
Owned by the lender or the government).
I can help you purchase a home at these stages:
Pre-Foreclosure
You and I would work directly with the owner or a listing agent. You
have time to research the title and condition of the property and
structure an offer that reflects the property and market conditions.
The lender will sometimes agree to a short sale - meaning the home
sells for less than the homeowner owes on the mortgage. This option
better preserves the homeowner's credit, and the lender generally
suffers a smaller loss than in a foreclosure.
REOs
The lender/owner will typically have cleared the title and performed
basic repairs and maintenance. You may not get quite as good a price
at this stage as you would have earlier. In the case of HUD homes -
which involve defaults of FHA or VA-backed mortgages - we would be
working with an agent who lists all or most of the HUD homes in your
area.
I hope you've found this information useful. Please give me a call and
I'll be glad to answer any other questions you have about buying a
foreclosure or pre-foreclosure. And if the time comes when you're
ready to move forward with a purchase, I'd be honored to represent
you.
Dallas Chambers
RE/MAX Agents Realty
Office: 770-922-7777 X316
Cell: 770-595-1541
Web: http://dallaschambers.agentsrealty.com/
E-Mail: dallasc@remax.net
Each Office Independently Owned and Operated. All information deemed reliable but not guaranteed.
Monday, December 28, 2009
Buying A Foreclosure
Remax.com now includes information on properties at each stage of foreclosure: pre-foreclosure, auction and bank-owned. You can search by several criteria, including city, county and ZIP code and type of property (default, auction or bank-owned).
You can receive more detailed information on any property by signing up for a free seven-day trial membership. This advanced information includes the address, loan and lien history, sales history, tax assessment data and recent comparable sales. If there's anything you see that you don't understand or that you'd like me to analyze for you, I'd be glad to help.
Buying a foreclosure is different from a more traditional real estate transaction. You can get a good deal, but there are often challenges involved. I can guide you through the transaction and help you find the right home at the right price.
Dallas Chambers
RE/MAX Agents Realty
Office: 770-922-7777 X316
Cell: 770-595-1541
http://dallaschambers.agentsrealty.com/
E-Mail: dallasc@remax.net
Each Office Independently Owned and Operated. All information deemed reliable but not guaranteed.
You can receive more detailed information on any property by signing up for a free seven-day trial membership. This advanced information includes the address, loan and lien history, sales history, tax assessment data and recent comparable sales. If there's anything you see that you don't understand or that you'd like me to analyze for you, I'd be glad to help.
Buying a foreclosure is different from a more traditional real estate transaction. You can get a good deal, but there are often challenges involved. I can guide you through the transaction and help you find the right home at the right price.
Dallas Chambers
RE/MAX Agents Realty
Office: 770-922-7777 X316
Cell: 770-595-1541
http://dallaschambers.agentsrealty.com/
E-Mail: dallasc@remax.net
Each Office Independently Owned and Operated. All information deemed reliable but not guaranteed.
Saturday, December 26, 2009
Test Your Home Maintenance IQ
Knowing how to maintain your home is an essiential part of protecting your investment. Regular maintenance now can prevent huge expenditures in the future.
Here is a quick rundown of the most common home maintenance misconceptions.
Noisy pipes are just house settling, nothing to worry about.
FALSE: The underlying cause of noisy pipes could be associated with viberations that loosen fittings and cause costly leaks.
Use salt during winter weather for traction on walkways.
FALSE: Salt can actually cause unsightly damage to pavement. Opt for kiyy litter or sand to do the trick without marring the pavement.
Hot water aids the breakdown of debris through the garbage disposal.
FALSE: Avoid clogs by using cold water during garbage disposal operation to solidify and flush greasy waste.
Run ceiling fans in the summer only to keep cool.
FALSE: In the winter, ceiling fans aid heating by circulating warm air that accumulates near the ceiling. For maximum efficiency, run ceiling fans clofckwise in the winter and counterclockwise in the summer.
Call me when you're ready to buy or sell. I can guide you through the complexities of real estate.
Dallas Chambers
RE/MAX Agents Realty
Office: 770-922-7777 X316
Cell: 770-595-1541
Web: http://dallaschambers.agentsrealty.com/
E-Mail: dallasc@remax.net
Each Office Independently Owned and Operated. All information deemed reliable but not guaranteed.
Here is a quick rundown of the most common home maintenance misconceptions.
Noisy pipes are just house settling, nothing to worry about.
FALSE: The underlying cause of noisy pipes could be associated with viberations that loosen fittings and cause costly leaks.
Use salt during winter weather for traction on walkways.
FALSE: Salt can actually cause unsightly damage to pavement. Opt for kiyy litter or sand to do the trick without marring the pavement.
Hot water aids the breakdown of debris through the garbage disposal.
FALSE: Avoid clogs by using cold water during garbage disposal operation to solidify and flush greasy waste.
Run ceiling fans in the summer only to keep cool.
FALSE: In the winter, ceiling fans aid heating by circulating warm air that accumulates near the ceiling. For maximum efficiency, run ceiling fans clofckwise in the winter and counterclockwise in the summer.
