The final walkthrough provides buyers an opportunity to confirm the completion of any repairs the sellers agreed to and ensure the property is in the same condition it was when their offer was accepted. New owners should pay close attention to detail to avoid costly oversights. Here is a checklist to guide you through the final walkthrough.
Outdoor living has become a valued commodity in luxury homes. Backyard space has evolved from small wooden decks to functioning outdoor kitchens, infinity pools, cabanas, outdoor fire pits and more. As outdoor living space has progressed into an extension of the home, families spend more time in the space. Patio and decking materials have also advanced.
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When planning any project you should take a few moments to really plan it through, consider all your options and organize all the steps that need to be taken before the project begins.
Begin with deciding the details of your project and thoroughly discussing these details with any and all parties who will be involved in your project. Once everyone is in agreement of these details you can begin deciding how to accomplish your end goal. What steps should be taken and who should take them. It is important that all those involved in your project know and understand every step that needs to be taken and what the anticipated end result will be.
Family Rental Markets have Highest Returns
There’s some good news for investors in single-family homes—particularly if you choose to rehab and rent, rather than sell, them.
A recent report by CoreLogic, a Santa Ana, Calif.-based provider of consumer, financial and property information, provides some insight into the single-family rental market and even indicates which markets across the United States have the highest rental cap rates.
With the recent emphasis on REO-to-rent programs, this is valuable information for single-family home investors.