Category: Real Estate
Short Selling – Influencing Broker Price Sentiment (BPO)
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When you do a short sale, the lender will most likely request a BPO. BPO is the acronym for Brokers Price Opinion and is a process by which a real estate agent appointed by the lender, goes out to evaluate the property and gives his “opinion” about what the property’s value is. The lender then…
Read MoreAppraisal of your home
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A home appraisal serves as a step in the home buying or selling process that relies on an external factor: the expert opinion of a stranger. Banks use these experts to determine how much a property is worth, thus determining how much the bank would be willing to lend to a buyer. This part of…
Read MoreHow to buy land the right way
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The purchase of land can be seen as a means of investment that can generate an adequate return in the long term. But you have to be very careful before spending a lot of money on any lucrative terrain that attracts attention. There have been many cases of fraud in the purchase of land and…
Read MoreHow to Travel as a Bankrupt College Student
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Step 1: Take advantage of all opportunities and resources. As simple as it may sound, you may not be aware of all the opportunities around you, whether at school or with friends and family. At first it may start with a family vacation when you are younger and then sooner or later Mom and Dad…
Read MoreShould you rent or buy a domestic water cooler?
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Do you want to have a water cooler in your home that gives you the opportunity to enjoy cool, fresh water when you are thirsty? Then there are two viable options for you: rent or buy. Landlords tend to choose to rent. The service includes the delivery of bottles and the sanitation of the equipment.…
Read MoreHow to Build an Army IRR Package
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Package requirements, what to include in your IRR package: 1. IRR Package Checklist, based on Figure B-59 of USAR Booklet 600-5. 2. DA Form 4561, Request for Allocation or Reserve Component Attachment. Completely filled out and signed by the Soldier and the Commander. 3. Your statement / letter of justification and supporting documentation. This is…
Read MoreGRM, Cap Rate and IRR: when and how to use them
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The gross rental multiplier (GRM), the capitalization rate (capitalization rate), and the internal rate of return (IRR) are three terms that you will often encounter in commercial real estate. By the time you finish this short article, you should have a good idea of what they are, why and when you would use them, and…
Read More10 things to know before applying for a VA loan
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Veterans Administration (VA) loans are some of the most common types of loans used in today’s financial market. They offer many benefits to eligible borrowers and are used primarily to purchase, refinance, and even improve a home. Here are 10 important things to know before applying for a VA loan: 1) It is a guaranteed…
Read MoreTips for Choosing a Perfect Home Inspection Company
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Buying a new home is a great investment. Before investing your hard-earned money to buy a home you’ve dreamed of, it’s important that you check every aspect of it. One of the most important things is to have your entire home inspected before signing any contracts in the home buying process. The home inspection industry…
Read MoreNo kidding: there’s a Bibleville RV park on Texas’s Grande Vally River (RGV)
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What is it? Bibleville is a 40-acre nondenominational Bible conference center in Alamo, Texas, where “Winter Texans” (also called “Winter Volunteers”) share their faith and participate in various activities during the winter months. Although it has mobile home and RV hookups, it is not primarily a mobile home park. His emphasis is ministering to Winter…
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