How Do You Maintain a Vacation Rental Home?
Buying a home to rent out as a vacation rental is an exciting and potentially very profitable investment. There is something special about joining the hospitality industry, even as a one-booking inkeep. It’s fun to prepare the hand towels and little soaps that make an Airbnb or VRBO into a hotel-rivaling experience. But managing vacation rental isn’t just about hospitality. You still need to handle maintenance for the house as a normal structure with a roof and gutters and an HVAC of unknown age.
Why is the Housing Market So Competitive Right Now?
Why is the housing market so competitive right now? The answer pertains to a number of causes…
Bridging the Gap Between Home Loans: Bridge Loans May Help
Purchasing a new home is complex enough. Add in the stress of coordinating the search for your new dream home and closing on the sale of your current one, and the entire process can feel overwhelming. The good news is you have options.
How to Prepare Your Home for Summer
Summer is about to start, which means it’s time to perform some pre-summer preparation and maintenance to make sure that your home is in good condition and ready for summer fun.
How Long Does it Actually Take (From Offer to Ownership) to Buy Your Home?
You found your new home, the seller has accepted your offer, and now what? You want everything to run smoothly and efficiently, so that you can close on time and with minimum hassle, effort or worry. When you understand what happens between offer acceptance and having the keys in your hand, you can relax knowing all the professionals are now playing their part. Achieving that smooth closing takes three things:
Escalation Clauses
You have finally found the house that you spent months looking for, only to realize that you may not get it. Right now, we are in a seller’s market. Homes are on the market for days, only to have multiple offers placed on them. Many people are putting in several contracts, only to come out without a home. Because of this, many real estate and mortgage professionals are putting escalation clauses in their contracts.