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	<title>St James Real Estate News &#187; Real Estate</title>
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	<link>http://www.stjameslots.com</link>
	<description>Tips for buying and selling real estate</description>
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		<title>Buying a Vacation Home</title>
		<link>http://www.stjameslots.com/buying-a-vacation-home/</link>
		<comments>http://www.stjameslots.com/buying-a-vacation-home/#comments</comments>
		<pubDate>Wed, 09 Sep 2009 11:51:12 +0000</pubDate>
		<dc:creator>Real Estate Guru</dc:creator>
				<category><![CDATA[Real Estate]]></category>

		<guid isPermaLink="false">http://www.stjameslots.com/?p=350</guid>
		<description><![CDATA[Do you ever feel like you need a break? Ever dreamt of spending your time in a place where your mind could be free? If you have been thinking of of taking a vacation, you should start looking for a vacation home that would give you the peaceful living you have been longing for.  However, [...]]]></description>
			<content:encoded><![CDATA[<p>Do you ever feel like you need a break? Ever dreamt of spending your time in a place where your mind could be free? If you have been thinking of of taking a vacation, you should start looking for a vacation home that would give you the peaceful living you have been longing for.  However, there are always some considerations that you must think about before choosing a vacation home.</p>
<p>You must check your goals. This may seem very basic, but often people don’t know what they really want, so it is a good thing to determine beforehand your preferences. After doing this, you can now start looking for your preferred vacation home, in accord with your tastes and needs.</p>
<p>If you are the kind of person who loves the sparkling waters of beaches and does not like chilly evenings, then the Florida Keys is one of the places that you must consider. Water sports, snorkeling, exploring underwater coral beds, or diving, can all be enjoyed here.</p>
<p>Another great place to spend a yearly vacation is at Lake   Tahoe, California. This great outdoor location is just the right place for you and your family. With its wonderful beaches, and peaceful surroundings, it is truly a magnificent vacation settlement.</p>
<p>There are so many other destinations that you can consider for buying your second home such as New Hope, Nantucket, Hampton, Carolina, Brunswick, and so many other places that would give you the best time on your vacation.</p>
<p>Before you purchase your dream vacation home, make sure that you have fully understood all relevant data pertaining to the house you have chosen. Aside from ascertaining that the prospect home meets all your needs, it must also be affordable in a sense. You could opt to look for emerging vacation spots, since real estate in these areas would not be too expensive unlike those popular destination spots.</p>
<p>Check out the title of your chosen home and be meticulous with mortgage and foreclosures. If you are not careful with this, you might turn your vacation home into a vacation nightmare due to financial complications.</p>
<p>You must check the house for any damages, or things that need fixing, and weigh your decision, considering the amount that you would be spending for buying the place as well as for additional repairs.</p>
<p>Also, while you’re not staying there for a vacation, try thinking of the possibility of renting out the place, it could actually augment your expenses every month.</p>
<p>So, before deciding to buy a vacation home, know your preferences, know your budget, and have a formidable knowledge of the house you will be buying especially with regard to foreclosures or mortgages. Armed with all this information, you can now go forth on a journey in search for your second home.</p>
<hr style="border-top:black solid 1px" /><a href="http://www.stjameslots.com/buying-a-vacation-home/">Buying a Vacation Home</a> was first posted on September 9, 2009 at 9:51 pm.<br />©2009 "<a href="http://www.STJAMESLOTS.COM">St James Real Estate News</a>". Use of this feed is for personal non-commercial use only. If you are not reading this article in your feed reader, then the site is guilty of copyright infringement. Please contact me at peterd@premiumtextlinks.com<br />]]></content:encoded>
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		<title>Myrtle Beach House Rentals</title>
		<link>http://www.stjameslots.com/myrtle-beach-house-rentals/</link>
		<comments>http://www.stjameslots.com/myrtle-beach-house-rentals/#comments</comments>
		<pubDate>Wed, 09 Sep 2009 09:39:55 +0000</pubDate>
		<dc:creator>Real Estate Guru</dc:creator>
				<category><![CDATA[House Rentals]]></category>
		<category><![CDATA[Real Estate]]></category>

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		<description><![CDATA[What could be better than spending your vacation at a place where you can just  feel the sand slipping through your toes as you stroll the shores of Myrtle Beach. This has been a well-known vacation spot for both Americans and Canadians. Considering its wide beaches, a range of activities that would keep you busy [...]]]></description>
