News, Events, Tips and Resources
If you understand and follow the basic principle of
“Cash is King” you can change your life forever. Your life will be less
stressful financially and you will be taking your first major step toward
“financial peace of mind”.
The biggest problem is that we live in a world of
plastic and for all practical purposes we do not respect or understand the
value of cash.
The growing demand for various types loan has led to the increase in the population of lenders in the country. Other than Banks and forms of financial institutions there are private lenders and mortgage brokers. What are the guidelines that a borrower should follow while choosing a lender? The choice of a lender must be such that the borrower gets the best deal while not being cheated. Other than the various acts and rules that the Government has imposed along with the respective state laws, there are certain methods by which a borrower chooses his lender.
Read more here....
As you should already know, a home inspection is a key part of the real estate process. Of course, your home inspection is only as good as your home inspector.
Finding a Qualified Home Inspector
If you are considering buying a property, you absolutely
must get a home inspection. What most people don’t realize, however, is it can
also be valuable to retain one before you sell a property to identify any
problems before your accept an offer. Fixing such problems before hand makes a
lot more sense than panicking in the middle of escrow. Read more here....
Getting married is the greatest day for 50 percent of couples. The other 50 percent get divorced. Perhaps the marriage tax penalty has something to do with it.
?Family Values – Hardly
?For all the talk from politicians about family values, it is ironic that the tax code actually penalizes people for getting married. At its heart, the tax code is designed to modify behavior. Deductions and credits are given in areas the politicians wish to promote and taken away in areas considered less positive. Home ownership is viewed as a good thing, so mortgage interest is deductible. Cigarettes are bad, so they are taxed like no tomorrow. If you buy this argument, one must wonder why married couples suffer under the tax code. Read more here....
Financing for commercial real estate is a completely different game when compared to residential mortgage loans. It moves much faster and is much more flexible.
With the recent number of foreclosure happening all around the nation, homeowners from around the United States are looking for effective ways to avoid this whole fixating situation. Moreover, it is not just the homeowners who are affected by this trying situation of foreclosure, but also the lender organization has to bear a lot of trouble due to these unfortunate, yet in most cases inevitable, situation. Although the consciousness is still not so overtly acclaimed as yet, there are ways to combat situations like these, an assured one of which is short sale of the property under question. Read more here....
You've bought a house, a fixer-upper you can make some money on. What improvements and repairs should you make? First of all, you need to know this before you buy, as I explained in another article. Before and after you buy, though, you need to have some simple rules with which to start analyzing possible fixes. Learn more here....
Buying real estate can start with a look in the newspaper, a visit to a broker, or a search online. These are all good ways to find your next investment property. You're looking at the same properties as every other investor, of course, so it's not always easy to beat the competition to a great buy.
Read more here....