Archive | Finance

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Making Money in the Property Industry

Before the banking crisis of 2008, property investment was a booming business that made substantial profits for big and small investors alike. Anyone with sufficient drive and determination could renovate a house and sell it for a healthy profit, and it was a good business to be involved in. That changed post-2008, initially because of […]

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Are You Financially Ready to Buy a Home?

Everyone dreams of owning a home. Maybe your dream home has the perfect white picket fence or a beautiful red door. No matter what your dream home looks like, it’s not always clear whether you’re financially ready for this big step. Buying a home is one of the biggest financial decisions you’ll ever make, so […]

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How to Avoid a Foreclosure on Your Home

Many homeowners often do not want to admit they are facing foreclosure when struggling with their finances. Yet, it is important to be realistic about your financial situation to prevent losing the property over your head and damaging your credit score. If you have mounting financial problems that will not disappear, here is how to […]

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modular building

How to Get Financing for Modular Home Construction

With inventory at an historic low, many home buyers are ditching the market and building their own homes. For many, modular homes are the ideal solution, offering a quick build time and a more affordable price tag. But financing any new home construction is more complicated than buying an existing home. If you’re considering building […]

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Realizing the Dream: Home Ownership is Within Your Reach

For many individuals, the most difficult part of buying a home isn’t getting the right one; it’s getting a mortgage. Asking a financial institution or a bank to lend a lot of money isn’t something a lot of people often do. In any case, buying a home represents the biggest-ever purchase for most Americans, and […]

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Things You Should Know About Property Taxes, and Probably Didn’t

The phrase tells it all. Property tax is the tax that you’re required to pay by the national, county, regional, state government or some other local jurisdiction for owning real estate property. When looking to buy or own property, most people barely consider that property ownership goes beyond mortgage repayments. Paid either monthly or annually, […]

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5 Key Things to Understand About Jumbo Mortgages

A jumbo mortgage or jumbo loan is a kind of home financing that the amount exceeds the loan limits set by the FHFA (Federal Housing Finance Agency). This amount varies depending on location. For most counties, the maximum limit is $417,000. For a few upscale counties with several luxurious homes, the limit increases to about […]

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property taxes

The Rise and Rise of Property Taxes

Anyone who’s currently looking to buy a home or works as a property developer or investor should take an interest in the property taxes that are currently in place. There are so many variations depending on which country you live in, and even the local government restrictions and rules within each country. There are also […]

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REIT

REITs: A Property Investment Option if You Have Limited Funds

When it comes to investing, putting funds into real estate has long been a way people across the country have made substantial profits. However, while you might be keen to join their ranks and invest your money into housing or another type of property, if you’re like many Americans, you might be putting this off […]

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How to Boost Your Chances of Getting a Home Loan

Do you dream of owning your own home? If so, you may also think about home financing and wonder if it’s going to be easy or hard to get. Today, we want to share information about how to boost your chances of getting a home loan. Since few people are able to pay for homes […]

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Home Ownership For Low Earners: Is It Still Possible?

In all honesty, there’s no getting around the fact that buying a house can often seem like a privilege for the privileged. If you have money, either from your income or family, homeownership is easy enough to achieve. Some privileged individuals even go as far as buying many properties to either rent out or use […]

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What Happens If Your Default On a Mortgage Loan?

When you apply for a mortgage loan, it’s usually hard to predict the unexpected. You could lose your ability to make your monthly mortgage payments due to an illness, job loss or other problem. When this happens, you’re likely to get a foreclosure on your home. In most cases, you and your lender will sign […]

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3 Ways to Crowdfund Real Estate

In recent years, crowdfunding has become a popular way for businesses to raise money, from charities to tech startups. After the passage of the JOBS Act in 2012, companies have been able to market formerly private investments to individuals, allowing for the growth of crowdfunding as a way for startups and other small businesses to […]

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