A few years ago we purchased a 2 bedroom 1 bath foreclosure condominium in a highrise building built in 1966. The condominium has 3 old HVAC systems that are fan coil units. All 3 appeared to be original equipment so we knew they would need to be replaced them at some point in the near […]
How to Get Your Wired Funds Back When Scammed! #realestatetips
Two years ago, we bought a 3 bedroom townhouse. We took a cashier’s check to settlement. We thought it was sufficient. However, the settlement agent told us we had to wire funds to the settlement company’s account. We had never wired funds before, and we are very suspicious of wiring large amounts of money. How […]
Chasing #Foreclosures! The Jacuzzi Condo! #foreclosure
It’s Foreclosure Saturday! We have a standing appointment every Saturday to meet with our Real Estate Broker and look at foreclosures. We believe the real estate market is poised to take off and we want to be on-board the rocket ship! Therefore, we are always looking. When you think of foreclosures, you probably think of […]
3 Steps to Lower #RealEstate #Taxes! #taxcut #taxcuts
The lower your taxes, the more money you keep in your pocket! According to an article by Ilyce Glink and Samuel J. Tamkin, there are three easy steps to make sure you are paying the least amount (legally) for your property taxes. Homestead Exemption Property Tax Appeal Comparable Homes Appropriate Homestead Exemption Check with your […]
5 Signs of a Motivated Seller! #realestatetips #realestateadvice
What is a Motivated Seller? A motivated seller is an individual who is anxious to sell a real estate property. Examples of reasons they are anxious to sell include: Financial Difficulty Medical Issues Divorce Job Relocation Bad Tenant Absentee Owner Why look for a motivated seller? Motivated sellers need to get out from under the […]
How to Buy Your #FirstHome! #firsttimebuyer #newhome #housing #homebuyer
Owning your own home is the key to building wealth in the U.S.A. Why? 2 reasons: Appreciation — Over time, real estate increases in value Tax Benefits — Federal and State Tax deductions of mortgage interest and property taxes If you would like to purchase your 1st home, and you are starting from ground zero, […]
Chasing #Foreclosures! The Fully Upgraded House! #foreclosure
It’s Foreclosure Saturday! We have a standing appointment every Saturday to meet with our Real Estate Broker and look at foreclosures. We believe the real estate market is poised to take off and we want to be on-board the rocket ship! Therefore, we are always looking. When you think of foreclosures, you probably think of […]
How We Got Started #Investing in #RealEstate! #invest #realestateinvestor
First Investment Property We bought our first investment property in the late 1980s. We had been married for 5 years. We both worked full-time. We paid our bills on time, so we had good credit. We didn’t need tens of thousands of dollars for down payment because we could assume the existing loan on the […]
Chasing #Foreclosures! An Excellent 2 Bedroom Condo! #foreclosure
It’s Foreclosure Saturday! We have a standing appointment every Saturday to meet with our Real Estate Broker and look at foreclosures. We believe the real estate market is poised to take off and we want to be on-board the rocket ship! Therefore, we are always looking. When you think of foreclosures, you probably think of […]
When Searching for #RentalProperty Inspect #HVAC! #propertybrothers
We meet with our Real Estate Broker on a regular basis to look for good real estate investment properties. As soon as we enter the property, we look for the HVAC system … Why? The heating ventilation and air conditioning (HVAC) system is one of the most expensive items in a home. If the HVAC […]