Some have compared appraisals to a report card for your house. Banks and lenders want to make sure that lending you money is a good investment for them and ensure the home is what it seems. On the other hand, sellers are interested in appraisals because they ultimately impact the asking price. The process ofContinue reading “Appraisers: Demystified”
Tag Archives: neighbors
Could empty office buildings bring down home prices?
What if I told you that some of the country’s most desirable real estate locations are currently sitting mostly un-utilized? What if I also told you that these places could be a key to opening up more opportunities for homebuyers, senior citizens, etc. More opportunities means more housing. More housing means more supply. More supplyContinue reading “Could empty office buildings bring down home prices?”
The risks of zero-down loans in this market: Is this 2008 all over again?
It’s baaaaaaaaaaack…. With Bank of America recently announcing their loan option for lower-income households that requires no down payment, no closing costs, and doesn’t base the loan on a minimum FICO score, you might be wondering if this is 2008 all over again. Can we really be repeating these kinds of loans and promoting homeownershipContinue reading “The risks of zero-down loans in this market: Is this 2008 all over again?”
Dead lawn from the heat and drought? Think clover.
Having a clover lawn instead of a traditional grass lawn has been all the rage on social media lately. In fact, #cloverlawn has more than 65 million views on TikTok alone. A well-manicured grass lawn is a very traditional vision in the minds of Americans. These are the same people who spend hundreds of dollarsContinue reading “Dead lawn from the heat and drought? Think clover.”
Why Won’t My House Sell?
Sometimes homes just won’t sell – but why? Here are some top reasons that could explain everything. Pricing: The price is too high; this is by far the most common reason that a home is not selling in this market. Rarely if ever are we seeing a lack of demand – meaning sellers are enjoyingContinue reading “Why Won’t My House Sell?”
So You Wanna Buy A Condo?
Buying a condo is much like any other home purchase. However there are some added features that not all agents are aware of when writing up their agreement of sale. Below are some quick tips and unexpected things that can arise when purchasing one of these homes. Things to think about… Know that you willContinue reading “So You Wanna Buy A Condo?”