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	<title>Missouri Realty Watch</title>
	<link>http://www.missourirealtywatch.com/blog</link>
	<description>Real Estate Information for Missouri</description>
	<pubDate>Thu, 10 Jul 2008 06:02:23 +0000</pubDate>
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		<title>Foreclosure Deals - Are Bank Websites the Places to Find Them?</title>
		<link>http://www.missourirealtywatch.com/blog/archives/14</link>
		<comments>http://www.missourirealtywatch.com/blog/archives/14#comments</comments>
		<pubDate>Thu, 10 Jul 2008 06:02:23 +0000</pubDate>
		<dc:creator>missouriman</dc:creator>
		
		<category><![CDATA[Investing]]></category>

		<guid isPermaLink="false">http://www.missourirealtywatch.com/blog/archives/14</guid>
		<description><![CDATA[By Melanie R. Jordan
I am more and more amused when I find media stories offering advice on finding foreclosure deals to foreclosure investors and the general public. It seems to me that the stories should actually be called how not to find foreclosure deals!]]></description>
			<content:encoded><![CDATA[<p>By <a href="http://ezinearticles.com/?expert=Melanie_R._Jordan">Melanie R. Jordan</a></p>
<p>I am more and more amused when I find media stories offering advice on finding <A HREF="http://www.kqzyfj.com/sk82qgpmgo36B6BA66398AD956?sid=blog">foreclosure</A> deals to <A HREF="http://www.kqzyfj.com/sk82qgpmgo36B6BA66398AD956?sid=blog">foreclosure</A> investors and the general public. It seems to me that the stories should actually be called how not to find <A HREF="http://www.kqzyfj.com/sk82qgpmgo36B6BA66398AD956?sid=blog">foreclosure</A> deals!<!--</p>
<p>&#8211;></p>
<p>Take this gem from a recent story from US News &amp; World Report, they thought that searching bank web sites for foreclosures is a way to go! Actually many people think that working directly with the banks and buying an REO is one of the best ways to find <A HREF="http://www.kqzyfj.com/sk82qgpmgo36B6BA66398AD956?sid=blog">foreclosure</A> deals. Not true, according to Dan.</p>
<p>While it&#8217;s not impossible to find a good deal on a <A HREF="http://www.kqzyfj.com/sk82qgpmgo36B6BA66398AD956?sid=blog">foreclosure</A> from a bank, it&#8217;s not very likely. An REO is created when basically no one else decides they want it after it goes up for auction by the local authorities, so the bank gets to be the happy new owner.</p>
<p>So let&#8217;s see, the <A HREF="http://www.kqzyfj.com/sk82qgpmgo36B6BA66398AD956?sid=blog">foreclosure</A> investing pros have decided that the foreclosed property is not one they want to buy, so naturally now that the bank was forced to take it back, it simply must be an awesome deal. Oh please.</p>
<p>First National Wonderful Bank, who was the genius who either made the loan on this place, bought the paper on it, or acquired the mortgage when they merged with another bank, is now stuck with this property and hopes it can dump its troubles off on you, the less than savvy <A HREF="http://www.kqzyfj.com/sk82qgpmgo36B6BA66398AD956?sid=blog">foreclosure</A> investor, or you, the less than savvy home buyer. That&#8217;s it. In fact, if you buy it, the bank officers will likely do a little dance and high-five each other in relief.</p>
<p>Banks are stuck with lots of foreclosed properties these days, so it no longer carries the stigma it once did to have these REOs on their books, and, as such, the banks really aren&#8217;t giving these properties away. So please do not think that a <A HREF="http://www.kqzyfj.com/sk82qgpmgo36B6BA66398AD956?sid=blog">foreclosure</A> property appearing on a bank web site is likely to be a sweet deal, most of the time, it is not.</p>
<p>Copyright 2008 SunLover Publishing LLC</p>
<p>Melanie Jordan is a former California and Nevada Realtor®, a former loan officer, and present-day Author, Marketing and Infopreneur Coach and Sales Trainer. She is co-author of a complete home study training program for <A HREF="http://www.kqzyfj.com/sk82qgpmgo36B6BA66398AD956?sid=blog">foreclosure</A> investors called &#8220;Winning At The <A HREF="http://www.kqzyfj.com/sk82qgpmgo36B6BA66398AD956?sid=blog">foreclosure</A> Game: Making Your Fortune With Empathy And Ethics&#8221; with Dan Chaco, an Orange County, CA <A HREF="http://www.kqzyfj.com/sk82qgpmgo36B6BA66398AD956?sid=blog">foreclosure</A> expert, investor and educator.</p>
<p>Free <A HREF="http://www.kqzyfj.com/sk82qgpmgo36B6BA66398AD956?sid=blog">foreclosure</A> investing resources available at her site <a href="http://www.YouCanMakeMoneyInForeclosures.com">http://www.YouCanMakeMoneyInForeclosures.com</a> include her &#8220;Make Money In Foreclosures Blog&#8221;, &#8220;The Best Way To Make Money In Foreclosures&#8221; Special Report and &#8220;Making Your Fortune In Foreclosures&#8221; e-book. More information on her Infopreneur, Marketing and Sales Training Services may be found at <a href="http://www.SunLoverPublishing.com">http://www.SunLoverPublishing.com</a></p>
<p>Article Source: <a href="http://ezinearticles.com/?expert=Melanie_R._Jordan">http://EzineArticles.com/?expert=Melanie_R._Jordan</a><br />
<a href="http://ezinearticles.com/?Foreclosure-Deals---Are-Bank-Websites-the-Places-to-Find-Them?&amp;id=1294589">EzineArticles.com</a></p>
<p><a href="http://www.socialmarker.com/?link=http://buyaforeclosurehome.sharp-buyer.com/index.php/2008/07/07/foreclosure-deals-are-bank-websites-the-places-to-find-them/&amp;title=Foreclosure+Deals+-+Are+Bank+Websites+the+Places+to+Find+Them%3F&amp;text=By+Melanie+R.+Jordan+++++I+am+more+and+more+amused+when+I+find+media+stories+offering+advice+on+finding+foreclosure+deals+to+foreclosure+investors+and+the+general+public.&amp;tags=that+the%2C+foreclosure"><img src="http://www.socialmarker.com/bookmark.gif" border="0" /></a><a href="http://www.socialmarker.com">Social Bookmarking</a>
<p><b>Source:</b> <a href="http://buyaforeclosurehome.sharp-buyer.com/index.php/2008/07/07/foreclosure-deals-are-bank-websites-the-places-to-find-them/"> buy foreclosure homes</a></p>
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		<title>As Market Tanks Real Estate TV Still Thrives</title>
		<link>http://www.missourirealtywatch.com/blog/archives/13</link>
		<comments>http://www.missourirealtywatch.com/blog/archives/13#comments</comments>
		<pubDate>Sun, 25 May 2008 22:59:50 +0000</pubDate>
		<dc:creator>missouriman</dc:creator>
		
