Distressed properties aren’t always bargains. There is, however, the potential to discover a great deal among them. Typically, a property becomes distressed because the owner faces financial devastation, and there is no other recourse than to sell. Of course, if a home has fallen into a state of serious disrepair, this too is a distressed … Continued
Which repairs are deal-breakers and which have acted as placeholders for a wise investor like you to come along? Buyers want homes ready to move into and often lack the time, patience, or imagination to consider less than perfect houses. Homes with less curb appeal typically tend to sit longer on the market. The best … Continued
Liens are legal claims or encumbrances against a piece of property in an attempt to settle an outstanding debt by taking possession of the property or by taking the proceeds should the property sell. One of the most critical legal steps in real estate transactions is performing a title check, thereby ensuring that the title … Continued
Selling your home is a big decision. Selecting the best method for your specific property and unique personal circumstances, either on your own or with a real estate agent, is one option. The other is selling directly to a professional investor. The best choice depends on many factors and can mean the difference of a … Continued
The inspection contingency in your sales contract is an inescapable reality with a traditional real estate transaction. Many Richmond home sellers fear the unknown of what lies behind their walls or under the floor. The best practice for home sellers is to have a pre-inspection before getting an offer. However, we will now explore what … Continued
With so many options available to sell your home, it can be confusing to know which sales method best suits your home and your unique circumstances. Wouldn’t it be nice to get a fair price for your home by selling your house to a direct buyer without going through all of the hassles of listing? … Continued
Finally, it’s time to put up the sale sign, get offers and sell the home. If only it were that easy. While it may not sound complicated at first thought, the process of selling a home has several aspects that sellers must consider to bring top dollar promptly. As difficult as it may be to … Continued
As with any profession, real estate agents can perform their duties in a less than perfect manner. While most real estate agents are top-notch professionals, it can be costly to be unaware of the signs of a bad agent. Therefore, it is helpful to know the following five ways that bad Richmond real estate agents … Continued
Should you sell outright or keep your current house and convert it into a rental property? Whatever the driving force may be behind your needing to move on to a new home and leave this one behind, you should make your decision about whether to sell or rent your home out, with an eye towards … Continued
Buying a home is one of the most significant investments of your lifetime. In addition to cashing in on your equity, did you know there were deductions available for the expenses you encounter when you’re selling your house? You can keep even more of your profits by utilizing these tax benefits to your advantage. You … Continued
Are you an estate representative who needs to liquidate an estate and wonder how to have an estate sale? While typically held after a loved one has passed, estate sales may be helpful when going through a divorce or other personal transition which requires the disposal of a household full of items. Going through all … Continued
You’re trying to sell a Richmond Virginia house that just won’t sell? And yet – the news says the real estate market is heating up. The media is practically shouting again about multiple offers, high demand, and record-setting prices. So where’s your contract? These tips could be just what you need to help you sell your Richmond … Continued
First, we’re so sorry for your loss. This can be a very challenging time for many reasons, and dealing with property ownership is tough at the best of times. You’re thinking, “I inherited a house, what to do with this house?” Should I rent it? Should I sell it? How should I sell it? Tons … Continued
If you’ve gotten a foreclosure notice of default and want to know what the heck is going on, keep reading. Basically, a foreclosure notice of default is a document that has to be filed by a lender to start the process of foreclosure. The foreclosure notice of default must be sent to anyone who has … Continued
When you fall behind on your mortgage payments on your Richmond home, it can feel like you’re drowning in debt. Even if you’re able to make your monthly payment, catching up on a past due balance can be an overwhelming challenge. There are a few options that can help you to avoid foreclosure in Richmond and … Continued
