Introduction Investing in low-income housing properties can provide benefits to investors while also helping provide affordable housing options. This type of real estate investment focuses on properties rented out to tenants that meet low-income thresholds based on area median income. Low-income housing investments can take various forms, from individual rental properties to large apartment communities … Continued
A Unique Opportunity in Addiction to drugs and alcohol continues to impact countless lives across the country. While many people seek treatment, maintaining long-term sobriety after rehab can be extremely challenging without proper support. This is where sober living homes come in. Sober living homes provide structured, drug- and alcohol-free housing to help people in … Continued
Invest in Your Future With College Housing in Richmond With multiple prominent universities and tens of thousands of students, Richmond offers lucrative opportunities for investing in college housing. Purchasing properties near campuses can provide impressive returns through reliable rental income, high occupancy rates, and increased home values over time. While any real estate investment carries … Continued
College housing, sober living, and more! Learn how these alternative housing types can have big impacts on your portfolio.
Introduction A real estate contingency is a condition that must be met before a real estate transaction can be completed. It allows the buyer or the seller to back out of the deal if certain predefined events do not occur. Real estate contingencies are very common in real estate purchase agreements and they benefit both … Continued
Introduction A home appraisal is a critical part of the real estate transaction process. An appraisal is an estimate of a home’s market value based on comparable recent sales, the home’s condition, and the state of the local real estate market. Appraisals are typically ordered by the home buyer’s lender once the buyer and seller … Continued
Introduction After an offer is accepted on a home, the buyer will typically conduct a home inspection before completing the purchase. Home inspections play a critical role in real estate transactions, allowing buyers to evaluate the condition of the home and identify any issues that need to be addressed. However, inspections can also create problems … Continued
Introduction to Title Searches and Title Insurance A title search and title insurance are critical steps in the real estate closing process. They help ensure a smooth transaction free of unexpected legal or financial issues. A title search, often referred to as a title examination, is a detailed review of the property’s title records. It … Continued
Introduction The real estate closing process involves many steps that must happen in the right order to successfully complete a home sale transaction. This process requires coordination between the buyer, seller, real estate agents, lender, title company, and more. The very first step in this process is opening escrow. This kickstarts the behind-the-scenes work needed … Continued
Selling your house in Richmond? Here's what you can expect during the escrow process.