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 […]
What Is An Interest-Only Loan And Who Is It For? Read More »
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
12 Tips For Writing A Compelling Offer Letter That Will Win Sellers Over Read More »
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.
Home Appraisals 101: Factors an Appraiser Looks At To Determine a Home’s Value Read More »
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
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
5 Things You Save When You Hire A Real Estate Agent To Sell Your Home Read More »
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
6 Steps To Choosing A Great School District When Buying A Home Read More »
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
Home Appraisals 101: Common Myths Buyers and Sellers Should Stop Believing Read More »
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,
You are finally done with house hunting, and you think you\’re ready to make an offer. What are the things you have to consider in settling on a price? Here are the top 10 things you should know to successfully close the deal with your offer. 1. Your budget Before even thinking about looking at
Top 10 Things Every Home Buyer Should Know Before Making An Offer Read More »
Before you can be honest with anyone else, you have to be honest with yourself first. The first step to effective communication is knowing what YOU truly feel and what you really want to say. Before talking to an agent, be sure that you are 100% ready to sell your home. You don\’t want to
The Best Communication Practices Between Home Sellers And Listing Agents Read More »