			<content:encoded><![CDATA[<p>What could be better than spending your vacation at a place where you can just  feel the sand slipping through your toes as you stroll the shores of Myrtle Beach. This has been a well-known vacation spot for both Americans and Canadians. Considering its wide beaches, a range of activities that would keep you busy the whole time, golf, dining, shopping, and the breathtaking Atlantic Ocean. Just feel the breeze touching your cheeks and the smell of the sea refreshing your early mornings. Greet the sunrise as it touches the waters everyday.</p>
<p>This sounds like a really nice vacation, but spending a day is not nearly enough for such a beautiful place? A week may suffice, but even so, sometimes you just need that little bit extra time to relax.</p>
<p>Having a lengthy vacation at the beach is the best way to relax the mind and the senses from the stressful atrocities of pollution and paperwork of the city. The busy lifestyle of urban dwellings can sometimes take you away from the truly natural and amazing relaxation that can be found at the beach. If you are planning to spend a long time at Myrtle Beach, you should look for perfect house rentals that you can avail ahead of your planned schedule, as peak seasons make it difficult to secure the best properties.</p>
<p><img class="size-thumbnail wp-image-329 alignnone" title="house1" src="http://www.STJAMESLOTS.COM/wp-content/uploads/2009/09/house1-150x150.png" alt="house1" width="150" height="150" /></p>
<p style="text-align: left;">Renting a house for the duration of your vacation is just the perfect way to do it. This <a href="http://www.seasiderentalsonline.com/bre/property.php?id=AH1603NDD&amp;nt=7">terrific house</a> at has the amenities that you need. Find your peace and quiet as you enjoy your vacation at this awesome house that you could rent for a long time. Well, this always depends on the availability but if you book it in advance, you would surely get what you deserve.<br />
<img class="size-thumbnail alignnone" title="house2" src="http://www.STJAMESLOTS.COM/wp-content/uploads/2009/09/house2-150x150.png" alt="house2" width="150" height="150" /><a href="http://www.seasiderentalsonline.com/bre/property.php?id=ACB311ANOB&amp;nt=7"></p>
<p>Here</a> is another grand place to stay while having that wonderful vacation. You could just take a few minutes to reach the beach and feel the relaxing waters. This house has four bedrooms that can accommodate your family well. Everything you need is there, Cable TV, pool, DVD/VCR players, security, Internet access, and plush and comfortable rooms that would make you want to stay forever.</p>
<p><img class="alignleft size-thumbnail wp-image-331" title="House3" src="http://www.STJAMESLOTS.COM/wp-content/uploads/2009/09/House3-150x150.png" alt="House3" width="150" height="150" />The <a href="http://www.seasiderentalsonline.com/bre/property.php?id=LC721SWD&amp;nt=7 ">remarkable house</a> at gives you the opportunity to be at the oceanfront where you can easily smell the fresh scent of the sea. It has everything you can think of like a high speed wireless Internet access that allows you to communicate with friends and families so that you could tell them that you’re having a great vacation. TV, VCR, DVD player, microwave, and everything else that you can think of, are all within your reach.</p>
<p>You don’t need to look elsewhere for that perfect vacation. You can absolutely find it at the beach. Better make that reservation for a vacation house rental at Myrtle Beach, so that you are assured of a grand vacation coming your way.</p>
<hr style="border-top:black solid 1px" /><a href="http://www.stjameslots.com/myrtle-beach-house-rentals/">Myrtle Beach House Rentals</a> was first posted on September 9, 2009 at 7:39 pm.<br />©2009 "<a href="http://www.STJAMESLOTS.COM">St James Real Estate News</a>". Use of this feed is for personal non-commercial use only. If you are not reading this article in your feed reader, then the site is guilty of copyright infringement. Please contact me at peterd@premiumtextlinks.com<br />]]></content:encoded>
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		<title>Real Estate Investment Success Series Tip #2- Three Keys To Successful Investment Real Estate Financing</title>
		<link>http://www.stjameslots.com/real-estate-investment-success-series-tip-2-three-keys-to-successful-investment-real-estate-financing/</link>
		<comments>http://www.stjameslots.com/real-estate-investment-success-series-tip-2-three-keys-to-successful-investment-real-estate-financing/#comments</comments>
		<pubDate>Tue, 28 Jul 2009 19:16:30 +0000</pubDate>
		<dc:creator>Real Estate Guru</dc:creator>
				<category><![CDATA[Real Estate]]></category>
		<category><![CDATA[Financial Inability]]></category>
		<category><![CDATA[How To Make More Money]]></category>
		<category><![CDATA[Personal Credit History]]></category>

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		<description><![CDATA[
This article is part of the Real Estate Investment Success Series and continues from http://www.realestateinvestment101.info/MakingMoneywithRealEstate.htmlSuccessful investment real estate financing has been done by many real estate investors for years. Donald Trump and other real estate developers have used other people&#8217;s money for years to finance the building of real estate projects so the key here [...]]]></description>
