Owning your own home is often described as The American Dream. Unfortunately, due to individual circumstances like your financial situation and factors out of your control like the housing market, owning a home may not happen right away. Instead, many people opt to rent a home in the meantime. But is this the right choice […]
Escrow is when money is held by a third party on behalf of two other parties that are in the process of a large financial transaction—in this case, the home buyer and the home seller negotiating a home sale.
We use social media in our everyday lives to connect with friends and family, do business and find the best deals in town. But do you use it to find a new home? When using social media to find a new home, it is best used as a supplement to more traditional forms of house […]
You have spent time meticulously decorating and furnishing the interior your home to match your taste and lifestyle. But are you making sure your curb appeal is up to par? The exterior features of your home are just as important as the interior ones, as curb appeal provides a wealth of benefits for you and […]
Buying or selling a home is no small task. It requires a lot of know-how, professionalism, and ability to work with others to help you get the home you want. A realtor can help you through the process—you just need to choose the right one. Here’s what you should look for when selecting a realtor:
Your home is your castle. You’ve put in a lot of love and attention into it to make sure that when it comes time to sell your home, you are getting a good return on investment. As such, you should be aware of factors that can affect your home’s value—both those you can and cannot […]
House hunting can be stressful if you don’t know where to start. Thankfully, knowing your needs and managing your expectations is a good way to narrow down your search. To help you even further, simply turn to your smartphone. There are a wide variety of real estate apps available that are free to download to […]
You’ve heard it time and time again: “Make sure you get your mortgage pre-approved.” But what exactly is a mortgage pre-approval and why do you need one? Do you even need one? Getting a mortgage pre-approved before you search for a home is an important step that many would-be homebuyers skip. By not skipping, you […]
Whether you’re buying or selling a home, you may come across what is known as an escalation clause. Simply put, this practice increases your bid on a home by a specified amount whenever there is a competing bid. However as simple as it sounds, there are a lot of rules and intricacies to follow and […]
If you are planning on purchasing a home, it’s important to understand the difference between annual percentage rate (APR) and annual percentage yield (APY). These two items differ enough in how they work that they can significantly affect how much you pay each month in interest.