Purchasing a foreclosure can be a great opportunity to secure a property for a decent price. And while this may sound like a great deal, it’s important to be aware of some potential issues or problems you may face, as well as what you can do to help mitigate your risks. To help highlight some of the areas where investors and buyers can
Real Estate
The odds that you rent your home are a little greater than one in three. Of course, some readers may own their property outright or be paying a mortgage, but the number of renters has climbed in recent years to the point where more U.S. households are renting than ever before. A 2016 report from
Torn dollar with REIT (Real Estate Investment Trust) paper message Getty Here’s a quick quiz for you: an imperative multiple-choice, single-question test that you can refuse to take. Though it might be to your detriment. If it’s any consolation, there’s no immediate penalty for answering wrong. It’s only if you forget the correct answer later
Recently, California’s State Assembly passed a statewide rent control bill for all apartment units built more than 15 years ago. The Tenant Protection Act of 2019 (AB 1482) is, as of this writing, expected to be signed into law by Governor Gavin Newsom and will place a cap on annual rental increases of 5% plus
Low Down Payment sign lettering. Getty First time home buyers can put as little as 3% down and get conventional financing (no longer confined to the FHA only box). And there are no prohibitive restrictions; in fact if two people are buying a home, only one of them need be a first time buyer. Standard
Experts predict mortgage rates will stay low for the foreseeable future. Getty Mortgage rates logged their lowest monthly average in over three years last month, and it seems it wasn’t just a blip on the radar. According to three industry forecasts, the trend toward low mortgage rates, slowing home price growth and increased housing construction
The famous Champs Elysees avenue in Paris with the Arc de Triomphe at the top. Getty It’s a new record price for real estate in what’s known as “the most beautiful avenue in the world:” A building located at 79, avenue des Champs Elysées, with an area estimated at 7,700 square meters (83,000 square feet),
The mansion originally belonged to one of Britain’s first millionaire bankers, Henry Barnett, founder of Lloyds Bank. BRUCE THOMAS – YAMYAM A seven-bedroom mansion that was once the home of the founder of Lloyds Bank has just hit the market with a £22.5 million ($29.4 million) price tag. The house at 100 Hamilton Terrace in
Nashville, considered a leading 18-hour city, moved up to number three overall in real estate prospects from fifth place a year ago, although it slipped from first to fourth place in the home building outlook. Adobe Stock The Urban Land Institute and PwC have just released the real estate industry’s widely anticipated industry forecast, Emerging
In this Tuesday, April 16, 2019, photo, an apartment building under construction nears completion in downtown Orlando, Fla. (AP Photo/John Raoux) ASSOCIATED PRESS Apartment construction was expected to peak in 2016/2017 according to many industry watchers and participants, but evidently the market didn’t get the memo. It seemed like the boom in rental apartment buildings
In a strong market it’s possible to sell almost anything. Great properties are snapped up quickly in bidding wars. Less than perfect properties can move fairly easily when there’s high demand too. When the market is strong you’re closing deals nearly every day, and life is great! But when there’s a shift, all of this
I work with many types of real estate investors — people who want to buy their first investment properties, investors who want to grow their property portfolios and first-time homebuyers who realize that even their homes are investments in their financial futures. My conversations with these investors have revealed the following as eight of the
Share to facebook Share to twitter Share to linkedin SoftBank Group founder, Chairman and CEO Masayoshi Son. NurPhoto via Getty Images Topline: As WeWork’s biggest shareholder, SoftBank has been under scrutiny for its backing of the troubled office-sharing startup, but a recent report suggests that for it profit off its investment, WeWork would need a
A 165-acre island in the United States Virgin Islands that neighbors Epstein’s “pedophile island” Small Saint James (pictured), was sold for $22.5 million to an offshore company in 2016. (AP Photo/Gianfranco Gaglione) ASSOCIATED PRESS Jeffrey Epstein allegedly bought a second private island in the Caribbean using an unaware Dubai businessman as a front man to
Digital mortgage solutions are reducing discrimination in mortgage lending. Getty Digital mortgage solutions are doing more than just adding convenience for borrowers. According to a new study, they’re also reducing discrimination against minorities — as well as the interest rates they receive as a result. “Consumer-lending Discrimination in the FinTech Era,” a study from the
Arne Jacobsen’s Egg chair in buff leather, designed in 1958. From Design & Decoration ($3,500). … [+] February 21, 1988. (Photo by Thomas/Fairfax Media via Getty Images). Fairfax Media via Getty Images While furniture trends come and go, some things remain popular for decades. The Egg chair is a great example of a style that
Aerial Miami luxury waterfront homes Getty Lendingtree.com recently completed a study to see where people are moving to these days. They used IRS data from 2016 for the results. The front runner and winner by far is the sunshine state of Florida. According to the study, “people who moved to Florida brought in a combined adjusted
Two houses have separate driveways and waterfront footage. The second house was designed to … [+] replicate the 1888 original. Gavin Zeigler Gin Lane in Southampton is one of the world’s most famous addresses. Currently for sale on Gin Lane is one of the three most expensive listings for sale in the Hamptons. A rare
Female Hands Holding Smart Phone Displaying Photo of For Sale Real Estate Sign and House Behind. Getty According to a report from the National Association of Realtors, just 28% of properties are staged prior to going on the market. The same report stated that home staging can make a real impact on the seller’s bottom line revealing
Aerial view of houses on the Hollywood Hills in Los Angeles, California, USA. Getty Some of the hottest reality shows today focus on luxury real estate in Los Angeles. Showcased are both multi-million dollar properties and the successful agents who sell them. In Los Angeles where there are likely more luxury real estate agents per