You’re selling your home, have accepted an offer you’re happy with, and it seems like all your stress is over. It’s time to pack up and move on! But sometimes life throws you a curveball—such as another buyer who is smitten by your fabulous home and steps up with a higher offer. What’s a seller to do? Overall, […]
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Downsizing into a Smaller Home
Have you noticed there is a new push for downsizing the way we live? Homeowners are realizing that “living large” doesn’t always mean bigger is better. In fact there are many benefits to downsizing to a smaller home. Whether the decision is voluntarily are you’re forced to move for job relocation or other life event, […]
Should You Hire a Management Company or Self Manage Your Rental Property
Taking a Closer Look at the Benefits of Both Property Management & Self-Management Most property owners get into the rental property business to boost their retirement savings, replace their nine to five job, or to simply increase their income. And, to say that most property owners want to do this passively is an understatement. The […]
Common Real Estate Valuation Mistakes
Most consumers, and for that matter many Realtors simply do not understand how to properly value real estate and how to effectively determine the market value of a home. Here we discuss three common valuation mistakes: Add value to a property for a bedroom Incorrectly adjusting for square footage Compare non similar style homes with no adjustment Add value to a property for a […]
Why Investors Need to Make Rent Raises a Part of Their Strategy
Landlords should always raise the rent. The rent should be raised every year. Real estate investors shouldn’t be stumped on the question to lift the rent each year. There are too many reasons that you can’t afford not to do it. To begin with, you must cover your own expenses. Your costs will almost invariably […]
10 Things You Should Do Before Buying Rural Property and Moving to the Country
6 Things to Consider When Buying a Flip
Gorgeous hardwood floors, wrought iron spindles, a center island kitchen with soft close cabinets and sparkling granite counter tops, finished basements with media rooms. These rehabbed homes aren’t always what they seem and buyers need to look past these trendy finishes and assess the condition of the structural and mechanical elements of the home as well […]
Housing Market in Need of More New Homes
We need more houses. It’s going to take a long time until we have enough. Check out what happened during and after the housing bust that began in 2008: Single-family house construction cratered. House completions have recovered a bit since 2011, but they’re barely above the depths of the 1982 recession. Single-family home construction is […]
Shortage of Buildable Lots Will Push Up Home Prices
A growing shortage of lots for new homes will push up home prices in many U.S. markets. That’s the word from the National Association of Home Builders (NAHB), which says the availability of new-home lots is at a historic low. In the NAHB survey for May, 64% of home builders reported the supply of new-home […]
Should You Change the Locks or Rekey Your New Home?
If no new holes are needed in the door or door jamb, replacing the locks on your new home is a fairly straightforward, DIY job. A properly locked door is your first line of defense against intruders. Of course, that defense is not very reliable if you’re not sure who has keys to those locks. There are […]