Call me when you're ready to buy or sell. I can guide you through the complexities of real estate.
Dallas Chambers
RE/MAX Agents Realty
Office: 770-922-7777 X316
Cell: 770-595-1541
Web: http://dallaschambers.agentsrealty.com/
E-Mail: dallasc@remax.net
Each Office Independently Owned and Operated. All information deemed reliable but not guaranteed.
Friday, December 25, 2009
Breathe Easier
Poor air quality in the home can cause respiratory damage and aggrevate allergies and asthma. Preventive action and vigilance are the keys to keeping your air safe and clean.
Common appliances and home furnishing can negatively impact air quality. Today, more buyers are requesting air quality studies before sealing the deal. Increase air quality and protect the value of your home by knowing the threats. Be vigilant about these major enemies to air quality.
Radon: Odorless, colorless gas that, over time, can increase the risk of lung cancer. Test air regularly with testing kits and immediately address the root cause.
Carbon Monoxide: Poisoning from carbon monoxide gas can have fatal results. Appliances that burn gas, propane, fuel oil or wood release carbon monoxide. Install carbon monoxide detectives to monitor levels and keep your home well ventilated.
Formaldehyde vapor Pressed wood products like cabinetry and furniture using formaldehyde-based resins can cause irritation and are a suspected cancer-causing agent. Reduce the effects by keeping the temperature in your home below 80 degrees farenheit and opt for phenol resin products.
Asbestos: Inhaling asbestos fibers can cause serious respiratory illness. Call a professional to repair or replace asbestos-containing elements.
Dallas Chambers
RE/MAX Agents Realty
Office: 770-922-7777 X316
Cell: 770-595-1541
Web: http://dallaschambers.agentsrealty.com/
E-Mail: dallasc@remax.net
Each Office Independently Owned and Operated. All information deemed reliable but not guaranteed.
Common appliances and home furnishing can negatively impact air quality. Today, more buyers are requesting air quality studies before sealing the deal. Increase air quality and protect the value of your home by knowing the threats. Be vigilant about these major enemies to air quality.
Radon: Odorless, colorless gas that, over time, can increase the risk of lung cancer. Test air regularly with testing kits and immediately address the root cause.
Carbon Monoxide: Poisoning from carbon monoxide gas can have fatal results. Appliances that burn gas, propane, fuel oil or wood release carbon monoxide. Install carbon monoxide detectives to monitor levels and keep your home well ventilated.
Formaldehyde vapor Pressed wood products like cabinetry and furniture using formaldehyde-based resins can cause irritation and are a suspected cancer-causing agent. Reduce the effects by keeping the temperature in your home below 80 degrees farenheit and opt for phenol resin products.
Asbestos: Inhaling asbestos fibers can cause serious respiratory illness. Call a professional to repair or replace asbestos-containing elements.
Dallas Chambers
RE/MAX Agents Realty
Office: 770-922-7777 X316
Cell: 770-595-1541
Web: http://dallaschambers.agentsrealty.com/
E-Mail: dallasc@remax.net
Each Office Independently Owned and Operated. All information deemed reliable but not guaranteed.
Thursday, December 24, 2009
Buying A Heat Efficient Home
Drafty windows and poor insulation can significantly drive up the price of homeownership.
DON'T BURN A HOLE IN YOUR POCKET
Pay attention to the heating and cooling capacity of a prospective property to avoid getting burned by high energy bills. Call the utility company for an estimate of typical energy usage as a guide. Aside from apparent issues, like drafts, here are some less obvious things to consider.
High ceiling and multi-level dwellings force your heating and cooling system to work harder to regulate tempertaures.
Seek out advanced control systems that allow you to isolate temperature settings by room or time of day.
Vents located under windows or large rooms lacking vents increase heating and cooling bills if not property addressed.
Check for drafts around doors, windows electrical outlets and fireplaces. Address drafts immediately and reap energy savings of up to 30% per year.
My skills and experience can help you recognize costly details in your new home. If you're ready to by, call me!
Dallas Chambers
RE/MAX Agents Realty
Office: 770-922-7777 X316
Cell: 770-595-1541
Web: http://dallaschambers.agentsrealty.com/
E-Mail: dallasc@remax.net
Each Office Independently Owned and Operated. All information deemed reliable but not guaranteed.
DON'T BURN A HOLE IN YOUR POCKET
Pay attention to the heating and cooling capacity of a prospective property to avoid getting burned by high energy bills. Call the utility company for an estimate of typical energy usage as a guide. Aside from apparent issues, like drafts, here are some less obvious things to consider.
High ceiling and multi-level dwellings force your heating and cooling system to work harder to regulate tempertaures.
Seek out advanced control systems that allow you to isolate temperature settings by room or time of day.
Vents located under windows or large rooms lacking vents increase heating and cooling bills if not property addressed.
Check for drafts around doors, windows electrical outlets and fireplaces. Address drafts immediately and reap energy savings of up to 30% per year.
My skills and experience can help you recognize costly details in your new home. If you're ready to by, call me!
