Wednesday 8 May 2013

Five Things Realty Express, Inc. Can Help You Best


Customer needs can be quite different from one another. A generic approach won’t always work and the same is true in the real estate industry. More companies are beginning to realize that the circumstances of both buyers and sellers come in all shapes and sizes. Realty Express, Inc. is one such company that knows this essential fact and their key to successfully providing housing solutions for their customers is flexibility.

Quickly sell your house

For some reason or another, you decide to sell your property and naturally one of the first things you do is look for a real estate agent or broker to handle the process. The standard advantage of going with a broker is access to the marketing and listing services they provide. However an agent knowing a lot of people doesn’t necessarily result in him being able to quickly sell your house. There are cases where the speed at which the deal can be closed is more important. Speed is one of the unique selling points of Realty Express. In fact they promise to get you a response within 24 hours. This is can be a great relief for people who are facing foreclosure.

Stop worrying about your house’s salability

Another exceptional offer that Realty Express has for its customers is that they will buy your house despite the location and its condition. That’s something you don’t always hear from companies who are also in the business of buying houses. A typical real estate agent would probably advice you to do some home improvements to jack up the value. But not everyone has the extra resources to spend for such an endeavor. Realty Express’ relatively open criteria in this aspect, can be particularly helpful to sellers who are in financial crisis and are in need of quick cash.

Purchase a lease-to-own home

Realty Express is not only good at buying houses but also in providing them. One of the less traditional ways they help buyers is to offer them lease-to-own homes. The prospect of purchasing a house through the customary retail approach can be quite daunting for those with bad credit. The initial down payment alone could be enough to discourage them. Because the terms in a lease-to-own agreement are more flexible, home ownership becomes a reachable goal. It provides you the opportunity to improve your credit and build equity. Essentially it can be a method to establish your financial security.

Acquire suitable home financing

Some people who own two or more properties but are finding it difficult to make the payments, usually resort to selling one of them to avoid foreclosure on the others. Realty Express’ quick and reliable methods can help you sell one of your houses and save the rest. They will even schedule the payout in such a way that you can stay ahead of the mortgage penalties. Meanwhile for those looking to buy a home, Realty Express can also provide financing programs to ease the overcoming of hurdles like loans and heavy initial down payments. They focus on the segment whose needs are not easily met by the traditional methods of typical brokers and thus offer more flexible solutions.

Lower property-related costs

Whether you’re buying or selling property there are always costs involved. Realty Express help sellers by providing the services you could expect from a regular real estate agent but as they are not realtors, they won’t actually charge any commission or fees. As commissions on the average range from two to six percent of the purchase price, you can very well count how much you could save while still receiving a comparable level of service.

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Realty Express, Inc. is a family-owned real estate company based in Alberta, Canada. The business offers a range of housing solutions and specializes in quick implementation. Poor credit and mortgage problems are par for the course to them. Visit www.realtyexpressinc.ca and find out how Realty Express, Inc. can solve your housing problem within a week!

Thursday 2 May 2013

All You Need to Know Before Buying a Lease-To-Own Home

You want to buy a house but you don’t have enough to make the down payment or your credit score is not good enough to apply for a favorable mortgage. Before you resign yourself to being a renter all your life, think about the lease to own approach to finally having your own home. It goes by other names. Sometimes this type of purchasing agreement is called rent to own, lease to buy, or more commonly lease option. The basic idea is fairly simple. You lease a house and make monthly payments like a regular rent arrangement but this time at the end of the lease term, you can purchase and own the house. It’s a good way to buy yourself some time to save more money and improve your credit while already occupying the place that could turn out to be your permanent address. Naturally there are several other details you need to know about this approach.

Investment

The option money or fee is the very first and probably most important aspect you have to consider. This amount is paid upfront and goes to the purchase price. Sometimes it could be equal to two or more month’s rent or in other cases a small percentage of the purchase price. It can seem like a security deposit, especially when the lease to buy agreement you’ve entered requires you to pay it initially. However there is one major critical difference. Unlike the security deposit which is returned to you when you conclude your lease, the option fee cannot be redeemed. Monthly payments in a lease to own arrangement are generally higher than regular rent because the option money is also added to it.

Commitment

Prospective buyers use the lease option way of purchasing a house as a way of locking in the price of the property. Because the purchase price has already been agreed upon, any general or local increase in real property value won’t affect the rent to own house. But the ‘locking-in’ goes both ways. Yes, you have the option to not buy the house but are you really just going to flush away all that monthly option money you’ve been paying for two or three years. The use of the term ‘option’ can be misleading. You have to be pretty sure you’re going to buy the house at the end of the lease term before you actually enter into any agreement with the owner.

