Author: cfanaro

What are the benefits/risks of owner financing on a home?

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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

Fixing Your House Vs Selling As-Is

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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

What To Do With Your Unwanted Inherited Property In New Orleans

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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

Trendy Home Renovations To Avoid

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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

Tips to keep your rental property ship shape!

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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

The Small Business Rent Crisis

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The COVID-19 pandemic, which had a substantial influence on the economy and the capacity of many small businesses to pay their rent, is to blame for the current rent problem that small company owners are currently experiencing. Additionally, landlords have had to raise rents to keep up with rising utility costs, property taxes, and insurance … Continued

1031 Exchanges And How They Work

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A 1031 exchange is a tax deferral strategy used in US real estate transactions. It allows a property owner to defer paying capital gains taxes on the sale of a property by “exchanging” it for another “like-kind” property. The property being sold must be a qualifying investment property, and the property being acquired must also … Continued

How can a professional home buyer help a motivated seller?

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Professional home buyers, also known as real estate investors, can help motivated sellers by offering a quick and hassle-free way to sell their property. Some common ways that home buyers can help motivated sellers include: Offering a cash offer: Home buyers who are able to pay cash for a property can close the sale quickly, … Continued

What Are Contingencies In A Real Estate Transaction?

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Contingencies are conditions that must be met before a real estate transaction can be completed. They are commonly used to protect buyers and sellers by providing a way to back out of the sale if certain conditions are not met. The pros of contingencies for buyers include the ability to back out of the sale … Continued

How Sellers Can Incentivize Potential Buyers In Today’s Market

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Selling a home is not nearly as easy as it was just a year ago. Houses were flying off the shelf with historically low interest rates. With increasing insurance premiums and interest rates double what they were a year ago, houses are taking longer to seller and we have transitioned from a sellers market to … Continued