Did you know not every change you make to your home adds value? Even expensive remodels do not always pull their weight in terms of value. A common remodel many people put a lot of weight in is the basement remodel. They assume a finished basement adds value to a home. In many cases, it does add Read more
What Does After Repair Value Mean?
Investing in real estate often means purchasing properties that need some fixing up. Unless you have a constant cash flow you can invest in the homes, chances are you need to borrow the money. This is possible with both the FHA 203(K) loan and the Fannie Mae HomeStyle loan. In order to pay either Read more
Is Cash the Only Way to Buy a Foreclosure Property?
Today, there are many properties available to purchase. You have your standard “For Sale by Owner,” “For Sale by Realtor,” and the foreclosure property. You might think that the purchasing of a foreclosure works completely differently from any other purchase, but it doesn’t. Yes, there are some Read more
Is an As-Is Purchase a Good Idea?
There are several different ways to bid on a home. One common way many sellers have gone about it lately is selling their home “as-is.” This means the buyer agrees to purchase the home in its current condition. This condition could be good or bad. Basically, the seller states he is not going to Read more
