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Realestate

Buying a house for the first time? Do's and don'ts

Buying a house for the first time? Do's and don'ts

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Factors to Consider When Listing Your Property

Factors to Consider When Listing Your Property

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How to renovate your house and attract a good purchase price

How to renovate your house and attract a good purchase price

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How to use mortgage loans in real estate investment

How to use mortgage loans in real estate investment

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The best apps and websites to use when searching for houses

The best apps and websites to use when searching for houses

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The current state of the real estate market

The current state of the real estate market

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The most important considerations for real estate investment

The most important considerations for real estate investment

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Tips for setting up your house for viewing (open house)

Tips for setting up your house for viewing (open house)

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When is the best time to list your property?

When is the best time to list your property?

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Faster and easier. How to relocate efficiently

In our lives, we have all relocated or will relocate several times. Moving with furniture, family, and perhaps pets is not an easy task. Moving effici

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Buy and sell. How to conduct a property valuation

Buy and sell. How to conduct a property valuation

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Is it better to buy a house now or later

Whether to purchase a house or not is a common question most homeowners struggle to answer. Owning a home is a repurchase lifetime investment, and you should not stress yourself thinking about it. Most people often wait for the perfect timing, especially the market value. Don’t hesitate, just buy it. Timing the market or not, the main concern which comes down to buying a house is the state of your finances.

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Refinancing an investment property; steps to take

A high-interest rate on your rental property is a sign of reinvesting your property. Paying a mortgage in high installments over a long period can be exhausting. Refinancing property helps lower your interest rate with lower installments over a long period. The refinancing property might involve strict requirements and the right documentation to qualify for a loan.

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Do you need a bridge loan?

Bridge loan offers financial assistance between the time you buy a new house and the time you sell your current house. A bridge loan is a financial aid meant to provide the money you need until another source of funds becomes available. It allows homeowners to build or buy a home before selling the current one. Also referred to as the swing loan, it is meant to be paid over a short period and may not require immediate payment.-It offers buyers the opportunity to make a down payment with the loan before selling their home.

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Explaining mortgage closing costs

Owning a mortgage isn't easy, especially for those who have owned one. You have to go through third parties such as a mortgage lender, and real estate closing costs are the charges in addition to the purchase price of the property involved in closing a real estate transaction. Before the purchase is completed, the costs must be disclosed between the buyer and the seller. Closing costs range from, Real estate commission, Insurance premium, taxes, and origination and mortgage fees.

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How to value a rental property in real estate

Real estate investors have their way of property value. Their main goal of property valuation is to increase the value over time, monthly or yearly, to attract buyers and tenants. Homeowners value property differently from investors, so their property has to stay top-notch in the competitive market.

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Qualities of a good rental property

Rental properties are a source of fortune if well invested in. A good rental property should consist of the major must be of good condition at a prime location suited with the right amenities for the comfort of its tenants. Many tenants consider a lot before settling down. They want to ensure their comfort and security come first. Investors and homeowners should therefore keep their houses in the most desired conditions to win tenants' hearts.

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Short Sale vs. Foreclosure

Short sales and foreclosures are the main options available to homeowners when they get behind on their mortgage payments or if their mortgage is underwater (not worth what they owe on their mortgage). Regardless of the situation, the owner must part with their home. Still, the timeline and other outcomes are different, so it is important to understand the advantages and disadvantages of each option.

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Purchasing real estate outside your state

Are you planning to purchase property outside your state? Buying property in a different state is as easy as buying any other property. With many families contemplating moving daily, you might think of rental properties or vocational homes.

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How to make your house a rental property

Renting your property is great if you don’t want to let it into the market. Most homeowners venture into real estate by renting out their space. It is a good way to learn how the industry works and also a way to collect a fortune.

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