If you are someone who is hoping to start a real-estate business of your own or simply looking to appraise your own home value, you may find the following tips useful. Unfortunately there are no strict rules or a clearly defined guidebook that tells you how to appraise a home’s value. Therefore it is an …

Why are houses with unpaid property taxes a unique opportunity? One simple reason, they are almost never impeded by mortgages. The reason is that if the property was mortgaged, the mortgage company would most certainly pay off the property taxes in order to avoid losing the property at tax sales and because most mortgage payments …

Escrow is best known in the context of real estate. An escrow account is setup by an impartial third party such as a bank, lending institution or real estate agent. The escrow holds all the valid documents, deeds and contracts that the buyers and sellers must sign. Close of escrow refers to the closing of …

The Fair Housing Act administered and enforced by the United States Department of Housing and Urban Development (HUD) contains rights and provisions that protect the interests of individuals in regard to most types of housing. For example, in the sale or rental of housing and in mortgage lending, certain actions cannot be taken against an …

Buying and selling a house or other property is one of the biggest and most important transactions in a person’s life. When it comes to buying a property, people need to look for a place that best suits their needs and that they will enjoy living in. With selling these individuals need to make sure …

As a result of the slump in the real estate market people have come up with different ways of making their property more attractive to a buyer. One of these ways is the Short Sale. A short sale of a piece of property is one in which the property is sold for less than the …