Seeking ways to finance a real estate purchase can be an overwhelming task. Many options are available based on your needs, such as government-insured home loans and traditional mortgages with fixed or variable rates. An experienced professional, such as your lawyer,...
Month: October 2020
Two common types of refinancing in commercial real estate
Refinancing can be a useful tool for entrepreneurs interested in real estate development. It can help you make a few improvements or repairs that might allow you to rent the property out for more than you paid. If you improve the property, it opens up opportunities...
3 signs an entrepreneur should acquire commercial real estate
For budding entrepreneurs and startups, expansion is a sign of success. While renting office spaces might work in the beginning, there comes a point where acquiring commercial real estate is a smart move. 1. Workforce growth and space constraints One of the clear...
3 title issues that can snag your Florida real estate transaction
Owning a piece of real estate is a significant achievement. But as exciting as acquiring property might be, real estate title issues can ruin your investment dream. Here are three common title issues that can, at best, delay or, at worst, ruin your real estate closing...
5 commercial lease red flags to watch out for
Sometimes, one of the contributing factors to a business's success is choosing the right place to set up shop. Some locations seem ideal, leaving business owners feeling confident before signing the commercial lease agreement. Still, they should be cautious, or they...
Why do I need title insurance?
One of the most crucial documents when buying property is the title. It serves as proof of ownership, legally establishing the owner's right to utilize, control, possess and resell the property. However, some owners find themselves in challenging positions when they...
Tax deductions every real estate investor should know about
As a smart investor, you have probably done some research on real estate investing. You may know all the ways you can increase your net worth and earn a residual income. However, did you know that you can significantly reduce your tax burden through real estate...
What should you know about reading a real estate contract?
A real estate contract can protect you from fraud during the purchase of a new property. Reading a contract takes time and is something you should do well in advance of agreeing to anything. Knowing how to read a contract and what to look for can help you verify its...
What could delay a real estate closing?
Real estate closings could experience delays whether buying property with cash or through a mortgage. Buyers and sellers typically conduct appraisals to negotiate their purchase agreements. As noted by Bankrate, transactions can get held up when property appraisal...
Finding suitable tenants for your investment property
According to the PEW Trust, as of 2022, approximately one-quarter of all single-family homes in the United States are investment properties. Owning an investment property can prove lucrative if managed correctly. One important aspect of property management involves...
