The economy is trying to get back on its feet. A lot of people are still not sure whether they will buy or sell their home. Here are some tips if you find yourself in either situation: Tips for home buyers Location matters most Whether you are an investor or a first time home buyer, you need to remember that location is the most important factor. You will realize the big truth about this when you try to sell the property later on. A good move for example is to buy a condo unit near a university or access to public transport. Consider a condo The inventory of condo units...Read more of this article
The real estate market is starting to pick up. This means that the home buyers will be out of the sidelines again in the hunt for some properties. This leads to the scenario of having multiple offers for one property. If you are a buyer, you might be wondering how you should deal with the situation. Here are some steps you can try when your target property receives multiple offers: Do not over analyze You might find out thru the agent of the seller that there are other parties interested to purchase the house. There is no reason though to exert all of your efforts just...Read more of this article
When you apply for a loan to purchase a property, the lender considers the amount of your down payment to determine how much funds will be handed over. The down payment is a sign of commitment and also a guarantee that lessens the risk for the lender. Rule of thumb is that the more down payment you can get from your own cash, the better. Sources of funds A lot of borrowers do not have a big amount of cash on hand for their down payment. You can use the money you have set aside in your savings account, borrow money from relatives or friends, use your 401K, use your assets,...Read more of this article
A mortgage loan can help you to purchase a new home. Mortgage loans are typically taken out to make up the difference between a home’s purchase price and the cash that you have available to make a down payment. Many new homeowners are often eligible for first-time buyer loans, which pay the entire amount of the home purchased, without the need for a down payment. Understanding the basics of mortgage loans can help you to ensure that you choose the best loan for your new home. You should understand things such as interest rates and fees that are often charged on these...Read more of this article
What differentiates Las Vegas real estate regions from other developments in the rest of the country is the fact that most of the communities are planned and designed to fit the landscape. Remember that Las Vegas is situated in the Mojave Desert which is not exactly conducive to fine living. The temperatures are searing, the wind can be extremely strong, the dust whips all around creating havoc, and there is no water. Yet in spite of all of this, the people of Las Vegas and the surrounding regions have not only managed to inhabit the area but have gone to great lengths...Read more of this article
Are you the type who’s adventurous enough to live in a tower or a cave? If you’re bored of the cookie-cutter suburban home, you might want to take a look at these cool homes for sale. Cave House Selling for only $1.5 million dollars is this 3-room cave home which boasts of 3 (and a half) bathrooms and a 2.980 square feet sprawl. It’s located in Brisbee, Arizona, and is far from the danky cave image in your heads. The ceilings and walls have a rough, robust look to them, and are constructed from mortar and natural rocks. If you can accept the “natural” treatment...Read more of this article
Finding Estate Agents...
It's always a challenge finding good estate agents. In our in-depth guide, we help you make the right choices so you can sell (or buy) your property with ease! My tip: pick one with the right skill set, it's vital!