People will often buy a house only to have their needs change as the years go by. Paying a mortgage on an unwanted house can be incredibly stressful and frustrating. In this post, we offer 5 ways to get out of your mortgage in Richmond so you can move on with your life! Paying an … Continued
Do you lie awake at night worrying about how you will afford your retirement years? Creating passive income will bring you worry-free nights about your future. The goal of investing in Richmond real estate is twofold, creating long-term passive income for your retirement and increasing your current monthly income stream. If you are interested in … Continued
As you continue to build your investment portfolio, you will be able to achieve financial freedom and begin living the life you envision. You can start checking off everything on your bucket list earlier and continue living life on your terms through carefully planned Richmond real estate investments. Sounds great, right? So, how do you … Continued
Real estate equity is the difference between what you may owe on the property and what the property is worth on the current real estate market. The longer you wait to become serious about investing, the longer you wait to build equity, limiting your lifetime earning potential and shortening the time available to add the … Continued
While flipping is a great way to make a quick profit, this endeavor requires realistic expectations and well-laid-out plans for every step of the process in advance. All too often, wide-eyed first-time buyers entering the fix and flip market are excited by television shows that make the process appear quick and easy. While it is … Continued
Are you ready to sell your home but are hesitant because of the high commissions paid to a real estate agent? Would you rather not deal with paperwork, marketing, legal issues, showings, and all other hassles of listing for yourself? Did you know there is another option? With a direct sale, you can bypass all … Continued
Selling your house in Richmond? Don’t want to pay commission but not interested in listing yourself? Why not examine the method of selling directly? There are a significant number of pros to consider. If you’ve never really explored working with a professional buyer, you may be surprised to learn why so many choose this option. … Continued
Overwhelmingly, real estate agents honorably perform their professional duties. However, sellers like you are just one of many when an agent focuses on the almighty dollar instead of fulfilling their fiduciary duty to you. Read on to discover five of the signs of a bad Richmond real estate agent. Trust A fiduciary relationship in real … Continued
Have you ever considered selling your house directly? Sellers facing the reality of repair costs are all too often overwhelmed with the work, time, and expense of readying their home for a traditional listing. Selling on your own or with a licensed real estate agent entails much of the same process. While you’ll potentially save … Continued
The competition is fierce when making an offer and buying a property in today’s Richmond real estate market. But, unfortunately, when a bidding war begins, emotions can get the best of the most experienced investor. So it is crucial to consider the genuine possibility of a bidding war, preparing yourself in advance to avoid costly … Continued
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
