Real Estate
The 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 Does a Realtor Do for the Home Seller?
Just about anyone who has ever sold a home with the help of a knowledgeable Realtor appreciates the role they played in counseling, guiding, advising, and managing the process. Roles of a Professional Realtor When Selling a Home Once a home seller connects with a knowledgeable Realtor to market and sell a home, they have…
Read MoreHow Do Interest Rates Affect the Housing Market?
Most prospective home buyers work with a mortgage lender to finance a home purchase. In fact, according to a U.S. Census statistic in 2020, 64.8% of current homeowners used a mortgage loan to buy their homes. The mortgage interest rate plays a vital role in most home purchases, often the most significant single investment individuals…
Read MoreStaging Tips: Sell Your Home Faster and For a Higher Price
Staging a home will help it sell faster and for a higher price. However, home staging is more than just cleaning, straightening, and rearranging the furniture. Home staging is a way to showcase your home’s best assets to make it appealing to the broadest range of potential buyers. Think of staging as dressing your home…
Read MoreHomeowners Have the Selling Power
According to the real estate brokerage firm Redfin, the average homeowner stays in their home longer than they used to. In 2010 a typical homeowner stayed eight years in a home. In 2019, the average was 13 years. Longer homeownership helps drive increased homeowner equity. It is one of the bright spots of the 2020 real estate…
Read MoreIs Working from Home Changing Homebuyer Needs?
Working remotely has changed how Americans spend their time at home. The home office has taken on new meaning, and homeowners are no longer looking for a house with a room like the kitchen or den that can double as a home office. Spending extra time at home and the desire for more space, both…
Read MoreTop Five Reasons To Hire A Property Management Company
Overlooked Advantages of Hiring a Property Manager Hiring a property manager may seem like an added expense at first, but when considering the benefits that come along with having a property manager, it’s actually hardly an expense at all. Property managers are available to make your life more convenient and handle the tedious parts that…
Read MoreBuilding Wealth: Where to Find the Highest Return on Your Real Estate Investment
When it comes to deciding where to invest in turnkey real estate for income, it all boils down to the golden rule: location, location, location. Investing in rental homes for income can make complete sense in one city, while it would be a money drain in another. And the length of time…
Read MoreMaximizing Your Credit
Now more than ever, there is a lot of confusion about being qualified for a home mortgage – and a lot of misinformation as well. It’s common to hear people say, “I heard banks aren’t lending money right now,” or, “I heard you need to have 20 percent down to get a mortgage these days.” While mortgage underwriters…
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