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TNT 4.9.21


Topics: 

  • Daily Overview : (3:54)
  • MultipleOffers: Representing seller: Research on Potential Buyers : (7:19)
  • Best buy beta membership : (13:06)
  • Lender Verification System : (16:46)
  • Mismanaged State and Local Governments: Create opportunity in Income Tax Free States : (20:13)
  • Real Estate Word of the day : (30:27)
  • That's a Wrap : (31:39)
Recording:
Meeting Transcript:
Presenter:
  • Mike Acquisto
  • Shana Acquisto
Links:  
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  • Daily Overview 
    Something is burning outside 
    Topics for today 

    1. MultipleOffers: Representing seller: Research on Potential Buyers
    Find out about your lender and resources you can use 
    It is not only about the highest price in multiple-offers . There are other important things to consider.

    • Lender discussion - make sure they verify the documentation. Have evidence and be sure of who are the buyers 

    • Ask agent more info - speak with the agent and try to get more information. Who are the people/ clients. 

    • Research in tax records - Do a little investigating and make sure you don't have issues later

    • Address search - look into the buyer with their address information 

    2. Best buy beta membership
    Do you know anyone that needs help with technology? and they want to know how some tech things work?
    Best Buy has a beta membership - best buy's amazon showroom.
    You get tech support in all the technology in your home, not necessarily with things you bought there, but any tech thing at your home.
    You get a lot of things covered. Maybe this is what your buyer or seller needs.

    3. Lender Verification System
    How to research your lender and see if they are licensed, how much have they been on business and more information.
    Type their name, verify their license number, how many properties have they sold?

    There are search tips as well

    4. Mismanaged State and Local Governments: Create opportunity in Income Tax Free States
    There are some states that have special taxes.
    New York City - they are going to raise their taxes on most wealthy people.
    CNBC Article - tax rates are going up.
    If you are a wealthy individual, your state and city taxes will increase and they are making the decision of staying in that state or moving to another place.
    Montana, Florida, Wyoming and other states have no state income tax.

     

    Real Estate Word of the day  : https://www.realestateabc.com/glossary/

    •  Assessment - The placing of a value on property for the purpose of taxation.
      The appraiser gave an assessment of the property

     
    That's a wrap:
    Show me your listings with Shana 
    Multiple offers
    Best Buy and membership program
    Lender verification system



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Author: Ana Ortiz   Version: 1.1   Last Edited By: Ana Ortiz   Modified: 09 Apr 2021