Whether you are looking for a home of your very own, or are interested in creating a long term working relationship with a realtor for the purposes of property investment, it is very important that you find a realtor who will listen to your needs and wishes and act accordingly. The right realtor can mean all the difference in the world between a successful and profitable transaction, as well as many more in the future (if you plan on investing in multiple properties). Below are some important things to notice …
Are Home Inspections Really Necessary On Investment Properties?
One question that seems to be commonly asked among those who are interested in real estate investment, particularly in flipping properties, is whether or not a real estate inspection is really necessary. The long and short answer to that question is “Yes’, and here are the reasons why.
First of all, a real estate inspection is the act of having a qualified (and in many states, licensed) professional take a look around the property you are considering, and informing you of obvious and potential damage or problems with the property. …
Some Risks As Well As Rewards Of Investing In Foreclosures
There are many different things to invest in these days. One investment route which many individuals take is foreclosures. Foreclosures occur when the current homeowner of a property fails to pay their monthly mortgage, and the property is repossessed by the lender. There are various risks and rewards which go along with investments of this type.
Advantages and Disadvantages of Buying Pre-Foreclosure Properties
One type of property sale which relates to foreclosures is the pre-foreclosure sale. A pre-foreclosure sale occurs when the lender allows the homeowner with past due mortgage …