Lake Placid Real Estate Thu, 16 Sep 2021 06:03:45 +0000 en-US hourly 1 Lake Placid Real Estate 32 32 How a real estate agent can help you during a natural disaster [Column] – Delco Times Mon, 13 Sep 2021 05:31:13 +0000

So last week was quite an event for our region as far as Ida is concerned. In Greater Philadelphia, we saw several tornadoes that caused extremely rare destruction for the area. A not-so-rare (and increasingly frequent) event was the flooding. Ida’s remains resulted in massive property damage and subsequent calls to emergency services and insurance companies. People continue to dig after they have lost their homes completely, air out their basements, or in some cases try to find their blown up car.

Today I’m going to talk about how realtors can come in handy in times like these.

When I move into a property with my buyers, I almost always tell them this: “Congratulations! Just to let you know, this is not the end of the road for us. If you have any questions, concerns, need contractors, etc. I want to be your first call. ‘ The purpose of this statement is to make sure that my clients do not feel alone after the home buying process and that I am always available to help them directly or through my network of contacts. This is true even during the worst natural disasters.

Agents in these times can help physically, financially and emotionally. I always tell my team that this is all about relationships and these situations are no exception. There is trauma that occurs when someone’s home is damaged and / or destroyed. People need support… plain and simple.

Here are some ways we can help you:

Leverage our relationships: this is the most obvious. Whether they are contractors or professional service providers, the rule is the same. In times of distress, you almost always need someone’s help. Calling someone out of the blue from Google means you could roll the dice. Keep in mind that everyone will call them because this is how many homeowners find people in the first place. This could result in slower response time and performance.

An added bonus is that your agent will have their finger on the pulse of what is going on until the task at hand is completed. Realtors can also provide context for this person so they know better how to help you as quickly as possible. My team laughs at me because I always say ‘I have to man’ and guess what? I usually do. If I don’t, I have 100% someone in my network who knows someone who can help you.

New Finishes / Restoration: If you suffer complete loss or severe damage, chances are you are replacing what was there. Insurance policies make this possible through their claims process, but keep in mind that the exact thing doesn’t have to go home. As tragic as it is, this scenario will allow you to bring things up to date and you should consult with your real estate agent to stay on top of market trends.

For example, I guess a lot of those who have suffered a loss will go for predominantly gray finishes. It might not be the best idea at this point. It’s blasphemy to some who have read that last sentence, but gray is starting to be called “pinball gray,” which implies mundane and maybe even cheap finishes. Another example is that many of my buyers claim that granite in homes will need to be “replaced from day one” because it has fallen out of favor in the market in so many ways. Consult with an agent for the latest and greatest ideas in design and finishes.

Just a helping hand: A small community in Fort Washington was devastated by a tornado where many homes are now boarded up. We know many residents there and my real estate team was on the ground within 24 hours to assess the damage and just be there to help with the logistics. Agents in these times can help physically, financially and emotionally. I always tell my team that this is all about relationships and these situations are no exception. There is trauma that occurs when someone’s home is damaged and / or destroyed. People need support… plain and simple.

Insurance Quotes: The best way to avoid an insurance problem is to put up your insurance policy and be absolutely sure that you are covered just in case. Insurance is very cheap for those one-off events like fire or flood (when you are not in a flood zone) so it is very important to go through all of these scenarios with a qualified agent who has seen it all. . Ask your real estate agent for someone they trust to at least shop around for the rate. Be careful, however, that all agents are not created equal.

Seth Lejeune has always been a real estate junkie. In addition, he enjoys helping people with their problems. While some problems are worse than others, every transaction is essentially a customer who needs a solution. A home sold, finding the perfect home, or something as simple as a contractor’s recommendation, it’s this process that gets Lejeune out of bed every morning. He is a partner / team leader at REMAX HOMEPOINT in Royersford and can be reached at or 610-804-2104.

