| |
| |
|
Real Estate Information |
|
|
|
Moldy Homes are a Great Investment
Have you seen this in your classifieds? -"Will pay $$$ for moldy homes. Call 555-555-5555" All you have to do is watch the news and you know about mold problems. We hear about Ed McMahan suing because his moldy home killed his pet dog. We also hear about Erin Brockovich and Sandra Bullock's problems with their brand new moldy home. * Mold has been traced to people dying in moldy homes. * Mold has been proven to be the leading cause of sinus infections * (Mayo Clinic 1997) http://www.mayo.edu/proceedings/1999/7409a1.pdf * Mold will destroy the wood in a house. * Mold loves to grow on wallpaper and drywall. * We have actually seen it grow on glass. People have had to move out of these houses. Sometimes even letting the bank take back the house because repair costs are prohibitive for most homeowners. As we all know, the home insurance policies aren't covering these damages any more. Not all people stuck with these problems give their homes back to the bank. But many times they are motivated sellers. And people who invest in real estate love motivated sellers. Before now, divorce created most of the motivated sells. Move over quarrelling couples. But the title of this article tells us that mold creates a great investment. How can that be true if mold destroys the health of the homeowner? The answer is that mold can be fixed inexpensively. The people who want to move out have been told that it will cost up to $80,000 to get their home fixed. Some people actually do spend this money and find out they still have the mold problem. Why? Because most mold abatements are made by construction companies. Many of these companies are â??mold specialistsâ?? because they have taken a 3 day weekend class. It takes a Mycologist up to 8 years of college to learn the minimum amount of knowledge required to understand mold in the home. Eight years versus 3 days. HHHmmmm ! Knowing how to tear down walls isn't the same thing as knowing how to eliminate mold. So if someone hesitates at paying these unreasonable prices, they become a motivated seller. Opportunities are made from these problems. Want to find these houses? Go to your bank's home loan office. Advertise in your paper. They are everywhere. Of course, you don't want to buy just every house. You just want sick houses, not dead houses. * Go into the crawlspace and stick a screwdriver into the floor joists. Are they rotted? * Look at the dry wall is it just green or is it falling apart? * Is the roof sturdy? Can you see light coming through holes in the roof? * If the building isn't falling apart, you have a "diamond in the rough." * Contact a mold specialist. A Mycologist, not a contractor. They can walk you through eliminating the mold, step-by-step. * We know a family quoted $80,000 to fix a moldy home. They solved the problem for 85 cents. That house just needed some duct tape on their A/C ductwork to cover up cat scratches. * Most repairs aren't that cheap. The average house is around $2000 to do an $80,000 repair. Contractors also tend to spray chemicals that are more dangerous than the mold. They will often say something like this - "Its EPA approved." My old EPA law instructor said that EPA approval just means that it won't kill MOST people. A Mycologist will use something that kills the mold but won't hurt the homeowner. Mycologists are aware of the effect of these chemicals on people. It is a matter of focus. Are you focused on the house [an inanimate object] or are you focused on people? If you can buy a house worth $100,000 for $30,000 and fix it up for $2,000 there is $68,000 profit. Rent the house or sell it for a profit. They find another moldy home and do the same thing again and again. For 30 years, Dr Graham has been helping people treat and prevent disease by showing them how to live in a clean environment.
