“Hi Gary. I’d like to start investing in real estate, but I don’t have a lot of extra cash. Is it possible to buy zero-down as an investor?”
***ANSWER:
Zero-down investor loans are hard to get, but not impossible if you have good credit. They’re available on condos, houses, and (if I’m not mistaken) duplexes only.
If you […]
“Hi Gary. I want to figure out how much my home will sell for. Can you email me some comps?”
***ANSWER:
I’d be happy to, but…
By themselves, comps (sold homes comparable to yours) aren’t enough to correctly determine your home value. They need objective interpretation and adjustments.
I can’t tell you how many of my clients only […]
“Hi Gary. How much is a typical deposit on a home and who holds the money?”
***ANSWER:
Deposits vary greatly and many people have different opinions on what’s normal. For me, it’s about 1% of the sales price.
Typically, when you write your offer you give your agent a personal check made out to the agent’s firm or […]