On any given day, investors who own rental property want to buy more or they want to get rid of what they have. In most cases, it doesn’t have to do with the satisfaction of the investment itself; it has more to do with the management. Managing property and dealing with tenants can be headache […]
All posts by Chandra Hall
Active Shooter Information
Knowing what to do in an active shooter situation could save lives…yours and others. FEMA has active shooter training that recommends a simple three step approach: Run, if you can safely get away from the situation. Hide, if there is not a safe way to remove yourself from the situation. Fight is a last resort […]
Hold Your Mail
Headed out of town? The USPS can hold your mail safely at your local Post Office until you return, and you can do it quickly online. https://holdmail.usps.com/holdmail
House-Hacking Rental Property
House-hacking refers to buying a multifamily property on an owner-occupied mortgage, living in one unit and renting the others. If you’re thinking about becoming a rental mogul, starting early is an advantage. Not only will you have longer to accumulate a larger portfolio, you can increase the leverage on the first acquisitions if they are […]
What goes with the house?
Sometimes, there can be confusion on what goes with the house and what goes with the seller when they move. Generally speaking, the house is the land and buildings and any fixed or attached property. Permanently installed and built-in items are considered real property. Some things are obvious such as built-in appliances, wall-to-wall carpeting, light […]
Characteristics of Home Buyers
The 4 C's of Qualifying
Qualifying for a mortgage can be explained with 4 C’s. Capital indicates the borrower has the necessary funds for the down payment and closing costs without exhausting their savings. Capacity shows that the borrower has the ability from income to pay back the loan. Credit history reveals the borrowers FICO score, which is a composite […]
Rent or Buy?
Who Earns the Commission?
What do you think the motivating reason would be for the 5% of all homebuyers who chose not to work with an agent but instead conducted their own home search, contacted the seller, negotiated the contract, located their financing, arranged their inspections and all of the other services provided by REALTORS®? Most people would probably […]
Expectations
Ideally, what every owner wants when they sell their home is to get the highest possible sales price in the shortest period with the least inconveniences. They may not realize that’s what they want but if you ask enough questions, they are the three most common expectations. Even when REALTORS® put their home on the […]