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NOTICE OF SALE BY THE SUBSTITUTION TRUSTEE OF A REAL ESTATE LOCATED AT 12042 WEST BROAD STREET, RICHMOND, VIRGINIA SALE TO BE HELD AT THE COURT OF THE CIRCUIT OF THE COUNTY OF HENRICO ON SEPTEMBER 28, 2021, AT 1:00 PM Trust, Pursuant to this Deed of Deed Assignment of Leases and Rents and Guarantee Agreement, dated October 7, 2013, effective October 11, 2013 and recorded October 11, 2013, among the land records kept at the Clerk’s Office in Henrico County, Virginia (the “Real Estate Records “), in Deed Book 5199, Page 0481 (the” Deed of Trust “), securing 12042 West Broad Street Holdings, LLC, a Maryland limited liability company, (” Beneficiary “) as successor beneficiary under of this transfer of trust deed, transfer of leases and rents and guarantee contract, dated September 29, 2020, and recorded on October 2, 2020, in the land registers of the book of deeds 6067, page 353 (instrument number 202000040739), the failure of payment having occurred of the debt security thus, and being instructed to do so by the beneficiary, the undersigned Alternate Trustee will offer the property (as defined below) for sale at public auction at the main entrance of Henrico County Circuit Court, located at 4309 East Parham Road, Richmond, Virginia 23228 on September 28, 2021, starting at 1:00 pm (the “Sale”). The real estate encumbered by the Trust Deed that will be offered for sale by the Alternate Trustee is commonly referred to as 12042 West Broad Street, Richmond, Virginia, Tax Card # 735-764-3078, as more specifically described in the Deed of Trust, and all related improvements, fixtures, easements and outbuildings (the “Real Property”). The real property will be sold with any interest of the beneficiary in the personal property, fixtures, equipment and security encumbered by the trust deed, as defined and more particularly described therein (the “personal property”, and together with the real estate Property, the “Property”). ALL CASH CONDITIONS OF SALE. The Property will be offered for sale “AS IS, WEST” and will be transferred by the Act of the Alternate Trustee subject to all charges, rights, reservations, transfers, conditions, easements, restrictions and privileges registered and unregistered, if any, taking precedence over the trust deed, as they can legally affect the property. Personal property will be transferred without guarantee by a deed of sale with deposit. The Alternate Trustee and the Beneficiary disclaim any warranty of any kind, express or implied, for the property, including (without limitation) any warranties relating to zoning, soil condition, extent of construction. , materials, habitability, state of the environment, compliance with applicable laws, fitness for a particular use and merchantability. The risk of loss or damage to the Property will be borne by the successful bidder (“Buyer”) upon acceptance of the Buyer’s offer. It will be the sole responsibility of the Buyer to obtain possession of the Property. The Alternate Trustee may require any Bidder to submit a deposit in the amount of ONE HUNDRED THOUSAND NO / 100 DOLLARS ($ 100,000.00) by certified check or cashier’s check payable to the Alternate Trustee, and will be required by the alternate trustee for such offers to be accepted (the “Deposit”). The Alternate Trustee reserves the right to prequalify any bidder prior to the sale and / or waive the deposit requirement. The Beneficiary expressly reserves the right to bid. Immediately after the sale, the buyer will be required to sign and deliver a memorandum of sale with the alternate trustee, copies of which will be available for inspection before the sale. The buyer must pay the balance of the purchase price at settlement. Payment will be made no later than thirty (30) days after the date of the Sale; however, at Buyer’s request, the Alternate Trustee may, in its sole and absolute discretion, agree to extend the Settlement Date. TIME INCLUDES THE ESSENTIALS FOR ALL PURCHASER’S OBLIGATIONS. Settlement will take place at the offices of Venable LLP, 8010 Towers Crescent Drive, Suite 300, Tysons Corner, Virginia 22182 or other mutually agreed upon location. The buyer must pay all overdue property taxes, cancellation taxes, water rents, water license renewal fees (if applicable) and other municipal liens, charges and assessments. The buyer must also pay all settlement costs, closing costs, title examination costs, title costs and title insurance premiums, all registration costs including, but not limited to , state and county grantor tax, congestion alleviation fee (if applicable) and all state and county registration fees, clerk filing fees, and transfer, auctioneer fees and / or auction premiums, and reasonable attorney fees and disbursements incurred in preparing the deed of assignment and other settlement documents. If the Beneficiary is the highest bidder at the said sale, instead of cash, the Beneficiary may make payment through his credit offer up to the amount owed to the Beneficiary, or any part thereof, plus costs. and fees permitted under Virginia law. The buyer will be required to sign an agreement upon settlement waiving any cause of action that the buyer may have against the acting trustee and / or the beneficiary for any condition relating to the property which may not be in accordance with any law. applicable federal, state or local. , regulation or decision, including, but not limited to, any law, regulation or decision relating to environmental contamination or hazardous waste. This agreement shall also provide that if, notwithstanding this agreement, a court of competent jurisdiction allows such a claim, that agreement will be the primary determining factor in any equitable allocation of response costs or other liability. Nothing herein releases, waives or excludes any claims that Buyer may have against any person in possession or control of the Property. If, for whatever reason, the buyer fails to make the settlement as provided above, the deposit will be forfeited and applied to the costs of the sale, including (without limitation) the alternate trustee’s fees, and the balance, if any, will be remitted to the beneficiary to be applied by the Beneficiary against the debt guaranteed by and other amounts due under the Deed of Trust in accordance with it and applicable law or otherwise, according to the choice of the Beneficiary. There will be no refund. Such forfeiture will not limit any right or remedy of the Alternate Trustee or the Beneficiary against any defaulting purchaser with respect to such default. If the Property is resold, this resale will be at the risk and expense of the Defaulting Buyer, who will be responsible for any gap between his offer and the offer selected at the time of resale, as well as the costs of such resale. Immediately following the assignment by the Alternate Trustee of the Property, all duties, responsibilities and obligations of the Alternate Trustee, if any, with respect to the Property so transferred will be extinguished, unless otherwise provided by applicable law. / s / Daria Ivanova, Esq., Alternate Trustee FOR MORE INFORMATION CONTACT: Daria Ivanova, Esq. Venable LLP 8010 Towers Crescent Drive, Suite 300 Tysons Corner, Virginia 22182 (703) 905-1437 / s / Henry F. Brandenstein, Jr., Esq., Alternate Trustee FOR MORE INFORMATION CONTACT: Henry F. Brandenstein, Jr., Esq. Venable LLP 8010 Towers Crescent Drive, Suite 300 Tysons Corner, Virginia 22182 (703) 760-1632

