Wayne D. Lewis, SR's Blog – September 2011 Archive (4)

1st Time Real Estate Investor-Inspect for Profit

 1st Time Real Estate Investor-Inspect for Profit

by Wayne D. Lewis, Sr.

Associate Broker-Gardner Realtors

Congratulations!  As a 1st time Real Estate Investor, you have gotten an acceptance on your first piece of property.  How does it feel?  You are going to have to shake off any…

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Added by Wayne D. Lewis, SR on September 22, 2011 at 7:15pm — 4 Comments

How Not to Loose Your Deposit

How Not to Loose Your Deposit

By Wayne Lewis, Associate Broker, Gardner Realtors

September 17, 2011

 

            As a First Time Real Estate Investor, there are at least three (3) things you will to remember regarding your deposit in order to ensure that it either goes to the sale of the property, or that you get it back in the event that you don’t purchase the investment property.  They are:

  1. Read and understand the contract the Agreement to…
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Added by Wayne D. Lewis, SR on September 17, 2011 at 8:37am — No Comments

The Difference between the Deposit and the Downpayment by Wayne Lewis, Gardner Realtors

 

    Whether you are a 1st time home buyer or 1st time Real Estate Investor, you will want to make sure that you know where your money is being applied.  The issue of the Deposit verses the Down payment continues to come up, even for the most experienced real estate buyer.  Knowing the difference, and knowing where to find that difference on the Housing & Urban Development (HUD) Statement (as it relates to Louisiana only), is important, and here is why-(Not to be considered as…

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Added by Wayne D. Lewis, SR on September 6, 2011 at 12:02pm — No Comments

First Time Real Estate Investors-FYI- by Wayne Lewis, Associate Broker

    First Time Real Estate Investors-FYI

 

     Good evening and thank you for stopping by.  One of the things that I ask when I come across an investor is how long have they been an investor.  One reason I ask is to break the ice, it makes a good conversation starter.  Another reason that I ask is because I want to know if I am dealing with an experienced investor verses someone who has sat in front of a HGTV set, or read enough 100's of books, and are now ready to begin their…

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Added by Wayne D. Lewis, SR on September 1, 2011 at 12:32pm — 3 Comments

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