It is far harder for real estate investors to obtain a loan today than it was several years ago. While this is mostly related to the real estate market crash of 2008, harsh government lending standards have made it almost impossible for commercial loan funding. Many commercial real estate investors are turning to private money…
When most people job hunt, they look at what cities offer. As big cities are typically a better resource for job hunters, many cities are beginning to reinvent these concrete fortresses, favoring open-concept green-friendly spaces. Minneapolis, Minnesota – A top rated public park system, Minneapolis features 197 city parks. These parks are conveniently located near…
The U.S. is home to several metropolises. While moving to a big city can be overwhelming, this article highlights the best neighborhoods to live in large cities. Park Slope, New York City – A neighborhood that focuses on escaping busy Manhattan life while embracing local restaurants, farmers’ markets, home-style shops, bakeries and a food co-op. The…
Contrary to what many people may believe, there are several areas across the U.S. that offer exceptional affordable housing. No longer an oxymoron, “affordable housing” is offering homebuyers and real estate investors great deals. Allowing homeowners to further stretch their incomes, these cities are booming: Altamonte Springs, Florida – Located just outside of Orlando, real estate…
With interest rates rising and the 30-year mortgage rate hovering near 4.35-percent, up from a low of 3.3-percent, many sellers and homebuyers are finding it overwhelmingly difficult to navigate today’s loan waters. Highlighted below are helpful consumer loan tips: Refinances – The refinance window is rapidly beginning to close. Homeowners that were turned down for…
After several consecutive years of seeing historically low interest rates, mortgage rates are again rising. With the number of refinances decreasing, banks are being forced to explore additional business opportunities. This has caused many banks to lower their rigid loan standards in an attempt to lure new homebuyers. The latest reports show that credit availability…
With the first half of 2013 seeing home values increasing as much as 10-percent, experts note that this increase is on pace to be the fastest growing improvement since 1977. In May 2013, real estate sales showed an increase of 11.9-percent from June 2012. This latest increase marks the 16th consecutive month where home values…
All successful real estate investors strive to “buy low and sell high.” This mentality means that someone needs to purchase real estate when the market is low, holding onto the investment until the market increases, which allows investors to sell for a profit. The sign of any successful financial company is the goal to make…
TransUnion, one of the three major credit bureaus, has recently reported that nationwide, mortgage delinquencies are declining. The second quarter of this year highlights that only 4.09-percent of borrowers have delinquent mortgages, which is down a total of 26-percent from 2012. Unprecedented, this astounding decline makes the third consecutive quarter where delinquencies have shown dramatic…
The latest reports say that the real estate market is turning around and sellers are reaping the profits. When listing a home, sellers should carefully select a real estate agent that will represent them effectively and accurately, helping to reduce the overall days on market. How do sellers interview real estate agents to ensure they…