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Real estate is not always an easy venture to be involved in. Mortgages are huge loans, and monthly payments can be extremely steep. Especially with the trend a few years back to give out sub-prime mortgages, there have been a lot of foreclosures lately. But foreclosure should be avoided at all costs.
So let's assume for a moment that you are unable to make your mortgage payments. You become a defaulted owner. Now what? Well, typically, your lending institution will foreclose its…
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Added by Antonio Atoche on September 11, 2012 at 9:13am — No Comments
Is there any good reason to do your own home inspection? How about to get a better deal. Every flaw you can find is a negotiating point. You don't have to learn building codes, and you probably should use a professional inspector in any case. The point of learning what to look for is to protect yourself and get a better deal.
Home Inspection - Use A Checklist
A good home inspection checklist, keeps you from forgetting things. I have more than a hundred items on my own…
ContinueAdded by Antonio Atoche on September 10, 2012 at 8:41am — No Comments
If you're are planning on selling your home and moving up, do your homework before offering your home for sale. Read the following story to see what can happen to home sellers who don't do their math.
A young family sold their home in California, before they determined how to buy their next house. All they thought about was moving into a larger home for their growing family.
Two years before, after this young couple purchased their first home, they bought a minivan with…
Added by Antonio Atoche on September 6, 2012 at 9:28am — No Comments
First impressions matter most. This is one concept that many homeowners trying to sell their homes and first time property investors trying to sell or rent property fail to understand. Curb appeal is the first impression when it comes to a house. This is the place that you as an investor or seller want those driving buy to think of as home. For this reason you should pay careful attention and spend some degree of time and effort making the outside of the home inviting and appealing to…
ContinueAdded by Antonio Atoche on September 4, 2012 at 7:05am — No Comments
Buying a house is a very serious matter that comes in to people’s lives. It is very risky to invest your money in buying just any house you find. You must have some guidelines that can help you decide which house is the best for you. Here are some:
1. Determine your rights
When you are ready to buy your own house, be sure you understand your rights as a homebuyer. Knowing the process of buying a house prevents you from getting scammed. You can personally do your home work or…
ContinueAdded by Antonio Atoche on August 30, 2012 at 8:57am — No Comments
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