Because foreclosures can be great deals, they are attractive to investors looking to flip properties or use them as rentals. Since investors can make all-cash offers with fewer or nocontingenciesand fast closings, their offers may be more attractive to the bank than those from would-be owner-...
Though Egner works in the home remodeling industry, he too warns consumers to watch out for shoddy work and corner-cutting with flipped houses. Often it’s the work consumers don’t see — the plumbing, the wiring inside the walls — that will cause trouble if a flip was done unprofess...
viewopen housetimes, request a private showing, and get directions to the property, all with one tap. The My Home tab is particularly useful and allows you to claim your home to view multiplehome value estimates, keep tabs on yourequity, and review local market trends. There’s even an i...
8. Is it better to rent or buy? The decision to rent or buy is truly a personal decision. There is no clear cut way to assess whether buying or renting is a better financial decision. The decision rests on several factors, such as interest rates, property values, down payment requiremen...
If you want to violate the 30/30/3 home-buying rule, then at least consider the following: Rent out a room or a portion of your house Create a businesson the side to have a legitimate way to deduct a home office and other expenses like internet ...
I went to several open houses in West Portal, Forest Hill, and St. Francis Wood recently and bumped into five couples with kids who are considering attending CAIS or who are already at CAIS. So I think the hunt for west-side properties is already on in anticipation of theschool's Septe...
I’ve never lived in a Queenslander and never thought I would but walking past these magnificent beauties every day on my strolls around the neighbourhood has made me want to embrace fully our return home, including living in one of these glorious old houses. The Queenslander style home ...
Maybe this is just a Toronto thing. Let’s go to a city that has seen its housing market really fall on tough times as a result of the oil collapse, PLUSrent has actually gone up over the last year. The average rent in Calgary is roughly $1,200andthe average cost of a property is...
The only thing I need to worry about each month is picking up the $1,200 rent check and taking it to the bank. Love it! Savings = Roughly $0 #6. Peace Of Mind I saved the best for last. Peace of mind. The bank has absolutely no idea that our rental house exists,and that makes...
I’m going to be almost 100% playing with the houses money which means I can’t lose (Thanks Jim Cramer!). If I was anyone else, I wouldn’t be so aggressive, and make sure I had 30% in cash to prepare for the next crash. Maybe its next month, maybe it’s in 2017? It’s...