Buying or selling a house is often a problem for people all over the world. Getting the right price for a house which you wish to sell is always a matter of concern. Similarly, getting one at affordable rate is also not quite easy. If you wish to buy or sell a house directly from or to a customer you can face certain problems. You may not get the right price, as you do not have enough experience about this. So it is best to contact a realtor or...more
Are you struggling to sell your house or worried about getting a low price? Are you afraid of dealing with tenants if you put your house on rent to-own basis? Then try using a rent-to-own or lease-to-own marketing strategy.The banks are also making it very difficult for people to get home mortgages even though low interest rates are available. In some areas like Chicago, families are hard hit by the recent economic downturn and most of them are...more
For years, investors have been using private money to rehab houses. They find it better than conventional loans offered by banks, credit unions, and other traditional lenders. Rehabbers have a sundry of reasons for tapping this kind of financing and here are some of them.The first is it lets them close deals with zero personal money. If you sought credit from traditional lenders, they will give you enough money to buy a property. In the case of rehabbers, this is not enough because apart from purchasing a cheap property, they also need money to fix and market it. They also need extra cash for closing and other unexpected expenses. While they have lower interest rates, traditional loans may not be enough for their needs.That is why they turn to private money despite this kind of financing having higher interest rates. When you borrow money from private money lenders, you will usually get all the cash you need to buy a property, rehab it, and then market it. This is how it happens.Private money lenders will give you money based on the amount of the collateral. In the case of rehabbers, the fixer upper home is used as collateral. Lenders determine the price of the fixer upper home in...more
We Americans just love shaking hands with people we are introduced with. While this is not practiced in other cultures, a handshake is a sign of peace, welcoming, and getting to know for Uncle Sam. And if theres one thing you should shake hands with today, thats wholesaling houses.You must get to know this form of real estate investing today, while...more
Due to the instability of the economy at present, there are many home buyers looking for an opportunity to buy a house that can help them pay for their mortgage. These buyers are looking for types of homes which may be in need of renovations and include more space than you need yourself so that you can rent out a room or a suite. Renting out part...more
Today, many individuals are seeking to tap into the money-making opportunities being provided by the real estate business. Investing in real estate is great way to rake in huge profits, no matter what the current economic condition is. And one of the best methods to invest in real estate is by rehabbing a house.In the real estate business, the term rehabbing mainly applies to the purchase, renovation, and sale of an old property for profit. Most investor rehab undervalued houses because they can be acquired easily for a low price.The key to making huge profits when fixing and flipping properties is to improve a fixer upper homes curb appeal. When rehabbing a house, always remember that first impressions are very important because it is one of the factors that can determine the success of a rehabber of properties.To improve the profitability, as well as the market value of a rehab project, a real estate investor shouldnt forget to spruce up the kitchen. According to some, one of the favorite hobbies of Americans aside from watching the television is spending some time in the kitchen. Thus, it would be wise to give special attention to the kitchen to impress a prospective home...more
Many people would not believe that rehabbing houses is a high-paying job. They think that there is nothing rewarding with fixing dilapidated homes, nothing glamorous. All they see is a rehabber doing odd jobs to a home in disrepair to sell that...more
If you've even remotely considered purchasing a Los Angeles home and receiving the $8,000 Home-Buyer Tax Credit, you may want to start looking for a home immediately. The Los Angeles real estate market inventory of homes has been dropping...more
The real estate recovery continues to roll along with a big 7.4 percent jump in home resales last month, according to the National Association of Realtors.The current sales pace is 44 percent higher than it was the year before, including detached...more
We tend to get over excited on new things. We want to drive a new sedan for a whole day immediately after we bought it; use a personal computer for hours after we get out of the box; always look at the time in a new wristwatch. The same thing happens...more
With the increasing competition in the Philippine real estate market during the recent years, getting your real estate sold at the best possible price during the shortest possible time can prove to be quite a challenging task. This task can be made...more
What is the MLS and How Can It Help Laguna Beach Home Buyers?The Multiple Listing Service (MLS) is often the first resource for buyers and realtors looking for Laguna Beach homes. It provides the most comprehensive listing of homes for sale,...more