Which investment option is best for your hard earned money? Single or multifamily properties? The multifamily real estate investment comes with many different key benefits and it is most recommended to have a clear knowledge of the offered benefits so you can make informed investment decisions. Multifamily real estate doesn’t just play a key role in providing necessary, affordable housing for people across the world, it is also seen as one of the best housing solutions for people of different stages all through their lives. I will discuss below the different benefits of investing in multifamil ..read more

To most homeowners, there comes a time when you feel your current home can’t contain you and your family. The first home you bought feels either too small or just not good for you anymore. Careers change, families grow, and other unexpected life events can come your way and make you realize that your current home is running out of rooms. Your situation when purchasing your current home might have changed and it’s no longer comfortable or it might just not be compatible with your new needs. Whatever the case is, you may currently be outgrowing your home and would need to upsize for more space a ..read more

Many questions have been asked if there is a perfect time to sell their house and the answer has always been the been the decision to move onto the next chapter. It could be that you are expecting a baby, or you have accepted a new job, no matter the reason whenever you want to sell your home, it should match with your current needs and that to come. Below are some factors you need to investigate before selling a home. Your finances: In most cases, personal finances act as the most driving factor behind selling a home. If you have lived in your home for a long period of time, you may hav ..read more

You just found your dream home with a perfect price and it’s time to make an offer to proceed with the buying procedure. Although most negotiations will be performed by your real estate agent, there are times that you as the buyer or seller will need to negotiate. Before you can officially claim ownership of the property, you’ll have to go through some legalities of buying a home. You’re about to start one of the most important and tension-filled parts of the entire transaction: negotiating with the seller! Some advice listed below on how to get a successful negotiation: Negotiate with the se ..read more

Rental or investment properties continue to be one of the top investment options in the U.S.. Being able to purchase your first rental property can be a major investment and can be a rewarding one if well-handled. An investment property should be about more wealth while securing your future financially. There has been a common misconception that investment properties always brings a positive return once achieved, while this idea is proven to be the through in most cases, it surely isn’t an assurance for instant riches. You need to keep in mind that, your return on investment would be highly de ..read more

In a home buying transaction, there are two known professionals to help the buyer get the best experience until closing. These two are a real estate agent and a loan officer. If you are to ask, most people are likely to know much about real estate agents than loan officers. Loan officers are less-known most especially to new and first-time homebuyers. While you can still find some similarities between these two careers such as state licensing and oversight, they have many differences between their roles to be played in a real estate home buying transaction. Real estate agents and loan officers ..read more

The home buying process is termed stressful, yet rewarding. If you’re searching for a home in a competitive market, you might find it harder with greater rewards. Other high-demand housing markets often come with their own unknown rules that could be tough for home buyers to adapt. Homes in some parts have literally a day to get off the market, buyers are left with little or no time to locate their dream homes, bid and win on the negotiations.After We’ve been able to compile some strategies to help home buyers survive in very highly competitive real estate markets: Get pre-approved: Most ..read more

If you are to receive a tax refund this year, you must be thinking of the best possible way of using it. Each year, an average of 80% Americans receives a tax refund averaging around $3,000 per filer. We all have great ways of spending extra cash but everyone would need to take a full advantage of their refunds. If you are a homeowner, you must have considered using your tax refunds for your mortgage down payments. Any option you might consider using should all depend on your current financial situation and the best I can say is paying down your mortgage. More on that, building equity highly d ..read more

This is a question common with most people with a mortgage on their home. They wonder whether it is worthwhile to settle their mortgage ahead of schedule. Living debt-free is a great achievement for anyone and it all depends on your position in life, it could be within your reach. But even if it is possible for you to pay off your mortgage early, is it a good move? Though you might find it tempting, I would advise you first take into consideration the opportunity cost of settling off your mortgage ahead of schedule at the expense of other investments or goals to be achieved as well as the impa ..read more

The 30-year mortgage has long been the norm of the industry and for that reason; home buyers generally go for it as it gives them the chance to get the loan spread out over a long period so payment can be as low as possible. Some buyers would consider the 15-year mortgage to be a dream home loan option if they can afford much higher monthly payments and would like to divide their mortgage time by half the normal time frame so they can save thousands of dollars in interest. In order to get along with a 15-year mortgage, the buyer will need a highly reliable source of income and enough budget sh ..read more