in real estate , a lot of people makes money via commercial property management where you help buyers find a new home to purchase. But there's also the aspect of residential property management that you can also make money managing.
As a residential property manager you get paid as you help...
As a buyer,getting a mortgage pre-approval letter is important. This will help you as a home buyer to have an idea of what you can afford to buy with your mortgage
You would get a mortgage pre-approval letter from the lender, which will help you see the terms of the loan to receive, the...
Getting a licensed profesdional inspector to assess your about to be bought asset comes at a cost. But it expedient not to look at the fees but the benefits you would derived from just activity.
it would be to your own advantage if you get a licensed professional inspector to inspect the...
I have a reasonable amount of money I would like to invest, either in land or cryptocurrency. Which of these two investments is the better one, in your opinion? Within the next three to four years, I would like to see a return on my investment, whether it be from cryptocurrency or real estate...
In real estate a seller might not allow the property for sales to be viewed without an accepted offer by the buyer This is the rule that comes with subject to inspection”, properties. With this the sellers stands at a better advantage and they benefits in the following ways.
They can still...
Probate sales is about the sale of an asset of a deceased that didn't write a will or give the property to anyone before dead This happens when someone dies suddenly and never thought it wise to willed property to anyone.
The family members might want to sell out the property or assets. so if...
Hard money loans can be gotten by anybody for financing a property. This is just a way to borrow money without needing to use the usual traditional lenders. The good thing is that hard money lenders finance your loan interest just on the property you are buying and not on any credit score. So...
You can always sell your assets with an ibuyer because they are instant purchasers or buyers. But this act comes with its own danger. So what the dangers.
You are likely to make less profit. since ibuyer charges percentage fees for as long as the asset or house will take in the market.
The...
When trying to acquire a property or asset you need to show some seriousness. You need to present some funds to allow the buyers know they are in for a purposeful contract with you.
So this is where Earnest money deposit comes in . This money is a good faith deposit, which is the initial money...
it is always of essence for buyers to be given the natural hazards disclose report by the sellers A seller is mostly mandated by the state to discloses if a property is located in high risk area. This is about a property in an area with higher risk of natural hazards like floor, earthquake...
The truth is that it better to buy your home in the winter season than spring. The thing is that home prices change with the seasons and in winter months , prices are always low. This is why a lot of people takes advantage of this lowest price in the months of January and February.
So taking...
When you are doing a home appraisal you just have to make sure you are doing the right things so that that you can get the correct estimate as you want from the expert used. So what are the mistakes you should avoid
Property Appraisal taking place without your presence. You should be around...
In real estate some marketed assets or property have the "as in" tag. As a buyer you need to find out what that means by the sellers. There are different meanings to that though it depends on the seller.
One of such meaning is that the seller is unwilling to perform most or no repairs that need...
In real estate, it is possible for another buyer to be interested in a property that's under a contract with another buyer. This is no illegal thing to do. So if you are interested in purchasing a property that is already under contract with someone else, all you need do is to submit a backup...
Yes escrow holding is a safe haven for parties in real estate transactions. The outstanding thing with Escrow holding is that it protects all of the relevant parties in a real estate transaction.
This is why an escrow holder is always a neutral third party in a real estate transactions. They...
When trying to purchase an asset or a property, it is always good to do your due diligence to be sure of what you are buying. The good thing is that some real estate purchase agreement comes with due diligence period. So it is expedient to always check if a due diligence period of time is...
Days on market (DOM) is about the number of days from the date a property or asset is listed for sale on the local real listing service to the date that the seller has sold or signed a contract for the sale of the property. Of course the signing is always done by the buyer.
With a low average...
In real estate business, sometimes a buyer can offer to buy a property that they are yet to inspect. So when a buyer makes an offer on a property he or she is yet to see or assessed it is called a blind offer.
Some buyers might just see the property among a listing and for some reason wants to...
In real estate closing is when the home sale is considered final, This is to say that a property sales is coming to an effective end With this the buyer’s access to the property is then provided, same with the buyer being considered the new homeowner.
So how can you bring a real estate...
Just like any other job as a house agent there are difficulties that you would have to deal with in the course of executing your job. The three outstanding ones are
Working long hours; you would be confronted with clients that would keep you waiting for hours so that you can complete your...