By: Marcelo Steinmander Contrary to what you might think or have been told (or read somewhere), buying a condominium unit is not complicated. If done right, the transaction should feel similar to buying other residential real estate. True, there are specifics to take into consideration with condos that should not be ignored, but none of them should make the process …
Who Are Today’s Landlords?
By Erica Christoffer If you’re looking to get into property management, you’ll want to research your potential clients. And property owners who are considering becoming landlords will be looking for a real estate professional who’s familiar with their needs. According to a recent survey of 2,000 landlords conducted by TransUnion, 44 percent are age 34 and under and 66 percent …
Tips for Buyer’s Agents on Condo Deals
By Scott Newman With the market picking up steam, buyers are out there scooping up homes and they’re counting on you as their agent to help them navigate the treacherous waters of their transaction. When they are buying a condo, that path can be filled with even more landmines, and you have a whole new realm of elements to account …
FHA Condo Financing & Stunting Real Estate Recovery
By Laura Rubinchuk When I heard about the new FHA DELRAP/HRAP guidelines for condo financing, my gut reaction was, “Well, I might as well go find another job.” Some of the subjective guidelines for the new approval process will greatly affect my market: -Proximity to a noise (i.e. busy streets, highways) -Proximity to a gas station -Percentage of commercial space …