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Money isn’t always disbursed instantaneously at closing, and occasionally a seller wants to see closing proceeds in their bank account before they’ll hand over the keys. Is the seller allowed to do this? If not, what can the buyer do about it? It’s the day of closing. The buyer’s funds reached the closing agent’s account … Read more
Why You Need a Creative Financing Toolbox Building your real estate investing portfolio is like crafting a custom home. You need a set of reliable and flexible tools in order to build a solid structure. Like a hammer, traditional bank financing is a common tool that everyone knows how to use. And there’s nothing wrong … Read more
When the World Health Organization (WHO) declared the novel coronavirus (COVID-19) a global pandemic on March 11, 2020, our world changed in every imaginable way. The economic fallout in the United States has been astronomical, including but not limited to over 30 million people being laid off. Suffice it to say that the full implications … Read more
Probably the thing that scares new landlords and property managers the most is what to do when a tenant calls at 2 a.m. because water is shooting out of their pipes in all directions. This fear is so paralyzing, in fact, I’ve heard stories where people eschewed becoming a landlord just to avoid it. Some … Read more
Q: We recently moved next to a golf course, and an errant ball broke one of our windows. We called the clubhouse, but they did not want to help. Are we on the hook to pay for a new window? A: Living on a golf course means living with golf balls. While the golfer … Read more
You finally have the time to work on home improvement projects, but you don’t want to stretch the budget. The good news is you can make a big difference and enhance your home or investment property with these easy DIY projects. Budget-Friendly Home Improvement Projects Change Out the Lights Bring those old ’70s ceiling lights … Read more
A Florida kennel at an animal shelter is empty for the first time in history since all of its dogs were adopted. Volunteers at the Palm Beach County Animal Care and Control cheered in front of empty dog cages in celebration. Thank you to the shelter staff and volunteers who work tirelessly to care for, find … Read more
Central bank using playbook that suggests being aggressive while it can, former Fed staffer says To help the U.S. economy get through the coronavirus pandemic without too much damage, the Federal Reserve is expected to follow its new crisis playbook that calls on the central bank to be aggressive at the start of any possible economic … Read more
If you are one of the many homeowners who is debating taking your home off the market for the next few weeks, don’t! You will miss the great opportunity you have right now! The latest Existing Home Sales Report from The National Association of Realtors(NAR), revealed that the inventory of homes for sale has dropped to a … Read more
Some Highlights: November’s Existing Home Sales report revealed that sales are now at an annual pace of 5.61 million which is “now the highest since February 2007 (5.79 million) and is 15.4% higher than a year ago (4.86 million).” Total housing inventory (or the inventory of homes for sale) fell 8.0% from last month and is now 9.3% … Read more
