Tag: DC Fawcett VREIC

DC Fawcett Virtual Real Estate Investing Club Collateral And Home Equity Loans

Collateral option is preferred by the investors when the loan amount is huge. The borrower has to be in consent with the lender that he is allowed to take a part of the collateral for selling purpose in case the borrower fails to make the payment. DC Fawcett Virtual Real Estate Investing Club  Usually the borrower pledges his land and the borrower can expect a reasonable amount when he applies for the loan.

DC Fawcett-Virtual-Real-Estate-Investing-Club-Collateral-And-Home-Equity-Loans

The collateral is used as an assurance from the lender’s perspective. It reduces the risk as he does not lose all his money when borrower falls short on his payment. The lender has all the rights to hold the borrower’s possession when there is a payment default, the possession can be sold and the amount can be used as reciprocal for the loan.

Instead of taking legal action and to avoid lengthy procedures, the lenders just sell off whatever the borrower pledges as collateral and make money.

Not only land, there are different types of collateral which is listed below.

The valuable asset can be in any form which can be made into cash when you sell.

  • Automobiles
  • Real estate
  • Savings account ( the lender takes the amount that is left in your account whichever is due)
  • Insurance policies

Usually the lender only sanctions a loan which is very much less than the value of the asset. There may be certain situations where you may need to add collateral when the existing collateral loses its value.

Collateral loans are usually applied by business men as well for personal use. They are the last choice when the investor has a bad credit score as these loans are expensive.

Similarly, home equity loans are preferred when the borrower is in need of huge amount. These loans are not having much strict guidelines and easy to get qualified. It is more of a second mortgage, when the first home you own has resulted in sufficient home equity.  These loans are considered to be safest and you cannot come across scammers and fraudsters as these loans are provided by the bank. Know you income and expenses before applying for the loan.

The following are the benefits of home equity loans

  • Rate of interest is low
  • People with bad credit score can apply for these loans as getting an approval are easier.
  • The investors get tax deductions

When the borrower fails to repay, his house which is kept as collateral is taken by the bank and the foreclosure procedure comes into force. The risk factor should be kept in mind before applying for home equity loan. The fear of losing your property will stop you from applying the home equity loan at times.

Also the bank should not approve loans having higher amount as bank may face a financial crisis if all those borrowers default in payment. The borrower can avail two options namely HELOC and lump sum, which is more like second mortgage type. To know more about second mortgage, the uses read the blogs in DC Fawcett virtual real estate investing club.


DC Fawcett virtual real estate investing club blog will help the investors to know more about the emerging trends in commercial real estate and how to prevent from scams.

DC Fawcett Virtual Wholesaling – Benefits Of Home Inspection

It is important to inspect the entire house before you move in. It is called home inspection which is done at both occasions – selling and renting a property.  When a seller or landlord skips and marks for home inspection contingency, then it is better to avoid the deal and back out.DC Fawcett Real Estate

It is visual diagnosis of the property and determines the condition of the home. The inspection should be carried out with your listing or buyer agent for 2-3 hours minimum. (Time depends on age, condition, square foot of the house it differs). There are qualified home inspectors to do this task, make sure you go with them.


DC Fawcett reviews points out the benefits of home inspection

Areas to be checked while inspection:

  • Checking whether all safety measures are ensured, it is must when you move in along with your children.


  • Basement should be checked for any water leakage if any and construction of the basement.


  • Inspecting the structural integrity and strength, condition of the home appliances, furniture, electrical, plumbing, driveway, walls, grading, Flooring, ceiling, gutters, and downspouts. Check if all are working or not.


  • Kitchen appliances, chimney and other fixtures


  • Bathroom fixtures


  • Check how to evacuate when fire or any natural calamity occurs.


  • Ventilation and insulation issues


  • Interiors and exteriors have to be checked thoroughly.


  • Doors and windows safety has to be checked, also the condition


  • Attics and garage , check if your vehicles can be parked without any problem



  • Ask the seller/ landlord to negotiate the price


  • Resolve the issues prior in case of any violation of the law


  • You can spend that cost on repair work if you find any during the inspection


  • Estimate the future repairs to be done and make approximate calculation


  • Enquire about home insurance and certifications.


