The idea of an idyllic beachfront home is appealing for many people, but there are a number of factors involved in this type of home purchase that should be considered before getting serious. Whether it's a home to live in full time, or a vacation property with investment potential, there are a number of issues to take note of. So, if you're on the fence regarding waterfront property, here are some things you should keep in mind if beach life might be right for you. The Ever-Shifting Shoreline … [Read more...]
Locked in a Bidding War? 3 Tactics That Will Ensure That You Reign Supreme with a Winning Bid
Bidding wars can be ugly, nasty things - but with the right tactics, you can come out a winner without having to double your offer. Welcome to basic training - today, you'll learn how to navigate the obstacle course that is a real estate bidding war and come out on top. Put these three strategies to use and you'll easily win the home of your dreams. Offer To Pay The Deposit In Cash It's not usually wise to make a down payment in cash, but paying cash for the deposit is a brilliant strategy that … [Read more...]
Buying Real Estate vs. Buying Stocks: Here’s Why a Home Should Be Your Priority
Once you're done with debt and you've started to save, it's commonly the case that you'll start hearing about the risks and rewards of investing in stocks or real estate. Unfortunately, it can be difficult for many people to know what type of investment is going to work better for them down the road. If you're currently considering what you should put your money into, here are some reasons you may want to turn to real estate. It's Something You Can See While investing in the stock market will … [Read more...]
Real Estate Terms: The ‘Debt to Income’ Ratio and How It Affects Your Home Purchase
The real estate market is rife with terminology that can make a home purchase seem more than a little complicated. If you're currently looking for a home and are considering your loan options, you may have even heard the term 'Debt to Income' ratio. In the interest of simplifying things, here are some insights on what this term means and how it can impact your home investment. Determining Your 'Debt to Income' Ratio It's important to consider what exactly your DTI ratio is before your home … [Read more...]
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