While the current economic forecast is looking stormy and tumultuous for many people across the nation at present, it may in fact be an ideal time for a great many people to buy their first home. Even with the current recession still making big waves for many people, the combination of factors at work in the real estate market at present can mean some very good opportunities for a big group of prospective buyers.Right now, homes are at record low...more
When we consider buying a Mexico home, either for retirement, for a vacation home for our family, or to move permanently, one of the first factors we consider is safety for our families and for ourselves. Cozumel Real Estate offers one of the safest communities in Mexico; with all the news reports we hear about crime and robberies sometimes seems as much as our home countries as in Mexico or anywhere else this makes buying a home in Cozumel...more
When putting up homes for sale, homeowners are always advised to stage their properties well. There are several cost-effective ways to stage properties but, for some, complete improving an outdated part of their homes is essential. If youre planning major home improvement projects, you're likely going to need a contractor. There are several risks of hiring contractors but they can be efficiently eliminated if you know just who you think is the right one for the job. Here are some helpful tips to find the perfect person.1. Know just what you wantHomes for sale undergoing major improvements are likely to have problems in the future if the wrong contractor is chosen. This is also true if the homeowners dont know what they want and skipped the details entirely. To avoid this common gaffe, make sure you discuss the details of the project with your contractor and address anything you dont find agreeable face to face. If you see a potentially problematic issue, relay them immediately and give the contractor enough time to correct them.2. Bids count but quality is betterThe amount homeowners pay to improve their homes for sale is almost always synonymous to quality. Oftentimes, to...more
Whether you're a first-time homebuyer or home-buying pro on the lookout for the next investment, the basics of buying a home remains unchanged. It doesnt even matter if you're either in a buyers or sellers market because youre sure to survive if you know the proper ways of buying a home. And if you're in Miami looking for a Coral...more
The global economy may be unstable today but still, more and more people are venturing into rehabbing houses. Rehabbing a house can actually be very rewarding. The trend buy and hold has convinced a lot of investors to try this kind of real estate investment. If you plan on rehabbing properties, below are some common myths which have been debunked...more
Lot neophyte real estate investors tend to get excited with rehabbing a house that they forget the basics of the business. So to keep your eyes on your target, here are some reminders on rehabbing a house beginners will surely find interesting.Make a schedule and do everything to abide by it. One mistake beginners usually make is starting a project without a schedule. After watching some TV shows, they now believe that they can finish improving a home in their spare time and that they dont need a time line. In reality, rehabbers are always racing against time. Dont forget that when you enter the property, you use electricity for lighting and construction tools. The longer you take in fixing that property, the bigger your electricity bill will be.Many investors also dont know that a property loses value when it stays too long in the market. Thats why you should fix and sell that house fast. A house is likely to lose value after it has been in the market for at least 90 days. While you are rehabbing a house, it will help if you also start looking for a prospective buyer. That way, you can just turn over the keys to the new owner the day you complete the project.Like a schedule, you...more
One of the biggest trends in real estate today is rehabbing houses. Investors purchase a property at a good price, rehab the home and sell it later on when the market starts showing potential. Given this, many are interested in rehabbing properties....more
While it can be almost pleasant to have your home shown in the summertimesince we all enjoy a nice tidy home and more excuse to be outsidebut showing your home in the wet seasons can be uncomfortable for you and uninspiring for prospective...more
Dallas foreclosures declines 17% in the first six months of 2009, but experts note that Dallas foreclosed homes are still very abundant. Financial experts note that the decline in foreclosures is likely due to measures to help troubled homeowners,...more
In the past, buyers and sellers were completely dependent on rising home values and easy-to-obtain mortgages to dictate their moves. But ever since the real-estate market crunch, the process got a lot harder and simple knowledge on the market wont...more
Most homeowners prefer to reserve properties like Miami luxury homes for later when they are ready to trade for much larger spaces. There are also others who buy these sorts of properties as second homes or investments. Regardless of the purpose, if...more
Homeowners who find themselves suddenly in need of moving to another location due to whatever reasons are faced with the problem of selling their home fast. This, plus the deadline they have to find the next residential property, can put tremendous...more