16 05, 2022
  • Home Sales in January Jump Nearly 7 Percent, Economy Slows. 4 Key Things to Know

Home Sales in January Jump Nearly 7 Percent, Economy Slows. 4 Key Things to Know

By |2022-04-28T00:26:51-04:00May 16th, 2022|Categories: Potential Markets, Real Estate, Selling|Tags: , , |0 Comments

A February article published in The Balance, a website that centers on personal finance, reported that home sales in January rose sharply even as the U.S. economy slowed down. Here are four highlights to know. January's Home Sales Increase Surprises Forecasters Home sales rose 6.7 percent in January—a sharp increase from a 3.8 percent decline the previous month, and the highest annualized sales pace in a year. The rise came at the surprise of market forecasters who had anticipated a decline, according to the National Association of Realtors. January Saw the Lowest Home Inventory in Decades Amid persistently-low home inventory and

1 05, 2022
  • Should You Hire an Inspector if You’re Selling a Fixed-Up Property?

Should You Hire an Inspector if You’re Selling a Fixed-Up Property?

By |2022-04-27T18:59:40-04:00May 1st, 2022|Categories: Real Estate, Selling|Tags: , , |0 Comments

If you are an investor who fixes up properties to sell them, should you hire an inspector before you list a home for sale? This guide explains. Should You Hire an Inspector if You’re Selling a Fixed-Up Property? As an investor, you know how important it is to ensure that a property meets your needs before you purchase. It's the same with standard real estate buyers; they need to make sure there's nothing majorly wrong with a home before they pull the trigger on a purchase. Related: 3 huge mistakes many new REIs make Usually, buyers will send a home

22 02, 2022
  • Nashville Outpaces Nationwide Home Sales

Nashville Outpaces Nationwide Home Sales

By |2022-02-12T23:48:01-05:00February 22nd, 2022|Categories: Real Estate, Selling|Tags: |0 Comments

If you were expecting the housing market to have significantly slowed by now, you would be mistaken. So far this year home sales have remained red hot, due to a continued low inventory and high demand. January Home Sales Unseasonably High January has traditionally been one of the slowest months for sales in housing—usually the market gains steam in early February after Presidents Day weekend, says CNBC. But according to a January report from Realtor.com, the average home spent only 61 days on the market. That’s the fastest pace Realtor.com has recorded since it first started tracking this figure in

1 12, 2021

3 Design Choices That Could Make Your Flip Harder to Clean for Buyers

By |2021-11-30T19:22:45-05:00December 1st, 2021|Categories: Real Estate, Selling, Tips|Tags: , , , , , |0 Comments

You want your flip property to be as appealing as possible to buyers, so making the right design decisions is key. Certain choices, however, could make your flip more difficult for potential buyers to keep clean. Here are some of them. Overmount Farmhouse Sinks The modern farmhouse home style has enduring popularity, and farmhouse sinks are a feature that has transcended this style and found its way into many modern kitchen designs. While an undermount farmhouse sink sits beneath a countertop, an overmount one sits on top of the counter and the raised lip of the sink can cause soap scum

27 11, 2021
  • What Is a Tax Sale Property?

What Is a Tax Sale Property?

By |2021-11-14T00:46:02-05:00November 27th, 2021|Categories: Real Estate, Selling, Taxes|Tags: , , |0 Comments

Usually when you’re looking to purchase a house you don’t want one that has a tax lien, but such a home can be purchased through a tax sale. So how do tax sales work? There are two kinds of tax sale homes: a tax lien sale home and a tax deed sale home. Each involves homes that have unpaid property taxes. During a tax lien sale a lien is auctioned off to the highest bidder. That bidder then has the right to collect the lien, as well as interest, from the homeowner. If the homeowner can’t pay the lien the

22 10, 2021

7 Key Things to Know About the Current Housing Market 

By |2021-10-10T21:09:14-04:00October 22nd, 2021|Categories: Investment, New Homes, Real Estate, Realtors, Selling|Tags: , , , , , , |0 Comments

It's still stiff competition for homebuyers across the country as bidding wars and all-cash offers continue to price-out many in search of a new residence. In an article on current housing market conditions published by Bloomberg in late September, we found seven key takeaways and summarized them for you here. Key Takeaways Mortgage borrowers who can offer large down payments, telecommuters who can live and work from anywhere in the country, and all-cash offers from real estate investors have created the perfect storm for bidding wars—pricing-out many house hunters, and keeping renters from becoming owners. According to economists at Realtor.com,

6 09, 2021
  • Do You Need a Lawyer to Flip a House?

Do You Need a Lawyer to Flip a House?

By |2021-08-31T08:44:38-04:00September 6th, 2021|Categories: Selling|Tags: , |0 Comments

If you’re like many real estate investors who are just starting out, you’re likely wondering how you’ll cover all your bases when your first project is complete and ready to sell. But do you need to work with a real estate lawyer when you flip a house? This guide explains. Do You Need a Lawyer to Flip a House? As with anything else, you shouldn’t let anyone tell you that you do or don’t need an attorney. If you feel like you want to work with a real estate attorney to protect yourself (and your investment in the house you

22 07, 2021
  • 3 More Things to Consider Before Replacing the Garage Door of Your Flip

3 More Things to Consider Before Replacing the Garage Door of Your Flip

By |2021-07-21T00:22:08-04:00July 22nd, 2021|Categories: Flipping, Home Upgrades, How To, Selling|Tags: , , , |0 Comments

The garage door of your flip house has seen better days—several dents, dings, and scratches ago. It works well, but replacing it for aesthetics is a must before you go to put it on the market. Consider these three things, though, before you swap it out for a new one. Climate  If your flip is located in a part of the country that frequently receives hurricane-force winds, your new garage door must satisfy wind-load reinforcement requirements in order to prevent accidents. These requirements can be specific to each state, so you should refer to your local codes to make sure

16 07, 2021
  • 3 Things to Consider Before Replacing the Garage Door of Your Flip

3 Things to Consider Before Replacing the Garage Door of Your Flip

By |2021-07-13T19:20:58-04:00July 16th, 2021|Categories: Flipping, Home Upgrades, How To, Selling, Tips|Tags: , , , , |0 Comments

Most people replace their garage door because they don’t like the way it looks, or because it no longer works, or perhaps because they want to install an automatic door opener. As a house flipper, your reasons may be all of the above. Whatever your reason, consider these three things before you replace the garage door of your flip. It can bring a good return on investment According to Remodeling magazine, replacing your garage door can fetch a substantial return on investment—to the tune of almost 94 percent. It can also help improve the resale value of your property. A

11 07, 2021
  • How Can an Easement Affect Your Property Rights and Renovations?

How Can an Easement Affect Your Property Rights and Renovations?

By |2021-07-13T19:15:02-04:00July 11th, 2021|Categories: Flipping, Home Improvements, How To, Real Estate, Selling, Tips|Tags: , , |0 Comments

Sellers are legally required to report easements attached to their property, so you should be made aware if one exists on your prospective flip house by the time you have a purchase agreement, or even sooner. Examples of easements, and how they could affect your renovations If your potential flip house comes with an easement, you must abide by its rules. For instance, if you bought a property along a public beach, and it had an easement on your yard to allow neighbors to gain access to the beach, legally you would have to allow them passage. Along the same

Go to Top