Price is a huge factor for investors and hedge fund groups that are interested in real estate investing. For that reason, many investors turned to purchasing foreclosures in recent years—the properties were discounted, and many were in great locations that were previously cost prohibitive. But as the number of investors snapping up distressed properties grew, [...]
Ilyce Glink Show on WSB Radio: Is it still a good time to buy a house, and are interest rates going to stay low? On this week’s Ilyce Glink Show on WSB radio, Ilyce discussed whether or not it is still a good time to buy a house and how she thinks a real estate [...]
Thinking of buying a vacation rental home? Does it make financial sense for your family to use the home, or to use it as an investment? Q: I am trying to figure out if the numbers would make sense for my wife and me to buy a vacation rental house near our home in Atlanta. [...]
Can I afford a condo, is a condo right for me? Condos are more affordable than single-family homes, but you have to pay monthly assessments. Comment: Just read your column in today's paper responding to a question for advice whether to buy a home at age 66 or continue renting. I was surprised you didn't make two [...]
Homes are more affordable than they’ve been in decades, and mortgage interest rates are at historic lows. As a result, many first-time homebuyers feel that this is the perfect time to jump into the real estate market. Buying a home is exciting, but it can also come with unforeseen economic obstacles. If you are a [...]
Was your seller truthful on the seller disclosure form? How to prove your seller knew about previous issues in the house and didn't disclose them. Q: I recently purchased a home in Aurora, Illinois. I received the sellers’ disclosure form with no disclosures marked off. During my inspection of the home, the inspector noted some [...]
Home much home can I afford? Home buying can be stressful when you are concerned about the cost of your mortgage. Q: We are retired school teachers with an income of 51,000. We only have $100,000 saved but our teachers’ pension covers our monthly living expenses. My husband has wanted a small farm and put [...]
The housing markets future predictions is a question many people have. Deciding if you should buy a home now or wait takes some consideration. Q: I am a married, 65-year old retiree. I spent 22 years in the military (with a pension), and then worked another 22 years (44 total) for corporate America. I want [...]
You should think about buying a house as a long term investment. Find out why thinking long term is so important when buying a home. As the housing market finally seems to be picking up again, the question on everyone’s mind remains: Can we trust the real estate market again? While the housing rebound is [...]
As the economy improves and more households are created, thousands of new families are looking to enter the real estate market and purchase homes. But for many people, serious barriers stand in the way of buying a home. Because of these obstacles, many of tomorrow’s homeowners are using today’s single-family rentals (SFRs) as stepping stones [...]
