• "We Buy Houses for Cash" Legit or Not? "We Buy Houses for Cash" Legit or Not?

    0 comments / Posted on by Steven Rivera

    "We Buy Houses for Cash" Legit or Not?

    You’re driving down the road and thinking about the devastating reality that you're drowning in bills and debts. You realize how quickly your available cash is dwindling when a sign that reads “We Buy Houses For Cash” catches your eye. This peaks your curiosity, could I really sell my house for almost immediate cash? You’ve thought about how to sell your house in the past but the process seems so stressful. You think about calling but it seems almost too good to be true, what’s the catch?

    Seeing flyers on telephone poles or signs that read in all bold “we buy houses” can be a bit off putting at a first glance but believe-it-or-not these companies are a legitimate part of the real estate market. The reality is, We Buy Houses companies aren’t for everyone, but can be extremely useful for those who are stuck in a predicament like the one that was just illustrated.

    These companies buy houses at slightly under market value, make necessary repairs, and sell the property for a profit. If selling the home on the market isn’t an option, this can be a great way for distressed sellers to relieve themselves from the burden of having to sell the home.

    So how exactly do these companies work?

    Buyers from the We Buy Houses companies seek out distressed sellers who may be interested in selling their house below market value in exchange for an expedited and hassle-free selling process. When a seller indicates interest in selling...

    You’re driving down the road and thinking about the devastating reality that you're drowning in bills and debts. You realize how quickly your available cash is dwindling when a sign that reads “We Buy Houses For Cash” catches your eye. This peaks your curiosity, could I really sell my house for almost immediate cash? You’ve thought about how to sell your house in the past but the process seems so stressful. You think about calling but it seems almost too good to be true, what’s the catch?

    Seeing flyers on telephone poles or signs that read in all bold “we buy houses” can be a bit off putting at a first glance but believe-it-or-not these companies are a legitimate part of the real estate market. The reality is, We Buy Houses companies aren’t for everyone, but can be extremely useful for those who are stuck in a predicament like the one that was just illustrated.

    These companies buy houses at slightly under market value, make necessary repairs, and sell the property for a profit. If selling the home on the market isn’t an option, this can be a great way for distressed sellers to relieve themselves from the burden of having to sell the home.

    So how exactly do these companies work?

    Buyers from the We Buy Houses companies seek out distressed sellers who may be interested in selling their house below market value in exchange for an expedited and hassle-free selling process. When a seller indicates interest in selling...

    Read more

  • What Realtors Should Know About The Millennial Housing Market What Realtors Should Know About The Millennial Housing Market

    0 comments / Posted on by Steven Rivera

    What Realtors Should Know About The Millennial Housing Market

    The millennial generation is considered a little enigmatic in marketing circles, and a considerable amount of research has been conducted to understand how they think, what they buy and how they live. The real estate industry is taking serious notice as well.

    At 75.4 million strong, millennials have now surpassed baby boomers as the largest generation alive, according to the U.S. Census Bureau. However, with 57 being the median age of today’s homeowner, millennials still fall behind boomers when it comes to homeownership.  (Source: Zillow Group Consumer Housing Trends Report 2018)

    So what do shifting tides in real estate’s newest power generation mean for the industry? One thing is certain: Whether buying, renting, or investing in real estate themselves, millennials are a true force in today’s housing market.

    Key Drivers in the Millennial Housing Market

    Jobs

    Though it might seem obvious, proximity to career centers is the first priority of the millennial housing search.

    Recent polls reveal 87% of millennials say career opportunities and ongoing professional growth are important to them. Combine that with another study showing this generation tends to “job-hop,” switching jobs an average of four times in their first 10 years after college (compared to two times for the previous generation), and here you have a group that prefers areas with many employment options.

    Affordability

    Because many in the millennial generation are still paying off student debt and confronted with stiff competition in a low-inventory housing market, affordability is key.

    Of the millennials who are looking to...

    The millennial generation is considered a little enigmatic in marketing circles, and a considerable amount of research has been conducted to understand how they think, what they buy and how they live. The real estate industry is taking serious notice as well.

    At 75.4 million strong, millennials have now surpassed baby boomers as the largest generation alive, according to the U.S. Census Bureau. However, with 57 being the median age of today’s homeowner, millennials still fall behind boomers when it comes to homeownership.  (Source: Zillow Group Consumer Housing Trends Report 2018)

    So what do shifting tides in real estate’s newest power generation mean for the industry? One thing is certain: Whether buying, renting, or investing in real estate themselves, millennials are a true force in today’s housing market.

    Key Drivers in the Millennial Housing Market

    Jobs

    Though it might seem obvious, proximity to career centers is the first priority of the millennial housing search.

    Recent polls reveal 87% of millennials say career opportunities and ongoing professional growth are important to them. Combine that with another study showing this generation tends to “job-hop,” switching jobs an average of four times in their first 10 years after college (compared to two times for the previous generation), and here you have a group that prefers areas with many employment options.

    Affordability

    Because many in the millennial generation are still paying off student debt and confronted with stiff competition in a low-inventory housing market, affordability is key.

    Of the millennials who are looking to...

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  • House Hunting Can Be Fun House Hunting Can Be Fun

    0 comments / Posted on by Steven Rivera

    House Hunting Can Be Fun

    Associating house hunting with fun can be considered to be an oxymoron but by following a few simple tips to stay organized in the process it can turn out to be a lot of fun. Keeping tabs on the properties you’ve viewed can streamline the process and actually give you enjoyment in one of the most important decisions of your life; your first home purchase.

    List your Must Haves

    As you make your list of must-haves for your property, start with the basics: square footage, bedrooms, bathrooms, storage space, etc. Then expand on your list to include the amenities that you want: a garden, a den, a basement, countertop type, etc. Not only can this list help you stay on track during your house hunting, your real estate agent will use this information to find homes that meet your needs. You can use Pinterest to help you organize notes and photos for the must haves that excite you.

    Browse the Neighborhood

    Once you’ve narrowed down the neighborhood, spend some time checking it out. The only way to know if its the right fit for you would be to take a stroll, spend some time in town and possibly a bite to eat. Go for a walk, talk with the locals, and patronize some of the local stores - that will give you a good feel. A good idea would be to grab some lunch nearby after the open house to get a vibe for the area. Truly immersing yourself in the culture and...

    Associating house hunting with fun can be considered to be an oxymoron but by following a few simple tips to stay organized in the process it can turn out to be a lot of fun. Keeping tabs on the properties you’ve viewed can streamline the process and actually give you enjoyment in one of the most important decisions of your life; your first home purchase.

    List your Must Haves

    As you make your list of must-haves for your property, start with the basics: square footage, bedrooms, bathrooms, storage space, etc. Then expand on your list to include the amenities that you want: a garden, a den, a basement, countertop type, etc. Not only can this list help you stay on track during your house hunting, your real estate agent will use this information to find homes that meet your needs. You can use Pinterest to help you organize notes and photos for the must haves that excite you.

    Browse the Neighborhood

    Once you’ve narrowed down the neighborhood, spend some time checking it out. The only way to know if its the right fit for you would be to take a stroll, spend some time in town and possibly a bite to eat. Go for a walk, talk with the locals, and patronize some of the local stores - that will give you a good feel. A good idea would be to grab some lunch nearby after the open house to get a vibe for the area. Truly immersing yourself in the culture and...

    Read more