Q. How will a real-estate
auction benefit me?
A.The real estate auction is a win-win proposition
for everyone involved.
BENEFITS TO THE SELLER:
* Buyers come prepared to buy
* Quick disposal reduces long-term carrying costs,
including taxes & maintenance
* Assurance that property will be sold at true
market value
* Exposes the property to a large number of
pre-qualified prospects
* Accelerates the sale
* Creates competition among buyers - auction price
can exceed the price of a
negotiated sale
* Requires potential buyers to pre-qualify for
financing
* The seller knows exactly when the property will
sell
* Eliminates numerous and unscheduled showings
* Ensures an aggressive marketing program that
increases interest and visibility
BENEFITS TO THE BUYER:
* Smart investments are made as properties are
usually purchased at fair market value
through competitive bidding
* The buyer knows the seller is committed to sell
* In multi-property auctions the buyer sees many
offerings in the same place at the
same time
* Buyers determine the purchase price
* Auctions eliminate long negotiation periods
* Auctions reduce time to purchase property
* Purchasing and closing dates are known
* Buyers know they are competing fairly and on the
same terms as all other buyers
TIDBITS:
Collecting
dinnerware is a joy. You can use and change it as
you go. A very good book to acquaint you with this
hobby is "Dinnerware
of the 20th Century: The Top
500 Patterns" by Harry L. Rinker. The
most
important item to remember is storage and washing
of dinnerware. Don't let dinnerware touch as it
can scratch other surfaces. Also be careful when
washing and follow manufacturer's instructions.
Dinnerware with gold trim
should always be washed by
hand in mild detergent.
|
COLLECTIBLES
AND MEMORABILIA |
There has always been a
good market for memorabilia from every decade.
Save those items which depict an event which has
great meaning for you,
be it history, sports, or
cultural events. Preserve paper memorabilia in a
flat box,
covered and do not fold. This will
maintain its original color and integrity.
Wrap glass items
separately and label them immediately. Obtain
documentation
for any collectibles even if they
are dated. Documentation can make your
collectibles more valuable. Don't forget about
children's items and special toys.
Remember you are planning
for a long term investment when you begin
collecting current items and memorabilia, plan on
storing in an orderly fashion
and cataloging so
you can readily find a valuable piece. Keep
up-to-date on
your collection by reading, internet
research and belonging to collector's groups.
Investing whether in
stocks or collectibles is a gamble and a great
hobby. Enjoy! |
