How To Know When You Are Ready To Get In The Real Estate Game
Thursday, December 13
PREPARATION IS KEYWhile in school, have you ever showed up to an exam unprepared? Maybe the teacher presented you with a pop quiz or maybe you just forgot it was exam day. How did you feel... nervous? Preparation is important in anything we do in life. The more prepared you are for any situ...
Art of Finding Motivated Sellers
Thursday, December 13
Good real estate deals are those which are not entirely based on the selling price of the home relative to it's neighborhood, but of the emotions attached to the owners at the time. For instance, a homeowner may be undergoing a sea of emotion and may be more eager to sell than others. Scenarios s...
Why Get a Home Equity Loan
Thursday, October 25
If you're a homeowner, chances are that you've been deluged with offers from finance companies to lend you money based on the equity you have invested in your home. A home equity loan is a loan extended to you that is secured by your home. The amount of the loan is based on how much 'equity' you ...
Rookies Beware! We are at the top of the market cycle.
Monday, July 09
If you are new to real estate and are looking to get started, I want to offer you a word of caution. Markets move in cycles and they fluctuate drastically from one cycle to the next. Right now we seem to be at the top of the current cycle, so please keep in mind that the elevator doesn't go dow...
The Weekly Deal of a Lifetime
Thursday, January 19
Lombardi Residential is a buy and hold company, but occasionally, it just makes sense to sell. Today we sold a property we owned in Brick, NJ. It is a waterfront single family home that was purchased for $450,000. The home needed some work to the kitchen, electric, and HVAC, so we had to put i...