All updates are created equal. Right? No, they’re not. Some, like a “man cave” or lavish new bathroom, are for your own enjoyment. You may already know that the ROI, or return on investment, won’t be as much when you place the home on the market with these investments. However, you might want to ... Continue Reading » about Renovations Buyers Like to See in Riverview
Mortgage Problems and the Myth of Foreclosure Help
For a number of reasons, the rate of home foreclosures is rising in the United States. In fact, the rate is up some 70% over a year ago. Part of this is due to rising interest rates that are making payments unaffordable to homeowners who bought their homes three or four years ago with adjustable ... Continue Reading » about Mortgage Problems and the Myth of Foreclosure Help
Checking Your Credit Report
I just got my yearly reminder to go check my credit report and make sure everything is correct. This is a step that needs to be done prior to applying for a mortgage. You always want to make sure the errors are corrected and you know exactly what should and should not be on that credit report. ... Continue Reading » about Checking Your Credit Report
Parrish Homeowners – What’s an ADU?
There was a time when it was common for multiple generations to live in the same home. Today, it’s not uncommon for aging parents to move in with their kids or for college students who are trying to get their finances in order to move in. What’s an ADU? Some homeowners use their extra space to ... Continue Reading » about Parrish Homeowners – What’s an ADU?
3 Pitfalls to Avoid When Playing in the Real Estate Game
So you’ve seen your umpteenth infomercial with the guy in his neatly pressed button-upped white T-Shirt grinning ear to ear waving his rock-solid no-money-down rags-to-riches real estate investment course for 3 easy payments of a gazillion dollars (but only if you call now) and now you are thinking, ... Continue Reading » about 3 Pitfalls to Avoid When Playing in the Real Estate Game
Bank Foreclosures
Bank foreclosure real estate, also referred to as REOs (Real Estate Owned), is foreclosed real estate that is owned by the bank due to an unsuccessful foreclosure auction. There are several reasons the home may have not sold at the auction. The most common reason is negative equity- the bank ... Continue Reading » about Bank Foreclosures