Preparation

Check out the neighborhood and test the plumbing. When you’re satisfied and decided about buying the house, start making plans to ensure you actually have the capacity to do so. Building a history of prompt payments on your lease to own home is a good way to improve your credit. You’ll also need to apply for the loan early, at least 2 months before the lease ends, so that the mortgage is ready by that time. Take note that some lending institutions offer refinancing plans for lease options. Such plans are generally easier to apply for and quicker to process than new mortgages.

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Realty Express Inc. is Canada’s quick and reliable housing solution provider. Issues with down payments and bad credit are just a 24 hour assignment for them. Whether you’re buying or selling, this family business provides services for both sides of the market. Visit www.realtyexpressinc.ca and find the housing solution you need.


Six Advantages of Selling Your House to Realty Express

Have you been looking into selling your house but are quite unsure of how to exactly go about it? If you think enlisting the help of a real estate agent is the only way to go about expediting the sale, think again. If you decide to proceed with selling your home to Realty Express, Inc., then you are afforded a number of extremely rare advantages.
 
1. Saving sizeable amounts of money in the process. Selling a house entails spending of inordinate amounts of money for advertising and real estate listings. This way, the house gets proper exposure to serious buyers. Not everyone has the funds for this though. If you are one of the folks who do not have or simply do not want to spend any more money than what is needed for closing a sale, then this option is definitely for you.

2. Access to immediate help in time of financial distress. People who own multiple houses but are in terrible financial distress would rather sell some of their homes than have the other ones go into foreclosure. Sure they can go hock the house on their own. But given the market performance, they will definitely have a hard time finding determined buyers. By selling your house to Realty Express, Inc., the process is much quicker. This then allows for faster recouping of equity payments to have funds to save other properties in danger of repossession.

3. Benefit from selling your house with a high degree of certainty. Dealing with companies that are into the business of buying houses is almost always a guaranteed sale. Unlike with selling on your own or through a realtor, you won’t have much luck. Sometimes, it would take years for a fairly priced property to sell. If you do not have this much luxury of time, then opt to offer your house to Realty Express, Inc. as soon as possible.

4. Exclusive listing. You never know when your property might just be in-demand. And if you are not knowledgeable about how the market works, you may sign a document ensuring commission to a Real Estate Agent, only to find out you’ve signed an agreement giving him or her exclusive rights to find buyers. Of course now you won’t be able to look for other buyers. By selling to reputable businesses, you won’t encounter these scenarios. You won’t be forced into giving up your property if you feel in any way uncomfortable about the deal.

5. Do away with lengthy paperwork. Selling a house entails taking care of a lot of paperwork. If you sell your house directly to businesses that are buying houses, you will steer clear of such a tedious undertaking.

6. Much bigger chances of getting a good price. Another beauty about selling a house through this option is the possibility of getting more for your beloved home. Negotiations are encouraged and you will be oriented as to the fee structure. You might even get lucky and have all fees and charges taken care of, depending on the final agreement.

Realty Express, Inc. realizes that financial distress such as foreclosure can be the main reason for wanting to sell your house. This is why the process of purchasing is conducted in a fast manner to avoid even the slightest trouble for you. And if you do decide to sell to us, you’ll be happy to know that we are able to come up with a reasonable offer in as little as 24 hours to help you better weigh your options

For more information,  Please visit our site: http://www.realtyexpressinc.ca

Wednesday 16 January 2013

Current Real Estate Condition in Calgary, Alberta

Calagary is considered a populous city in Canada. Before, there was a very high demand in the city and people were actually competing in buying real estate properties in the area. However, just like any other areas in the world, Calagary was not excused from a real estate crisis resulting to low sales in properties. It was in 2008 when the Calgary housing demand expericienced setbacks because pf the eroded affordabilty. The city, however, immediately recovered from this crisis.

Home sales in Calagary said to be higher as of September 2010. The number of single family home sales in September 2010 grew by as much as 10 percent—pegged at 958 sales compared to the statistics in August 2010 which was only 867. Meanwhile, the condominium sales for the month of September was pegged at 366 which was apparently higher on the figures recorded in August 2010 which was only 364.

While the demand for houses in the area has showed recovery, the impact on prices would mainly depend on the supply available in the market. The manifested return of demand in the last half of year 2009 has helped in absorbing the oversupply of resale and new homes in the city. The oversupply actually started in 2007 when there a rapid appreciation of new home buyers have caused the delay of their previous homes’ sale.

