Real Estate New York
This website provides information on the different fields and levels of real estate as well as the different terms used in the real estate business. Both residential and commercial real estate topics are covered.
Let's face it; there are so many get-rich-quick schemes out there that it makes your head spin. This is a practical way to achieve millionaire status and stay rich forever--the same way that countless others have gotten rich. The time frame will probably take at least 36 months. But it could be shorter if you have the time and dedication to work this plan full time.
Adjustable rate mortgages (also known as ARMs) are one of the most common types of mortgages for homeowners. Adjustable rate mortgages have an adjusting interest rate that is tied to an established index. Your monthly payments will actually vary based upon several factors that are actually beyond your control. The decision between an adjustable rate mortgage and a fixed rate mortgage is a very important one depending upon your financial circumstances. The decision, like any major life decision, requires careful thought and consideration.
When it comes to preparing a home for presentation and sale, you'll find that nearly all sellers fit into one of five categories. Find out here in which category your home seller fits and how to make the sale a success.
You?ve probably heard this before: if you?re making a monthly rent payment, as opposed to a monthly mortgage payment, you?re essentially throwing your money away. Well, as common as the saying is, it?s not necessarily true ? in many situations, it?s actually much more advantageous to rent an apartment rather than own a home. Here?s why:
When buying a house, you can often inadvertently overlook the fact that a property can have hidden faults and problems that are potentially very dangerous. This situation is compounded if you?re buying a property for investment purposes as you have to keep in mind that you have a duty of care to your tenants.Building and pest inspections can help safeguard property buyers against investing in fault-ridden properties, and there are a number of things that you can keep an eye out for when house-hunting for that perfect home or investment.
Buying rental properties can be a great way to build your wealth. However, as in most real estate investment, it is sometimes difficult to know if you've found a good deal - especially the first time. Here are some things to look for to be sure that rental is a great investment.
Despite the opportunities that exist with either preforeclosures or bank owned foreclosures, I think there is also a certain amount of risk for the novice foreclosure investor in New York. Profits can be lost and foreclosure investing opportunities can be missed when you lack the proper real estate investing training.
If you're ready to buy the home of your dreams, but your credit or savings isn't quite ready yet, a lease with option to buy (often simply called a "lease option" or, somewhat inaccurately, "rent to own") may help you move in. Lease options, in which you lease (rent) a property and have the option to buy the property at the end of the lease term, can allow you to control a home that you want even if you don't have enough money for a down payment yet. A lease option may also be helpful if you need some time to improve your credit before you can get a good mortgage rate.
Property management is hard enough by itself so choose the right software program to help you. Now you have to find a good software program to get your growing business organized. Hand scribbled notes and mountains of paper are a thing of the past -- hopefully. Prices for property management software can range from $100 to $10,000 (or more), so don't buy more than you need.
Living with strangers, or even friends, can be challenging ? especially if it?s your first time living away from home. Learn how to divide the bills and chores in a winning style.