As a real estate investor, seller, or buyer, it is important to understand what is going on in your local market. Knowing popular neighborhoods, demographics, and economic factors can give you an edge in the market. Chicago Housing Market Forecast With over 60 museums and a gorgeous skyline, Chicago is a large, global tourist attraction. […]
Author Archives: Jennifer Staats
The Five Biggest Drawbacks of a Lender-Financed Offer
All offers are not created equally. It cannot be stated enough just how important it is to choose the right offer, not just the one with the highest price. The right offer is one that actually closes and allows you to move on from the transaction. The wrong offer has an unexpected problem at the […]
How All Investors Should Spend The First 10 Minutes Of Their Day
There are dozens of ways to run a business. What makes real estate investing so appealing are the limitless options of getting from point A to point B. With the right mindset and a little bit of good fortune you can go from part time investor to having more deals than you can handle in no […]
The Biggest Challenges Most New Investors Face
Your perception of real estate is often different from reality. From the outside you can buy any property, make some improvements and walk away with a handsome profit. The reality is that it is difficult to get good deals, make the right updates, find a buyer and close in your timeframe. Additionally, there is almost […]
Home Inspection Tips for Sellers
No one likes it when a good deal dies. Especially when selling your home, it can be disappointing. Whether the property won’t sell due to financial complications or miscommunications, learning that a great offer has fallen through is always a setback in real estate. Unfortunately, home inspections are a well-known deal-killer within real estate. They’re […]
Things That Could Help You Win a Bidding War on a Home
With a limited number of homes for sale today and so many buyers looking to make a purchase before mortgage rates rise further, bidding wars are common. According to the latest report from the National Association of Realtors (NAR), nationwide, homes are getting an average of 4.8 offers per sale. Here’s a look at how that breaks down state-by-state (see map below): March […]
Wire Fraud in Real Estate
Pick-up the Phone and Verify! Your excited, the contract is signed, your swimming in paperwork and details. Not to mention trying to organize a big move! You’re expecting that email with the wiring instructions for your deposit. STOP! Before you send your hard earned money take the time to verify! Wire fraud in the U.S. […]
What Documents Will I Need for Taxes if I Bought a House Last Year?
DISCLAIMER: This article is meant for educational purposes only and is not intended to be construed as financial, tax, or legal advice. HomeLight always encourages you to reach out to an advisor regarding your own situation. Sitting down to do your taxes in your new (to you) home, perhaps you already knew that you might need some documentation from your […]
Trying to Find That Perfect Home? They Aren’t Always on the MLS
We’ve heard the stories about people who managed to make an offer on a house before it officially went up for sale, beating out all the other would-be buyers and scoring the home of their dreams. And in a fast-paced market, where houses often sell in less than a day, and buyers have to be […]
A Guide to Real Estate Investment for Anyone (Yes, Even You!)
Table of Contents: Is real estate even a good investment? 7 top reasons why real estate is a good investment. Top 7 ways to get started in real estate investing How much money do you need to invest in real estate? 3 simple steps to get started. How real people make money investing in real […]