An appraisal is simply an estimate of value made by a certified appraiser. That is all…
However, there are a few other terms that are often used (wrongly) as interchangeable with appraisal. Other value estimates, such as
An appraisal is simply an estimate of value made by a certified appraiser. That is all…
However, there are a few other terms that are often used (wrongly) as interchangeable with appraisal. Other value estimates, such as
Real Estate Investing 201
Digging a little deeper into Flipping
In Real Estate Investing 101, Part I, we covered buying a house to resell for a short term profit. In this lesson, we’re going to delve a little deeper into flipping, run a scenario, and examine ways to maximize profit, while minimizing risk and making it happen fast.
I keep seeing and hearing about “dirty little secrets” that real estate agents won’t tell their clients. Most of them turn out to be pretty stupid points. However, today while going through my morning routine (dead-heading, so my brain needed something to do) I thought of the dirty little secret that FSBO companies don’t tell their customers.
So, don’t screw it up.
Do you feel like you should rush out and buy this house?
There are a few things that have my shorts in a bunch… so, here they are. Careful. They’ve been brewing for a little while.
There is a house in my subdivision that has been under contract since February… that’s right, February. It will take six months if it closes on time. This house is listed with a flat-fee company. The listed price was reasonable (I’ll be curious what it actually sold for). When it went up for sale, it was a well kept house. Of course, now it looks pretty run down. The grass was cut once or twice, and is LOADED with weeds. It is actually a fight to get to the front door.