Reality TV shows have inspired people to flip houses for profit. They make it look fun, easy and the type of business anyone with some capital can get into. Every once in a while, house-flipping episodes show an underperforming sale and a financial loss. That is why people in the flipping business need a cushion in case things don’t pan out. This brings us to a slightly different approach. Some speculators start out flipping land. Yes, that’s right. Land. Flipping Land Can Be Less … [Read more...]
How Do You Tell If A Neighborhood Is The Right One To Settle In?
Choosing the perfect home to settle in can be a tough decision. You have to weigh in on many factors including price, size, features and amenities, number of bedrooms and baths, design, and so on. However, all these factors are not enough to give you a great home ownership experience if you fall into the wrong neighborhood. Picking the right neighborhood not only guarantees you happiness and comfort, but also helps with home appreciation for the sake of future re-sale value. In most cases, … [Read more...]
The Basic Facts About Short Sales
As a potential home buyer, you are probably familiar with what a typical sale looks like. You probably also have a basic understanding of what a foreclosure is and how it works. Another type of sale that may be less understood is called a short sale. These sales are not as popular in the market, but you may come across a few. You may even fall in love with a home that is listed as a short sale. What does this mean for you as the buyer? These are the basic facts that you need to know about these … [Read more...]
Thinking About Buying A Fixer-Upper? Know These Top Resources To Make The Most Profit
If your financial situation is limited, yet you're handy with a hammer and nails, then purchasing a fixer-upper home can be an attractive option. Fixer-uppers typically require a bevy of updates and repairs to bring the home up to current market conditions. Because of this, the listing price is often considerably less than a move-in ready home. Your trusted real estate professional can help you find the best projects to buy and sell. Getting Started Fixer-uppers aren't for everyone, but … [Read more...]
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