The home buying process is sometimes overcomplicated, owning the keys to your own home is not that hard! * Step 1: How much you can afford What you can afford depends on your income, credit rating, current monthly expenses, downpayment and the interest rate. The online calculators can help and consider the following: - How much home you can afford - Buying vs. Renting - Home Economics Need help with your downpayment...more
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 one of the best options for a relaxing retirement or family life with peace of mind.This high level of safety is more than just a local claim. Recently Cozumel was recognized as the safest city in Mexico, despite a shortage of police, according to international standards.On the island of Cozumel, the Mexico's Navy, the Mexican Army, the Air Force and the Federal Police all have a presence. And this is not a reaction to any problems that have ever occurred. The crime has been consistently low, and the various security forces on the island work together with the municipal government, and collaborating with the state and federal governments as well, to prevent crime, keeping the crime rate low and protecting citizens. It is a plus for...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 There are several cost-effective ways to stage properties but, for some, complete improving an outdated part of their homes is essential.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...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 by real estate experts.Rehabbing homes will need a lot of money. Contrary to what most people believe in, rehabbing a home does not always need a huge capital. Some opt to use their personal savings. Others look for rehab home loans. These loans give you the chance to rehab a property even with very limited personal money in your hands. Some of these loans are offered by hard money lenders. Unlike banks and traditional financial institutions, hard money lenders do not check on your credit history and income. All they look for is the potential of your investment.Rehabbing houses is a fad and will die in an economic slump. The global financial crises have affected a lot of industries throughout the globe but this does not mean that the real estate industry is bound to fail. Some real estate...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...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