Greg Moses’s Weblog

Just another way that we’re adding value to our valued clients and the community.

Archive for June, 2008

Stop Calling Ads!

Posted by gregmoses on June 28, 2008

word of caution - agents create ads solely to make the phone ring! Many of the
homes have some drawback that’s not mentioned in the ad, such as traffic noise,
power lines, or litigation in the community. What’s not mentioned in the ad is usually
more important than what is.

For this reason, We want you to be very careful when reading ads. Remember
that the person writing the ad is representing the seller and not you! The most
important thing you can do is have someone on your side looking out for your
best interests. Your own agent will critique the property with an eye towards how
well it meets your needs and will point out any drawbacks you should know about.

So whether you decide to work with us or not, pick an agent you feel comfortable
with and enlist the services of that agent as a buyer’s broker. Then you become a
client with all the rights, benefits, and privileges created by this agency relationship,
and you’re no longer just a shopper. Did you know that many homes are sold
WITHOUT A SIGN ever going up or an AD EVER BEING PUT IN THE PAPER?
These “great deals” go to those people who are committed to working with one
agent. When an agent hears of a great buy, who do you think he’s going to call?
His client, who he has a legal obligation to work hard for you, or someone who
just called on the phone and said “keep your eyes open”? So, to get the best buy
on a property, we always recommend that you hire your own agent and stick with
him or her.

You don’t get to choose how you’re going to die. Or when. You can only decide how you’re going to live. Now.

Posted in Financing, Home Buyers, Home Sellers, Property Updates, Real Estate, Real Estate Investor | Tagged: , , , , , | No Comments »

Practice Delayed Gratification

Posted by gregmoses on June 26, 2008

Economists say that the inability to delay gratification-that is, the natural tendency of individuals to spend everything they earn plus a little bit more, and the mind-set of doing what is fun, easy and enjoyable-is the primary cause of economic and personal failure in life. On the other hand, disciplining yourself to do what you know is right and important, although difficult, is the highroad to pride, self-esteem and personal satisfaction.

The long term comes soon enough, and every sacrifice that you make today will be rewarded with compound interest in the great future that lies ahead for you.

Posted in Uncategorized | No Comments »

Determine your holding costs

Posted by gregmoses on June 24, 2008

A lot of investors can loose profits by underestimating their
holding costs. Make sure to include the following:

You need to add in 6 mortgage payments to the holding cost
budget. You want to have plenty of money set aside for the
time it will take to repair and market the property.

Make sure to include 6 months of taxes and insurance as well
as utility costs for 6 months.

Posted in Foreclosure Consultant, Home Buyers, Home Sellers, Real Estate, Real Estate Investor | Tagged: , , , , | No Comments »