Posts tagged ‘Real Estate Value’

Creative Real Estate Purchases

If you are looking to purchase affordable real estate, there are many creative ways to find great properties. Some ideas are very common, others not so much.

The choice is up to you, but regardless of your method of finding a home to buy, make sure you save money. Lenders will definitely want to see a substantial down payment before approving homeowners for a loan.

Consider:

  • Finding a fixer upper that is not in the best condition.
  • Buying a two family house that needs some work. Rent the one half out to a tenant, use that income to pay for all the repairs.
  • Move in with your/your spouse’s parents. Eliminate the cost of renting a place and save for a down payment on a house. In today’s market, even previous homeowners with great credit are required to put down around 20% of a home loan, much different circumstances than during the housing boom of a few years ago.
  • Open up a high-interest savings account. Come up with an amount that you will have to deposit in that account every month, and use that towards a down payment.
  • Look into listings of foreclosures. If projections are accurate, foreclosure listings will be on the rise over the next year.
  • Consult with a real estate agent to find a home.
Advertisements

October 9, 2008 at 11:05 am Leave a comment

Rental Property Valuation

Editor’s Note: Below is an article on rental real estate values. GetMyHomesValue.com does not endorse a rental property management service. Instead, GetMyHomesValue connects real estate agents nationwide to homeowners with real estate needs. For more information on real estate agent services from GetMyHomesValue.com, call 877.545.3237.

Managing rental properties on your own? Looking to invest in rental real estate? Here are some tips for you to get started on the most common form of real estate investing.

  • Find out the fair market value of your properties
  • Find a software to help you manage the properties

Property management software will be essential for investors who are looking at having multiple properties. With property management software like Rent Roll Pro, your rental property valuation tool and property management software will be able to work together, helping you manage the places you own and rent out easily.You will definitely notice that getting a rental property valuation tool like Rent Roll Pro will make your renting life a whole lot easier and it will save you time and money in the end.

October 8, 2008 at 7:00 am 3 comments

Discovering House Valuation

If you need to know what your house is worth, there are many things you can do to find it out.

Call a real estate appraiser on the phone, have them come out to your home, and do a complete appraisal. When the appraiser is finished, they’ll give you an accurate price of the value of your home.

What’s my house worth is often the first question people ask when they are thinking about selling a home. Another good reason you might ask what your house is worth would be for the bank to give you a refinance on your home. Banks will need proof of a true home value in order to refinance.

If you do not want to pay a fee for an appraiser to come out to your house, there is another option which is totally free. GetMyHomesValue.com can connect you with a real estate agent to discover the answer, free.

When you want to discover what your house is worth, consider having a free CMA done by a real estate agent. They will come out to your house, often at no cost, and give you an idea of what your house might be worth on today’s market.

Ready to get connected with a real estate agent in your area for a free home evaluation? Visit GetMyHomesValue.com and type your zip code in the box on the right hand side of the site to begin receiving a free home value report.

October 1, 2008 at 3:00 pm Leave a comment


Find Your House Value