Avoid The Pitfalls Of Buying A Fixer Upper

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If you are looking at buying real estate, now is an excellent time. There are a lot of properties available and prices are at an all time low. Read on for some great tips on how you can get a great deal and a great home for your money.
Have a professional appraisal and home inspection done before even considering purchasing a piece of real estate. If their is a home on the land, you will want to know about any problems or defects in the house ahead of time. This can save you lots of money and headaches down the road.
If you are purchasing a rental property with tenants, check their lease length and history. It is not unheard of for a person desperate to unload a property to find or hire short term renters to entice a buyer. Once the home is sold, you could be left scrambling to find new tenants.
Spend some time shopping for your home before you contact a realtor. If you have an idea of exactly what you are looking for and the correct price range, two to three times your yearly gross, it makes the job for your realtor much easier. Your realtor can then target specific homes that will make it on your short list.
If you are a first-time homebuyer, don't make the mistake of buying the first house that you like. You need to view at least three other houses that are comparable in value, before making a decision. Too often, people get caught up in the mere idea of buying a house, not realizing that there may be something better out there.
You don't have to be a wealthy real estate investor to get a great buy in real estate and take advantage of these historically low prices. You just need a little bit of advice and tips on buying in general. The tips in this article should give you at least a great start.

Home Improvement: Make Your Home More Valuable With These Easy Tips

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Many home-improvement jobs can be done without the help of a professional. Many self-help books are available that you can use to learn exactly what techniques and equipment you need for any job. If you follow the directions, you should be able to get the job done right the first time.
Many tenants who are renting an apartment or home are in a pickle when landlords don't allow tenants to paint the walls in a different color or take off the wallpaper that doesn't suit their tastes. A great way to get around this is by purchasing flat bed sheets (the unfitted kind) and tacking them in a pleasing design on the wall. This will not harm the underlying wallpaper or paint and can add a touch of personality that won't displease the landlord.
Protect yourself when you change the blades in your utility knife. While changing the blade, wrap tape around the old blade before tossing it in the trash. By doing this, the sharp edges of the blade will be covered. When taking out the trash, or packing down the trash, the sharp edges will not be able to hurt anyone with the tape wrapped around them.
In order to save money on air conditioning costs during the summer, try installing ceiling fans. Ceiling fans recirculate air within a room, cooling it down without the need for turning on a central air system. They are relatively easy to install and can be installed in place of your lighting fixture.
Doing the home improvements yourself can give you a lot of pride and joy. The money that you can save from doing the improvements on your own could be used somewhere else or to do more improvements in the future. Following the directions in the books will make the work quick, easy and rewarding.

Selling Real Estate Does Not Have To Be Difficult

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A great way to ensure that your next real estate venture is a success is to make sure you work up an overview of the entire process. Selling isn't always easy, so using the tips listed in this article to give you an edge and to construct a plan from is a great way to achieve in the real estate market.
When you are getting ready to sell your home and your agent is coming over to take pictures think of what potential buyers will see. Some people will be turned off by pictures if you have a lot of clutter or mess. Clean the house really well and make sure things are put away.
All pertinent information about a home you are selling should be kept well-organized and easily available. Create a list of all the contractors who have worked on the house and all the work they've completed. This allows prospective buyers to appreciate the fact that you took an active role in the upkeep of your home.
When you are selling and buying a home at the same time, make sure that you have the closing on the property you are selling first. In this market, you really never know when a sale will fall through, and it is better to lose your deposit than to carry two mortgages for an indefinite amount of time.
One tip to keep in mind when it comes to real estate is to not wait too long to put your house on the market. This is important because while many people wait until the warm season to buy and move, it doesn't mean that people aren't searching for houses in late winter and early spring. Get your house on the market, and get it out there early.
Remember that you need a plan, even if you're only selling a single home. In order to formulate the best possible plan for your selling venture, you need the best possible advice. Pay attention to the real estate advice given in this article and you can sell your property without any problems.

