Whether you are buying or selling a home there are some simple
steps you can take to make sure the price is right.
Many people will say location is everything and to a certain degree this is true.
If you are moving into a heavily populated area there are definitely differences
that can boost or lower prices by distances that are under a mile.
If you are living in a rural area there are also distinct differences
like distance …
So, you are looking into Hud Homes because you hear you can get them for a good price…. Lets look at what it takes to buy one and the process you need to follow.
First What is a Hud Home?
Hud The Department of Housing and Urban Development often gets homes that are up for foreclosure action on an FHA-insured mortgage and offers them for resale. The homes are 1 to 4 unit residences that are offered for sale to recover the loan …
Pre-Purchase Home Inspections are important for any prospective property buyer for two big reasons. First it provides you information about the condition of the property so you can haggle price and second if the condition is such that improvement costs outweigh the resulting resale value or conditions are so bad that total demolition of the property is required you will know before you make any decisions.
If you are an …
As an investor your profit margin is much more important when you work with contractors then it may be for the average home buyer that feels a kitchen remodel will bring them money when they sell their home in 5 or 10 years.
The Contractor that you hire can make or break your profit in a number of ways.
Timelines- First is the contractor reliable enough to give you a specific time line for completion and then stick to that timeline. The …
In this special series of HowTos we will look at the in’s and out’s of home buying and selling for a profit. There are many different levels of investors in the home improvement business and no matter where you start you should have an understanding of what you wish to accomplish and what it will take to get it done.
For some people it might just …