Off-market listings, also known as pocket listings, are catalogs of houses that are for sale but aren’t listed on the most available and accessible listing services. Such listings can give the house hunters an edge in a market where the inventory is tight. However, finding such a listing is tough, and sometimes tricky. Read More →
Monthly Archives: October 2016
Identity theft is an alarming issue in rental frauds. Sometimes, the scams involve just a ‘ruse’ or a ‘rip-off’ springing from paying upfront for unavailable properties, but identity theft is the scariest of all.
It’s standard procedure for landlords and brokers to run credit checks before renting the property to someone. However, such a process also means handing over your highly confidential financial information to them. Read More →
The idea of buying an investment property seems intriguing when all the favorite home reality shows on TV are running rampant with successful quick flip stories – purchase a home, renovate it, and resell at a higher price. However, quick flips are risky, and you can lose big bucks if you step off on the wrong foot. Read More →
Disclosures are a vital part of a real estate transaction and are necessary for both the parties – buyers and sellers. Sellers have to document any known past or present defects of the property and hand it over to the potential buyer. On the contrary, buyers should screen through disclosures to know what they are getting for their money.
If you don’t carefully read the disclosures, you may miss out something important Read More →
What’s the reason to buy fixer-upper houses? The most common answer will be – profit! Investors buy run-down houses, renovate and fix them, and finally, sell them for good profits. These buyers are usually bargain hunters who pay considerably less than fair market value if the home were in less-than-perfect condition.
Another good reason is to live in the home. It helps many couples Read More →
Hurricane Matthew wreaked havoc in the Southeast coast for four days and left billions of dollars in damage in its trails. Homeowners, especially those living in Florida, Georgia, South Carolina, North Carolina, and Virginia, are now probably busy estimating their losses and reviewing their policy to find out how much they are covered.
A standard insurance policy helps you to be prepared for bad occurrences and natural catastrophes. Read More →
A hot market is one where most of the listed homes sell faster, usually within two months. There are fewer homes on such a market, resulting in higher demand and faster turnaround in homes for sale, and making the market extremely competitive.
With the constant ups and downs in the real estate market, many will want to test the waters when the market is hot. Read More →
Hurricane Matthew has already hit the United States and is on the way of causing substantial damage. So, when the disaster dies down, and you are done calculating the damage it caused to your home and personal belongings, you’ll probably want to figure out a way to minimize such financial woe in future.
Many homeowners learn the hard way that their standard homeowner’s insurance policy doesn’t cover flood damage, and only partially cover hurricane damages. Read More →