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…
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…
IF YOU SEE SOMETHING, SAY SOMETHING!!! Your realtor is in a unique position to help identify problems that call for further investigation. Consider the surveyor to be like a good law enforcement officer. Even your closing attorney can’t help unless the realtor alerts him to issues that presented themselves at home inspection, walk-thru, or when…
Among the more common “creative financing” alternatives in Virginia are the “Contract for Deed”, or “Land Contract”, and the “Land Trust”. Creative financing often becomes necessary when you have a Seller very motivated to Sell, but who who has very little equity and does not want to do a Short Sale or rent the house…
