Buyers are becoming discouraged there are not enough homes on the market, especially, in certain price ranges. When they do find something they want, there may be multiple offers and they end up losing to another buyer. Some buyers after experiencing several of these instances have decided to wait until the market changes. It is … Continued
"I’d wish I’d known that before I picked a mover." Having a checklist of questions might have prevented this issue. This list of questions will provide you with things to discuss when interviewing a moving company. Fees What is the charge for packing? Does it include boxes? If not, what do they cost and will … Continued
A common concern for homeowners is that if they sell their home first, they may not be able to find another home to buy. It is understandable with the low inventories currently available in most markets, but a strong argument can be made to buy your replacement home first. In fact, there are some advisors … Continued
The primary negotiation in a home purchase takes place when the contract is agreed upon that includes the price, closing and possession. With inventory down over 19% in the past year and multiple offers being more of the norm than the exception, the first round of negotiations can be challenging. Buyers and sellers alike feel … Continued
In inflationary times, currently the highest in 40 years, the purchasing power of your money diminishes each day; essentially, buying you less. The biggest threat is to be without capital assets, like a home, that are benefiting from the increase in prices. Your money buys less gasoline now, than it did a year ago, by … Continued
$625,000 4 Beds | 3 Baths SqFt: 3,064 Sq Ft | Acres: 0.34 Subdivision: Maple Row Est Sec 8 Perfect STAYCATION home! Sparkling mineral/salt water heated inground pool just waiting for you to dive in! Massive finished basement w/brand new carpet w/full bath & bedroom perfect for adult kids or in-laws…even has a fireplace, massive … Continued
Rising interest rates compounded with increasing home prices are causing affordability issues for many buyers. To keep payments low, you won’t have to give an arm, but more buyers are considering getting an ARM, adjustable-rate mortgages. Mortgage rates are near its highest point since 2009. "While housing affordability and inflationary pressures pose challenges for potential … Continued
With multiple offers the norm on many listings these days, the seller relies on their listing agent to help them determine which one to accept. In some cases, offers subject to FHA or VA mortgages tend to move to the bottom of the list. Some sellers consider all cash offers first and then, conventional offers … Continued
In today’s ultra-competitive real estate market where there is only 1.7 months supply of inventory compared to 6 months in a balanced market, and the average home is getting 4.8 offers per sale, it is more important than ever to have the right person "champion" your cause. In the Middle Ages, it became customary for … Continued
As a current homeowner, you may be basking in the consolation that you bought before the market got crazy with higher prices and interest rates. However, it doesn’t mean that you may not be facing higher mortgage payments for next year. Most homeowners pay their taxes and insurance into an escrow account with their mortgage … Continued