The Unique Real Estate Blog

Are you ready to buy your first home? Are you sick of paying rent every month when you know that you have enough income to buy a home? Take the steps to buying your first home now!

The use of “Stated Income” (no tax returns and no income verification) commercial loans is a critical strategy to avoid several commercial mortgage loan problems. For example, many borrowers will simply not qualify for a commercial real estate loan if tax returns are used due to high business expenses (and low net income). This article will describe what differentiates a Stated Income business loan from a conventional or traditional business loan.

Funeral homes, assisted living facilities, campgrounds and other special purpose properties represent one of the most difficult commercial loan situations which will be confronted by a business owner. Unique properties are not easily understood by traditional lenders, so the most common solution involves finding a non-traditional lender for funeral home financing as well as commercial financing for other special purpose properties. Such non-traditional lenders will be appropriate for purchase situations as well as refinancing and new construction.

The Miami condo market is very diverse and offers a large number of different solutions for those interested in purchasing or renting a condominium. People from all over the world are attracted to the vibrant Miami area and its supreme climate for relocation. Miami condominiums are also popular among vacationers as well as investors. The recent decrease of the dollar value on the international market has made Miami condominiums an even more interesting option for many Europeans looking for a home away from home, a place in which to retire or just a good investment.

Located in downtown Chicago, Illinois, The Columbian Condominiums are in the heart of the rich cultural and artistic life of Chicago. The condominium complex offers residents offices, theaters and boutiques. With tennis courts, running and biking around the lakefront, mini-golf and ice-skating all in Grant Park, the Columbian is close to all the active recreation one could desire. The Columbian Condo homes are an essential part of rich Chicago life, with entry to the great boulevards and Symphony Center, Millennium Park’s Dance State and Gehry Bandshell.

If you’ve been looking into the idea of making money in real estate by buying foreclosures, then you may have come across the idea of buying pre-foreclosure. Basically, pre-foreclosure is the period when the buyer is behind on payments, but the lender has yet to auction off the property. There’s a good and bad side to buying in pre-foreclosure, so let’s take a look at both.

As the real estate market cools down, attracting buyers is becoming more difficult. FSBO sellers, however, certainly have fewer problems with this issue.

Why FSBO Homes Get More Buyer Interest

You may think deciding whether to sell your home or not is your only major decision. Once you make the decision, however, you also need decide if you will sell it as a FSBO property.

Should You Sell Your Property as a FSBO?

You have worked hard all your life and now you want to relax and enjoy your “golden years” in comfort and not worry about money, for many people this now means retiring overseas.

With inflation high, state support low and everyone living longer, many people are considering retiring abroad to make there money go further.

Have you been thinking about getting into real estate investing? If you’re serious about becoming a real estate investor, one thing you really need to develop is the ability to appraise a home’s value. If all you’ve bought before is a car, and you’re used to seeing a NADA value placed in a book like you get with car dealers, forget it. There are no values placed on a home for sale apart from the one you work out for yourself. This is why it’s often best to stick to one or two areas for your real estate investing, at least initially. Doing this makes it easier for you to get a ‘feel’ for what a house is worth, based on other comparable houses that have recently sold in the area.