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	<title>Real Estate</title>
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	<link>http://www.prodigy-homes.com</link>
	<description>Real Estate Information</description>
	<pubDate>Tue, 06 May 2008 02:56:48 +0000</pubDate>
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		<title>How to Choose a Real Estate Agent</title>
		<link>http://www.prodigy-homes.com/real-estate-agents/how-to-choose-a-real-estate-agent.html</link>
		<comments>http://www.prodigy-homes.com/real-estate-agents/how-to-choose-a-real-estate-agent.html#comments</comments>
		<pubDate>Tue, 06 May 2008 02:55:07 +0000</pubDate>
		<dc:creator>admin</dc:creator>
		
		<category><![CDATA[Real Estate Agents]]></category>

		<guid isPermaLink="false">http://www.prodigy-homes.com/?p=9</guid>
		<description><![CDATA[// &#8211;&#62;

If you&#8217;re buying or selling a home with the help of a real estate agent, it will pay to do your homework. The qualifications among agents vary greatly, so you want one that will best serve your interests. A common anecdote regarding agent performance is the reference to the 80/20 rule - 80 percent [...]]]></description>
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<p>If you&#8217;re buying or selling a home with the help of a real estate agent, it will pay to do your homework. The qualifications among agents vary greatly, so you want one that will best serve your interests. A common anecdote regarding agent performance is the reference to the 80/20 rule - 80 percent of the homes are sold by 20 percent of the agents. While these numbers may not be statistically accurate, the point is still valid: there&#8217;s a few highly-qualified, talented agents and many run-of-the-mill agents that you won&#8217;t necessarily get what you pay for.</p>
<p>So how do you tell the difference? How do you know do you find a good agent? Here&#8217;s some things to look for in a good agent:</p>
<ul>
<li><strong>Works full time</strong>. There&#8217;s a sizeable number of people that think they can make some extra bucks on the side as a real estate agent. They soon realize that it&#8217;s not as easy as getting the license. A full time agent not only has more time to devote to your real estate needs, but chances are a full time agent is qualified enough that they are able to earn a full time living at what they do. There may be exceptions, but this is a signal to look for.</li>
<li><strong>Has experience</strong>. Similar to above, an agent that has a couple years under their belt has sold/bought some houses and learned a few things along they way that they can employ when helping you buy or sell a home.</li>
<li><strong>Has specialized knowledge</strong>. This knowledge be in the form of additial designations that the agent has earned or training that they&#8217;ve taken, or it may be in depth knowledge of an area or specific housing areas. Local knowledge, for example, can be an asset to you when you&#8217;re pricing your house for sale or looking to make an offer when buying a house.</li>
<li><strong>Performance</strong>. What better measure of an agent&#8217;s worth than their actual performance? If you need a listing agent, ask the agent for an MLS printout of the listing they&#8217;ve sold in the last year and the average time on the market their listings had compared to the average. An agent that&#8217;s sold a handful of homes or had average or more time on the market for their listings may not be the best agent for you.</li>
</ul>
<p>In addition to the above, follow these tips to help you find a good agent:</p>
<ul>
<li><strong>Ask around for references</strong>. Your family and friends may know someone who has done great work for them in the past.</li>
<li><strong>Interview multiple agents</strong>. Don&#8217;t pick the first one you come across. Remember the 80/20 rule - there&#8217;s a lot more average/poor agents than there are good ones. Do your homework and check out their experience and background.</li>
<li><strong>Don&#8217;t sign a lengthy contract</strong>. A listing agent that wants to lock you into a lengthy listing contract is a bad signal.</li>
</ul>
<p>These tips will help you find a good agent that will best serve your interests.</p>
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		<item>
		<title>Top 6 Factors to Consider and benefits of Investing in Pre-Construction Condos</title>
		<link>http://www.prodigy-homes.com/condos/top-6-factors-to-consider-and-benefits-of-investing-in-pre-construction-condos.html</link>
		<comments>http://www.prodigy-homes.com/condos/top-6-factors-to-consider-and-benefits-of-investing-in-pre-construction-condos.html#comments</comments>
		<pubDate>Mon, 05 May 2008 22:59:20 +0000</pubDate>
		<dc:creator>admin</dc:creator>
		
		<category><![CDATA[Condos]]></category>

		<guid isPermaLink="false">http://www.prodigy-homes.com/?p=8</guid>
		<description><![CDATA[