  • A report is generated after entire inspection of the property for the buyer which gives an idea about potential expenses in future, condition of the property. Agent and buyers have a copy; the same report can be used by the sellers for any number of buyers.


  • Pre –purchase inspection will list out all the defects and positive features of the property in the report.


  • Pre- listing inspection is between an agent and seller


  • Provides confidence and peace of mind to the buyers


  • Improves image and professionalism, increases credibility


  • Closing cost time is saved


  • After sale –repairs and renovations work needed or not is discussed and corresponding issues are sorted out earlier


  • Referrals are identified from the fellow clients


  • Increases the chance of selling your home quick


The home inspection is carried out by buyers, so he has to pay the expert team. It instills confidence and removes conflicts. To know more about home inspection and its benefits, visit DC Fawcett virtual real estate investing club.  Investors can make use of this blog to prevent from scam.

DC Fawcett Reviews – Real Estate Investing Tips For Starters

Have you just started investing in real estate? Here is the list of effective tips from the desk of DC Fawcett to start investing in real estate business and earn more profit within short span of time.

DC Fawcett Real Estate Investing Tips for Starters

A simple definition of Real estate could be investing money in property now and gain more profit in near future. It is every investor’s dream to turn their investment in real estate properties like houses, offices and buildings into profitable sources of income. But you should calculate the risk you take and make sure that the profit you make on each transaction is more than the acquisition cost of the property.

Rental properties gives a cash flow income throughout a year and they are highly profitable. But it needs regular maintenance and you may also have to find good tenants to accommodate occasionally. Real estate investments can become a life changing act once when you do it right. Though, it is said to be a long term investment yet it returns you a huge profit.

Real estate investment profit sources

Appreciation is the common source of profit in real estate investments. Consider that you have bought vacant land years back, then comes a rapid development in the area and the prices have gone far beyond the purchasing price. This is what we call it as real profit and this can be applied not only to the land but also to any real estate property like houses, apartments, buildings etc.

When the appreciation value of land rises reselling price also increases. Do a thorough research on upcoming valuable projects or construction economic zones or buildings which raises the appreciation value of the land.

How to invest in Residential properties?

Being a landlord is not an easy job. Finding a good rental property takes lot of effort and time. Residential property investments are profitable only when you buy it in a good location and in sound condition.

If you have decided to invest in rental properties then make sure that it is in good structural condition. Starting the renovation from scratch would be very difficult and avoid it at any cost. Instead if you buy the houses which are good in structure then it would be easier for you to manage it.

House Flipping, why is it called best real estate investment method?

Buying a house for under market value, repairing and renovating it and selling it for higher price is house flipping which earns you a hefty profit. If you are doing a house flipping for the first time then there are lot of mistakes which has to avoided.

Hire a house flipping or real estate expert to create an estimation on renovation cost. Make sure that the selling price exceeds the acquisition and renovation cost, for the first time flippers it will be really hard to calculate the accurate expenses. But with the expert’s guidance you can do it easily and earn more profit.

Soon after completion of renovation and repair works you can put up the house for sale in market. There are many online marketing tools and other advertising methods available or you can also advertise by distributing pamphlets, multiple listing websites etc. to sell the house quickly. To sell the property quickly, you also need to have some marketing skills.

Important points to remember while starting your career in real estate investing

  • Before start doing the job check with local realtors association and find out the requirements to obtain license.

  • Real estate investments is all about budgeting and getting it done correctly.

  • Create a client portfolio and develop relationships among people.


DC Fawcett VREIC  is a real estate entrepreneur come trainer, helping all real estate fervents to achieve their goals by means of his seminar and camps. In addition, he also teaches how to develop a real estate business and produce different income streams.

Dc Fawcett, the founder of the Virtual Real Estate Investing Club, gives a fair idea in his blogs about going for the Flipping Houses .  Also, one could go through these blogs to understand the real estate scenario better.