Real Estate

Many people make financial mistakes without comprehensive knowledge of its effects on their future. Most of these financial mistakes affect their credit rating. Though you might not think much of this, it has a significant impact when you apply for a mortgage. It is the primary determinant of your application’s outcome and the loan’s interest rates. Applying for a loan is …

Read moreMortgage Options for First-Time Buyers with Poor Credit Scores

One of the common horror stories when it comes to buying a home is people regretting their purchase. For sure, you heard a friend or two saying that their house was too small or they’re paying too much. As a smart homebuyer, you probably think that there’s no way that could happen to you. But the truth is those remorseful homebuyers were …

Read moreThree Ways to Avoid First-Time Homebuyer’s Remorse

Mortgages and home equity lines of credit (HELOC) are two different kinds of loans that you can take out on your property. The lender can seize your home as collateral in case you don’t keep up with your payments. However, this is their only similarity. There are several differences between a conventional mortgage and a HELOC. You should know and …

Read moreThe Difference Between HELOC and Conventional Mortgage

Estimating how much coverage you need for the homeowners insurance for your Raleigh home and possessions could be quite difficult. If you overinsure, you’d just be throwing away money each year on unnecessary high premiums. If you underinsure, on the other hand, and then experience a catastrophic loss due to theft, fire or flood, you risk losing everything in your home …

Read moreHow Much Home Insurance Coverage Do You Really Need?

Flipping houses continues to be a lucrative business — when done properly. It hit its fastest pace over six years in 2018, with house flippers making an annual average gross profit of $69,500. Returns on investment (ROI) may have dropped from 47.8 percent to 44.3 percent between the first and the second quarter, but profits remain. Certain markets prove more …

Read moreFinding Success in House Flipping with No Money

A 1031 exchange is an intelligent way to buy and sell real estate properties for investment purposes. This measure allows you to defer your tax obligation as a consequence of the sale. However, a 1031 exchange is hard to execute when a vacation house is in question, especially when there is Tenancy in Common (TIC) agreement. At times, proving that …

Read moreWhen a Vacation House Won’t Qualify for a 1031 Exchange

Living solo does not mean that you need to resort to renting a room, studio, or apartment, which seems to be the norm among bachelors and bachelorettes. While it’s true that this is a very convenient option when your current lifestyle is taken into account, investing in a home at this point can still be more practical in the long …

Read moreLiving Solo: Essential Strategies for Buying Your First Home

As a homeowner, you must have looked around for ways to furnish the interior of your home. While the purpose for this might be for impressing guests, another purpose can be for raising property value. DIY Network explains how homeowners can financially benefit from an increased property value. Buyers or tenants looking for buildings to be leased or sold would …

Read moreA Place Worth Buying: Five Ways Property Owners Can Attract Buyers or Tenants

Australia could improve its green building portfolio with a new benchmark launched by the Smart Cities Council and Green Building Council of Australia (GBCA). This can help the country boost its reputation for adopting environment-friendly building practices and design principles. It will likewise encourage more people to live responsibly and do their share in caring for the environment. These practices …

Read moreNew Benchmark in Australia to Improve Urban Development Practices