Manuel Nelson, Associate Broker and Mark Brown, Associate Realtor
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Some experienced investors buy foreclosure properties cheaply without even having seen the property. However, most buyers shouldn’t buy a property unless they have had it thoroughly inspected by qualified professionals. Inspections are a necessary part of the homebuying and selling process. Sellers should be leery of buyers who offer to purchase without an inspection contingency. A well-inspected... [Read more...]
Interest rates are low — really, really low. And artificially so, as time goes on, the government is slowly allowing some of the programs they imposed to keep rates low — to encourage buying and a housing recovery — to expire. But it seems that the lower rates go, the lower we want them to be. In the early 1980s, rates ran as high as 15 percent, and people still bought and sold homes.... [Read more...]