If you’re a prospective homebuyer, you’re probably already somewhat familiar with the terms “buyer’s market” or “seller’s market.” The former situation occurs when the housing supply exceeds the demand, a situation that favors the buyer. But when the housing supply is more limited, a homeowner may receive multiple offers on their home, a market more favorable to the seller. Perhaps you’re looking for a home and are finding that you’re often outbid. In a tight housing market, sellers may ...

Fix and Flip loans are loans given to people who want to buy a home, renovate it, and then sell it for more money than they paid. It's a short-term loan, payable in 12 to 18 monthly installments. The collateral is the property under renovation. The lender provides the borrower a lump-sum amount to buy the property and pay for inspections, attorney fees, and loan closing costs. These loans are widely used to purchase residential property at auction or through foreclosure. They al...

If you're moving out of home and into an apartment, you're probably feeling a mixture of emotions. It's exciting, but it's also daunting as you prepare for the responsibilities of being an adult. To make sure that you don't get overwhelmed financially, it's important that you set a budget. This will help you stay on track and avoid overspending. Below we are going to talk about some tips to help you budget for your first apartment. Want to learn more? Then keep on reading! Asses...

Being a property owner can be one of the most rewarding things for a person. Everyone knows that owning property means having an extra source of income. However, owning a property is not a walk in the park, and if you own more than one property, you must know about the concerns regarding property management. The idea of self-management of properties interests many people. Still, as their portfolios become more diverse and as they start diving deeper into the business, they realize that i...

When it comes to buying a house most people believe you need to have a down payment to even be considered. However, that’s not quite the case. If you’re looking to buy a home but don’t have a down payment available, continue reading for how you can achieve homeownership. Government Loans While the options to buy a home with no down payment are limited, they are available. Lenders usually require buyers to place a down payment of around 20% of the home’s price. For some, that amount of...

While some people think that selling commercial real estate is as easy as a home, it’s actually quite different. There are many diverse factors to take into consideration, and it requires a lot more planning. Since you are generally dealing with a highly valued property, you want to make sure that everything is done correctly. In this article, we are going to talk about some tips and tricks to help you sell commercial real estate. Let’s get started! Gather information on the area B...

It’s no secret real estate has created more millionaires in the last 100 years than any other type of business or asset. However, investing in real estate can be intimidating and complex, especially if you don’t have any capital.  The median sales price for all home types (single-family, townhomes, condominiums, and co-ops) was $284,600 in May 2020 according to the National Association of REALTORS® (NAR). Not everyone has a quarter million dollars laying around to get started ...