Many people live for the hustle and bustle of city life. They like being constantly connected and close to as many amenities and entertainment options as possible. But as cities and surrounding suburban communities grow, some people – perhaps yourself included – begin to long for a lifestyle that’s a bit quieter and simpler. And it’s this pull of simplicity that draws many to sell their homes and purchase rural acreage in the countryside.
Archives for April 2019
Real estate is serious business. Whether it’s a young couple purchasing a single-family home to live in and start a family, or an older investor stashing her money away to create an income-earning opportunity, there’s nothing cavalier about a real estate transaction. Thus, it shouldn’t come as a surprise that many deals fall apart before they ever reach the closing table.
If you’ve never purchased a home before – or it’s been a few decades since you’ve done it – you may not be realize that getting a pre-approval letter from a mortgage provider is one of the first steps towards the home search and purchase process. And if you don’t know much about the pre-approval process, now is a great time to learn.
Walk into the average American home, and you’ll find clutter. We live in a culture where we’re constantly acquiring “stuff” and remain rather reluctant to get rid of items we no longer need. As a result, our homes – and lives – end up feeling disorganized.
If you’ve never bought a property before, the process can be intimidating. You might not know exactly what you want, and might be afraid you’ll end up with a property that loses value over time. There’s no way to gain property buying experience overnight, but you can better equip yourself for the process by familiarizing yourself with the mistakes that others have made in the past.
Many people look to buy rental property as an investment, much like they would invest in stocks, bonds, index funds, or other assets intended to grow over time. But is buying rental property inherently more profitable than other types of investments?
Selling your home can be stressful, especially if you’re under pressure to move to a new location as soon as possible. You’ll need to price your home appropriately enough to ensure it sells quickly, but not so low that you lose money, and you could end up negotiating paperwork for weeks to months even after you receive an initial offer.
Houston is home to many property investors for a reason: there are some worthwhile investments in the area. If you’ve been investing locally for a while, you might be considering expanding your real estate portfolio out-of-state. Out-of-state investments can be worthwhile, but they’re not for everyone. For every reason to invest in property outside of Texas, there are plenty of reasons to keep it local.