Real Estate News Articles


Updated: Thursday, July 2, 2020


Why Two-Toned Kitchens Are a Growing Design Trend
Written By: Holly Welles

Instead, you have a slew of options when it comes to cabinet design and storage. You might swap upper cabinets for open shelving, for instance. You could pop one set of hardware on top cabinets and another unique option for lower cabinets. Or, grab a paintbrush and paint them two different colors.nbsp;Two-toned cabinetry has become a huge trend, mainly because they look great. Heres why you should consider transforming your kitchen with a few coats of paint on a select few cabinets:nbsp;Whats a ...

Full Story >


Resuming Work and Working to a Definite Resolution
Aljian, a boutique litigation firm in Orange County, California:

Insurance contracts can be confusing and may leave a great deal up to interpretation. A good lawyer can point out the risks to the insurance company in not covering a claim as well as potential gaps in coverage to the insured, thereby bringing the parties closer to a fair, quick, and definite resolution.

Justin Dailys quote is a sound definition of what, in my opinion, good lawyering is; the ability to clarify, communi

The need has added importance as we transition from quarantine to trying to improve the quality of life of our fellow citizens. The need is urgent because lawyers are oftentimes intermediaries between the real estate industry and insurers.

According to Justin Daily of Daily

Full Story >


Forbearance: Tread Lightly
Written By: David Reed

A forbearance is a formal agreement between the lender and the borrower. Borrowers cant decide to take a mortgage payment holiday on their own. Doing so would start the foreclosure clock ticking. And lenders are loathe to foreclose. Its the very last thing on their list when trying to work with struggling homeowners. Lenders have employees whose sole job is to provide workout solutions for those having problems making the mortgage payment.nbsp;A forbearance agreement can be arranged if the borro...

Full Story >


What You Need To Do About Refinancing Today
Written By: Jaymi Naciri

It might take a whileIf youve refinanced before, you may have been able to wrap up in 21 or 28 days. And you still might. Or it could take you a bit longer. According to The Mortgage Reports, refis were taking between 35 and 45 days last year, and the glut of new loans is putting a strain on the system, thereby causing delays.nbsp;Rates may fluctuateRates as of this moment we are at historic lows. Could they go lower? Its possible. Could they rise? Thats also within the realm of possibility. Tal...

Full Story >


Buyer Beware: What You Need To Know About Warranty Companies
Written By: Jaymi Naciri

We were, frankly, pleasantly surprised by how easy the process was and also chalked it up to financial karma for having paid 60 every month for the last six years just to have the peace of mind of a warranty, plus 75 for each service call.nbsp;Those calls were few and far between, save for an annual air-conditioning issue and the occasional other appliance/plumbing concern. To our very unpleasant surprise, the company canceled our existing deal when our contract ended. Apparently, we had made to...

Full Story >


HOA Powder Problem
Written By: Richard Thompson

Several conditions must occur for efflorescence to appear. The soluble salts must be present in the bricks, mortar, or transported by water into the masonry from another source. There must be sufficient water to carry the salts in solution to the surface of the masonry. Then, evaporation causes the salts to come out of solution and be left behind as the salt deposits.Soluble salts come from many elements or minerals found in the materials from which bricks and mortar are made. The sand used in m...

Full Story >


Looking To Flip? Don’t Do It Without These Tips
Written By: Jaymi Naciri

Dont expect to be in an out in a weekAccording to the recent ATTOM Data Solutions first-quarter 2020 U.S.nbsp;Home Flipping Report, Home flippers who sold homes in the first quarter of 2020 took an average of 174 days to complete a flip, up from an average of 169 in the fourth quarter of 2019 but down from 180 days in the first quarter of last year.Will it take you that long? Maybe, maybe not. It depends on a whole lot of factors, like the condition of your home, how much work needs to get done,...

Full Story >


Unique Ways To Finance Your Home And Save Money
Written By: Gary Bordeaux

With some due diligence and research, you may find you have other ways of helping pay for your home that you would have never thought of before. There are companies who offer customers flexible financing options that will work for your budget. Below are some alternative ways to finance your home and save money on utilities.Ask Family For Helpnbsp;If you are not wanting to ask a bank for a loan, maybe you have family who could help you out instead. Many first-time home buyers choose to ask their ...

Full Story >


Why Lenders Sell Loans
Written By: David Reed

Without having the ability to sell mortgages, the lending industry would essentially shrivel up and die. Why? Think of it this way- say a bank had 10 million in the vault dedicated to home loans. If after making 10 1 million dollar loans, the bank has no more money to lend. Instead of selling the loan, the bank would recover its money by collecting principal interest payments each month, but that can take a long, long time to recover the issued funds.nbsp;Instead, banks and mortgage companies in...

Full Story >


June Real Estate Roundup
Written By: Realty Times Staff

Freddie Macs results of its Primary Mortgage Market Survey shows that "After the Great Recession, it took more than ten years for purchase demand to rebound to pre-recession levels, but in this crisis, it took less than ten weeks. The rebound in purchase demand partly reflects deferred sales as well as continued interest from prospective buyers looking to take advantage of the low mortgage rate environment." 30-year fixed-rate mortgage FRM averaged 3.13 percent with an average 0.8 points for the...

