11 Jul 2019
By Mortgage Blog Content

Making Money Buying Homes And More From Estate Sales

Real Estate
An estate sale is the sale of the property owned by a person after a person dies. This sale may include real property, such as a home, and personal property, such as the home's contents. There are two ways to buy property through an estate sale. One way is to buy it from the person who inherited the property. The other way is to buy it from the estate through the executor of the estate. The executor is the person with the legal authority to dispose of the estate's assets according to the last will and testament of the person who died. The executor of the estate may be working with…
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10 Jul 2019
By Mortgage Blog Content

3D Printing Used For Home Renovations And Construction

Real Estate
3D printing technology is a game-changer in the home construction business. Not only is the technology capable of printing a home, but it can also be used to print one at a much lower cost when compared to traditional home construction. All3DP reports on homes printed using 3D technology that costs as little as $4,000 to $10,000. Some are ready for occupancy within 24 hours. The $4,000 Home A company in Texas, called ICON, is working with NewStoryCharity.org to create 3D-printed homes at an extremely low cost. New Story Charity builds simple homes in other countries, like Haiti and El Salvador. They give these homes to very poor people who live…
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09 Jul 2019
By Mortgage Blog Content

Rent-To-Own Opportunities For Those With Bad Credit

Real Estate
For those who have less than a stellar credit history; yet, who still want to have their own home, a rent-to-own option is worth considering. A rent-to-own (RTO) agreement is a hybrid between buying a home and renting a home. Usually, RTO deals require a significant down payment that applies towards the home purchase. An RTO tenant/buyer gets the option to buy the home for a certain price at some date in the future. The down payment is lost if a tenant/buyer does not go forward with the home purchase. Another common characteristic of RTO deals is that a portion of the rent applies to the home purchase. The Pros Of…
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05 Jul 2019
By Mortgage Blog Content

How Color Can Affect Your Home and Psyche

Real Estate
Are you dreaming in color of your future new home? You probably can't wait to get your hands on a paintbrush and a bucket of beautiful new paint. But how will you choose the colors to decorate your new home? If you've been to a paint store recently, you know there are thousands upon thousands of shades to choose from. Choose wisely, because color can affect your home and psyche. Shades of Purple Whether you call it purple or eggplant or violet or plum, purple evokes feelings of warmth and vitality in a home. The dustier shades of plum are ideal for walls in the dining room, where taste buds are…
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03 Jul 2019
By Mortgage Blog Content

How To Turn A “Dumb” Home Into A Smart Home

Real Estate
Having a "smart home" is a trend that is popular. What does it actually mean? Smart home technology improves energy-efficiency, increases security, and creates more convenience for the home's occupants. Innovative smart home technology improves with the deployment of the Internet of Things (IoT), 5G wireless broadband, and the use of artificial intelligence (AI) programming. Many things that an owner and/or occupant of a home needs or wants may be done for them by smart home technology. Energy-Efficiency Green energy systems include installing energy-efficient windows and perhaps solar panels along with battery storage. Moreover, by managing micro-zones within a home, money is saved by not wasting it on heating or cooling…
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02 Jul 2019
By Mortgage Blog Content

4 Tips To Ensure A Successful Closing

Real Estate
As you come up to the date of your closing, there's time to reflect on everything that led to this step. Your real estate agent, mortgage broker, title company and others all work hard to ensure a successful closing for you. They're all in your corner, hoping for the same outcome as you. They've had to do a lot of work behind the scenes that you may not even be aware of. Their diligence and professionalism has already benefited you. But did you know that it's not all riding on your team of real estate professionals? There are things you can do to ensure a successful closing, too.  1. Bring Your…
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