New or Old House?

A lot of buyers think that a new house is the way to go but it's important to have some knowledge of quality and of the builder. New paint, carpet, doors, windows and cabinets are a quick and easy sell. But are the cabinets even level. I have seen cabinets in a $300,000 house that the dishes would roll out of. In the same house, a paladium window was set in the framing with over an inch gap, which they filled with caulk. The buyer didn't see it until it was pointed out in the appraisal as a necessary repair.

While the carpet looks good, you need to know the quality as well as that of the padding. Cheap carpet and padding can wear out in as little as three years and you don't expect to have to spend a lot of money on a fairly new house. If you're new to the area, ask anyone in the neighborhood about the builder, except the site agent. If other purchasers have already moved in, they will tell you what their experience has been. For example, "we told him the dishwasher leaks and the light fixtures were wrong but he never sent anyone to fix it". Disgruntled homeowners are quick to point out the faults. They will complain beyond belief, but take that as your good fortune and move on.

Unless you get a custom built house by a well known builder, you are better off buying an older well built house. Regardless of what you hear about wafer board and 2x4s the older materials are much better. I believe that just like the mortgage and insurance industries, these are just ploys to market cheaper materials. You can't possibly believe that pvc is better than copper. Please rate and tell friends.

More: http://www.freewebs.com/realestatenews

Suzie is a licensed real estate broker and certified residential appraiser with twenty years of experience and majored in real estate and architecture. Other professionals have contributed as well.

MORE RESOURCES:

Leading Real Estate Company Announces Over $1 Billion in New ... - MarketWatch

Realtors Say Foreigners Hold Key to Real Estate Revival - FOXNews

Real Estate Market Slumps, Showhomes Soars - MarketWatch

Investment Regimes for Indian Real Estate Sector Explored - MarketWatch

Moody#39;s: Commercial real estate prices rise - CNNMoney.com

Winston amp; Strawn Continues Growth; Adds 19 Litigation, Corporate ... - MarketWatch

Architects see drop in real estate design contracts - Los Angeles Times

Target shareholder revises real estate proposal - The Associated Press

table border=0 width= valign=top cellpadding=2 cellspacing=7trtd width=80 align=center valign=topfont style=font-size:85%;font-family:arial,sans-serifa href=http://news.google.com/news/url?sa=Tct=us/7i-0fd=Rurl=http://www.dividend.com/blog/%3Fp%3D3631cid=1271977767ei=r2MlSa6iI5jI9ATu4NC6AQusg=AFQjCNHNaF7m-p9DrzeULr5mKmwfQg2YwAimg src=http://news.google.com/news?imgefp=Jrox3LLENnIJimgurl=www.dividend.com/blog/wp-content/uploads/storypics/target.jpg width=80 height=64 alt= border=1brfont size=-2Dividend.com/font/a/font/tdtd valign=top class=jfont style=font-size:85%;font-family:arial,sans-serifbrdiv style=padding-top:0.8em;img alt= height=1 width=1/divdiv class=lha href=http://news.google.com/news/url?sa=Tct=us/7-0fd=Rurl=http://www.google.com/hostednews/ap/article/ALeqM5izZJX0Q9xiHBM5Mg3-Ee1B6sI8wQD94I9R8O0cid=1271977767ei=r2MlSa6iI5jI9ATu4NC6AQusg=AFQjCNGN-ZYgBzViHU1Qs63LBjuHM8LW_QTarget shareholder revises breal estate/b proposal/abrfont size=-1font color=#6f6f6fThe Associated Pressnbsp;-/font nobr14 hours ago/nobr/fontbrfont size=-1Ackman unveiled a plan last month that involves creating a breal estate/b investment trust that would take ownership of the land Target owns underneath its b.../b/fontbrfont size=-1a href=http://news.google.com/news/url?sa=Tct=us/7-1fd=Rurl=http://www.bizjournals.com/twincities/stories/2008/11/17/daily25.htmlcid=1271977767ei=r2MlSa6iI5jI9ATu4NC6AQusg=AFQjCNGPXyvONOfZi2wr8LXX_QizcMLLEwPershing revises Target land spin-off proposal/a font size=-1 color=#6f6f6fnobrBizjournals.com/nobr/font/fontbrfont size=-1a href=http://news.google.com/news/url?sa=Tct=us/7-2fd=Rurl=http://www.reuters.com/article/americasDealsNews/idUSTRE4AH7PD20081118cid=1271977767ei=r2MlSa6iI5jI9ATu4NC6AQusg=AFQjCNF89anti9TW2LP6nh265jGAuSE5SAPershing#39;s revised Target proposal out Wednesday/a font size=-1 color=#6f6f6fnobrReuters/nobr/font/fontbrfont size=-1a href=http://news.google.com/news/url?sa=Tct=us/7-3fd=Rurl=http://blogs.reuters.com/reuters-dealzone/2008/11/19/troubled-retailerackman-5-bln-reit-ipo/cid=1271977767ei=r2MlSa6iI5jI9ATu4NC6AQusg=AFQjCNHGag8wUzPOb__NKF3_DeYJIuUtBATroubled retailer+Ackman= $5 bln REIT IPO?/a font size=-1 color=#6f6f6fnobrReuters UK/nobr/font/fontbrfont size=-1 class=pa href=http://news.google.com/news/url?sa=Tct=us/7-4fd=Rurl=http://www.guardian.co.uk/business/feedarticle/8044333cid=1271977767ei=r2MlSa6iI5jI9ATu4NC6AQusg=AFQjCNHjmL4NRVhsODAFehlJCzfpUui5mgnobrguardian.co.uk/nobr/anbsp;- a href=http://news.google.com/news/url?sa=Tct=us/7-5fd=Rurl=http://leapsinvestor.com/market-news/ackman-target-shares-worth-37share-726/cid=1271977767ei=r2MlSa6iI5jI9ATu4NC6AQusg=AFQjCNFgr35DbAEltYvrv87ZQG19vdaKIgnobrLEAPSInvestor.com/nobr/a/fontbr/font class=p size=-1a class=p href=http://news.google.com/news?sourceid=navclientie=ISO-8859-1rls=GGLG,GGLG:2005-22,GGLG:enncl=1271977767hl=ennobrall 131 news articles/nobr/a/font/div/font/td/tr/table

