This article is about the "new" home selling rules. To me, they are good tips in good time and bad times. Maybe people should pay closer attention to them in a slowed real estate market. Enjoy.
Here are the top 10 fastest growing real estate markets:
McAllen, Texas
Rochester, N.Y.
Birmingham, Alabama
Syracuse, N.Y
Buffalo/Niagara Falls, N.Y.
New Orleans, La.
Scranton, P.A.
Grand Rapids, Mich.
Baton Rouge, La.
El Paso, Texas
The upside of the real estate meltdown is that housing becomes more affordable for those with average income. A 4-bedroom 2500-square-foot home can be bought for just $90,000 now. The previous price tag? $240,000.
The government has announced the U.S. economy shrank at its fastest pace in nearly 27 years. That because consumers and businesses cut spending. Layoffs that began in the real estate and finance sectors are now hitting workers in nearly every field. Some iconic firms are slashing jobs by the thousands.
Las Vegas, Detroit and Atlanta top the list.
On the other side, Boston, New York and Honolulu are the nation's best ones with the lowest vacancy rates.
“Do-it yourself” home improvement has become a huge trend in the past 15 years. Stores that cater to those who choose to complete their own home repairs instead of hiring a contractor are in almost every town.
Maybe you found better credit terms or you got cold feet. A provision of the Truth in Lending Act gives you the right to cancel certain real estate loans within three business days without penalty. It is called the right of rescission.
f you are interested in getting into the world of real estate investing but you do not have a lot of money to invest, then you may want to try to buy a house using a real estate tax lien. The government places a tax lien on a property when an owner does not pay the real estate taxes. During an auction, the highest bidder becomes responsible for payment of the tax, and under certain conditions, you...
The inspection is designed to give the real estate agent or prospective purchaser a system to detect some of the readily accessible major flaws or deficiencies in the significant components and systems of a home.
This East Hampton summer rental, where pop diva Mariah Carey and husband Nick Cannon stayed last summer, is under contract, according to Newsday.com. The home was listed $19.995 million when the newlyweds stayed there last summer, but dropped in price to $15.9 million. It is listed by Corcoran’s Gary DePersia. No word on the buyer’s identity.
Like others, real estate industry has players who are lack of professionalism and sometimes unethical. Educated buyers have a better chance to understand and identify these behaviors that work against them.
This article provides some homework that a buyer can do before hiring a agent.
You should always hire an inspector before buying a home. The inspector you hire should work for you and not your real estate agent (to help close the deal). Do some homework and hire a certified inspector who has Errors Inspectors Insurance. Go to ashi.com for some referrals.