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In the simplest of terms, a home’s “market value” is based on the perception of the buyer…it is the amount of money the market is willing to pay for property.
The “appraised” value is the unbiased value of the property as determined by a bank or lending institution.
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Condominiums may appear to be the ideal way to purchase rental property, as their price is often lower than the price for a single family home. You may find a condominium unit which is in an ideal location, located near schools, work, and public transportation. The unit may be...
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The late-night television airways are full of “nothing down” stories. Are they true? And, if so, is it possible to buy real estate with “no money down.” Furthermore, does it make sense to buy real estate with no money down?
Everybody wants to buy real estate with no money...
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This is our personal favorite. The great thing about wholesaling real estate is that you don’t take ownership of that property. Once you have the property under contract, you assign the contract to another buyer who will close on the property in your place. It’s wonderful!...
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The real estate business is fraught with scams, fraud and unethical practices. As such, it is a highly-regulated business. As a real estate investor, you are treading on areas of law which you should be familiar. A good real estate attorney will help you along the way, but you...
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Key Questions to Ask Yourself and Lenders When Shopping for a Mortgage!
Traditional Fixed Rate Mortgage? Graduated-Payment Mortgage? Adjustable Rate Mortgage? FHA Mortgage? Two-Step Mortgage?
You are wondering which kind of mortgage is best. The answer: There is no one...
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