		<category><![CDATA[Investing]]></category>

		<guid isPermaLink="false">http://www.missourirealtywatch.com/blog/archives/13</guid>
		<description><![CDATA[The real estate market may have cooled considerably, but not real estate television. House-flipping and home-renovation programs are still big hits on cable. While for-sale signs sprout on lawns across the country, TV programmers are like developers who plow ahead with new housing projects anyway.
New seasons of the A&#38;E network&#8217;s &#8220;Flip This House&#8221; &#8212; one [...]]]></description>
			<content:encoded><![CDATA[<p>The real estate market may have cooled considerably, but not real estate television. House-flipping and home-renovation programs are still big hits on cable. While for-sale signs sprout on lawns across the country, TV programmers are like developers who plow ahead with new housing projects anyway.</p>
<p>New seasons of the A&#38;E network&#8217;s &#8220;Flip This House&#8221; &#8212; one of a troika with TLC&#8217;s &#8220;Flip that House&#8221; and Bravo&#8217;s &#8220;Flipping Out&#8221; are premiering. HGTV had its highest prime-time ratings ever in January. Nine of its top 10 series deal with the housing market, including &#8220;House Hunters,&#8221; &#8220;My First Place,&#8221; &#8220;Hidden Potential,&#8221; &#8220;Buy Me&#8221; and &#8220;Design to Sell.&#8221; The network did a special theme day Feb. 29: &#8220;taking the big leap,&#8221; or investing in that first house.</p>
<p><a href="http://www.washingtonpost.com/wp-dyn/content/article/2008/03/13/AR2008031300007.html?referrer=digg">read more</a> | <a href="http://flipthishouseonline.net/business_finance/As_Market_Tanks_Real_Estate_TV_Still_Thrives">digg story</a></p>
<p><b>Source:</b> <a href="http://flipthishouseonline.net/as-market-tanks-real-estate-tv-still-thrives.html">Real Estate</a></p>
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		<title>The Exclusive Listing Agreement</title>
		<link>http://www.missourirealtywatch.com/blog/archives/12</link>
		<comments>http://www.missourirealtywatch.com/blog/archives/12#comments</comments>
		<pubDate>Sun, 25 May 2008 22:57:00 +0000</pubDate>
		<dc:creator>missouriman</dc:creator>
		
