A contingency is something that must happen for something else to happen. In real estate, a common example is a mortgage loan contingency which means the buyer must be approved for loan or they can not fulfill the terms of the purchase agreement. If the buyer... An HOA can be deal breaker for many properties. Not all HOAs are created equal and it’s important to perform your due diligence about the solvency of the particular HOA for any property that you’re interested in purchasing. In fact, mistakes relating to... “Landlords grow rich in their sleep.” John Stuart Mill Buying a home to rent means a different set of investment criteria than searching for a home to live in. If you will be looking for a place to live yourself, there is personal value attached to aspects of the... “There is something permanent, and something extremely profound, in owning a home.” Kenny Guinn You’ve come a long way in your investment process. At this point, you’ve determined what you can afford, set your investment criteria, chosen your real estate agent and... “In a real estate man’s eye, the most expensive part of the city is where he has a house to sell.” Will Roger Can you imagine purchasing a property with a scenic view only to discover that a few months later, that landscape is replaced by a new highway... Visiting open houses is a great way to get a feel for an area if you’re in the market for a home. Many buyers prefer doing their initial research about a neighborhood by visiting open houses because they are a low-pressure environment. Open house brokers are... 