Commercial Real Estate Debt Index Plummets - Wall Street Journal

table border=0 width= valign=top cellpadding=2 cellspacing=7trtd valign=top class=jfont style=font-size:85%;font-family:arial,sans-serifbrdiv style=padding-top:0.8em;img alt= height=1 width=1/divdiv class=lha href=http://news.google.com/news/url?sa=Tct=us/8-0fd=Rurl=http://online.wsj.com/article/SB122703851606838297.html%3Fmod%3Dgooglenews_wsjcid=1271977795ei=r2MlSa6iI5jI9ATu4NC6AQusg=AFQjCNF1O6AlN7_FYuoYMr2RgV4P_nfbxACommercial bReal Estate/b Debt Index Plummets/abrfont size=-1font color=#6f6f6fWall Street Journalnbsp;-/font nobrNov 18, 2008/nobr/fontbrfont size=-1By PRABHA NATARAJAN WASHINGTON -- A commercial breal estate/b debt index plummeted Tuesday after a Credit Suisse research report warned that two loans included b.../b/fontbrfont size=-1a href=http://news.google.com/news/url?sa=Tct=us/8-1fd=Rurl=http://www.reuters.com/article/bondsNews/idUSN1933428520081119cid=1271977795ei=r2MlSa6iI5jI9ATu4NC6AQusg=AFQjCNGCj8l1eZKKyESlXeJGJiBinQ2orQUPDATE 1-Economy, TARP conspire against commercial mortgages/a font size=-1 color=#6f6f6fnobrReuters/nobr/font/fontbrfont size=-1a href=http://news.google.com/news/url?sa=Tct=us/8-2fd=Rurl=http://www.bloomberg.com/apps/news%3Fpid%3D20601087%26sid%3Da7v3wNC8x9WA%26refer%3Dhomecid=1271977795ei=r2MlSa6iI5jI9ATu4NC6AQusg=AFQjCNED9jLbbaLt8GhZ47oVl2AkH9xLFQWestin, Promenade Commercial Mortgages Near Default (Update2)/a font size=-1 color=#6f6f6fnobrBloomberg/nobr/font/fontbrfont size=-1a href=http://news.google.com/news/url?sa=Tct=us/8-3fd=Rurl=http://www.reuters.com/article/marketsNews/idUSN1826572220081118cid=1271977795ei=r2MlSa6iI5jI9ATu4NC6AQusg=AFQjCNHAw7PuA6MK9DqRemEFAtSNqyyzzwUPDATE 1-Big CMBS loans seen near default, index yields soar/a font size=-1 color=#6f6f6fnobrReuters/nobr/font/fontbrfont size=-1 class=pa href=http://news.google.com/news/url?sa=Tct=us/8-4fd=Rurl=http://online.wsj.com/article/SB122703851606838297.html%3Fmod%3Dspecial_page_campaign2008_mostpopcid=1271977795ei=r2MlSa6iI5jI9ATu4NC6AQusg=AFQjCNGt1XIGkZtWULjZxHNR4IgmzWpZGQnobrWall Street Journal/nobr/anbsp;- a href=http://news.google.com/news/url?sa=Tct=us/8-5fd=Rurl=http://www.bloomberg.com/apps/news%3Fpid%3D20601087%26sid%3Da0GR3cE_UyEE%26refer%3Dhomecid=1271977795ei=r2MlSa6iI5jI9ATu4NC6AQusg=AFQjCNHJbxDp7o9reJyxbM4OTU8bGv7UEQnobrBloomberg/nobr/a/fontbr/font class=p size=-1a class=p href=http://news.google.com/news?sourceid=navclientie=ISO-8859-1rls=GGLG,GGLG:2005-22,GGLG:enncl=1271977795hl=ennobrall 31 news articles/nobr/a/font/div/font/td/tr/table

