As a homeowner, it’s important to keep your home running efficiently, not only to save money, but also to help the environment thrive. October 2nd is Energy Efficiency Day, a perfect time to think about making some key upgrades that will improve the efficiency of your home. If you’re looking to sell your house and [...]
For many people owning a home is the "American Dream". But not many people can save up enough money to buy a home, especially in areas where the cost of a home is many times more than they make in any given year. Because of the cost home buyers may turn to banking institutions [...]
Typical Cost to Buy a Home Planning to buy a home? The majority of your costs will be due on the day of closing. In this post we will cover the typical costs you can expect to incur when buying. Upfront costs: Purchase Contract Deposit: The good faith deposit shows the seller that you [...]
One of the latest real estate disruptions we are starting to see in the industry is the iBuyer, or instant buyer. Some of the notable iBuyer companies out there today are Offerpad and OpenDoor. Other companies like Zillow, Redfin and a few others are starting to test certain markets as well. Who are they? Generally [...]
Spotting a flip isn't too hard if you know what to look for. In a recent article Barbara Ballinger, a writer for Realtor Magazine, noted the following: 1. See it yourself Don’t buy at auction or without seeing a house in person, says Eric Workman, senior vice president of marketing at Chicago-based Renovo Financial, a private [...]
WASHINGTON – May 21, 2019 – According to speakers at the National Association of Realtors®' (NAR) recent meetings, continued economic expansion, rising home sales and an increase in wage growth on par with home price growth are expected for the second half of 2019. Three economic experts offered insights, including Dr. Lawrence Yun, chief economist [...]
As more and more baby boomers enter retirement age, the question of whether they should sell their homes and move has become a hot topic. In today’s housing market climate, with low available inventory in the starter and trade-up home categories, it makes sense to evaluate your home’s ability to adapt to your needs in [...]
There are many misconceptions about the credit score needed to buy a house. Recently, it was reported that 24% of renters believe they need a 780-800 credit score to be considered for a mortgage. The reality is they are misinformed! Only 25% of the Americans have a FICO® Score between 740 and 800. Here is the breakdown [...]
If you’re planning on a big move when you retire, you should know that taking everything you own with you often isn’t practical. That’s why most people try to reduce their belongings before they move. There’s even a term for it: ‘downsizing.’ And it can be a very positive experience if you go about it the right way. Downsizing for Retirement: Everyone [...]
