Leaving the nest and moving for the first time can feel overwhelming. Fortunately, there are ways to avoid the common issues and mistakes that come with finding a place to live, choosing essential furniture, and arranging your new space. It is an exciting and scary time! Use the tips and information in this guide to help with everything from packing your stuff to finding the perfect place. With the right advice, moving into your own place can be a seamless experience.
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The 50-year mortgage first appeared in southern California, where housing was becoming increasingly costly, and people were looking for new ways to reduce their monthly mortgage payments. Except for the extra two decades to pay off the loan, it works the same as a 30-year fixed mortgage.
The advantage of a 50-year mortgage is the lower payment, but the significantly higher long-term costs may outweigh this advantage. Let’s see if you should go down that long road.
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For new house hunters, the home-buying process can be overwhelming and difficult to navigate. Finding the right house depends on your budget, needs, wants, and life phase. The following tips from Realty Executives can help you determine if your next move should be into a starter home or something more permanent.
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If you are working hard to get your home ready to sell, this may be a good time to take a break and learn about a few of the legal issues that await you. The process of selling a home presents you, the seller, with one legal issue after another that must be addressed and resolved. If you fail to do so, you could lose a buyer or, even worse, end up being sued for damages.
That last part about a lawsuit probably got your attention, but keep in mind that most homeowners get through the process of selling a home without a lawsuit or disgruntled buyer. It all depends on taking the time to recognize and fulfill your legal obligations as a seller while also ensuring that your rights are protected.
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There are many reasons why people decide to sell their property. One of the most common ones is, of course, profit, or the lack of it. You might have spotted a chance in the market to profit by selling your property, or you have simply realized that renting it will not bring you the kind of profit you’re looking for, so you naturally decide to sell it. Nevertheless, there are many other reasons why people opt for this decision.
Selling a rental property is an exciting adventure, but you need to do it right. This is precisely why our Realty Executives team has decided to share some valuable tips for selling a rental property, so let’s get into it.
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Real estate is a general industry with many career opportunities. As a commercial real estate developer, you may find job stability and many lucrative opportunities. However, you will need to put in the time and dedication it takes to reach the top. This brief guide will help you better understand what it takes to become a real estate developer.
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The Real Estate Settlement Procedures Act (RESPA) was enacted in 1975. The federal statute was introduced to stop malpractice and restrict the usage of escrow accounts in the real estate settlement process.
Once RESPA became effective in 1975, it was under the U.S. Department of Housing & Urban Development (HUD) jurisdiction. Ever since its inception, the Act has undergone several amendments and changes. However, after 2011, the Consumer Financial Protection Bureau monitored RESPA due to the Dodd-Frank Wall Street Reform and Consumer Protection legislation.
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Buying a home is exciting. It can also be nerve-wracking, complicated, risky, and keep you awake at night. The same can be said about selling your home. Both are important decisions that can potentially change your life.
Buying or selling a home requires a lot of preparation. We recommend that you research and consult a professional realtor to streamline the process. Additionally, use all the information available and look at other people’s experiences in selling their homes so you can avoid common mistakes. For example, many homeowners decide to do some remodeling prior to listing their home on the market. While this can improve your chances of sale at the best price point, there are some upgrades to avoid when selling your home.
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Being a landlord is more than just owning a property. There are a vast number of tasks and responsibilities that come along with it and balancing them all can be stressful.
Fortunately, there are options you can explore to lighten the load and maintain a healthy, sustainable relationship with your tenants.
One of the easiest ways to reduce the managerial load of being a landlord is to hire a property management firm. But knowing when to utilize one can be tricky. How do you know when you need help? Asking yourself these 10 questions will help you determine whether a property management firm is your best option.
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By 2030, emissions from commercial buildings will rise by 1.8%. What are commercial construction companies doing to reduce this figure, and how is it affecting the market for commercial office space?
The commercial office real estate sector took a hit following the pandemic. Is the emergence of green design a potential aid in the sector’s resurgence? Keep reading about green design and its effect on the commercial office market.
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