Can’t afford to invest in real estate by yourself? That doesn’t mean you can’t invest at all. You can still own property by entering into an arrangement known as a tenancy in common (TIC). In a TIC, you’ll split ownership of a property with other investors. You’ll own a fractional share of the property, and as the property appreciates in...
The very nature of rentals means there may be times when a property lays dormant throughout the year. So, ensuring safety is paramount. Here are some tips to help you do so. Windows This is one of the most vulnerable areas of a property, especially windows on the ground floor. Modern UPVC has key locks. Ensure that the keys are available when you let the property and remind your...
For most of us, our home is our most significant asset. We have been dutifully paying down the mortgage for years, but now it is time to get out and see the world, experience life and feel invigorated once again. When you plan to travel the world, selling your home might seem like the most straightforward way to finance your dream trip; however, we encourage you to...
Natural disasters are known to wreak havoc on buildings and properties. Such widespread destruction, especially on homes and personal property, significantly impacts mortgage servicing. With the increase in wildfires, floods, and hurricanes incidences over the past 10 years, mortgage lenders have all the reasons to be concerned. As such, lenders and servicers offering loans in natural disaster-prone...
Not everybody needs to live in a house. It seems like a natural progression when you are ready to buy your own place that you get a big house in the suburbs. Yet, that isn’t the best choice for everybody. A house is a big responsibility and can be quite expensive to maintain. Also, lifestyle plays a big part in what type of housing you live in. If you are...
When you are trying to sell your home, it is important to be upfront and honest about everything that the buyer needs to know. This includes situations like if there has been recent flooding in the area or if there has been a death in or near the house. There are many other things that you need to disclose when selling your home, but these four will get you started with...
Real estate is a competitive and continually growing market with huge investment opportunities. Before putting all your savings into real estate, consider the property's location, valuation, investment purpose and horizon, expected cash flows, and revenues. Decide whether to invest in an existing property or new construction. Consider your credit score as it affects your mortgage...
If you're planning on selling your home, it's important to make sure that everything is in working order before listing it. One of the most important systems that need to be checked is the HVAC system. Six things should be inspected or fixed by a heating and air conditioning repair north Las Vegas company before listing a home for sale: air filters, thermostat settings, heating and cooling...
Nowadays, it seems like most people devote more time to choosing a vehicle to purchase, planning a summer vacation, and even selecting a place to eat dinner than they do to estate planning—determining who will inherit their assets well after they’re gone. Even though this matter is not as fun to do, without proper estate planning, you can’t really choose...
May it be a new home that you just got or you are simply preparing your existing home for your new lifestyle, there is a high chance that you may overspend if you don’t know enough. This is most especially if you are planning on going for big and extreme changes. The thing is, even though you’re aware of how costly renovation is, it doesn’t mean that you have to...
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