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Monthly Home Maintenance Checklist

Maintenance performed regularly and on schedule provides optimum longevity and helps prevent potential breakdowns or malfunctions. Beyond maintenance procedures for operational sake, the primary (and most important) reason for checking, inspecting, and constantly tuning up your home is to ensure maximum safety for you and your family. Make these tasks part of your monthly home…

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ATTOM: Foreclosure rates returning to pre-pandemic levels

ATTOM’s 2022 U.S. Foreclosure Market Report shows that foreclosure filings are up 118% compared to this time last year. In August alone, lenders in the United States began the foreclosure process on 23,952 properties. Numbers that high haven’t been seen since before the COVID-19 pandemic. “Two years after the onset of the COVID-19 pandemic, and after…

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Top 10 Real Estate Markets for Cash Flow in 2022

This is a rerun of a story from Fundrise & BiggerPockets The vast majority of real estate investors get into the industry to pursue passive cash flow. Unfortunately, over the last several years, finding deals with strong cash flow has become a challenge. However, there are still plenty of markets in the U.S. that continue to offer…

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Why Is Inflation So High? Why Was 2008 Different?

This is a reprint of a Bigger Pocket Article J Scott J Scott (he goes by “J”) is an entrepreneur, investor, advisor, and author. There’s a lot of uncertainty surrounding the economy, real estate market, and the role of inflation in the economic environment. When it comes to inflation, it’s important to identify how we…

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Pros &; cons of buying out-of-state rental property

Not everyone can afford to invest in rental property in the area they live in. In some regions, housing prices are so high that it may be difficult to add to your real estate portfolio. Whether cash buyers outbid you or you can’t get financing to cover the high costs, it puts a damper on…

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What Happens to Home Prices When Interest Rates Rise?

This article is attributed to New Silver Hard Money Lenders The pandemic has brought about major changes to interest rates, and this has had a knock-on effect on the price of homes in an interesting way. We take a look at what happens to home prices when interest rates rise and what’s next for 2022.…

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BUILDING MATERIAL PRICES MARGINALLY INCREASE DURING FEBRUARY

Building Materials Prices Increase Slightly, Held in Check by Metal, Gypsum, and Concrete Products BY DAVID LOGAN on MARCH 16, 2022 • (1) The prices of goods used in residential construction ex-energy climbed 1.6% in February (not seasonally adjusted), according to the latest Producer Price Index (PPI) report released by the Bureau of Labor Statistics. Building materials prices increased 20.4%, year-over-year, and…

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New Home Sales Down 4.5% in January

New Home Sales Down 4.5% in January   The U.S. Government is reporting that sales of new single-family houses in January, 2021 were at a seasonally adjusted annual rate of 801k, which is 4.5% lower than December’s revised rate and is 19.3% lower than one year ago.  The median sales price of new houses sold in…

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14 Questions to Ask Before You Hire a General Contractor

When looking to hire a contractor for your building or remodeling project, you may feel a little overwhelmed and unsure of how to guarantee they are not only legit but also the best at what they do. Do you remember playing the game 20 Questions as a kid? Hiring a contractor is similar. You have…

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How Does New Credit Impact Your Score/FICO

We’re not credit experts but we have a referral partner National Care Credit  (NCC) who are.  This is the latest from NCC. The new credit section of your credit is broken down into basically two parts: Inquiries (where you have already received brilliant tips on) and new accounts. When obtaining a new account, regardless of…

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