Lately, a lot is being said about real estate auctions. Buyers are finding this option attractive mostly because of pricing, especially in times of economic distress when everybody is looking for bargains. However, there are several risks associated with buying properties this way. First, some auctioneers do not give the…
Real Estate
Looking around your home, you might see a hundred different areas and aspects that could be repaired, upgraded or improved upon. Everything from the light fixtures and towel racks could be changed out, and from paint colors to appliances could be updated. So where do you begin? To determine the…
The short sale is a situation that occurs close to the early stages of a foreclosure. A lender allows the homeowner to sell the property for less than the amount of the outstanding principal on the mortgage. Biggest Benefit is Time-Sensitive The lender will accept proceeds of the transaction and…
As the name suggests, a Quit Claim Deed is a contractual document that is most commonly used to relinquish or “quit” a claim to the deed of a piece of real property. By signing a quit claim deed an individual or “grantor” is releasing any claim on the property in…
A short sale is the sale of an asset, in this case, your home, for less than the remaining loan balance. Qualifying for a short sale is limited to individuals who have suffered long term hardships and are now unable to maintain their loan and to those individuals who must…
We have all seen housing prices drop the past few years, as home owners watch as their net worth falls as the price of their homes plummet in value. As the credit markets slowly begin to thaw, and as banks and other lending institutions implement new policies on home loans,…
Flipping a house will be successful in any kind of market. It follows a process that is not linked to any particular time period or economic condition. The success in buying a home, fixing it and reselling comes from finding the value in the home and creating value in a…
While the majority of the population of the Cayman Islands lives on Grand Cayman, anyone looking to purchase property shouldn’t avoid looking at the two smaller islands in the cluster: Cayman Brac and Little Cayman. Both offer advantages that their larger sister island doesn’t, and they are suitable choices for…
Families and individuals interested in owning a seaside home should be sure to survey property in the region of Northern Cyprus. This region is one of the best-kept secrets of the Mediterranean. Property there is surprisingly affordable despite the high standard of living, low crime rate, and natural beauty of…
Saddle River New Jersey is a little borough of about 3300 residents, many of whom are actors, professional athletes, and dignitaries. While Saddle River is only 20 miles from all the action in New York City, the town offers a peaceful haven for residents to come home to. Its first…