Vacant land can be a truly rewarding investment. Vacant land can also have hidden costs; maybe right away, maybe in the long run. There are annual taxes and potentially property owner’s association fees to consider, not as many tax benefits, cash flow, and property maintenance issues, and market conditions to consider. Call Kingship Properties at … Continued
Selling your house via the rent to own strategy is a great option for both the buyer and seller. The seller can collect rent and additional monies, and the buyer can try the house for a while. There are 2 different types of rent to own contracts, the option to buy and the agreement to … Continued
If foreclosure is looming over you like a black cloud on a sunny day, don’t ignore the rain. Open the letters your lender is sending you and see where you are at in the process. Make sure you find your mortgage documents and read them thoroughly to know what to expect when you don’t make … Continued
You could be selling your house for any number of reasons, but once you decide you want to sell, of course, you want to sell your house fast in Lexington. Here are some things you should do to sell your house fast in Lexington. Appropriate Asking Price The number one thing that will sell your … Continued
For those who need to know how to sell a distressed property in Lexington, we’ll cover the options you have available. Traditional listings for this type of property are not suggested as they don’t attract most buyers, take far too long, and are too costly for most owners of a distressed property. Life can bring … Continued
You own vacant land but you aren’t in it for the long haul and you are sick of paying annual taxes. You initially bought the vacant land to build on, but it doesn’t seem like you ever will. You just accepted an offer on your vacant land and need to decide what to do with … Continued
If you own real estate, you have probably heard of the MLS. It is a members-only website that is joined by real estate agents in the area. They have a local level, a state level, and a national level. Joining this association designates the agent as a Realtor. They must pay to access this service. … Continued
Divorces are difficult. About forty to fifty percent of marriages ended in divorce last year, and the rate is even higher for subsequent marriages. If you are going through a divorce right now, you are probably wondering what happens to your Lexington property after the divorce. Who Keeps The Property? This is something you and … Continued
Now is the time to sell your unwanted house in Lexington to take advantage of the low-interest rates! Price Appropriately The number one thing that will sell unwanted property is to offer it for sale at an appropriate asking price. Spend some time and research the recent comparable sales in the close area to the … Continued
After facing the loss of a loved one who didn’t have a will or investments protecting against the process altogether. To sell a probate property can mean long drawn out proceedings, especially with larger estates. It can be costly to go through, so avoid making the mistake of skipping any of the legal requirements which … Continued
Vacant land can be a truly rewarding investment. Holding on to vacant land can also cost you; maybe right away, maybe in the long run. There are annual taxes and potentially property owner’s association fees to consider, not as many tax benefits, cash flow, and property maintenance issues, and market conditions to consider. Call Kingship … Continued
What is owner financing? This is a type of sale where the owner finances their own buyer or becomes the bank. The owner will usually have similar terms to a bank for a buyer to qualify. They expect a downpayment, interest over a loan, and can also foreclose for non-payment. This is also a great … Continued
We all have rough times every now and again. As a property owner, having a rough time may mean losing the biggest investment of your life: your Lexington house. If you are unable to make your mortgage and insurance payments, you are about to be facing foreclosure with your lender if you miss a certain … Continued
There are a lot of people who have student loan balances hanging over their heads. Are you one of these people? Here are some ways to quickly pay off your student loans if you are a homeowner in Lexington. Stick to the Plan If you can afford the original repayment plan, do it! Most student … Continued
There is no doubt foreclosure will impact you. Besides the obvious strain and emotional impact the situation can have on your family and personal relationships, foreclosure can also devastate your finances. From the clothes you wear to the car you drive, or even where you reside or work, it will have a residual effect on … Continued
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