How do I evaluate real estate properties to reduce risk for purchase on a tax sale list? software or formula.
That would depend upon your financial position, access to the right professionals to do the repair/updates needed, legal assistance to straighten out any title or other legal challenges. You'll also need some feet on the ground to look at what the local municipality has on the property. Then you'll need to figure out any tenant issues. You'd be best advised to go to work for someone or some company that already does this and learn from them on their dime rather than yours. You'll learn valuable insight on local customs, laws, procedures etc. as well as contacts with the right people to work with to be profitable.
Are there any startups in the car sales industry?
We are AutoInsight (https://autoinsight.io) and we help used car buyers shop with confidence. We think more can be done to help bring more transparency to a private used car transaction. It's a great way to save some money if you know what you're getting yourself into but you can just as easily get stuck with a lemon. It is really hard for buyers to determine whether a car is worth buying or not. At the minimum, every car buyer need to go through these steps before purchasing.1) Take the car to a mechanic for inspection2) Buy a car history report3) Appraise the car based on information from KBB, Edmunds, and all the information gathered from the steps aboveFor a lot of people, this process can be quite daunting. That's why we want to help buyers thoroughly inspect the car in the quickest and simplest way possible so they have all the information they need before they make a decision. Our app provide car buyers with a reliable appraisal based on data from http://Edmunds.com and National Motor Vehicle Title Information (NMVTIS). We can also analyze diagnostic data from the standard OBD port to let users know about the internal working condition of the car and warn you of any problems, similar to what mechanics do when you take your car for an inspection. We have analyzed data from thousands of cars and our proprietary algorithm can predict the likelihood of any major repairs within a year. Something your local mechanic probably won't be able to tell you.
Where do residential real estate companies get their forms from (i.e., offer to purchase, addendum, counters, etc.)? How often are they updated?
Most states have standardized forms to simplify this for all parties to a residential transaction. Keep in mind that commercial transactions are a lot more cavalier. As it is assumed that someone purchasing commercial property is somewhat savvy, the government does not aim to regulate and “protect” these individuals as heavily. Florida has the Florida Real Estate Commission (FREC), which governs real estate brokerage activity and provides guidance on best practices. Most states have something comparable that puts together these forms you reference.
What form do I have to fill out at PetSmart in order to purchase a rat?
Live animal purchase card
What is the best way to purchase NYC residential real estate in order to rent it out?
There's actually 3 parts to getting this right: (1) getting educated on the NYC market, (2) finding the real estate, and (3) hiring the right person to manage the real estate.Part 1: Getting Educated on the NYC Real Estate Markethttp://AddressReport.com (for deep building data, renovation histories, crime reports, subway access, local amenities, area pricing)BrickUnderground (chock-full of NYC real estate guides)http://NY.Curbed.Com (to get a sense for what's "trending")Part 2: Finding the Real Estate Listingshttp://StreetEasy.com - the king of NYC sales listings aggregatorsNYTimes real estate section - still reliablehttp://HomeCanvasr.com - for off-market listingsPart 3: Managing (Renting Out) the Real EstateGo back to StreetEasy and locate properties that seem similar to the one place you've bought and note the names of 6-8 brokers who have made high volumes of (and/or very recent) sales (NOT rentals) in those properties. (The broker who just sold you the unit will likely be on that list, but shouldn't be the only name.)Confirm on AddressReport that these properties share similar qualities, subway access, and neighborhood amenities with the one you purchasedWith these "property comps" in hand, contact each broker on your list and ask if they interview them to determine which would be a good steward of your rental property, things to check for include an understanding of going rental prices for properties such as yours, the process they use to advertise your property and vet applicants, and whom they can refer as a maintenance contact for when things inevitably go wrong and you're not around to fix it (since you don't live in NYC or just don't want to deal with it).
Who makes the purchase and sale agreement, plus a contingency to buy a real estate property?
Who makes the purchase and sale agreement:A Purchase and Sale (P&S) understanding is an authoritative archive that has been arranged and consented to by lawyers speaking to the buyer and seller in a land exchange. In Massachusetts, it must be marked by a purchaser and dealer after both sides have gone to a concurrence on an offer on a bit of land. The P&S will incorporate the last deal cost and all terms of the buy, and it covers the weeks between when a property is removed the market and shutting, a few conditions stretch out past the end date.takes after is a rundown of normal possibilities that can be found in most home buy understandings.Contingency to buy a real estate property:Financing/Loan ContingencyAll home deal contracts will be dependent upon you, the Buyer, having the capacity to secure a credit or other wellspring of financing with which to buy the house. This possibility may put a day and age amongst marking and shutting in which the purchaser must secure this financing. For a first time purchaser, the a lot of cash included can appear to be very overwhelming, however remember this is quite normal. In the event that you can pay money in advance for the offer of the home, then you will have the capacity to discard this possibility.2. Home InspectionA typical possibility inside a home deal assention contract is one that gives the purchaser the privilege to no less than one home review before a specific date. This possibility ought to likewise give the purchaser the chance to escape the agreement, or request repairs, if the purchaser is not, in compliance with common decency, happy with the state of the house.3. ProtectionMost property holders will need to ensure that their new buy has home protection before moving in. Be that as it may, insurance agencies have turned out to be increasingly hesitant to protect properties and homes in specific parts of the nation.4. TitleThis can be a standout amongst the most imperative possibilities for you as the purchaser. This possibility will permit you to leave the agreement if the dealer of the home can't demonstrate that he or she has substantial legitimate title to the property that is available to be purchased.What to do nextSubsequent to considering what sorts of possibilities you need in your home deal understanding, set them in motion as a feature of your offer to purchase the house.
Real Estate: What is the best way to present a purchase offer to a seller for a single family home?
I’m understanding the question slightly differently. So, you received an offer from a buyer’s broker on your exclusive listing and you want to know what to do? You LEGALLY have to tell that person immediately what it is, lay out all the terms of the offer — are they financing? Is it contingent or not contingent on financing? How much are they financing? When do they want to close? And you basically speak to your seller and you make a judgment call of whether you think it’s a fair offer or not ——- it sounds like the terms weren’t so favorable, so obviously what you have to say is that “this is the offer, i am legally obligated to present it to you. they are playing hardball. let’s make a counteroffer. even if its $1 less than asking price b/c we have an active buyer interested and their agent felt it was ok to bring them to a place of that price range so they probably have the funds. and also negotiate whatever other terms they asked for —- they wanted furniture? theyw anted to wait 3 months to closing? what’s the deal?