Blog
Expand your real estate knowledge and become an aware buyer. Here are some of our latest blog posts to help you out. We try to cover as many interesting real-estate-associated topics as we can - choose the most relevant to you, you won’t regret reading our articles!
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by Coastal Living Properties
1. What type of real estate investment model will you pursue?There are a variety of ways to invest in real estate. You may choose to purchase an undervalued property, fix it up, then offer it for resale. This short-term investment is called a fix-and-flip. Alternatively,…
by Coastal Living Properties
Lumber prices continue to rise, with pricing as of mid-February reaching new record highs. Other materials, such as gypsum and ready-mix concrete, are also experiencing price volatility. In addition, components such as interior doors, shingles, cabinets and others…
by Coastal Living Properties
If you’re a business owner, you already know that moving from your home presents some challenges. You’ll be tied up with the moving process, and you may have to figure out new logistics for your commute. When you own a home-based business, there are a unique set of…
by Coastal Living Properties
The mortgage industry sometimes refers to as a “goodbye” letter. In essence, it’s an advance notice that a homeowner’s mortgage has been sold and transferred to another entity. For many, this might be somewhat surprising. A borrower and a loan officer form a…
by Coastal Living Properties
Established real estate investors and property managers are likely already familiar with 1031 exchanges. The concept itself is simple: Reinvest the proceeds from the sale of a business or investment property into a like-kind investment in order to defer paying capital gains…
by Coastal Living Properties
Buying a home is fraught with all kinds of peril, from home inspections that go terribly awry to negotiations that seem to go on forever and hinge on every little detail. But once you’re through all of that, you’re basically in the clear, right? For some buyers and…
by Coastal Living Properties
When I was 22 and working in a miserable cubicle, it occurred to me that if I had enough rental income, I could retire by 30. Life didn't work out that way, but not because the premise wasn't sound. Unfortunately, it didn't work out because I invested all my money without…
by Coastal Living Properties
Fall may not be the busiest time in real estate, but it can still prove to be a successful time of year for sellers that know how to make the most of the season. Throwing an autumn-centric open house is one such way to attract potential buyers and stay on top of the…
by Coastal Living Properties
With a whopping 95% of home buyers using a real estate agent in the past year, and only 2% buying directly from a FSBO, selling with an agent statistically will get your home sold faster in today's market. Although online resources have made it easier to list your home, the…
by Coastal Living Properties
What Is a Down Payment?Let’s start with the basics. A down payment is the cash you bring to the closing table when buying a home. You may borrow money from the bank in the form of a home loan or mortgage, but a portion of the total cost must come directly from…
by Coastal Living Properties
I came across this article written by a local Remax agent, and I think that it is spot on! Sometimes something that would be a fairly inexpensive fix could keep your home from selling or cost you much more in redecorating allowances or price concessions at the closing…
by Coastal Living Properties
April 15th can sometimes be a frustrating day for tax payers. This year tax payers actually get an extra 2 days to finish up the filing of their tax returns, which are due on April 17th. Did you sell a home in 2017? Do you own a home? See the following infographics for…
by Coastal Living Properties
Are you thinking of buying a foreclosure? Did you know that the previous owner of a foreclosed property has the right to buy the property back whether the new owner wants to sell it or not? That is called the Right of Redemption. The Right of Redemption period used to…
by Coastal Living Properties
One of the very best things about owning your own home is that you can change it to fit yourself and your lifestyle. Home renovations are more popular than ever before, and there are countless shows, blogs, magazines and other resources where you can indulge your dreams of…
by Coastal Living Properties
Buying a house - whether it’s your first or fifth - can be a bumpy process. Between the financing, the availability (or scarcity) of homes on the market in your price range that meet your needs, the offer process, the appraisal and the inspection, there’s a lot…
by Coastal Living Properties
So you’re finally a homeowner – congratulations! This is an important step in anyone’s life, and it’s absolutely normal to feel somewhat (or wildly) unprepared for the realities of owning a place of your own. What if there’s an emergency, or…