What is a bridge loan and how does it work? (Podcast)
What is a bridge loan and how does it work? (Podcast)
A bridge loan can give you the cash you need to buy a home in today's hot market without selling your existing home first.
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A bridge loan can give you the cash you need to buy a home in today's hot market without selling your existing home first.
A bridge loan can give you the cash you need to buy a home in today's hot market without selling your existing home first.
How does a home equity loan work? As home values increase, so does the amount of equity available to homeowners. But home equity isn’t liquid wealth; the money is tied up in your home. To access your home’s value, you either need to sell or take out a loan against the property. One option is a cash-out refinance, which lets you tap equity and refinance your existing loan, sometimes to a lower rate. But what if you’re happy with your current mortgage? Another option is a home equity loan, o...
How does a home equity loan work? As home values increase, so does the amount of equity available to homeowners. But home equity isn’t liquid wealth; the money is tied up in your home. To access your home’s value, you either need to sell or take out a loan against the property. One option is a cash-out refinance, which lets you tap equity and refinance your existing loan, sometimes to a lower rate. But what if you’re happy with your current mortgage? Another option is a home equity loan, o...
Timeshares are a vacation lifestyle product, otherwise known as “vacation ownership.” In simple terms, a timeshare is a resort unit that allows owners to have an increment of time in which they can use for vacations every year. They are usually a lifelong product, which owners can use for vacations every year. Essentially, when you become a timeshare owner, you are paying for a lifetime of vacations upfront, which can save you thousands of dollars over a lifetime of travel. Besides owning yo...
Timeshares are a vacation lifestyle product, otherwise known as “vacation ownership.” In simple terms, a timeshare is a resort unit that allows owners to have an increment of time in which they can use for vacations every year. They are usually a lifelong product, which owners can use for vacations every year. Essentially, when you become a timeshare owner, you are paying for a lifetime of vacations upfront, which can save you thousands of dollars over a lifetime of travel. Besides owning yo...
When it comes to the value of a home, it may seem pretty straightforward. There may be some negotiating back and forth between a Buyer and Seller, but once both parties agree on a price, that should be it, right? Unfortunately, most of the time a contract is contingent on an appraisal. Especially when there is financing involved. Some buyers and sellers may even be surprised to find out that an appraiser must give their "stamp of approval" on the purchase price before moving forward....
When it comes to the value of a home, it may seem pretty straightforward. There may be some negotiating back and forth between a Buyer and Seller, but once both parties agree on a price, that should be it, right? Unfortunately, most of the time a contract is contingent on an appraisal. Especially when there is financing involved. Some buyers and sellers may even be surprised to find out that an appraiser must give their "stamp of approval" on the purchase price before moving forward....
If you don’t want to feel stuck with a mortgage for longer than you have to, there are a number of ways to reduce the interest you’ll pay over time and shorten your home loan’s life. One of the ways you can accomplish this is through a home loan offset account. In this article, we’re... View Article
If you don’t want to feel stuck with a mortgage for longer than you have to, there are a number of ways to reduce the interest you’ll pay over time and shorten your home loan’s life. One of the ways you can accomplish this is through a home loan offset account. In this article, we’re... View Article
Those looking to buy a home often turn to a buyer’s agent to act as a single agent on their behalf when going through the home buying process. But, sometimes, someone that is not connected to the seller’s agent may bring an offer to the table. This person is called a subagent, and they work with the seller’s agent (and the agent’s brokerage) on behalf of the seller. In this article, we’re going to explore everything you need to know about what a subagent does, their responsibilities, l...
Those looking to buy a home often turn to a buyer’s agent to act as a single agent on their behalf when going through the home buying process. But, sometimes, someone that is not connected to the seller’s agent may bring an offer to the table. This person is called a subagent, and they work with the seller’s agent (and the agent’s brokerage) on behalf of the seller. In this article, we’re going to explore everything you need to know about what a subagent does, their responsibilities, l...
Are you looking for a new, innovative way to diversify your portfolio that’s popular with investors of all demographics in both residential and commercial sectors? If so, then real estate […]
Are you looking for a new, innovative way to diversify your portfolio that’s popular with investors of all demographics in both residential and commercial sectors? If so, then real estate […]
To understand why many people get into real estate investing, you must first answer, “what is real estate investing, and how does it work?” Table of Contents What Is Real Estate Investing? How Does a Real Estate Investor Make Money? Real estate investing has become one of the more popular ways that people build wealth. Those looking to expand and diversify their portfolios know that investing in real estate is one of the best ways to do so. Though it comes with certain risks, real estate inv...
To understand why many people get into real estate investing, you must first answer, “what is real estate investing, and how does it work?” Table of Contents What Is Real Estate Investing? How Does a Real Estate Investor Make Money? Real estate investing has become one of the more popular ways that people build wealth. Those looking to expand and diversify their portfolios know that investing in real estate is one of the best ways to do so. Though it comes with certain risks, real estate inv...
About HERA We all know the great recession of 2008 and how it affected the mortgage industry. It was difficult economic times as many subprime borrowers that took out the mortgage were unable to pay their payments which lead to mass foreclosure. Also, the property values took a dip due to most of the properties being underwater and making it difficult for the lender to recover their original principal amount. Post that there were few measures taken by congress to avoid such a disaster once a...
About HERA We all know the great recession of 2008 and how it affected the mortgage industry. It was difficult economic times as many subprime borrowers that took out the mortgage were unable to pay their payments which lead to mass foreclosure. Also, the property values took a dip due to most of the properties being underwater and making it difficult for the lender to recover their original principal amount. Post that there were few measures taken by congress to avoid such a disaster once a...
In most real estate deals, there are two agents involved – one who represents the seller and another who represents the buyer. However, there is another less common scenario in which a single agent represents both a buyer and a seller in the same real estate transaction. This is known as a dual agency arrangement. A dual agent must walk a fine line in order to be neutral towards both the buyer and the seller, and they cannot disclose confidential information to either party. Before deciding to...
In most real estate deals, there are two agents involved – one who represents the seller and another who represents the buyer. However, there is another less common scenario in which a single agent represents both a buyer and a seller in the same real estate transaction. This is known as a dual agency arrangement. A dual agent must walk a fine line in order to be neutral towards both the buyer and the seller, and they cannot disclose confidential information to either party. Before deciding to...