Do you want to invest in real estate? If you are buying property as a real estate investor, there are a number of important factors to consider. Take a look at some of the most important factors to think about before you decide to sign your closing papers. Location, Location, Location Just as with your primary residence, it is important to think about the location of your investment property. Location is the most important factor in the value of just about every property, and your investment property is no different. You need to think about the proximity of your property to amenities, the safety of the area, and its proximity to major highways and interstates. Pay close attention to what … [Read more...]
The ‘Debt to Income’ Ratio and How It Affects Your Home Purchase
The real estate market is rife with terminology that can make a home purchase seem more than a little complicated. If you're currently looking for a home and are considering your loan options, you may have even heard the term 'Debt to Income' ratio. In the interest of simplifying things, here are some insights on what this term means and how it can impact your home investment. Determining Your 'Debt to Income' Ratio It's important to consider what exactly your DTI ratio is before your home purchase as this will quickly determine how much home you can actually afford. To calculate this number, take your monthly debt payments - including any credit card, loan and mortgage payments - and divide … [Read more...]
3 Easy Ways to Make Your Home More ‘Pet Friendly’
Whether you're moving to a new home or you have a new family pet, it can be a struggle to make the place a little friendlier for them. From the garbage can to the cupboards and doors, there can be a lot of dangers that have the ability to hurt your furry friend you might not be aware of. If you're looking for some simple ways to make their life a little easier, here are a few things you can do. Take Care Of The Trash The image of dogs sifting through the trash is common for a reason, so it's important to guard your animal against the dangers of the dustbin. In addition to taking out any perishable goods on a consistent basis, it's a worthwhile investment to purchase a tougher trash bin that … [Read more...]
Luxury Selling: How to Qualify Potential Buyers to Ensure They Can Afford Your Home
Luxury estates can be a challenge to sell. The more expensive a home is, the less potential buyers there are. The biggest hassle is going through the process with people who can't actually afford the home, only to have it fall apart at the last minute. Here are some ways to make sure the property is only being viewed by qualified buyers. Only Accept Offers From Buyers Who Are Pre-Qualified From A Lender One of the only ways to guarantee a buyer will be able to afford a luxury home is to let the bank do the work on your behalf. By only accepting offers from people who have been pre-qualified by a lender, it allows the seller the peace of mind of knowing that every offer is a legitimate one. … [Read more...]
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