Becoming a home investor means adapting strategies and gaining a deep understanding of the local market. Each area is different from the next, and one set of challenges might not even be a big deal in another area. How does a new investor know what to do and what not to do? We talk about six of the top things a venture capitalist wants to dodge to become a thriving investor in this blog.
Failing to Plan and Research
This section refers to the market, the house, potential buyers, inspections, repairs, and every other aspect...
Using Professional Carpet Cleaners
A beautiful carpet or rug isn’t so beautiful anymore when it gets dirty and soiled. While all other types of flooring can be easily swept or mopped for an almost instant shine and clean, carpets need more than just a weekly vacuum to display their beauty.
You might have tried every product there is to get stains out of your carpet and to bring back its luster and color, but to no avail. This is when you need pros to get the job done. There are so many reasons why having a professional carpet cleaning crew handling your carpets year round is going to make your life so much easier and consequently, happier!
Here are several reasons why you should get your carpets cleaned by...
The Winds Are Shifting In Real Estate
National home sales have historically peaked in spring. This peak has mostly been driven by families with children wanting to settle before the next school season. However, the current state of our nation is far from following traditional or historical patterns.
The ongoing government shutdown, recent natural disasters, and extreme weather patterns are all playing a crucial role in the shifting real estate market. Mortgage rates fell for the first time since February 2018.
Home loan applications surged in the second week...
Will A Reverse Mortgage Work For You?
Reverse mortgage options have been around for years, however, there is still a lot of confusion about them. The programs tend to be complicated and are not necessarily right for everyone so it’s important to understand what a reverse mortgage is before making a decision.
How a Reverse Mortgage Works
Homeowners who are 62 years old can supplement their retirement years income in with a reverse mortgage loan if they...
Making Your Home Secure During Vacation
Spring has officially arrived, and with it, thoughts of weekend camping trips, days at the beach and Spring Break vacations. Unfortunately, this is also the season known for the highest percentage of day-time residential break-ins.
A report by the U.S. Department of Justice showed the highest percentage of burglaries occur during the spring and summer and in the daylight hours. The report stated that ice and snow were a significant...
Technology Allows The Self-Employed To Qualify For Mortgages
Just about one in every ten people in the United States workforce are self-employed. Being self-employed has notoriously made it hard to obtain a mortgage loan. The times are changing, lending giants Fannie Mae and Freddie Mac have put in place a new system that will make this process easier for the self-employed.
Recovering Hoarders Guide To Decluttering
Decluttering a home before putting it on the market will make staging faster and selling it much easier and less costly. Real estate professionals all agree that the best time to sell a home is fast approaching and homeowners thinking of selling are already starting to think about spring cleaning and what they are going to do with all the stuff they’ve accumulated over the years.
Investments In Commercial Real Estate
Although the idea of investing, in general, has been a popular trend among the majority of individuals lately, one specific sector has become increasingly popular for a number of reasons; commercial real estate.
Commercial properties are different from residential subdivision properties, as the term commercial refers to ...
Blockchain Technology In The Real Estate Industry
Over the last few years, there has been talks about cryptocurrency in both mainstream media and on social platforms. You are likely to have heard of terms such as bitcoin, litecoin, dogecoin, ripple, and ethereum, among others.
You might have been wondering what they are talking about and what it has to do with real estate. Cryptocurrencies are becoming more commonly used around the world today.
What is Bitcoin?
Bitcoin is a digital currency that is used to facilitate transactions from one person to another online. One can purchase goods or services using bitcoin while the seller can accept another cryptocurrency such as litecoin for the...
Nine Mortgage Terms Explained, From ARMs To Points
Are you considering buying a home? Will you need a loan? Do you understand the home loan process and how a mortgage works? Knowing basic home mortgage terminology, including loan types and points, can help first-time buyers learn the things they need to know so they can make their best informed decision. Let’s look at these nine basic terms that may help new buyers gain the confidence to move forward with...