Samantha Simantiris
News Reported Previously-owned home Sales dropped 17.8% for 2022.
Wall Street Journal reported Sales of previously owned homes slid 17.8% in 2022 from the previous year to 5.03 million. Although we are seeing downtrend in home sales , there is some positive news. The average rate o...
Thomas Lethcoe
Dealing with loss mitigation??
Can anyone with successful short sale experience tell me the best way they have found to get a response from the banks loss mitigation dept.?A big problem has been getting them to even call back, do i leave message an...
Anthony Cross
Brrrr Project Gone Right!
Investment Info:
Single-family residence buy & hold investment.
Purchase price: $135,000
This 4 bed 2 bath house was in shambles. 135k purchase prices with 45k in rehab, refinanced with 10k cash to i...
Erica S.
Appraisals
We are currently in the middle of a rehab project. We have buyers lined up, someone we know personally. They are getting a conventional loan and want to close as quickly as possible. We took the house back to studs on...
Danny Webber
The Feds Plans- TGA- Treasury General Acct
This is the Treasury General Acct. TGAI am predicting that the Federal Gov't is going to dump literally tons of cash into the market prior to the election to make things look good. From an avg of 400 Billion or so to ...
Chris Good
Is now, a good time to invest in real estate?
As a realtor and real estate investor myself, I get asked this question a lot, and here are some of my thoughts on that question for buy and hold investors based on my experience, and after listening to folks that are...
Alex Fenske
August 2023 Housing Market Update (Chicago Southland Homes)
More records set while certain metrics haven't changed in two years!Supply – record lows, contradicting seasonal norms- There were 26% fewer homes listed this July compared to last, by far the fewest of any July on re...
Brandon T.
How will rising rates affect home prices? How high will rates go?
Hey BP members,
I'm confused about a topic and I'm hoping someone could help me and possibly others understand. I have a couple questions:
1)
I know that when inflation increases it causes home prices to increase a...
Miguel G.
Kansas City Banks
Any small community investor-friendly banks in Kansas City?I am interested in buying a few properties in Kansas City, MO that need repairs using bank loans. I need a bank that offers great rates, doesn't take 2 months...
Luigi Pavone
What is the difference between CMA & COMPs?
I did ask hundred of a real estate agents – What is the difference between CMA & COMPs. Over 90% of those agents I ask don’t have a clue and less than 10% their answer wasn't that great even. Most did have a mix ...