Dallas Chambers
RE/MAX Agents Realty
Office: 770-922-7777 X316
Cell: 770-595-1541
Web: http://dallaschambers.agentsrealty.com/
E-Mail: dallasc@remax.net
Each Office Independently Owned and Operated. All information deemed reliable but not guaranteed.
Wednesday, December 23, 2009
Decorating For Holidays
Keep the holidays safe. Electrical or fire hazards lurking in your holiday lights can turn celebration to tragedy.
Safe holiday decorating will prevent you from being one of the 12,500 people in the emergency room each holiday season from falls, shocks and burns stemming from holiday decorating. Enjoy the season in style and with safety in mind using these lighting tips.
Inspect lights for cracked sockets, frayed, loose or bare wires or loose connections. Before replacing light bulbs or fuses, unplug light strings.
Don't string together more than three sets of lights into one extension cord.
Ourdoor lights should be plugged into a GFCI circuit. Never run lights through water, across driveways or sidewalks.
Make sure lights carry the "Underwriters Laboratories Approved" or "UL Listed" label for safety certification.
Have a safe and joyous holiday season. I look forward to serving your real estate needs in the future.
Dallas Chambers
RE/MAX Agents Realty
Office: 770-922-7777 X316
Cell: 770-595-1541
Web: http://dallaschambers.agentsrealty.com/
E-Mail: dallasc@remax.net
Each Office Independently Owned and Operated. All information deemed reliable but not guaranteed.
Safe holiday decorating will prevent you from being one of the 12,500 people in the emergency room each holiday season from falls, shocks and burns stemming from holiday decorating. Enjoy the season in style and with safety in mind using these lighting tips.
Inspect lights for cracked sockets, frayed, loose or bare wires or loose connections. Before replacing light bulbs or fuses, unplug light strings.
Don't string together more than three sets of lights into one extension cord.
Ourdoor lights should be plugged into a GFCI circuit. Never run lights through water, across driveways or sidewalks.
Make sure lights carry the "Underwriters Laboratories Approved" or "UL Listed" label for safety certification.
Have a safe and joyous holiday season. I look forward to serving your real estate needs in the future.
Dallas Chambers
RE/MAX Agents Realty
Office: 770-922-7777 X316
Cell: 770-595-1541
Web: http://dallaschambers.agentsrealty.com/
E-Mail: dallasc@remax.net
Each Office Independently Owned and Operated. All information deemed reliable but not guaranteed.
Tuesday, December 22, 2009
Flooring Choices
Carefully consider the type of flooring you select for each room in your home. Make choices based on room size, health concerns, traffic, and value. Certain flooring choices can increase allergens, require expensive cleanings, or costly remodeling to implement. Consider these flooring tips when selecting flooring:
Room size: Select light colored or large patterned flooring in smaller rooms to create the illusion of space.
Traffic: High traffic areas like kitchens and entryways benefit from the durability and easy cleaning of tile or laminate flooring. Maintain warmth and comfort in the bedroom and family room with carpeting.
Health: Avoid wall-to-wall carpeting if you are plagued by respiratory problems or severe allergies. Wood and tile floors are less likely to harbor dust and pollen.
Value: Because it's also considered a major piece of the decorating canvas, flooring value fluctuates with interior decorating needs. Today, hardwood floors are considered high-demand. Consider interior decorating magazines to find out what's hot now.
Installing new flooring can bring new vitality and energy to a room. Smart flooring choices can increase the overall value of your home and level of enjoyment for your family.
Dallas Chambers
RE/MAX Agents Realty
Office: 770-922-7777 X316
Cell: 770-595-1541
Web: http://dallaschambers.agentsrealty.com/
E-Mail: dallasc@remax.net
Each office independently owned and operated. All information deemed reliable but not guaranteed.
Room size: Select light colored or large patterned flooring in smaller rooms to create the illusion of space.
Traffic: High traffic areas like kitchens and entryways benefit from the durability and easy cleaning of tile or laminate flooring. Maintain warmth and comfort in the bedroom and family room with carpeting.
Health: Avoid wall-to-wall carpeting if you are plagued by respiratory problems or severe allergies. Wood and tile floors are less likely to harbor dust and pollen.
Value: Because it's also considered a major piece of the decorating canvas, flooring value fluctuates with interior decorating needs. Today, hardwood floors are considered high-demand. Consider interior decorating magazines to find out what's hot now.
Installing new flooring can bring new vitality and energy to a room. Smart flooring choices can increase the overall value of your home and level of enjoyment for your family.
Dallas Chambers
RE/MAX Agents Realty
Office: 770-922-7777 X316
Cell: 770-595-1541
Web: http://dallaschambers.agentsrealty.com/
E-Mail: dallasc@remax.net
Each office independently owned and operated. All information deemed reliable but not guaranteed.
Monday, December 21, 2009
Picture This
74% of homebuyers who used the web to search for homes drove by or viewed a home they saw online. Listings lacking a photo, or using low quality photos, run the risk of being passed over. Incorporating new venues, like virtual tours, give buyers a view of the property right from their desk. Here are some tips to increase the face value of your home's online listing photo:
Crop out sidewalks, streets, and remove vehicles from the driveway.
