The commercial real estate investment management
industry in USA and Canada is more dynamic than ever, and the provision and
accessibility of data plays an instrumental part in its success, accelerating
efficiency and profit.
Data has always been important. Real estate companies
have always relied on the collection and analysis of data for pertinent
decision-making, but up to date real estate analytics software and deal
management software allow investors to make decisions faster and more assuredly
– in minutes, instead of hours or days, as it may have done in the past. Here
are 5 key drivers of data-driven insights:
Real estate scams cost buyers, renters, and landlords billions of dollars annually. The transition to digital real estate solutions and a rampant housing market resulting from the COVID-19 pandemic has seen them increase more than ever before.
You should be mindful of these four real estate scams currently trending in the digital sphere, from wire fraud schemes to phony home and apartment listings.
Leaving the nest and moving for the
first time can feel overwhelming. Fortunately, there are ways to avoid the
common issues and mistakes that come with finding a place to live, choosing
essential furniture, and arranging your new space. It is an exciting and scary
time! Use the tips and information in this guide to help with everything from
packing your stuff to finding the perfect place. With the right advice, moving
into your own place can be a seamless experience.
The
50-year mortgage first appeared in southern California, where housing was
becoming increasingly costly, and people were looking for new ways to reduce
their monthly mortgage payments. Except for the extra two decades to pay off
the loan, it works the same as a 30-year fixed mortgage.
The
advantage of a 50-year mortgage is the lower payment, but the significantly
higher long-term costs may outweigh this advantage. Let’s see if you should go
down that long road.
For new
house hunters, the home-buying process can be overwhelming and difficult to
navigate. Finding the right house depends on your budget, needs, wants, and
life phase. The following tips from Realty Executives can help
you determine if your next move should be into a starter home or something more
permanent.
If you are working hard to get your home
ready to sell, this may be a good time to take a break and learn about a few of
the legal issues that await you. The process of selling a home presents you,
the seller, with one legal issue after another that must be addressed and
resolved. If you fail to do so, you could lose a buyer or, even worse, end up
being sued for damages.
That last part about a lawsuit probably
got your attention, but keep in mind that most homeowners get through the
process of selling a home without a lawsuit or disgruntled buyer. It all
depends on taking the time to recognize and fulfill your legal obligations as a
seller while also ensuring that your rights are protected.
There are many reasons why people decide to sell their property. One of the most common ones is, of course, profit, or the lack of it. You might have spotted a chance in the market to profit by selling your property, or you have simply realized that renting it will not bring you the kind of profit you’re looking for, so you naturally decide to sell it. Nevertheless, there are many other reasons why people opt for this decision.
Selling a rental property is an exciting adventure, but you need to do it right. This is precisely why our Realty Executives team has decided to share some valuable tips for selling a rental property, so let’s get into it.
Real estate is a general industry with many career
opportunities. As a commercial real estate developer, you may find job
stability and many lucrative opportunities. However, you will need to put in
the time and dedication it takes to reach the top. This brief guide will help
you better understand what it takes to become a real estate developer.
The Real Estate
Settlement Procedures Act (RESPA) was enacted in 1975. The federal statute was
introduced to stop malpractice and restrict the usage of escrow accounts in the
real estate settlement process.
Who regulates RESPA?
Once RESPA became effective in 1975, it was under the U.S. Department of Housing & Urban Development (HUD) jurisdiction. Ever since its inception, the Act has undergone several amendments and changes. However, after 2011, the Consumer Financial Protection Bureau monitored RESPA due to the Dodd-Frank Wall Street Reform and Consumer Protection legislation.
Buying a home is exciting. It can also be nerve-wracking, complicated, risky, and keep you awake at night. The same can be said about selling your home. Both are important decisions that can potentially change your life.
Buying or selling a home requires a lot of preparation. We recommend that you research and consult a professional realtor to streamline the process. Additionally, use all the information available and look at other people’s experiences in selling their homes so you can avoid common mistakes. For example, many homeowners decide to do some remodeling prior to listing their home on the market. While this can improve your chances of sale at the best price point, there are some upgrades to avoid when selling your home.
