Not common but a less known type of financing is the bank statement loan. What are they? I got this question from a small business owner recently who was trying to purchase a home. They are essentially a type of loan that allows a buyer to get a mortgage without the traditional documents (taxes, paystubs,Continue reading “Why a Bank Statement Loan Could be the Answer to Your Prayers￼”
Tag Archives: Real Estate
Why Homeownership Will Always Be the American Way
Going back as far as I can remember, there has been this image in my head of the “American Dream”. It involves a modest house in the post WW2 era. It shows a white picket fence, dog running in the yard, father washing the car, mother planting flowers and kids playing out back. Most assuredlyContinue reading “Why Homeownership Will Always Be the American Way”
My Biggest Concerns for Sellers Right Now
It’s hardly a secret that sellers have had the run of things recently in the real estate market. Seemingly, sellers can sell without regard to the area, time of year or price point. What if I told you that was a bit of a myth? Sure, there are instances where people pay insane amounts andContinue reading “My Biggest Concerns for Sellers Right Now”
The Most Affordable Ways to Get Your Home Ready For Market
So you wanna sell your house? Great. You don’t want to do anything to prepare it for showings? Not so great. One of the biggest myths right now is that this market will allow for any home to be sold for any price in any condition. Just list it and sell it over the weekend.Continue reading “The Most Affordable Ways to Get Your Home Ready For Market”
Radon: The Threat You Barely Know Anything About
Radon. Ring a bell? Think back to when you bought your house. Do you remember paying for a radon inspection? No? OK, let me give you a refresher. I try not to be an alarmist or use hyperbole when it comes to issues of real estate, but radon is no joke. It is literally theContinue reading “Radon: The Threat You Barely Know Anything About”
Will You Be My Transactional Licensee?
Most topics covered here at #asksethanything are what I call “front-facing” issues. Mostly using terminology and examples which are relatable and easily to understand. Today’s topic is easy to understand, but odds are you haven’t used your realtor as a “transactional broker”. Typically, when a realtor assists a consumer with buying or selling a home,Continue reading “Will You Be My Transactional Licensee?”
OMG! My Appraisal Came in Low! What Now?
You’ve gotten the home under contract, you’ve negotiated inspections, you’ve started to call movers and plan for your next phase when all of a sudden a terrible wrench is thrown into your transaction that causes heart palpitations: “The appraisal came in low” Now to everyone out there who just read that last sentence and thinkContinue reading “OMG! My Appraisal Came in Low! What Now?”
“Why Won’t My Home Sell?”
So this real estate question I don’t get very often, but it’s an important one. Of course, my first inclination is to say, “It’s because you didn’t list your home with me!” But in all seriousness, the truth is that there are many reasons a home won’t sell, but below are the biggest culprits: Funky SmellsContinue reading ““Why Won’t My Home Sell?””