Steer clear of the shade, and get up-close or angled photos.
For exterior shots, make sure the kid's toys are put away and remove evidence of pets.
For interior shots, integrate floral arrangements and make the most of interior and natural lighting to highlight interesting features in each room.
If you decide to include a virtual tour, incorporate music or commentary to stimulate interest.
Ready to sell? I know where and how to best showcase your home for maximum market exposure.
Dallas Chambers
RE/MAX Agents Realty
Office: 770-922-7777 X316
Cell: 770-595-1541
Web: http://dallaschambers.agentsrealty.com/
E-Mail: dallasc@remax.net
Each Office Independently Owned and Operated. All information deemed reliable but not guaranteed.
Crop out sidewalks, streets, and remove vehicles from the driveway.
Steer clear of the shade, and get up-close or angled photos.
For exterior shots, make sure the kid's toys are put away and remove evidence of pets.
For interior shots, integrate floral arrangements and make the most of interior and natural lighting to highlight interesting features in each room.
If you decide to include a virtual tour, incorporate music or commentary to stimulate interest.
Ready to sell? I know where and how to best showcase your home for maximum market exposure.
Dallas Chambers
RE/MAX Agents Realty
Office: 770-922-7777 X316
Cell: 770-595-1541
Web: http://dallaschambers.agentsrealty.com/
E-Mail: dallasc@remax.net
Each Office Independently Owned and Operated. All information deemed reliable but not guaranteed.
Saturday, December 19, 2009
Ready To Buy?
Ask yourself these questions to decide if you're ready to take the homeownership plunge.
Have you researched the market? Knowing what homes are selling for in the area can help you determine how much you should plan to spend.
Do you have sufficient savings to cover down payment and closing costs? Expect to have 3% - 20% of the sale price in the bank to cover your down payment, plus another 2% - 7% to cover closing costs.
Do you know how much home you can afford? A mortgage payment should not exceed 25% of your gross monthly earnings. A home that sucks up more than a quarter of your income may lead to financial difficulties.
Is your cred report accurate? Inaccuracies on a credit report can cost you higher interest rates. Request your credit report from all three nationwide credit bureaus and report mistakes immediately.
If you answered yes to all these questions - you-re ready! Let me help you find your dream home!
Dallas Chambers
RE/MAX Agents Realty
Office: 770-922-7777 X316
Cell: 770-595-1541
Web: http://dallaschambers.agentsrealty.com/
E-Mail: dallasc@remax.net
Each Office Independently Owned and Operated. All information deemed reliable but not guaranteed.
Have you researched the market? Knowing what homes are selling for in the area can help you determine how much you should plan to spend.
Do you have sufficient savings to cover down payment and closing costs? Expect to have 3% - 20% of the sale price in the bank to cover your down payment, plus another 2% - 7% to cover closing costs.
Do you know how much home you can afford? A mortgage payment should not exceed 25% of your gross monthly earnings. A home that sucks up more than a quarter of your income may lead to financial difficulties.
Is your cred report accurate? Inaccuracies on a credit report can cost you higher interest rates. Request your credit report from all three nationwide credit bureaus and report mistakes immediately.
If you answered yes to all these questions - you-re ready! Let me help you find your dream home!
Dallas Chambers
RE/MAX Agents Realty
Office: 770-922-7777 X316
Cell: 770-595-1541
Web: http://dallaschambers.agentsrealty.com/
E-Mail: dallasc@remax.net
Each Office Independently Owned and Operated. All information deemed reliable but not guaranteed.
Friday, December 18, 2009
Buy With Selling In Mind
Most buyers will sell thir homes within 5 - 10 years due to expanding families, job transfers, or other factors. Keep an eye out for features that will fetch top dollar in any housing market. Here are a few features to look for:
Look to the view: Homes with an unencumbered view of nature or city lights sell higer than comparable homes without a view.
The more the merrier: Demand for homes with three or more bedrooms and at least two bathrooms is greatest.
Busy landscaping: Avoid property that is over-landscaped. The money you'll invest to keep it up may outweigh the impact on property value.
Pool profits: A pool can yield hours of family fun but don't expect it to increase resale value. The expensive upkeep and safety issues regarding young children and pools may reduce the number of interested buyers at resale.
Let my experience help you find the right home for you, now AND later.
Dallas Chambers
RE/MAX Agents Realty
Office: 770-922-7777 X316
Cell: 770-595-1541
Web: http://dallaschambers.agentsrealty.com/
E-Mail: dallasc@remax.net
Each Office Independently Owned and Operated. All information deemed reliable but not guaranteed.
Look to the view: Homes with an unencumbered view of nature or city lights sell higer than comparable homes without a view.
The more the merrier: Demand for homes with three or more bedrooms and at least two bathrooms is greatest.
Busy landscaping: Avoid property that is over-landscaped. The money you'll invest to keep it up may outweigh the impact on property value.
