Why Is the Assessed Value Different Than What the Realtor Says My Home Is Worth?

Assessing the value of a home when putting it on the market with a realtor is affected by a number of factors. There are two numbers to consider when selling your home: assessed value versus market value. In some cases, assessed value and market value may be similar. But in general, the assessed value will be lower than the market …

Buying Pre-Foreclosures

Pre-foreclosures are known as properties that have reached the final stages before they get repossessed or taken back by the lender or bank.  The owner is still in complete control of the property or home, although the bank or lender will repossess the home if the owner doesn’t attempt to rectify the situation.  Normally, if the owner makes things right …

What Is a Short Sale?

“. In the course of looking for a dream home, prospective buyers will often hear the term “short sale”.  No, it does not mean you can move in right away. A short sale refers to the owner of the house being willing to sell the house for less than its market value. A short sale can potentially be a good …

What Are Closing Expenses and Am I Responsible for Paying Them?

Closing expenses, or closings costs, are part of the process of finalizing the sale of a house. In some cases, the closing costs might be paid by the seller, and in other cases by the buyer. It will depend on the nature of the fees, and how good a deal the parties negotiate with one another. Seller Closing Costs If …

How Does the Inspection Phase Work?

The inspection phase of a home will vary from county to county, but in general, all inspections will involve evaluating certain aspects of the home before a seller can sell their home to a prospective buyer. Health and safety are important considerations. Basic amenities expected of a modern building should also be in place and functioning properly. Inspections are crucial …

A Few Pieces Of Real Estate Investing Advice

If you know what you are doing and are careful, you can really score big in real estate. Do you want to find real estate success without going into the poor house? Read on! In the world of real estate, your word means everything. You will need to keep your work and never lie to a client. This builds credibility …

Advice On Selling A House

Advice On Selling A House Maybe you’ve read lots of advice on selling a house. But do you know the biggest mistake many people make when selling a house? Not understanding real estate value. You see, it doesn’t matter what you think your home is worth. It doesn’t matter what you did to make in nicer for your family. The …

Advice on Picking a Real Estate Agent

The ideal agent is not always the one with the most sales under his or her belt, or the most years on the job. The ideal agent is one who listens to you, is easy to get along with, and has the tools and skills to address your unique situation. Every home buyer is different. Some have credit issues. Others …

Buying Rental Property – Avoid Seller’s Tricks

Be careful when buying rental property. We stayed at a motel for a week one winter. The bill showed twice what it should have, but since I already paid the correct amount in cash, I thought nothing of it. When we noticed that the lobby and swimming pool were unheated, we thought it was frugality. Only a year later, when …

Benefits of Flipping Real Estate

The obvious benefit and sought after benefit of flipping real estate is the profit. This is one incredibly tangible benefit, particularly when the profits are large and quick to come your way. Of course there are risks. Most ventures that offer high profit also come with a high degree of risk. Money, however, is not the only benefit that can …