The Experience You Need
House flipping has become relatively popular, in part due to television shows about the process that tend to make anyone think that they can be successful at it. In 2019, for example, more than 6% of all residential homes that changed hands were flips. Should you buy...
The real-estate market is painfully tight, and would-be homeowners are feeling the pinch. In a seller’s market, it can be hard to get enough money down on a home, especially when sales prices keep soaring over the asking amount. Rent-to-own can be a nice alternative...
Mistakes are easier to make than you think when buying your first home. The euphoria of the situation can cloud your judgment or cause you to overlook vital issues. Also, you have never done this before, and beginners in any field make mistakes. Here are some things...
Selling a home in the current real estate climate can be challenging. While this is true, you do have options. One option is a short sale. However, because of some of the short sale terms, it’s important to learn more about it to determine if it is the right option...
Buying a home comes with a lot of costs. Some you know about – closing costs, real estate commission, property taxes, etc. However, many homebuyers (especially first-time homebuyers) aren’t aware of other costs that may pop up. Knowing what these expenses are will...
A lot of the benefits of renting come with the fact that you don't actually own the property. You likely don't have to do maintenance, you have more flexibility with when you move, and things of this nature. That said, renting also means that you're spending money...
There is a lot of paperwork involved in the home purchase process – but you are, after all, making one of the biggest financial decisions of your life. Every detail is of the process is important, because once you sign the sale contract, the consequences of a mistake...
When someone lists a house for sale these days, they will likely see multiple offers, possibly over the asking price. With the Illinois real estate market so competitive, buyers have had to get a little more creative about acquiring homes. Going to a tax sale auction...
Some people save aggressively to make cash offers on homes, but they are only a small subset of people buying homes. It is actually quite common for buyers these days to come to the table with much less than 20% of the potential purchase price saved for a downpayment....
When you initially viewed your new home, the potential for an extension may have sealed the deal. Perhaps you want to erect a fence, to give yourself a bit more privacy? A dispute over the boundary of your property could put a halt to all of this. Essentially,...