Pool profits: A pool can yield hours of family fun but don't expect it to increase resale value. The expensive upkeep and safety issues regarding young children and pools may reduce the number of interested buyers at resale.
Let my experience help you find the right home for you, now AND later.
Dallas Chambers
RE/MAX Agents Realty
Office: 770-922-7777 X316
Cell: 770-595-1541
Web: http://dallaschambers.agentsrealty.com/
E-Mail: dallasc@remax.net
Each Office Independently Owned and Operated. All information deemed reliable but not guaranteed.
Thursday, December 17, 2009
Investment Financing
Finding the right lender can make all the difference when it comes to an investment purchase. Because the loan terms are more complicated than a conventional purchase, most investors opt to only work with those lenders who specialize in non-owner-occupied investment real estate.
If you'd like to discuss your financing options, call or email me. I'm here to help.
Dallas Chambers
RE/MAX Agents Realty
Office: 770-922-7777 X316
Cell: 770-595-1541
Web: http://dallaschambers.agentsrealty.com/
E-Mail: dallasc@remax.net
Each Office Independently Owned and Operated. All information deemed reliable but not guaranteed.
If you'd like to discuss your financing options, call or email me. I'm here to help.
Dallas Chambers
RE/MAX Agents Realty
Office: 770-922-7777 X316
Cell: 770-595-1541
Web: http://dallaschambers.agentsrealty.com/
E-Mail: dallasc@remax.net
Each Office Independently Owned and Operated. All information deemed reliable but not guaranteed.
Wednesday, December 16, 2009
Investing 101
For most buyers, owning their primary residence is all they’re willing or able to handle financially, and with good reason, as being a homeowner is probably the biggest financial responsibility of one’s life. However, with interest rates remaining relatively low, more and more of my clients are venturing into the world of investment property, and those who were best informed before they purchased are now reaping the rewards!
As your real estate professional, I'm always searching for new opportunities for my clients. Please reply to this message or call me to discuss any investment questions you may have.
Dallas Chambers
770-595-1541 Mobile
RE/MAX Agents Realty
770-922-7777 X316
http://dallaschambers.agentsrealty.com/
dallasc@remax.net
As your real estate professional, I'm always searching for new opportunities for my clients. Please reply to this message or call me to discuss any investment questions you may have.
Dallas Chambers
770-595-1541 Mobile
RE/MAX Agents Realty
770-922-7777 X316
http://dallaschambers.agentsrealty.com/
dallasc@remax.net
Monday, December 14, 2009
We've all been there: shopping around, eager to make a purchase, not sure what we need or even want. The same goes for the real estate market. Many buyers simply aren't sure what they're looking for, the kind of indecision that can break the hearts of buyers and sellers alike.
As your real estate professional, I can help combat buyer's syndrome by working with you to represent your property in a powerful and market-friendly manner. Don't let the buyer find excuses not to purchase your home. Call or email me today!
Dallas Chambers
RE/MAX Agents Realty
Office: 770-922-7777 X316
Cell: 770-595-1541
Web: http://dallaschambers.agentsrealty.com/
E-Mail: dallasc@remax.net
Each Office Independently Owned and Operated. All information deemed reliable but not guaranteed.
As your real estate professional, I can help combat buyer's syndrome by working with you to represent your property in a powerful and market-friendly manner. Don't let the buyer find excuses not to purchase your home. Call or email me today!
Dallas Chambers
RE/MAX Agents Realty
Office: 770-922-7777 X316
Cell: 770-595-1541
Web: http://dallaschambers.agentsrealty.com/
E-Mail: dallasc@remax.net
Each Office Independently Owned and Operated. All information deemed reliable but not guaranteed.
Saturday, December 12, 2009
Time To Show Off Your Home
In my experience, I've found that my clients are best served by highlighting the unique strengths of their home from the very first listing. With the sheer number of homes for sale out there on the market, a seller such as yourself needs to make sure the property stands out from the rest.
Don't let the challenges of the marketplace keep you from selling your home. Call or email me today and together we can start showing off your home!
Dallas Chambers
RE/MAX Agents Realty
Office: 770-922-7777 X316
Cell: 770-595-1541
Web: http://dallaschambers.agentsrealty.com/
E-Mail: dallasc@remax.net
Each Office Independently Owned and Operated. All information deemed reliable but not guaranteed.
Don't let the challenges of the marketplace keep you from selling your home. Call or email me today and together we can start showing off your home!
Dallas Chambers
RE/MAX Agents Realty
Office: 770-922-7777 X316
Cell: 770-595-1541
Web: http://dallaschambers.agentsrealty.com/
E-Mail: dallasc@remax.net
Each Office Independently Owned and Operated. All information deemed reliable but not guaranteed.
Your Marketing Company
Just as the world's largest corporations aggressively introduce new products to the marketplace, you must do the same in order to sell your home. Oftentimes, agents will list a home for sale without adequate marketing. Or maybe the seller didn't have a sufficient grasp of current market conditions to maximize the chances of the home selling.
