Another complicated thing about selling a home is the issue of what you and your real estate agent need to disclose. You really want to sell your house and at the best possible price. But on the other hand, you don't want to be a snea...
When looking for homes online, home buyers might chance upon a property with a “contingent offer” status. This means that an offer has been made and accepted, but the sale is still conditional while both parties work on meeting ce...
What is escrow and how does it work?
At some point in a real estate transaction, you will encounter the word “escrow.” If you're the buyer and you make an offer on a home you like, yo...
Owning a historic home certainly comes with its own set of benefits and challenges. You need to make sure that you are ready for the challenges and responsibilities—financially, emotionally and even physically. Beyon...
Opportunities
1. Lower monthly payments
The main and obvious advantage of an interest-only mortgage is its low monthly payments. This benefits buyers who are looking to buy a r...
Let's face it: there’s already a growing number of freelancers, contract workers, and gig economy workers in the U.S. It’s not surprising, given that many people now want to be their own boss or work from their own homes while sit...
Planning to buy a home while the market is tight? Don't dive in unprepared! Understand what makes up a seller’s market, and follow a plan to make your offer stand out.
A lot of home buyers tend to make rookie mistakes...
In an analysis conducted by the National Association of Home Builders (NAHB), it was found that there was a larger percentage of new homes, especially single-family homes, that cater to the preferences of many home buyers toda...
For some people with enough funds and other houses to live in, selling a home and buying one at the same time can be relatively easy since there is not much pressure involved. But for those who need the equity from their old house to ...
The viewing is usually the most exciting part of looking for and purchasing a home. It is the biggest purchase anyone ever makes, and home sellers usually go above and beyond when staging their homes. Because of this, home buyers find...