How To Avoid A Home Bidding War, Lease Due Diligence For Rental Properties, Hotel Conversion Opportunities

How To Avoid A Home Bidding War

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:

Both private and government buyers are finding real estate conversion opportunities with U.S. hotel owners who are reevaluating the highest and best use of their properties due to the COVID-19 pandemic.

How Biden Housing Proposal Will Affect Real Estate, DOM Explained, Change In Credit Score For Mortgage Approval

How Biden Housing Proposal Will Affect Real Estate

Real Estate Tip:

The average number of days on market required to sell a home gives you a good indication of the strength of that local real estate market--a higher average number of days on market usually suggests a weaker market, a lower average number of days on market implies a stronger local real estate market.

Real Estate Insight:

The median credit score of US borrowers approved for mortgages reached 786 in Q4 2020 up from 770 during the same period in 2019.

How Long Will Spring Housing Boom Last This Year?, Which Property Should You Buy In A Neighborhood?, Foreclosures Advance

How Long Will Spring Housing Boom Last This Year?

Real Estate Tip:

Buy property that is consistent with other property in the neighborhood. It's smarter to buy the cheapest rather than the most expensive house in an acceptable neighborhood-this increases the odds that your property value will increase and often makes it easier for you to sell.

Real Estate Insight:

16 percent more US residential properties received a foreclosure filing in February compared to January.