What is a hard money lender? The real estate term may conjure up visions of crooked-nosed guys who’ll cut off a borrower’s pinkie finger for flaking on a hard money loan. But you can rest assured that, despite the “hard money” moniker, these professionals aren’t thugs. In fact, these lenders fill a legitimate niche in the housing market for […]
The Housing Slowdown May Be Ending: What Buyers, Sellers Need to Know
The much discussed—and, in some quarters, much feared—housing slowdown may be coming to an end. The real estate softening that began last summer, marked by a surge in homes hitting the market and fewer sales after years of crazy-high annual price growth, may show signs of reversing course by this fall, say housing experts. That’s […]
Airbnb: How Renting Out Your Property Can Help You Get a Mortgage
Short-term rental sites such as Airbnb have changed the game for homeowners. Renting out your entire home—or part of it—is an attractive way to make extra cash. In fact, some developers are even building homes aimed at first-time home buyers with separate bed-and-bath areas designed to be rented out—a twist on the classic in-law suite. But how does […]
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