Foreclosure happens when a homeowner can’t keep up with their mortgage payments. Essentially, the lender will repossess the property to make up for lost money. Needless to say, it’s every American homeowner’s worst nightmare, and for excellent reason. However, lenders are typically just as unhappy with this as homeowners. As such, they usually have recommendations … Continued
It may sound exciting to have inherited real estate. However, quite often, the reality of inheriting real estate from well-meaning loved ones or friends isnβt pleasant, rarely is the property pristine and free of debt. Therefore, itβs beneficial to consult an attorney and accountant experienced in real estate, whether you have inherited the property alone … Continued
Selling your house is fraught with stress, from deciding how to sell and all the steps to prepare; when you add in the complications of a divorce, it only serves to amp up the volume. However, when making what may be one of the most significant financial transactions of your lifetime, it’s worth taking a … Continued
Listing is an overwhelming prospect, and very often, home sellers reach out to real estate agents for the vast experience they bring to the table. Unfortunately, however, the services of a real estate agent come with a hefty price tag that reaches far beyond the high commissions. So, if your property isnβt in peak condition, … Continued
Do you feel like youβre ready to buy your first home? You’ve saved up for a down payment, you’ve got an offer on the table, and you’re about to sign on the dotted line. However, you lose your job or find out that the family member who’s going to help with closing costs can’t afford … Continued
While a great deal of thought is involved in buying an investment property, the exit strategy is a crucial phase of ownership that investors must plan, as the wrong moves at this time can be costly. For example, avoiding taxes by utilizing the rules of a 1031 exchange allows you to reinvest the profits from … Continued
Diversifying your investments among several market sectors in your real estate portfolio fortifies your security in retirement. For example, investing in raw land, which historically increases in value over time, offers a long-term hedge against inflation. Additionally, land can lend itself to creative ways for investors to earn cash flow. And an essential part of … Continued
With a strong seller’s market, you may wonder why selling your home to a professional investor would make sense. Unfortunately, not all properties and not all situations allow for listing and selling a house on the Seattle real estate market. When a traditional listing isnβt the right fit, you may seek another more convenient option. … Continued
Renting a place can be an excellent passive income. You donβt have to work an 8-hour shift in order to make that money. On the other hand, being a landlord has its drawbacks as well. Unkind tenants who damage the inventory or donβt pay their rent on time are just some of the most common … Continued
First, weβre so sorry for your loss. This can be a very challenging time for many reasons, and dealing with property ownership is tough at the best of times. You’re thinking, “I inherited a house, what to do with this house?” Should I rent it? Should I sell it? How should I sell it? Tons … Continued
There is no time like the present. While many sectors of the economy may be uncertain, the demand for real estate of all types has not diminished. Moreover, while you may have entered the property with an exit strategy planned out, life has a way of changing things, and savvy investors understand that plans may … Continued
When you inherit any type of real estate, including land, after losing a friend or family member, it can be overwhelming, especially when you add the complications of probate or shared inheritance among multiple beneficiaries. If youβve inherited land and have no need for the property, youβre likely considering cashing in on the inheritance. Once … Continued
If you’re moving on short notice, you’ll want to prepare as much as you can for this move, so getting organized is the first step. In this article, we’ll talk about how to get ready for hiring a moving company, packing your belongings, and notifying your family. The moving process can be hard enough even … Continued
If youβre working with a real estate agent, you may find yourself walking away from the closing table with much less cash in hand than you had anticipated. Unfortunately, it’s not as simple as sticking a sign in the yard and calling it sold. There is a great deal of preparation and expense involved in … Continued
Moving with kids is never easy, but the stress can amplify when you move out of Washington. Juggling day-to-day life with children is already demanding, and while adults may understand that the move has to happen, it can be overwhelming when your children learn their world will change, and there may be some upset. Weβve … Continued
