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Buyers Things in a Home Inspection Report That Often Get Blown Out of Proportion You fell in love with a house. You made an offer. It was accepted! Your mortgage process is going smoothly. The appraisal justified the price you paid. Everything is going perfect… …and then you had the home inspected, and the report made it sound like the place is falling apart, and it’s a house only […]
Buyers NAR Settlement – Beyond the Headlines You’ve probably heard the news that there are changes coming in terms of how real estate commissions are paid. This might sound exciting and like a potential game-changer for you as a home seller or buyer, with headlines proclaiming things like: “Real estate commissions are being slashed!” “Selling your house will now be less expensive!” […]
Buyers Is Price Becoming More Important Than Location to Homebuyers? You’ve likely heard that the three most important things to consider when buying real estate are: Location Location Location It’s a catchy phrase that’s been thrown around for many decades, which might make you feel like it should matter more than anything else when you’re in the market to buy a house. There’s no denying that location does matter. The location […]
Buyers The Pros and Cons of Mortgage Rate Locks for Home Buyers The stock market was making news one day recently because it was surging upwards due to some rumors that the Fed was going to cut interest rates soon. But almost as quickly as that news broke, the Federal Reserve Chair Jerome Powell issued a statement saying that they were not planning on doing so, at least quite yet. […]
Buyers Do You Need a Mortgage Pre-approval Letter? There are a lot of steps involved in successfully buying a home. For many buyers, one of those steps is getting a mortgage pre-approval letter. But not every buyer knows what, exactly, a mortgage pre-approval letter is, or whether they need one for their home purchase. So what is a mortgage pre-approval, and do you need […]
Buyers Last Minute Issues on Closing Day? Here’s How to Deal For many buyers, the time between getting an offer accepted and closing on a home can be a stressful one. Many people think that once they hit closing day, they’re in the clear, but the truth is, there are still some issues that can come up on closing day, and those issues often come as a surprise […]
Buyers Thinking About Selling Your Home in 2024? Here’s Why Now Is a Great Time to Sell Historically, spring is the most popular time to sell a home. But 2023 was an extremely challenging year in real estate, and now that the market’s changing, it may be a better idea to get ahead of the curve and list your home now, even though spring is months away. But why, exactly, does it make sense […]
Buyers The Benefits of Using a Mortgage Broker If you’re purchasing your home with a mortgage, you have quite a few options. For instance, you can work with your personal bank; you can research and find another lender on your own; or, you can partner with a mortgage broker who will help you find the best lender and program for your needs for you. A […]
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Buyers Selling Your Home in 2024? The real estate market is constantly changing; trying to sell your home in 2024 could be completely different from the selling experience in 2023. So, the question is, if you’re planning on selling your home this year, what do you need to know about the market? A recent article from realtor.com outlined key things homeowners need to know about selling their […]
Buyers Want to Sell Your Home in 2024? Leave These Bad Habits Behind With a new year comes a new real estate market, and if you want to sell your home in 2024, there are definitely some outdated habits you’ll need to leave behind. So what, exactly, are those habits, and, more importantly, what should you do instead? A recent article from realtor.com outlined habits you’ll want to shake if you plan to sell […]
Buyers Are Bidding Wars the New Normal for Home Buyers? If you’ve been planning on buying a home, there’s a good chance you were hoping that the good news about higher interest rates would be that there would at least be fewer bidding wars. But despite rates and the economy edging some buyers out of the market — and others just deciding to take a break […]
Buyers Buying a New Construction Home? Buying a new construction home is a great option for many buyers, particularly if they’re looking to have some control over the home’s final layout, finishes, and features. But there are a lot of mistakes that can be made, both when buying a new construction home and during the building process — mistakes that can cost you a lot […]
Buyers Things Your Mortgage Broker Wants You To Know The right mortgage broker can be a huge asset in your journey to homeownership. Mortgage brokers walk you through the often confusing process of financing your home purchase, and can help you get the best deal on your mortgage. But not every buyer knows the best way to work with their broker, and there are definitely things […]
Buyers Thinking about selling your home this Winter? – Showing traffic is up as buyers start to come of the sidelines as the mortgage rates drop. – Homes priced correctly are seeing multiple offers and are selling quick. – Housing Inventory although still low, is climbing and forecasted to keep doing so. We still need more homes for sale for the increasing number […]
Buyers Things Homebuyers Do to Get a Better Deal That May Cause a Seller to Reject Their Offer Of course you want to try and negotiate the best price and terms when you’re buying a house. But in order to actually successfully buy a house, you need a seller to agree to your price and terms. Unfortunately, some buyers make mistakes that don’t go over well with sellers, and they end up with a worse deal than they could’ve […]
Buyers Fed Reserve Predicted to Cut Rates 6 Times in 2024, but buyers May Not Want (Or Need) to Wait If you’ve been thinking about buying a home, you’re probably wondering if (and when!) mortgage rates will come down. So the recent news that ING Economics predicts that The Federal Reserve will cut rates 6 times starting in the second quarter of 2024 is probably music to your ears! But it also might be making you think that you still have a […]
Buyers Is “House Hacking” Your Ticket to Buying a Home Renting or buying a house is always one of life’s biggest expenses, but lately it’s been even more difficult than usual for many people to afford, which has led to a lot of young adults (and even some older ones) to move back in with their parents. In the past, once you graduated from high school or […]
Buyers Some Things Sellers Leave Behind That Annoy Buyers You’re supposed to leave your house in “broom clean” condition for the buyer when you sell your house, which leaves a lot of room for interpretation. It often boils down to sellers feeling like they left the place looking immaculate, and buyers wondering if the seller even owned a broom. The point is, it’s kind of […]
Buyers Qualify as a 1st-Time Homebuyer for a Mortgage, Even If You Owned a Home in the Past! Many first-time buyers could use some help qualifying for their first mortgage, which is why the government and financial institutions have developed specific first-time homebuyer programs to help ease the burden and make the dream of owning a home a reality. By the sounds of it, a first-time homebuyer loan probably sounds like it’s only available to someone who’s never bought a home […]
Buyers Selling Your Home? Make Sure to Avoid These Common Buyer Turnoffs When you sell your home, you want it to appeal to as many buyers as possible. But there are certain things that can instantly make buyers say “no thanks” to your home, even if the issues are easily fixable and the home could actually be a good fit for them. So what, exactly, are those turn-offs, […]