Artis Real Estate Investment Trust announces monthly cash distribution - FOXBusiness

table border=0 width= valign=top cellpadding=2 cellspacing=7trtd valign=top class=jfont style=font-size:85%;font-family:arial,sans-serifbrdiv style=padding-top:0.8em;img alt= height=1 width=1/divdiv class=lha href=http://news.google.com/news/url?sa=Tct=us/9-0fd=Rurl=http://www.foxbusiness.com/story/markets/industries/finance/artis-real-estate-investment-trust-announces-monthly-cash-distribution-319904495/cid=1272287796ei=r2MlSa6iI5jI9ATu4NC6AQusg=AFQjCNH7JLf4X6uuVCNR0q_gVjiDA0NwzwArtis bReal Estate/b Investment Trust announces monthly cash distribution/abrfont size=-1font color=#6f6f6fFOXBusinessnbsp;-/font nobr8 hours ago/nobr/fontbrfont size=-1Artis is a growth-oriented breal estate/b investment trust focused exclusively on commercial properties located in primary and growing secondary markets in b.../b/fontbrfont size=-1a href=http://news.google.com/news/url?sa=Tct=us/9-1fd=Rurl=http://businessmirror.com.ph/index.php%3Foption%3Dcom_content%26view%3Darticle%26id%3D2192:amid-global-economic-slowdown-investors-are-well-advised-to-train-their-sights-on-real-estate-%26catid%3D47:propertiescid=1272287796ei=r2MlSa6iI5jI9ATu4NC6AQusg=AFQjCNFmVUtMWtGIo6lOkIiQQ8AKR5kqTw‘Amid global economic slowdown, investors are well-advised to b.../b/a font size=-1 color=#6f6f6fnobrBusiness Mirror/nobr/font/fontbrfont size=-1a href=http://news.google.com/news/url?sa=Tct=us/9-2fd=Rurl=http://www.newswire.ca/en/releases/archive/November2008/19/c2246.htmlcid=1272287796ei=r2MlSa6iI5jI9ATu4NC6AQusg=AFQjCNGszZ2weIx-eANJY49AYQ5d_-ow8wCrombie REIT announces monthly distribution/a font size=-1 color=#6f6f6fnobrCanada NewsWire (press release)/nobr/font/fontbrfont size=-1a href=http://news.google.com/news/url?sa=Tct=us/9-3fd=Rurl=http://www.foxbusiness.com/story/markets/industries/finance/investors-real-estate-trust-announces-increase-regular-quarterly-common-share-1154743513/cid=1272287796ei=r2MlSa6iI5jI9ATu4NC6AQusg=AFQjCNGzOtL1MBZPWxg7xukOtx3tiVayewInvestors bReal Estate/b Trust Announces Increase in Regular b.../b/a font size=-1 color=#6f6f6fnobrFOXBusiness/nobr/font/fontbrfont size=-1 class=pa href=http://news.google.com/news/url?sa=Tct=us/9-4fd=Rurl=http://www.foxbusiness.com/story/markets/industries/finance/holloway-lodging-real-estate-investment-trust-announces-monthly-distribution-1482787386/cid=1272287796ei=r2MlSa6iI5jI9ATu4NC6AQusg=AFQjCNHzkMWdgSrpd6Y1u-4wv5Qc6iPA3AnobrFOXBusiness/nobr/a/fontbr/font class=p size=-1a class=p href=http://news.google.com/news?sourceid=navclientie=ISO-8859-1rls=GGLG,GGLG:2005-22,GGLG:enncl=1272287796hl=ennobrall 24 news articles/nobr/a/font/div/font/td/tr/table

Real-Estate - Google News

RELATED ARTICLES

Real Estate Investing Is A Better Gamble Than The Lottery
Real estate investing begins when you move to the starting point.Get ready.

Getting Ready to Sell Your Property
We all have had the experience of someone important coming to the house and whether the visitor is an in-law, an old friend, or business associate you know the drill: Have the house in "show" condition.For investors the situation is much the same: First impressions count!!!! Even though you may not be able to tell a book by its cover, you'll probably pay more for a book if the cover is inviting, and attractive.

