Michael_Keen's Articles in Real Estate - Article Castle - Article Resources

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Michael_Keen's Articles in Real Estate

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Real Estate Basics for Complete Idiots It is our personal belief that any idiot can buy or sell real estate, it is not only our belief it is also a fact, no one would ever believe that a lower class gun touting hill billy from Texas could ever cash in on the prospects of real estate however texas is home to some of the most wealthy real estate investors whom never finished Middle school and began work at the age of 13 to pay the bills after marrying there cousins (ok yeah I know that was out of line). The point we are trying to make is by knowing real estate basics anyone and we mean anyone can make money buying and selling real estate, just read our basics below. Bad Tenants Make You Big Money Ever thought bad tenants were (ofcourse they are) , well the key to earning instead of losing from bad tenants is simple to sell all there stuff. It might sound a little mean at first but if done right you can gain everything they own literally. Liquidated damages - damages are said to be liquidated (also referred to as liquidated and ascertained damages) when the amount of damages recoverable in the event of a specified breach (eg late performance) is agreed at the date of the contract. In such circumstances a liquidated damages provision will be included in the contract. When damages are not predetermined/assessed in advance then the amount recoverable is said to be ‘at large’ (to be agreed or determined by a court or tribunal in the event of breach). Never trust the Elderly When Buying Property When purchasing property many would often think that older people are the best victims, erg I mean sellers ( holds Chuckle), they are probably more desperate to sell and know less about the value of their property however this is where you are very wrong, old people are generally less likely to sell that many other groups, when approaching older sellers always ask why are you selling, how long have you been living here and are there any problems with this property (ofcourse they are going to answer everything positively).

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