What Is Delayed Financing?

Delayed financing lets you buy a home with cash and then finance the property to recoup up to 100% of the purchase costs.

Delayed financing allows homebuyers to purchase a property with cash and then obtain a cash-out refinance mortgage to recoup all, or most, of the money used for the purchase. This strategy lets the buyer make a cash offer on a property, which is more attractive to sellers. Why Use Delayed Financing? Delayed financing has numerous…

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Is Homeownership a Hedge Against Inflation?

Discover how homeownership can be a hedge against inflation

Prices for goods and services in a market economy are subject to change. So, as prices rise, your purchasing power decreases because of inflation. Inflation, however, isn’t necessarily harmful in cyclical free markets. Inflation can bring down entire economies when prices rise too quickly and the market fails to adjust. Moreover, inflation negatively affects household…

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Why You Should Never Forgo the Home Inspection

There are many reasons to never forgo a home inspection

Buying a home is a very competitive process, sometimes resulting in making offers and waiving the home inspection contingency. However, homebuyers can reserve the right to conduct an inspection to gather information while assuring the seller they will not hold them responsible for repairs. Therefore, most homebuyers should never forgo the home inspection, even when…

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Common Mistakes When Downsizing Your Home for Retirement

Mistakes to Avoid When Downsizing Your Home for Retirement

  There comes a time when downsizing your home makes sense. It could be having the kids embark on a life of their own, or you may now be debt-free. Whatever your reasons, downsizing your home requires careful planning and consideration. Mistakes When Downsizing Your Home for Retirement Here are some common mistakes many make…

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House Hacking: One Way to Start Investing in Real Estate

Discover how house hacking can be one way to start investing in real estate.

The real estate industry has enjoyed constant growth over the past few decades. According to Statista, its total revenue could reach well over $14 billion by 2030. It’s a 4.8% growth rate that can be attributed to homeowners learning mortgage-offsetting methods like house hacking. While house hacking isn’t new, its application is becoming popular. More…

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Sell Your Home Faster with a Virtual Tour

A virtual tour can help you sell your home faster.

Selling a home could come with some challenges, especially in today’s technologically forward environment. Homebuyers are from a younger generation who have come to expect everything to be online and available at their fingertips, and taking a tour of their dream home is no exception. Homeowners who want to sell can make their placement stand…

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What Is the Difference Between an HOA and a POA?

Discover the differences between an HOA and a POA

If you’ve searched for homes or other real estate properties, you’ve probably heard about a Homeowner’s Association (HOA) and Property Owner’s Association (POA). There are over 350,000 HOAs in the country. Although the terms HOA and POA are often used interchangeably, the two organizations have very different functions. What Is a Homeowner’s Association (HOA)? Generally,…

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Problems to Avoid When Closing on a New Home

Discover how to avoid common problems when closing on a new home

Purchasing a new home can be daunting, especially for first-time homebuyers. But, perhaps the most intimidating and time-consuming stage is the home-closing process. Depending on demand, market conditions, and the season, it takes between 30 to 60 days to close on a home. During the closing period, many things can happen. Some of them may…

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What Is a Mortgage Escrow Account?

Understanding the escrow account for a mortgage

A mortgage escrow account is one of the terms you’ll likely come across in your home purchase process. Moreover, a mortgage escrow account comes into play after you’ve bought the house. If you’re unsure how this concept works, you’re in the right place. Keep reading to learn more. According to a Statista report, home purchases…

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BRRRR: A Method to Build a Profitable Real Estate Portfolio

A profitable real estate investing strategy can be BRRRR

There are plenty of benefits to investing in real estate. Owning land, houses, and other properties offer excellent returns, tax benefits, and long-term appreciation. It’s also helpful to diversify an investment portfolio by acquiring various assets, such as real estate. Some investors opt to apply the Buy, Renovate, Rent, Refinance, and Repeat (BRRRR) method to…

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