Invasion of privacy? CJ Sveen says his home insurance was dropped after aerial pics were used to spy on his property. Plus, Russian troops smuggle Starlink, Android’s new “Find My Device” feature, and the crazy lengths one hacker went to avoid paying $100,000 in child support.
Think twice before trying to sell your home for quick cash
So you’ve decided to sell your home. Whatever your reason for moving, there are undoubtedly many ways to unload one of the most expensive purchases you’ve made in your lifetime.
Let’s start with what not to do. For example, just because you have a friend in the real estate business, it doesn’t mean they’re the best choice to help you sell your home. Tap or click here for helpful home selling tips.
TV shows have made house flipping a form of entertainment. The reality is that home investors are stepping up their game and buying more properties. They may make enticing offers, but should you do business with them or a more traditional homebuyer?
The numbers are up
According to Redfin, real estate investors are buying a record number of homes in the U.S. An incredible 18.4% of the homes purchased in the fourth quarter of 2021 went to investors.
Redfin’s research shows that home prices rose 15% year over year in December 2021. The shortage of available properties for sale created a high demand, which investors are taking advantage of.
Home investors entice potential customers with cash offers, which Redfin says accounted for more than 75% of investor home purchases in the fourth quarter of last year.
RELATED: 5 private details about you and your home anyone can find online
Tempting offers
Cash may be king, but it’s not always the best option. The Better Business Bureau warns about the risks of all-cash offers, which usually come at a cost.
A traditional home buyer will want time for appraisals, inspections, walk-throughs, bank approval to secure financing and more. That means a closing can take several weeks.
An investor can put a no-obligation cash offer on the table and close in a week. This can be helpful if you’re in a rush, but you might take a hit on the price.
The best way to get internet to any spot on your property: Ubiquity LocoM5
You indicated you want a spot far from your home to connect to Wi-Fi. This awesome kit will absolutely deliver. It works by bridging your home internet connection to an area up to six miles away.
It’s the device you need if you want to get strong, stable internet to a barn, garage, guest house, workshop or other structure on your property.
An Airbnb host got the shock of his life when his guests used 15,000 gallons of water during their stay. Why? They were running a full-blown laundry business from his property. The water bill was around $375. They paid about $1,000 for their weeklong stay.