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The Hard Truth About Living As A Real Estate Agent »RealtyBizNews: Real Estate News Fri, 10 Sep 2021 11:53:00 +0000

If you have a natural talent for selling and a strong people skills, you may have considered becoming a real estate agent. It can be a great job that offers great flexibility, allows you to meet a lot of interesting people in various fields, and can be very lucrative depending on your success. Being a real estate agent also comes with many challenges, and you need to know what a real estate agent really looks like before you start. Here are some of the hard truths of life as a real estate agent.

Lenders are everything

One of the first things you will have to worry about is not finding clients, but building a strong relationship with a lender. Working with a bad lender could drive you crazy. Some will take forever to respond and could cause you to lose sales. Or they may charge exorbitant closing costs. A good lender, on the other hand, will make the whole process easier and make sure the transition goes smoothly.

Forget the benefits of 9 to 5 life

Many people vilify the 9 to 5, but only realize their benefits when they are alone. Things like going on vacation as a real estate agent can be very difficult if you are going through a difficult year.

You will have to make the necessary arrangements for vacations and days off. You should also take out insurance in case you can no longer earn and plan for your retirement yourself. These are all things that can get very stressful when you don’t know when your next sale will be.

Be aware, however, that you don’t necessarily have to be a slave to your job to be a successful real estate agent. If you have too much work to do and want a break, there are professionals you can work with who will make it easier for you, like showing agents, for example.

There is a lot of benefits of showing agents and partners open doors. Working with them will allow you to defer some of your open house responsibilities. It could help you manage your workload and focus on the big deals that are more likely to go through. It could also help you bring some balance in your life which will be very important if you want to have a long career in this business.

Buyers will be on your last nerd

Working with buyers is one of the hardest parts of the business. They will try to pull all kinds of tricks on you. Some will take you for a ride just to flake off at the last minute. It can lead to a lot of disappointment at first, but it’s something that you will have to come to terms with. They often say that buyers are liars in this industry, so take anything anyone tells you with a grain of salt.

It’s a Pay to Play Business

You have to be prepared to pay to get results in this business. You can’t expect people to come to you. You have to actively sell yourself, and that costs money. The best solution would be to work with a large agency and pay for one of their marketing packages, even if they seem expensive.

Real estate is like no other field, and being a real estate agent is like no other job. Therefore, you need to be prepared for the specific challenges of working together before you start.

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Blockchain-based platform for fractional ownership launched in India Fri, 10 Sep 2021 09:58:11 +0000

A fintech company from Pune, India has launched a blockchain-based ledger system named RealX that allows Indian citizens to purchase fractional ownership of properties.

A report of The Economic Times states that RealX has partnered with Tripvillas, a vacation home rental service, to combine vacation property ownership based on use and performance. Tripvillas will also be responsible for managing the basket of vacation properties for co-investment.

According to RealX COO and co-founder Neera Inamdar, the COVID-19 pandemic was a key factor in launching the platform, as the instability in the real estate market affected both real estate developers and investors. Citing the return of a relatively stable market, she said:

“We are offering ‘direct deed real estate co-ownership’ and it is in the best interest of investors to become direct co-owners of the property.”

Roshan Lionel Dsilva, founder and CEO of Tripvillas, said the RealX platform will soon allow Indian investors to co-own international properties on the platform to incentivize dollar denominated income.

Related: India to use Ethereum blockchain to verify diploma certificates

While the position of Indian regulators on crypto adoption is still unclear, the country continues to experiment with blockchain technology in non-financial niches.

Recently, the government of Maharashtra implemented an accreditation system to provide tamper-proof diploma certificates using the Ethereum blockchain. In partnership with blockchain startup LegitDoc, the Maharashtra State Board of Skill Development has started issuing digitally verifiable certificates.

LegitDoc is also in talks with a few other educational institutions in India who intend to implement a similar solution to tackle ongoing document forgery.