		<category><![CDATA[Tips]]></category>

		<guid isPermaLink="false">http://www.missourirealtywatch.com/blog/archives/12</guid>
		<description><![CDATA[When you finally decide on a realtor, you&#8217;ll be required to sign a &#8220;Listing Agreement.&#8221;
Make sure you fully understand the ramifications of this innocuous piece of paper. It ties your hands in a way that can affect you profoundly.
The way the Real Estate Industry has set things up, the Listing Agreement is basically an &#8220;exclusivity [...]]]></description>
			<content:encoded><![CDATA[<p>When you finally decide on a realtor, you&#8217;ll be required to sign a &#8220;Listing Agreement.&#8221;</p>
<p>Make sure you fully understand the ramifications of this innocuous piece of paper. It ties your hands in a way that can affect you profoundly.</p>
<p>The way the Real Estate Industry has set things up, the Listing Agreement is basically an &#8220;exclusivity contract.&#8221; Once signed and in effect, it denies you the right to a second opinion. The Exclusive Listing Agreement&#8221; executed between your agent, his or her agency, and you states, in so many words, that no other real estate agent is allowed to interfere in any way with the progress of your sale.</p>
<p>In other words, any other realtor who approaches you with an offer to sell your home is in breach of the Code Of Ethics established by the N.A.R. (National Association of Realtors). By extension, if you approach any other realtor with questions or for advice regarding your property, you are not only putting that realtor&#8217;s standing in jeopardy, but you are in breach of your Exclusive Listing Agreement.</p>
<p>That could jeopardize any transaction involving you, your realtor or your property.</p>
<p>The Listing Agreement is a contract between you, your specific agent, any agency he or she works for or with (Century21, ERA, Coldwell-Banker, etc.) and the governing agency in your state, as well as the agency or agencies (federal, state and/or local) that govern them.</p>
<p>It works this way: In California, for example, the governing agency is the C.A.R. (California Associan of Realtors). It is a sanctioned branch of the N.A.R. mentioned above.</p>
<p>In other words, when you sign what appears to be a simple agreement between you and that sweet realtor sitting across the table, whom you like so much, you&#8217;re actually entering into an agreement with one of the most powerful and influential bodies in the United States.</p>
<p>Think about it. Donald Trump can&#8217;t sell property without entering into such an agreement. If he acts in a way that can be even remotely interpreted as a breach of that agreement, it makes national morning headlines. Donald Trump can afford to make a mistake.</p>
<p>You can&#8217;t.</p>
<p>This is one of the reasons why it is so important to choose your realtor with extreme caution. You will be entering into an agreement that will tie you, lock you, into that agent for the duration of that agreement.</p>
<p>Now, the Exclusive Listing Agreement can be stated to exist for an arbitrary period of time. You and your agent will decide its duration. It could be for 30, 60, 90 days, on average. Your agent will probably determine how long it will take, in his or her opinion, to successfully sell your house. He or she will suggest that the agreement extend for at least that period of time.</p>
<p>Now, here&#8217;s where it gets tricky. You can cancel the agreement at any time. It&#8217;s your right and prerogative. However, wording in the agreement states, in so many words (at least in California) that, if you terminate the agreement voluntarily, you will still owe your realtor his or her full commission IF a sale occurs within 30 days after termination, and the buyer is someone who viewed the house while the agreement was still in effect.</p>
<p>If you do cancel an ELA with an agent, and hire another, an ethical agent will usually tell you to take the house off the market for 30 days. Once that time has passed, the new agent can list your house without any encumberances involving your previous agent.</p>
<p>The question is whether you can afford to take your house off the market. In a Seller&#8217;s Market, when housing values are up, you might. In a Buyer&#8217;s Market, when the value of your home is depreciating, you might not.</p>
<p>So, selecting the right agent, and committing to a contract, becomes one of the most critical aspects of putting your home on the market. The Exclusive Listing Agreement should never be taken lightly, and should never be extended arbritrarily beyone 30 days to start. Much depends on how much you trust your chosen realtor&#8217;s abilities and accumen, tempered by how long you can afford to have your home off the market should your realtor let your down.</p>
<p><b>Source:</b> <a href="http://realestateprosandwoes.com/4/the-exclusive-listing-agreement/"> agreement</a></p>
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		<title>REALTORS’ Code Of Ethics</title>
		<link>http://www.missourirealtywatch.com/blog/archives/11</link>
		<comments>http://www.missourirealtywatch.com/blog/archives/11#comments</comments>
		<pubDate>Sun, 25 May 2008 22:53:43 +0000</pubDate>
		<dc:creator>missouriman</dc:creator>
		
