Real estate is not property rights. All of the theorizing about how property rights work that actually matters in real estate was done in the 1200s. You can find it all written down on the Magna Carta. There has not been innovation in that realm of thinking for centuries.
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Older homes have unique personalities and appeals, but sometimes, they come with hidden risks and history. These situations only happen because of a lack of information at that time. If you want to buy your first home, an older house is a great investment. Before you make a final decision, these five hidden risks to look for when buying an older homewill come in very handy.
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Between the paperwork and the house hunting – on top of your “day job” – buying a home can be a stressful time. Add to this the concern that you’re not buying something with any hidden problems.
And while a home inspector can’t help you with the financial paperwork, they can give you peace of mind that your huge financial investment won’t cost you even more than you’d bargained for.
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Moving to a new city alone presents a lot of unique challenges. Whether you are moving to get a fresh start, restart your career, or develop new relationships, it is essential that you fully prepare yourself to make the entire process easier and less terrifying. Here are six things you need to do if you plan on moving to a new city by yourself:
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It’s important to ensure your home’s value comes out as high as possible in an appraisal. After all, most of the offers you’ll receive require the buyer to get financing through a mortgage lender.
Essentially, the higher the appraised value of your home, the more seamless the home selling process will be.
Taking the time to prepare your home for an appraisal is your best chance of increasing its appraised value. Here are nine tips to help.
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