Bob Ramalho

Berkshire Hathaway - Verani Realty

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Bob Ramalho May 17, 2019

Finding ‘Hard Money’ Lenders Is Easier Than You Think

Are you the type of real estate investor that has an interest in a treasure hunt? A real estate investment strategy based on hard money is, at its core, a treasure hunt. There must be an underlying value, the "treasure," for a hard money opportunity to exist. Collateral For A Hard Money Loan Is Only The Property Hard money loans rely only on the value of the real estate property for collateral. The credit history of the borrower is not important. Usually, the limit for a hard money loan is a 60% … [Read more...]

Filed Under: Mortgage Tagged With: Financing, Marketing Trends, Mortgage

Bob Ramalho May 16, 2019

NAHB: May Home Builder Confidence Hits Highest Level in 7 Months

The National Association of Home Builders reported the highest builder confidence reading in seven months for May. May's reading exceeded expectations for an index reading of 64 and rose three points to 67. Component readings for the main NAHB reading were also higher. Builder confidence in current housing market conditions rose three points to 72; confidence in housing market conditions for the next six months rose one point to 72 and the reading for buyer traffic in single-family housing … [Read more...]

Filed Under: Market Outlook Tagged With: Market Conditions, Market Trends, NAHB

Bob Ramalho May 15, 2019

I Can’t Believe It’s Not Grass!

For those who have not taken a look at the innovative technology that is now used to make artificial grass, they will be surprised at how realistic some of the newest products look when compared to living grass. Installing artificial grass, which is high quality, does not come cheap. Prices range from $8 to $14 per square foot. However, this investment may pay off well because of improved resale value, low monthly water bills, and other benefits. The best artificial grass can last up to 25 years … [Read more...]

Filed Under: Real Estate Tagged With: Green Living, Home Improvement, Real Estate

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