Cardinal Creek Properties

  Your home is typically one of the most significant financial investments you will make in a lifetime. Additionally, we place an emotional value on our homes that others cannot realize.  However, mixing emotions and negotiations of this magnitude doesn’t typically end well. Regrettably, when you bring emotions into talks about the sale of your home, it can create a volatile environment and finish in less than desirable ways. Read on as we explore four tips for taking the emotion out of the sale of your Belleville property.  Determine Your Numbers Laying out all of the costs of selling and determining the amount leftover after your sale that you must have as a bottom line can help take the emotion out of the sale of your Belleville property. You will need to research current market values and listings for similar homes near yours, don’t forget to check out the sales price on those which sold recently. A direct buyer like those at Cardinal Creek Properties wil

  Property management matters from the selection of tenants and all that follows. The best location and building in the world won’t overcome the cost of poor management; when tenant complaints are ignored, as a rule, it can become troublesome. Leaving unresolved tenants and management can also lead to non-payment of rent in protest of poor management practices. After all, if tenants aren’t happy, they can leave. Read on to discover the five property management mistakes Belleville investors often make. Assess Priorities If cost is the leading priority for the team you select, this is how investors often make one of the biggest property management mistakes Belleville. Let’s face it; you get what you pay for, including choosing a property management company. If a property management company is pricing their services far below others, they probably lack enough staff to be attentive to the needs of the tenants; when tenants call, and there is no answer, this can be a co

  Please don’t go! With happier tenants overall, your turnover rates will be lower than the average in Belleville, and your income will be steady and reliable, making you a happy landlord. And once you have gone through the trouble of a thorough screening process and have located exceptional tenants, you simply will not want them to leave. These tenants pay their rent promptly, keep open communication lines, and are generally agreeable; these tenants don’t cause waves with other renters. As a bonus, typically, good tenants care for rental properties as if they were their own.  If you know a good thing when you have found one, you will understand why landlords desire good tenants and do what it takes to keep them. To this end, there are tried and true steps landlords can take to sweeten the deal for desirable tenants and entice them to extend their lease and become long-term renters. Read on as we explore five things you can do to keep good tenants in Belleville. Ac

  When you’re selling your home, one of the few things you can control is the method you use to sell, and the method you select can also mean realizing the highest profit. Read on as we explore three unconventional and beneficial ways to sell your house in Belleville. Cash Offer Accepting only cash offers is one unconventional and beneficial way to sell your house in Belleville. With cash sales, closing is often in a few weeks. Sellers select this route because of the relatively simple and speedy aspects of bypassing lenders, underwriters and avoiding the time and red tape involved with dealing with buyers who need help qualifying for loans that may fall through. If you’re interested in cash offers, Cardinal Creek Properties can help!  You may also want to consider selling the property as-is for cash; working with a direct buyer like the professionals at Cardinal Creek Properties means you won’t need to spend any money out of pocket to make repairs before the sale.

  For those positioned to hold the property for an extended time, a rent-to-own agreement can be profitable to sell your property with buyers willing to pay a higher price. A rent-to-own sale earns more because you offer the buyers an opportunity to experience all of the perks of homeownership while repairing any credit issues. Or perhaps they need the time to save for the required percentage the lender requires for their downpayment.  At the end of the agreement, you can set the terms to allow the buyers to walk away or that they will face legal action should they default on the contract. Sellers should contact a real estate lawyer to review their documents and ensure smooth sailing ahead. It’s well worth taking this extra step to avoid legal conflicts over the exact wording of your contract.  Read on as we explore five reasons to consider selling your Belleville house via a rent-to-own agreement.  Set Your Price One reason to consider selling your Bellevill

  There is a great deal to learn about the real estate investment business. While everything can look great about your investment property on paper, dealing with people is not so cut and dried as working with numbers. Whatever you do, do not skip any step in screening tenants, especially checking references and contacting previous landlords. Even with the most up-to-date and thorough screening processes, landlords can expect even the best tenants to cause some damage. Tenants are the life bread of your business plan, and you must understand what kind of trouble you may face if you lack previous property management and don’t have strong people skills. By taking the time to understand the consequences, you will know where to focus your time and energy, and resources to avert damage to your investments before it ever occurs. Read on to discover what to do if your tenants cause damage to your Belleville rental property. Cause The first thing you need to do if your t

