Today's Current News, Opinion & Advice

The Risks and Benefits of Buying Beachfront Property

On paper, a beachfront condo or home sounds like a dream investment. Yes, beachfront real estate comes at a higher price, but the return is often worth the cost. But just like with any other investment, there are risks and benefits to purchasing beachfront property. The Benefits of Buying Beachfront Property There are many benefits…

House Flipping And What You Should Know

Many of us have seen those reality shows where people buy run down or cheap houses, make a few repairs and upgrades, then make a huge amount of money in a few weeks after selling the home. Well, that’s television for you, because flipping a house is a lot harder than the reality shows make…

4 Special Offers to Make When Selling Your Home

When you list your home for sale, you are essentially offering the real estate to a buyer for a specific asking price. The real estate is the land, the structure and site-built fixtures like a fence. Unless specifically stated, the sale will not include any other items that the buyer may see in the home…

6 Things to Consider When Building Your Dream Home

Building your dream home can quickly turn into a nightmare if you go into the situation blind. While there’s a great deal to understand and to consider in building a home of your own, this brief overview can help you focus on some of the most important aspects. By considering these points, you may make…

Approval Guidelines for 1099 Employees

Lending guidelines today ask lenders to verify and provide proof of income. This is necessary in order to calculate affordability and to prequalify someone for a certain amount. Lenders can send out a Verification of Employment form to the applicant’s employer. The completed form will provide the lender how much the employee makes each month…

How Long Does It Take to Close on a House?

“All cash, seven-day close.” Those words are a dream for a home seller and a real estate agent, but while they may be thrown around on shows like Million Dollar Listing to entice a buyer to accept a $28 million offer on a $30 million list price, how realistic is it to close so quickly…

Smart Ways to Save on Your Bathroom Renovation

Looking to liven up your bathroom? Better set aside some big bucks. According to HomeAdvisor, “The average bathroom remodel costs $10,354.” But, there are ways to get a fresh, new look at a fraction of the cost, with these money-saving tips and tricks. Keep the same layout You might want to chuck it all and start…

Buyers: Hesitant or Decisive?

Does thinking about buying real estate make you feel nervous or are you ready to plunge in? During the process of buying, you’ll probably be both hesitant and decisive. PJ shares Four Key Pivotal Hacks for confidently making real estate decisions. Are you hesitant or decisive? Does thinking about buying real estate make you feel nervous or are…

Financing Your First Rental? Expect These Five Things

Investors are increasingly placing residential real estate into their portfolios. With the combination of interest rates being so low for so long, it makes financing more affordable. Couple that with higher rents and you can see why real estate is a solid long term option. If you’re getting ready to get your financial toes wet…

The USDA Guarantee Fee Explained

The term “loan guarantee” for those not affiliated with the mortgage industry really does sound like someone is guaranteed a mortgage, regardless of income, employment or credit. But that’s really not how the guarantee is applied. There are three government-backed mortgages in the industry and they are the VA, FHA and USDA loan programs. Each…

6 Tips to Make Your Home Look More Expensive

Does your new home fit into your budget, but not your design wishes? Everyone wants to keep up with the Joneses, but not everyone can afford the price tag. Don’t worry, with the tips below you can make your home look expensive without spending big bucks to do so. It just takes a little creativity…

5 Smart Ways To Finance A Real Estate Business

With the housing market’s continuing growth, investing in a commercial real estate business can help save the company in which you’ve already invested millions. When expanding your real estate business, you must assess your position as a buyer before you invest in any commercial commodity — seeking SBA Loans for your small business? Look at…

Tax Canadians’ Housing Wealth, Group Urges

Generation Squeeze is calling for Canadian politicians to address housing affordability in their platforms by taxing “housing lottery winners” who have benefited from home price appreciation. In the lead-up to the federal election this October, an advocacy organization for young people is calling for Canadian political parties to commit to taxing housing wealth. Generation Squeeze,…