Understanding how appraisals work will help you achieve a quick and profitable refinance or sale. When you refinance or sell your home, the lender involved will insist that an appraisal be performed. An appraisal is the process of valuing real property and is simply an opinion of the market value of your home based on […]
If you’re an active real estate investor, at some point you’ll likely come across a probate sale. Properties sold through probate can be a good deal, as they’re often priced lower than other comparable homes, however, there are risks and probate sales often take longer than traditional real estate transactions. As a result they aren’t popular […]
Inheriting a property can often come as a shock and may feel a bit overwhelming especially when this comes in the wake of a family tragedy or death. Being the executor of an estate can be especially challenging. The largest asset in an estate—and the most difficult to resolve—is typically the house. While the specific […]
There are many reasons why you might find yourself in a position where you must acquire or would prefer to acquire your like-kind replacement property first before you sell your current relinquished property in your 1031 Exchange. You might unexpectedly find an investment opportunity that you must act on before you even have time to […]
Inventory breaks 91-month streak The fall season is cooling down more than the temperature outside; it’s also putting a much-needed chill on hot housing markets, as in many markets home prices have become unaffordable to the average buyer. Across the country more than one in four home sellers dropped their asking price last month. With […]
A housing market defined by rapidly rising home prices, bidding wars, a lack of inventory, and sellers with the upper hand in negotiations may be changing. Lately, those who read economic tea leaves have been hinting that we may be heading toward a shift in the housing market. This makes sense, as surely national home […]
Existing home prices continue to climb Central Ohio homes and condos continue to perform producing an increase in the average price of a home sold in central Ohio this year. The average price of a home sold central Ohio in August was $229,033, which is up 6.4% from a year ago. The median sales price […]
Fall is here as the leaves and the temperatures begin to drop we find that these aren’t the only things falling and rather BUILDER INCENTIVES ARE BACK! Builders are substantially dropping prices of market ready homes and introducing new incentives to sell their inventory homes. With interest rates projected to rise even higher (they’ve already […]
Once a primary tool for real-estate agents looking to sell a home, experts say the traditional open house has lost its influence in the Internet age. Nearly 96% of buyers search online for homes, while only half that number visit open houses, according to a 2017 report from the National Association of Realtors (NAR). And […]
A picture is worth a thousand words, and could be worth thousands of dollars when it comes to attracting the right buyers to your home. Let’s face it, buyers form their first impression of your home based on the online listing. As they say, web appeal is the new curb appeal and clicks equal closings. […]
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