Published December 21, 2013
When selling a home, the ability of the buyer to obtain a mortgage is a critical factor many sellers are required to consider. Once you accept an offer and your property goes ‘under contract,’ you miss out on additional interested parties. If the buyer’s loan falls through for any reason—perhaps because the appraiser undervalues the home—it’s all too common to find yourself right back at the beginning, having lost perhaps the best part of the selling season.
An all cash offers in Real Estate removes the risk of such hassles. Without a mortgage involved, less can go wrong—financially at least—before closing. But be alert because an all cash offers may have hidden catches.
Continue reading →
Published October 23, 2013
Real estate investing is attractive as property values are increasing, yet remain substantially less than their 2006 peak in many parts of the country.
Couple affordable prices and mortgage interest rates that are still quite low by historical standards and real estate investing can be an attractive investment option for many entrepreneurial Americans. However, if you are thinking about joining the landlord throng, it’s important to avoid these costly “newbie” mistakes.
Continue reading →
