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Buyer The Beginner’s Guide To Escrow in Real Estate What is escrow and how does it work? At some point in a real estate transaction, you will encounter the word “escrow.” If you’re the buyer and you make an offer on a home you like, you’ll provide an earnest money deposit in the form of a check that will be placed in this escrow. […]
Buyer 7 Secrets To Getting A Mortgage Without A Full-Time Job Let’s face it: there’s already a growing number of freelancers, contract workers, and gig economy workers in the U.S. It’s not surprising, given that many people now want to be their own boss or work from their own homes while sitting comfortably in their sofa. In a 2017 survey conducted by Upwork and Freelancers Union, […]
Buyer How To Successfully Buy A Home In A Seller’s Market Planning to buy a home while the market is tight? Don’t dive in unprepared! Understand what makes up a seller’s market, and follow a plan to make your offer stand out. A lot of home buyers tend to make rookie mistakes that get their offers rejected in a seller’s market. If you want to be […]
Seller How To Determine The Best Time To List Your Home For Sale Much like any business venture, listing your home for sale is all about finding the best possible timing. The best case scenario would be one in which the sale happens while the market is at its best, at the same time you are prepared to leave, and to buyers that are motivated to pay more. […]
Buyer How To Sell Your Home And Buy One At The Same Time (Or In The Quickest Possible Succession) For some people with enough funds and other houses to live in, selling a home and buying one at the same time can be relatively easy since there is not much pressure involved. But for those who need the equity from their old house to buy a new one, things can get quite stressful–especially so […]
Seller 3 Most Important Things To Remember When Selling A Home That You Still Have To Live In luxury of living elsewhere while selling the house they do have. It’s pretty common for home sellers to have to deal with the challenge of selling the same home in which they still have to eat, sleep, and bathe in — so it’s nothing to be embarrassed about. However, it can be quite a challenging […]
Buyer 10 Smart Tips For Buying A New Construction Home In an analysis conducted by the National Association of Home Builders (NAHB), it was found that there was a larger percentage of new homes, especially single-family homes, that cater to the preferences of many home buyers today. Significantly, new construction is addressing the substantial demand for homes with special features — two bathrooms, an open […]
General 10 Thoughtful and Heartwarming Gift Ideas for First-time Homeowners The spring real estate market is already here. Despite the strong competition, it’s a great time for home buyers to score their dream home because of high market inventory. And soon, there will be fresh batches of buyers who have just finished closing and will soon be moving. Purchasing a new home is a big […]
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Buyer 12 Telltale Signs It’s Already Time For You to Move According to the U.S. Census Bureau in 2016, more than 42 percent of people said they moved for a housing-related reason. Many of them either wanted a new home or a better apartment. Other reasons people cited for moving include family and employment-related reasons. “The decision to move can be personal and contextual. What causes […]
Seller Selling Your Home? Here’s How You Can Upgrade Your Kitchen On A Budget The kitchen is one of the most important areas in a house. If a potential buyer is someone who spends a lot of time in the kitchen, the condition of this area can make or break a sale. In fact, even if the buyer is not much of a cook, the kitchen is still a […]
Buyer Top 5 Things Home Buyers Forget To Check During Home Viewing The viewing is usually the most exciting part of looking for and purchasing a home. It is the biggest purchase anyone ever makes, and home sellers usually go above and beyond when staging their homes. Because of this, home buyers find it so easy to fall in love with a home that looks great at […]
Buyer 20 Smart and Simple Ways You Can Start Saving For A Down Payment On A Home You may think that buying a house still isn’t in your realm of possibility. In fact, you may even feel a wave of panic just thinking about where to get the money for your down payment. For many young people, saving up to buy a house is the least of their priorities, especially when you’re […]
Buyer What Is An Interest-Only Loan And Who Is It For? Are you considering buying a house with an interest-only loan? We rounded up the 5 most common questions about this type of loan and came up with the best answers from the experts. What is an interest-only loan? The interest-only period typically runs for 5 years (10 years max), after which the loan converts to […]
Buyer 12 Tips For Writing A Compelling Offer Letter That Will Win Sellers Over In a very competitive housing market, buyers need to step up their game in every way possible. They need to establish that they have a good credit score, a mortgage pre-approval, and a reasonable offer with fewer contingencies. However, if sellers are faced with multiple offers from buyers who are all on a level playing […]
Buyer Home Appraisals 101: Factors an Appraiser Looks At To Determine a Home’s Value An appraisal is an integral part of the home buying process as it determines the objective value of a property. Lenders require an appraisal to help them evaluate a home before they issue a mortgage. Appraisals are done by trained and licensed appraisers, who will then give an unbiased report of the home’s market value. […]
Buyer How To Find The Best Retirement Home For You The process of looking for a home in your golden years could be a bit different from when you were looking for a home to build a family in. Now, you can focus on what will make YOU happy. Your children have found homes of their own, and you’re now free to choose a new […]
Seller 5 Things You Save When You Hire A Real Estate Agent To Sell Your Home Time You may think that you’re saving a lot of time by not going through the process of looking for and hiring a realtor. However, not having an expert to oversee all of your transactions can actually cost you more time in the long run. Even if you’ve sold one of your houses before and […]
Buyer 6 Steps To Choosing A Great School District When Buying A Home According to the National Association of Realtor’s Schools and Home Buying Decision article, proximity to good quality schools is one of the most influential factors in a buyer’s decision when purchasing a home. It is a major factor especially for buyers with families or young couples who are planning to have children. Homes that are […]
Buyer Home Appraisals 101: Common Myths Buyers and Sellers Should Stop Believing What is an appraisal? An appraisal is a professional estimate of the value of a home done by a certified appraiser. It is a critical process for buyers because lenders always require a home appraisal before they issue a mortgage. Meanwhile, for sellers, a good understanding of the appraisal process will help them understand how […]
Seller How To Be A Home Seller That Buyers Love You may think that your house is the only thing that needs to be in its best shape during the selling period. But the truth is, how you are as a seller holds an equal amount of importance to your potential buyer. They may like the house, but if they don’t like who’s selling it, […]
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