Keys to find the right condo that fits me and my lifestyle. Finding the right condo can be stressful. I’ll use the condo rental guide and these easy tips to assist in jump-starting my search for the right condo and shifting closer to a space that’s perfect for me and my lifestyle. Looking to start your real estate school? At Illinois Brokers Academy, we are always working on adding new real estate courses and updating existing ones to provide real estate agents,
Buying renter’s insurance is an intelligent move. While a rental dwelling policy includes the building itself for the landlord, a renter’s insurance policy includes the personal belongings of the tenant. It also provides liability coverage for particular kinds of bodily injury or property damage. Buying renter’s insurance with coverage for personal property is an intelligent move. But, most tenants won’t buy it unless a homeowner needs it. To learn more about continuing education courses and how to receive your managing broker license.
As an independent landlord, the last thing I want to deal with is a tenant that avoids paying rent on time or at all. Considering the average cost of eviction is $3,500, and can reach up to $10,000.It can be a devastating business that I should try to avoid at all. Furthermore, with a very expensive eviction fee, I may be only left with a vacant rental unit. I will most likely have to pay for it out of my
Taking care of my rental being a good tenant might allow for rent negotiations. It also allows for more favorable conditions of the lease. I may not intend to care for my rental space as I would do of my own house, but there is a bundle of reasons to be a good tenant. In addition, to keep my landlord happy, taking care of the rental gives me the upper hand in rent negotiations. Maybe, I can get better lease
What is required to be a distinct neighbor — and what might lead to neighbor disagreements? Read on for ideas to avoid property line disputes, strengthen bonds and manage the real estate community. Whether I own a house or rent, we all borrow the proverbial cup of sugar from our neighbors from time to time. Whether we require a jumpstart, a socket wrench, or somebody to water our plants while we’re hanging out, sometimes we require to ask for assistance. Being
A guide to the closing documents I should keep after I purchase my house! New homebuyers can easily watch the amount of paperwork they own grow after purchasing a house. From a folder full of closing documents to piles, the pages are added up once a home purchase is completed. The inclination may be to keep everything. After all, I’ve just completed the largest purchase of my life. Also, all of those closing documents must have some purpose to keep
Fixed Mortgage or an Adjustable Mortgage? Which one I should go for? There are two kinds of mortgages, fixed-rate and adjustable-rate mortgage (ARM). Every mortgage kind has its highs and lows. If you feel Illinois real estate is the industry for you, check out Illinois Brokers Academy. We offer pre-licensing and post-licensing courses, as well as state exam prep dates. Do check our updates now for more information. What is a Fixed Mortgage? A fixed mortgage has an interest rate that remains
Finished and unfinished basement storage can be tricky. Follow these rules to make sure to keep the things rightly stored in the basement. Ah, the joys of having a basement to my home. It might offer me an extra space to transform into a family room or guest bedroom. It also gives the correct amount of square footage to use for short- and long-term storage. But to store in the basement doesn’t always make for glad home partners. Some basements
Two giant steps in a real estate transaction are the home inspection and home appraisal. Both steps are equally important for the sale. So it’s crucial to know the difference between a home inspection and home appraisal. With it, I’ll also learn how they can blow things up or keep them moving forward. Sound like something you might enjoy? Then, you should explore more about real estate education to help you become the most demanded real estate broker. Click here and
I’ll Make an Home Compelling Offer, But… Home buying contingencies are a common occurrence in property transactions. They fairly indicate the selling and purchasing of a house will only occur if they meet the specific conditions. The offer is given and accepted, but either party can bow out if those conditions aren’t met. Most people perceive home buying contingencies as being tied to financial concerns. A purchaser can give an offer, but it is contingent upon them receiving a mortgage.