Home buyers in moderate, high or very high opportunity areas can get up to $50,000 in a forgivable loan to cover their down payment and closing costs to purchase their first home. The loan is paid off over a span of ten years with one tenth being forgiven every year at the anniversary [...]
If you are a seller, be prepared to vacate the home for the duration of the inspection. A typical inspection will take 2-3 hours for an averaged sized (2,000 square feet +/-) home. The buyer(s) will meet the home inspector of their choice at the home. The home inspector must be licensed, registered with the state and [...]
The current housing market is one of the most competitive in decades, with record-high prices and record-low inventory. Houses in our area are currently selling above asking price and sometimes by tens of thousands of dollars and appraisals have been generally bearing out the selling prices with few exceptions. You may find yourself making [...]
What Makes A Buyer A Loser? Beware the Alien Agent!
Alien:
: belonging or relating to another person, place or thing.
: relating belonging or owing allegiance to another country or government.
: differing in nature or character typically to the point of incompatibility.
Check. Check. Check.
The proliferation of cloud based real [...]
Hire an Agent to Represent You. Be specific about your needs and wants in case your agent gets wind of something coming on the market that may meet your criteria. If you are sitting on Zillow and contacting who you assume is the listing agent it is costing you valuable time. Time is not your friend in this market and you need to sign an [...]
A really nice listing came up last week. One that, at first glance, I figured will sell quickly and at full price and maybe even in a multi-bid situation. I was contacted by 5 people via Realtor.com, all prospective buyers apparently lacking agent representation and all requesting showings for the following week (3-8 days later.) As I [...]
CHFA rates just dropped to 3% this week. This is great news for first time buyers and especially buyers in CHFA target areas, who receive an additional ¼ percent interest rate reduction. [...]
I ran across an article recently titled “15 things home buyers will HATE about your house. . At first glance, I wondered if I would agree with the assessment and if I could based on my personal experience, add a few of my own. I also polled the agents at Home Selling Team, the local experts, who have vast knowledge and a varied [...]
Single women and purchasing condos and homes at more than twice the rate of single men according to a survey by the National Association of Realtors (NAR). According to the survey, single women comprised 18 percent of all sales last year as compared to only 7 percent of single males. Single women are only second to married couples as the [...]
Probably not! According to a new study by Bank of America we have underestimated the money smarts of millennials.
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