			<content:encoded><![CDATA[<div style="float:left; padding: 12px"><a href="/wp-content/uploads/2009/08/Property_Finance47.jpg"><img src="/wp-content/uploads/2009/08/Property_Finance47.jpg" title='' alt='' /></a></div>
<div>This article is part of the Real Estate Investment Success Series and continues from http://www.realestateinvestment101.info/MakingMoneywithRealEstate.html<br/><br/>Successful investment real estate financing has been done by many real estate investors for years. Donald Trump and other real estate developers have used other people&#8217;s money for years to finance the building of real estate projects so the key here is to learn how to finance your next acquisition and how to make more money in the process.<br/><br/>This article will highlight three key areas that are important to succeed in investment real estate financing in your next real estate investment deal.<br/><br/>The Property Finance Plan<br/><br/>Successful Investment real estate financing should also come with a property finance plan.<br/><br/>This plan would list how much in rental you will receive, details of the property and how much you want to borrow from the bank. The reason for this is that it will be easier to convince a bank officer about the potential of you paying his monthly instalments if you can show him how much in terms of rental that you expect from the real estate investment in the first place and how much it measures out relative to your expected monthly instalment. You could do a financing plan and then print several copies of this and bring it along to all the bankers that you meet. The more confident you are about the deal, the more confidence the banker would have in you as well.<br/><br/>Your Credit History<br/><br/>A person&#8217;s credit in most cities is of vital importance to bankers today for the purpose of financing any real estate investment. The reason for this is that your personal credit history is used to judge your ability to pay your debts as they fall due. In most banking circles today especially in the cities, sometimes within 30 minutes to one hour of your default in payment, all banks would know of your financial inability to pay and your credit rating will drop.<br/><br/>Thus when doing investment real estate financing, you might want to run a credit check on yourself so that you can figure out what the bankers would ask and you would have a ready reply for them. Thus a good credit history can help you in investment real estate financing.<br/><br/>Your Prior experience<br/><br/>A good prior job or some property management experience may help in your application for the mortgage. As strange as this may sound it may make perfect sense for the banker. If you can show that you are responsible at work and make him believe that you can manage the property and the rental, there is a high chance that you will be able to pay him. Thus successful investment real estate financing depends partly on the ability of the individual to convince the banker that you can manage the property and pay him on time.<br/><br/>In conclusion, we have listed the three important keys to successful investment real estate financing that you might wish to consider when you next go to your banker to ask for investment real estate financing. Spend some time planning and thereafter take massive action to achieve your investment real estate financing goals today.<br/><br/><br/><br/><em>By: <strong>Joel Teo</strong></em><br/><br/><strong>About the Author:</strong>
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<p>Joel Teo takes a keen interest in real estate investment as part of a larger investment portfolio. For more tips on real estate investing check out our <a href="http://www.realestateinvestment101.info/Success_Series.html"> real estate investment success series</a></p>
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<hr style="border-top:black solid 1px" /><a href="http://www.stjameslots.com/real-estate-investment-success-series-tip-2-three-keys-to-successful-investment-real-estate-financing/">Real Estate Investment Success Series Tip #2- Three Keys To Successful Investment Real Estate Financing</a> was first posted on July 29, 2009 at 5:16 am.<br />©2009 "<a href="http://www.STJAMESLOTS.COM">St James Real Estate News</a>". Use of this feed is for personal non-commercial use only. If you are not reading this article in your feed reader, then the site is guilty of copyright infringement. Please contact me at peterd@premiumtextlinks.com<br />]]></content:encoded>
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		<title>Abandoned Properties &#8211; One Of The Best Kept Money-Making Secrets &#8211; Part 2</title>
		<link>http://www.stjameslots.com/abandoned-properties-one-of-the-best-kept-money-making-secrets-part-2/</link>
		<comments>http://www.stjameslots.com/abandoned-properties-one-of-the-best-kept-money-making-secrets-part-2/#comments</comments>
		<pubDate>Tue, 21 Jul 2009 17:24:16 +0000</pubDate>
		<dc:creator>Real Estate Guru</dc:creator>
				<category><![CDATA[Real Estate]]></category>
		<category><![CDATA[Government Program]]></category>
		<category><![CDATA[Mailing Address]]></category>
		<category><![CDATA[Shrubs]]></category>

		<guid isPermaLink="false">http://www.STJAMESLOTS.COM/abandoned-properties-one-of-the-best-kept-money-making-secrets-part-2/</guid>
