Deciding on a Deed in Lieu can Help Avoid the Major Impacts of a Foreclosure When homeowners find themselves unable to meet their mortgage obligations, they often face the daunting decision of foreclosure. However, an alternative option known as a “deed in lieu of foreclosure” provides several advantages worth considering. In this blog post, we […]
Author Archives: George Herchenroether
Short Sale vs. Foreclosure: Understanding the Differences
Homeowners Who Fall Behind in Mortgage Payments Face the Risk of a Short Sale or Foreclosure When homeowners face financial difficulties and struggle to make mortgage payments, they may find themselves considering options like short sales or foreclosures. Both short sales and foreclosures are processes that can help homeowners in distress find a way out […]
Key Metrics for Real Estate Investors: 10 Key Indicators
Real estate investors succeed when they are well informed. The ability to assess properties with precision can mean the difference between a lucrative venture and a costly mistake. To ensure your real estate investments are grounded in solid analysis, here are the 10 key metrics every real estate investor should know: **Cap Rate (Capitalization Rate):** […]
Selling a House Worth Less Than Its Mortgage
Strategy is Needed for Homes that are Upside Down on Value Selling a house can be a challenging task, especially if the property’s market value is less than the outstanding mortgage. However, with careful planning and strategic decision-making, it is still possible to navigate this situation successfully. In this blog post, we will explore several […]
Embracing Openness: Structural Changes for an Open Concept Home
Creating a Beautiful Space with an Open Concept Home Requires More than Knocking Down Walls The concept of an open floor plan has gained tremendous popularity in recent years, revolutionizing the way we design and experience our homes. Open concept homes offer a seamless integration of living spaces, creating a sense of openness, fluidity, and […]
Elevate Home Curb Appeal: Five Ideas to Boost Sale Value
First Impression for Buyers Happens When Driving Up to a Home When it comes to selling your home, first impressions matter. Enhancing your property’s curb appeal not only entices potential buyers but also increases its potential sale value. By investing in a few key areas, you can transform your home’s exterior into an irresistible showcase. […]
Five Criteria When Considering a Purchase for Airbnb Rental
Unlike Buying a Personal Property, Rental Properties Such as an AirBnB, Require a Plan Investing in a property for Airbnb rental can be a lucrative venture, but it requires careful consideration and evaluation. To maximize your investment and attract guests, it’s crucial to select the right property that meets certain criteria. In this blog post, […]
Open Concept Living Needs Thoughtful Lighting
Lighting Recommendations for a Seamless Space Open concept living has gained tremendous popularity in recent years, providing a spacious and interconnected environment for modern homes. One crucial aspect of open concept design is lighting, as it plays a significant role in creating a cohesive and functional space. In this blog post, we will explore some […]
Credit Score Review for Tenant Applications
The Crucial Role of the Credit Score for Tenants and Residential Rental When it comes to renting a home or apartment, landlords and property managers have the responsibility of ensuring a safe and stable environment for their tenants. One crucial aspect of this process is evaluating prospective tenants’ creditworthiness. By conducting a thorough credit score […]
Renovating Historic or Older Homes, Risks and Considerations
Historic or Built pre-1930, Consider this before Renovating Renovating a historic home, or even on just built before 1930, can be an exciting endeavor. These homes offering an opportunity to restore and preserve a piece of architectural history. However, it’s essential to recognize the unique challenges and risks involved in renovating such properties. Even just […]