A real estate closing seems straightforward enough: You sign the paperwork, the seller signs, and you officially become the owner of the property. It is yours to do with as you choose from that day forward. For homeowners, this just means moving in, but investors may...
Real Estate Practice
6 tips to speed the closing process of real estate investments
Those who invest in Pittsburgh real estate often wish that the closing process could be more efficient. For example, speeding up this process is a goal shared by many investors. Some things must occur according to specific procedures when closing, but it may be...
What might go wrong in a residential real estate closing?
When you're buying a home, nothing is more exciting than your closing day. This is the day when they get to pay the closing costs and sign the documents in exchange for being able to take possession of the home. While most closings go through without issues, there are...
When can a seller delay a real estate closing?
You agree with the seller on a date to close on your new property. You fit it into your busy schedule and you’re excited to officially close and take ownership. Suddenly, however, the seller says they need to change that date. How often does this happen? Can the...
Before you invest in a property, know the zoning laws
If you’re looking for a piece of commercial property – whether to start a business, expand your existing business or lease to someone else -- it’s essential to understand the local commercial zoning laws. Local governments take their zoning laws very seriously, as...
Are turnkey or fixer-upper properties a better investment?
Investing in real estate can be a wise decision. You might purchase properties and then start renting them out to others for a constant stream of income. That profit combines with increasing levels of equity in your properties to improve your financial situation. You...
Should you refinance the mortgage loans on your investment properties?
Mortgage interest rates are currently close to the lowest they've ever been in the U.S. Even though this has motivated many homeowners and real estate investors to try and refinance their mortgages; this isn't the ideal option for everyone. You need to consider...
An installment sale might be a good option for your property
An installment sale is a type of sale where a property owner can sell a piece of property or asset while the buyer spreads out the payment for that asset over time. In a traditional sale, the owner of the property would expect to be paid outright, but an installment...
Thinking of investing in real estate right now? Here are some tips for success
You’ve been looking to increase your portfolio of properties, and now may be as good a time as ever. The economy took a downturn in the last few months, which means that there is a major opportunity to make money if you can buy homes at low prices and sell them later...
Ways to protect yourself when buying a property ‘sight unseen’
In some areas, real estate prices are so low that they’re too good to pass up. What if you see a home you want to buy, either as a residence or an investment property to rent out, but you’re hundreds or even thousands of miles away and are afraid that someone else...