While the news you’ve inherited a house may sound like a windfall, you may have an entirely different perspective if you should discover you’ve inherited a hoarder house. Inheriting a house from a hoarder brings a unique set of considerations. Hoarders assign value to possessions that no longer serve them and fill their homes with … Continued
If you own a home when you file for bankruptcy, it becomes part of the bankruptcy estate, the property or assets you own. In October of 2022, there was a twenty-seven percent increase in chapter 13 bankruptcy filings over the previous year. Bankruptcies, including all chapters, total a seven percent increase overall, which correlates strongly … Continued
Are you an absentee owner considering selling your vacant property? Absentee owners often need help managing the logistics of interactions with realtors, buyers, and other professionals, often missing time from their work, family, and friends to travel to the property. The conventional listing process is highly costly. With so much riding on the line, it … Continued
From the initial prep work to the day-to-day pressure to keep your home picture perfect for possible last-minute showings, listing a home for sale can be a stressful and exhausting experience for the entire family, not to mention expensive and highly time-consuming. However, suppose your property or circumstances are not a perfect fit for listing … Continued
When a listing lingers on the market, sellers experience a long road of hopeful anticipation followed by disappointment as the days, weeks, and months pass. As a result, plans for the future must hold, and stress levels have likely risen as costs for holding onto the property continue to roll in like the tides. Furthermore, … Continued
What do you know about transactional funding? Wholesalers often locate deals with motivated sellers who agree with the arrangement. The wholesaler then locates an end buyer, making a slight profit without being involved in the actual transaction. However, there are cases in which this isn’t always an option; for example, no assignment clauses often force … Continued
Time is money, which is especially true when discussing real estate investments. Don’t let your current financial status affect your future. While you can attain financing from sources other than conventional lenders, you should constantly strive to repair any damage to your credit as you build your portfolio and increase your monthly cash flow. If … Continued
When you have a lien on your home from tax debt, your increasing penalties and interest are likely adding pressure to your situation. Because tax debts continue to climb as time passes, taking quick action will save whatever equity remains and remove the dark cloud that lingers over your head. Whatever you do, don’t try … Continued
Leveraging to purchase real estate in Kansas City allows investors like you to grow the wealth necessary to create the retirement of your dreams and create a passive income stream from your investments. Unfortunately, our real estate investment business needs and our available funds don’t always align, and leveraging other people’s money allows savvy investors … Continued
Liens, judgments, title issues, or encumbrances can cause a cloudy or defective title because it makes it difficult to discern the proper owner. In addition, a cloudy or defective title creates issues if you need to sell your home because most buyers use traditional lenders to attain a mortgage. When buyers qualify for a loan, … Continued
