The PropertyClub Blog

Word has been getting out that Mississippi is a great place to live, with the state has experiencing a boom in population in recent years, transforming many towns and cities. If you're visiting or moving to the state, read on to discover the twelve safest places to live in Mississippi. 

Most people believe you need a ton of cash in the bank to become a real estate developer. The truth is that you can obtain financing for a development project, but a conventional mortgage won't suffice. Instead, you can get a real estate development loan, which can be used to finance construction projects and other related expenses. Here is a closer look at property development loans and how to obtain one.

You can buy a house with no money by getting a VA or USDA loan. You can also consider applying for a downpayment assistance program if you do not quality for a VA or USDA loan.

The 1% rule in real estate is a quick and simple guideline that investors use to evaluate the potential profitability of a rental property. It states that the gross monthly rental income from a property should be at least 1% of the property's purchase price. The rule is used to assess whether or not a home will produce enough cash returns to cover its respective mortgage and other expenses.

A contract for deed is basically a type of seller financing that enables a buyer to purchase a home and pay the seller monthly rather than paying the bank. The current owner retains the property title until the buyer has made all their payments, at which time the title transfers to the buyer. A contract for deed essentially involves financing through the seller instead of through a bank or lender. 

In real estate, the term "contingent" refers to a status where an offer on a property has been accepted, but the finalized sale depends on certain conditions or contingencies being met. Once the contingencies are met, the deal will proceed and close. If the contingencies are not met, the buyer or seller can back out of the deal without penalties.

Assessed value and appraised value are both used in real estate to determine the value of a property, but they serve different purposes and are calculated differently. Read on for a breakdown of the differences.

If you are planning on buying a house and making a contingent offer, chances are you’ve run into talk of a kick-out clause. So what does this real estate term mean, and how does it work?

Financial struggles can happen to anyone. Whether you’re struggling to find a job or pushing to make a livable wage, it’s all too easy to find yourself in a position where you don’t have enough to pay for the month. If you're unable to pay rent, it's important to take immediate and proactive steps to address the situation.

Most people think that becoming a real estate investor requires good credit or cash to buy a property. While this is true for certain strategies, wholesaling is a real estate strategy that allows an investor to make deals and earn large fees by finding distressed property, securing it under contract, and then selling the contract to another buyer without ever purchasing a property. This process allows the wholesaler to make money without having to actually purchase the property. Here’s a detailed look at how real estate wholesaling works.

Yes, you can sell your home after refinancing as long as you don't have an owner-occupancy clause that requires you to live in the home for a certain period of time in your mortgage. 

In Arizona, California, and Connecticut, those who are 65 years or older can benefit from a rebate. To qualify for rebates, you need to make sure that your name is on the lease for your apartment, live in the state you're renting from as a resident, and not be dependent on someone's tax return. These are the standard criteria for qualifying for a tax rebate across the nation.