Month: May 2024
5 Major Mindset Adjustments When Renting Vs Home-Owning
Renting typically requires minimal effort, but as a homeowner you will invest blood, sweat, and tears into your home. In fact, the mentality between you as a renter and you as an owner will vary significantly more than you are probably expecting. Saving Becomes a Priority You probably did a good job of saving as
How To Buy The Best Real Estate Property For Investment
Many people are looking to buy a real estate property. They can use this as an investment or as a place to build a house. In any case, it is important for anyone to realize the importance of some buying tips. This way, you can easily get the most value out of your purchase. Of
The Three “Rs” of Real Estate Investing
Expert real estate investors, Rick McKinnon and Leslie Quinsay, have a property portfolio that proves anyone can still make a fortune by investing in real estate. McKinnon’s and Quinsay’s new book, R3: Real People with Real Strategies for Real-Estate Investing: Developing the Mindset for Success, explains their strategy in words that even a layman can
Tips on Marketing a Luxury Home
When thinking of luxury real estate you can expect to pay more than five hundred thousand dollars for a home. With the economic recession behind us, the market for luxury homes is booming once again. The market is now getting the benefit of the rising income levels of people along with their desire to own
How to Sell Your House Yourself Easily?
Selling the house put people in a dilemma whether they should hire a real estate agent or not? Well, if you are capable of selling your house on your own then why hire a real estate agent with whom you have to share your profit. Usually, property owners are expected to pay 5% to 7%
Real Estate Investing in a Down Market
Don’t worry about the news reports. Forget about the doom and gloom forecasts. There is no better time to invest in real estate then …Right Now, you just have to do it properly. Here’s the problem, too many investors try to stick to one ridge investment strategy. Sure, if the market never changes and all
Cyprus Investment Property – Investing In The Island Of Aphrodite
For over 10,000 years, Cyprus has seen civilizations come and go. The likes of everyone from Alexander the Great to Cleopatra have staked their claim but it’s the British property investor who is leading the latest invasion. An estimated 60,000 Britons own a second home on the island, attracted by a standard of living comparable
Foreclosure Real Estate Purchase Contract – What to Expect
A foreclosed home is one in which the home owner was unable to pay his home loan so that the lender took over home ownership through the foreclosure process. These bank owned properties are also known as REOs (real estate owned). The process in Arizona is similar to that in other states and will be
Will This New Stimulus Plan Help the Housing Market in the USA?
The housing market turmoil has played a pivotal role in the economic and credit mayhem that spread across U.S. and worldwide, with countless number of U.S. homeowners saddled with mortgages they are unable to pay. If one were to compare the reason for recession of the economy with that during the Great Depression, one could
Why More People Are Renting Instead of Buying
There are a lot of people renting nowadays, but it is not just a coincidence either. Believe it or not, there are a lot of legitimate reasons to rent, especially in markets like the Michigan housing market… enough, in fact, to really raise the question “is it actually better to buy or to rent?”. Well,
Investing in Canadian Real Estate
There once was a time where the world did not think much of Canada. It was the backwater of North America, a simple piece of landmass that was known best as the 51st state. Times have changed, and Canada has moved from being on the periphery to taking centre stage. The events of the last
What Is the Difference Between Land and a Lot?
The terms “lot” and “land” may be quite similar, but in the realm of construction, there are huge dissimilarities. First of all, all lots can be considered land but not all pieces of land can be considered lots. And here are the definitions: The lot is a property ready for building a house. It usually
Proof of Funds for Commercial Real Estate Investors
Creative Financing When a Commercial Real Estate Investor is looking to purchase income producing property utilizing any number of creative financing methods, one of the most important keys to their success is that their ability to provide adequate, verifiable proof of funds – P.O.F.- to both the seller and the lender. The verification of funds
Powerlines, Property Owners, Public Utilities and The Power of Eminent Domain
In the old days, railroad agents had the responsibility of buying up land from the Native Americans for right of ways upon which they could build their tracks. One story tells of a rather shrewd Chief who understood the situation well. This Chief was approached by a railroad agent who offered to buy a particularly