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XNET Real Estate Directory
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Dealing with time wasters will probably drive you out of the real estate investing business so here's a formula to pre-screen sellers quickly. It's called the MARLA formula and it consists of 5 magic questions. Here's what the MARLA acronym stand for: Motivation, ARV (after repair value), Repairs, Loan balance, and Asking price. These are the 5 magic questions:
1. Why do you want to sell your house?
2. What's the market value of the home?
3. Does the property need and fixing up? ...
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So you've got your mortgage loan approval and are ready to look for a home. Here's a couple of ideas to keep in mind when looking for the right home for you.
If you love gardening, you'll enjoy finding a home with a large yard, maybe something with ornamental shrubs or even a vegetable garden. Existing gardens or not, a green thumb can make any yard beautiful. However, if you've got no time for working in the garden, you'll prefer a low-maintenance, small yard. In fact, a town home with a ...
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There are many economic and market forecasts and predictions, however the bottom line is if you want to buy your first home—there is no wrong time. There is because the motivation to buy is not determined by regional market conditions or by location.
Industry opinions, economic reports and investor speculation do not sway or predict when a particular individual will be ready to buy. For the great majority of folks, the most compelling reasons to buy a home are based on individual circumstances ...
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