Get All Your Home Buying Questions Answered

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With the high prices of real estate today, you may become discouraged as a buyer. Don't give up on finding a great property, though. If you need to find the right property to purchase for you and/or your family, this article will shine a light on some great tips you can use as a real estate buyer in any market.
When looking to purchase a home, do not hire an appraiser who was recommended to you by your agent. Due to a conflict of interest, the appraiser may not be the best person for the job. Instead, find someone with several years of experience and who is state-licensed.
If you have kids and are looking at buying a house, try to include your children during the search process. So much of their life will be changing with the move and by including them in the search you will make the transition a little bit easier. They will feel like they can have some sort of input in the change.
Your debt, credit history, the type of mortgage you choose and the current interest rates will all play an important role when you go to apply for a mortgage. These will all determine, along with your income and cash on hand, the amount of money that a lender will give you to purchase a home.
Look at your families needs when considering the floor plans of potential new homes. If you have elderly relatives living with you, a 2-story house may not be the best choice. Likewise, privacy concerns may send you towards a home with bedrooms on separate floors for different members of the family. Think about how your life will flow when making a decision.
Yes, the prices are still very high on a lot of properties out there, and purchasing real estate can still be quite risky. By reading this article, however, you have taken your first real steps to becoming well informed and ultimately making the best purchasing decision for you and your loved ones.

Real Estate Selling Tips Anyone Can Use

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A lot of us become emotionally attached to our properties in one form or another. Whether it's a property we've called home for years or one in which we are invested, emotions can easily keep you from making a big profit and moving the home quickly. Read these tips and find out how you can act as a professional and move that real estate.
Give your home the best possible curb appeal when selling, by making sure that the lawn is watered and mowed, excess items are not left outside, and putting a couple of potted flowering plants by the front door. The clean cut appearance will help attract buyers to your home.
You should challenge your real estate tax bill because most municipalities wind up changing the value once they see your evidence. Because the appraiser is trying to value everything based on one set of standards for the entire area, his data is not as specific as what you can show for recent sales near your property.
If you are trying to update your home for sell, don't forget about the front door. This is one of the first areas that people see when they are considering buying your home. Updating the doors and surrounding windows can make a significant change to the look of the home making it more attractive to prospective buyers.
Knowing a bit about the features of a property can help know how much to sell or offer for a home for. Things like swimming pools, two-car garages, single car detached garages or attached garages can make a difference in the value of the home. They can either increase or decrease the value of the property depending on where the home is.
Not everyone is going to have the same level of success in the real estate market, but there is no reason that you shouldn't be able to sell a home in any market. Just follow the tips we provided here and your home will sell quickly and for top dollar.

Participants with mental illness, addictions thrive after being given apartments: five-year national study  Social housing study shows financial, life benefits