		<category><![CDATA[Tips]]></category>

		<guid isPermaLink="false">http://www.missourirealtywatch.com/blog/archives/11</guid>
		<description><![CDATA[The National Association Of REALTORS (N.A.R.) imposes a strict Code Of Ethics and Standard Of Practice on member real estate agents and brokers. It&#8217;s important to know, however, that not all realtors are members of the N.A.R.
The N.A.R. is a voluntary membership organization, and most reputable realtors are members. Members are identifiable by the REALTOR service [...]]]></description>
			<content:encoded><![CDATA[<p><img src="http://realestateprosandwoes.com/realtor_logo.jpg" alt="Realtor Logo" width="87" height="90" />The National Association Of REALTORS (N.A.R.) imposes a strict Code Of Ethics and Standard Of Practice on member real estate agents and brokers. It&#8217;s important to know, however, that not all realtors are members of the N.A.R.</p>
<p>The N.A.R. is a voluntary membership organization, and most reputable realtors are members. Members are identifiable by the REALTOR service mark, as illustrated here.</p>
<p>Any licensed real estate agent or broker can join, though. N.A.R. membership does not, in and of itself, guarantee that you are dealing with an honest, ethical agent. It does, however, help in selecting a realtor, and may be of assistance should problems arise before, during or after the transaction.</p>
<p>Most reputable real estate agencies require N.A.R. membership of their agents, brokers and sales assistants.</p>
<p>You can review the N.A.R. Code Of Ethics and Standard Of Practice <strong><a title="NAR Code Of Ethics" href="http://www.realtor.org/MemPolWeb.nsf/pages/COde">HERE</a></strong>.</p>
<p><b>Source:</b> <a href="http://realestateprosandwoes.com/5/realtors-code-of-ethics/"> association</a></p>
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		<title>St. Louis Featured Agent</title>
		<link>http://www.missourirealtywatch.com/blog/archives/9</link>
		<comments>http://www.missourirealtywatch.com/blog/archives/9#comments</comments>
		<pubDate>Tue, 29 Jan 2008 15:30:46 +0000</pubDate>
		<dc:creator>missouri</dc:creator>
		
