Cardinal Creek Properties

  When you take on the role of selling your home, the questions you ask your buyer can guide you to the most positive and profitable experience. You can narrow down the best offers and focus on the best candidate with these five questions to ask a home buyer when making an offer for your house in Belleville. Have an Agent? When a buyer makes an offer for your house in Belleville, you should be sure to ask whether or not they’re working with an agent. If not, they’re likely your friendly neighborhood looky-loo, so don’t waste your valuable time. However, did you know you could benefit from working with a direct buyer like those at Cardinal Creek Properties, who will handle all of the details and paperwork without the expense of commissions, hidden fees, or any closing costs? Pre-Approved? Another question for buyers when they’re making an offer for your house in Belleville is if they’re pre-approved. If the amount they qualify for is unknown, they are disorga

  Buying land is an investment asset often overlooked by real estate investors. Yet, the land offers a variety of methods to earn income and build wealth over the long term. Healthy real estate portfolios have a well-balanced selection from every market sector, and land should be a part of that picture. This diversity gives your portfolio security against economic downturns which may affect one market sector, with your investments in the other areas carrying you through.  When investing in assets, you should be considering the economic model of supply and demand; the land is a finite resource and will always be in demand. However, unlike stocks with values that can fluctuate drastically, the land is tangible, and the equity in it won’t completely disappear from your possession overnight. So read on as we explore five things you should look for when buying land in Belleville. Budget You should understand your finances clearly, how much you can spend on the land a

  If you’re looking to sell your house or investment property in Belleville without using a  real estate agent , we can help. Although we do cooperate with brokers, sometimes it’s best to avoid paying someone to be in the middle. After all, paying 5-6% of the sale of a property in a commission is a lot of money. In certain situations, IL brokers and real estate agents can be very useful and earn their commission. Not always. There’s a few ways to avoid paying high commissions in your IL sale. First, there’s a tricky custom that you’ve gotta know about. In most sales in Belleville, roughly half of the commission you pay as the seller goes to pay for the buyer’s broker. Doesn’t make much sense, right? Why should you pay for the agent on the other side of the table? Truthfully, it defies logic – it’s just what’s typically done. You can use that to your advantage in a few ways. First, factor in the commissions paid when you’re looking at the comparable sales. If the propertie

  Savvy real estate investors who seek to diversify their portfolios understand the potential returns and the unlimited number of creative uses that land can offer. Often, these entrepreneurial investors combine other business interests with creating wealth through their real estate investments and develop a parcel of land to grow their business further. Whatever your investment strategy may be, you should have a plan that you follow step by step before ever looking at any land to avoid making a mistake that could be financially devastating. Regrettably, history tends to repeat itself. Therefore, it’s wise to enter this venture with a keen awareness of land investor errors, learning from the errors of others instead of your own. So read on as we explore these four common mistakes to avoid when buying land in Belleville. Financing When buying land in Belleville, a common mistake is shopping without the available funds to purchase and develop the property or arran

  If you’re investing in rehab properties in the Belleville area then make sure you read this blog post because it will give you the top 6 things you need to know about rehabbing an investment property in Belleville… Rehabbing investment properties can be fun and can make you a lot of money. But don’t go into it uninformed! Just because the people on those rehabbing shows on TV are doing well doesn’t mean you will automatically cash in big time. Make sure you know these top 6 things you need to know about rehabbing an investment property in Belleville. Top 6 Things You Need To Know About Rehabbing An Investment Property In Belleville #1. Not Like TV A lot of people get into rehabbing because they see people doing it on television. However, you need to remember that television shows are edited down to 30 or 60 minutes, from weeks or months of work, plus they only show you the big stuff – the big money, the long odds, the big wins. Everything else doesn’t make it to air, b

Selling a home is usually a relatively simple process, but it does become much more difficult when getting divorce attorneys, judges and two people who are not seeing eye to eye involved. Since your house is likely your largest asset, it is important to make the sale of your home worthwhile so both of you can jump into the next phase of life in a good financial situation. Here are a few things you can do while selling your Belleville home during a divorce to make the process a little less stressful: ·   Decide who gets the house – Hopefully you’ll mutually be able to come to an agreement on who gets to either keep the house or how the money will be divided should you sell.  Illinois is a community property state so the goal is to equally distribute funds. There are factors like the length of the marriage, each spouse’s economic situation, kids, alimony and so forth which are considered when deciding who gets what, including the house.  In

  For real estate investors looking to build their portfolios and add diversity, the land sector offers an exciting opportunity to make excellent returns on your investment. There are nearly as many ways to utilize the land for profit as there are types of land to invest in, and often investors find creative and cost-saving ways to combine other business endeavors with their land investment.  But how does an investor get started? Read on as we explore the best way to buy vacant land in Belleville. Build Your Team The best way to begin when you’re ready to buy vacant land in Belleville is to put together your team. Teamwork makes the dream of real estate investing work, so investors focus on building networks among professionals and build an investment team to help locate, analyze, develop and manage properties to get the job done. Of course, the moving parts of purchasing vacant land are more complicated than purchasing developed properties, so you’ll also need c

