Many forward-thinking individuals have recently invested in foreclosure properties with the hopes of turning them into income-generating rentals. And why not? There has never been a better time than right now to “buy low” in real estate, lock in amazing interest rates, and “sell high” in a few years when the market recovers. . . .
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Radon, a radioactive gas, has been found in homes nationwide. Insidious, it can be neither seen nor smelled. What are the natural sources of radon gas? It is formed by the breakdown of rocks that emit radium and uranium and seeps into the home through cracks in the foundation. Exposure to radon gas for prolonged periods causes lung cancer. . . .
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Heating, ventilation, and air conditioning (HVAC) systems have evolved over the years. The more complicated or outdated the system, the more expensive it is to maintain and repair. So, before signing on the dotted line for that adorable 1920s bungalow or the ultra-hip modern house, pay close attention to the house’s heating and cooling system. . . .
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Because purchasing windows is complicated, let’s break down the decision-making process into four areas. The Four C’s: Condition, Climate, Character and Cost. We’ll handle each section separately, sorting out the options to provide fundamental advice so that you learn the essentials about buying windows for your home. . . .
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With foreclosure inventories likely to shrink over the upcoming years – or at least level off after the recent historic climb – more and more homebuyers are feeling the urgency to snap up bargain homes and turn them into cash cows by renting them out. It makes perfect sense: Home prices and mortgage rates are at or near the lowest levels in more than a decade. . . .
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A home energy rating is a score that recognizes the energy efficiency of homes. Lenders use home energy ratings as an objective way of helping more homebuyers qualify for special financing. Ratings can apply to new or old homes and are based on thorough energy audits, during which a professional rater will test the home for airtightness, sufficient insulation, and efficiency of . . .
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Foreclosed homes are often some of the most affordable homes in today’s real estate market, and both homebuyers and investors are attracted to them for their long-term financial benefits. If you recently purchased a foreclosed home or plan to in the near future, you might want to consider adding a few (or all) of the modifications listed below. . . .
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Here at RealEstate.com we’re proud to have a wide collection of beautiful photos on our home page. But it isn’t all about us, so we wanted to get everyone involved in the process of deciding which photos make up our lovely assortment. We ran a Photo Challenge contest where we encouraged you to submit a photo that had what it takes to be shown . . .
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Crackdowns on loan modification scams have been in the news almost as much as the foreclosures they are meant to prevent over the last few years. Are they really going on, and how can you prevent becoming a victim? Or is this all a distraction designed to profit those in power? . . .
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