If a seller is looking to bypass the median length of time on market before his/her home sells, then the following marketing tips and techniques should be implemented. Curb Appeal – The value of this important marketing aspect is often overlooked. However, many potential buyers find a house online they are interested in and do…
Buying a fixer-upper isn’t always a great investment. For example, consider the 1986 movie, “The Money Pit,” where Shelley Long and Tom Hanks purchase a dilapidated home that offers nothing but financial horrors. If the right fixer-upper is chosen, these homes offer significant returns for investors. However, if it ends up being the wrong property,…
Real estate investors everywhere are rejoicing, as the latest news is that the U.S. is experiencing a much-needed real estate rebound. After years of experiencing a substantial slump, reports are beginning to look positive, as real estate inventory is decreasing and prices are increasing. This much-needed boost will have an overall trickle down effect on…
As homebuilders’ confidence begins to increase, many builders are faithfully claiming that the housing market is back and hotter than ever. In June, the National Association of Home Builder’s index rated 52, a seven-year high. A score of 50 simply means that more homebuilders believe the real estate market is positive than negative. Posting gains…
The U.S. Department of Housing and Urban Development (HUD) released plans to close 16 field offices. For Americans that seek in-person assistance from housing authorities, June was a devastating month. The offices set for foreclosure are located in areas that have a higher concentration of foreclosures, meaning services are more readily required and needed. While…
As home sales continue to increase, real estate experts are expressing concern about this sudden surge. The National Association of Realtors® warns that if new homes supply doesn’t increase by 50-percent, the U.S. may be facing yet another housing bubble. Housing becomes unaffordable when two key market conditions occur: supply simply can’t meet the demand…
Strategically pricing a home is necessary for maximum home seller profits. Today, experts are seeing an increase in bidding wars and are advising sellers to list their homes at approximately 10-percent below the market’s current values. In return, this is helping sellers gain a 10-percent profit over current home values. While bidding wars are beneficial…
Every year “Money” releases their top list of best small towns and cities in America. This year the list includes the following top 10: Carmel, Indiana – This quiet town has transformed into one that focuses on combining play and work. Offering easy commute times, their business district features the second highest concentration of office…
The world of mortgages can seem overwhelming and daunting. Fortunately, My Hard Money Lenders highlights key mortgage questions and answers to help demystify the current loan industry. How often can a borrower refinance? Borrowers can refinances as often as they would like, but it’s important they make sure that the traditional costs associated with a…
Reports show that there are a number of U.S. cities that are poised for economic recovery. Popular big cities that are weathering the recession include: New York, New York – This “wonderful town” is not only the largest U.S. city, but it is also the most densely populated. With 27,000 people per square mile, this…