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17 July 2024 | 18 replies
If all goes perfectly and you find a buyer at the end of the 3rd week who is using financing to close it will take them 30 to 45 days to close.
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15 July 2024 | 0 replies
pid=2096Houston Real Estate Highlights in June, 2024:-Single-family home sales declined 11.6 percent year-over-year;-Days on Market (DOM) for single-family homes went from 45 to 46 days;-Total property sales were down 13.6 percent with 9,133 units sold;-Total dollar volume declined 12.2 percent to $3.8 billion;-The single-family median price was statistically flat at $345,500;-The single-family average price was statistically flat at $432,090; -Single-family home months of inventory registered a 4.3-months supply, up from 3.0 months last June;-Townhome/condominium sales continued to decline, falling 19.9 percent, with the median price up 12.1 percent to $241,000 and the average price up 7.8 percent to $271,356.
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14 July 2024 | 4 replies
For SB1079, a prospective owner-occupant can bid on the property post-sale and win the auction within a 45-day period.
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15 July 2024 | 2 replies
We’re well into summer, but 7% mortgage rates and still-rising home prices have put a winter chill on transaction volumes.The national Buyer Activity sub-index dropped 8 points to 37 in July 2024, after having dropped 6 points to 45 in June 2024.
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15 July 2024 | 7 replies
The better route is to convert to MTM with 45-day Notice Period, otherwise you get to charge an Early Termination Fee.
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18 July 2024 | 40 replies
In 5 years: $100 x (1 + 4%)^5 ≈ $122 or a 22% increase.In 10 years: $100 x (1 + 4%)^10 ≈ $148 or a 48% increase.Unless your rents increase faster than inflation, you will not have the dollars to pay inflated prices and sooner or later you will have to go back to work.The key factor for rent growth is significant and sustained population growth.Sufficient to Replace Your Current IncomeYou will likely need multiple properties to replace your current income.
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15 July 2024 | 17 replies
As an audit manageer in a big 4 firm, you likely have 4-5 months in the year where you have to dedicate a lot of hours to work.
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14 July 2024 | 7 replies
So if they change their start date and let me know 45 days out, no problem. 2 day notice, sorry you'll have to pay for those days even if you're not staying there.
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16 July 2024 | 18 replies
Put $1k+ a month (if you can) into a high-yield savings account like Marcus and earn 4-5% while you still can, and then when you have enough buy a property.
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15 July 2024 | 23 replies
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