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“Fix it and flip it” is a phrase often associated with real estate. With this in mind, many homeowners undertake major renovation to their residences before putting them up for sale: Sprucing up the place will always send the sales price soaring, right? Wrong. More often than not, these upgrades fail to pay for themselves. Read […]

Wait! Don’t sign that lease just yet — a quick landlord check may change your mind. You’ve found the perfect new apartment or rental house. You love the neighborhood. Your application has been approved. You’re ready to sign on the dotted line, right? Not so fast. How much do you know about your soon-to-be landlord, […]

We have heard this word “foreclosure” all our lives, but do we really understand what this word means or even what it implies? Let’s look at an overview of what foreclosure is and examine the five stages of a residential foreclosure. Simply put, foreclosure is the process by which a homeowner’s rights to a property […]

HUD Guidelines 24 CFR 206.125 You are interested in a home and in the listing agents remarks you read: Property is being sold subject to HUD Guidelines 24 CFR 206.125. You immediately say to yourself “What does that mean?.” You then pick up the phone and call your REALTOR (if you are working with one already) or […]

The latest Real Estate Statistics for 2ndquarter are indicating that the Real Estate market in Peoria is improving as compared to 2ndquarter 2017. The chart above show a couple of key indicators that can help understand the current market conditions.  I In the above chart, Peoria Area consist of all areas within the area, including […]

With skyrocketing home prices and rising mortgage rates, many home buyers are frantically looking for ways to cut down on costs wherever they can. But in one area, it makes sense to ramp up spending, experts say—paying off old bills, debts, and credit cards. That’s because a very good credit score can save home buyers […]

A healthy real estate portfolio is one of the keys to true long-term wealth. Even a sole single-family rental can completely change your financial outlook. As much as you may see the upside with a rental, there are a handful of negatives that can be difficult to ignore. There is no question that if you […]

Throwing money at a property does not guarantee success. The reality is that finding the right updates, upgrades and improvements is not about money, but rather doing the right work for the market. Simply throwing money at a property and expecting a return will leave you frustrated and disappointed. Savvy investors know that not all […]

When you are selling a home, you are under a lot of stress. Even those people, who have gone through the process several times, experience certain unease when waiting for the best offer. Hurrying up to fix some mishaps, doing last minute renovations, worrying about the right price tags can be frustrating. We’ve come up […]

Do you want to sell your home fast or get the most money for it? Sellers are rarely ready for such a question. They prefer to do both. But is it really possible? The difference between selling a home for the most money and getting rid of it quickly is huge. Real estate agents often […]