Rikk Miller Financial Writer
About Rikk Miller
Rikk is a financial writer.He is associated with several financial communities.
His expertise is woven around various aspects of the real estate industry . He is a financial writer who excels in writing finance articles.
It has been a very odd year for the US housing market! The year started off with the Polar Vortex that was blamed for slowing down home sales during the initial part of the year. As we’re gradually nearing 2016, the National Association of Realtors expect sales of previously owned home to fall short of 2015, while according to the latest data, sales of new home show an improvement of just 2.8%. We all know that the housing market and the ups and downs have a direct impact in the mortgage market as well. Whenever there’s a positive improvement...read more
Reports say that there are certain homeowners who are still reeling from the after-effects of the Great Recession and it may take around a decade for them to recover. According to a real estate company Zillow, the percentage of underwater mortgages, where the worth of the home is lower than the mortgage, has been seen to drop with the recovery of the housing market but more than 5 million US homeowners owe to their banks at least 20% more than the worth of their homes, which totals to $579 billion in the form of negative equity. Homeowners...read more
Financial problems are sudden and definitely unfortunate. This is the main reason why people feel the need to take necessary precautions before it is too late. This precaution is to have the necessary amount of savings so that you have the required back up in case of any emergency. Thanks to the various financial institutions, they come handy in helping us come out of our financial crisis because sometimes savings is not good enough to salvage the situation. These are the times when you need to take the help of financial institutions in order...read more
Before you can decide which mortgages for first time home buyers are right for you, you must first learn what your different mortgage down payment options are. With so many different sources of funding available, purchasing a home has never been easier. A down payment is defined as the percentage of a home’s purchase price that you must provide yourself. The balance is supplemented by a financial institution or private lender in the form of a mortgage. The monetary amount of your down payment, which represents the amount of initial equity you...read more
There are any number of reasons why you might need to sell your home as quickly as possible, and you don’t want to waste precious time doing the wrong things if you are trying to find a buyer who can help you meet your goal. One of the quickest options available is to consider using a site like NeedToSellMyHouseFast.com where you can get a cash offer for a rapid move, or you could follow some simple steps to try and secure a quick sale through a targeted approach that focuses on all of the positive things you can do to find a buy in...read more
For most people, working hard to achieve home ownership is a big part of their life and something they take very seriously. There are a number of different things you have to do in order to choose and buy the right one. For many first time home buyers, the process of finding and purchasing the right home can be very overwhelming. When trying to find the right house for sale Edmonton, you will need to take your time and weigh all options before deciding. Here are a few of the things you have to do before trying to buy a home. Make A Checklist...read more
Commercial properties, just like the residential homes, usually get foreclosed for one simple reason; i.e. most of the people fail to get the payment on time. When a commercial property is getting foreclosed, it definitely offers big opportunities to the investors. The reason why more and more get into commercial property dealing is because these properties are sold at a much cheaper price and therefore people can easily get into this business because they won’t have to invest much on it. How To Get Started? When it comes to commercial...read more
Most people just buy a home straight up from a real estate agent or realtor. But, for the savvy shopper, this isn’t enough. If you’re obsessed with getting a great deal, then you’re probably looking for something along the lines of a Tax Lien. It’s the best deal in town, except when it isn’t. Here’s how to leverage a tax lien when buying your next home and avoid getting burned. Tax Lien Basics Tax liens are basically government liens against a property owner for non-payment of property taxes. You don’t want to be on the receiving end of one...read more
The typical norm used to be that a person would rent a home until they had the available finances to buy a home and settle down. Though a lot of people still choose this option, there are a lot more who are deciding to rent instead of buy. There are positives and negatives to both renting and buying. Each person will have different needs and demands, so weighing all the options is the best way to decide. Here are some of the pros and cons of renting vs. buying a home. Pros for Buying: The ability to change and alter the home People who own...read more
If you ever thought that letting out a property was simply a matter of finding suitable tenants and letting the money roll in, think again. Being a landlord is hard work, as you may have already discovered. With all of the certifications, legislation, dealing with tenants, general maintenance and, of course, making sure you get paid the rent, it can start to seem like an awful lot of work. That is why many landlords decide to hire experienced letting agents to do all the hard work for them. Is this a good idea? And most importantly, is it the...read more