7 Essential Tips for Home Sellers
Selling your home may appear deceptively easy, but it’s filled with complexities. Your home will not sell itself, no matter how great of a gem it is; it will take a significant investment of time, knowledge, and ability to market effectively. A skilled agent can make the process much easier and can help you get the most money for your home, so you can move on to other things in your life.
Is Buying a Home Really Better than Renting?
Is buying a house better than renting? As an economist, I will walk you through a few factors when it comes to deciding between buying a house vs renting.
4 Essential Tips for Home Buyers
Home buying can be an exciting experience. Who doesn’t like shopping for a house? But sometimes it can be very stressful, especially if you are a first-time home buyer. Read these four tips to avoid getting caught off guard with surprise expenses and other unfavorable circumstances.
6 Reasons Why FSBO Is Not a Good Idea
So, you’ve decided to sell your home on your own instead of hiring a qualified professional. Your decision was probably motivated by several seemingly compelling factors. But here are six reasons why recruiting the help of a professional may be in your interest.
Which Down Payment Strategy Is Right for You?
The logic behind saving 20 percent is solid, as it shows that you have the financial discipline and stability to save for a long-term goal. It also helps you get favorable rates from lenders. But there can actually be financial benefits to putting down a small down payment—as low as three percent—rather than parting with so much cash up front, even if you have the money available.
Are We Headed for a Crash in the Housing Market?
According to Bloomberg News, James Stack, a money manager, who predicted the last housing crash is getting nervous again. Should we be worried?
6-Step Guide to Obtaining a Mortgage Loan
If you are a first-time home buyer or if it’s been a while since you’ve shopped for a house, you may not know or remember what’s involved in one of the most important steps in the process of house hunting: obtaining a mortgage loan. Here is a quick summary of the main steps...
What Does a Title Company Do?
When you purchase a home, a title company will research the property to ensure that you are the rightful owner. They’ll look through records for anything that might cause problems—ownership disputes, restrictions, unpaid taxes, liens, and more. Their goal is to document the chain of title and identify any issues that could become major problems down the road.
6 Negotiating Tactics that Can Kill a Deal
Negotiation is a subtle art in real estate, but skilled negotiators can usually find some common ground that satisfies all parties. On the other hand, using the wrong negotiation tactics can sink a deal pretty quickly. Here are some negotiation tactics buyers (and real estate professionals) should avoid...
Buying a Home Soon? First, Get Your Credit in Order
Improving your credit can save you a ton of money—we’re talking about tens thousands of dollars over the life of the loan. Here are the actions you can take that will have a notable impact on your score.
Dispelling Refinancing Myths
“Refinancing” is a scary word for many people, but that shouldn’t be the case for you. For many homeowners, refinancing can not only lower your monthly payments and help with your monthly budget, but it can save you tens of thousands of dollars in the long run.
Short Sale and Foreclosure: How Are They Different?
As unfortunate as it can be when homeowners fall behind on mortgage payments and must face the possibility of losing their homes, short sales and foreclosures provide them options for moving on financially. The terms are often used interchangeably, but they’re actually quite different, with varying timelines and financial impact on the homeowner.
5 Tips for a Better Closing Day
Buying a home can be a long process. The last thing you want after all your time spent searching for homes and getting the best mortgage rate is to have everything go wrong on closing day. Here are five tips that will help ensure it goes smoothly.
Open House Alternative: Broker's Open House
You’re probably familiar with the traditional open house, where your real estate agent hosts an open house at your property for a few hours on the weekend, allowing prospective buyers and passersby to see the place in person. But there’s a different kind of open house, and it can be a valuable tool for selling your home: The Broker’s Open House.
Before You Fall in Love with a Home...
It’s easy to be wowed by a house. You’re anxious to discover your dream home and accomplish a big goal. You can’t wait to cook in the brand new kitchen or relax in the spa-style tub. All that excitement can also make it easy to dismiss some minor issues that can become major annoyances down the road. Rather than letting your excitement get the best of you, take the time to analyze smaller details properly.
Priority Tasks for Your Move-in
Moving into a new home is an exciting time, and you’re probably daydreaming about decor and paint schemes and new furniture. But before you get into the fun stuff, there are some basics you should cover first.
Upsizing Your Home
Unfortunately our homes don’t always grow with us. What may have initially worked fine for a single person, a young couple’s starter home, or a family with a newborn can quickly become too small as families expand and multiple generations live under one roof. Remodeling and adding to your home is one option for creating more space, but it can be costly, and the size of your property may be prohibitive. That’s when moving to a bigger home becomes the best solution.
Avoid These 2 Big Mortgage Mistakes
If you don’t pay attention to the details, your mortgage can end up dragging down the enjoyment of your new home and cause some major regrets. Here are two big mistakes to avoid to ensure that you love your mortgage terms as much as your hew home.
Staging to Sell
There is a difference between staging and decorating—here’s how to get your home ready to sell: Once you’ve decided to put your home on the market, you’re looking to sell quickly for the best possible price. One tactic that can help sell your home faster is staging.
New Home, Better Living
There are so many factors that go into a home buying decision that it can make your head spin—especially if you’re in a competitive market where time is of the essence. The desire to purchase a property makes it easy to look past issues that could detract from your enjoyment of the home and cause some regrets down the road. That’s why when you’re weighing your options, quality of life should always be the top priority.
What Affects Property Values?
Some the features that increase property values are obvious—like a remodeled bathroom, a modern kitchen, or a sought-after neighborhood. But here are a few features and circumstances you have not have realized can affect property values.
Mortgage Rate Math
Mortgage rates can be a bit of a mystery—especially for first-time homebuyers—so here’s an overview of the most important factors.
Homebuyer Incentives: A Few Do's & Don'ts
When you’re selling your home, adding some extra perks can help you find a buyer quickly. Consider such incentives part of marketing expenditures in your home sale. But you want to make sure your marketing dollars are being used effectively, so here are a few do’s and don’ts...