LANCE HULSEY - REALTOR®, PSA, SFR

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  • February 16, 2019

Closing late……

September 6, 2016 by Lance Hulsey

Closing late……

I’ve always told my clients that the closing date is a “target date” because things can sometimes come up at the last minute that can delay the closing a day, or a week, or sometimes even longer. It seems like it’s RARE to close on time nowadays. The reasons for the delay are many. Sometimes […]

Filed Under: Crunching the numbers, Lessons from the investment front, Messages from the front office, Real Estate, Real Estate Dictionary, Real Estate News Tagged With: government restrictions, lance hulsey - realtor, Mortgage, Real Estate, Real Estate Dictionary, real estate terms, TILA

Credits or Fix

July 26, 2016 by Lance Hulsey

Credits or Fix

My normal rule of thumb is to spend as little as possible fixing the house up, but still get the job done. You don’t want to spend money on items where you won’t get your money back. For example, it’s not worth putting a pool in just to sell the home. However, I will suggest […]

Filed Under: Crunching the numbers, Homework, Lessons from the investment front, Messages from the front office, Properties, Real Estate Tagged With: lance hulsey - realtor, Real Estate, real estate investing, real estate terms, Smart Real Estate Investing

Do Houses Shrink?

February 22, 2016 by Lance Hulsey

Do Houses Shrink?

So why is it that the square footage of your home is different when it is measured for an appraisal than what the builder’s floor plan showed? And how come different appraisers will measure a home at different sizes? Unless you’ve added onto the home, I’m sure it’s the same size as the day you […]

Filed Under: Crunching the numbers, Lessons from the investment front, Properties, Real Estate, Real Estate Dictionary, Tools for Real Estate Tagged With: appraisal, Approaches to Value, flipping, investing secrets, lance hulsey - realtor, Market Value, Real Estate, real estate investing, real estate terms, Smart Real Estate Investing

Negotiating the deal. There are many more things a Realtor can do for you….

September 22, 2014 by Lance Hulsey

Negotiating the deal. There are many more things a Realtor can do for you….

As a Realtor we are always working to do what is best for our clients. Not only can we negotiate the purchase or sale of real estate, but we can do many more things for you…

Filed Under: Real Estate, Real Estate News, Tools for Real Estate Tagged With: lance hulsey - realtor, market statistics, Real Estate, real estate terms

Depreciation – Today’s Real Estate Term

November 12, 2009 by Lance Hulsey

depreciation |diˌprē sh ēˈā sh ən| noun a reduction in the value of an asset with the passage of time, due in particular to wear and tear. • decrease in the value of a currency relative to other currencies : depreciation leads to losses for non-dollar-based investors | a currency depreciation. There are many ways […]

Filed Under: Messages from the front office Tagged With: Depreciation, Depreciation Methods for Real Estate, Dollar, Real Estate, real estate investing, real estate terms, Reinvestology, reinvestology.com, VA

Floor Area Ratios – Today’s Real Estate Term

November 10, 2009 by Lance Hulsey

Floor Area Ratios simplify defined is the area of a building divided by the area of its lot (Land area). The formula is Floor area Ratio = Building Area / land area. The floor area ratio is often limited by local zoning codes. Make sure you contact your local planning department to verify local zoning […]

Filed Under: Crunching the numbers, Homework, Real Estate Dictionary Tagged With: Floor Area Ratios, planning departments, property tax, ratio calculations, Real Estate, real estate terms, Reinvestology, reinvestology.com

Hard Money Loan – Today’s Real Estate Term

October 13, 2009 by Lance Hulsey

There is no doubting that the economy is in tough shape. During these hard economic times it is all but impossible to get good, easy financing for your real estate ventures. This is when hard money loans become the only option for many investors. It is surprising to me how often people ask me what […]

Filed Under: Real Estate Dictionary Tagged With: bridge loan, collateral property, Credit score, foreclosure, foreclosure proceedings, hard money loan, high interest rate, investor, ltv, money loans, money mortgages, Mortgage, private investors, Real Estate, Real Estate Dictionary, real estate terms, residential property loans, soft money

Lease Purchase – Today’s Real Estate Term

June 4, 2009 by Lance Hulsey

Definition from Wikipedia and the Dictionary of Real Estate Terms (6th Edition) A lease purchase contract (or lease option contract) is the abbreviated form of the appropriate term lease with option to purchase contract. It is a form of real estate purchase which combines elements of a traditional rental agreement with an exclusive option of […]

Filed Under: Homework, Real Estate Dictionary Tagged With: FHA, lease, lease purchase agreement, lease purchase option, Mortgage, Real Estate, real estate terms, rental agreements, right of first refusal, VA, Wikipedia

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