If you are looking for an investment opportunity in the real estate market these days, you might want to attempt buying up or investing in pre-construction condominium. The thing with this kind of investment is that it is long term and your money could literally become tied down for a numerable number of years. So, [...]]]></description>
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<p>If you are looking for an investment opportunity in the real estate market these days, you might want to attempt buying up or investing in pre-construction condominium. The thing with this kind of investment is that it is long term and your money could literally become tied down for a numerable number of years. So, if you re looking to make some quick cash, then this field of real estate is not for you. But if you have got the patience and risk endurance, the pre-construction condos are worth the risk and investment. Now what are he important factors that need consideration before you decide to buy up pre-construction condos?</p>
<ul>
<li>The builder’s reputation and past records of transactions.  You would have to find out this information by yourself. If you are willing to do this and do not know how to go about it, simply do a quick search on the web using “how to determine/know/find a builder’s reputation”. The reputation of the builder you are likely to be dealing with is really important as you do not want to deal with a shady character that people cannot trust.</li>
<li>You have to consider the neighborhood in which you are buying the condo. The question you should ask is “How will the area look like in about 3 yrs after building?”</li>
</ul>
<p>These are just two of the question you will need to ask when considering investments in pre-construction condos. Now to the benefits:</p>
<ul>
<li>You do not have to make a full payment before acquisition. On the contrary, you just pay a minimal amount –usually between 5-15%- as down payment while the value of the building continues to grow.</li>
<li>You can plan towards the period of financing by saving up.</li>
<li>The most obvious being that you acquire a completely new house.</li>
<li>You can easily effect and make any changes you want to make your condo look different from others.</li>
</ul>
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		<item>
		<title>What are the Benefits of Property Mangement?</title>
		<link>http://www.prodigy-homes.com/property-management/7.html</link>
		<comments>http://www.prodigy-homes.com/property-management/7.html#comments</comments>
		<pubDate>Mon, 05 May 2008 22:54:48 +0000</pubDate>
		<dc:creator>admin</dc:creator>
		
		<category><![CDATA[Property Management]]></category>

		<guid isPermaLink="false">http://www.prodigy-homes.com/?p=7</guid>
		<description><![CDATA[




Maintaining and taking care of our properties can become a daunting task. For greenhorns, it can be even intimidating particularly when it is the first time one is embarking on such a projects. But for those who have been through it before, it is a very easy thing to do. But first, what is property [...]]]></description>
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<p>Maintaining and taking care of our properties can become a daunting task. For greenhorns, it can be even intimidating particularly when it is the first time one is embarking on such a projects. But for those who have been through it before, it is a very easy thing to do. But first, what is property management? It is simply the art of taking care of both your property and the people it is leased or rented out to. Before, dabbling into property management, it is best to know that it entails time. For those who cannot afford the time, you can easily hand the maintenance of your property over to people who are versed in property management.</p>
<p>Property management entails just a few things:</p>
<ul>
<li>The ability to be able to manage and organize things.</li>
<li>You will need time.</li>
<li>The ability to be able to attend to renters’ problems, issues and difficulties.</li>
</ul>
<p>The bottom line really is that you get to handle by yourself, the seemingly trivial and big issues that may assail your renters. This can vary from changing the faucet to the time your renters should be indoors. You would have to find the time to fix things that need fixing. But all these seem like a whole lot of work. Why not just hand the property management over to experts?</p>
<p>The truth is there are benefits to property management by yourself.</p>
<ul>
<li>You get to save money if you are on a tight budget.</li>
<li>You get to interact with your renters and see what their personal problems may be.</li>
<li>There is nothing like taking care of your own property as property managers can have a lot of clientele and may not be able to give the property the singular attention it might require. For instance, it can take a longer period of time to get just the bathroom floor unclogged if the property were not managed by you, the owner.</li>
</ul>
]]></content:encoded>
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		</item>
		<item>
		<title>How to Find the Right Movers Online</title>
		<link>http://www.prodigy-homes.com/moving/how-to-find-the-right-movers-online.html</link>
		<comments>http://www.prodigy-homes.com/moving/how-to-find-the-right-movers-online.html#comments</comments>
		<pubDate>Mon, 05 May 2008 22:46:23 +0000</pubDate>
		<dc:creator>admin</dc:creator>
		
		<category><![CDATA[Moving]]></category>

		<guid isPermaLink="false">http://www.prodigy-homes.com/?p=6</guid>
		<description><![CDATA[




If you have ever moved, you’ll find that nothing takes the place of getting the best when moving. Unprofessional movers can sure foul things up by getting glass wares broken, chairs damaged and may even break the TV screen. These and lots more is the cause for getting the best moves that your money can [...]]]></description>
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<p>If you have ever moved, you’ll find that nothing takes the place of getting the best when moving. Unprofessional movers can sure foul things up by getting glass wares broken, chairs damaged and may even break the TV screen. These and lots more is the cause for getting the best moves that your money can afford. This is why you need to know how to get or find the right movers. </p>
<p>One of the very first things you need to do before making up your mind on the mover you want is to ask around. More often than not, neighbors, colleagues and friends can offer a goldmine of help for those who ask them. The reason for this is obvious as some of them may have had some experience with moving from one place to the other. And besides, they would have used the services of a mover. When asking for recommendations, it is also wise to take into consideration, the geographical territory within which they can move. Can they move interstate –assuming you are moving from one state to the other- or internationally? These are important questions that you need to take into consideration when looking to move.</p>
<p>If this doesn’t yield any results, then you can look for movers from several places: The internet, yellow pages, white pages and directories. Thankfully, the internet is a good place to start looking. Before enlisting the services of a mover via the internet, make sure that you have the testimonials. If they are glowing and the folks have traceable address, then they do a good job. After you are satisfied with the results online, call them up to get a feel of what their services are like. You can be sure that if you get a lot of attention, the same will be given to your property and household items when they help you move. So, get online, read through the testimonials, possibly get in touch with one or two of the people that gave the testimonials and you will definitely get a satisfactory result.</p>
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		</item>
		<item>
		<title>How to Make Profits from House Flipping Even When the Market is Against You</title>
		<link>http://www.prodigy-homes.com/investment/how-to-make-profits-from-house-flipping-even-when-the-market-is-against-you.html</link>
		<comments>http://www.prodigy-homes.com/investment/how-to-make-profits-from-house-flipping-even-when-the-market-is-against-you.html#comments</comments>
		<pubDate>Mon, 05 May 2008 22:42:13 +0000</pubDate>
		<dc:creator>admin</dc:creator>
		
