Common Pitfalls in Real Estate Investing

Posted on Dec 5, 2016 in Buying or Selling

Why Do People Invest in Real Estate Properties?

Residential real estate has several benefits that enable it to stand out from other investments. For example, real property’s base value can rise, while providing owners with a constant stream of rental revenue (i.e. a source of income). Furthermore, real estate investors can exert significant influence over the value of their investments, which cannot be said for many other types of investment. However, interested individuals should remember that real estate comes with its fair share of both pros and cons, meaning that one should be deliberate and manage their enthusiasm.

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Why Is Snow Such a Huge Problem for Home Buyers in Winter?

Posted on Nov 24, 2016 in Buying or Selling

Should People Buy Homes in Winter?

Wintertime conditions mean that there are fewer people interested in buying homes, which in turn, means that there are fewer homeowners interested in putting their homes up for sale. However, various life circumstances often give some people no choice but to sell their homes in winter.  As a result, home buyers in winter can sometimes get good deals because of their strong bargaining position.  That said, it is important to note that winter conditions mean special challenges for wintertime home buyers, with the build-up of snow being an excellent example.

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Can People with Bad Credit Still Get a Mortgage?

Posted on Nov 9, 2016 in Buying or Selling

The Need for Credit

Most people choose to buy their homes using a combination of cash and credit simply because they don’t have that much cash. This is important because the real estate market undergoes constant change; there is no guarantee that opportunities that are available now will continue to be available in the future. As a result, those with poor credit are at a disadvantage compared to other real estate consumers. However, while bad credit is a serious obstacle to their real estate purchasing power, it is by no means an insurmountable one.

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