Buying a self storage facility is much more difficult than you think, especially if you want to make money from it. Over the years, there are some basic traits that separate winning installations from losing ones. And that genetic code is hard to break. There are plenty of people who will tell you all about buying a self storage facility […]
If you’re worried about losing your home to foreclosure and falling behind on your mortgage payments, there are some financially strategic things you can do to save your home. It is best to learn about the foreclosure laws in our state and understand the well-researched case law. You should probably immediately seek the professional advice of a bankruptcy attorney who […]
The BPO business is an exciting niche of the foreclosure industry today. Whether you’re a seasoned real estate agent or new to the business, real estate agents typically spend several hours each week creating Comparative Market Analysis (CMA) for potential clients in hopes of getting a listing or convincing a buyer to make a move. an offer. In the end, […]
Homeowners who are behind on their mortgage payments often make a mistake that, if not made, would allow them many more months to recover financially before losing their home. This mistake is when borrowers move out of their home before they are legally required to do so. And now, with the foreclosure rate soaring in recent years, there are even […]
Few owners recognize the huge impact customer concentration has on the sale of their business. Customer concentration represents a significant obstacle and will affect the saleability, valuation and negotiation structure of a business transaction for sale. Not only will it create buyer qualification issues, but it will affect the ability of any prospective buyer to obtain third-party financing to complete […]
If you are a homeowner with a property for sale, a lease to own may be one of your best options. The economy has changed dramatically in recent years. Unemployment has reached all-time highs. Interest rates are low, but that’s not a factor since most homeowners are upside down with their mortgages anyway, thanks to the housing bust. Buyers generally […]
Before we get into the explanation of an inactive agent and an active agent, we’ll start with a brief overview of how the real estate brokerage system in Ontario works. We will refrain from going into too much detail and therefore the following will be a very simplified version. In Ontario we have a brokerage board of directors called RECO […]
I was young and inexperienced, but I was convinced that I was unstoppable. He had a lot of energy and motivation. The house was in Arvada, a northwestern suburb of Denver, and I bought it for an incredible price. It was part of a package with another house that he planned to keep as a rental. This one didn’t have […]
More and more people are realizing that now could be the perfect time to start getting into the real estate investing business. Typically, this consists of taking old or run-down properties that won’t sell and fixing them up so they can be effectively listed and sold. Since buyers are even more picky about the properties they are interested in, sellers […]
There are thousands of homeowners associations (HOAs) and condominium associations throughout Florida. The size and responsibilities of these groups can vary from community to community, but most maintain some type of insurance policy to protect their assets. Due to some of the extreme weather such as hurricanes or flooding in certain parts of the state, insurance policies can be extremely […]
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