MORE RESOURCES:
Real-Estate - Google News |
|
|
|
RELATED ARTICLES
Inspecting Your New Home - 17 Areas You Must Inspect Before Taking Possession Congratulations! You've made your decision; you've chosen your new home and your builder. So what needs to happen next? Once you have a firm contract and you have selected the features that will go into your new home, it is time for the builder to turn your dream into reality. The Listing Agents Role in Selling Your California Home Advertising to the "Public"Every home seller likes to be assured that their listing agent and or their real estate company will run ads featuring their home. Newspaper ads range from color photo ads to lots of listings reflected on a page with primarily only copy. For Sale By Owner - Use This Tip To Sell Your Home Quicker and At a Better Price Your house is for sale by owner (fsbo), Along with columns of countless other FSBO's in the Sunday paper. This one little trick will enable you to have your Ad Noticed by more potential buyers. Take The Guess Work Out Of Your Wholesale Property Purchases We have become very concerned by the number of readers writing to us asking how to determine which are the wholesalers(*) that can be trusted. Why are we concerned? Because when we dig a little deeper, we realize that they are buying properties based solely on the recommendation of the wholesaler. Do I Need A Real Estate Survey? Getting a survey before you close on any real estate is very important.Some people actually buy real estate without having a survey done. Investing in Residential Real Estate: Achieving Positive Cash Flow When investing in real estate, it is highly desirable to achieve positive cash flow on a month-to-month basis. This is true even if you are counting on property value appreciation to supply the bulk of your desired return on investment. How to Achieve Financial Freedom with Your Home The secret disclosed on how you too could achieve financial freedom through property (and tell the pension companies just where to stick their measly, worthless 'pensions') Geoff Morris is a self-made property millionaire who made it in less than 18 months even with a hectic 'day job'. He has written a series of articles to help people like you achieve the same levels of success - as long as you are willing to 'Go For It!'Many people these days are getting more and more concerned as they approach retirement age. How To Best Negotiate A House Deal Whether it's selling your home or buying a home, more often than not you'll come across a stage where you'd have to negotiate. Negotiation is the art of getting what you want at your terms and conditions. How To Sell A Home That Didnt Sell If your home has just come off the market and hasn't sold, don't be discouraged. The reason it didn't sell may have nothing to do with your home. The Secret to Maximum Real Estate Profits: Lighting Lighting is the most important detail of interior Design Psychology for selling houses. Lighting influences a prospective buyer's feelings within a space more than any other interior design element. The Ultimate Short Sale Secret Buying foreclosures can be extremely profitable for real estate investors. However, most of these homeowners are mortgaged to the hilt. Kings Bay, Saint Marys and Kingsland Georgia Real Estate - Mortgage Lenders When looking for a home, it is important to first get pre-qualified with a mortgage company before you search for a home. This is the first step in making buying a home a no-nonsense experience. Budgeting Your Log Home - Creating a Checklist If you've read my first article, BUDGETING YOUR LOG HOME: Where do you start?, you've got a very basic overview of the process. However, there are still a number of questions I'd like to address. Unravelling The Real Estate Buying Process in Canada If you're a foreign national thinking about investing in the real estate market in Canada here's a run down of the typical buying process you should expect to encounter together with a general explanation of mortgages available to assist with the purchase.First things first though, you have to find your ideal property of course!But let's assume you've done that with the help of a good estate agent and you're ready to move forward with an offer. Are Signs Important? Signage, though quite fundamental in nature, plays an important role in the home selling process. The Yard Sign should be two-sided, easy to read, and look great (defaced or worn signs can negatively impact curb appeal). How to Become a Successful Real Estate Developer Real estate investment and development has never been a more popular pastime or career changing challenge; if you would like to learn seven secrets for consistently successful real estate investing through development or you would like to know how you can continue to profit from property even if the market takes a downward turn just read on?1) Do Your Location Homework - did you know that through successful and sustained location research professional property investors actually continue to profit during a market down turn? It's true - whatever the market conditions you can apply their location research approach to your real estate investments and also make consistent profits from property.Take the necessary time to learn all about a town or city you're considering for your next property development purchase and discover where the up and coming areas of that town are likely to be. Buying Houses at Discount Prices Buying a house is the best way you can create immediate equity. Gaining equity through buying a house is something which is very easy to do, as long as you follow these guidelines. Secrets of Making Money from Real Estate - Part 2 Leverage: With real estate, people and companies will lend you money to invest. How much real estate can you buy with $20,000? Probably between $100,000-$300,000, depending on the lender. Old House? New House? Weighing Your Options Maybe it has something to do with a childhood home we fondly remember. Many of us long for old homes built with solid construction, quality craftsmanship and beautiful details. 11 Steps Away From Buying a Home There is no doubt that the market for houses has been on fire recently. More and more people are taking advantage of low interest rates and easy mortgage loan terms to go from being renters to being home owners.
|
 Home  Contact
|
| Real Estate Information © 2006 |
