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Condominiums,Credit Repair,HOAs,Home Mortgages,Home Renting,Home Selling,Land Contracts,Landlords,Real Estate Market,Rent-to-Own Homes,Taxes

What Kind of Home Buyer Are You in Today’s Market?

8 Apr , 2016  

You’d be surprised to know that in our current market there are many different kinds of home buyers (and consequently, home sellers). This should tell you something — that the market’s largely dictated by who you are. And if you don’t know who you are as a home buyer, you’re basically jumping into an ocean without a life jacket — pretty dangerous.

Know What Kind of Home Buyer You Are (or Rather, What Kind of Home Buyer You’re Supposed to Be!)

The beautiful thing about the budding real estate market we’re seeing right now is the ability of resources to gather data and try to make some sense out of the metrics. What houses are selling? Whyhome buyer-1 are they selling? What’s trending? What’s hot in today’s market? How do you think people find out the answers to these questions? — surveysmetrics, data, information.

Know the info, and you’ll know the market. Plain and simple. That’s home buyer 101, the first thing you learn. In order to know the info, though, you have to know where you fit in as a home buyer. Here are the current ‘types’ (for lack of a better term):

Four — count ’em — four different types of home buyers. This makes it complicated. Especially for a home seller. Especially given the fact that by default this brings to the table four different types of home sellers out there. Forget the difficulty of finding the right person for a relationship! Knowing what you want in a home is one thing — knowing if you’re dealing with a millennial home buyer, or a gen-x home buyer, or a baby boomer, or one of the ‘silent’ ones will determine whether you sell that home, buy another one, or just opt for home renting.

It Does Sound Simple, Doesn’t It?

Information is power in this ocean. And there are plenty of fish in the sea. The question is this: which fish are you, and are there enough of the smaller fish for you to snack on? Good question! WANT TO LEARN MORE ABOUT BUYING A HOME RIGHT NOW? CLICK HERE AND SIGN UP!

The post What Kind of Home Buyer Are You in Today’s Market? appeared first on The Complete Real Estate Site.

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Condominiums,Credit Repair,HOAs,Home Mortgages,Home Renting,Home Selling,Land Contracts,Landlords,Real Estate Market,Rent-to-Own Homes,Taxes

Why the Baby Boomer Generation Is Still Booming in the Real Estate Market

7 Apr , 2016  

It’s true, believe it or not. We’re guessing the real estate market is still so vibrant as mentioned here that even baby boomers from back in the ’80s and ’90s are still very much active when it comes to home buying. And they should be. Prospects are good. Why not take advantage of it?

There Are Four Aspects of This Market for Baby Boomers to Keep in Mind, Though

It’s not just about your age. Or the fact that you have a big salary with a career you’ve held down for a decade or more. Rather these bits can prove that you are, in fact, a baby boomer booming in the real estate market:
Just by these facts, you can tell that age isn’t necessarily what makes a baby boomer.

There’s so Much More to It Than That

While the term “baby boomer” represents a higher birth rate of kids sprouting out like fish eggs and an explosion of opportunities both on the job side as well as the business side, there’s no doubt that being a baby boomer in the real estate market means that much more. They may be an older generation — but they certainly still act young. Learn more about the other home buyer demographics as well right here!
Either way we look at it, that’s great for the real estate market.

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Condominiums,Credit Repair,HOAs,Home Mortgages,Home Renting,Home Selling,Land Contracts,Landlords,Real Estate Market,Rent-to-Own Homes,Taxes

4 Ideal Skills to Help You Sell Your Own Home the Right Way

21 Mar , 2016  

There’s a reason over 40% of Chicago-area homes go on the market without a realtor (and that’s just one city). FSBO has been getting hot lately, and there seems to be no signs of it slowing down, for obvious perks and reasons. However, when you sell your own home, know this: you’ll need the right resources by clicking here and taking advantage of how the market works with the new technology out there. But even more so….

You’ll Need These Five Skills to Sell Your Own Home Without a Problemsell your own home

Make no mistake: without these skills, you might be up a creek. Your property’s just going to sit there, and you’ll realize that there is, in fact, a real value to having a realtor do all the legwork for you. However, perhaps you want to save the time, the additional fee, and whatnot. Maybe you have the clout. Maybe you even know the legalities of what it will take to sell your own home all by yourself. Just be sure to figure out if you have these skills (and are willing to use them):

  • Researching — By ‘research’, of course, we mean putting your nose in the books and studying! Here’s why it’s important when you want to sell your own home by yourself.
  • Poker Playing — Are you good with bluffing, full houses, and straight flushes? Then you might be great at selling a house, and here’s why.
  • Model Photographing — Chances are if you’ve photographed the likes of Selena Gomez and every Victoria Secret model known to man, you shouldn’t have any issue selling your house’s curb appeal to a stranger. Want to know why?
  • Web Surfing — Seriously? You heard us correct. If you live for being on Facebook 24/7, there’s a pretty good chance you’ll have a leg up in the real estate selling market.

