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Month: May 2018

How Does Rent to Buy Property Work for Me?

Rent to Buy is simply a way to buy or sell something, except that the transaction does not take place immediately. The buyer and seller basically agree to the possibility of a sale sometimes in the future, usually in a few years' time, and draw up a contract agreement. In the meantime, the Rent to Buyer lives in the property, and pays rent to the Rent to Seller, which also contributes to reducing their house deposit when they go to purchase the home in the future. This agreement drawn up for a Rent to Buy property through Homes with Options has positives for both the Seller and Seller, and the flexibility of each individual contract means it can cater to both sets of needs. Buyers For Rent to Buyers, one of the main benefits is the ability to live in your ideal property sooner than you thought. This allows you to begin any desired work or home improvements to the house, and starting creating your ultimate home before you've technically purchased it. It means you do not have to wait and rent somewhere else while you're saving up for a deposit, and if you've found your dream house you can secure it already, even before you can fully afford to. Rent to Buy also means that you are not throwing away your rent money into a property that you...

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5 Effective Tips To Sell Your House Fast

If you are able to close a deal within 5 to 6 weeks from the time you put your house for sale then you are considered lucky. It is rare that a house sells that immediately. More often houses stay on the market for calendar months without having any offer and the proprietor is later forced to lower the value in order to recover from the entire process. To obtain a reasonable deal and to be able to sell your house fast, the initial thing you need to is get a real estate agent. Imparting the job to an expert is the best option for selling your house. An outstanding Realtor has knowledge of how to promote your house. He would even advise the following hints for you to help you sell your house fast: 1. Set the Suitable Price – The most essential element in selling a home quickly is to price it right. Frequent mistake agents make is pricing way too high. They think that if they make their price high, they may still be fortunate to keep the price manageable after offers and counter offers. It is strongly suggested to begin with the average price than beginning with the preferred net gain. The latest selling prices as well as the fair market value might help you decide the right selling price of your property. Do not...

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Why Atlanta is a Great Place to Invest in Real Estate

I'm sure that you have heard plenty of stories about why now is the time to invest in real estate. While many so-called investors are running for the hills, there are some who understand that this is the time to buy, and they will do very well. There are so many great investment deals throughout the country, why would one want to consider Atlanta? First of all, there are many regentifying neighborhoods within the city. These areas provide many opportunities for investors to get a property at a discount, rehab an older property, and then either hold or sell. Some other trends that will continue are Atlanta's steady growth rates, the search for creative solutions to its traffic issues, and the future improvement plans within the city, including the redevelopment of the beltway. Second, there are not big swings in property values ​​year after year. Values ​​have generally been growing at about 2-3% a year. Even if there is a slight decrease in value over the past year, it is not a massive drop as seen in parts of Florida which have dropped about 25% in a year. One of the big reasons for drops in values ​​over the past year has been a huge increase in foreclosures in the Atlanta area. There are so many short sale opportunities and such a great inventory of REO properties that lenders...

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How to Buy a Home With a Dark Past

On occasion you may come across a house that is perfect in every way, except for a few small details. A crime may have occurred there or someone (or a series of someones) may have died in the home. While most realtors will be up front about this reality you may have some concerns when it comes to buying a home with a dark past. There are many ways to alleviate the concerns you may have about your potential home, but in the end you may decide that the events that have occurred in your home make the home not worth buying. When confronted with a home with a dark past people generally have one of two reactions. You may be interested in knowing what exactly went on in the home you are considering buying, and once the details are known you may reconsider. The home could end up being a perfectly wonderful home for you and your family, or you could be incredibly comfortable living in the house because of past events. You might even get a better deal on the home because of its dark past. If the home has a history of violent crime the price may be lowered because of the negative publicity that has been centered on the home. While there may be no evidence that any violent crimes have occurred in the house...

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How to Come Up With a Offer Amount When Buying Your First Home

So you found a home you want to buy and you think you are ready to go. However, there is one problem. You do not know how much to offer. If your offer is too high, you can overpay and feel like you were tricked. If you bid too low, you risk offending the seller and watching helplessly as your dream home slips through your fingers. When sitting down with your real estate agent and attorney there are five different factors that should guide your offer amount. Market Temperature – When there are more houses than buyers, then its usually a good time to snatch up a deal. However, if you are buying in a more desirable neighborhood you may think you are in a buyers market, but you are really in an isolated pocket which leans towards the seller getting close to asking price. Simply speaking, a buyers market is a good time to bid low, while a sellers market requires offers to be closer to asking price. Recently Sold Comparable Properties – It is important to remember that your offer should always be lower or comparable to what your neighbors paid for their house. The reason why is because your mortgage lender will be doing the exact same thing in comparing your appraisal value to the neighbors. You may want to overbid to ensure that you win...

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