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Buyer The Tax Benefits That Homeowners Can Enjoy Is this your first year filing your taxes as a homeowner? If yes, then you’re in for some sweet treats. There are certain deductions you are entitled to and can take advantage of to lower your tax bill. Some of these tax breaks can be a one-time deduction or recurring on the life of your […]
Buyer Understanding Real Estate Commissions Whether you’re planning to buy a home or sell your current one with the help of a real estate agent, it is important for you to understand what commissions are and who pays for them. A real estate commission is a fee typically paid by the seller for the services of both the listing agent […]
Buyer Watch Out! These Neighborhood Features Can Drag Down Your Home’s Value While there are certain home improvements you can add to your home to boost its resale value, there are also many external factors that can devalue your greatest investment. This is why the real estate cliché saying “location, location, location” will never be debunked or even grow old. Many of the things that can dampen […]
Buyer Understanding The Roles Of Different Real Estate Experts There are all sorts of questions that arise when you need to start seeking the help of a real estate professional, and one of the most common is: Who does what? The real estate industry is a complex system comprised of different key players, and the role of each person can sometimes be a little […]
Buyer What You Need To Know About Real Estate Purchase Contracts One of the most important documents in purchasing property is the purchase contract, also known as a purchase and sale agreement. It stipulates the agreement between the parties, and prepares the transaction for closing. What is a real estate purchase contract? A real estate purchase contract enumerates the participating parties’ — could be two or […]
Buyer How To Make The Most Of Using Your 401(k) On A Home Raising the money for a down payment on a home could be the most challenging step towards homeownership. One way to get the amount you need is to borrow against your 401(k)–although there are numerous options you can consider depending on what’s wise for you at the moment. But first, what’s the real deal behind […]
Buyer Important House Hunting Tips That Will Minimize Your Stress And Keep You Sane There’s not an ounce of doubt that today’s home buyers know how to prepare for the house hunting process—especially in a market where competition is tight. Very seldom will you find a home buyer who isn’t pre-approved, and most savvy buyers are sure to have everything else sorted out financially. A well-informed buyer will have […]
Buyer Home Viewing Etiquette For Buyers Before landing your dream home, the first order of business would be the initial process of finding it. Buyers should expect a lot of tours before finding “the one”–but although sellers are often the ones who have to “impress,” buyers should not be too lax about their behavior. If competition ends up being tight, the […]
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Buyer How To Pull Off A Long Distance Move To Your New Home Congratulations, you just purchased a new house and are now ready to move. The hassle of the home buying process is over, but the settling-in process is not quite done yet. While the hassle of moving your things can sometimes be unnoticeable because of all the excitement, it wouldn’t hurt to do a few things […]
Buyer Understanding Property Liens and How They Can Be a Nightmare To Your Home Sale First things first: you need to have a clear idea of what a lien is. A property lien, in simplest terms, is a legal claim a creditor can put against your property as a consequence of an unpaid debt. It is the creditor’s way of collecting debts you owe to them by intending to fund […]
Buyer Important Factors That Affect Your Mortgage Application Want to know what lenders look at when they evaluate your loan application? It’s a combination of things. Banks evaluate your attitude towards debt, predict your future income based on past and current employment, and measure your seriousness to purchase a home by asking how much down payment you will be able to put down. […]
Buyer Beware: These Features Can Drive Up The Cost Of Your Homeowner’s Insurance What drives up my home insurance costs? Why is my insurance premiums so high? If you’re a new homeowner, this must be one of the many questions that have crossed your mind since you embarked on this new journey. Well, the location, construction, condition, and certain features of your home all play a significant part […]
Buyer What’s In A Mortgage? Breaking Down the Components of A Mortgage Payment In simplest terms, a mortgage is a long-term loan designed to help borrowers purchase a house. It allows individuals to become homeowners without making a large down payment and thus, fulfilling The American Dream. Once you become a homeowner, a mortgage represents one of your life’s biggest financial commitments. So it’s important to understand the […]
Buyer The First-Time Home Buyer’s Guide To Earnest Money Deposits Congratulations, you’re about to purchase your first home! We’re guessing you’ve already gone through the mortgage pre-approval phase, and now it’s time to do the exciting part: house hunting! While you can shop with confidence because of the pre-approval letter provided by your lender, you should also be aware of the importance of having enough […]
Buyer What To Do When Your Offer Is Rejected: Tips On How To Become A Better Home Buyer Once you finally decide to place an offer on a house, you have to be ready for what comes next. In a slow market, your offer has a high chance of getting accepted given that there is little to no competition. But in a hot market where bidding wars are won by people offering to […]
Buyer What Things Should You Disclose When Selling A Home? Another complicated thing about selling a home is the issue of what you and your real estate agent need to disclose. You really want to sell your house and at the best possible price. But on the other hand, you don’t want to be a sneaky seller and feel like you are deceiving anyone. It […]
Buyer Understanding Contingencies: A Guide For Buyers and Sellers When looking for homes online, home buyers might chance upon a property with a “contingent offer” status. This means that an offer has been made and accepted, but the sale is still conditional while both parties work on meeting certain criteria. These criteria, or contingencies, are actions that must be met for a contract to […]
Buyer Opportunities And Risks Of An Interest-Only Mortgage: A Guide For Home Buyers Opportunities 1. Lower monthly payments The main and obvious advantage of an interest-only mortgage is its low monthly payments. This benefits buyers who are looking to buy a relatively expensive property, since an interest only loan allows you to buy a pricier house than you would be able to afford with a standard fixed-rate mortgage. […]
Buyer In Love With Historic Homes? Here Are The Pros And Cons Of Buying One Owning a historic home certainly comes with its own set of benefits and challenges. You need to make sure that you are ready for the challenges and responsibilities—financially, emotionally and even physically. Beyond its unique and charming characteristics, it is also important to determine whether the home meets your lifestyle and certain life choices. Historic […]
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. […]
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The listings data displayed on this medium comes in part from the Real Estate Information Network, Inc. (REIN) and has been authorized by participating listing Broker Members of REIN for display. REIN's listings are based upon Data submitted by its Broker Members, and REIN therefore makes no representation or warranty regarding the accuracy of the Data. All users of REIN's listings database should confirm the accuracy of the listing information directly with the listing agent. ©2024 REIN. REIN's listings Data and information is protected under federal copyright laws. Federal law prohibits, among other acts, the unauthorized copying or alteration of, or preparation of derivative works from, all or any part of copyrighted materials, including certain compilations of Data and information. COPYRIGHT VIOLATORS MAY BE SUBJECT TO SEVERE FINES AND PENALTIES UNDER FEDERAL LAW. REIN updates its listings on a daily basis. Data last updated: 07/15/2024

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