Inheriting a house can seem like a blessing in some situations, but it’s important to be aware of the potential hidden costs that come with it. It is very likely that you have some mixed emotions about the whole thing. You may be dealing with grief, costs, family members, and all sorts of things that nobody can really prepare you for. When taking on an inherited property, knowing what it will cost... Source ..read more

Professional home buyers bring a specialized set of beneficial skills, knowledge, and resources to the table to help investors navigate the world of real estate investing and come out on top. The fear of making an error with such a significant transaction often causes investors to freeze in place and delay or never get started. These experts have the resources to help overcome hurdles in building... Source ..read more

Whether you overpaid for the property in a bidding war, you’ve fallen behind on mortgage payments, or property values have dipped, being upside-down on your mortgage or owing more than the current market value is a less-than-ideal situation for homeowners. If circumstances force you to sell your house instead of waiting out a market turnaround for values to rise, you may feel backed into a corner. Source ..read more

Owing more than your house is worth is not a favorable position if you should need to sell, even more so if you are under pressure to sell quickly for personal or financial reasons. Often already under a great deal of stress, taking on the sale of a house can seem like an overwhelming proposition. However, understanding your options can help you feel confident in your final decision about how you... Source ..read more

When your mortgage is underwater, the amount you owe on the mortgage loan is more than the property’s current market value. So, of course, it’s best to ride out the changing real estate market and stay in the home for several years to allow equity to build. However, many motivating factors lead homeowners to sell, such as moving long distances to be nearer to family, a sudden job relocation... Source ..read more

Equity is a driving force in building wealth, and selling your house before building any equity can be disheartening and sometimes leaves sellers owing money at the closing table. So read on as we explore selling a house with no equity in Idaho Falls. After attaining the approval of their lender to sell for less than the amount still owing on the mortgage, short sales allow homeowners to sell a... Source ..read more

There are a great many decisions involved when deciding to sell, and once you do, you face the next hurdle; what are my options for selling? Selling your home is one of the most significant financial transactions of your lifetime, and the method you use to sell can significantly affect your bottom line. Not every home is a good fit for the Idaho Falls real estate market, and not every seller has... Source ..read more

If you own a home when you file for bankruptcy, it becomes part of the bankruptcy estate, the property or assets you own. In October of 2022, there was a twenty-seven percent increase in chapter 13 bankruptcy filings over the previous year. Bankruptcies, including all chapters, total a seven percent increase overall, which correlates strongly with the seven percent increase in inflation. Source ..read more

Do you know a good real estate agent? Have you found yourself asking this question lately? The simple truth is you need to conduct your initial meeting with a listing agent as if it were a job interview. After all, when selling your house, you depend upon the information real estate agents provide as the basis for many of the decisions you make throughout the sales process. You must be prepared in... Source ..read more

Once you’ve decided to sell your house, it’s time to select which sales method you’ll use. The world of real estate has evolved along with other industries and created a new professional that you may not be familiar with, the hybrid agent investor. This powerful hybrid combination is joining a professional licensed real estate agent with the experience of a seasoned local professional property... Source ..read more