Bridge Loans: What Buyers Should Know
If you are already a homeowner and are looking to buy a new home, you have the distinct benefit of being able to use the proceeds of the sale of your property to be used to make a new home purchase.…
Pros and Cons of Buying in a Gated Community
The thought of a gated community might conjure up visions of ritzy neighborhoods in Hollywood where all the hottest celebrities tend to live. Behind those gates are thought to be incredible homes on amazing lots with fabulous amenities at the fingertips of all who dwell there.…
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Is it Possible to Buy a Home With Bad Credit?
Getting approved for a mortgage can be pretty challenging these days. Lenders are rather stringent with their lending requirements and aren’t in the business of loaning out money to just anyone. Nowadays, you’ve got to meet strict criteria in order to get approved for a conventional mortgage, and that includes having good credit.…
What Can Happen if Your Remodel Without a Permit?
If you’re thinking of renovating your kitchen, expanding the living room, or adding a completely new addition to your home, you’ll need to apply for a permit before any work begins. While some home improvement projects might not need a permit, many others do.…
What is an ‘Alienation Clause’ in Real Estate?
If you’re buying or selling a home that still has a mortgage on it, you’ll likely be dealing with what’s known the lending world as an ‘alienation clause’.
Also known as a ‘due on sale clause’, an alienation clause gives lenders the power to require the home loan to be immediately payable in full when the homeowner sells the property and the title is transferred to the buyer.…
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How to Get Rid of That Unsightly Popcorn Ceiling
Does your home still have popcorn ceilings that were popular decades ago? If so, it’s probably time for a change. Odds are, you’ve probably already been thinking about getting rid of your popcorn ceilings but just haven’t gotten around to it.…
How Much Does Selling a House Cost?
Many sellers make a profit when they sell their home after factoring in appreciation and any improvements made that add value. But selling is not an expense-free endeavor. It costs money to sell property, and sellers should be aware of the expenses in order to avoid any unpleasant surprises when the deal closes.…
8 Crucial Things Your Real Estate Landing Page Should Have
A real estate landing page can be a powerful tool to help you generate more leads for your business, but how it’s designed makes all the difference. Landing pages are basically any web page that visitors arrive at from another source, such as an advertisement.…
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What’s the Difference Between “Assessed Value” and “Fair Market Value”?
Property values play a key role in the world of real estate. Buyers are always looking to get a deal on a home, while sellers are always seeking the highest price.
But property values never stay put. They’re always changing depending on market conditions, and it’s up to buyers and sellers to understand where they happen to be in a particular market in order to either come up with the right listing or offer price, respectively.…
What’s the Difference Between a Loan Estimate and Closing Disclosure?
As a consumer, you want to be able to make informed purchasing decisions, especially when it comes to big-ticket items like a house. That’s exactly why Loan Estimates and Closing Disclosures exist, which essentially help provide buyers with details about their mortgages before they formally commit to them.…
8 Neighborhood Features Homebuyers Should Steer Clear of
When you buy a home, you’re also buying the neighborhood. The area you purchase into has a direct impact on the value of your home, both today and into the future. While it might sound silly to think about selling when you haven’t even bought yet, it’s still essential to consider resale value.…
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How Much Notice Should Sellers Request Before Showings?
When you put your home on the market, expect to have a lot of strangers visit. After all, buyers will obviously want to check out your home in person before deciding if it’s the one for them.
But it would be very unpleasant to have someone book a showing at the last minute, leaving you scrambling to get the house in order and make plans to be out of the house for the next hour or so.…
9 Ways to Sell Your Home Faster Than the Neighbors
In a way, it’s a competition: you and your neighbors are essentially competing for the same buyers. It’s anyone’s game, but there are things you can do to gain an edge over the other listings in your neighborhood.
To help put your home in a superior position over the other homes on the block, here are some tips to follow to stand out from the crowd.…
7 Red Flags of a Moving Scam
The moving process is stressful enough; the last thing you need is to wind up dealing with a shady moving company. Ideally, you want to work with a moving company that’s trustworthy and reliable. Unfortunately, there are scammers everywhere who are waiting to make a quick buck without actually providing the services promised.…
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Can You Sell Your Home With a Lien on it?
When a property switches hands from seller to buyer, a title search is usually performed. This is done for the purpose of issuing title insurance, as well as to give buyers the chance to make sure that the seller is legally allowed to sell the property.…
