The Virginian Pilot today recognized the plight of Landlords and Tenants and called out some very important new steps Landlords must take now to be able to evict non-paying tenants even AFTER the moratorium on eviction is lifted. Note that “5 day notices” must now be 14 day notices in many cases and you may…
Today’s lighthearted blog is really just a link to connect to another video blog: https://thenationalrealestatepost.com/flipper-using-uber-drivers-to-find-distressed-homes/ The NREP (National Real Estate Post) gives us a few national statistics to ponder on flipping and a novel new idea on how to preserve your market share. First, the percentage real estate transactions that end in sales to flippers…
In this era of HGTV, Flip or Flop, Flip This House, and my wife’s favorite – Fixer Upper . . . it is easy to under-estimate the challenges of being a first time real estate investor. At its worst, what you are wagering is that you think you can successfully compete with more experienced property…
The big news in the last few years has been that many 20 and 30 somethings have a different priority and value system when it comes to home ownership than their parents had. Low and Behold, home ownership has moved up the Millennial priority list! There is a shift of attitude happening statistically and the…
Long gone are the venerable days when you hired an attorney for $1,000 and he actually visited the courthouse to search title to the property you were buying. The closing industry has become so competitive that most settlement fees are 1/3rd to 1/2 what they were 50 years ago! Attorneys had a monopoly in Virginia…
Many experienced home buyers, sellers and investors are still surprised to learn of the new closing requirements concerning funding. For years, the gold standard at closings was to bring funds by a “certified check”, “cashier’s check”, or other paper draft of a bank account. Unfortunately, while these legitimate real estate moguls have been out there…
It’s not often that we reprint in whole another blogger’s post. But Attorney Elizabeth Kayser is a part of our loose affiliation of attorneys who collaborate to make us all better at doing battle with stubborn lenders. This post from Elizabeth, though written based on her experience and law practice which spans several states in…
Researching who you hire was once almost entirely a “word of mouth” affair. Then came the Yellow Pages. Mix in a little TV, print media, radio, mailers, and basically, any service provider could initiate their own “word of mouth”, self-aggrandizing recommendation. Fast forward to the age of the internet. The emphasis these days is on…