		<description><![CDATA[
In part one of &#8220;Abandoned Properties, One of the Best Kept Money-Making Secrets&#8221;, we explored the great profit potential in this unique real estate investing niche. Although some of these properties might be the result of a foreclosure or other distressing event, remember that we&#8217;re helping the owner with his/her &#8220;house headache&#8221; when we invest [...]]]></description>
			<content:encoded><![CDATA[<div style="float:left; padding: 12px"><a href="/wp-content/uploads/2009/08/Property_Finance48.jpg"><img src="/wp-content/uploads/2009/08/Property_Finance48.jpg" title='' alt='' /></a></div>
<div>In part one of &#8220;Abandoned Properties, One of the Best Kept Money-Making Secrets&#8221;, we explored the great profit potential in this unique real estate investing niche. Although some of these properties might be the result of a foreclosure or other distressing event, remember that we&#8217;re helping the owner with his/her &#8220;house headache&#8221; when we invest in an abandoned property.<br/><br/>How Do We Find Abandoned Properties?<br/><br/>Here is one of the easiest ways to find abandoned properties. The first thing to understand is that the more affluent the area is, the fewer the abandons you will find. The less affluent the area, usually the more abandons you will find. I encourage you to find an area somewhere in between the two extremes.<br/><br/>If you keep your eyes open, you will find properties that might have the windows broken out, they might be boarded up, you might see the grass and shrubs overgrown, you might see trash, handbills, newspapers and other signs that this property might be a good candidate for a profitable abandoned property.<br/><br/>Keep a pen and a pad of paper with you at all times. I teach my students to take different routes to and from their normal destinations and write down the addresses of any properties that might be abandon property prospects. This might require that you leave home a little earlier than usual, but it is certainly worth it if it brings you just one abandoned property deal.<br/><br/>Using A Little Known Government Program With An Abandoned Property<br/><br/>Several years ago, I was taking my aunt to an appointment with a dialysis center when I came across an abandoned four unit building. This property showed all the classic signs of abandonment: boarded up windows, tall grass, trash and such. I wrote the address down and called my title company as soon as I got a chance. I gave them the address, and they gave me the owner of the property and the mailing address. I wrote an offer and bought the property for $82,000. We fixed the property up using a little known government program called the Rental Rehab Program to maximize our profits.<br/><br/>This program provided a 3 to 5% loan when the prevailing interest rates were 12% The program also allowed any qualifying tenants to drastically reduce the amount of their out of pocket monthly rent by going on the Section 8 Government Subsidy Program after the rehab was complete. The average wait for the Section 8 Program at the time was 6 to 8 years. This was truly a win-win deal for everyone involved. We kept the property for a number of years, putting a positive cash flow in our pockets every month. We eventually sold the property and made a lot of money.<br/><br/>The Best Financing In the World<br/><br/>With the property needing as much work as it did, it would have been almost impossible to get a conventional bank loan to finance it and, at the time I was in no position to pay all cash. So, what is the solution? As I mentioned before, seller financing is the best financing in the world. The seller of the property financed the entire deal for us.<br/><br/>Here is the point: Abandoned properties are one of the best kept money-making secrets in our industry. They are very good candidates for many of the government loans and grants that can super charge your profits. Tap into this area of real estate and watch your profits soar.<br/><br/><br/><br/><em>By: <strong>Reggie Brooks</strong></em><br/><br/><strong>About the Author:</strong>
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I invite you to learn more about Abandoned Properties and get a FREE Real Estate Investing audio CD titled &#8220;How To Get Rich In A Slow Real Estate Market&#8221; by going to <a href="http://www.reggiebrooks.com" title="http://www.reggiebrooks.com" target="_blank"><a target="_blank" href="http://www.reggiebrooks.com">http://www.reggiebrooks.com</a></a>
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<hr style="border-top:black solid 1px" /><a href="http://www.stjameslots.com/abandoned-properties-one-of-the-best-kept-money-making-secrets-part-2/">Abandoned Properties &#8211; One Of The Best Kept Money-Making Secrets &#8211; Part 2</a> was first posted on July 22, 2009 at 3:24 am.<br />©2009 "<a href="http://www.STJAMESLOTS.COM">St James Real Estate News</a>". Use of this feed is for personal non-commercial use only. If you are not reading this article in your feed reader, then the site is guilty of copyright infringement. Please contact me at peterd@premiumtextlinks.com<br />]]></content:encoded>
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