29 Aug 2019
By Mortgage Blog Content

Join Or Create A Real Estate Investors’ Pool For Fun And Profit

Real Estate
Many baby boomers are reaching retirement age. If they set up their financial planning well, while younger, they should have accumulated enough wealth to have some discretionary money available for making investments. Others, who may be just starting out, have some investment capital but not necessarily enough to buy a piece of commercial real estate on their own. These investors might enjoy a real estate investment pool, also called an investors' club. Pooling Resources One way to get some investment participation in real estate is to pool investment funds needed to have enough for the down payment on a piece of real estate. For example, if the down payment for acquiring…
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27 Aug 2019
By Mortgage Blog Content

Should You Relocate A House To Improve Its Value?

Real Estate
What can be done with a house that is just perfect but it is in a bad neighborhood or a dangerous spot? Think about homes that are in decent condition; yet, too close to the water. America is experiencing flooding now that is not supposed to happen in 500 years. That cute little beach bungalow could easily get wiped out in the next hurricane. It might be time to think about moving those homes to a safer area or higher ground. The International Association of Structural Movers says that around 8,000 homes are moved each year in America. Relocation may be due to hazards, such as the erosion of an oceanfront…
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23 Aug 2019
By Mortgage Blog Content

Tips On Making Friends In Your New Neighborhood

Real Estate
It's often harder to make friends as an adult than it is when you're a child. It's even more challenging to make adult friends when you move into a new neighborhood. You may feel like people already have their own group of friends and aren't looking to include newcomers. Of course, that's just an illusion. Here are some easy ways to implement tips for making friends in your new neighborhood. Put Out The Welcome Mat Make your front door inviting to the neighbors. Place some cheery flower pots near the porch and buy a nice welcome mat for the front door. Be sure to put fresh light bulbs in the porch…
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22 Aug 2019
By Mortgage Blog Content

How To Maximize The Resale Value Of Your Home

Real Estate
There are a few things to consider, when selling a home, that will help you maximize your potential for a better sales price. Seasoned real estate professionals are one of your best resources for these tips. The Buyer's First Impression Is Emotional The first goal is to improve the buyer's first impression when they see photos or a video of the home, do a drive-by, or make an appointment to view the home. Work with a real estate agent on staging the home and pay particular attention to curb appeal. Staging means that a home has no clutter. Remove any personal items (family photos, toys, pets, etc.). Make closets less than…
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21 Aug 2019
By Mortgage Blog Content

What Are The Pros And Cons Of Covenants, Codes and Restrictions?

Real Estate
There is a joke about gated communities that says the walls are not just there to keep the people out but to keep the residents in. Living in a gated community that is subject to the rules of a homeowners' association (HOA) can be a pleasant or a severely irritating experience, depending on the perspective a homeowner has about lifestyles. The Good, Bad, And Ugly About CC&Rs Gated and master-planned communities may have an HOA and also may have covenants, conditions, and restrictions (CC&Rs) that are part of the property rights (or lack thereof) that a home buyer accepts when they buy a property in those neighborhoods. The developer records a…
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20 Aug 2019
By Mortgage Blog Content

Boom Or Bubble? – Home Prices Hit Record Highs Across America

Real Estate
The rapidly rising home prices currently found in many parts of the United States make it seem like the Great Recession of 2008 never happened. It took approximately eight years for home prices to recover the values that were equivalent to those they had before the recession. After reaching this point of recovery, since around 2016, real estate prices have been going up very quickly in many cities. The Best Recovered Housing Markets Here are the fully-recovered housing markets analyzed by ATTOM data service for the second quarter of 2019 that have exceeded the peak valuations from before the recession. This list of winners shows the percentage that they are now…
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