Hi Everyone,I purchased a condo in Arlington, TX in late February. The SDN stated there was no prior flood, flood damage, or flooding at all on the property, and my inspection did not find any of these details either...
Hi everyone, here is the housing market update I publish for clients each months. As always, there are some interesting surprises! This is data for the Chicagoland metro area sourced from Midwest Real Estate Data LLC....
What is the most challenging thing about becoming a seller agent?
We all learned in Economics 101 that price is a function of supply and demand. Too many homes on the market, and prices start to come down. Not enough homes on the market, and prices start to creep up. Home prices, th...
Hey BP!!The question that I have is, how should I analyze a deal that is slightly below market value, but I can get the property via seller financing with very little down? Here is a quick look at the numbers:$1,100 f...
Background
Since the start of the Covid pandemic in March 2020, home prices are up a staggering 45% – according to the National Association of Realtors. Sellers have enjoyed a wildly imbalanced market for the past c...
Hi All,I'm right at the end of purchasing my first foreclosure and it's been a much bumpier ride than I'm used to! The foreclosure is a SunTrust Mortgage home. It took over a month to reach an agreement and get a sign...
6 days ago I entered in to a contract with a seller, my contract has a inspection contingency and a counteroffer contingency, I am well within my 10 day due diligence period and I have decided to exercise my inspectio...
im about to do my first contract assignment--can someone tell me exactly how to do it? do i put the end buyer on the contract i initially signed or do i have to draw up another contract? and do i get my money up front...
This is assuming interest will continue to rise. For me, my long term goal is to own doubles in my A neighborhood, that currently are 150K +. And 5% + interest starts to really cut into the profits. I'm not real exci...