Mortgage rates changed course last week with average 30-year FRMs falling by as many as ten basis points to close at 6.35%, and average 5/1 ARMs slipping by six basis points, to close at 6.18%.
This reversal ...
Hi Everyone,My parents have a $200K junior lien on a house valued at about $1M. My parents also have a $200K court judgment for a judicial sale on the property against this lien, but they have not exercised that judg...
The Leading Index of Economic Indicators has been a pretty good indicator of a decline in economic activity, since it was published. The index uses nonfarm payroll employment, the unemployment rate, average hours work...
Hello Fellow Investors!
I’m new to investing and I’ve been chomping at the bit to find a good way to start. Right now capital is at a minimum and I’m improving credit so while I start saving money and networking wit...
Hello! I am new to real estate as well as biggerpockets.com. I am hoping for some advice/ direction on ways to identify the best areas in the country for buying to rent or buying to rehab/ sell. Is there an efficient ...
As I hear day after day about rising prices and the biggest jump in real estate price indeces since 2006, I wonder how much of the measured increase is not actually due to an improvement in the market, but due to p...
Hi
I am in the process of buying a property that is a bank owned (REO). Initially I gave the offer for thirty two thousand though the asking price was forty four thousand. The bank accepted the offer.However yesterd...
Is there an approximte # of recent sales needed to get a good ARV?
Applicant views a house we just listed. He's very interested and has "cash in hand" to move in today. I know this guy personally because he applied to rent from me a couple years ago. He had a good application but dec...
I'm looking at this property that states it is 3 bedrooms. It appears that way, but after looking closer, one room has a custom made "closet" in an open space. It also has no door and is, in my opinion, a bonus room...