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Lease-Purchase Arrangements: Another Path to Homeownership?

Appraisal Buzz

The buyer rents the home as a tenant first, typically paying an up-front fee or down payment under an option contract to preserve the right to purchase the property within a set time period. For example, the sellers, usually also the landlords, are generally responsible for keeping the property safe and livable for tenants.

Landlords 221
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Need to sell your house fast? Here are 7 great options

Housing Wire

Investment homes often take longer to sell because your audience is other investors. If your home is more of an investment home, investors often want a home already outfitted with tenants or an underpriced home, so there’s room in the pricing to cover the cost of renovations. Sell to Other Investors Using Roofstock Marketplace.

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What Is a Land Contract In Ohio? Full Guide [2021 Update]

The Robert Weiler Company

Are you familiar with a land contract in Ohio, as well as the state-specific requirements? What is a land contract in Ohio, really? Essentially, a land contract is an alternative financing option if you’re investing in: Farmland or raw land. So, what is a land contract agreement, and how does it work? A home or condo.

Contracts 143
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Crisis management in real estate: 8 tips for handling difficult situations

Housing Wire

Consider the residential client disappointed at the lack of inventory , or the commercial investor with many vacancies in a once-thriving property. Tenants and clients who can access an online platform to get a rapid response are more inclined to stick with you during a crisis.

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The Challenges of Appraising Multifamily Properties

Appraisal Buzz

Because appraisals are contingencies in 43% of contracts , you must find ways to accurately evaluate these properties. It’s not uncommon for people to have tenants or roommates, but you’ll typically find that isn’t the case with single-family houses. However, things aren’t always as straightforward as they seem.

Appraisal 397
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Opinion: Here’s the latest data on what Realtors are witnessing in the housing market

Housing Wire

Notably, the market has contracted as fewer buyers can afford to purchase in today’s market with the rise in interest rates and the continual rise in home prices. Investors may have been attracted to the market as they saw rents increase for tenants. In comparison, in 2011, homes took 96 days to sell. .

Realtors 418
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Opinion: Don’t let red tape strangle city development

Housing Wire

This bottleneck has led to significant housing shortages, and left tenants and renters facing ludicrously high housing costs. When planning a project, developers figure out the income it will generate, divide that by the cost to build, and use that yield to recruit investors.