Is there more value in fixing up or moving on?
Should you stay or should you go? How do you tell if there’s more value for you in fixing up or moving on?
First, estimate your costs to buy a new home. Add up the home-selling and real-estate-agent costs (packing, moving and the new loan financing). Don’t forget hidden items. The buyer may ask you to replace the carpet before you sell. Or what if you have to
Say goodbye to the days when baking a batch of cookies and putting out fresh flowers before an open house would be enough to sell your home. In today’s market, it takes more than that to attract buyers, and frustrated home sellers are resorting to some unusual methods to get their homes noticed. From clever to downright bizarre, here are our top 10 unique home-selling tactics.
Hold an open house party
Open houses are the norm when selling
High inventory lets home buyers be pickier, demand more
We’re in the midst of a challenging home-sale market in many areas. However, soft markets can provide opportunities for some home sellers. The trick is to price your home right for today’s market.
The most difficult reality for most sellers to face is that prices in their neighborhood may have dropped during the last year or two. Some sellers will find that it may not make sense to sell
If you have missed fewer than three mortgage payments or are anticipating that you might have to miss them in a month or so because of life circumstances, put your smarts in action and implement this simple plan to avoid foreclosure. Don’t confuse simple with easy; avoiding foreclosure can take time, patience, money and effort, but if you save your home, it could be worth it!
If you have missed more than three mortgage payments and/or your lender
CT REIA goes to Washington, DC representing Connecticut Real Estate Investors & Apartment Owners
Over 60 National REIA leaders from across the country joined together to meet with our nation’s elected leaders! With over 50 meetings and two special presentations by Congressmen, the attendees were able to introduce National REIA’s strength in both numbers of small businesses, but also as an industry leader with extensive educational resources.
The National Real Estate Investors Association arranged a Day on the
When foreclosure looms, many homeowners try to sell their homes. For them, the goal is not just to get the home sold, but to do it quickly. Foreclosure rates are the highest in buyer’s markets, when homes take a longer than average time to sell. What’s a homeowner to do? Get aggressive, and get your home sold fast!
As a seller, you control the only three factors that influence whether your home sells quickly: pricing, marketing and condition.
Tips to stack the decks in your favor
Why would an impersonal institution — a mortgage bank — want to compromise with a homeowner who is behind on his payments? Well, some banks have more of a "compassionate personality" than others, but the bottom line is that it costs a bank up to $80,000 to foreclose on a home!
What Is a Workout?
A workout is a compromise between a lender and a homeowner who is in default
Foreclosure is far from the worst thing that could ever happen to you. If your home ends up in foreclosure, chances are there are lots of things you should thank your lucky stars for: your family, your health and your good looks. Foreclosure doesn’t mean you are irresponsible or not deserving of prosperity. It can be the result of an unwise decision, bad timing or unfortunate life events. Nevertheless, foreclosure and its first cousins, missed mortgage payments and
Mistakes Do Happen: A Look at Errors in Consumer Credit Reports
6/17/2004 – Source: U.S. PIRG, the federation of state Public Interest Research Groups (PIRGs)
The most valuable thing we have is our good name. The most common reflection of our reputation as a trustworthy consumer is our credit report. Unfortunately, the information contained in our credit reports, which are bought and sold daily to nearly anyone who requests and pays for them, does not always tell a
Thinking of upgrading rental properties, perhaps moving from single-family homes to multi-family buildings? Have no fear. While managing these complexes, whether they have six apartments or 60, can sometimes feel more like running a business than managing a real estate investment, many of the tax, landlord and general real estate investing rules that apply to single-family housing also apply to multi-family investments.
Purchasing: Obviously, the overall cost of a multi-family building or apartment complex is much higher than