If any of the above excuses sound familiar, I invite you to call or email me today. I'll make sure we take the appropriate measures to get your home sold!
Dallas Chambers
770-595-1541 Mobile
RE/MAX AGENTS REALTY
(770) 922-7777 Ext. 316
http://dallaschambers.agentsrealty.com/
dallasc@remax.net
Each Office Independently Owned and Operated
If any of the above excuses sound familiar, I invite you to call or email me today. I'll make sure we take the appropriate measures to get your home sold!
Dallas Chambers
770-595-1541 Mobile
RE/MAX AGENTS REALTY
(770) 922-7777 Ext. 316
http://dallaschambers.agentsrealty.com/
dallasc@remax.net
Each Office Independently Owned and Operated
Friday, December 11, 2009
Reinventing Success
For real estate professionals like myself, there simply is no greater challenge than selling a previously-listed home. Because of my experience with properties like yours, I am uniquely qualified to effectively market and sell your home.
Call or email me today so we can start planning for success!
Dallas Chambers
RE/MAX AGENTS REALTY
(770) 922-7777 Ext. 316
http://dallaschambers.agentsrealty.com
dallasc@remax.net
Each Office Independently Owned and Operated
Call or email me today so we can start planning for success!
Dallas Chambers
RE/MAX AGENTS REALTY
(770) 922-7777 Ext. 316
http://dallaschambers.agentsrealty.com
dallasc@remax.net
Each Office Independently Owned and Operated
Thursday, December 10, 2009
What Went Wrong
Although you may be frustrated by being unable to successfully sell your property after its first listing, the very first step you should take is to assess the listing process and determine what went wrong. Once you address any mistakes, the results should be more effective the second time around.
After all, the process of selling a home is always complex. That’s why I invite you to call or email me, and together we can achieve your real estate goals!
Dallas Chambers
770-595-1541 Mobile
RE/MAX AGENTS REALTY
(770) 922-7777 Ext. 316
http://dallaschambers.agentsrealty.com
dallasc@remax.net
Each Office Independently Owned and Operated
After all, the process of selling a home is always complex. That’s why I invite you to call or email me, and together we can achieve your real estate goals!
Dallas Chambers
770-595-1541 Mobile
RE/MAX AGENTS REALTY
(770) 922-7777 Ext. 316
http://dallaschambers.agentsrealty.com
dallasc@remax.net
Each Office Independently Owned and Operated
Friday, December 4, 2009
What Your Remodeling Contract Should Say
What Your Remodeling Contract Should Say
By: Oliver Marks
Published: September 30, 2009
Review your remodeling contract carefully and adjust it to make sure it protects you in terms of payments, work schedules, and project specifications.
Progress K
Effort Low 3 hrs (review contract)
Investment Low $0
.
0Comments .
Added to Binder.
Unless the contractor signs the document, it doesn’t matter what it says—it’s not a valid contract.
Even if you never intend to pick up a hammer for your remodeling project, there’s one tool that’s absolutely essential—a solid contract. But just having one often isn’t enough. That’s because the document a contractor gives you is designed to protect him. It’s up to you to add in some basic protections for yourself. Here’s what you need to know to make sure the remodeling contract you sign includes solid legal protection for you and your home.
Hiring a lawyer to review and make changes to a contract is a safe bet, especially since each state has its own construction-contract statutes. But not many homeowners are willing to shell out $500 for an attorney review, plus $1,000 to $1,500 additional fees to make wholesale revisions to a flawed contract. However, you can hand-write changes and additions in plain English and make sure both you and the contractor initial each change to the document, says Tampa, Fla., attorney George Meyer, who is chair-elect of the American Bar Association’s Forum on the Construction Industry. Here’s what you want to add (and subtract).
Project specs
Start by reviewing your contract, a process that should take several hours. The most important element of a contract is a thorough and complete description of the project, and the materials and the products that will be used. “It should say that the contractor will secure all necessary permits and approvals as well as what walls are being moved where, what type of countertops are going in, what type of sink, what type of faucet, and so forth,” says Meyer. “You can’t rely on everyone’s memory because if there’s a problem later, people may remember different things.” The contract needn’t contain these specs on its pages, it can simply refer to the contractor’s attached itemized bid. Avoid allowances, which are pools of money set aside for work to be determined later, and which often lead to cost overruns.
Payment schedule
The contract should also state the total price for the job, and that it’s a fixed price—not an estimate. It should provide a schedule of how the payments will be made by linking them to milestones in the work—such as when the foundation, rough plumbing, and electricity will be completed—so you’re paying for work only after it’s done. “You should always have enough money left to hire someone else to finish the work if need be,” says Meyer. In general, the first payment should be no more than 10% of the total job and the final payment should be at least a few thousand dollars to ensure that it’s a big enough incentive to get the contractor back for the final niggling details. If you’re unsure whether the payment schedule is proportional to the milestones your contractor suggests, ask a friend who’s familiar with construction process or consult a construction attorney.
