CNN recently ran an article explaining why self-made millionaire David Bach has said, “The fact is, you aren’t really in the game of building wealth until you own some real estate.” In his book, “The Automatic Millionaire” Bach writes, “As a renter, you can easily spend half a million dollars or more on rent over …
Unless you only have a few things in your house, moving can be overwhelming. However, if you have a plan ahead of time, your move to your new abode can be a lot less stressful than you think. To get you on the right track to a successful move, here are seven smooth moving tips …
A real estate appraisal is the process of determining the value of a newly build property, the resale value of a residential property, or evaluating properties for investment purposes. The appraisal is a report of many crucial details about the subject property and creates comparisons to similar ones in the neighborhood. How Do Real Estate …
Foreign consumers purchased $41 billion worth of American houses and apartments during the 12-month period that ended in March 2011, according to the latest statistics from the National Association of Realtors. That’s roughly the same as the previous year showing that foreign buyers continue to see value in U.S real estate. But add in the …
It’s easy to get thrown off by the appearance of a property, your emotions, or what the media is saying. Here are four ways to avoid making that mistake if you are thinking about investing in rental real estate: Reality Check One: Who is Your Target Market? If the property is a good fit …
When it comes to housing, baby boomers are different from many people in two important ways: They have more equity in their homes, and many are preparing to move. If housing experts are right, boomers — the 77 million Americans ages 47 to 65 — soon may be a sweet spot in an otherwise sour …
In the second quarter of 2011, Standard & Poor’s Rating Services’ estimate of the months to clear the supply of distressed homes on the market in the U.S. fell for the first time since mid-2009. The current estimate is 47 months, a five-month decline from our first-quarter estimate and the largest quarter-to-quarter drop since mid-2008. …
One way to make money in residential real estate: Buy the worst house in the best neighborhood you can afford — and then fix it up. HomeVestors, which buys beat-up homes and resells them, is trying to find the ugliest of them all in its annual contest, which ends later this month. Many of this …
We have taken the stance that real estate is currently a great investment. There have been MANY that have let us know that they think we are crazy. Today, let’s look at a few prominent people, media sources and one very important group that agree that now is the time to buy. Fortune Magazine and …