  So how does wholesaling work? Wholesalers offer investors the opportunity to realize significant returns on properties without doing all of the leg work for themselves to locate the property. Instead, wholesalers find these properties through marketing efforts that bring in potential investments. Then, they inspect the property and negotiate with the owner. Typically never buying the property themselves, the wholesaler acts as a middleman assigning the contract for the home over to the investor, who is waiting with cash in hand to close on the deal.  With only four steps from start to finish, wholesaling deals happen swiftly, removing the typical delays associated with buying property from the MLS. You also benefit by avoiding paying commissions or other expenses. Cutting out the middle man (real estate agents) saves everyone time and money.  Wholesaling has flourished because of the dual service provided. First, helping property owners who can no longer afford th

  Property wholesalers offer an appealing option to homeowners with a property that wouldn’t typically fare well on the MLS. But what exactly is a property wholesaler? For a small fee, the property wholesalers act as a link between property owners holding troubled properties and investors who are usually cash buyers with little time to locate deals. Property wholesalers bring the two together with the contract, typically never buying the property but instead assigning the contract to the cash buyer.  As a property owner, you may be wondering how working with a property wholesaler benefits you. Read on as we explore four reasons you should work with a property wholesaler to sell your house in Belleville.  Speed Guaranteed One of the reasons why you should work with a property wholesaler to sell your house in Belleville is that a sale is guaranteed. Real estate investors are waiting for investment properties. Once you’ve negotiated the deal with a property wholesa

  Do you own a house and are thinking about selling? Selling the traditional way (through an agent) will give you access to some buyers. However, if you’re asking, “ how do I sell my house owner financing in Belleville IL ” then you’re making a smart move that will give you access to many more buyers! Keep reading to find out how… Introduction to “Sell My House Owner Financing In Belleville IL“ When a homeowner sells their home the traditional way (through an agent), the buyers are typically regular buyers who are trying to get a mortgage to buy a house that they will live in. In some markets, there are a lot of these kind of buyers but in other markets there aren’t as many. And real estate agents typically work with these kind of “pre-qualified” buyers who can get a mortgage through a bank. However, this method of selling is not without its problems. For example, sometimes you have to wait to see if a buyer can even get financing (and sometimes the financing falls through

  sell your belleville il hoarder house fast for cash Selling A Hoarder Home In Belleville IL Some houses have more stuff than others and may seem like they are beyond hope. It happens for various reasons and we aren’t here to judge. These houses, some would call them hoarder houses, are not usually an easy sell. Hoarding has been classified as a mental condition by the American Psychiatric Association and is defined as the practice of collecting or accumulating something. The homes in which hoarders live in can be messy, dirty, smelly and sometimes near destruction. Since Cardinal Creek Properties buys houses as is, we often deal with leftover “stuff” from the sellers, and we don’t mind. We just call them “business as usual.” There is one house that jumps to the front of the line when I’m asked If we’ve ever bought a hoarder house in Belleville. The answer is, “Yes.” The worst was a cute ranch house had been vacant for several years

  Thinking about buying investment property in Belleville? Investors must perform due diligence before closing on the property because it is your last chance to avoid purchasing a bad deal. Sadly, new investors learn these lessons the hard way, oblivious to the red flags that professionals recognize. These deals can escalate into financial disaster and court battles. Due diligence is an inspection of the property’s physical features and an investigation of all financial data to ensure everything is in order.  If you’re buying investment property in Belleville, here are five due diligence questions to answer before closing on the deal.  Time How much time do I need? The period of days allotted in the transaction by law for due diligence efforts may not allow for a full investigation when buying investment property in Belleville. For this reason, it is advisable to request extra time to perform a thorough and complete due diligence process. You’ll want to ensure to