Start and end dates
A contractor’s boilerplate contract rarely includes dates for when he will begin work and when he will complete the job, so make sure those details are included. It’s not that he’ll be penalized if it runs late, only that if you ever have a major problem and need to sue him—or defend yourself from a suit he brings—showing that the contractor is, say, two months behind schedule will help you make your case. The dates needn’t be too exacting. If he says it’s a six to eight week job, eight or even nine weeks is fine for the contract, says Meyer.
Statement about change orders
Make sure the contract contains a line stating that any changes that will affect the cost of the job must be priced in writing and countersigned by both the contractor and homeowner before that work commences. That ensures that an offhand discussion about a possible change to the project won’t result in a huge unforeseen additional cost. It also helps you, as the homeowner, keep track of exactly how much you’ve added to the bottom line, so you can avoid the very common urge to keep expanding the job.
Binding arbitration
Many contractors include a line that says that rather than going through the courts, disputes will be resolved by an arbitrator. Some legal experts feel that this is a quicker and lower-cost solution to problems, so a binding arbitration clause isn’t necessarily a problem. What can be trouble is if the contract requires a specific arbitrator. “There are some big, national, well-respected arbitrators, like the American Arbitration Association,” says Meyer. “And there are other questionable arbitrators that always side with the contractor. If a particular arbitrator is specified, I’d do some internet research about the agency to make sure it’s legit.”
Warranty
Having the contractor’s warranty in the contract seems like a good thing, right? Well including it is often actually a technique for limiting how much liability the contractor has. “It’s usually loaded up with exclusions and time limits,” says Meyer, “and you’re actually better off with no mention of warranty at all because then the only limits on his warranty are what’s in the state statutes.” In other words, keeping the contractor’s warranty language in the contract will likely mean you’re agreeing to less than what state law provides. For example, state law may specify a longer warranty term than what the contractor’s warranty offers. So, unless you’re having a lawyer review the contract, strike the warranty clause.
Technicalities
There are numerous state-by-state requirements for construction contracts. He may have to include his contractor’s license number, for example, and he may have to include a clause saying you have the right to rescind the contract within a certain time period after signing. And unless you and the contractor sign the document, it doesn’t matter what it says—it’s not a valid contract.
A former carpenter and newspaper reporter, Oliver Marks has been writing about home improvements for 16 years. He’s currently restoring his second fixer-upper with a mix of big hired projects and small do-it-himself jobs.
Visit my web site for more information like this at http://dallaschambers.agentsrealty.com/.
Each office independently owned and operated. All information deemed reliable but not guaranteed.
Dallas Chambers
RE/MAX Agents Realty
770-922-7777 X316
770-595-1541
dallasc@remax.net
http://dallaschambers.agentsrealty.com/
By: Oliver Marks
Published: September 30, 2009
Review your remodeling contract carefully and adjust it to make sure it protects you in terms of payments, work schedules, and project specifications.
Progress K
Effort Low 3 hrs (review contract)
Investment Low $0
.
0Comments .
Added to Binder.
Unless the contractor signs the document, it doesn’t matter what it says—it’s not a valid contract.
Even if you never intend to pick up a hammer for your remodeling project, there’s one tool that’s absolutely essential—a solid contract. But just having one often isn’t enough. That’s because the document a contractor gives you is designed to protect him. It’s up to you to add in some basic protections for yourself. Here’s what you need to know to make sure the remodeling contract you sign includes solid legal protection for you and your home.
Hiring a lawyer to review and make changes to a contract is a safe bet, especially since each state has its own construction-contract statutes. But not many homeowners are willing to shell out $500 for an attorney review, plus $1,000 to $1,500 additional fees to make wholesale revisions to a flawed contract. However, you can hand-write changes and additions in plain English and make sure both you and the contractor initial each change to the document, says Tampa, Fla., attorney George Meyer, who is chair-elect of the American Bar Association’s Forum on the Construction Industry. Here’s what you want to add (and subtract).
Project specs
Start by reviewing your contract, a process that should take several hours. The most important element of a contract is a thorough and complete description of the project, and the materials and the products that will be used. “It should say that the contractor will secure all necessary permits and approvals as well as what walls are being moved where, what type of countertops are going in, what type of sink, what type of faucet, and so forth,” says Meyer. “You can’t rely on everyone’s memory because if there’s a problem later, people may remember different things.” The contract needn’t contain these specs on its pages, it can simply refer to the contractor’s attached itemized bid. Avoid allowances, which are pools of money set aside for work to be determined later, and which often lead to cost overruns.
Payment schedule
The contract should also state the total price for the job, and that it’s a fixed price—not an estimate. It should provide a schedule of how the payments will be made by linking them to milestones in the work—such as when the foundation, rough plumbing, and electricity will be completed—so you’re paying for work only after it’s done. “You should always have enough money left to hire someone else to finish the work if need be,” says Meyer. In general, the first payment should be no more than 10% of the total job and the final payment should be at least a few thousand dollars to ensure that it’s a big enough incentive to get the contractor back for the final niggling details. If you’re unsure whether the payment schedule is proportional to the milestones your contractor suggests, ask a friend who’s familiar with construction process or consult a construction attorney.
