Home inspections are a valuable tool for all buyers, including investors. Being a savvy investor does not mean being a risk taker. Most investors are not skilled contractors. Nor do (most) investors have a general contractor on call to conduct a walkthrough prior to closing. Home inspections also help investors plan their renovation and account […]
Author Archives: George Herchenroether
Luxury Vinyl Plank vs. Hardwood: A Four Point Comparison
Vinyl Plank or Hardwood are Popular and Very Different but Both Add Value When it comes to flooring options, luxury vinyl plank (LVP) and hardwood are two popular choices that offer distinct advantages. While hardwood has long been synonymous with elegance and natural beauty, luxury vinyl plank has gained significant popularity for its affordability, durability, […]
Leveraging Home Equity: Unlocking Potential to Increase Home Value
Five Tips for Using Home Equity to Raise Your Home Value Homeownership provides numerous benefits, one of which is the opportunity to build equity over time. Equity is the difference between the current market value of a home and the outstanding balance on the mortgage. While equity can be a valuable asset on its own, […]
Choosing the Best Flooring for Your Finished Basement
Consider Flooring that Maximizes the Comfort and Style for Your Finished Space Finishing your basement is a fantastic way to maximize your home’s space and increase its value. However, when it comes to selecting the right flooring for this unique area, there are several factors to consider. In this blog post, we’ll explore the best […]
Four Reasons for Choosing Deed in Lieu of Foreclosure
Deciding on a Deed in Lieu can Help Avoid the Major Impacts of a Foreclosure When homeowners find themselves unable to meet their mortgage obligations, they often face the daunting decision of foreclosure. However, an alternative option known as a “deed in lieu of foreclosure” provides several advantages worth considering. In this blog post, we […]
Short Sale vs. Foreclosure: Understanding the Differences
Homeowners Who Fall Behind in Mortgage Payments Face the Risk of a Short Sale or Foreclosure When homeowners face financial difficulties and struggle to make mortgage payments, they may find themselves considering options like short sales or foreclosures. Both short sales and foreclosures are processes that can help homeowners in distress find a way out […]
Key Metrics for Real Estate Investors: 10 Key Indicators
Real estate investors succeed when they are well informed. The ability to assess properties with precision can mean the difference between a lucrative venture and a costly mistake. To ensure your real estate investments are grounded in solid analysis, here are the 10 key metrics every real estate investor should know: **Cap Rate (Capitalization Rate):** […]
Selling a House Worth Less Than Its Mortgage
Strategy is Needed for Homes that are Upside Down on Value Selling a house can be a challenging task, especially if the property’s market value is less than the outstanding mortgage. However, with careful planning and strategic decision-making, it is still possible to navigate this situation successfully. In this blog post, we will explore several […]
Embracing Openness: Structural Changes for an Open Concept Home
Creating a Beautiful Space with an Open Concept Home Requires More than Knocking Down Walls The concept of an open floor plan has gained tremendous popularity in recent years, revolutionizing the way we design and experience our homes. Open concept homes offer a seamless integration of living spaces, creating a sense of openness, fluidity, and […]
Elevate Home Curb Appeal: Five Ideas to Boost Sale Value
First Impression for Buyers Happens When Driving Up to a Home When it comes to selling your home, first impressions matter. Enhancing your property’s curb appeal not only entices potential buyers but also increases its potential sale value. By investing in a few key areas, you can transform your home’s exterior into an irresistible showcase. […]