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Buyers A Rate Lock May Be the Answer to Your Concerns About Mortgage Rates With mortgage rates constantly fluctuating, it can be stressful to start looking for a home. What if you can afford a home with today’s mortgage rate, but by the time you find a home, those rates have increased? There may be a solution: a mortgage rate lock. If you’re not sure what a mortgage rate lock […]
Buyers Common Questions Home Buyers Have about Appraisals Unless you’re a real estate agent, you probably don’t think about home appraisals more than a few times in your life. (Considering how much time real estate agents spend worrying about them, you’re probably better off!) But when you buy a house, chances are a third-party appraiser will need to inspect the house and analyze whether you’re […]
Buyers Don’t Have Much Saved for a Down Payment? In a perfect world, as a homebuyer, you would have 20 percent of the purchase price of your home set aside for a down payment. But we don’t live in a perfect world, and while it’s certainly nice to have a sizable down payment at the start of your home search, it’s by no means a requirement. If […]
Buyers Some Things You Should Know about Home Inspections When Buying a House Unless you’re a real estate agent, you’ll probably only attend a home inspection a handful of times in your life, so you might be taken by surprise by a few things! While your inspector and agent will most likely explain any of these things to you, knowing about them in advance can help you avoid […]
Buyers Should You Wait for Mortgage Rates to Go Back Down to 5.5% Before Buying a House? If you’re thinking about buying a house, you might feel that mortgage rates are high and that it might make sense to wait until rates come down before buying. According to this CNBC article, you’re not alone if you feel that way. A recent survey done by John Burns Research and Consulting found that 71% of prospective […]
Buyers Thinking About Selling Your Home This Spring? Here’s Why That’s a Great Idea Spring is officially here, and it’s generally a great opportunity to sell your home when the warmer weather comes around. A recent article from realtor.com outlined key reasons this 2023 spring season is specifically a great time to sell your home, including: Inventory is at historic lows. The fewer homes there are on the market, the more competition there is for […]
Buyers Thinking About Buying a Home and Building Your Own Garage? For many potential homeowners, having a garage is a non-negotiable. But just because a home doesn’t have a garage doesn’t mean you should immediately write it off, even if a garage is on your “must have” list. You have the option to buy a home and build a garage on your own, but before you go down […]
Buyers You Don’t Need to Be Buying a Farm! USDA Loans Might Be a Great Option When Buying Your Next Home If you’re thinking about buying a home, you want to explore every financing option available. And, depending on your situation, one of those financing options could be a USDA loan. But there are a lot of myths and misconceptions about USDA loans—many of which prevent qualified home buyers from even exploring them as a way to […]
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Buyers Selling Your Home? Small White Lies Could Jeopardize the Sale When you’re selling your home, you want to say everything you can to convince buyers that your home is the perfect property for them. But what you don’t want to do is lie to them. While sellers telling white lies about their property isn’t uncommon, it does have the potential to backfire—and cause the entire deal […]
Buyers Will the 2023 Spring Real Estate Market Be Different from the Past Few? It may not feel or look like spring in many areas yet, but as of Monday March 20th, it’s here! So does that mean the spring real estate market officially begins that day as well? Or does it kick off the weekend before or the weekend after since the first day of spring falls on a weekday? […]
Buyers Things Parents Should Encourage Their Teens & Twenty-Somethings to Do Years ago it was common for children to move out and get a place of their own right after they turned 18, or maybe around 22 if they went to college. But times (and costs) have certainly changed over the years, making it difficult for young adults to move out and get a place of […]
Buyers Planning to Buy a Home? These White Lies Can Jeopardize Your Chances Have you heard the saying “honesty is the best policy?” That’s generally true in life—but it’s especially true when it comes to real estate. If you’re buying a home, lying to your lender—even a “harmless” white lie—could jeopardize the whole deal. And while you should refrain from telling any lies, there are certain ones that are almost certain to cause […]
Buyers 5 Shams and Scams You Should Be Leery of as a Homebuyer or Seller At this point everyone knows not to fall for the email from a Nigerian prince promising to share his fortune with you if you just send him your banking information. After all, that scam has been around almost as long as the Internet has existed, and most people have seen it at least once! But […]
Buyers 2023 Home Renovation Tips From HGTV Experts If there’s anyone who knows about home renovation, it’s the home renovation experts on HGTV. So, what do those experts have to say about renovating your home in 2023? A recent video from realtor.com outlined key advice for homeowners that are planning a home renovation in 2023—straight from some of HGTV top stars!—including: Get big items done, then […]
Buyers Are Mortgage Rates Back to “Normal”? If you think mortgage rates are at an all-time high, you wouldn’t be alone. According to a recent NerdWallet article, 61% of Americans think they’re “unprecedented.” And you’re also not alone if you’re still planning on buying a home this year, despite that sentiment, considering 28 million people plan to do so according to their survey! The […]
Buyers What Are “Comps,” and What Do You Need to Know About Them in the Current Real Estate Market? Every industry has jargon an outsider wouldn’t understand, and probably doesn’t need to know. But real estate is a field where almost every “outsider” needs a bit of insider knowledge in order to successfully buy, sell, or rent a place to live a few times in their lives. For instance, you could go your entire life without […]
Buyers Some Habits of Successful Homebuyers in 2023 Buying a home in today’s market can be a challenging process. And if you want to succeed, there are certain habits you’ll want to cultivate—habits that will increase your chances of finding your dream home and having your offer accepted. But what, exactly, are those habits? A recent article from realtor.com outlined some of the key habits potential buyers need in […]
Buyers With Consumer Confidence and Seller Concessions Both on the Rise, Now’s a Better Time to Buy a House People were flocking to buy a house when it was possibly one of the most difficult times in history to do so. Sure, interest rates were super low, but that’s about the only thing buyers had in their favor. Competition was fierce, since there were so many buyers and not enough houses to satisfy demand, making it almost impossible to get […]
Buyers Avoid These Common Snow Removal Mistakes Winter is in full swing. And, in many parts of the country, with winter comes harsh, inclement weather—including snowstorms. Understanding how to deal with snow is a must if you want to protect your home this winter—and that includes understanding what snow-related mistakes to avoid. So what, exactly, are those mistakes? A recent article from realtor.com outlined snow […]
Buyers Reasons To List Your House in January 2023 If you’ve been thinking about selling soon, you’re probably leaning toward doing so when the spring market rolls around, since it’s often considered the best time of year to sell a house. However, you might want to reconsider what constitutes the “best” time for you to sell your house. It’s hard to qualify any specific time of year as the best […]