McKissock

MAY 15, 2023

You’ll need to know whom you’ll mainly be working for (banks, individual homeowners, investors). Consider establishing side businesses such as home inspection, staging, and perhaps even brokerage. (It Joseph Dobrian has been writing about commercial and residential real estate, and real estate-related finance, for more than 30 years.

Commercial 71

Commercial Branding Residential Banks 71

Realty Biz

APRIL 8, 2022

The exact words differ between Fannie and Freddie but in essence both require HOAs to provide information about significant deferred maintenance or if they have received a directive from a regulatory authority or inspection agency to make repairs due to unsafe conditions. It’s not only affecting buyers and sellers of individual units.

Finance 73

Finance Loans Construction Property Management 73

Toronto Realty Blog

NOVEMBER 13, 2023

He fills out all the forms associated with the “Welcome Package” for the building, provides a post-dated cheque so the property manager can withdraw monthly maintenance fees, and even books the party room in the building two months out for his girlfriend’s birthday.

Purchase and sale agreement 106

Purchase and sale agreement Residential Closing Pre-approval 106

HomeLight

JANUARY 27, 2021

Does your would-be agent have a seemingly endless rolodex of all the best lenders, contractors, inspectors, and property managers in the area? Home financing. You can usually shop around for the home inspection , title and settlement services, and home insurance. A great agent also has relationships across the industry.

Closing costs 117

Closing costs Loans Inspection Earnest money deposit 117

HomeLight

MARCH 6, 2023

You know, with their first home, you can maybe get a grant for them from different banks. And the trick with saving money is to put it in a separate bank account. It’s not to have let it be in your normal bank account. With the long-term holds, I personally use property managers. We did an inspection report.

Agents 57

Agents Investor Property Management As-is 57

Marco Santarelli

SEPTEMBER 19, 2023

You learn about various financing options, appraisals, contracts, and property management. You also gain practical experience and learn how to evaluate real estate properties. A property in a desirable location is likely to appreciate in value over time, providing a solid return on investment.

Purchase and sale agreement 52

Purchase and sale agreement Finance Due diligence Investor 52

McKissock

DECEMBER 28, 2021

Nonetheless, it would be prudent for appraisers to refresh or develop their knowledge on appraising REO properties.”. Appraisers should consider learning more about desktop appraisals and the hybrid/bifurcated appraisal process and using remote inspection tools such as RemoteVal ,” she advises.

Lending 96

Lending Residential Commercial Technology 96

HomeLight

MARCH 13, 2023

You are either replumbing the house, rewiring the house, or putting a new roof on the house prior to closing so that a financed buyer can get insurance. Airbnb owners get tired of paying management fees and dealing with customer complaints and negative ratings, but they have too little equity to sell the traditional way.

Sales 78

Sales Investor Due diligence Renovation 78

Norada Real Estate

OCTOBER 12, 2020

Property Value: $250,000. Total Expenses: Property manager salary – $20,000. Inspection and broker fees – $5,000. Lastly, we can use this number to calculate the cap rate of the property. 13,000 (NOI)/$250,000 (property value) =.052, Property management salary. Property taxes.

Investor 85

Investor Inspection Renovation As-is 85

HomeLight

NOVEMBER 21, 2022

However, Richter cautions FSBO sellers that private appraisals may differ from bank appraisals. “I Without carefully vetting the buyer, the sale could go up in smoke if you accept an offer from the wrong buyer who can’t obtain financing. Have the pre-inspection done so that you can be ahead of any potential issues,” Richter suggests.

Purchase and sale agreement 74

Purchase and sale agreement MLS Pre-approval Agents 74

Toronto Realty Blog

MARCH 1, 2021

I tell my clients that a rudimentary measure of potential interest on offer night is to divide the requests for the status certificate, or in the case of a house – the home inspection, in half, and that’s how many offers you might expect. This offer is for $725,000 with a $36,000 deposit, no conditions, and a bank draft attached.

Finance 113

Finance Agents Banks As-is 113

Marco Santarelli

MARCH 8, 2021

Although the closing costs are significantly higher and a little more complex when you’re purchasing multi-unit properties or multi-family properties of that scale. You’re definitely going to be paying a lot more in terms of the appraisals, the inspections, the complexities of it, etc, but it’s still one transaction.

Finance 111

Finance Investor Property Management Commercial 111

GeekEstate

DECEMBER 29, 2022

After the unanticipated booming housing market of 2020 and 2021, this year was a doozy for players on every side of the equation: sellers and buyers, brokerages, property managers, landlords and tenants. 2022 will be the year that the deep intertwining of real estate, finance, and wealth management becomes utterly apparent.

MLS 64

MLS Title Residential Brokerage 64

Dwell Real Estate

JUNE 7, 2021

All inspections completed and move in ready! A large custom bank of built-in cupboards serves for tons of storage. Everything about this home spells excitement to a buyer who wants to walk or bike to the beaches and have fine dining restaurants, nightlife, shopping, parks, banking and community venues just down the street.

Design 40

Design Branding As-is Closing 40

Marco Santarelli

AUGUST 2, 2020

About 1 percent of Redfin customers waived either a financing or inspection contingency last month. These could include open houses, and homes in the pre-foreclosure, auction, or bank-owned stages of the foreclosure process. Home sales in the city of New York, NY in June 2020 were down 46 percent from last June.

Marketing 142

Marketing Sales Pre-approval Investor 142