3 Rehab Prep Tips To Cut Costs & Save Time, Auction Preparation Must, Fannie & Freddie Say No To SF Investors

3 Rehab Prep Tips To Cut Costs & Save Time

Real Estate Tip:

Before you bid at a real estate auction, do thorough due diligence on every property you intend to bid on and decide the maximum price you are willing to pay for each of those properties before you go so you don't get excited during the auction price and overpay

Real Estate Insight:

Fannie Mae and Freddie Mac will stop backing loans for single-family investment homes
 

Can Real Estate Save You If The Stock Market Drops?, Contractor Payment Principle That'll Save Your Cash, Home Construction Lows

Can Real Estate Save You If The Stock Market Drops?

Real Estate Tip:

When you hire a contractor, make sure your payments stay ahead of his work so that if for some reason he stops working, you owe him money not the other way around where you've paid him and he owes you labor.

Real Estate Insight:

Home construction per household remains near the lowest level in 60 years of record-keeping
 

Sales Of These Homes Are Falling, Bad Tenant Warning Sign, Mortgage Trend Update

Sales Of These Homes Are Falling

Real Estate Tip:

Landlords beware of a prospective tenant who has no landlord references or has a reference that is too good to be true. A too-good-to-be-true reference may indicate that the previous landlord just wanted to get rid of a bad tenant by transferring their headache to another unsuspecting landlord.

Real Estate Insight:

Home mortgage applications decreased in June