Real Estate Investors - Bank Foreclosures

April 22nd, 2008

The time is now to get in on year end deals from banks and
mortgage companies who are carrying foreclosure properties (REO
real estate owned). Foreclosures - REO’s are an on going problem
for the mortgage industry at a 52 year high, banks and mortgage
companies are overloaded with homes.

To get your best deals in foreclosure properties follow these
tips:

Work with a Real Estate Agent - agents are ready and
willing to work with investors, remember that agents expect to
do business now don’t drag them all over town wasting their time
and your time. Be ready to buy. Some commissions are as
low as 1.5% that’s $375.00 to an agent on a $50,000 property
which is normally $750.00 not much income after all the hoops
the mortgage companies will make them jump through.

Top Agents - In today’s real estate world the top agents
can put you into a VIP or email program where you will receive
daily emails’ with complete property descriptions and photos.
You go check out the properties you are interest in and call the
agent when you want to go inside. This comes with a price the
agent will expect you to sign a Buyer Agent agreement for this
service. Agents will bend over backwards for you if you
treat them fairly and don’t expect them to work for nothing.

MLS and REO Services - Access to property information is
pretty easy today if you know where to look. You can get access
to the public side of the MLS and find most properties for sale
you will not be able to do the fine tuned search that your agent
can. Banks and mortgage companies all have web sites you can
access to hunt for properties; again your agent can get more
detailed information and be on an email list as a registered
licensed agent. You can do all the work yourself with out an
agent, but you will need an agent to make an offer.

HUD - VA - Government Owned - The only access you will
have to these properties is through an agent who is registered
with the agency. Some properties have special keyed locks and
only registered agents have the keys. The process is more
detailed and closing by year end is not as important, this is
the government they don’t have share holders to answer to.

Be Ready To Buy - Have your financing in place line up your
hard money lenders, self-directed IRA’s, private lenders,
partners, credit cards, and cash, 2nd mortgage your home. What
ever you plan on using to buy an investment property be ready
and able to close before year end to get the best discounts.

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Tripods: Staying Still for the Perfect Photo

April 22nd, 2008

When it comes to buying a tripod there are a few things that need to be looked at and checked out. All tripods will come with a replaceable or a fixed head. Some of the tripods on the bit more expensive side will come with a replaceable head that allows the photographer to select the size of the head that will fit your camera. Some of the tripods that are great for amateurs come with a fixed head and in compact style for easier use and carrying ability. Most tripods that have the fixed heads will come with the tilt and pan handles.

Tilt and pan heads have two different handles attached to them from the sides or bottom. One is used to move the camera up and down and the other is used for the side-to-side direction. These types of heads are vital to the movie industry and anyone wanting to take mpegs with a digital camera. The ball and socket heads work well with still photography and it is needed for a firm locking and an easy give for the use of one or more camera that may need to be changed during photo shoots.

It is quite simple to mount a camera on to a tripod; all you need to do is screw the camera on it. Yes, it really is that simple! Tripods are used to keep your camera steady and extremely still. In the photography world there is an unwritten rule of thumb on when one should be used, 1/focal length s. For an example if you have a 200mm lens, the slowest speed that you should use without a tripod is 1/200 s. Anything over that your camera should be mounted on a tripod for a more clear and steady picture.

Author Info:

Albreht Moy has fine art reproductions at his website.

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