3 ways contractors steal from you, How to find the perfect rent price to charge tenants, Bi-weekly mortgage payment scams

 

3 Ways Contractors Steal From You

Real Estate Tip:

If you own rental property, monitor market rents where your property is located by looking at rental ads online so you can see what your prospective tenants or current tenants are seeing. 

Real Estate Insights:

Bi-weekly early mortgage payoff plans essentially make about 1 extra monthly mortgage payment for a borrower every year. You can accomplish this on your own without paying your lender a fee to join their program.

 

Home pest infestation red flags, Best time to get a home inspection, How to lose money when you sell a home

 

Property Pest Infestation Red Flags

Real Estate Tip:
 

Get a thorough home inspection before you buy real estate and get one before you pay for an appraisal just in case the inspection reveals something so major you decide against buying the property.

Real Estate Insight:
 

Homes that spend more time on the market usually sell for less money.

 

The best legal entity to buy property in, pricing property effectively, property appraisals

 

What is the best legal entity to buy property in?

Real Estate Tip:

Overpricing a property reduces its selling price-it inevitably ends with price cutting & a weak negotiating position.  The longer a property stays on the market, the less it will sell for.  The key to selling a property for top dollar is pricing it correctly in the 1st 30-45 days it's on the market.

Real Estate  Insights:

Property appraisals reflect prior market prices when purchase contracts were signed, not when properties are actually closed and sold