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Property Management Blog

Blog Post Which ARM is the Best Alternative?

Which ARM is the Best Alternative?

By R&B Legacy PM Friday, May 27, 2022
How would you like a mortgage loan where you did not have to make the whole payment if you did not want to? Or would you like a loan with an interest rate about 1% below a thirty-year fixed rate mortgage and pay zero points? Or a loan where you did not have to document your incom...
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Blog Post Why You Should Not Make Any Major Credit Purchases

Why You Should Not Make Any Major Credit Purchases

By R&B Legacy PM Wednesday, May 25, 2022
Don’t go on a spending spree using credit if you are thinking about buying a home, or in the process of buying a new home. Your mortgage pre-approval is subject to a final evaluation of your financial situation.Every $100 you pay per month on a credit payment could cost you...
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Blog Post Condominium and PUD Ownership

Condominium and PUD Ownership

By R&B Legacy PM Friday, May 13, 2022
Builders, in an effort to combat the dual problem of an increasing population and a declining availability of prime land, are increasingly turning to common interest developments (CIDs) as a means to maximize land use and offer homebuyers convenient, affordable housing.The two mo...
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Blog Post Making a Good First Impression

Making a Good First Impression

By R&B Legacy PM Friday, May 6, 2022
If you want buyers to be interested in your home, you need to show it in its best light. A good first impression can influence a buyer both emotionally and visually, thus prompting them to make an offer. In addition, what the buyer first sees is what they think of when they consi...
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Blog Post Use a Buyer's Agent

Use a Buyer's Agent

By R&B Legacy PM Friday, April 29, 2022
It’s important that you choose an experienced agent who is there for you. Your agent should be actively finding you potential homes, keeping you informed of the entire process, negotiating furiously on your behalf, and answering all of your questions with competence and spe...
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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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