Houston Mortgage Lenders
A mortgage is a device used to create a lien on real estate by contract. It is used as a method by which individuals or businesses can buy residential or commercial property without paying the full value upfront. In legal terms, the creation of a mortgage gives the legal title of the land to the ... more...

South Carolina Real Estate - Past and Present Collide
With tons of history and modern development, South Carolina is a unique state. South Carolina real estate is also unique because prices are so low.South CarolinaIt would be an understatement to say South Carolina played a major role in the Civil War. Battles raged across the land and the state has ... more...

Get Out of Debt
It is said that a pet tiger cub can become dangerous if it tastes blood. It will stop at killing no one, not even the people who brought it up. Similarly, once we get the taste of money and the freedom of purchasing through credit, we seem to know no bounds. What do we land up with? Heaps and heaps ... more...

New Mexico Real Estate - The Mystical and Mysterious State
New Mexico is the state of metaphysical influences and unidentified flying objects. Fortunately, there is no mystery about New Mexico real estate. Prices are exploding.New MexicoWith mountain ranges and desert areas, New Mexico is a popular state with outdoor enthusiasts. Once can ski, hike, fish, ... more...

Hawaii Real Estate - Paying for Paradise
Where does one even begin to start when discussing the island paradise of Hawaii. Perhaps with an inflated Hawaii real estate market for those considering relocating.HawaiiFormed by volcanoes, Hawaii is a collection of islands that feel like paradise. In fact, the islands continue to grow with ... more...

Real Estate Valuation
Real estate valuation for single family homes is typically done by using comparable sales. With income properties this just doesn't work well. Imagine if you are looking at a 24-unit building. It would be difficult to find similar ones nearby that have recently sold.It's also not ideal to use ... more...

Real Estate Value
What is real estate value? It isn't what you have into your house. It isn't what you feel it is worth. It is what the market will pay. How do you figure out what the market will pay? For single family homes, the best way is by seeing what similar homes have sold for.Figuring replacement cost isn't ... more...

The Top 10 Steps to Extraordinary Personal Wealth
I recently came across startling figures about the average Americans finances. Only 4% of us have significant savings when we hit age 65, and a majority of Americans have less than $1000 in savings. Perhaps even more troubling, nearly one-fifth of us have a negative net worth, meaning that we owe ... more...

What is Tax-Deferred Exchange?
Under Section 1031 of the Internal Revenue Code, owners of real estate held for investment or use in a trade or business can swap their property tax-free for "like-kind" real estate. Exchanges are made for people wanting to stay invested in real estate, increase their leverage and to avoid paying ... more...