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Property Management Blog

Blog Post The Advantages of Different Types of Mortgage Lenders

The Advantages of Different Types of Mortgage Lenders

By R&B Legacy PM Friday, April 22, 2022
What kind of lender is best?If you ask a loan officer, “What kind of lender is best?” the answer will be whatever kind of company he works for and he will give you a list of reasons why. If you meet the same loan officer years later, and he works for a different kind ...
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Blog Post Creative Financing

Creative Financing

By R&B Legacy PM Tuesday, April 5, 2022
Creative financing: You’ve heard of it, and, as a seller, the idea sounds pretty attractive. But, do you know everything you need to know about carrying back a second; essentially, about becoming a lender? You better know the same things that financial institutions know - y...
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Blog Post Know Why You are Selling

Know Why You are Selling

By R&B Legacy PM Friday, April 1, 2022
If you know exactly why you are selling then it is easier for you to follow the right plan of action for getting what you want.If you are a seller who needs to close a sale as quickly as possible, then you should know that getting the highest price possible is not one of your pri...
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Blog Post Statements of Information

Statements of Information

By R&B Legacy PM Friday, March 11, 2022
What’s in a name?When a title company seeks to uncover matters affecting title to real property, the answer is, “Quite a bit.”Statements of Information provide title companies with the information they need to distinguish the buyers and sellers of real property ...
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Blog Post Considering Offers

Considering Offers

By R&B Legacy PM Friday, March 4, 2022
When reading an offer, keep in mind that you are out to get the best price AND the best terms for you. If you focus solely on the price, you may overlook terms that could be favorable to you as a seller.Some terms that may work in your favor:higher-than-market-interest in a secon...
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Blog Post Build a Plan of Action and Get Ready

Build a Plan of Action and Get Ready

By R&B Legacy PM Friday, February 25, 2022
Buying a home will probably rank as one of the biggest personal investments one can make. Being organized and in control will contribute significantly to getting the best home deal possible with the least amount of stress. It’s important to anticipate the steps required to ...
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Blog Post Types of Mortgage Lenders

Types of Mortgage Lenders

By R&B Legacy PM Friday, February 11, 2022
Mortgage Bankers.Mortgage Bankers are lenders that are large enough to originate loans and create pools of loans, which are then sold directly to Fannie Mae, Freddie Mac, Ginnie Mae, jumbo loan investors, and others. Any company that does this is considered to be a mortgage banke...
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Blog Post Understanding Preliminary Reports

Understanding Preliminary Reports

By R&B Legacy PM Friday, February 4, 2022
After months of searching, you’ve finally found it -- your perfect dream home. But is it perfect?Will you be purchasing more than just a beautiful home? Will you also be acquiring liens placed on the property by prior owners? Have documents been recorded that will restrict ...
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Blog Post Setting the Price

Setting the Price

By R&B Legacy PM Friday, January 28, 2022
The price is the first thing buyers notice about your property. If you set your price too high, then the chance of alienating buyers is higher. You want your house to be taken seriously, and the asking price reflects how serious you are about selling your home.Several factors wil...
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Blog Post Importance of Inspection

Importance of Inspection

By R&B Legacy PM Friday, January 21, 2022
As a buyer, you are entitled to know exactly what you are getting. Don’t take anything for granted, not even what you see or what the seller or listing agent tell you. A professional home inspection is something you MUST do, whether you are buying an existing home or a new ...
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