New vs. Used Homes: Which is Best for You?

  We all know that in most cases, brand new homes are more expensive than existing homes. However, existing homes can carry extensive future maintenance costs that may equal or even outweigh that purchasing price of a new home. Here are the most crucial factors to consider when trying to decide what type of home is right for you. New …

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Rental Buying for Beginners

To buy, or not to buy? Purchasing a rental property can be very lucrative if you choose wisely. Here are the most crucial factors that will influence your decision. Property Type For first-time investors, single-family homes or condominiums are generally the safest bet. Single-family homes attract couples and families, who are more likely to become long-term renters and thus ensure …

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Selling Your Home in the Winter

Turn on the Heat Make sure the temperature is comfortable and warm, especially on a cold day—potential buyers may stay longer. If you have a fireplace, a chilly afternoon is the perfect time to use it. Consider Lighting Make sure all visible computers and televisions are turned off or dimmed. The key is to use a combination of natural and …

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The Home Buying Process: When You Have Kids

Commute You may want to make sure that you’re reasonably close to your workplace and school, especially if you have children who are still young enough to need an assisted daily routine. Getting your kids up and ready for school can be a hassle—there’s no need to add to the stress by having an extra-long commute to your work or …

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Evaluating a Buyer’s Offer

Offer Price While this number is probably the first thing you’ll look for, a first offer is almost never the final one. You can request that this price be adjusted based on other factors of the buyer’s offer such as contingencies. Closing Date This is the date in which the buyer indicates they want you to transfer over the property …

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Should I Refinance My Mortgage?

  To Secure Lower Interest Rates and Lower Monthly Payments The first thing to ask yourself when considering refinancing is, “how long am I planning to live in this house?” If you are planning to live in your home for at least 5 more years, refinancing will help you save money in the long term. However, if you’re anticipating putting …

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Sell Your Home with Success

Four different factors to keep in mind when selling your home: Curb Appeal You want to make your home memorable to potential buyers without going overboard with renovations. Adding curb appeal will help get more people in the door when you have a showing: making sure the lawn is fresh-looking and neatly landscaped, having a fresh coat of paint where …

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Eliminating the Stress of Buying a Home

Find a great real estate agent Make sure your real estate agent is highly experienced, knows about homes in the area you’re looking in, and connects with you. Consider amenities and location Room size, and other aspects of a home’s interior are all factors that may affect your decision. However, just because a home meets all of your expectations in …

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Is Buying a Fixer-Upper Worth It?

Homes listed in a condition that requires extensive repairs are called “fixer-uppers” for a reason. While these types of homes are often much cheaper than the asking price of similar remodeled homes in the area, many first-time homebuyers make the mistake of taking on more than they’re able to handle, spending hundreds of thousands on making the house livable. Below …

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What You Need to Know About Real Estate Law

Real estate law, also referred to as real property law, includes both federal and state legislation on the ownership and usage of property. The more informed you are of your rights, the better prepared you’ll be to be involved in a real estate transaction. Here are relevant federal laws that apply to both buyers and sellers in every state: Mortgage …

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