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I had a nice reflective discussion with Scarlet Fu and Caroline Hyde, reflecting on two milestones in New York City - 9/11 and the financial crisis. Miller Samuel CEO Says Credit Conditions Haven't Normalized Since Lehman. September 11th, 2018, 3:48 PM EDT. Jonathan Miller, president and chief executive officer of Miller Samuel Inc., takes a look at the state of the U.S. housing market 10 years after the financial crisis of 2008.
An Estate Sale Appraisal Process. After 25 years of handling estate sale appraisal in the Baltimore Metropolitan area I have seen my fair share of estate sales. But what is an estate sale? An estate sale means a person has died and the party/parties that inherited the property are selling it. Estate properties usually are priced well to reflect that fact that they need work.
The Pitbull Conference is the oldest and largest organization of its kind in the country: educating brokers, lenders, and investors as to the emerging opportunities that exist in hard money lending. Their success can be attributed to their track record of consistently producing quality events for industry professionals to network and grow their businesses.
One of renting's major benefits is that you don’t have to worry about upkeep, maintenance and expensive repairs. So when things go bad - your dishwasher stops working, the roof is leaking or the bugs just won’t go away - your first call is usually your landlord. But how do you know what’s really their responsibility and what falls to you?
Finance teams find Trellis to be particularly effective in conducting comprehensive due diligence on both individuals and businesses. With our court data solution, financial experts can access critical litigation insights, making it an invaluable resource for informed decision-making in the financial sector.
Updated 9/21/18; Originally published 2/7/16. It’s awesome! Your dream home. You’ve gone to a few builder model homes in Killeen , Harker Heights , and Copperas Cove , and this is The One. You’re excited. Your spouse is ecstatic. You’re already picking out the floors, paint, brick and browsing furniture at Ikea. The builder’s rep already preapproved you with their lender and has a contract out ready for you to sign.
How to Choose a Real Estate Appraiser? – Critical Question You Must Ask. An appraisal is a professional appraiser’s unbiased and impartial opinion of value based on the condition of the property, prevailing real estate prices and other factors. You may need the services of a licensed appraiser if you are selling your home yourself or if you want to know the value of your home for refinancing purposes.
How to Choose a Real Estate Appraiser? – Critical Question You Must Ask. An appraisal is a professional appraiser’s unbiased and impartial opinion of value based on the condition of the property, prevailing real estate prices and other factors. You may need the services of a licensed appraiser if you are selling your home yourself or if you want to know the value of your home for refinancing purposes.
The Fall 2018 Issue of Elliman Magazine was just released and as usual, I provided a two-page spread showing interesting (my definition, lol) of what is going on in some of the markets under their national footprint. The magazine is well done and a fun aspirational read. [click to expand].
Patch of Land will be attending the Colorado Mortgage Summit at the Denver Marriot Westminster in Denver, CO on October 2, 2018. The Colorado Mortgage Summit presents an incredible lineup of educational sessions, business opportunities, and networking events curated specifically for the entrepreneurial men and women of the Colorado mortgage industry.
Updated 9/20/18; Originally published 2/1/16. It is a strategy nick-named “ House Hacking ”, and I wish I had done it the first two homes I bought (I figured it out by the third home!). What is it? Multi-families. E.g. Duplexes and Fourplexes. Duplexes and Fourplexes (or Quadplexes) can be bought with traditional, residential financing ( VA loan, FHA, Conventional etc.), just like any traditional single-family home, as long as you choose to live in one of the units.
Updated 9/20/18; originally published 8/6/15. Takeaways. Understanding what happens with the commission can help sellers understand why agents charge what they do. The median income for agents nationally is rather modest – even more so in a lower price point area like Killeen. A good agent should be worth the commission and then some. Don’t settle for less.
Construction projects are high-stakes operations where even minor inefficiencies can lead to costly delays, safety concerns, and budget overruns. Managing risk in construction has always been a challenge, but as projects grow in complexity, traditional methods no longer cut it. Enter Digital Transformation - a game changer approach that replaces inefficiency with AI-powered analytics, real-time monitoring, and automated workflows to proactively manage risk.
Updated 9/19/2018; Originally published 9/3/15. The property taxes in Harker Heights are expensive! That’s one of the most pervasive real estate myths in the Fort Hood area. It is not exactly true, as, in fact, Harker Heights has one of the lowest property tax rates in the Fort Hood area. Instead, Harker Heights’ property taxes are more not because the rate is higher but because property values in Harker Heights are higher as a whole.
Patch of Land's CMO, Robert Greenberg, is a member of the Forbes Real Estate Council and recently shared his thoughts on new development opportunities for Fix and Flip investors. With a tightening housing supply, and increased demand, what are investors to do? See what Robert has to say on why real estate investors are starting to look at new construction as an alternative to renovating properties.
What is a Transit-Oriented Development? Before we explain why a transit-oriented development might be a smart market for your next flip, let’s define this type of development. A transit-oriented development is a vibrant, walkable urban community with a mixture of housing, offices, retail shops, dining, entertainment, and other amenities—all centered around reliable public transportation, often a rail system.
Most of us likely think of fix-and-flips as investment deals that require renovation know-how or at least the ability to hire skilled contractors with that knowledge. The truth is that today’s fix-and-flip residential housing market is far broader than that. In fact, savvy real estate investors don’t even have to shop around for the right house to buy, rip up flooring, paint or even break a sweat to make money in residential real estate.
Trellis is a state trial court research and analytics platform that provides Real Estate Professionals (Buyers, Foreclosure, Loan Modification, etc.) with LEADS on Pre-Foreclosures, Lis Pendes, Distressed Assets and more — to help uncover **new** opportunities and grow their business. The process is quick and easy — and all in real time. Trellis will supply you with a link to the relevant dockets, a Leads sheet and access to its UI where applicable.
Patch of Land will be attending the National Alliance of Commercial Loan Brokers on October 16th through 18th at the Trump National Doral in Miami, FL. Don’t miss out on being part of Miami’s largest mortgage event for loan origination professionals, bringing together hundreds of mortgage brokers, loan originators and bank and credit union lending officers from throughout the region for an event full of education, networking and fun.
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