Do you find yourself attending open houses or looking in the classified ads when you're thinking of upgrading to a new house? You might even have a real estate agent's number handy so you could have them show you new homes. But have you ever considered checking on foreclosure listings? Rather than paying the market price of a new home, you can opt to buy a foreclosure that just needs a little TLC. You...
2019
According to the National Association of Realtors® (NAR), home buyers and sellers with children face a unique set of difficulties and stressors during the moving process. If you are a parent anticipating a move, it's likely you have a ton of things on your mind. Maybe you need to sell your old house, contact the movers, pack your belongings, and prepare all the things needed in your new home. Then...
Owning a house and having good credit at the same time? In this economy?What if we tell you it's possible? It’s common for young people—those who are below 35 years old (also known as millennials)—to complain about not having money. And typically, they attribute their woes to a poor economy.What people don’t know is that they can actually create wealth through homeownership! How? It isn’t...
Why do home sales fall through? Why is it that sometimes, the buyer or the seller walk away from a home sale, causing it to fall apart and for the home to return to the market? Let's rewind: You’ve put your home on the market and have been doing everything to prepare your home for upcoming showings. An offer (or even multiple offers) comes in and you...
What's the biggest barrier to purchasing a home that requires a mortgage? For millions of college graduates — both older and younger millennials — it isn’t their credit card debt. Rather, it’s their student loans that are preventing them from fulfilling their dream of homeownership.To explain it further, here’s the summary of the latest student loan debt statistics:Statistics from personal...
It's easy to fall in love with your dream house (and the idea of finally buying one)! However, your judgment may be easily clouded when you are enamored with an amazing home and feeling the pressure to pull the trigger. Stakes are high when you’re purchasing a house, so here’s a list of major mistakes you should avoid at all costs: 1. Underestimating...
As a homeowner, there's an f-word that is avoided as much as possible. Even though we don’t want to say it we have to talk about it. Why? Because like most problems, that’s how it’s handled. So say it with us, foreclosure.Most of the time, when people find out that their dream house is facing foreclosure, their world stops. No one buys a house and puts in all the effort into making it a home only...
Proximity to good quality schools is one of the most important factors considered when purchasing a home, especially for young families or young couples who are planning to have children. Homes that are located near top-quality school districts generally have higher property values and huge resale potential. Many home buyers are willing to forgo certain home amenities just to have access to quality...
Ah, spring! When the trees blossom, the lovely tulips and daffodils bloom, and everyone's mood brightens. But aside from our daily dose of sunshine during spring, we also see the high season for real estate. As the temperature rises, the housing market starts to heat up. Even in areas where the weather is great all year long, spring remains the most active time for house buyers and sellers alike....
A short sale transaction is different from the usual home buying process. It involves more waiting time, and more leg work for your agent. Due to the rise of short sale properties on the market, training companies see it as an opportunity to train agents specifically in this area, giving them certification upon completion. Although it's a plus to have your agent be trained in short sales, it’s better...