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This week’s question comes from Mantas on the Real Estate Rookie Facebook Group. Mantas is asking: My buddy placed an offer substantially above asking price and the seller, before accepting the offer, asked my friend if he would pay the difference if the appraisal came in lower than the offer. Anyone encountered this situation and […]

When building your budget, do you have a line designated for “economic downturn” or “high inflation?” Probably not. Many financial freaks like Carl and Mindy Jensen don’t prepare for economic anomalies like rampant inflation or double-digit stock market losses. And like most Americans, they’re finding it hard to not spend more money every month. Carl […]

ShareShare Article via FacebookShare Article via TwitterShare Article via LinkedInShare Article via Email Don Fandetti, Wells Fargo, joins ‘The Exchange’ to discuss Wells upgrading Rocket Companies to overweight and the impact on mortgage lending from Fed tightening. 04:12 Wed, Jul 6 20222:10 PM EDT Source link

Everyone wants to know how to invest during a recession. We get it—things aren’t looking too good. Inflation is crossing all-time high territory, your rent is going up and so are interest rates, and many investors are wondering if a stock market crash is on the horizon. It’s normal to be scared, but it’s even […]

Lifestylevisuals | E+ | Getty Images Homebuyers are feeling the squeeze of rising mortgage rates. On top of that, housing prices remain high. That may lead many to rethink their budget. “As mortgage rates go up, it raises the cost of buying a home with a mortgage,” explained Danielle Hale, chief economist at Realtor.com. “For […]

Andrew Bresee never wanted to work for someone else. “I don’t want to build somebody else’s dream,” he says. “I want to build mine.” And that was his motivation for putting in the work it would take to become financially free just two years after buying his first investment property.  In an episode of the BiggerPockets […]

Dubai is seeing its hottest real estate market in years, with sales in the sector up 45% year on year in April and 51% in May, according to the Dubai Land Department. DUBAI, United Arab Emirates – The team at Dubai property firm Mira Estate have reason to celebrate.  The luxury real estate company just […]

Running a successful rental property business seems like managing a never-ending list of “to-dos.” First, landlords and rental property owners must deal with collecting monthly rent, screening prospective tenants, and trying to keep tenants happy. Then there are unexpected events to take care of like emergency repairs, tenant disputes, or the lengthy process of evicting […]

Patchogue, N.Y.: A home for sale, under contract, on Center Street in Patchogue, New York on May 17, 2022. Steve Pfost | Newsday | Getty Images In many areas of the country, homes continue to sell even as rising mortgage rates, high prices and recessionary concerns filter through economy. During the recent real estate boom, […]