Missing out on the fine print when it comes to any product seems to be the norm these days which has led many a customer astray. Being deceptive in nature with its small print, one is not able to read important details that might alter his/ her perception of the product’s value. Often these practices …
Category: Real Estate
Right off the bat, if one must understand the nature of a company with limited liability, it is a flexible business entity that works well in the case of single-owner companies and combines elements of a partnership and a corporation offering the protection of limited liability. For these very benefits, real estate investors believe that …
One of the most popular methods of buying foreclosure properties is an auction that involves live bidding that is either conducted in a public place such as the courthouse. In some cases, the Sheriff or a referee appointed by the court will carry out the proceedings at a particular time and date specified in the …
If one understood the repercussions that getting sued has on one’s time, energy, resources and personal life as well, almost every investor would take clear steps to avoid such mistakes not unless you are thrown into a legal situation that is not of your doing. Mistake #1: The Usage of Poor Legal Forms Instead of …
Most rookie real investors have their work cut out for them when it comes to dealing with sellers, especially when they have to meet them face-to-face to initiate conversations experiencing bouts of fear and doubts, but in the long run will turn out to be the fun part when you receive your checks. However, adequate …
Ever so often, real estate investor has to sit down and think about the kind of entity they should use for their business. However the answer to the question depends on a lot of factors such as the size of the business, the investor’s source, type of income and the number of family members involved. …
When you intend to buy a property and do so by paying a mortgage every month, there are times of misfortune (that occurs in everyone’s life) that result in an inability to pay off the mortgage for whatever reason. So, what happens to properties that are in the possession of the bank as a result? …