Real Estate Talk For Home Owners & Investors

Real Estate Category - The Digerati Life

Our home is our castle. And once we buy a home, we’re embarking on a financial commitment that could potentially span a lifetime. When we purchase real estate, we can expect to deal with home maintenance, home and mortgage insurance, property taxes and perhaps even a remodeling project or two. In some cases, some of us may find ourselves grappling with mortgage fraud, foreclosure or loan modifications. There’s a lot to explore in the real estate industry, which can be rather daunting for first time home buyers. Here’s where we cover a whole lot of topics in this area.

What you’ll find here are articles dedicated to helping you understand the new financial climate as it relates to the real estate industry. We talk about how to enter the home buying market as a first time buyer and what you’ll need in order to get a mortgage in today’s economic climate; we contemplate on how it is to become a real estate investor, and we’ll even take a tour of some unusual properties. We touch on how to save money during the home buying process, discuss how to keep your home in tip top shape without breaking the bank and offer a realistic view of the true cost of homeownership.

Our posts reflect a lot of our own personal experiences with buying property, dealing with foreclosure, and studying the rental market. We also analyze trends in housing and share our opinions on what has transpired in this market. Feel free to share your views on real estate in our articles and discussion threads.

Are you a home owner or ready to become one? Find out more about real estate and property financing, mortgages, ownership matters and investing strategies.

Mortgage Terms Basics: What Kind of Mortgage Should You Carry? Feb 2012

For most people, committing to a mortgage is one of the scariest moments of their lives. Our cave man ancestors would be stunned to see people working for thirty years just to own a home. Back in the old days, you just found a cave, chased the bats out of it, and moved in. We [...]

Is Investing In Rental Property A Good Move? Jan 2012 41

Want to be a landlord? Here are some points to consider. For those of us who are investors, real estate has been considered as a decent, long-term investment that can provide us with some reasonable level of diversification. Its historical returns have been somewhat lower than stock market returns over the long run as measured [...]

Trade Your House Through A Home Swap or Vacation Rental Service Jan 2012 14

This house for trade! There are a couple of ways that homeowners engage in home swaps. We’ll talk about both of these ideas. How To Trade Your House In The first method is to actually swap your home permanently for another residence. Sounds like an outrageous thought, but there are services that actually support these [...]

Understanding A Loan Amortization Schedule: How To Calculate Mortgage Payments Oct 2011 3

Amortization means “to kill”. Follow the etymology far enough, and you end up with the Latin root of “mort”, meaning death. What are you killing? Your debt, of course. You can use an amortization schedule (or amortization table) for any type of loan, but such a schedule is most commonly used with mortgages due to [...]

How To Avoid Becoming House Rich & Cash Poor Sep 2011 5

Back before the nation’s housing market ended up going to the dogs, it was acceptable — and even smart(!) — to pursue a home with as little money as possible. Indeed, many families felt that the risks they were taking by chasing a dream seemed worth the future rewards of the real estate bubble. Now [...]

The Perils of Real Estate Leveraging: A Case Study Sep 2011 28

It’s been a while since the wobbly real estate market took center stage. There were a few infamous celebrities that came out of that period. Someone who may sound familiar to you is a fellow named Casey Serin, who gained notoriety for pulling a few crazy stunts during the real estate mania and subsequent collapse. [...]

Property Next Door Devaluing Your Home? 10 Ways To Handle It Sep 2011 9

Real estate depends on location. But even a nice location can have a problem. Sometimes, when driving around suburbia on our way to visit friends or family, we take the Bay Area back roads. At times, we find ourselves lost in the elegant settings of some of the ritziest neighborhoods in Silicon Valley, those which [...]

5 Tips To Track The Property Values In Any Neighborhood Aug 2011 13

As we’ve seen in the recent past, a downturn in the real estate market can have repercussions in other aspects of our lives, from employment to consumer spending and beyond. One way to determine if your area’s improving is to compare your local real estate market to the national real estate market. A few signs [...]

How To Find & Work With The Ideal Real Estate Agent Jul 2011 18

Buying and selling a home can be a lot of work, but a knowledgeable real estate agent can save you effort, time, and money. Just walking into the nearest real estate office or hitting the top results on the search engines might not give you the best results, though. With that in mind, here are [...]