Real Estate Blog

One of the advantages of investing in real estate is the sheer variety available to you. There are multiple ways to invest in real estate, and there is no definite amount of money required. The same can be said for the time commitment. But despite the sheer number of ways to invest in real estate, they all belong to one of two major subcategories: passive and active.

Real estate investors, you may have encountered coming across some empty land that’s being put up for sale in your quest to buy and sell properties. And you may have thought to yourself, its just vacant land, why should I buy it when all I’m looking for is to close lucrative deals on homes?

The home deal has reached into the final stage. You have accepted the offer and the closing date has come nearer. The buyer is about to do the final walk through. As a seller, you should remain careful about some things that can kill a real estate deal. The sellers should ensure that they don’t take the process of final walk through lightly and make proper arrangements for it.  Below we have discussed the things sellers should remain careful about during the final walk through and make adequate preparations for them.

1. Completion of negotiated repairs

The completion of negotiated repairs assumes a big importance during the final walk through. You should complete the repairs as negotiated during the previous inspections. Make a list of the required repairs and check that they have been completed. The list helps you to remember the negotiated repairs and you don’t forget them while taking care of the building before the process of final walk through. Try to get the things completed ahead of time, say a week before, so that you can make amends if something goes wrong. Have the contract with you during the final walk through.

A Contract for a deed is also referred to as ‘land contract’, ‘bone for deed’ or ‘installment land contract’. A contract for a deed means a transaction in which the seller of the property finances the sale of the property. The buyer pays a regular amount of money in monthly installments. The seller retains the legal title of the property until complete payment is done by the buyer or the contract is fulfilled. The buyer takes instant possession of the property by paying a small amount of down payment. If the buyer fails is not able to fulfill the terms of the property then the seller has the right to repossess. And once the seller repossesses the property he or she has to repay the purchaser with a reasonable sum for lease and also for the reasonable value for enhancements to the house.

In real estate circles, one topic that comes more often than not when discussing how to sell your house is this – is staging your house a good tactic to convince prospective buyers, or there’s no need for it?

There are some real estate agents who believe that the way houses can be readied for clients can result in faster, even higher offers. However, some are of the view that staging a house is nothing more than a waste of money and time for the seller.

Any purchase in the commercial real estate industry is a huge investment. To the contrary, due diligence in commercial property investment is rarely talked about. Other factors such as raising money and negotiating the deal are mostly given more attention. Whether you’re a commercial real estate professional, tenant, buyer or seller, understanding the importance of due diligence is vital. Conducting due diligence helps you avoid costly mistakes and improve your skills as a real estate investor. Investors who focus on other aspects of the deal and fail to do the essential research most make expensive mistakes at the end. Below are the top due diligence mistakes from a 31-year investor that you should avoid.

You might have heard many people complain about how they lost their investment when they bought a property? Or how they were not able to make the most out of a deal that apparently looked too good to be true? The reason behind them saying these things is that they probably didn’t do their research right and jumped to seize the apparently great opportunity. It is really important to educate yourself before you come to a conclusion and learn a thing or two about the mechanics of investing in real estate. Here are some boxes to check before considering a real estate investment.