Why Adaptive Reuse Is Important To Lower Housing Costs, Poor Home Design Features To Avoid, NJ Homes Sales Fall Sharply

Why Adaptive Reuse Is Important To Lower Housing Costs

Real Estate Tip:

Avoid poorly designed homes--this is often referred to as functional obsolescence. Functional obsolescence reduces the desirability of your home and makes it more difficult to sell. Here are some examples that you should steer clear of: 1) No bathrooms on first floor

2) Bedrooms with no closest

3) Knob-and-tube wiring or fuses instead of a circuit breaker box

4) One outlet per room

Real Estate Insight:

The number of NJ home sales have declined for the past 25 months, falling by 20% in June.

Simple Way To Make Money Part Time In Real Estate, How NOT To Value A Property, Office Property Owners Struggle

Simple Way To Make Money Part Time In Real Estate

Real Estate Tip:

Never use a seller’s asking price as a gauge of market value for a property. A property owner may request any price for his property-this may or may not be anywhere near market value. The current market value of a residential property is based primarily on what a similar property has sold for in the last 6 months.

Real Estate Insight:

Owners of many office properties are struggling to find buyers due to high interest rates, and declining occupancy & cash flow.

The Risk Shadow Banking Poses To Housing, Rental Lease Due Diligence 101, When Multi-Family Debt Bubble May Burst

The Risk Shadow Banking Poses To Housing

Real Estate Tip:

Always ask to see any existing leases for any rental property you are considering for purchase. If you buy the property, you will be subject to the terms of those leases. Make sure the leases match the seller’s representations.

Real Estate Insight:

Many hard-to-refinance multi-family debt is coming due in October and November of this year.