Rent to Own Real Estate Blog

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Do I have to get a home Inspection?

August 12th, 2010 | Category: Home Inspection |

Home Inspection

Home buyers are told time and time again to get a home inspection. Even buyers who purchase a brand new home should get a home inspection because builders can make mistakes. What Is a Home Inspection Report? Home inspection report is used in purchase contracts and in buyer and broker agreement. What does home inspection disclose? A lot of people are clueless as to what the report means and whether defects reported are serious. Here is what you need to know. Check the Home Inspector’s License Home Inspectors are not required to be licensed

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Short Sales

August 12th, 2010 | Category: Forclosure, Short Sales | Tags:

Short Sale

For all the homeowners who are upside down and can no longer make their mortgage payment (because of either a job loss, divorce, or an option ARM that’s resetting higher), up to now the only option was, well, letting the bank foreclose. That’s not a good option since a foreclosure sticks on your credit record for at least 10 years. But some experts are now advocating a “short sale.” This is a case of a distinction with a difference: If your bank agrees to a short sale, you then hire an agent to find a buyer for the house, you sell the house

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In today’s economy, Should Landlords Get Help With Managing Rentals?

August 12th, 2010 | Category: Property Management |

Property Management

Many landlords love the income they get from their rentals but hate the business of managing their properties. Meanwhile, other people are interested in becoming a landlord but are concerned that it’s too much work.For many landlords, the logical solution is to hire a property management company to oversee their rental property. But is this the right decision for you? Here are several issues to consider. Do you have what it takes to run a rental property? If this is your first foray into property management, you could find yourself

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Does it make sense for me to buy my first home in these rough economic times?

August 12th, 2010 | Category: First Time Home Buyer, Investment Property | Tags:

Investment Property

Home ownership is the cornerstone of the American Dream. But before you start looking, there are a number of things you need to consider. First, you should determine what your needs are and whether owning your own home will meet those needs. Do you picture yourself mowing the lawn on Saturday, or leaving your urban condo for the beach? The best advice is to look at buying a home as a lifestyle investment, and only secondly as a financial investment. Even if housing prices don’t continue to increase at the rapid pace seen in recent years in

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