For those of you that are in the business of rehabbing homes and selling them to retail buyers, finding the right members of your team can be almost as important as finding a qualified buyer. Adam, what are you talking about members of your team? What I mean is screening, interviewing, and qualifying [...]
Tip of all of the rehabbers out there that are like me and think “we live in Florida, it’s warm all of the time”. When the temperature dips into the 30s-40s at night, you need to think about how that will affect your current rehab project. I can tell you from experience that the number [...]
More news about appraisals… If you buy a home for a deeply discounted price and then put a large amount of money into the house to repair it, you will find yourself having to do TWO separate appraisal’s to justify the increase in value. This adds time and cost to the closing process. [...]
You can imagine that less homes being sold each year would affect more than just home owners and sellers. If affects all the industries that support real estate as well. Home inspectors, insurance agents, title agents, and surveyors have all felt the down turn in the market. Appraiser’s are the newest victim [...]
Here’s a tip for anyone looking to rent out a investment property. When you sign a lease, tell the new resident that the utilities will be turned off on the day they are scheduled to move in. It is the residents responsibility to get the utilities switched over into their names.
I can’t stress [...]
It doesn’t get any better than this… FREE money given out from the State of Florida to help new home buyers pay all of those expensive closing cost and down payment requirements. How much free money you might ask? $10,000 of 0% interest money for a full 15 years. How do I [...]
Great news for first-time home buyers looking to buy a home with the Florida Bond Grant money. The rates have just dropped a quarter point to 6.5%. This helps buyers pay less a month on their monthly mortgage payments or it will help buyers get qualified for a slightly higher priced home. [...]
Guys, you know how much I love technology (haha, yeah right), but I just came across a pretty cool website. It allows you to do free conference calls. The website is www.freeconferencecall.com.
Me and Adam are going to use it today to talk to one of our new prospective 10 Year Real Estate Millionaire [...]
Did you know that the City of Jacksonville will pay new home buyers closing cost and down payment for them? This is a really neat program that pays up to $15,000 for low income families to help them purchase beautiful homes. We currently have multiple families approved for this grant money and we are exicted [...]
I want to congratulate Neal Hemenway for joining the Progress Home Buyer’s team. He will be in charge of Public Relations and monitoring the blog post. He will be working with us for entire Spring 2009 semester.