The Las Vegas short sale market really does seem to be on a roll. There are three significant factors that have re-energized the local market in 2013.
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Some things haven’t changed much. Find a house – with the help of a real estate agent – that has the features you want, fall in love with it and make an offer. Hang in there through the inevitable negotiations, close and move in. And then, just as inevitably, find the flaws that could lead to major repairs or high home insurance costs.
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For folks not raised on a farm, life on one typically starts as a dream. The whole notion of escaping city life for the wide-open spaces and self-sufficiency of farm life is intriguing to many. If farm livin’ is the life for you, it’s time to get better acquainted with the process of purchasing one.
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There’s an episode of the popular TV show “How I Met Your Mother” in which Marshall and Lily find their dream apartment in an unfamiliar NYC neighborhood. Without researching the community referred to as “Dowisetrepla,” they purchase the apartment. Later on, they make a ghastly discovery that their newly purchased dream home is “down wind of the sewer treatment plant.”
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Not all homebuyers qualify for mortgage loans. Banks and other lending institutions will only give potential homebuyers the tens if not hundreds of thousands of dollars they need if the homebuyers can demonstrate their ability to pay the lenders back. Use the flowchart found below to determine if you qualify for a mortgage loan.
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It looked like a feeding frenzy, investors circling in the water like hungry great whites, salivating over the deal. So says a homebuyer in San Francisco’s Bay Area, where it’s not uncommon to see 50 or 60 offers on a house in good condition and in a decent area. Unfortunately, for the average homebuyer nationwide, there may be at least one investor in the bunch, waving cash around with promises of a quick close. The good news for buyers in areas such as
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The housing market is on the mend and real estate values are climbing. If you were in a position to buy a home at the low point, you likely got a great deal and historically low interest rates. If you’re still considering buying, it’s not too late to pull the trigger. Yes, prices are higher now, but [...]
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Any real estate agent who has been in the business for some time has a story about clients lacking a firm grasp on the difference between fantasy and reality – the difference between their dream home and their starter home. The dream home: “We want a home on the beach, in a good school district. It must have a lot of natural light, central air-conditioning, heated floors, a gourmet kitchen with granite countertops, a wine cooler and a walk-in pantry. We also want a media room, sauna,
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If you’re like most potential homebuyers, you’re concentrating on the house, not the landscape, when viewing a home for sale. As you shop for your new home, the following landscaping tips will hopefully help you avoid expensive problems in the future.
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It is no secret that inventory levels across the country are extremely low and are contributing to current local market trends, namely rising real estate values. Stories can be found across the Internet, in newspapers, and on television about fierce competition between homebuyers that are struggling to get their offers accepted. This article aims to arm [...]
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Robert Wagner pitches reverse lending on TV, but are these loans as shady as the fate of his former wife, Natalie Woods, or a smart financial move that will have you living like a star? Reverse mortgages have been attracting an increasing amount of interest from homeowners in the last couple of years, but it’s time to investigate and have a real “Hart-to-Hart” about their pros and cons.
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Whether or not you own the nicest home on the block, when it comes time to refinance or sell it, getting a high house appraisal is crucial. Fortunately, there are steps you can take to assure that you receive credit for all the ways you think your house is worth maximum dollars.
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“How much house can I afford?” When many people ask that question, what they are really asking is, “How much money will somebody lend me?” They sound similar at first blush, but they are actually two different questions. The first is a matter of individual circumstances – and chances are you already have a pretty good feel as to what you can shell out per month in housing costs.
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You may notice on your next trip to Vegas that the complexion of our city is changing and becoming ever more diverse. Las Vegas real estate is getting worldwide attention, bringing buyers from far-flung reaches of the globe. In fact, a recent story in the Montreal Gazette tells its readers they can get
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The imported Italian tile you used in your entryway or the pool in the backyard may be of immense value to you while you live in the home, but unfortunately they aren’t items that buyers shopping in your neighborhood value. To get the most bang for your home improvement buck, consider these 10 best home improvements:
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One way or another, Uncle Sam is going to get his cut. Count on it. And so will your state and local governments. That said, there are certain things you can do as a real estate investor to help manage your tax bill, and maximize your after-tax return on your investment.
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The Jersey Shore has been a favorite vacation spot for generations of families from the Philadelphia, New York and the Washington D.C. region. Many own a second home there, which they rent out in the summer at eye-popping prices. But, the Jersey Shore real estate market hasn’t been immune to the economic downturn.
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New to real estate investing? A rank beginner? Greener than the Shamrock shore? You came to the right place. This column is your launch pad. But my plan is to help provide you with a solid foundation of real estate investment knowledge that you will carry with you for years, through many successful investments.
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Every industry has its “inside” jargon, and the real estate industry is no exception. Some of the lingo, such as “location, location, location,” is a snap to decipher, while other real estate terminology can be downright incomprehensible. Real estate agents sometimes have a tendency to roll this stuff off their tongues,
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