Knowing the basics of FHA loan rules can increase your chances of selling your house or condo. If your house meets the FHA guidelines, it will appeal to buyers who plan to use an FHA-insured mortgage. If your house doesn’t qualify for an FHA loan, you’re cutting out 30% of potential buyers. FHA is especially important […]
Category Archives: General Information
Ohio Amends the Good Funds Law Affecting Real Estate Closings
The Good Funds Law went into effect on April 6, 2017 amending Section 1349.21 of the Ohio Revised Code to require stricter controls for all residential real estate transactions involving the sale, purchase, or refinance of such real estate. The law was passed as an attempt to combat and thwart ramped-up, and increasingly advanced fraudulent […]
New Albany OH Ranked the Best Suburb in America
After examining data on 2,754 municipalities across the country, Business Insider put together a list of America’s 50 best suburbs. They considered suburbs with populations between 5,000 and 100,000 within 40 kilometers of the nearest metropolitan area. They also factored in average commute times, median household income, poverty and crime rates, public-school ratings from GreatSchools.org, […]
Selling A Home :: A Seller’s Home Enhancement Guide
You have probably heard how important first impressions can be. But did you know that within 15 seconds a buyer has developed an opinion of your property? This is why establishing the right first impression is critical to a successful sale! Our goal is not simply to sell our client’s homes, but rather to help […]
Why a Home is the Best Investment
America is, by and large, a nation of homeowners. Though more than 100 million Americans rent, they’re outnumbered two-to-one by Americans who own their own home, according to data from the U.S. Census.. Ask the 64% of Americans who currently own homes why they made the decision to stop renting. They will describe the personal […]
The 10 Most Expensive Mistakes You’re Making With Your Home
Homes cost a lot to maintain. But are you spending extra money unnecessarily on upkeep? Here are the 10 most expensive mistakes you could be making in your home. 1. Using Traditional Light bulbs In recent years, technology has brought us bulbs — namely, CFLs and LEDs — that put incandescent lighting to shame. Not […]
Understanding Real Estate Appraisals
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 […]
Decisions Faced When Inheriting a Home
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 […]
Home Values: An Explanation On Pricing
Setting the right price from the start is among the most important steps toward successfully selling your home. This requires taking an indepth look at what other similar houses are selling for to determine the market value of your home. Market Value Your house has many values to the tax assessor, your lender and insurance […]
Tips For Condo Buyers
Everyone knows there’s a big difference between renting an apartment and buying a home but not everyone realizes that buying a condo is significantly different from buying a single-family home. There are many good reasons to want to live in a condominium, but the buying process can be a minefield of potential disasters to the […]