April, 2010

Real Estate Investing — Look At The Neighborhood: 2

Saturday, April 10th, 2010

16249817_1While the location is going to be very, very important, the types of people that are in the neighborhood is going to be important as well.  You want to make sure that you are purchasing a home that you are going to sell in a neighborhood that not only looks good but has trust-worthy people there.

Crime should be very, very low and overall, what does the neighborhood look like?  This can be very important to any potential buyers.  I know that when I was looking to rent a place, I looked at the neighborhoods to see exactly what they looked like before I rented.

The overall appearance should look good and the types of people should be nice – which is not all that hard to find.

Real Estate Investing — Look At The Neighborhood: 1

Friday, April 9th, 2010

REOSignFeaturedInvesting in real estate is something that is great if you are looking to make a little extra money or even make it your main source of income, however you want to make sure that you know what you are doing whenever you start investing.  Firstly, you want to make sure that you analyze the neighborhood and the market that you might be purchasing a house in.

You want to make sure that you choose a place that is around everything and that is overall, a good location.  To be honest, this is a deal breaker for people.  Even if you fix up the house and it looks great, if it is not in a good location, people will not buy it.

In the next blog, we will explore some things to watch out for whenever you are investing in a property!

Getting A Mortgage For The First Time: 2

Saturday, April 3rd, 2010

home_mortgage_photoNow that we have talked a little bit about obtaining all of the loan information, the next step is going to be making sure that your credit report is all cleaned up.  What this includes is making sure that you certainly can explain anything that is on your credit that you can not fix – honestly, this is going to come up whenever you are shopping for mortgages, so make sure you can explain.

Anything that you can not explain may look a little bad to any potential loaners, so make sure that you have any explanations at the ready whenever you are questioned about your credit report.  You also want to make sure that you get an explanation for every single fee that you do not understand.

The reason for that is because you want to make sure that you keep all of your costs in check and you know what you are paying!

Getting A Mortgage For The First Time: 1

Friday, April 2nd, 2010

mortgage-broker-networkMortgages are not something that you get every single day and they are certainly not something that you should know a lot about, especially if you are a first time home buyer.  However, if you are looking to purchase a home and you are looking to get yourself a mortgage, this is where you might want to brush up on your mortgage knowledge a little bit.

In the next couple blogs, we are going to make sure that you know everything there is to know about mortgages and just what you need to look for, especially being a first time loan getter.  Firstly, you want to make sure that you are obtaining all of the loan cost information.

This is certainly going to help you in planning out your budget and will absolutely make sure that you can afford the mortgage.