		<category><![CDATA[Investment]]></category>

		<guid isPermaLink="false">http://www.prodigy-homes.com/?p=5</guid>
		<description><![CDATA[




The term house flipping is not a new one as there are many books written on it, many DVDs and Audio CDs all teaching the methods of house flipping. In fact all over the media, you have people shooting ads and infomercials all claiming to have the secrets and the keys to making huge profits [...]]]></description>
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<p>The term house flipping is not a new one as there are many books written on it, many DVDs and Audio CDs all teaching the methods of house flipping. In fact all over the media, you have people shooting ads and infomercials all claiming to have the secrets and the keys to making huge profits from flipping houses. It is even more appealing because of the seemingly simple process involved: Buy low, renovate the house a little bit and then sell.</p>
<p>Unfortunately for most people, it just doesn’t work as planned as there are many limiting factors; one of which is the nose diving of house prices. This thus delays the profit making potential of the investors, some of which took loans, Adjustable Rate Mortgage and extended credit to finance the project. The key thing is that when the market takes a turn for the worse, it I better to be calm and either wait it out, or think of other alternatives. Many house flippers who have experienced this have turned the seeming disaster into blessings. How? They simply relaxed and forgot about making a quick dollar off the house. This approach is about the best as it allows you think about the next available option. Whenever it happens like this, experienced flippers do something different like making the houses rental properties. The house can be rented out to people and the fee used in paying of the mortgage until the house or property can be sold on the market.</p>
<p>Smart flippers know that renting the units and properties out to people will reduce the maintenance cost for them while they are still able to pay off the mortgage. Renters can always ensure that the lawn is mowed, broken faucets are replaced, blocked sinks unblocked and a host of things they could do to keep the building or property in good shape. So, if you are new to the flipping business, why not try out this method and see the benefits? It is bound to do you a lot of good.</p>
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		</item>
		<item>
		<title>3 Pitfalls to Avoid when Buying Commercial Real Estate Properties</title>
		<link>http://www.prodigy-homes.com/commercial-real-estate/3-pitfalls-to-avoid-when-buying-commercial-real-estate-properties.html</link>
		<comments>http://www.prodigy-homes.com/commercial-real-estate/3-pitfalls-to-avoid-when-buying-commercial-real-estate-properties.html#comments</comments>
		<pubDate>Mon, 05 May 2008 17:13:32 +0000</pubDate>
		<dc:creator>admin</dc:creator>
		
		<category><![CDATA[Commercial Real Estate]]></category>

		<guid isPermaLink="false">http://www.prodigy-homes.com/?p=4</guid>
		<description><![CDATA[




There are various considerations to be made before deciding to buy up a particular commercial real estate. This is because unlike the residential properties, commercial real estate has a lot more technicality because of the purpose for which it is being bought; which is basically business or profit making ventures.

The very first issue to be [...]]]></description>
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<p>There are various considerations to be made before deciding to buy up a particular commercial real estate. This is because unlike the residential properties, commercial real estate has a lot more technicality because of the purpose for which it is being bought; which is basically business or profit making ventures.</p>
<ul>
<li>The very first issue to be taken into consideration when buying a commercial real estate property is the prospects living within the vicinity. This is particularly important when the purpose of the business is targeted towards the local clients in the area. But if the business’ success is not dependent on the local customers, then there is no need to factor this in. thus taking a good look at the current income earning capacity of the local dwellers will also be n important aspect in the decision making process.</li>
<li>The second thing to factor in during the process of buying up commercial real estate is the amount of similar businesses available within the property vicinity. For instance, having a department store in a neighborhood where there are already ten department shops may not be such a good business idea. This also includes examining the rules and regulations guiding the erection and purchase of properties within an area. This is important as you do not ant to have invested a lo only to be notified that there is a set number of department stores that a community can harbor.</li>
<li>Sometimes, businesses can stumble on a prime commercial real estate location. But the drawback may be the size of the available property. If a business owner decides he will take it with the intention that the neighbours might sell, and he will expand, he might end up making a bad business decisions as the neighbors might refuse. So, considering the size of the land involved is a must for successful commercial real estate acquisition.</li>
</ul>
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