Due Diligence In Real Estate – What Is It? Buying or selling a house is stressful and always has some inherent risks whether it is a single family home, a condo, mobile home or a multi-family building. You will always hear the term “Do you Due Diligence” from people when you are buying…..but what does … Continued
Have you ever been flipping through the channels, only to find yourself glued to the couch in an HGTV binge session of home renovation tv shows? We’ve all been there, watching entire seasons of “Love it or List it,” “Million Dollar Listing,” “House Hunters,” “Property Brothers,” and so many more all in one sitting. When you’re … Continued
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 … Continued
Just like buying a move-in ready home, a fixer-upper has its fair share of advantages and disadvantages. Buying a fixer-upper can be a great way to own a home you really love once you put some work into it, but it can also quickly swallow up your savings if you aren’t prepared. Just remember to … Continued
Every year around this time, many homeowners begin the process of preparing their homes in case of extreme winter weather. Some others skip winter all together by escaping to their vacation homes in a warmer climate. For those homeowners staying at their first residence, AccuWeather warns: “The late-week cold shot should fade next week, but this is … Continued
As we head into 2019, many news outlets and housing experts warn that the housing market may slow down. Over the last six years, the inventory of homes for sale has been near historic lows, which has been the force behind increasing home prices. This has been great news for sellers as many of them … Continued
Everyone should realize that unless you are living somewhere rent-free, you are paying a mortgage – either yours or your landlord’s. Buying your own home provides you with a form of ‘forced savings’ that allows you to use your monthly housing costs to increase your family’s wealth. Every month that you pay your mortgage, you are paying off a … Continued
The interest rate you pay on your home mortgage has a direct impact on your monthly payment. The higher the rate, the greater the payment will be. That is why it is important to know where rates are headed when deciding to start your home search. Below is a chart created using Freddie Mac’s U.S. Economic … Continued
Rental Scams As you start searching for a home to rent, you come across some that are, well for lack of better words, just sound too good to be true. You do some research and find that the home is also listed for sale on other sites. How Do Rental Listing Scams Work? Is someone … Continued
Refinancing a mortgage can provide lots of advantages for homeowners. They can lock in a lower interest rate or shorten the term of their loan that can help them save thousands of dollars in their monthly mortgage payments. However, there are still lots of confusion about the refinancing process that hinder them from reaping its … Continued