Full Story >


Solutions Solutions Solutions
Written By: PJ Wade — Decisions & Communities

Widespread acceptance of the value and practicality of working from home may have diluted the power of the long-standing real estate value mantra: location, location, location.Significant societal change and moral reckoningnecessities for a long timeare gaining momentum and will work toward resolution. In the meantime, many real estate owners and wannabes need solutions now for weathering the pandemic and >In these unsettling and unprecedented times, solutions matter. Homeowners, home buyers, an...

Full Story >


You Can Buy A Home For $1, And 9 Other Reasons To Chuck It All And Move To Cinquefrondi, Italy
Written By: Jaymi Naciri

For just about 1, you can buy a home in the Italian town, located in the rural southern region of Calabria. We know what youre thinkingisnt Italy dangerous right now?nbsp;Actually, the country has done a great job of getting a handle on the coronavirus. And Cinquefrondi has had zero reported cases. In fact, The rural southern region of Calabria as a whole was one of the regions least affected by the coronavirus outbreak in Italy, with a >So why should you consider a move? Let us count the ways.T...

Full Story >


When It Comes To Real Estate, Does Size Matter?
Written By: Jaymi Naciri

Think in terms of usable space, not square footageYou may have 3,000 square feet in your mind as your desired space. But whats really important is how that space is used. It might turn out that 3,000 square feet is too expensive. But even if its not, whats the layout like? Are there a bunch of unusable rooms? Maybe there are too many bedrooms at the expense of the living space. And you probably dont want to spend all your time cleaning rooms you dont even use?You might be surprised to discover t...

Full Story >


Here Are All the Tools You Need for Laying Tile Like a Pro
Written By: James Stevenson

Laying tile like a pro does require some special equipment though. Youll want to make sure youre prepared with the following tools to make your tiling job look professional.nbsp;1. Rubber BucketsSure, you could use a plastic bucket for your mortar, but a rubber bucket is much easier to clean. Even if the mortar dries, you will get a rubber bucket clean much easier than a plastic bucket.2. Mortar MixerA mortar mixer will properly mix your mortar and ensure that no air is trapped in the mortar, wh...

Full Story >


Affordable Alternatives To A Standard In-ground Pool
Written By: Jaymi Naciri

Whats a swimmer to do? We have ideas.SpoolA normal in-ground pool can be pricey, depending on thenbsp;poolnbsp;type, shape, size of thenbsp;pool, and degree of customization for yournbsp;pool, said HomeGuide.nbsp;You can save a ton of money by going small. Enter the spool, also known as a cocktail pool. According to HomeAdvisor, The average cost to install an in-ground spool isnbsp;22,650nbsp;including labor, but this can vary depending on the type you choose.nbsp;Because 20,000 of that 22,650 i...

Full Story >


Ask the HOA Expert: Enforcing Old Rules, Landscaping, Neighborhood Watch
Written By: Richard Thompson

Answer: There is no "one answer fits all." There is never any automatic "grandfathering." The board needs to weigh each violation and its importance. The big ones may be worth fighting for, while minor ones are not. The board can compromise when its in the best interest of the HOA and too expensive to litigate.Question: When our HOA was developed years ago, the board allowed unit owners to customize the landscaping around their units even though the land was common area. Some have done it well, ...

Full Story >


How To Choose The Best Refi: It’s Not Just About The Rates
Written By: Jaymi Naciri

Millions of homeowners could benefit by refinancing their mortgages, even if they bought or refinanced as recently as May 2019, said NerdWallet. A typical refinance could save more than 150 a month.But the rates are just one of the considerations. If youre thinking about looking into a new loan, here are some other things to consider.nbsp;How much is it going to cost you?Yes, refinancing to lower your rate and your payment is typically a good idea. But refinancing isnt free, and the fees you pay...

Full Story >


Hot Real Estate Alert: Home Flipping Hits 14-Year High
Written By: Jaymi Naciri

The newly >The gross profit for home flips across the country also rose over the same time period, to 62,300. That was up slightly from 62,000 in the fourth quarter of 2019 and from 60,675 in the first quarter of last year, they said.That 62,300 translated to a 36.7 percent return on investment, which is down from 39.5 percent in Q4 2019 and marks the lowest profit margin since the Q3 2011.Home flipping has gradually taken up a larger portion of the housing market over the last couple of years, ...

Full Story >


Copyright©2020 Realty Times®.All Rights Reserved

Thursday, July 2, 2020

When It Comes To Real Estate...
Think in terms of usable space, not square footageYou may have 3,000 square feet in...

You Can Buy A Home For $1, A...
For just about 1, you can buy a home in the Italian town, located in the rural southe...

Solutions Solutions Solution...
Widespread acceptance of the value and practicality of working from home may have diluted th...

Copyright ©2020 - Realty Times®
All Rights Reserved.