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Investing is Serious Business: Tips to manage by - don't discount these management controls

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Helping you understand and manage home improvements and investment projects for you. The first thing to remember is whether you are planning  a small home improvement or a large multi-unit apartment building development planning will be the key to your success. You will need a basic information management structure to keep your project on track.  Your EAGA project concierge will help you to: identify your project's design parameters establish your quantities and takeoffs establish a schedule for your project identify qualified contractors to work on your project evaluate your contractor's approach and schedule to complete the work These are just a few quick  hints of what you can aspect from your concierge. Design Plans  – On smaller investments and home remodeling projects design and layouts are critical to a success plan. We'll help you design and coordinate this effort. The Quantit...

So You're Ready to Buy: Simplified list of forms and brief explanations

So you’re ready to buy a property and not sure what you need to do to get started. This article list the required documents and gives a brief description of how they are used. The order in which the documents are signed is not as important as understanding the role and purpose of each document.  We prefer to set up what we call a “ Signing Appointment” with our clients.  The “Signing Appointment” is usually in a relaxed and comfortable environment, typically selected by our client. Consumer Notice -  This form requires a signature and discloses the business relationship available to consumers when working a realtor. This form should be and is provided at the initial client meeting. Business Relationship Agreement  -  This form requires a signature and establishes the buyer agency relationship between the buyer and agent. The form is signed once all the terms of the relationship are agreed to by the buyer and agent. Buyer’s Est...

Targeted Investing

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Everyone needs a home of their own. Investors are encouraged to focus on smaller single family homes suitable for first time home buyers. They are out there. Properties with low acquisition cost and moderate repair cost budgets are a realistic investment strategy for the start up investor or the seasoned investor who traditionally focused on larger more expensive properties. Consider purchasing a foreclosure for under $25,000 dollars in a solid neighborhood close to transportation, shopping, schools and community support agencies. This combination is not hard to find. Surprisingly, there are areas like this all over Philadelphia. Focus on life safety and comfort repairs that will bring the property up to standard. New heating systems, roofing, electrical systems are critical components. These items will most definitely be inspected during a home inspection.  Build future equity into the property with a new kitchen and bathroom. Standard bath fixtures are economically priced. B...

Confidence

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We Have a New Look

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We have a new look and want to thank you for following our blog over the past year. We are grateful for your support and look forward to increasing our content in hopes of helping our current clients and new users achieve their objectives for the new year.  In the upcoming year we will be segregating our content into the following categories: 1.Real Estate Sales and Rentals 2.Mortgages and Finance 3.Certified Closings Agent / Notary 4.Asset Portfolio Management  5.Construction and Project Management Thank you again and we wish everyone a Happy and Prosperous New Year admin@eagodboltcm.com

230k Loan Process

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Understanding the requirements and taking advantage of the HUD 2o3k Rehabilitation Mortgage Loan program can be a great help to new home buyers. The loan program contains criteria that may benefit a buyers purchase in many ways. The loan is not restricted to single family dwellings but can not be used to improve condos. The loan can be used to move a property from one site to another but has stated restrictions. To learn more about the requirements and the restrictions of this loan program click on the link above. If you are interested in purchasing a new home, want to work with a knowledgable Realtor, take advantage of this loan program call us at 215-395-6220. If you navigate away from this article to read other articles, you can quickly find this information by going to the side bar under the Real Estate tab.

Philadelphia Housing Stats

Despite indications of continued drops in the regional housing market, Philadelphia appears to be better off then most large national cities. Industry and jobs stablity remain an important factor in buyers ability to enter the market. Econsult.com of Philadelphia, is a viable source of information on economic and litigating housing issues. For housing statistics and comprehensive price studies and other issues affecting local housing markets see the attached link.