The lending landscape has dramatically changed in the past four years, and traditional banking lenders have gone from full speed ahead to full stop on speculative construction loans and construction-to-permanent loans to builders. Neither of these extremes is practical nor sustainable, but savvy mortgage brokers can set themselves apart in the coming years and help […]
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Investment Income, Rentals, Capital Gains & You Selling a house is an interesting and exciting time; in most cases, selling a home is something a person will only do a couple of times in their life, and will likely be overshadowed by the process of buying their next home, moving, and everything that goes with […]
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Chip and Jo got their start together by re-imagining the meaning of “home.” After five seasons of Fixer Upper, they’ve inspired the rest of us in more ways than we might realize. Joanna and Chip Gaines were “proud as punch” of the 800-square-foot home they transformed after they married in 2003, as Jo noted on […]
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Real estate investors choose to use hard money for many different reasons. The main reason is the ability of the hard money lender to fund the loan quickly. In most situations, hard money loans can be funded within a week. Compare that to the 30 – 45 days it takes to get a bank loan funded. […]
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The 7 biggest dangers when investing and what you must know to protect your investments today! 7 Dangers you should never make when investing: (1) Never close a loan without title insurance or without an up to date hazard insurance policy in effect listing you or your entity as loss payee. A clear title is important when […]
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Chicago’s Hottest Real Estate Markets The first three months of the year were very good to real estate sellers in Irving Park, the Near North and suburban Glendale Heights, according to Crain’s analysis of sales data released this week. We looked for places where three major attributes improved. Both the number of sales and the […]
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CHICAGO (MarketWatch) — Those searching for the best housing bargains on the market might consider buying a short-sale property. But there’s an important qualification for buyers interested in going this route: They need plenty of patience. In a short sale, a homeowner’s lender agrees to accept less than is owed on the mortgage for the […]
Continue readingDespite the Housing Recovery, Thousands of Homes Are Still Losing Value Years after the end of the recession, entire metro areas still find themselves left behind by the economic recovery. Nationwide, more than one-quarter of homes lost value over the last year. In some metro areas, the drop-off has been even more severe. Some housing […]
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Continue readingHow to leave endorsement review on the internet: Our goal each month is to help families create wealth and income and to solve problems with real estate and investing. We know that referrals are the best form of advertising and would really appreciate if you could take a couple of minutes to write a positive […]
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