We told you you’d be a little shocked. These skills are actually essential pieces to the puzzle when it comes to selling a home. So you think you can sell your own home?

You Just Might Be Able to Make It Happen

Just click here for more info about other nifty tips and techniques to getting that home sold and in escrow in no time. Remember: social media is where it’s at. You have a wealth of prospect out there to get that home sold. Just be sure you have the time and commitment in your life. Otherwise, that realtor can be your royal flush in this poker game.

The post 4 Ideal Skills to Help You Sell Your Own Home the Right Way appeared first on Selling Your Home With Social Media.

The post 4 Ideal Skills to Help You Sell Your Own Home the Right Way appeared first on The Complete Real Estate Site.

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Condominiums,Credit Repair,HOAs,Home Mortgages,Home Renting,Home Selling,Land Contracts,Landlords,Real Estate Market,Rent-to-Own Homes,Taxes

Selling Homes in the East Coast — the Latest Rage in Real Estate!

23 Jan , 2016  

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You don’t have to be a real estate guru to know that the east coast so-called “blue” states over there are all about the real estate, real estate, real estate. Without a doubt, that’s where the market’s cutthroat, and it’s like a game of inches and timing. You strike when the iron’s hot, and you hope for some ROI in the process.

Thankfully, we have some good news for you: the entire national real estate market seems to be looking pretty good, primarily for home sellers, as home prices begin to skyrocket clear across the board –

But Just in Case You’re in One of These States, You Have to See These Numbers

Bear in mind that as a home seller, if you want some ROI for major investments you’ve made to your property and you’re looking to move out, you’ll want to wait until you start seeing these numbers. These are predictions. But as the real estate market continues to flourish as we see here, there’s no doubt that these predictions will shortly become realities. So let’s take a look:

Crazy, Right? Crazy Good!

Call that a touchdown if you will for real estate. This is a clear sign that, slowly but surely, our real estate market’s looking better and better.

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Condominiums,Credit Repair,HOAs,Home Mortgages,Home Renting,Home Selling,Land Contracts,Landlords,Real Estate Market,Rent-to-Own Homes,Taxes

Pride in the Midwest: Why the Real Estate Market’s Looking Up

22 Jan , 2016  

Good news for all! It looks like the national real estate market is ready for an upswing of home prices due to low inventory, and every single state will be feeling it very, very soon. Yes, this does include the Midwestern states we all love so dearly. The crossroads of America. The Mitten. The Windy City. You name it.

Each of these states will be a pretty good place to sell a home with optimal returns. So if you live in any of these states, and you’re planning on selling your home somewhere in these corn fields, take a look at the home prices first and see if you should plan ahead for pricing that home on the higher end of the big bucks!

Take One Look Here at the Entire Midwest and See for Yourself

There are a lot of states here; and all of them will be seeing that home price increase. So be prepared. This real estate market’s going to explode….

Pretty Serious With These Numbers….

And this is the heartland of America, so you know real estate’s not exactly a bread and butter, but a golden gem. So if this golden gem’s getting bigger, then it’s for sure — our real estate market’s looking up!

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Condominiums,Credit Repair,HOAs,Home Mortgages,Home Renting,Home Selling,Land Contracts,Landlords,Real Estate Market,Rent-to-Own Homes,Taxes

What Kind of Mortgage Down Payment Are You Looking For? It Might Depend on the State You’re In!

22 Jan , 2016  

They’re called mortgage trends, friends. Do the research here. Of course, we’re noticing that there’s one major trend going on in the real estate market, and that’s the higher down payment, but perhaps you might want to stick with something lower. That’s okay. Want to know why?

You Have a Budget, and While Down Payments All Over Are Increasing, Some States Are Still Lower Than Others

It, therefore, would be a good idea to take a good look at which states are averaging higher (or lower). We know that there are undoubtedly good reasons for offering that higher down payment for a home purchase. But if the budget’s not there, what do you do? Expand your possibilities to the states that do match your bottom line, right here:

These States Reported the Lowest Down Payment Averages in the U.S.

What About the States With the Highest Down Payment Average?

The Question Is This: Where Do You Want to Live?

Don’t you just love all this information? Hopefully this will help you in the decision you need to make. You need a home, right? Sign up today and get started with finding the right home in the right state for you.

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Land Contracts,Rent-to-Own Homes

Knowing the Difference Between Rent-to-Own and “Land Contract”

14 May , 2015  

Brace yourself: this is going to be difficult. As with anything in the real estate industry, you end up thinking you need either a real estate attorney or maybe Superman to wrap his brain around the concept of knowing the difference — between a rent-to-own and a land contract. Not even a kryptonian could honestly figure that one out (which is why you have our rent-to-own consultants helping you out with this one!).

What Is a “Land Contract” Anyway?

Get interested when a potential seller even mentions this term. It’s an intriguing way for a seller to rent to own Supermanbasically sell the home without giving up the title, basically. You, as the buyer, can purchase the home through contract and essentially pay “rent” (for lack of a better term), and when you’ve paid the entire purchase price for the home, the title to the property’s all yours.

