Recreational land purchases can not only be a fun property to own (i.e. get-away cabin in the woods for hunting!), but it can also be a wise long-term investment. There are two types of recreational land: personal use and public use. So, when thinking of investing in recreational land here are four reasons to consider: It keeps your money safe. It beautifies your community. It provides...
When you’re getting ready to list your home, it’s of the upmost importance to ensure you are showing it in the best light. Taking time to highlight its strengths and fix up some of its possible weaknesses can make a big difference in how fast it sells. Here are our top five recommended repairs to make: Repaint walls. Giving your home a fresh coat of paint is one of the most cost-effective ways to...
Frequently when purchasing a new home, or if you are a new home buyer, buyers do not pay attention to all the extra fees that are included in the purchasing process. The following is a list of common fees to be aware of: Loan Application – applies to many types of loans and is for the costs to process only the loan approval and is nonrefundable. Many folks shop for lenders since this fee can vary from...
Many folks do not realize that it is even possible to acquire a home loan with little or even no money for a down payment. We are here to tell you, yes you can! You just need to do your homework in finding the right program to assist you or what programs are available in your area. And these various programs are not just for low-income buyers or the first time home buyer. According to a national...
FDIC Proposed Rulemaking: Residential Real Estate limit for Appraisal Requirements The Federal Deposit Insurance Corporation (FDIC) are proposing a new rule to raise the starting point for residential real estate sales requiring an appraisal to be triggered at $400,000. The reason for this is due to the concerns over the costs as well as the time required by appraisers in order to get a residential real...
In approaching the end of 2018, there are markets that have begun to show signs of a downturn. This includes some popular metropolitan cities that have been leaders in the post recession housing boom; many predominantly located on the West Coast. The most common indicaters of a downturn are: an escalation of houses on the market with a price reduction, a growing quantity of listings and a rise in days each...