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A residential property appraisal helps establish a home’s market value, or the likely sales price that the property would fetch if offered in a competitive real estate market. Whenever someone uses a home or other type of real estate as security for a loan, the lender will order an appraisal to be conducted by a licensed appraisal professional.

Have you found yourself staring at a Notice of Default? In its simplest terms, a Notice of Default is the first step a bank or lender will take toward the process of a non-judicial or judicial foreclosure on a property, most likely due to an outstanding loan. No one wants to deal with the tiresome […]

No one likes it when a good deal dies. Especially when selling your home, it can be disappointing. Whether the property won’t sell due to financial complications or miscommunications, learning that a great offer has fallen through is always a setback in real estate. Unfortunately, home inspections are a well-known deal-killer within real estate. They’re […]

When you’ve decided to sell your house, one of the most first questions you’ll ask is how to find buyers for your home. Depending on the location and property type, finding a buyer for a real estate transaction can range from fairly simple to downright challenging. Especially for those who have never sold a house […]

When buying or selling a home, the topic of closing costs is bound to come on the horizon. It takes a village to purchase or sell a home, with several different people playing a role in the real estate transaction. Buyers, sellers, real estate agents, and inspectors are just a few of the different people […]

Real estate and rental property bookkeeping might not be the most exciting element of investing in real estate, but it’s a necessary mechanic within the real estate machine. Some real estate investors might hire an accountant or professional bookkeeper to keep track of their property expenses because understanding these figures is critical for properly running […]

In life two things are certain and, as we all know, one of those is taxes. Tax season seems to always be around the corner, and for rental property investors that can mean that some paperwork is on the horizon. Understanding the tax rate for rental income can be an overwhelming task. Between identifying all […]

Not all properties are created equal. Some can become very difficult for homeowners, realtors, and real estate investors to resell. Depending on the holding costs and resell value fluctuations, many of these hard-to-sell properties can sometimes sell for less than they were purchased. While these properties might have some unique challenges for selling, investors need […]

If you’re at all familiar with the world of real estate you’ve likely come across the idea of For Sale by Owner listings, or “FSBO” listings. For homeowners looking to take the real estate process into their own hands, it’s a popular option to skip the use of a realtor or agent and instead sell […]

As with any financial transaction, there are choices you should and shouldn’t make when selling your home. The sad reality is that the most common mistakes are arguably the easiest to avoid. Preventing these mishaps is especially important if you are selling or thinking about selling your house independently without a realtor or sales agent. […]