You’re writing your own destiny so be proactive. Once you find a property, go ahead and search for their details in public records – owner name and contact details. If they aren’t interested at first, don’t give up. Ask them if you can follow up with them bi-monthly. Approach owners directly. Build your network and try to convince people to partner with you – start with your inner circle.
Read MoreEssential Tips for New Homeowners→
/After months of house hunting, you finally found the home that works for your budget and needs. Congrats! For many, becoming a homeowner is the equivalent of achieving the American Dream. It’s also one of the largest financial investments anyone will ever make. For this reason, it’s especially important for new homeowners to start off on the right foot. From finding a reliable handyman to understanding your property taxes, here are some essential tips to make your first homeownership experience a success.
Read MoreSimple Home Staging Tips Every Seller Should Know→
/Putting into action a few simple home staging tips will help your house stand out from the pack in today's real estate market.
Read MoreForeclosure 101 →
/If you fall behind on several mortgage payments, your lender may begin the foreclosure process, which can lead to months of financial and emotional stress, and even result in the loss of your home.
Read MoreSHORT SALE vs. FORECLSOURE→
/The number one reason why we advocate pursuing a short sale vs. a foreclosure, is that a foreclosure will prevent you from obtaining a mortgage for a minimum of five to seven years, in addition to extensive damage to your credit, whereas a short sale will have far less damage to your credit in that most borrowers will be able to obtain a mortgage after two years of conducting a short sale.
Read MoreHow much will a Short Sale cost me?
/In a short sale, closing costs are paid by the lender from the proceeds of the sale. The homeowner in most cases, does not bring a penny to the closing. CT Property Network does not charge homeowners to negotiate the short sale. The Realtor gets paid at the closing from bank proceeds.
Read MoreWhy Short Sale?→
/A homeowners has an option to "short sale" when their property is worth less than what they owe to their bank(s). For example, if your house is worth $400,000 and you owe your bank(s) $550,000 in loans, home equity lines of credit, tax liens, etc. If you qualify for a short sale, you may be able to sell your property for less than what is owed, avoid foreclosure and walk away from the property with no debt. A short sale is a far better alternative to foreclosure, both for you and your bank. It is significantly less damaging to your credit, and you'll be able to buy a home much sooner after a short sale than with bankruptcy or foreclosure.
Read MoreWhat is a Short Sale?→
/A short sale is when your mortgage lender(s) and/or lien-holder(s) agree to discount the loan, accepting less giving you an opportunity to sell your home at current market value. If your home is over-leveraged, underwater, or you are behind on payments and cannot sell your property for what is owed, then you may be eligible for a short sale.
What Is a Good Cap Rate for Multifamily Properties?→
/When investing in multifamily properties, you’ll need to first understand how to measure common real estate financials to properly conduct research into properties.
Read MoreBEST STRATEGIES TO FIND MULTIFAMILY DEALS→
/With great flexibility and ROI for investors, multifamily properties have managed to serve as a tremendous line of business for lenders enhancing popularity in the real estate market. Savvy real estate investors are hungry for ROIs and cash flows. So, where do you find the deals? There are 2 ways to search for a property – sales listings, also known as “on market” and properties available behind the scenes, also known as “off-market” Owing to the tight market situation, finding great multifamily deals is not as easy as it used to be 5 years ago, but it’s still possible. All you’ve to do is search in the right place, be proactive, and grow your network.
Read MoreHOW TO FIGURE OUT WHAT YOUR MULTIFAMILY PROPERTY IS WORTH
/Have you ever wondered how to value your commercial multifamily property? Here’s the good news: it’s relatively easy to calculate. As long as you have good operating data on your property, you have all you need.
Read More10 TIPS FOR FIRST TIME HOMEBUYERS →
/Buying a home for the first time can be exciting. But there are a lot of new processes you’ll experience and people you’ll need to work with, too. Here are 10 of the top first-time homebuyer tips to help guide you through your journey from start to finish.
Read MorePREPARING YOUR HOUSE FOR SHOWINGS
/Preparing your house for showings can sometimes feel like the buildup to Thanksgiving dinner or a family Christmas party. Just like preparing for those holidays, there’s a lot of cleaning involved for the host. But instead of ending the ordeal with a large meal – and quality family time, of course – there’s no turkey or pumpkin pie at the end of this tunnel.
Read MoreSHOULD YOU HIRE AN INTERIOR DESIGNER FOR YOUR HOUSE?
/Whether you’re moving to a new home or considering a refresh or remodel for your current one, you might be asking yourself whether or not you should hire an interior designer. A designer is someone who can create a beautiful space, but this scenario isn’t for everyone.
Read More7 WAYS TO SAVE MONEY ON NEW CONSTRUCTION
/You can negotiate on the price of a resale home but the price is the price on a new construction home, right? Generally, that’s true. Builders don’t like to discount their homes. But, a price reduction isn’t the only way you can save when buying a brand-new home. Use these tips and tricks and you might be able to get a better deal than you thought possible.
Read MoreTHINGS TO CONSIDER WHEN CHOOSING A NEIGHBORHOOD
/Moving is a tough process because of the different elements you have to think about that affect how much you’ll enjoy your new home. One of these factors is the neighborhood that your prospective houses or apartments reside, as it can play a role in how much you are able to relax, advance in your career, and keep yourself and your loved ones safe.
Read MoreSHORT SALE 101→
/A short sale is when your mortgage lender(s) and/or lien-holder(s) agree to discount the loan, accepting less giving you an opportunity to sell your home at current market value. If your home is over-leveraged, underwater, or you are behind on payments and cannot sell your property for what is owed, then you may be eligible for a short sale.
Read MoreSELLING YOUR HOME WHEN YOU HAVE KIDS→
/When it is just you and your spouse, or maybe you have one kid, allowing a one-hour notice to show your house often will work. When you start adding in a few kids, maybe nap times and a dog, one hour becomes a short window. Getting the kids ready, getting the house clean, and getting everyone out the door can take longer when you have kids. That is why it is alright to ask for a longer notice. Two or even three hours’ notice is not being unreasonable.
Read MoreTHE MORTGAGE PROCESS: IT’S NOT AS SCARY AS IT SEEMS!→
/Many consumers have misconceptions about what it takes to qualify for a mortgage. Knowing key mortgage qualification criteria such as: down payment percentage, credit score, and debt-to-income ratio and getting pre-qualified will take the anxiety out of the mortgage process.
Read MoreFLYING SOLO: 5 STEPS TO BUYING A HOME ON YOUR OWN→
/The home-buying experience often portrayed in advertising generally seems to focus on couples and families. But these days, only 40% of first-time home buyers are married. The process of purchasing a home for a sole owner may be fairly like that of anyone else, but there are a few slight differences in how a single buyer might approach the home-buying experience.
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