AuthorRyan McCoy is a Licensed Home inspector in the Peoria, IL area. His attention to detail and quality work ensures the inspection process is seamless and informative. Join us as we delve into the many details of a home inspection and how to keep your house running efficiently and cost effectively. Archives
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Buying a Foreclosed Home12/2/2020 by Nick Gromicko, CMI®Purchasing foreclosed homes in desirable areas at below-market values can be a sound investment strategy. Appreciation on their original prices may be tax-free. Buying foreclosed rental properties can provide positive cash flow, as well as valuable tax deductions. On the other hand, buying a foreclosure involves homework, patience, and a certain amount of luck. For those wishing to get a bargain house through the foreclosure process, it’s best to learn the basics. Four Ways to Buy a Foreclosed Home
Article courtesy of InterNACHI.org Contact our licensed inspectors with questions or to schedule a home inspection. See Related Articles Building a Home Choosing a Manufactured Home Eco-Friendly Relocation Why You Need Home Insurance Manufactured Home Standards Rehab a Home Using Section 203(k) Remodeling Is a Poor Investment Strategy Home-buying, Home-financing & the Settlement Process The Ten Best Places to Hide Valuables in Your Home Three Mistakes Every Home Buyer Should Avoid Buying a Home in a Rural Area? A USDA Loan May Be Right for You VA Loan Basics Why Get a Home Inspection If You're Buying "As Is"?
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2/19/2021 11:10:09 am
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7/5/2021 09:09:04 am
Love your article, very well-written!
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8/10/2021 01:01:21 pm
it's important to keep everything tidy for buyers, and you never know when a buyer is going to want to schedule a last-minute tour. Remember to take special care with the bathroom, making sure the tile, counters, shower, and floors shine.
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10/14/2021 09:35:53 am
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10/18/2021 01:37:32 pm
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11/4/2021 03:27:27 am
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12/20/2021 04:20:32 pm
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5/25/2023 09:31:30 am
I like how you mention it is important to have good credit when trying to buy a new home. I've been thinking of moving, so I will need a real estate agent to help me with buying a new home. I will make sure to build up my credit before starting the buying process.
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6/16/2023 02:10:26 pm
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6/23/2023 06:13:31 am
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lisa
7/13/2023 01:41:47 pm
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7/14/2023 03:26:31 am
The real estate market is influenced by various factors, including supply and demand dynamics, interest rates, economic conditions, and government policies. These factors can greatly impact property prices, rental rates, and overall market activity, making it essential for investors and homeowners to stay informed about market trends and fluctuations.
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7/14/2023 01:55:52 pm
Sustainable real estate practices have gained prominence in recent years, focusing on energy efficiency, green building design, and environmentally friendly features. Developers and investors are increasingly adopting sustainable strategies to minimize environmental impact and attract environmentally conscious buyers.
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7/31/2023 02:09:01 pm
The concept of real estate investment trusts (REITs) has gained popularity over the years, allowing individuals to invest in real estate without direct ownership of properties. REITs operate like mutual funds, pooling funds from multiple investors to invest in various properties or real estate-related assets. This investment model provides investors with regular dividends and offers a more accessible entry into the real estate market compared to purchasing properties outright.
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8/24/2023 04:17:36 am
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