While no one wants to sell a their home for less than their asking price, being forced to accept a lower offer on a luxury home often constitutes a significant financial loss. From understanding the mindset of potential buyers to choosing the right time to sell, there are plenty of tips that may help to […]
Buying your first home is what you have been daydreaming about for months if not years. Your favorite daydream is a sunny Saturday afternoon watching the kids run through the sprinkler on your freshly mowed lawn. And there is that pestering feeling of being a little overwhelmed with the big decisions you face about the […]
Most offers to purchase will include a home inspection as a contingency, so the results of the inspection can have a major impact for you as the seller. Depending on what the inspector finds, the buyer may ask you to make repairs or may renegotiate the sale price. At worse, it’s possible the inspector finds […]
A number of U.S. colleges and universities are canceling in-person classes and moving to online instruction due to the threat of the coronavirus. They’re asking students to leave dorms and campus housing, too, amid the rising cases of COVID-19, which was declared a pandemic by the World Health Organization on Wednesday. Administrators are closing dorms […]
Being denied a mortgage loan can seem to shatter your dreams of home ownership. But arming yourself with knowledge before sitting down with a lender can improve your chances of being approved. Here are three of the most common reasons mortgage applications get denied and how you can avoid them: 1. Poor Credit History. Not surprisingly, […]
You, as a homeowner, have a lot to juggle when it comes to your property. From the roof to the walls to the very floor, there is a lot to look after, and you may hire a variety of working professionals who can fix or replace just about anything. You are bound to hire plumbers […]
Useful Tips For Home Buyers and Sellers Buying or selling a home is one of the most stressful experiences when you have never done it before. Even when you have moved multiple times in your life, it is an event that can cause consternation. There are good reasons why so many articles are published offering […]
Clearly, the new historically low interest rates offer many, if not most, homeowners an opportunity to refinance mortgages. If you are considering refinancing, make sure you have clear goals about what you want to accomplish because this opportunity isn’t likely to come around again during your lifetime. Generally, refinancing is done to accomplish one of […]
The panic surrounding the coronavirus outbreak has caused widespread economic upheaval. Stock markets have crashed, companies from all across the country have shuttered operations and laid off employees, and many are predicting that a major recession (or even a depression) will soon be upon us. So, it might sound counterintuitive to consider buying a home […]
Fannie Mae and Freddie Mac have been told by the Federal Housing Finance Agency to come up with alternatives to appraisal requirements and employment verification on loans they service through May 17, in response to the COVID-19 shutdown. “To allow for homes to be bought, sold, and refinanced as our nation deals with the challenges […]
