Investing In the Right Real Estate

Posted on: 15 December 2016
Nobody takes out a mortgage with the intention of falling months behind on payments. But life happens, and things like putting food on the table and buying medication have to take precedent over making your mortgage payment. If you're months behind and just want to get out of the house to leave this chapter of your life behind, here's a look at your options. Let the bank foreclose. If you choose to do nothing and just keep missing payments, you'll eventually get a letter in the mail from your mortgage lender stating that foreclosure proceedings are beginning.
[Read More]

Posted on: 15 December 2016
Although you can typically expect a counteroffer once you submit an offer in an attempt to buy a home, you also want to make your initial offer as appealing as possible. Many people focus primarily on the price they offer, and while this is important, it's not the only thing that can make an offer appealing to the homeowner. For example, a seller may pursue an offer that has a slightly lower price but meets his or her criteria in other areas.
[Read More]

Posted on: 15 December 2016
Investing in real estate, provided that you take a careful approach, can be a strategy that is far more lucrative than other investing methods. Instead of putting your money into the stock market and having the outcome be dictated by things that are far beyond your control, you can hire a real estate agent to help you find a suitable rental property that can earn you some monthly income — and if you ever need fast access to a large sum of money, you'll be able to sell the property.
[Read More]

Posted on: 15 December 2016
When your last surviving parent passes away, you and your siblings will often inherit the parent's home if he or she continued to live independently until the time of death. You may be anxious to simply sell the property as quickly as possible and split the proceeds, which is certainly doable. However, there are a number of other options that may be suitable in this situation and are worth discussing with your siblings — and perhaps worth hiring a real estate agent to oversee.
[Read More]