Technical advances continue to march forward at light speed, and technology plays a significant role in the  Belleville real estate market. These changes have had a transformative effect on Belleville real estate transactions and have transformed the relationship between professional investors and licensed real estate agents. A hybrid agent investor can assist any homeowner with the sale of their home, no matter the circumstances they may be facing. We will discuss how technology has changed the way people sell real estate in Belleville. At Your Fingertips Now you can get all the information you need when you’re ready to sell real estate in Belleville. Online listings have the power to show buyers available properties, which dramatically benefits sellers by increasing the number of potential buyers exponentially. Successful real estate agents take advantage of technology through these listing sites and their social media, email marketing, and other apps to bring buy

  Just as a new business start-up should begin with a business plan for the best results, feasibility studies are the first step in investing and developing Belleville land. Feasibility studies consider economic, technical, demographic, competitors, and organizational capacity. Unfortunately, when investors risk skipping this step, the chances are high that there will be issues realizing a return on the investment.  Unable to begin, let alone fulfill their vision, an investor’s failure to ensure the feasibility of the intended use often teaches a costly lesson in the importance of due diligence when buying real estate as they watch their plans and finances crash to the ground. So read on as we explore feasibility studies and why you need one for your Belleville land.  Basic Feasibility Study Going into an investment with your eyes wide open is the path to selecting the best Belleville land available for your investment to return significant profits. A feasibilit

  If you want to make an educated decision about which sales method is best for your home and your situation, it’s best to compare all of your options. So read on as we explore five costs you can expect with a traditional sale of your Belleville house. Prepping You should expect to spend around one percent of the home’s sales price on prepping costs with a traditional sale of your Belleville house, depending on the home’s condition and how outdated the home’s decor and style may be. However, suppose significant renovations are in the works to bring the property more in line with the demands of today’s buyers. In that case, you may be spending tens of thousands to bring the highest potential profit from the property. However, you can skip all the expenses, work, and time spent prepping by selling directly to a local professional home buyer like those at Cardinal Creek Properties. You won’t even pay any commissions. Marketing Marketing is required to bring buy

  Listing your home on the market can be costly, so it is best to understand what you will spend money on in advance as you undertake the traditional selling process. Now, let’s discuss real estate agent commissions first. If you’re like most home sellers, your second thought after deciding to sell was about saving the real estate commissions and listing the property yourself as an FSBO.  However, no matter which method you select to list your property, there are industry standards required by both in today’s technically savvy world of real estate sales. So, read on as we explore how you can avoid spending too much on your Belleville home sale. Sales Method You can avoid spending too much on your Belleville home sale by choosing the correct sales method for your situation, and you can only do this by making an educated decision. By working with a professional home buyer like those at Cardinal Creek Properties, you’ll know all the data you need to make the best c

  The decision to sell your home is a big one. Now that you’re ready to sell, you must consider the method you select to sell your home. While most homeowners first thought is to call a licensed real estate agent, why not consider the alternative of selling to a professional investor, like those at Cardinal Creek Properties.  Real estate all comes down to the numbers, so it is helpful to understand the differences in the costs between selling your Belleville house with an agent versus to an investor. Agent – Marketing expenses for selling your Belleville house with an agent are part of the listing contract. They outline all of the steps that the agent will take towards selling the home, which can vary significantly by property. Listing costs will include anything you must do to prepare to sell your Belleville house with an agent. These listing costs could consist of simple cleaning so that it is in ready condition for showings, to significant updates to the

  Perhaps you are an investor with renters in place that have requested an opportunity to enter into a lease option for the property. Or perhaps you’re an investor ready to exit a property but find it challenging to move; the buyer pool for lease option properties is steadily increasing as interest rates rise. Additionally, the jump in home prices has made it difficult for many buyers to attain the dream of homeownership. Whatever the reason you’re researching the subject, there are many methods to sell an investment property, and lease options offer benefits for Belleville real estate investors that are worth noting. So read on as we explore why real estate investors should consider lease options in Belleville. Tax Benefits Who doesn’t like to realize savings on their investments? Your tax advisor can clue you in on the tax benefits for real estate investors who offer lease options in Belleville. Eliminate Holding Costs While you won’t realize your enti

By Mike Lots of investors are looking to get started, and as active real estate experts in Belleville IL, we get asked to share our secrets quite a bit. Fortunately, we love to share 🙂 One of the biggest questions we get from local investors is ”  How to find a good investment property in Belleville IL? ” With the flood of foreclosure deals all but dried up (compared to where they were a few years back)… people are having to get more creative in finding the best deals on great local Belleville investment properties . We source our properties from a variety of marketing routes… online, offline, etc… so there is no one way that is the best way to find good investment properties in Belleville. But the info below walks you through some ways you can put into action to find great properties to add to your investment portfolio. Most investors are afraid of competition – they think that if they share their secrets, someone will steal their ideas from them