		<category><![CDATA[Buying]]></category>

		<category><![CDATA[Investing]]></category>

		<category><![CDATA[Featured Agents]]></category>

		<guid isPermaLink="false">http://www.missourirealtywatch.com/blog/archives/9</guid>
		<description><![CDATA[Are you thinking about buying in St. Louis and looking for a buyer&#8217;s agent? You may want to consider Opal Campbell. Missouri Realty Watch located Opal&#8217;s website by search for agents in St. Louis, MO. Buyer&#8217;s agent websites seem to be a little tougher to find. Yet, MRW (Missouri Realty Watch) is featuring Opal as [...]]]></description>
			<content:encoded><![CDATA[<p><img src="http://www.morealtywatch.com/blog/images/blogPostImages/opal-campbell.jpg" alt="Buyer's Agent Opal Campbell" class="floatLeft"/>Are you thinking about buying in St. Louis and looking for a buyer&#8217;s agent? You may want to consider Opal Campbell. Missouri Realty Watch located Opal&#8217;s website by search for agents in St. Louis, MO. Buyer&#8217;s agent websites seem to be a little tougher to find. Yet, MRW (Missouri Realty Watch) is featuring Opal as the featured agent for the month of January.<br />
So, what can you expect from this <a href="http://www.opalcampbell.com/">St. Louis Buyer&#8217;s agent</a>? Well, her website indicates she has 25 years experience in real estate in and around St. Louis.<br />
In addition to experience Opal says she &#8220;is serious about learning all she can to better serve her clients&#8221;. This sentence is in bold print on her website, which seems to indicate that she wants to be known for that quality.<br />
Opal&#8217;s credentials and memberships are covered thoroughly on her site so we won&#8217;t cover it all here. But if you are looking for a buyer&#8217;s agent in North Eastern Missouri, you may want to consider talking with Opal about you intentions.</p>
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		<title>Home Buyers Check List</title>
		<link>http://www.missourirealtywatch.com/blog/archives/10</link>
		<comments>http://www.missourirealtywatch.com/blog/archives/10#comments</comments>
		<pubDate>Sat, 15 Dec 2007 15:36:33 +0000</pubDate>
		<dc:creator>missouri</dc:creator>
		
		<category><![CDATA[Buying]]></category>

		<category><![CDATA[Investing]]></category>

		<guid isPermaLink="false">http://www.missourirealtywatch.com/blog/archives/10</guid>
		<description><![CDATA[What should you keep in mind when buying a home? While people have a variety of things they keep in mind when browsing a specific market, here is an article that has some good points to consider when looking to buy a home.
]]></description>
			<content:encoded><![CDATA[<p>What should you keep in mind when buying a home? While people have a variety of things they keep in mind when browsing a specific market, here is an article that has some good points to consider when <a href="http://www.morealtywatch.com/homes/article.php?cat=4&#038;art=5">looking to buy a home</a>.</p>
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		<title>Need More Than Nine Bedrooms?</title>
		<link>http://www.missourirealtywatch.com/blog/archives/8</link>
		<comments>http://www.missourirealtywatch.com/blog/archives/8#comments</comments>
		<pubDate>Tue, 06 Nov 2007 15:42:17 +0000</pubDate>
		<dc:creator>missouri</dc:creator>
		
		<category><![CDATA[Investing]]></category>

		<category><![CDATA[Site Progress]]></category>

		<category><![CDATA[Miscellaneous]]></category>

		<guid isPermaLink="false">http://www.missourirealtywatch.com/blog/archives/8</guid>
		<description><![CDATA[If you&#8217;re searching for a home that has enough room for the extended family, or perhaps your immediate family is extended, then you might find this list of 10+ bedroom homes in Kansas City a great match. At the time of this post, there is only one property listed for KC (however there is seven [...]]]></description>
			<content:encoded><![CDATA[<p><img src="http://www.missourirealtywatch.com/blog/images/blogPostImages/11-bedroom-house.jpg" alt="Kansas City Home" class='floatRight' />If you&#8217;re searching for a home that has enough room for the extended family, or perhaps your immediate family is extended, then you might find this list of <a href="http://www.morealtywatch.com/listings.php?mrw_loc=kansas+city+mo&#038;mrw_ptype=single+family&#038;mrw_beds=10&#038;mrw_baths=&#038;mrw_min=0&#038;mrw_max=1000000000&#038;mrw_ltype=for+sale&#038;searchSubmit=Submit">10+ bedroom homes in Kansas City</a> a great match. At the time of this post, there is only one property listed for KC (however there is seven in the <a href="http://www.morealtywatch.com/listings.php?mrw_loc=mo&#038;mrw_ptype=single+family&#038;mrw_beds=10&#038;mrw_baths=&#038;mrw_min=0&#038;mrw_max=1000000000&#038;mrw_ltype=for+sale&#038;searchSubmit=Submit">entire state of Missouri</a>). As you can see, the list is generated using the <a href="http://www.morealtywatch.com/listings.php">Missouri real estate search tool</a>. I simply narrowed my search by selecting ten as the minimum number of bedrooms and Kansas City as the town. The results will show you all the properties in KC that have 10 or more bedrooms. The same principle could be used for filtering results by bathrooms, price range, and town.</p>
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		<title>Housing Market for Branson</title>
		<link>http://www.missourirealtywatch.com/blog/archives/7</link>
		<comments>http://www.missourirealtywatch.com/blog/archives/7#comments</comments>
		<pubDate>Sun, 28 Oct 2007 14:31:45 +0000</pubDate>
		<dc:creator>missouri</dc:creator>
		
