Real Estate Foreclosure Rates Fall Lowest Since 2006

Posted by Chris Clothier on Fri, May 30, 2014

Some investors have ongoing concerns regarding the real estate market, particularly when it comes to a relatively weak demand for homes. There’s some news to be celebrated right now, however. The number of lenders that have initiated real estate foreclosures has fallen to the lowest level it’s been in almost 8 years.

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Topics: real estate investing, real estate investors, foreclosure rates

Why Repair?: Weighing in for Real Estate Investors

Posted by Chris Clothier on Tue, May 27, 2014

For real estate investors, property renovation can be a tricky business. In most cases, repairs and renovations are done primarily to boost the property value of an investment property. Investors go to great lengths upgrading kitchens and adding on an extra bath to see gains in their bottom line. In some cases, the repairs and renovations are being done to boost the rental rates of properties.

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Topics: real estate investors, property renovation, property value

Finding Fantastic Investment Property Management

Posted by Chris Clothier on Tue, May 20, 2014

Not everyone is cut out to be a property manager. If you’re a real estate investor who has decided not to take on the responsibilities of property management yourself, it’s vital to make sure your properties’ day-to-day duties are in good hands. On the flip side, maybe you’re an investor wondering what it takes to be an effective property manager. Do you have the right qualities for the job? Or how to you make sure you know you’re putting your investments in the right hands?

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Topics: investment property management, Memphis property management, property managers

Mortgage Pre-Approval Very Important Before Investing in Real Estate

Posted by Chris Clothier on Mon, May 12, 2014

Getting Pre-Approved Before Investing

As many of you know, if you want to use traditional financing when purchasing a property from any of the Memphis Invest companies, a pre-approval with one of a dozen different lenders is required.  Why is that a requirement?  As you can see with the infographic below, a pre-approval letter not only gives you a ton of credibility, but it also gives you peace of mind.

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Topics: real estate investing, Zillow, mortgage pre-approval, real estate financing

With Mortgage Rates Actually Falling...What Are Your Plans?

Posted by Chris Clothier on Tue, May 6, 2014

Ah, mortgage rate news. Mortgage rates do, after all, impact the state of the real estate market, nationally and locally. In 2014, mortgage rates have been holding a relatively steady pattern. According to Freddie Mac, the national mortgage rates in the U.S. real estate market have actually decreased a fraction since earlier in April.

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Topics: real estate market, mortgage rate news

Buying a Property With Your Head, Not Your Heart

Posted by Chris Clothier on Thu, May 1, 2014

There’s nothing wrong with falling in love. Unfortunately, we all have to keep our heads on straight when it comes to love. Getting your heart involved in something is always a risk - especially when it comes to a significant financial investment. 

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Topics: real estate investors, buying a property