Condominiums

As for the supply of condominiums, there seems to be an oversupply of units that continued until the end of last year. And the completion of unsold units may continue in the coming months. The oversupply of unsold and unoccupied condo may persist since investor units are immediately listed for sale. However, once the excess inventory works through the marketplace, the low level of new starts may drive prices up expecially for the lower priced end in the real estate market that cannot be supplied by the single family market.
It is interesting to note that low mortgage prices and earlier price reductions have helped in improving the affordability of home ownership among residents of the city. Recently, the average home prices become closer to the average incomes of the residents. There is an apparent narrowing gap between the cost of renting and home ownership in the city, so to speak.

Smaller Communities and Affordable Options 

For some residents, smaller communities in the city have provided them affordable options. The average rates in these communities have become very attractive for property hunters who wish to find an alternative to condo living while filling the gap between the condo prices and single family prices in the city.
Aside from the rates, the traffic and commute dilemma in the city of Calgary has made smaller towns more interesting for some home buyers. The job creation efforts among different smaller communities have also made some see those properties worth investing. Right now, however, the prices of properties in the city are slowly diminishing leaving some property hunters confused on where they should invest on. Basically, it depends on the preference of the home buyers—especially on the environment and actual price of properties.

The changes and trends on the real estate industry in Calgary Alberta have given birth to more options and alternatives to home owners. Those who want to invest on real estate properties in Calgary Alberta must think carefully before shelling out their money. They should also seek advice from experts who fully understand the real estate market in the city. Otherwise, they might just end up putting their money at risk. While real estate investment is a risk itself, there should be enough precautionary measures prior the actual deal.

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Realty Express, Inc. is an experienced provider of housing solutions to home buyers based in Alberta in Canada. As family-owned business, Realty Express, Inc. aims to help people who have bad credits or low down payments who cannot qualify the bank requirements for homeonwership. Learn more about Realty Express, Inc. at www.realtyexpressinc.ca.

Why Lease to Own?



For most people who want to buy a real estate property but are challenged in shelling out a huge amount of money, lease to own option is a practical agreement in order to acquire a real estate property. The lease to own option is recommended since home buyers would have the chance to pay the amount of the property in easier terms.

Lease to own or sometines called rent to own allows a home buyer to occupy a home without having to pay the amount in full. The payment shall be settled within the agreed time frame—making it very flexible and easier for the home buyer.

The usual rent to own option required the buyer to pay higher monthly dues compared to the amount if the propert would be bough in cash. The home buyer would also be required to pay a portion of the total price of the property through the down payment.

Formal Contract

Under the lease to own agreement, a formal contract must be drafted. This should be formalized to protect the welfare of both the home buyer and the seller of the property. The contract of the lease to own agreement shall contain deatils such as the monthly rental fees, down payment, selling price, and expiration date of the agreement. Cetain contingenies and other relevant terms must also be put into writing to make everything formal about the agreement.

The home owner has the option to sell the property without having to pay a certain amount to a rela estate broker. However, the home owner must always keep in mind that advice from a broker may be hopeful in coming up with a fair and just deal. Other paymants such as the transfer fees and title insurance must be discussed prior to the contract signing between the home owner and home buyer.

The lease to buy option is apparently different from the mere rental option. The lease to buy option does not mean automatically mean the tenant would buy the property. However, it is clearly an opportunity to purchase the property in the future. The lease to buy agreement can be a very complex process that requires expertise in the field. If you are a home owner who plans to offer your property under the lease to own agreement, you may want to consult a real estate expert first so you would not end up getting screwed on the agreement. Home buyers should do the same thing.

Buying a property is a serious business, and even the smallest details of an agreement should be carefully looked into. The lease to own option is an easy way for home buyers to purchase a property under a payment set up that is very flexible. These days, buying a property that is worth thousands or millions of dollars is not that easy. Hence, the lease to own option could be a highly viable agreement that home buyers must grab. However, they should clearly understand the contract of the agreement before they shell out any hard earned amount from their part.

The Need for a Real Estate Lawyer
In some cases, property owners and home buyers would even hire a real estate lawyer to explain the details and draw the necessary documents. There are cases when the sellers would give the option money to real estate brokers or agents are full commission. However, the help of the real estate lawyer should not be replaced by the advice of a real estate broker or agent. It is still best to look into the legal matters before entering such a serious and big real estate deal. The lease to own option is very advantegeous. You just have to know the basics and seek help from experts.

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Realty Express, Inc. is an experienced provider of housing solutions to home buyers based in Alberta in Canada. As family-owned business, Realty Express, Inc. aims to help people who have bad credits or low down payments who cannot qualify the bank requirements for homeonwership. Learn more about Realty Express, Inc. at www.realtyexpressinc.ca.