Important Considerations When Buying Investment Property
It’s no secret that there are some investments that are better than others. For instance, while there are great gains to be made in the stock market, there is often too much volatility for a person’s risk tolerance. This takes away the main source of investing, as many people do not understand any other way to invest their money. With just a little research though, you can learn all about buying investment property as an excellent means to potentially increase your wealth. While it may seem like a straightforward process, there are things to pay attention to so you do not get sucked into a real estate trap. Here are a few important considerations: The biggest consideration is to make sure to do the research. While on the surface a property might...
Read MoreHow to Choose the Best Home Inspector?
Most people buy homes only once in their life time. Most of them make sure that they get the best deal ever. However, some others try to play smart by doing everything themselves and end up losing a lot of money. To make sure you get the best home that you can afford, you definitely need to hire a professional home inspector to check if there are any problems with the property. The “Do It Yourself” concept doesn’t always produce good results, and this is one of those cases where you should hire professional people to do their job. If you want your home-buying experience to be flawless, then you definitely need to follow these tips in order to choose the best home inspector for your future property: 1- Certification: The first thing to look for...
Read MoreBenefits of Holding an Open House
In real estate, being meticulous is an important part of dealing a purchase, whichever side you may be in. A seller would naturally have to present the property for sale as spotless and desirable as possible, while buyers would peek at even the minutest detail of a property. This is why there are a couple of different ways in buying and selling a house. Holding an open house is one of these. Although, through the years, more and more surveys show mixed results with regards to the public’s acceptance and turnout of the events, it is still, undoubtedly, one of the best and beneficial ways for both seller and buyer to present and see the goods. The seller Well, for one, an open house gets the property the exposure it needs to be sold. Since most buyers would...
Read MoreTop 5 mistakes when getting home equity
Rates have historically never been better, so nowadays the temptation to borrow against your home equity is very strong. However, many homeowners unknowingly make costly mistakes. Here are the top 5 mistakes people make when applying for a home equity loan. Mistake #1 – Not Knowing The Difference between a Home Equity Loan and a Home Equity Line of Credit A home equity loan is a one-time transaction that allows you to draw out all the funds available. A home equity line of credit (HELOC) is open; you can choose a small initial advance against the full amount of the line; then reuse the line of credit as often as you want during the period that the line is open. Your monthly payment is based on the outstanding balance. A general rule of thumb is: use a home...
Read More5 Top Home Improvements That Add Value To Your Home
Carrying out some home improvements to your home not only increase the functionality and usability of your home, if the right improvements are carried out then you can also add value to your home. For this reason it is important that you are aware of which improvements add the most value to make sure you are getting the biggest bang for your buck. I have listed the 5 top value adding improvements below which should make it easier for you to decide how best to spend your money, and get the best return for it. Build an extension to your home: This obviously has to add the most value to your property as you are increasing its size and adding to its functionality. Whether you are adding extra bed rooms or increasing the size of your kitchen, it does not really...
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Bev Schow
DRE #01867018
As a highly energetic and creative broker/agent and stock broker, Bev Schow has sold over 80 million dollars of real estate, is a member of the President’s Circle (the top 3% of all sales associates in the country), and holds both CRB and GRI designations. Read More.
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