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Real Estate Transactions Archives

When might a short sale be right for you?

Sometimes unexpected events happen in one's life that create havoc. There may be a death of a loved one, divorce, medical bills or the loss of a job. In such circumstances, people may lose the ability to pay for their homes. Fortunately, there are many options that homeowners may be able to pursue that will allow them to stay in their homes. Some other strategies may result in the loss of the house, but not leave the homeowner with such crippling debt.

Finding an alternative to foreclosure

Many people who are worried about losing their home to foreclosure want to find an alternative that will help them solve their financial issues. The good news is that there are many alternatives to foreclosure. In the vast majority of situations, taking early action to address the foreclosure proceedings can make it possible for people to find a more favorable option.

Increasing the value of your home before selling

If you are thinking about selling your home in the near future, you will be wondering how much you will be able to sell it for. Comparing similar homes that recently sold in your area is a good way to gain an estimate. You will, of course, be interested in maximizing the sale price, and this requires attention to detail and hard work.

Common contingency clauses used in real estate transactions

Real estate transactions can be both exciting and stressful. You might be ready to purchase your first home as a married couple or you might be getting ready to sell the family home after 20-plus years. Either way, you should know all about the various contingency clauses that can be included in the contract.

West Texas and the Hill Country are booming on Airbnb

Airbnb customers are finding temporary lodging in West Texas and the Hill Country and helping to drive up the popularity of real estate in these areas. According to Airbnb, five rural counties in Texas have brought in over $1 million in earnings from August 2017 to July 2018. Equally impressive was the growth rate in the 177 rural county Airbnb's in Texas, which saw an increase of 93 percent. That's double the growth rate in urban counties.

Local commercial property firm invests in San Antonio apartments

The local real estate investment company, Internacional Realty, recently purchased a massive, 208-unit-sized apartment complex in Universal City. The firm bought the property from Lowe Enterprise Inc., a real estate development firm based out of Los Angeles. The apartment complex in question is named Sunrise Apartment Homes.

Termite types to watch out for

A termite infestation can absolutely destroy the value and livability of a property, so it's vital that you do not inadvertently get trapped in a new home purchase that has a termite problem. When purchasing a home, it's always best to hire a professional to do a home inspection. This should include inspecting for signs of termites. However, you should also do your part to look for termites.

Search for these things to identify a problematic home

Before purchasing a home, every San Antonio home buyer should contract a home inspector to perform a thorough review of their real estate purchase. However, home inspections do not come cheap, so prospective buyers might want to do a cursory review of the home themselves. In some cases, home buyers can rule out a prospective purchase without the need for a professional inspection.