When you are selling a property there are certain disclosures mandated by state and federal law. Do you know them? Are there other disclosures that are recommended, even if not required? This article will address those issues.
Have you ever made a mistake that cost you the sale of a house? I’ve made every one of the following mistakes during my many years of investing in single family homes. The secret is to recognize the mistake and strive not to repeat it. Are you making any of these right now?
When offering your house for an all-cash purchase, you limit your market. If you’re flexible on the financing terms of the property, you increase your pool of buyers and thus the demand for your house.
When considering a property loan from an institutional lender, you need to consider many of the variables involved in the loan terms being offered.
The real estate contract is the most often used, yet least understood tool in the real estate business. Real estate contracts are based on common law contract principles, so it is important that you understand the nuts and bolts of contract law.
First impressions are just as important in real estate as any other aspect of life, if not more important. Many prospective homebuyers will size up a property within just a few seconds of viewing it. That first impression can get them in the door with just a little work.
Once you have your property under contract, you can proceed towards closing. Basically, there are three things that happen between contract and closing, which can be remembered by the acronym, “ATM”. This should be easy to remember because it is like going to the ATM machine when you close to get your money.
You need to keep your property in good shape to attract tenants or buyers. There are several small things you can do to increase the appeal of your house. The following are some inexpensive ways to improve your house with very little cash.
I am sure you’ve heard the expression, “Attitude is everything.” This is very true. Right now, it’s simply your attitude and mentality that will give you the edge over others who are trying to invest in this highly violatile market.
Not sure what to expect from your appraisal? Watch these videos to learn about the process.
