Category: Real Estate

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Real Estate Math – Do You Know These Simple Formulas?

Puerto Rico
Real Estate Math

The Real Estate Math You Don’t Need The gross rent multiplier is one formula you don’t need. I bring it up because people are sometimes still using it, and there are better ways to estimate value. A gross rent multiplier is a crude way to put a value on a property. You decide that properties are worth 10 times annual rent or less, for example, and simply multiply the gross annual rent a building collects by ten to get your value. There are obvious problems with this formula. You need…

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Quick Mortgage Tips for Home Loans, Equity Loans, Reverse Loans, Cash-Out Loans and Refinance Loans

Puerto Rico
home loans

If you’re considering a mortgage loan, you might be wondering what options are available. Today, there are many options besides the conventional methods of obtaining a mortgage. Whether you’re applying for a home loan for a new home, a refinance loan, an equity loan, a HELOC, or a reverse loan, you should be aware of what each loan entails. Buying a New Home When buying a new home, you’ll need to be approved for a new home loan through a lender, or ask the seller to finance the home for…

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Creative Real Estate Financing

Puerto Rico
real estate finance

Do the creative real estate financing techniques you hear about really work? Yes and no. They likely have all worked somewhere for someone at least once. The important point is to understand the principles involved, so you can find your own creative ways to invest in real estate. Here are ten methods to get you thinking. Use hard money lenders. Ask around or find these online. These lenders specialize in short-term loans at high interest. Typically, you use this type of financing for a “fix and flip.” You can get…

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Buying Real Estate Foreclosures

Puerto Rico
buying foreclosure

Buying Foreclosures – Bargain or Headache? When looking for a home for you and your family you will come across all kinds of deals, bargains, and so-called values along the way. If price is a very tangible object for you and your real estate investment then you might seriously want to consider the value of foreclosures. If you are hoping to invest in real estate in order to turn a profit then you may also wish to consider these properties that are often sold well below the ordinary value of…

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Avoid Foreclosure: An Option That Many Do Not Know About

Puerto Rico
foreclosure

Looking down the barrel of a foreclosure, if you are among one of the over 1.4 million homeowners facing this same issue, there may be a creative technique to save your home. Save your home and salvage your equity so that you can fight again. The last thing that you want to do is give your home back to the lender. If your financial hardship has left you in a position whereby you are not able to pay your mortgage payment, whatever the reason may be, then you cannot afford…

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5 Financing Options For Buying A House

Puerto Rico
Buying a house

Since, for most, the value of their home, is, one of, if not, their single – biggest financial/ economic asset, wouldn’t it, make sense, for a potential homeowner, to know, and understand, as much as possible, before buying any house? After, over 15 years, as a Real Estate Licensed Salesperson, in the State of New York, I try to counsel my clients, and customers, to know and understanding their options, and possibilities, so they can proceed, wisely! Although, most consider, owning a home, of their own, is a major component,…

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Online Real Estate: A Promising Business Venture

Puerto Rico
real estate services online

When it came to making a sale or an offer to a prospective home buyer or seller real estate agents were in control of the whole transaction. If you were interested at some property that is up for sale, then you would have to go to a realty firm. And in order to get some information about that piece of property you would have to go through search the listings (this is usually in the form of a book) from the files of a real estate agent. Quite tedious wouldn’t…

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Think Green Around the Home

Puerto Rico
local organic food

There are many things we can all do at home to help out our environment, the following are some tips from HG-TV that we could all use: Use that BBQ! You knew grilling was a healthy way to cook, but did you know it was good for the air? Outdoor grills take less energy than electric kitchen stoves. They also keep heat out of the house, lowering air conditioning costs. Stick with grills that use propane or natural gas; they emit 5.6 pounds of carbon dioxide into the atmosphere per…

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Vacations And Home Security

Puerto Rico
smart home

Home Security versus a House Sitter Nothing is more stressful, disappointing, or downright sickening than returning home from a hard earned vacation – only to find that your home had been robbed. Burglary is a common thing these days, with burglary around the home occurring quite frequently. When you go on a vacation, you shouldn’t have to worry about the condition of your home and your things. Your vacation should be relaxing, without having to worry about anything. If you plan ahead before you go on your vacation – you…

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Why is a house move challenging for women?

Puerto Rico
Why is a house move challenging for women

With the revolutionized society, gender roles have diversified. Men and Women are equal competition in all spheres. Still, there is a unique set of challenges that are faced by women especially, those working in corporate. Common among the challenges is the house moving challenges. Enlisting professional help from companies like Bailey’s Moving and Storage can alleviate much of the physical and emotional burden that often falls disproportionately on women during a house move. Furniture movers in London, Ontario, are essential in helping women navigate the challenges of the moving process. The shifting becomes…

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