A great way to make extra money is to rent out a room in your home. Renting out a room can be a sensible choice if you want to reduce your debt, save money for a significant purchase, or just have some extra cash on hand. However, there are a few things to think about …
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Tips for Making an Offer for an Off-Market Property
Purchasing an off-market property, also known as a “pocket listing,” can be an attractive option for buyers looking to avoid the competition and stress of the traditional real estate market. Off-market properties are not listed on the multiple listing service (MLS) and are typically only available to a select group of potential buyers. If you …
Top 5 Biggest Threats to the Housing Market in 2023
It’s critical to remember that these threats frequently overlap, is not singular, and can change depending on the setting and context. Policies and rules that support accessibility, affordability, and diversity in the housing market are essential if we are to reduce these risks. Homeowners and buyers can make better decisions if they have a solid …
Real Estate Agents Wish You Knew These 4 Things Before Buying a House
Real Estate Agents Wish You Knew These 4 Things Before Buying a House Buying a house isn’t as easy as many online articles make it seem. There is definitely more money, though, and prep work that goes into buying real estate and being a homeowner. Buying a house is not something people do every day, …
This is How Much It REALLY Cost to Sell a House in 2022 (VIDEO)
This is How Much It REALLY Cost to Sell a House in 2022 (VIDEO) Selling a house during COVID-19 only changed a few things. Getting a job offer in another state or city can be quite a very exciting time. Most often the largest issue with relocating is selling your home fast in order to …
Top 6 Low-Cost Home Improvements That Have High 'Return on Investment' (ROI)
Return on Investment (ROI) is what the majority of homeowners want when doing home improvements. Return on Investment is a big deal to most because it increases the property’s value drastically while giving the homeowners the opportunity to resell for a higher price or take a second mortgage on the property sooner. The most common way …
12 Shocking Costs When Closing on a Home Purchase
Closing on a home, also known as “settlement,” refers to the process of completing the sale of a property and transferring ownership from the seller to the buyer. This process typically involves signing a number of documents and paying any remaining fees or costs associated with the sale. The closing process typically begins after the …
Real Estate Facts, Study Sets, and Exam Questions
Real Estate Facts, Study Sets, and Exam Questions How well do you know Real Estate? Here are some fun Real Estate facts 1. Upon acceptance of an offer, the time it takes to close/perform on the contract and take possession is typically 30-45 days. 2. Covenants of a property may restrict you in many ways, …
New Tax Plan is Causing Home Loans to Become Less Available and Home Prices to Rise Due to a Severe Shortage of Homes for Sale
With this new tax plan, there is good and bad news for first-time homebuyers! Housing prices are down for those buyers out there shopping for a home before the Holiday Season. “The median prices of an existing home (ie. previously lived in) fell 0.24% from September to $247,000 in October”, according to the most recent …
San Francisco landlord raised rent by an additional $4,800 a month, tenants are fighting back
San Francisco landlord raised the rent by an additional $4,800 a month, tenants are fighting back San Francisco is definitely not the city where renters find cheap rent but when the landlord of a Sunset neighborhood of San Francisco raised the rent by an additional $4,800, Paul Kelly and Danielle Phillips were shocked to find …
How Does House Flipping Work?
We’ve seen TV shows where people buy a house for dirt cheap and renovate it and flip it, but how does house flipping really work? House Flipping: What Real Estate Agents Won’t Tell You House flipping is essentially buying a house or property with the intent to sell it for a profit, says the Local Records …