Answers - Real Estate

The looming question most home owners or for that matter any property owner has when deciding to sell their property is this. Can I sell the property by owner? Usually at this point in their thought process, a multitude o

According to USFDA, a combination product is one composed of any combination of a drug and device; biological product and device; drug and biological product

f additional questions arise. How can I market my home to really be found by potential buyers? If I get a buyer, what is the next step? How do I determine a competitive price for the property? The list can go on and on. S

; or drug, device, and biological product and fixed dose combination would include two or more combinations of drug.

Examples of combination products may in

o read further and I will answer some of these questions and help build your confidence in the FSBO process.

How can I determine a competitive price for my property?

The first thing you will want to know is where to

lude drug-coated devices, drugs packaged with delivery devices in medical kits, and drugs and devices packaged separately but intended to be used together.

get property values and what they cost. The first most logical place to start is a real estate appraiser. They are the most accepted form of property valuation. Most lenders will not consider approving a mortgage on a hom

here is enormous increase in the number of combination products entering the market in the recent years. Combination products have proven advantages but fixe

e/property without an appraisal. The next is Comparable home sales in your close market area. This can be accomplished in several ways. You can ask a realtor to give you comparable values, frankly I feel this is unethical

d dose combinations are still in the process of convincing regulatory authority on their advantages over the single ingredient formulations.

Combination pro

, using another persons time without compensation, or there is a vast amount of websites that offer FREE or very inexpensive Automated Valuation Models (AVM). One such website is easy to use and remember, GetOurHomeValue.

ucts have become life saving products for the pharmaceutical companies who doesn’t have many innovative molecules in their product pipeline and have been inc

om. For a Personalize Home Valuation Report, the cost would be $29.95 from this site. The report supplies you with the tools you will need to price your home competitively.

Once you have determined the property value, th

easingly used in the product life cycle management. Even the companies having product patents are trying to extend their product life cycle through the combi

e next step is to find a cost effective way to get buyers to view your home. With the internet being such an invaluable tool in our daily lives, this is my recommendation. Finding a FSBO website that offers a professional

nation products and maximize the revenues. But the companies involved in this practice are overlooking that they are burdening the patients both economically

venue to present your property to buyers at a reasonable cost to you is a huge key to your success in selling. In addition to the presentation, you will need tools. No, not the traditional tools, but marketing tools. Thi

and physically. They need to rightly judge the benefits of the combination products and they have to even look at the risks involved when combining the produ

is a very good example of a website that knows this fact. They offer several web tools to assist your efforts. One such item is the QuickURL tool. The easiest way to explain this is to give you a link to look at and try,

ts. Some of the combination products were well accepted by physicians while others suffered. Companies involved in development of combination products are fi

http://62328.GoToMyHomeForSale.com You will see the first part of the web address is numbers then a dot and then the website name. The listing number becomes a sub domain of the home website. This directs buyers direct

ding difficulty in defining their combination products and facing various challenges from selecting a combination to marketing it.

Following aspects would a

ly to their home on that website from local classified ads or their yard sign. For more on marketing, visit GoToMyHomeForSale, click on Ad Tips or Ad Features in the main menu.

So now that you have buyers looking at your

dd to the challenges in developing combination products:

Which markets to tap where the combination products can do fairly well?
Which combination prod

home. What next? The next step is to have the legal tools available to get the agreement of purchase in writing. Real estate Offer and Acceptance, Counter Offer and other legal forms are available usually for a reasonable

cts are meaningful and rational?
Which therapeutic categories to select?
Which Combinations can address unmet needs of the patients?
Do combin

price. Google search legal forms and find a trusted website to purchase the appropriate forms. I always suggest legal council if you are unsure of how to complete any of these transactions.

I wouldn’t be doing you justi

tions increase the patient compliance?
What would be the developing cost?
How to tackle the risks encountered during combination product developmen

ce if I didn’t add this brief statement in to this article, and here is a time saving step.

BE SURE THAT YOU HAVE YOUR BUYERS GET PRE-QUALIFIED BY THEIR LENDING INSTITUTION.

Following this step can save you an enormous

t?

As combination products don't fit into the traditional categories of drugs, medical devices, or biological products, the USFDA is in the process of devel

mount of time. Be sure to ask the potential buyers to provide you with a letter of pre-approval or pre-qualification for the amount of your home/property.

Once you have an agreed upon sales contract signed by all parties

ping new procedures for reviewing their safety, efficacy and quality.

Professional from academic institutions, pharmaceutical industries, health care indust

, it time to move onto the next step. This is Title and Escrow. Some states use attorneys to facilitate the real estate transactions and others use Title companies. Check into this with your attorney. Either one is respon

y and representatives from various regulatory agencies are working out to design the regulatory requirements for manufacture and sale of combination products

sible for checking the property title history to assure there are no liens or encumbrances on the property. In addition to that they handle all payoffs and hold earnest money for the transaction. The title process is much

.

As there is an increasing trend of the combination products companies manufacturing such products should be able to tackle the problems involved in the de

more in-depth than I will get into here. Rest assured that they should be looking out for both sides as an uninterested third party.

Finally, once the title company/attorney has completed their job, and the buyer has be

elopment. They need to be wiser in analyzing the market trends and the regulatory requirements.

Companies that provide selfless information through particip

en approved for their new mortgage loan, its time for the buyers to go to their signing. Once the signing is complete and the title company/attorney records the transaction. Its time to receive your proceeds from the sale

tion in industry events and feedback to regulatory authorities would be able to face the challenges and will be successful in developing combination products

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Your resume is your sales letter. It may not get you the job. But it must get you an interview. The resume should be written to arouse the interest of the employer so that you get your appointment for an interview.

Take a hard breathe, you may be surprise no matter how acceptable your financial statements might be, today!

Poor Eddie the e-marketer has been plagued by errors in judgment all his life. From always picking the longest line at the toll booth to buying lots of dot com stocks right before the bubble burst, h...

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Answers - Real Estate Agent or For Sale By Owner?

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