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Renting vs. Owning a Home
Owning a home is a life-changing decision, and it’s something to take seriously. And while homeownership is the ultimate goal for most people, owning a home has several challenging aspects. If you’re still renting and contemplating whether to renew your lease or buy a home, here are some essential points to help you decide. The…
Read MoreQuestions to Ask Yourself Before Investing in Real Estate
Over the centuries, real estate investing has been a very lucrative endeavor. Even non-speculating homeowners who have owned and maintained investment properties for several years have achieved double and triple-digit investment returns. Private residence values have risen substantially, although there have been notable dips in recent history. According to a July 2022 article in Realtor®…
Read MoreTop Seven Tips for First-Time Homebuyers
Purchasing a first home is an exciting time. The saving, researching, comparing, and final closing, followed by the excitement of the move-in, are experiences first-time homebuyers long remember. However, it is helpful for first-time buyers to exercise extreme caution with each step of the process. Selecting a professional Realtor in advance to help advise and…
Read MoreWhat You Should Know About Home Appraisals
Home appraisals performed by professionally certified appraisers are required in most real estate transactions and mortgage refinances. When a lender is involved in loans that use a property as collateral, they order an appraisal to ensure the property meets or exceeds the loan amount. Appraisals protect the lender in case of subsequent default by the…
Read MoreWhy You Need a Real Estate Agent When Selling Your Home
Selling a home and achieving the best possible return demands extensive market knowledge. It also requires the ability to market your home to the broadest range of buyers with savvy and unemotional negotiating skills. In addition, selling a home necessitates understanding all legalities and a high degree of objectivity. An experienced, proven real estate professional…
Read MoreInsider Tips on Buying Investment Property
Historically, real estate investing is a successful strategy for investors. However, as with any investment, there are risks. Real estate investing requires considerable preparation and research. Here are some essential steps to improving your chances of success when beginning to invest in real estate. Do the Research Before buying an investment property, perform due diligence…
Read MoreIs a Home Inspection Necessary When Buying a House?
Professional home inspections are intended to provide peace of mind for prospective buyers by ensuring the structure is sound and that it will need no significant repairs soon after the sale closes. Prospective buyers have three inspection options: Add an inspection contingency to the offer. If a significant problem is found that the seller chooses…
Read MoreThe Differences in Closing Costs and Prepaids
When purchasing a home, buyers are responsible for paying closing costs and prepaids. The difference between the two can often be confusing, especially since they are paid when closing on a home purchase. Here’s what you need to know so you’re prepared for closing day. Closing Costs vs. Prepaids: What’s the Difference? You might hear…
Read MoreHow to Get Started in Real Estate Investing
While growing wealth and investing can encompass many platforms and strategies, real estate has proven to be one of the most successful and dependable. Moreover, effective real estate investing can be a stabilizer and even a catalyst for increasing your net worth and is not as susceptible to market shifts and global uncertainty. Adding real…
Read MoreWhat to Expect at Closing
Closing on a new house can be one of the most exciting days of your life. But before you get the keys, you’ll need to sign several documents at the closing table. So, here’s what to expect on your big day. What Are Closing Costs? Closing costs are the fees and expenses buyers and sellers…
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