If you have been looking to purchase or sell real estate, you may have heard the terms sellers’ market and buyers’ market. You may also have wondered what these terms mean and how each market impacts you as a buyer or seller. Here is a brief explanation. What are the different markets?When there are more buyers than … Continue reading Basics of the Housing Market: Cycle, Home Buyers & Sellers
Category: Real Estate
Real estate is a complex and dynamic industry that plays a crucial role in our economy and our daily lives. Our expert tips, advice, and resources provide you with valuable insights into the world of real estate, from buying and selling property to investing in real estate and managing rental properties. With our comprehensive resources, you’ll learn how to navigate the complexities of the real estate market and make informed decisions about your real estate transactions.
Straight Talk about Mortgage Loan Points
When you are shopping for a mortgage loan, interest rates are most likely at the top of your mind. As you shop lenders for the best rate, however, you will hear another term linked to the interest rate. That term is “points.” For instance, a lender may quote an interest rate of 5.25 percent plus two points. As a … Continue reading Straight Talk about Mortgage Loan Points
Home Inspections & Hiring a Home Inspector
The larger and more complex your financial transaction, the more important it is for you to be an informed consumer. For most people, the purchase or sale of a home is the biggest and most involved business deal of their lifetime. So no matter which side of the transaction you’re on, it makes good sense to be … Continue reading Home Inspections & Hiring a Home Inspector
Teamwork in Your Real Estate Transaction: Which Professional Does What
Whether you are buying or selling a home, it’s to your advantage to be familiar with the team of professionals typically involved in a real estate transaction. Why? When you know who these professionals are and what they do, you enter your transaction a more informed consumer. You have a better understanding of how each professional contributes to … Continue reading Teamwork in Your Real Estate Transaction: Which Professional Does What
How to find a Home Mortgage Lender you can Trust that will be Honest
The more mortgage lenders entering the market, the more potential for dishonesty to just close a deal. There are many websites that advertise, “make lenders compete for your business,” but the only problem with this is many of the lenders do not look properly at your information and send an email giving the basic quote, not … Continue reading How to find a Home Mortgage Lender you can Trust that will be Honest
Flipping Real Estate: Investment Property or Residential Property?
Should young adults take the step into flipping real estate, becoming a landlord, or just becoming a homeowner? Today’s young adult has more options when it comes to investing their money. More and more have learned the value of the dollar, invested properly, could have them set for the rest of their lives and their children’s … Continue reading Flipping Real Estate: Investment Property or Residential Property?
Check your Credit History before deciding to Purchase a Home
As a home buyer, there are many rules that need to be followed before even placing a bid. Numerous papers need to be in order including a prequalification letter from a lender, the highest amount of price the buyer is willing to spend, the area where the buyer would like to reside, and your credit … Continue reading Check your Credit History before deciding to Purchase a Home
How to find a Realtor that will Work for You
When the decision is made to purchase a home, the buyer sometimes can become emotionally charged with energy. Many first time buyers think if they work through a realtor, it automatically means the realtor is working toward their best interest; when in fact, many realtors are seeing a potential buyer as an easy sale and … Continue reading How to find a Realtor that will Work for You
First Time Home Buyers: Simple Rules to Know when it comes to Making the Bid
With interest rates at all time lows these past several years, many young adults have decided to take the next step to adulthood by purchasing a home, condo, or townhouse over renting an apartment. These young adults are in their mid-twenties, beginning the search for their future investment. When you speak with these first time … Continue reading First Time Home Buyers: Simple Rules to Know when it comes to Making the Bid
Mortgage Types: A Home Loan Overview
Today’s marketplace has an abundance of mortgage loan options. Choosing the loan that is best suited for you can be confusing and difficult, especially when you are unfamiliar with the jargon. Following are a few quick descriptions of basic mortgage types to help you gain insight in this area: Fixed-Rate MortgageWith a fixed-rate mortgage, borrowers get the … Continue reading Mortgage Types: A Home Loan Overview
The Benefits of using a Mortgage Broker
Trying to find the best mortgage for your needs, your circumstances, and your budget can be a difficult and often frustrating task. The wide selection of mortgage products available today means that consumers can enjoy incredible choice, and this choice increases the chances of getting a great value loan. However, the downside is that you … Continue reading The Benefits of using a Mortgage Broker
Tapping into your Home’s Equity
There are advertisements almost daily on radio, television and the Internet about what a great deal it is to use the equity in your home to consolidate debt, make home improvements, pay for a vacation, or finance an education. Many of these make it sound almost too good to be true. The fact is, if … Continue reading Tapping into your Home’s Equity
