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When Your Buyer Defaults...

Friday, February 04

When Buyers Default   Default occurs when the buyer in a real estate transaction does not perform according to the terms stipulated in a purchase and sale agreement.    In most purchase and sale agreements, there is (or should be) a clause that dictates the options a seller has in case of default...


Pricing your next rehab: Using price per sq ft.

Wednesday, January 19

 Pricing your next rehab: Using Price per Square Foot When it comes to pricing your next rehab for sale, there seems to be endless analysis involved, which by the way, can change in a matter of days. One of the guidelines often used to determine a sale price is price per square ...


Is Your Contract Valid?

Thursday, November 04

In a real estate environment where we have a contract for just about any scenario you can come across, it's important to take a step back and recognize whether or not our contracts are valid. While a vast majority could stand up in a court of law, not all contracts between parties are actuall...


So you think you don't do auctions?

Tuesday, October 12

You Think You Don’t do Auctions?   When most investors think of auctions, they think of the courthouse steps.  But, all real estate transactions in form or another, are auctions. It’s important to recognize each type of auction and know when to bid and when the deck is stacked against you. Here’s...


How to use Active Comps....

Saturday, August 28

Sounds simplified, however, if your property isn't selling....this might be helpful... When many brokers "pull comps", they tend to look at pending and sold comparables to gauge the price your property will likely sell at. This makes perfect sense, given that your property is only worth what a ...


Beginning Investor's Guide to Escalation Clauses

Monday, August 16

 Gone are the days of overpaying for a property only to see it appreciate and realize a profit at closing thirty days later. Nowadays, overpaying can mean cutting your profits by thousands....sometimes without even knowing it!   What is an escalation clause? In short, an escalation clause is an a...