Start and end dates
A contractor’s boilerplate contract rarely includes dates for when he will begin work and when he will complete the job, so make sure those details are included. It’s not that he’ll be penalized if it runs late, only that if you ever have a major problem and need to sue him—or defend yourself from a suit he brings—showing that the contractor is, say, two months behind schedule will help you make your case. The dates needn’t be too exacting. If he says it’s a six to eight week job, eight or even nine weeks is fine for the contract, says Meyer.
Statement about change orders
Make sure the contract contains a line stating that any changes that will affect the cost of the job must be priced in writing and countersigned by both the contractor and homeowner before that work commences. That ensures that an offhand discussion about a possible change to the project won’t result in a huge unforeseen additional cost. It also helps you, as the homeowner, keep track of exactly how much you’ve added to the bottom line, so you can avoid the very common urge to keep expanding the job.
Binding arbitration
Many contractors include a line that says that rather than going through the courts, disputes will be resolved by an arbitrator. Some legal experts feel that this is a quicker and lower-cost solution to problems, so a binding arbitration clause isn’t necessarily a problem. What can be trouble is if the contract requires a specific arbitrator. “There are some big, national, well-respected arbitrators, like the American Arbitration Association,” says Meyer. “And there are other questionable arbitrators that always side with the contractor. If a particular arbitrator is specified, I’d do some internet research about the agency to make sure it’s legit.”
Warranty
Having the contractor’s warranty in the contract seems like a good thing, right? Well including it is often actually a technique for limiting how much liability the contractor has. “It’s usually loaded up with exclusions and time limits,” says Meyer, “and you’re actually better off with no mention of warranty at all because then the only limits on his warranty are what’s in the state statutes.” In other words, keeping the contractor’s warranty language in the contract will likely mean you’re agreeing to less than what state law provides. For example, state law may specify a longer warranty term than what the contractor’s warranty offers. So, unless you’re having a lawyer review the contract, strike the warranty clause.
Technicalities
There are numerous state-by-state requirements for construction contracts. He may have to include his contractor’s license number, for example, and he may have to include a clause saying you have the right to rescind the contract within a certain time period after signing. And unless you and the contractor sign the document, it doesn’t matter what it says—it’s not a valid contract.
A former carpenter and newspaper reporter, Oliver Marks has been writing about home improvements for 16 years. He’s currently restoring his second fixer-upper with a mix of big hired projects and small do-it-himself jobs.
Visit my web site for more information like this at http://dallaschambers.agentsrealty.com/.
Each office independently owned and operated. All information deemed reliable but not guaranteed.
Dallas Chambers
RE/MAX Agents Realty
770-922-7777 X316
770-595-1541
dallasc@remax.net
http://dallaschambers.agentsrealty.com/
Tuesday, December 1, 2009
Journey Begins With A Step
"A journey of a thousand miles begins with a single step." Confucius
I know from experience that for some people, the process of finding a home is mostly work, and little joy. The road can seem long...and winding.
As a RE/MAX Premier Customer Satisfaction provider, my goal is to create a situation where I do all the work and you can relax and enjoy the process. I'll be sorting out the ads, finding the addresses, and timing your home viewing appointments. In this way I can help eliminate hassles and save your time.
I'll show you homes you can afford with the features you want, in the areas you want. When you see the right home, you can take action, with my professional assistance. You have everything to gain as a result of leveraging my experience and contacts with your own efforts. Let's go on this adventure together.
Just contact me by phone, by email, or by visiting my website at http://dallaschambers.agentsrealty.com. Together we'll take an important step towards your new home.
Dallas Chambers
770-595-1541 Mobile
RE/MAX AGENTS REALTY
(770) 922-7777 Ext. 316
http://dallaschambers.agentsrealty.com
dallasc@remax.net
Each Office Independently Owned and Operated
I know from experience that for some people, the process of finding a home is mostly work, and little joy. The road can seem long...and winding.
As a RE/MAX Premier Customer Satisfaction provider, my goal is to create a situation where I do all the work and you can relax and enjoy the process. I'll be sorting out the ads, finding the addresses, and timing your home viewing appointments. In this way I can help eliminate hassles and save your time.
I'll show you homes you can afford with the features you want, in the areas you want. When you see the right home, you can take action, with my professional assistance. You have everything to gain as a result of leveraging my experience and contacts with your own efforts. Let's go on this adventure together.
Just contact me by phone, by email, or by visiting my website at http://dallaschambers.agentsrealty.com. Together we'll take an important step towards your new home.
Dallas Chambers
770-595-1541 Mobile
RE/MAX AGENTS REALTY
(770) 922-7777 Ext. 316
http://dallaschambers.agentsrealty.com
dallasc@remax.net
Each Office Independently Owned and Operated
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About Me
- Dallas
- (Service Areas) Georgia: Rockdale, Newton, Henry, Gwinnett, Walton (Areas of Specialization) First Time Buyers, Move-up Buyers, Relocating Buyers and Sellers, New Construction, Resale Homes