Open Concept Floor Plans: Pros and Cons
March 8, 2018Here are some pros and cons of open concepts to determine if it’s right for your home and lifestyle.
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What is a Kick-Out Clause in a Real Estate Contract?
March 8, 2018Many buyers are not able to afford the purchase of a new house until their current home sells first. Once their home sells, they can use the proceeds of their sale to be put towards to the purchase price of a new home. Even those who may be able to afford a new home without first selling their current property might not necessarily want to carry two mortgages until their current home finds a buyer.
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INFOGRAPHIC: N.A.R.’s Existing Home Sales Report For January 2017
March 8, 2018While the median sale price of existing homes rose in January from the same time in 2017, the number of sales has dipped. Here are some statistics that have characterized the existing home sales market in January 2018, as compiled by the National Association of Realtors (NAR).
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What’s the Difference Between “Assessed Value” and “Fair Market Value”?
March 5, 2018Property values play a key role in the world of real estate. Buyers are always looking to get a deal on a home, while sellers are always seeking the highest price.
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Questions to Ask Before Choosing Between an Adjustable-Rate or Fixed-Rate Mortgage
March 5, 2018It’s the age-old question when it comes to taking out a home loan: should you go for an adjustable-rate or fixed rate mortgage?
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5 Things Sellers Should Do Before Relisting
March 5, 2018No seller ever wants to have to take down their listing after little activity and zero offers. But it does happen, and these sellers are then left with the task of relisting their homes at some point in the future.
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What’s the Difference Between a Loan Estimate and Closing Disclosure?
March 1, 2018As a consumer, you want to be able to make informed purchasing decisions, especially when it comes to big-ticket items like a house. That’s exactly why Loan Estimates and Closing Disclosures exist, which essentially help provide buyers with details about their mortgages before they formally commit to them.
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How to Dispute a Low Appraisal on Your Home
March 1, 2018Once an offer has been accepted on your home, the buyer’s lender will order an appraisal on the property to make sure its current value is in line with the mortgage amount. Usually, the appraisal closely matches the agreed-upon purchase price, but there are times when it doesn’t.
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INFOGRAPHIC: 14 Real Estate Terms All Buyers Should Know
March 1, 2018As a buyer, you’d be well-advised to understand certain terms in the real estate world that directly affect buyers. Before you sign on the dotted line, be sure to familiarize yourself with the following terminology.
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8 Neighborhood Features Homebuyers Should Steer Clear of
February 27, 2018When you buy a home, you’re also buying the neighborhood. The area you purchase into has a direct impact on the value of your home, both today and into the future.
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