A tax sale is a public auction of properties that have delinquent property taxes. In other words, the owners have failed to pay their property taxes. In this type of sale, the government or municipality that collects property taxes will sell the property to recover the unpaid taxes. This article will discuss how tax sales … Continued
Cash out refinances can be beneficial if you have accumulated equity in your home. There are things to consider when thinking about the idea. Here are the pros and cons of cash out refinances: Cash-Out Refinance Pros: Access to Equity: Cash-out refi’s allow you to draw on the equity that has grown in your house to … Continued
A rent-to-own home is a type of arrangement in which a tenant rents a property for a certain period of time, with the option to purchase the property at the end of the rental period. The process typically involves the tenant paying an option fee or option deposit, which gives them the right to purchase … Continued
Anyone who knows anything about real estate knows that the ultimate goal is passive income through rental properties. Financial freedom, time with your family, vacations without worrying about all the work piling up when you get back! Whether it’s a duplex around the corner or a New York City skyscraper, someone owns it with the … Continued
A REIT, or Real Estate Investment Trust, is a type of company that owns and operates income-generating real estate properties such as apartments, office buildings, shopping centers, and warehouses. Investing in a REIT allows individuals to invest in real estate without the hassle of managing properties themselves. REITs pool money from investors and use that … Continued
For some homebuyers, obtaining financing from a traditional lender may not be an option due to a variety of reasons such as poor credit history, lack of a steady income or a high level of debt. In such cases, the seller of the property may offer to finance the sale themselves through a process known … Continued
Selling a house can be a complicated and time-consuming process, especially when it comes to determining whether to fix it up or sell it as-is. Even if the work is minor, the headache and hassle can be major. With all the show on TV about renovating houses it is very tempting to want to get … Continued
A very popular item that is inherited and frequently unwanted is real estate property. When family members or close friends pass on, they will their property holdings to their next of kin or people who meant a lot to them. This leaves you, the recipient, responsible for property upkeep, possible landlord duties, property taxes and … Continued
Home renovations can be an exciting idea, especially with all the media and TV hype. Be careful when going for trendy renovation ideas, as they can be hot now, but may not last for long or may be too much to handle later on. Here are a few examples of projects to avoid: Overly expensive … Continued
here are a few key things a landlord can do to help prevent damage to a rental property and keep it in the best shape possible. Maintenance must be performed on a regular basis to prevent some types of property damage. This entails routine checks of the roof, gutters, and pipes to make sure they … Continued
