Category: Real Estate

Foreclosure Real Estate Purchase Agreement – What to Expect

March 29, 2022

A foreclosed home is one where the homeowner was unable to pay their mortgage loan, so the lender took over ownership of the home through the foreclosure process. These bank-owned properties are also known as REO (real estate ownership). The process in Arizona is similar to other states and will be the basis of this…

A Jungian Psychology Approach to Anxiety

March 28, 2022

Anxiety is a very common disorder in today’s world, largely due to the fact that we feel rushed, pressured and pushed to perform, pay the mortgage, deal with children and, on top of all that, live a full life. No wonder we have anxiety. But what is anxiety trying to tell us? From the perspective…

Saint Lucia Real Estate Tips: 5 Ways to Green Living on the Caribbean Island

March 26, 2022

Saint Lucia’s rich biodiversity and natural beauty play an important role in the island’s culture and economy. The island’s two main industries, tourism and agriculture, depend on sustainable environmental practices. In 2004, the Pitons were listed as a UNESCO World Heritage Site due to their extraordinary beauty and unique ecology. Therefore, environmental awareness is a…

REO Agent Duties and Why Banks Need Them

March 25, 2022

Listing a property for sale and searching and selecting qualified buyers for this property are the responsibilities of a real estate agent or broker, but the responsibilities of REO agents are more than those of brokers. Real estate agents sometimes jump into selling REO properties as well because these properties are profit opportunities for the…

Renovation Loans: FHA 203(K), Fannie Homestyle Renovation Mortgage, and Conventional Rehab Loans

March 24, 2022

With a plethora of homes still being sold as short sales and foreclosures, renovation loans are becoming increasingly popular with homebuyers. Many family homes are being redesigned for additional family members these days. As rental housing costs rise, families decide to live together and save money. There are multiple situations that could apply: boomerang kids,…

Sell ​​a house in foreclosure

March 22, 2022

When most people are notified by their lender that their home is soon to be foreclosed, they think all is lost. While it’s a tough time, the good news is that you still have options that won’t hurt you as much financially, like a short sale. This will allow you to sell your home before…

How to Build a Steady Stream of Retirement Income

March 18, 2022

When you’re preparing for retirement, the key to building a successful nest egg is regularly saving more money for retirement and making investments that earn enough interest to significantly increase your general fund. By achieving these two goals, you can combine your retirement money into a very healthy fund to live on in your later…

Pros and Cons of Rent Back

March 14, 2022

This market has brought several challenges. Sellers who cannot and/or will not move until they know the money is in the bank and title has transferred. Many sellers request to retain possession and/or re-rent after escrow closes. Typically up to 30 days. I have seen some that need up to 90 days. Pro- For the…

A poor man’s guide to investing in real estate

March 12, 2022

Real estate investing is not just for the rich! You’ve probably heard the old saying “It takes money to make money.” Well, I’m telling you, a person with no money and no credit equipped with the right knowledge and knows how can do this just the same. This article covers how YOU can do it…

A clear and unbroken chain of titles

March 11, 2022

The chain of title is a clear and unbroken chronological record of ownership of a specific property. Tracing the chain of title simply means tracing successive transfers of title, starting with the current writing and going back an appropriate number of years. Each owner is linked to the previous owner and the subsequent owner through…