Real Estate

Managing Rental Property: DIY or Hire Property Manager?

Rental properties can provide a good method of wealth building, especially when the cost of buying property is lower than it has been in previous years and rents remain high. A real estate investor who has good credit can get a loan with a small down payment, buy a rental property and let the monthly rent make the loan payments. …

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Tips for Buying Foreclosures


According to RealtyTrac, foreclosure notices in October have increased by only one percent since the previous month. Although the past year has seen a steady decrease in the number of filings, it’s still a market with a great deal of profit potential for the real estate investor and bargain prices for the first-time homeowner. The overall process for buying foreclosures …

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How to Buy a Short Sale

One of the most visible effects a turbulent national economy has had on the housing market is the increase in houses and condos being offered as short sales. A short sale occurs when a house, condo or property is sold for an amount that is less than the balance due on the mortgage. At first glance, it can seem like …

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What Do I Need to Buy a Home


Many first time home buyers ask themselves – what do I need to buy a home, and how do I qualify for a mortgage?  Few people have enough money to purchase a house outright and must finance the remainder of the purchase in what is known as a “mortgage.” Personally, I find mortgages to be a necessary evil, but I …

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The Benefits of a Mortgage Sinking Fund

My family’s only remaining debt is our home mortgage, and one of our top two or three financial goals is to pay off our mortgage early. For the last couple years we have been throwing some extra payments against the mortgage off an on, without much regularity. We have enough money in savings to make a large dent on the …

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