  While the first option to sell your home that comes to mind may be to call a real estate agent and list, very often, homeowners have second thoughts about doing so for various reasons. Listing the property on their own as an FSBO may be the next thought; however, many of the same factors that govern successful listing with a real estate agent apply to listing as an FSBO and fails to solve the significant stumbling blocks. For these sellers, a direct sale to a professional home buyer may be the answer they seek.  But what red flags can clue you in on which method may be best for your circumstances? Read on as we discuss the five signs telling you a traditional sale isn’t suitable for you in Belleville. Your Privacy  If you’d rather not deal with the showings, you aren’t alone, as many sellers dislike the showing process, then a traditional sale isn’t right for you in Belleville. Instead, a direct sale to a local professional home buyer like those at Cardinal Cr

“I’m behind in payments…will I be giving my house back to the bank in Belleville?” Nobody wants to lose their home. But sometimes financial circumstances turn against you and those financial commitments become simply too much to manage. If your situation progresses too far, you may be forced into the unfortunate situation of having to give your house back to the bank in Belleville IL, leaving you temporarily without a place to stay. In addition, there may be long-term consequences, including a dramatic and long-lasting impact to your credit (and your ability to get a house in the future). No one wants that. That’s not an ideal outcome. Fortunately, there is a strategy you can take today to help you proactively protect yourself and get back on track to financial solvency. Here’s a brief overview of the foreclosure process The foreclosure process can vary depending on location and the type of mortgage you have. Usually, if you miss a few mortgage payments, your loan compa

  Many buyers want to avoid a permanent living arrangement where they realize they’re unhappy, and lease options are a solution for these buyers. During the contract period, you have a chance to try out the home and ensure that you want to stay in residence for the long term, following through with purchasing the property. For other buyers, lease options allow them the time to save for a downpayment and get their creditworthiness in order while enjoying the perks of homeownership.  A lease option gives you the right to buy a property, but not the obligation, given you live up to your end of the agreement. In addition, the owner agrees that they won’t sell the property to any other interested party during the contract term and won’t pursue you legally if you decide not to buy at the end of the agreement. It’s best to go into such a significant financial transaction with your eyes wide open to the agreement’s limitations. Typically between one to a three-year legal co

  How To Sell Your Fire Damaged House In Belleville How To Sell Your Fire Damaged House In Belleville According to the National Fire Protection Association, an average of 358,500 homes experience a structural fire each year which causes 6.7 billion dollars in property damage.  If you’re reading this, there’s a good chance one of those 358,500 homes belong to you and you’re wondering, what do I do now? Here is a quick list of some of your options after a house fire and what to do next: Contact your Homeowner’s Insurance Agent It is important to contact your insurance company quickly so they can evaluate the extent of the damage. You are forced to have homeowner’s insurance for reasons just like this.  Each policy is different, so make sure you talk to an insurance agent to maximize your insurance benefits.  Not only will they pay out money for you to make repairs, in some cases they can cover the costs of temporary housing and food whi

  Hiring a real estate agent in Belleville can be frustrating. So what are the steps on how to find a good real estate agent in Belleville ? Many local large real estate brokers will spend thousands of dollars each month to ensure that their agents are the most visible, whether it be online, in the Yellow Pages, or by erecting giant billboards in the most trafficked sections of Belleville. However, the agents backed by the most promotion dollars aren’t always the best , and may not be a good fit for your circumstances. In today’s piece, we’re going to look at how you can find a good real estate agent in Belleville. [ NOTE : If you need to sell your Belleville house fast and can’t wait the 3-6 months+ it is taking to sell a home on the local market… we may be able to help by buying your house from you. We can make you an all-cash offer within 24 hours on your house in as-is condition. ] How To Find A Good Real Estate Agent In Belleville – Get Reviews… Real Reviews Online

  Are you interested in rehabbing properties for profit? If so then this blog post will help you know what to do, what not to do, and will give you 4 deadly reasons not to over do it on rehabs (because it will cost you a lot of money and headaches if you do)… There are a lot of rehabbing shows on TV, and they can be pretty entertaining to watch. Unfortunately, too many people see rehabs as an easy and fun way to get rich quick, which rehabs are most definitely not! Yes, it is possible to make good money on rehabs but it’s also possible to overdo it and end up losing money. Here are 4 deadly reasons not to over do it on rehabs. 4 Deadly Reasons Not To Over Do It On Rehabs Reason #1. Your Budget Can Easily Go Out The Window On a rehab, you set a budget of money and time – how much money you want to spend and how much time you plan to spend it in. Unfortunately, it’s very easy for that budget to go out the window and you may end up spending more money and more time than yo