The Metro Blog

Sharpen your knowledge on real estate. Read articles recommended by MREIA President, Dan Schwartz. 

March 18, 2019

Chances are you know the seven warning signs of cancer; many people do. But do you know the seven red flags that a lender is taking advantage of you? Or that the loan you are considering is not in your best interests?

If not, the Federal Trade Commission warns in an upd...

March 17, 2019

Q. If I retail a house to someone whose credit is borderline, do I have a responsibility to make sure that they are getting a loan they can afford? I mean, most of these buyers aren’t realizing that if the ARM goes from a 7% loan to an 8% loan, that could mean $120 mor...

February 13, 2019

Q.  I am considering buying a property that is subject to a “life estate”. If I buy this property, what rights do I have as the owner? For instance, can I go into the property from time to time to make sure it’s being kept up? And what are the rights of the life estate...

January 7, 2019

Seller financing helps you “supersize” your real estate investments.

Okay, I confess. Once in a while, I do indulge in McDonald’s burgers. And when I order a #1 combo, they always ask me if I want to “supersize” it.

The supersize combo gives me more fries and more soda,...

June 29, 2018

Q. I’m looking to buy a home where the typical property sells for about $200,000. I have saved up about $25,000. Should I wait until I have $40,000 to buy the home or try to buy it now and pay private mortgage insurance (PMI)?

A. We love that you’re thinking about buyin...

To sell a house quickly, it must be attractive and so should the terms. By fixing your home to present it in the best light and offering flexible terms as well, you have in fact given your buyer an “offer they can’t refuse.” When offering your house for an all-cash pur...

March 17, 2017

Lease/Options and Subject Tos, aka “Getting the Deed” are two very popular ways to purchase real estate with little or no money down. Acquiring investment real estate can be handled with many different approaches, but these two techniques can be implemented with little...

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