Hard money loans vs. conventional investor loans

In matters of loans in real estate, asset-based loan financing of various kinds can be sourced of which there are hard money loans as well as conventional investor loans. Although they do provide the means to a similar end, however, they are very different when it comes to certain characteristics of loans. The dichotomy of …

Basics of the Real Estate Contract

With the astounding figures that the real estate industry transacts in every year, one cannot help but reiterate the importance of investing in property of your own. Not only is it a ‘commodity’ that you cannot produce any more of, which obviously is one of the reasons for its increase in value every year among …

Think Like a Rich Bank

Most of the folks listed on Forbes started off by thinking big, by thinking rich. But it doesn’t end there. You have to work towards your dreams which could be anything from becoming a millionaire to just about that takes your fancy, although the former is what most normal folks dream about. To be honest, …

Short sale secrets

In a situation of financial hardship, borrowers who cannot pay their monthly mortgage payments, have to resort to a last ditch effort of selling the property at an amount that falls short of the property loan owed. Sometimes, lenders prefer to sell the property at a loss rather than push the buyer to live up …

Understanding the mortgage loan market

The mortgage business is one of the most complicated and dynamic parts of the real estate industry. Therefore, it is vital that you understand how the mortgage system works and how lenders are able to make profit. Institutional Lenders There is a major difference between institutional and private lenders. Institutional lenders offer loans based on …

Ethics in Real Estate Investing

To become a successful investor, it is important to follow an ethical code. Ethics are a set of rules that governs a person or a group’s conduct. The fact is that some practices of real estate investors fit into unethical categories without their realization. Listed below are some unethical practices followed: Hiking the property value …

Essential Real Estate Contract Clauses

A good real estate contract is one that helps to protect both the buyer as well as the real estate broker. In a typical scenario, the broker will only have a standard contract that will contain clauses that lean towards the broker and you, the buyer. Here are a few essentials that you must look …