Is An Old Home for You? - The Pros
If you prefer a home that is unique and has character, you probably are giving some thought to buying an older home. Before buying, it's a good idea to carefully evaluate the pros and cons of owning the home.

Real Estate Investing Deals That SkyRocket Your Net Worth 10-Fold
Consider these parameters for a real estate deal:Property Value: $250,000 Purchase Price: $160,000 Repairs: $2,500If you analyze the numbers, you see that the equity available in this deal is $87,500 (Property Value minus Purchase Price minus Repairs).So here's a hypothetical question for you: Assuming that the information above is accurate, and the property is located in an area that you view as acceptable and/or favorable, then:If I offered to give you this deal in exchange for $10,000 in cash, would you do it?Remember - this is hypothetical.

Boston Real Estate - You Still Have Considerable Control Over the Sale of Your Boston Home
Boston real estate is a hot topic. Daily newspaper articles comment on whether or not a bubble exists in the Boston real estate market, when and if it will pop, how interest rates affect the market, why Boston residents are snapping up interest-only loans, and how foreign investors in our treasuries keep interest rates low.

The Real Estate Bubble Fallacy
There has been a lot of talk lately about the "Real Estate Bubble", and a lot of folks are asking the question: "When it is going to burst"?They are saying that the market just can't sustain this level of growth and appreciation much longer, and I heat them say that it is inevitable that it must come crashing down soon. People are worried.

Seller Financing - Six Safety Tips
Why offer seller financing when you sell? A higher price, a good return on your money, a faster sale and to sell a property that is otherwise difficult to sell. Some good reasons, but how do you do it safely?1.

Finding The Perfect Maui Home For Sale
If you are thinking of relocating to Maui, this articlewill hopefully guide you to making a positive decision whenthinking of buying a home there. Hopefully, by the end youwill be one step closer to finding a Maui home for sale,and being able to purchase it.

Do You Know What Design/Construct (or Design/Build ) Means? I Think You Should!
These real questions on 'How To' build are answered by a US Master Builder and myself from the development viewpoint, after I received them from readers of my e-book, "Residential Development Made Easy."Question 1.

How to Sell Your Own Home and Save Thousands of Dollars
Most people take the easy way out when selling their home and hand the responsibility over to a real estate agent, when in fact the average homeowner is capable of selling their own home.Apart from the satisfaction of making the sale yourself there is the bonus of saving thousands of dollars in agents fees.

Dont Just GET THE DEED - The Infamous Kitchen Table Closing
Q: Hi Lou, I have a property under contract that I want to resell/flip as-is to a rehabber/renovator, but I may have to purchase it quickly and simply record the Quit Claim Deed, without using a closing attorney or waiting for a title exam. I need your advice.

Foreclosure Home Deals
Did you know that you can save tens of thousands of dollars on the purchase of your home by investing in a foreclosure or preforeclosure property? When you are trying to purchase a home for the first time, and you have limited resources and limited funds, it is particularly important that you get the most "bang for your buck".One way for a young family to get the most home for their money is to purchase a "distressed" property.

What is Tax-Deferred Exchange?
Under Section 1031 of the Internal Revenue Code, owners of real estate held for investment or use in a trade or business can swap their property tax-free for "like-kind" real estate.Exchanges are made for people wanting to stay invested in real estate, increase their leverage and to avoid paying hefty taxes upon the sale of property.

Real Estate: The Consumers Will Have The Final Word!
"The first step toward change is awareness. The second step is acceptance".

The Real Estate Cycle
The real estate cycle, like the business cycle, refers to the activity of the real estate market as it reacts to the forces of supply and demand.Supply and demand.

How to Create Cash Flow Out of Thin Air!
Want to see a trick every real estate investor will love?From the Desk of Thomas KishCrazy as it may sound..

Real Estate: Buyers Agent, Sellers Agent & Dual Agent (defined and explained)
There is a relatively new and not always well understood practice in Real Estate sales; it is called Buyer Agency or Buyer's Agent. Until recently Realtors and agents usually represented the seller, in opposition to the buyer, during the real estate transaction.

Home Buying - School District Issues
A good school district is a key factor in home buying if you have kids. It can also be a positive selling point when it comes time to sell your home.

For Sale By Owner: The Inside Scoop On Selling Your Own Home
If you're thinking about selling your home perhaps the 'for sale by owner' signs posted on neighborhood lawns have intrigued you. When you browse the newspaper listings you see ad after ad boasting 'for sale by owner' as an added incentive for buyers and you envy the owners that are confident enough to try it.

Russ Whitney and Real Estate Investing Gurus
There is curently a huge real Estate boom in America today. Little does the world know that this boom has some to do with all of the real estate guru's out there.