In a way, it’s like leasing a car. You get to drive it. You get to maintain it. You get to go on a road trip clear across the country if you want. But you never get to own it — and that means you can’t sell it or perhaps even upgrade it — until you finish paying it all off. Certain advantages and slight disadvantages there, obviously. You can see why you might want to ask this along with other inquiries about rent-to-own.

Now a Rent-to-Own Is Slightly Different

The only way I can differentiate on this is that it’s largely dependent on an agreement typically made by the home seller. An offering for a land contract focuses mainly on the entire selling price — whereas a rent-to-own keeps it as a tenant-landlord deal for a specific period of time with an extra portion of each monthly rent going toward a down payment for ownership of the house.

It’s convenient. It’s flexible. And that’s the key. A land contract seals you in for the deal, for the long haul. You can’t back out of it without some form of penalty, because you agreed to basically own the house later on. But a rent-to-own simply offers the option — if you want it (which most of the time you would, provided you negotiate the best of terms for both parties).

You Can See the Striking Similarity

Like looking into a mirror or something. But don’t be fooled. A land contract is so different from a rent-to-own that it’s scary. Just be well-informed. Because while you might want to just stick with a full lease on a house and make those payments as if its a mortgage, know that you don’t have a lot of wiggle room….

But a rent-to-own? That’s a whole different story and superhero altogether.

To get help finding a rent-to-own home, click here.

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Rent-to-Own Homes

Watching Your P’s and Q’s as a Rent-to-Own Occupant

14 May , 2015  

The interesting thing about rent-to-own properties is how private and flexible they really are. There’s no specific basis for them, especially from a real estate broker standpoint. In fact, brokers and agents for the most part wouldn’t care too much about rent-to-owns, because there’s not that much in it for them. Typically, rent-to-owns are all about two parties, and that’s it: the rent-to-own occupant, and the owner. Because of that, there’s a lot of room for negotiation, but do be cautious.

Remember: as a Rent-to-Own Occupant, You’re Still Not Sharing Ownership of the Propertyrent to own checklist

You might even be completely solid on the fact that you will buy the property when the time comes. Even the contract will have an agreed-upon price and down payment after a set number of rent payments have been made. The landlord may know, without a shadow of a doubt, that you’re going to buy the property when the time comes. But you’re still a rent-to-own occupant. A tenant. And that means you don’t have the right to make decisions regarding the property without the owner’s approval.

So when asking the question — out of many questions to ask about rent-to-own — “can I just sell the house to somebody else and pay you the difference?”, know that you’re playing with legal fire in a big way, and you’re going to get burned.

Case in point: you don’t own the house, yet. You, therefore, can’t sell the real estate to anybody else.

One thing to know about your P’s and Q’s, though, is that your contract might allow you to rent out the property. You might even be allowed to hand over the rent-to-own agreement to somebody else, making that other person the rent-to-own occupant. It has to be in writing on the contract, though — or legally the landlord (owner) can simply say “no.”

Lots of P’s and Q’s to Worry About?

We can help, as we’re your rent-to-own consultants. You may be a rent-to-own occupant anytime soon, because you’re interested in the prospect. Just know that you have no P’s and Q’s running off; we’re constantly vigilant for you.

Check them out at RTO Reviews for more info about what they can do for you right now.

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Rent-to-Own Homes

5 Most Common Questions to Ask About Rent-to-Own

14 May , 2015  

People talk a lot about rent-to-own homes like it’s the new innovation in the candy business. After all, when the Snickers bar first came out, everyone was in a rush about the novelty and ingenuity of merging chocolate and nuts together, so the rage made waves, for sure! Rent-to-own is like that — it’s candy. It’s yummy. But if you’re not careful or haphazard about rushing into an agreement without asking the correct questions, you could get yourself into a lot of hot water (or wrappers all over your floor, plus a few toothaches).

Did I Mention “Questions”? Yes. Ask Them When Considering a Rent-to-Ownrent to own Snickers rent-to-own

The thing is not every seller/owner out there will say flat-out what the deal is. To them, they’re thinking they just need a tenant. But what about rent-to-own? I can imagine many sellers/owners would blink at the idea, so it is important to ask about it and know what you’re getting into.

There’s a lot of negotiation that comes into play with a rent-to-own, so it’s no surprise that questions get asked on a regular basis. The thing to remember is this: what are the right questions to ask? Clearly you have an advantage with all the rent-to-own reviews available in the market right now.

Only With the Right Consultant Can You Succeed

It’s imperative that you know that not everyone is in the know — especially sellers/owners. Most don’t know what the heck is going on, especially when they’re dabbling in the prospect of a rent-to-own. Our rent-to-own consultants can educate them. We can educate you. And we can make sure that rent-to-own works out well for both.

Check them out at RTO Reviews for more info about what they can do for you right now.

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