Buying a home or a property is a long process and winning the financial battle is just another milestone in the process. Following are a few steps that you need to follow to make sure you get the best possible deal. Utilities – The attorney will need to send letters…
September 2009
The current property market is a buyers market, and you can easily find great homes that were not affordable before. But, what about the down payment? You can now buy a home by just putting 1% down. If you want to buy a home in Virginia and are a first…
Real estate investment deals can often be confusing, especially to someone who is new to the game. Property prices vary according to locale, rate of development and proximity to amenities. Therefore here are seven types of investment land. 1. Land for sale in huge cities is a great investment opportunity,…
A lease purchase agreements is an agreement that allows the lessee or tenant to purchase the property after the lease has expired. The price of the property is defined in the lease purchase agreement. A lease purchase agreement is often beneficial to both the tenant and the owner. Here are…
It’s unfortunate, but many unscrupulous people are using the current economic situation as an opportunity to make a quick buck off of unsuspecting people. One of the most common areas for fraud is with home insurance online. While most companies provide reputable services, there are some people who will hide…
Late rents are one of the most common problems faced by property owners. No matter how careful your screening process might be, there is still a chance you might pick a ‘late rent payer’. Importantly, don’t hang around waiting for your tenant to pay his rent. Make sure you carry…
One of the biggest mistakes potential buyers make is letting their emotions make the decision. However it is important to look at the practical aspects of buying a property, since they are long term, high value investments. Here are five valid reasons why you should back out of the transaction:…
Becoming a landlord is an option worth looking at if one is looking for a second source of income. Owning and managing a rental property is not an easy job. Landlord and tenant rights must be fully understood in order to make it work. Being a landlord comes with its…
A below market value property is a property owned by a distressed seller who has probably fallen behind on mortgage payments and is looking to sell the property as soon as possible, even at a loss. These sellers are keen on getting rid of their properties at a price that…