		<category><![CDATA[Selling]]></category>

		<category><![CDATA[Buying]]></category>

		<category><![CDATA[Investing]]></category>

		<category><![CDATA[Tips]]></category>

		<guid isPermaLink="false">http://www.missourirealtywatch.com/blog/archives/7</guid>
		<description><![CDATA[You see it all over the national news. It seems like every day there is a news report  warning people of the bad real estate market. However, the context in which they speak is one of generalities and should not be taken to mean that the real estate market is down everywhere. That is [...]]]></description>
			<content:encoded><![CDATA[<p>You see it all over the national news. It seems like every day there is a news report  warning people of the bad real estate market. However, the context in which they speak is one of generalities and should not be taken to mean that the real estate market is down everywhere. That is the gist of an article featured here on MORealtyWatch that discusses the <a href="http://www.morealtywatch.com/buying/article.php?cat=6&#038;art=1">national real estate reports</a>.</p>
<p>One community that seems to have a trend that differs compared to other real estate markets is Branson, MO. Recently in an <a href="http://bransondailynews.com/story.php?storyID=5194">article discussing the Branson market</a>, One agent (<a href="http://www.bransonopenhouse.com/exec_detail.php?eid=1368">Doug Edens</a>) had positive things to say about the small vacation destination.</p>
<p>The bottom line is that before you decide to buy or not to buy a property, check the market in a specific locale to get an idea of the condition of that area&#8217;s real estate market.</p>
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		<title>Missouri REALTOR® Featured Agent for October</title>
		<link>http://www.missourirealtywatch.com/blog/archives/6</link>
		<comments>http://www.missourirealtywatch.com/blog/archives/6#comments</comments>
		<pubDate>Fri, 26 Oct 2007 16:54:38 +0000</pubDate>
		<dc:creator>missouri</dc:creator>
		
		<category><![CDATA[Featured Agents]]></category>

		<guid isPermaLink="false">http://www.missourirealtywatch.com/blog/archives/6</guid>
		<description><![CDATA[
This month&#8217;s featured agent for MORealtyWatch is a Realty Executive in the Branson area. Carrie Higgs is a REALTOR® located in the Missouri vacation destination. Being born and raised in the Branson area, Carrie no doubt is familiar with the area and realizes the intricate details of the ever-changing Branson real estate market Why is [...]]]></description>
			<content:encoded><![CDATA[<p><img src="http://www.missourirealtywatch.com/blog/images/blogPostImages/carrie-higgs.jpg" alt="Branson, Missouri real estate agent" class="floatLeft" /><br />
This month&#8217;s featured agent for MORealtyWatch is a <a href="http://www.bransonopenhouse.com/exec_detail.php?eid=594">Realty Executive in the Branson area</a>. Carrie Higgs is a REALTOR® located in the Missouri vacation destination. Being born and raised in the Branson area, Carrie no doubt is familiar with the area and realizes the intricate details of the <a href="http://realestate.yahoo.com/Missouri/Branson" >ever-changing Branson real estate market</a> Why is that so important?</p>
<p>One reason a knowledgable agent is so important is because property values can be impacted by the slightest of factors. For example, if a property is situated in a location that will see growth in the near future, the value of that property can be affected. Similarly, When selling a property, an agent with a good deal of life experience in a particular area might know of purchasing trends that might not be obvious to other real estate professionals in that same area.<br />
Another point sellers might be interested in is that Carrie seems to make an effort in promoting properties through modern means. Hence, she has <a href="http://activerain.com/blogs/mamom">a blog of new listings and other real estate related information</a> from her perspective.</p>
<p>Carrie&#8217;s bio page tells much about her history of growing up in the very area she represents. With a family of her own, she undoubtedly has a good grasp of what aspects of home buying are imortant to a family looking to purchase a new home in the Ozarks. As an informed professional, she projects a working knowledge of the real estate market in and around Southwest Missouri&#8217;s famous vacation town. For those reasons Carrie Higgs is the Missouri Realty Watch featured agent for October 2007.</p>
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		<title>Investing in Real Estate</title>
		<link>http://www.missourirealtywatch.com/blog/archives/5</link>
		<comments>http://www.missourirealtywatch.com/blog/archives/5#comments</comments>
		<pubDate>Fri, 06 Jul 2007 13:25:03 +0000</pubDate>
		<dc:creator>missouri</dc:creator>
		