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A five-year study that housed people with mental illness and drug addictions in apartments scattered throughout Vancouver found most participants stabilized their lives and coexisted peacefully with their neighbours.
The findings mean residents should not be afraid of social housing mixed into neighbourhoods throughout the city, concluded the Mental Health Commission of Canada’s final report into the Vancouver At Home/Chez Soi research project.
“Historically, projects in Vancouver that have tried to house people who were formerly homeless or experiencing mental illnesses in neighbourhoods outside of the Downtown Eastside have met opposition and sentiments of ‘not in my backyard’,” says the report, to be released today.
“That has not been the case for (Vancouver At Home) participants, who have successfully joined neighbourhoods scattered throughout the City of Vancouver.”
Indeed, just last year, Yaletown residents used social media to fight a winter homeless shelter in their neighbourhood and a group of Abbotsford business owners protested the creation of 20 housing units for homeless men because the building could scare away customers.
At Home study participants chose to live in apartments outside the Downtown Eastside, and acceptance from landlords and other tenants was “a hugely powerful part” of their transformation, said SFU health sciences Prof. Julian Somers, the Vancouver study’s lead investigator.
“I think people now understand to a greater degree that housing preference matters,” he said. “Regardless of the state of your mental health or your economics, within reason being able to exercise choice is pretty important to thrive in life.”
The final report into the Vancouver portion of the national Mental Health Commission of Canada (MHCC) study was provided early to The Sun.
The local arm of the $110-million federally funded study took 200 chronically homeless people off the street and put them in random apartments all over the city, where participants were living next door to the buildings’ other tenants.
The research project, which concluded a year ago, found those given homes, compared to a control group of 200 homeless people who were not given housing, had more stable living conditions, committed fewer crimes and relied less on social services.
The final results of the study — which was held in five Canadian cities — were released by MHCC in April, and found that paying for housing and support services for high-needs, homeless people cost nearly the same as leaving them on the street to rotate through shelters, emergency rooms and jails.
The price breakdown in Vancouver was similar: it cost, on average, $28,282 annually to provide housing and support to high-needs participants living in the scattered apartments; as a result, their lives stabilized and they used, on average, $24,190 less per year in social services, the MHCC report said.
That means that for every $10 invested in providing this “housing first” model of support, there was an average savings of $8.55 in avoided use of social services.
For the difference of $1.45, the participant went from living a chaotic life on the street, to living inside and starting to address challenges such as mental illness, addictions, terrible health, poverty and poor quality of life.
“It’s more possible than we thought to support rehousing and recovery for people who have been left out of housing and support for far too long,” said Somers.
“And their success stories can be remarkable, and surprising.”
Those in the high-needs group who were housed relied on emergency rooms “significantly” less and had far fewer criminal convictions compared to their years before entering the study.
They reduced their use of drop-in centres, ambulances and food banks, although more research is required to determine why in some categories use by the unhoused group also fell.
A portion of the 500 Vancouver participants were classified as moderate needs, and the financial and social results for them were not as black-and-white.
For example, intervention costs to provide services to the moderate needs group were, on average, $15,952 per year in Vancouver. But, instead of costing the health and social welfare system less once they were housed (such as the high needs group did), this less-marginalized group actually cost the system $2,667 more each year because their increased use of some services (community health centres and hospital medical units) were not offset by their reduction of use of other services.
Somers, though, argued the moderate needs folks would have cost the system more while living on the street (and, therefore, offset the study intervention costs) if there were more services available — such as drug treatment and mental health services — that they desperately need.
He also insisted this outcome does not mean this model doesn’t work for moderate-needs homeless people — only that intervention early can stop them from becoming a high-needs person, which ultimately costs the system more in crisis response.
“Just because it is cheaper (to leave moderate needs people on the street) than housing them, doesn’t some how lead to the inference that that is acceptable,” he said.
The 300 Vancouver study participants who were given homes are no longer receiving the same social services — and in some cases not living in the same housing — as they did during the study, although most are receiving some form of support.
The MHCC study increased the talk in Canada about the Housing First model — giving a chronically homeless person a place to live first, and then addressing other obstacles such as addictions and mental health.
The federal government pledged in 2013 to spend $600 million over the next five years on Housing First initiatives, because of the findings of the At Home study.
In a speech in Surrey Wednesday, federal secretary of state for social development, Candice Bergen, said $41 million of that money will be allocated to Metro Vancouver and implied it would be invested in neighbourhoods outside the Downtown Eastside.
“The Downtown Eastside is where many of the region’s homeless are found. It is an eye-opening experience to see their conditions firsthand,” Bergen said.
“That’s why our government has placed such an important priority on addressing the issue of homelessness through ... Housing First.”
Somers applauded Ottawa’s move, but said other governments and agencies need to do more.
“There is definitely a movement in the support for Housing First, we are moving in the right direction, but we are not there yet,” he said.
The Downtown Eastside is crammed full of service agencies because it is the last chance for people to rent a room near the welfare rate of $375. Ten years before the study started, Somers said, most participants lived in other neighbourhoods but gravitated to the DTES when their situations deteriorated.
The study’s final report found Vancouver’s homeless population, compared to the rest of Canada, was unique for its “geographic concentration” in the Downtown Eastside.
“The housing options available for people in these circumstances are limited and often of poor quality, which contributes to worsening health conditions and social exclusion,” the MHCC report says.
“Alongside the SROs, a high concentration of drop-in centres, community health clinics, outreach support services, and emergency shelters can be found in the DTES, which comprise a substantial proportion of usual care services for people experiencing homelessness and mental illnesses in Vancouver.”
The MHCC report says its research provides new evidence in the ongoing debate about how best to service Vancouver’s sizable homeless population.
“While service agencies and institutions have struggled to overcome differences of organizational cultures, mandates, and styles of work, the (Vancouver At Home) study has encouraged diverse stakeholder groups to come together and establish a common framework.”
Starting Saturday, The Vancouver Sun launches a four-day series that, for the first time in recent history, tallies the organizations providing services to the Downtown Eastside, as well as the annual costs in the neighbourhood.
The newspaper spoke to many experts about whether these services need to be scattered, in central hubs, to other neighbourhoods throughout the city to better serve our most vulnerable residents.