As per the majority’s expectations, the real estate industry didn’t come out of the COVID-19 pandemic unscathed. The National Delinquency Survey by the Mortgage Bankers Association (MBA) reported a nearly 4% increase in the home loan delinquency rate for one-to-four-unit residential properties in December 2022. But how can mortgage delinquencies affect real estate, and how can you navigate the challenges
You’ve probably considered purchasing a commercial building or other rental real estate as a way to grow your wealth. However, if you want to buy an investment property, you should get the timing right. The months of November and December tend to bring some of the best real estate bargains you could ever dream of. Here are some reasons to
A real estate agent has to go through several phases to successfully complete a deal, including finding a potential seller, marketing the property, communicating with the buyer, fixing prices, etc. Among these, the most difficult part is negotiating the amount and finalizing the deal. That is why Fidelity Mortgage Lenders, Inc. is sharing some tips to help you close the
A multifamily home is an investment property with multiple separate units, each with its own legal address, kitchen, and bathroom. One family can reside in a single unit and may access it through a separate entrance. Multifamily units are usually self-contained. Examples include townhouses, condos, and duplexes. This blog discusses the key reasons to buy a multifamily property. Primary Reasons