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 it is booming. You read that right, booming. This business is literally thriving today, more than...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...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 trying to reinstate their poor credit scores. Landlords are finding it more difficult to get good enough money for their rental houses.The solution to both of these problems is to use a rent to own agreement and to market the properties as rent to own. If you look at demand/supply statistics on Google for people searching for such rent to own homes then you will find a huge demand and very little supply of rent to own homes in Chicago especially. The laws of economics dictate that the owners of rental houses can make more profit if they can supply that demand.Many people know about rent to own agreements. There is a standard lease with a refundable security deposit. The second contract is an option to purchase the property at a specified...more
If I had to sell my house, I will certainly opt for rent to own deals in the market. Here are some of the reasons rent-to-own can be beneficial for you as a home seller:1. Higher Purchase Price Rent to own sales typically command a price premium over traditional sales. The buyer is paying extra for the flexibility he receives by not having to do an outright purchase immediately.2. Higher Rent ...more
Its been quite some time since they were first introduced by the government to the common man but the controversy just refuses to die down. While the government has been propagating the Home Information Pack (HIP) as being extremely beneficial to the people and one that would bring much more transparency to the field, the critiques just wont buy it. And whats interesting is that some of the most...more
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 Real Estate Broker. This term is prevalent in United States and Canada. A realtor is a person who acts as a middleman while buying or selling a house. This person takes all the responsibility on himself and finds you the right person for selling your house or buying a new one.Owning a large comfortable house is the desire of every living person of this world. However, some succeed and some do not, because of monetary problems. A comfortable house is the only way of a persons relaxation. So, he or she always wants to get one to give one self the required comfort in this tough and competitive market where a person has to run around always and work all day long. If you are one of them, then it is to inform you that owning such a house in no...more
If you have missed a payment or two on your mortgage and fear your home will become one of the many Atlanta Foreclosed Homes it is important that you work with the bank to save it. You can save it and there are many reasons why.Banks do not want to own properties on their books as assets. Many...more
Bronx foreclosed homes are a good way to move to New York City while spending less. The Bronx is a vibrant and densely populated area, a borough of the city. It attracts many artists and cultural icons and is considered a desirable place to live. As in much of New York City, rents and housing prices...more
Thankfully for many people, towards the end of August 2009, the property market started to show some small signs of beginning to recover and the positive aspects were mainly that there were more first time buyers who were able to get their feet onto the first rung of the property ladder.There are...more
It is common practice when youre putting your home on the market to have you or your Realtor take pictures of the interior and exterior of your home to use in marketing your house to potential buyers. While this can be a fabulous way to showcase the assets that your home has, it seems that for many...more
Using a professional house clearance or office clearance company takes all the hassle of clearing a property or business premises. In terms of business use, the minimisation of disruption is paramount.As with many professional services such as office and house clearances, the company has years of...more
Many home buyers closely watch the real estate market. They wait proper time to come so that they can purchase property. For them, the sunny state of California is a dream place. Similarly, property owners also sow great interest in California home values. They make sure that their investment in...more
Houses for sale Winnipegcondos for sale winnipeg, Winnipeg realtor, looking to buy house in WinnipegLooking to buy a house, condo, or any other property in Winnipeg? Here are some factors you may consider to make your search quick and simple and find the house you have waited for so long: When...more
ITS not only the tingling of jingle bells many of us hear over the festive season but the ringing of the tills as we spend our way through the festive season and well into the January sales!However, for potential buyers who are putting off moving until after Christmas, buying a brand new dream home...more