		<category><![CDATA[Investing]]></category>

		<category><![CDATA[Tips]]></category>

		<category><![CDATA[Miscellaneous]]></category>

		<guid isPermaLink="false">http://www.missourirealtywatch.com/blog/archives/5</guid>
		<description><![CDATA[It&#8217;s no secret that there is a good deal of money to be made in real estate. In fact, many of the rich and famous have made much of their fortune by investing in real estate. But, what kinds of things should one be aware of when investing in real property? There are many aspects [...]]]></description>
			<content:encoded><![CDATA[<p><img src="http://www.missourirealtywatch.com/blog/images/blogPostImages/home-1.jpg" alt="Residential Home" class="floatRight" />It&#8217;s no secret that there is a good deal of money to be made in real estate. In fact, many of the rich and famous have made much of their fortune by investing in real estate. But, what kinds of things should one be aware of when investing in real property? There are many aspects to consider but this post will mention two very important facets to consider when investing in realty.</p>
<p><strong>Fixer Uppers</strong><br />
If you are investing in a property it may be a good idea to do your homework. There are so many things to consider when making a real estate purchase. Often times one can find homes that are in good condition, but need a little attention. Putting some time, <img src="http://www.missourirealtywatch.com/blog/images/blogPostImages/fixer.jpg" alt="Home Needing a Little Work" class="floatLeft" />effort, and money into a property can yield beneficial results. Knowing some of the common &#8220;little things&#8221; and how to fix them can certainly boost the gain potential of a home that just needs minor repairs.</p>
<p>Where does one find the information? There are many sources that offer insight on various aspects of renovating properties. Perhaps you can find advice from a book about <a href="http://www.amazon.com/gp/redirect.html?ie=UTF8&#038;location=http%3A%2F%2Fwww.amazon.com%2FComplete-Photo-Guide-Home-Improvement%2Fdp%2F1589232127%3Fie%3DUTF8%26s%3Dbooks%26qid%3D1188911092%26sr%3D1-1&#038;tag=lawnorgarden-20&#038;linkCode=ur2&#038;camp=1789&#038;creative=9325">home improvement</a><img src="http://www.assoc-amazon.com/e/ir?t=lawnorgarden-20&amp;l=ur2&amp;o=1" alt='' /> or help from a <a href="http://remodelforcheap.com">home remodeling website</a>. In any case, The more knowledge that can be applied to investing, the more effective the one that uses the knowledge becomes at finding the income generators.</p>
<p><strong>Know the Area</strong><br />
Another important aspect of investing is becoming educated with the area in which you are investing. Buying a property for the purpose of reselling is good but there might be potential snags that aren&#8217;t readily apparent. Getting good information from public records and resources on the internet can simplify research.</p>
<p>For example, One real estate agent in Missouri has implemented a <a href="http://76realty.com/homemaps.php">search tool for real estate in the Branson area</a>. If you open that link and click the search options link just below the 76 Realty logo, you&#8217;ll find that the tool has many features to search on. Each property can be mapped if you so choose and you can map locations of offenders in the same area. Having knowledge of helpful tools like this one can make researching the home in which you are looking to invest much easier and beneficial in the long run.</p>
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