Institutional Investors Are Stiff Competition for Homebuyers
“Investor” covers many types of buyers, but their ability to offer cash helps them gain a foothold in a type of investment largely unaffected by the pandemic.
“Investor” covers many types of buyers, but their ability to offer cash helps them gain a foothold in a type of investment largely unaffected by the pandemic.
Refi demand surged last year, but banks started tightening their credit standards as nonbank lenders aggressively courted buyers and existing homeowners.
A new real estate investment option in Denver may appeal to investors who don’t want to pay capital gains on a sale, but who are also tired of working as a landlord.
Teachers, firefighters, EMTs and police can buy HUD homes at half price within seven days of posting. Few exist now, but the number will likely grow post-foreclosure ban.
Fla. has the most types of termites in the continental U.S. – 21 established species and some invasive ones spreading, a “new norm in terms of potential termite damage.”
Many buyers consider size an important element when shopping for a home, but it’s not an exact science – another reason to have an inspection when under contract.
Fair Housing Month: NAR says a commitment to equality makes good business sense, furthers compliance with existing laws and promotes a culture that welcomes everyone.
While indoor areas should be disinfected following a confirmed infection, soap and water work fine the rest of the time. But masks and hand washing are still important.
Every correctly priced listing today will likely attract offers, but a mid-week listing may give buyers the optimal amount of time they need to visit and make an offer.
It’s not always easy to pick and move to a new location, and many boomers relocating to Fla. convince their Northern friends to join them.