HOUSE HUNTING 101: WHAT IS A PURCHASE AGREEMENT?

Posted by Kathy Scott on May 2nd, 2023

 

 

House Hunting 101: What Is a Purchase Agreement?

BY KATHY SCOTT TUESDAY, APRIL 25, 2023

Home prices are dropping in 2023! So if you’re ready to become a homeowner, now’s your chance.

Buying a house is the most fulfilling investment you’ll ever make, and it’s important to understand all the details. Read your purchase agreement carefully and discuss any disputes with the seller before signing.

The purchase agreement plays an essential role in helping you secure the home of your dreams. Keep reading to get an in-depth look at this document so you can use it to your advantage.

WHAT IS A PURCHASE AGREEMENT?

A purchase agreement states the terms and conditions of buying a home. It’s a legally binding contract that both…

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Understanding the Benefits of Professional Property Maintenance by Kathy Scott

Posted by Kathy Scott on April 17th, 2023

There are approximately 19.95 million rental properties in the US, and individual investors own 70% of these properties. With so much potential to grow your rental property business, it's important to remember you can't do it all on your own.

If you don't have property maintenance services, it's time to pay attention. Learning the benefits of working with a property maintenance company will open doors you never thought possible for your business.

This guide will teach you the benefits of professional property maintenance for your properties!

ENSURES YOUR PROPERTY IS CLEAN AND SAFE

A professional property maintenance team will take care of your property year-round. This includes removing dirt, debris, and mold from all concrete surfaces.…

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5 TASKS EVERY HOMEOWNER SHOULD DO IN JANUARY!

Posted by Kathy Scott on January 24th, 2023

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  5 Tasks Every Homeowner Should Do in January

  Start looking for that contractor NOW if you want your project done by summer’s end. Read

Visit houselogic.com for more articles like this.

© Copyright 2023 NATIONAL ASSOCIATION OF REALTORS®

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Top Property Management Myths You Should Avoid

Posted by Kathy Scott on October 31st, 2022

Top Property Management Myths You Should Avoid

BY KATHY SCOTT TUESDAY, OCTOBER 25, 2022

The value of residential property has been trending upward for over a decade. In 2020, the National Association of Realtors reported that, by certain metrics, the average American home will be worth $382,000 by 2030. 

This makes investing in residential real estate a smart bet. But, renting out property to tenants comes with legal and practical responsibilities—responsibilities more serious than other investments incur.

As a result, responsible landlords are increasingly seeking property management services.

WHAT IS PROPERTY MANAGEMENT?

Property management is the umbrella term for the regular work of overseeing and maintaining residential…

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SIX QUICK TIPS FOR THE BUDDING REAL ESTATE INVESTOR

Posted by Kathy Scott on October 25th, 2022

Six Quick Tips for the Budding Real Estate Investor

BY KATHY SCOTT TUESDAY, SEPTEMBER 13, 2022

In the United States, 90% of millionaires are real estate investors. Why is that?

Savvy, successful entrepreneurs choose real estate investing strategies for a reason, and evidence shows it could be quite lucrative.

For a new real estate investor, however, you may not be aware of all the ins and outs of being profitable. You certainly want to avoid making decisions that could put you in the red.

Never fear, we want to help. This article is specific to real estate for beginners. Keep reading for some vital pieces of advice to help you make good choices with investment property. 

1. DO YOUR HOMEWORK

If you are going all in with a…

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Don't be a Victim!

Posted by Kathy Scott on April 6th, 2021

Recently a client thought she could find a home via Facebook. 

And not that it's a bad thing.... but what she and her family went through was devastating at a crucial time in their life.  Follow me along... Mom is 7 months pregnant, has an 8 year old she home schools, dad works outside the home and mom also works part time.  In the mean time they fly across country once a month for family reasons.  Full plate wouldn't you say?  So they decided to move back home closer to family to calm there chaotic life.  Especially with baby on the way....

They contact the person who has a home listed for rent on Facebook.  Seems legit.  Owner sends them an application and request app fees.  Pretty normal.  Approves them.  Sends them a lease and requires a…

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