Nowadays the internet is full of savvy scammers out to get your money. I’m sure you’ve heard horror stories of people sending money to what they thought was a legitimate landlord only to find out that they took the money and ran. These scammers generally...
Buyers often pursue short sales to get a good deal and believe buying a short sale will present that opportunity. With today's current market situation, short sale homes have become a great option for finding a home. There is a lot of unnecessary confusion with...
You may hear the term CAP Rate (CAP Rate = NOI ÷ Price) from time to time, especially when evaluating rental properties for sale. You may already know what it is, why it’s important and how to calculate it. But, do you know how...
Studies have shown that the average tenure for a resident at a rental home is nine months or less and this could be costly for your investment. Some specialists have estimated that it costs five times as much to re-rent a home as...
Last time mortgage interest rates were as low as they are now, you could buy a gallon of gas for 19 cents! You may have heard that “interest rates are historically low” and that it’s a great time to take advantage of it by buying a home, but what does that mean? Some of you may consider it mumbo jumbo jargon, but knowing what the interest rate is and what it means to you can be extremely helpful both now and for years to come.
ere we are in the last quarter of the year and the real estate market is looking great for investors looking to take advantage of record low interest rates and attractive prices! Sales edged down a little in the 3rd quarter coming off an increase in the 2nd quarter of 2010 (most likely due to the first time buyer tax credit).
You know the old saying: you can’t get something for nothing, right? Well, the Neighborhood Stabilization Program (NSP) says you can! This national program began giving away interest free money over a year ago, yet many people still haven’t heard of it.