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The area, neighborhood and existing condition of the property will dictate if you should approach your next project as a flip–clean the property, make needed cosmetic repairs, refresh the appearance and put the home back on the market OR do a full rehab—replacing the infrastructure of the house such as furnace, boiler, plumbing, electrical panel and […]

When planning a rehab project, most investors think about the profit margin but most never give any serious thought to the downside. What is your exit strategy? How do you manage to sell a property that is sitting on the market for weeks? What happens, when you suddenly realize that a house requires more work […]

Flipping, renovating and remodeling… these three terms are often used interchangeably although each process is significantly different. Prospective buyers should be aware of the differences, especially when buying an old home that was renovated. If you are buying an old house that looks like it had been renovated, you should inspect the home in detail. […]

You can sell an inherited property if you are the sole owner and there exists a will that proves your ownership. However, if you don’t have a ‘valid will’, then the state laws will decide how the estate is distributed. For this purpose, it is necessary to appoint an executor, find the beneficiaries and distribute […]

If you are wondering, how short sales work, this article will address your concerns. In real estate terms, a short sale occurs when you buy or sell a house for less than the amount owed. Technically speaking, it sounds simple. The lender agrees to sell the property for less than the loan amount, but how […]

You don’t buy a house imagining someday it will end up in foreclosure. A beautiful home is built with dreams, but foreclosure can turn your dream into a dreadful experience. There are ways to save your home from foreclosure. Read this article to learn more. Sometimes, foreclosure seems to be the only option. You cannot […]

There were more than 5.5 million foreclosures after the recession of 2008. After the recession, we saw many homeowners turning to the bank for a short sale. The situation is improving. Last year, more than 675,000 homeowners in the US, gained equity in their homes which is a sign of improvement. Although short sales are […]

Disappointment and frustration are what we experience after we put a home for sale, and it does not sell. The expired listing is telling us that nobody showed interested in the property. Reasons Your Home Didn’t Sell Before the Listing Expired The home was priced well-above the Fair-Market-Value of the property. It is difficult to […]

It is called ‘dying intestate’ when a person leaves the physical world without a will. In the presence of a valid will, you can distribute the leftover estate as per the desire of the deceased person. However, what happens when there are no guidelines? You do not know how the deceased person wanted to distribute […]

Selling a vacant house is difficult for two reasons. First, the customers question why your home is unoccupied. Second, people are interested in purchasing a lifestyle. They are not looking for an empty house! When looking for a new house, most people will directly skip the vacant homes. Pictures of an empty home are not […]