Thinking of selling your home but not sure if now is the “right time?” The most common reasons why people decide to sell their homes include changes to their financial status, an employment transfer, a growing family or retirement. Today’s low interest rates have also made it attractive for many homeowners to “move up” to […]
Tag Archives: for sellers
Home Warranties Explained
While buying a home remains one of the biggest investments a person will make in his or her life, there’s always a lingering fear that something may go wrong soon after the purchase. Though home inspections may catch most of these problems before they occur, what happens if a major system or appliance goes haywire […]
Make Your Home FHA-Loan Friendly
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 […]
Do Open Houses Work?
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 […]
The Importance of Real Estate Listing Photos
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. […]
Who Pays the Real Estate Agent
Most home buyers and sellers work with a real estate agent, and the agent charges a commission. How much is the commission, and who pays it? The answer in both cases is: the terms are set in the listing contract the seller signs. Typically the buyer and the seller each have their own agent, and the […]
Home Inspections
Suppose you bought a house and later discovered, to your dismay, that the stucco exterior concealed a nasty case of dry rot. Or suppose that when you fired up the furnace in the winter, you discovered a cracked heat exchanger leaking gas into your home. The best way to avoid unpleasant surprises like these is […]
6 Reasons You Should Never Buy or Sell a Home Without an Agent
It’s Sunday morning, you’ve just picked up your Starbucks and are checking out the latest home listings on your favorite mobile real estate search app before you hit the road for a day of open houses. You’re DYIing this real estate thing, and you think you’ve got this covered—after all, thanks today’s real estate consumer search sites […]
Where are Home Values Headed as Interest Rates Rise
After years of speculation about mortgage interest rates, the Federal Reserve has begun increasing the Fed Funds Rate. The Fed Funds rate sets the cost of borrowing for the banks, and consequently the cost of mortgages for homebuyers. With additional moves at hand, there is concern that more expensive mortgage rates could hamper the housing […]