1. Overpricing and underpricingPerhaps the most common mistake home sellers make is pricing the house too high because of an array of reasons: the house means so much to them, they’re looking to buy a more expensive home or trying to pay off debt, or they believe that interested buyers will ask for a discount anyway. But this can’t be farther from...
2018
Since the housing crash in the late 2000’s, the real estate market in the United States has regained its composure, which paved the way for low-interest rates and limited housing inventory. This may look ideal for sellers but a burden to homebuyers (and even renters!) because they have to face increasing housing prices, long searching periods, and bidding wars as they enter the increasingly...
If you’re a home buyer deciding between getting a 15-year and a 30-year mortgage, there’s a great chance that you’ve already consulted with friends and family, and may even have done tons of research online. You know that there are pros and cons for each type of mortgage, and that the 15-year mortgage is technically the cheaper alternative since you’ll be paying smaller interest rates. It’s...
Millennials. They’re the generation of people born between the 1980s to early 2000s, or also called the Generation Y. Many stereotypes have influenced how they have been viewed by the public, including the typical assumptions that they jump from one job to another, that they couldn’t even save for a down payment, or that they overspend. But the recent 2018 Better Money Habits Millennial Report by...
Preparing for a home inspection definitely pays off in the long run, and you don’t even have to shell out tons of cash for it. You just have to make sure that the process goes smoothly for the inspector so that you can have a well-standing report for your potential buyer.Take note that professional home inspectors check for all issues in your home, both in the exterior and interior parts of the house....
Your trusted real estate agent can basically tell you anything you need to know about the home you’re planning to buy, especially if it’s information that may affect the home’s marketability.However, the old adage that says “learn from the experience of others” can also be very helpful before closing the deal on your prospective property. Talking with the neighbors and knowing their first-hand...
When looking for that perfect home, many factors should be put into consideration. There’s price, accessibility, proximity to a great school district, lower taxes, and others. However, if you’re working in an office, convenience and accessibility are two of the most critical factors you must consider before buying a home. During your home search, you should aim for that balance between a lower...
If you’re a single parent, you may feel burdened with all the responsibilities on your plate, and you might think that with one income, it’s impossible for you and your family to have a house of your own. Well - it may be tough, but it’s definitely not impossible. There are several proactive ways for you to get the house you want for your family, so lighten up! Here’s a 5-step guide that can...
Why Your Credit Report is ImportantYour credit report is the sole source of information for your credit score — a number that lenders sometimes use instead of or in addition to your credit report. A variety of businesses may also view your credit report to make decisions related to you. Banks check your credit report and use it to evaluate your applications for credit cards and loans, including...
You might be dreading the idea of improving your home because it might cost you a fortune. Don’t fret! This list will enlighten you that simple and easy measures which you can do yourself will make a big (and positive!) difference in your home. You can ask your agent how to stage your home best, but it won’t hurt to get a headstart on making your home as presentable as it may be – without having...