Property Management News
A lot of work goes into applying for a mortgage — from rounding up your financial records to making sure your credit score is in tiptop shape. Another important item for your to do list: looking out for misinformation and bad advice. There are plenty of myths surrounding home loans. Believing them can cost you both time and money. We’ve rounded up some of the more common misconceptions and explained what you really need to know. Myth #1: Low mortgage rates mean you need to buy a home ASAP Don’t let mortgage-rate FOMO lead you to make a big financial mistake. Sure, current mortgage rates are very low. (Well-qualified buyers have been able to snag rates around 3% since late 2020.)... Read more
Hundreds of thousands of homeowners could soon lose or sell their homes as Covid-related mortgage bailout programs expire. The federal government, big banks and...
Real estate professionals weigh the pros and cons of scoring a deal on your next property investment. Thinking about making a move? You might have added a foreclosure...
In the traditional sense, hard money lending means a lender with a short-term loan to an investor or developer, typically for use as a down payment on a property. The...
Definition & Examples of Like-Kind Real Estate Like-kind real estate is a piece of property or land that is similar to another in nature or character. This...
Real estate is an alternative asset worth investing in, and these expert tips will make sure that investment earns enough to support your retirement. Stock market making you nervous? Depressed by bond prices that, after inflation, offer negative returns? Do Bitcoin and all the other cryptocurrencies seem like financial roller coasters that may or may not be missing a stretch of tracks somewhere in the foggy distance? You might need a change of pace, or, as financial pros put it, an alternative asset. A great one can be real estate, though no investment is a guarantee at any given time. But the returns on real estate can be strong, and there are different ways to get into it. If... Read more
Reduced closing costs for investment property buyers Are you buying a multifamily property to rent out? If so, you might be able to get your closing costs covered —...
A strong credit score provides a lot of advantage. Whether you’re just starting out or recovering from a set back, improving your credit score can be important...
If you don’t have enough money to buy a new property then financing is a great solution. Financing can provide the support you need to buy the house you want....
Overall mortgage credit availability increased 1.5% in September, but it is far from pre-pandemic levels Mortgage credit availability increased for the third consecutive...
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