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The Real Estate "Market" is a Compilation of Local Economies
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When people speak of the real estate "economy," they are using nationally- based statistics.
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Good FICO Scores = Best Loan Rates
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FICO scores (credit score) are what the vast majority of American mortgage lenders use to evaluate home loan applicants' creditworthiness.
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Before You Buy a House
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Before you buy real estate, educate yourself about what's involved.
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Before You Sell a House
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Before you put your house on the market, its best to put a shine to it.
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Terms Used in Real Estate
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Common Terms used in Real Estate
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Five common mistakes frequently made by first-time buyers.
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Common Mistake made by the first time Real Estate Buyers
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What's the real difference between a new home and an old one?
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While each offers its own style and charm, the difference usually boils down to two things:
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Is real estate a wise investment?
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There are fewer investments that have shown a better return. However, the key to investing wisely in real estate is understanding how the industry differs from others.
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How Much House Can You Afford?
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There are several ways to gauge how much you can afford to spend on a house.
But, before you go house-hunting, get pre-qualified for a mortgage so you'll know
in what price range you can shop.
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How difficult is it to qualify for a mortgage if you have a past credit problem?
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Credit problems can make it harder to qualify, but it's quite possible for buyers with poor credit to obtain a home loan.
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How to Make a House Look "Bigger and Better".
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One sure way for you house to appear larger-and more appealing-is if clutter is eliminated and furniture and household goods are reorganized.
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What is Escrow?
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Escrow is a process that begins when the purchase offer papers are signed by both parties, and ends when the loan is approved and all the necessary requirements have been fulfilled by both the buyer and the seller.
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How much should you budget to own your own home?
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Aside from the down payment, the three largest expenditures involved with the purchase of a home are usually your monthly mortgage payment, insurance and taxes. Obviously, the amount of your mortgage payment depends upon your down payment, rate of interest and the price of the property.
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How Much is Your Home Worth?
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In today's fluctuating real estate market, answering that question can be extremely complex. Generally, there are four criteria that can help homeowners determine an accurate as well as maximum selling price for their home.
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Thinking About Selling Your Home?
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If so, there are two ways to go about doing it -- sell it yourself or engage the professional services of a REALTOR.
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Glossary of Terms
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Accommodator: A principal involved in the exchange transaction who agrees to assist the exchanger to effect a tax-deferred exchange. Same as Facilitator or intermediary.
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Financing Facts for Real Estate
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Obtain a copy of your credit report and check for errors.
Do this prior to your lender ordering one. Mistakes are found.
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Property Management - Real Estate
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It goes without saying, that good property management doesn't have to cost you money
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How to Write a Loan Proposal !!
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Approval of a loan request depends on how well you present yourself, your business and your financial needs to a lender. The best way to improve your chances of obtaining a loan is to prepare a written proposal.
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Turn small marketing dollars into BIG profits with MINIMAL effort and HUGE results.
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However, due to the following reasons people fail to succeed in real estate investing. If you understand and care to change your approach u will be right back on track!
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Why Do Some Homes Sell Quicker than Others?
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They are priced right. Pricing is usually the number one determinant as to how short or how long a home will be on the market.
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Should you Appraise your Home Before Putting it on the Market?
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It isn't necessary, but an appraisal will give a good indication of the price the seller will actually get for their property. A real estate agent can give you similar reliable data to determine current market value.
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Does a home warranty protect a buyer in the event something goes wrong after they have purchased a property?
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Sometimes. That's because home warranties are often times misunderstood and not every warranty provides the same protection. All warranty companies are not equal, either.
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What are "contingencies" and why are they important?
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A "contingency," is an escape-clause that is added in-writing to a contract which allows a buyer to back out of the transaction if certain conditions aren't met.
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How do you go about finding a mortgage?
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The commotion of house hunting is finally over. You found just the right house, and your offer has been accepted. It was a great buy. Now, just one more hurdle-getting a loan-and you're home free.
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Home Warranty Providers
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It is a service contract that helps protect homeowners against the cost of unexpected repairs and replacements of covered major systems and appliances that break from normal usage.
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What is Tax-Deferred Exchange?
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Under Section 1031 of the Internal Revenue Code, owners of real estate held for investment
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7 Steps for a Successful 1031 Tax Deferred Exchange
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7 Steps for a Successful 1031 Tax Deferred Exchange
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Property Insurance - Real Estate
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When deciding how much insurance you need to cover your home, think replacement cost rather than market value.
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Property Taxes - Real Estate Sales
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Proposition 60 and 90 provisions deal with transferring a homes existing property tax to that
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