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Showing posts with the label residential

6 must-have features for your next home

What's missing from your current home? Storage space? Decent parking? Privacy? There's no such thing as too much storage No one ever walked out of an open house thinking, "Nice place, but too many closets."  Visually strip away the furniture in a for-sale home and place your furniture and belongings. Or simply measure -- both the rooms and the closets -- and compare it to what you have now.  Ditto for kitchen cupboards, pantries and counter space. Those counter tops may look spacious until you get out all of your kitchen toys and discover there's not enough room, he says. Really look at a kitchen in terms of what you need when you cook to make sure the home offers the counter space you need. Test the commute BEFORE you commit You're only 15 miles from work. How long is that in traffic time?  Try the commute a few times, driving both ways, before you buy, at the times you would be normally commuting.  How well will you "fit in" with the ne...

New Strategies for Single Family Home "Flippers"

A few years ago, flipping houses was the rage in Real Estate Investing. "Reality" TV and Real Estate Investing book "Guru's" had thousands of people getting into flipping houses. Good news for the Real Estate industry - large inventories of houses were reduced and prices started increasing again. Bad news for Flippers - large inventories of houses were reduced and prices started increasing again. People are recovering and have money to start their real estate investing but it is not as easy as it used to be to find the bargain properties. This is the next niche to be discussed in a series dedicated to educating new and seasoned Investors about some of the new strategies in Property Investment. Discounted Bank Notes: Financial institutions are willing to sell the mortgages or notes at a discount rate in some cases. Notes can be performing or nonperforming and both have different strategies, Financial institutions sell these notes rather than going through th...