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 →
Even a pretty house or a nice apartment complex can be transformed into a hellhole if you end up with a bad landlord. Most of the times, problems arise when either tenants don’t know about their legal rights or landlords cross their legal boundaries.
It must be rewarding to be able to live in the town or suburb where you actually want to live. Well, most of us don’t get that blessing as our hands are tied by our job. However, retirement gives us the freedom to move to our favorite place whenever we want.
What sells a house faster? Lots of factors such as right price, good location, attractive interior features, etc. can help closing a deal quickly and curb appeal is one of them. It’s an important factor in home staging or when you are holding an open house. Making a good first impression matters and don’t let badly designed landscaping and poorly maintained exterior wreck a potential deal.
Real estate market is volatile and it’s quite uncertain to predict when the trends will favor who. A seller’s market can flip around and favors the buyers just within a few months. It may make the situation a bit challenging for the homebuyers because house hunting is tough and it’s tougher to time perfectly. The prices may start rising just when you start looking for homes, leaving you with the hard task of finding a home in a seller’s market.