The federal CARES Act provided mortgage-payment relief for millions of American home owners experiencing pandemic-induced financial hardship. It was truly a lifeline for these many homeowners who wouldn’t have been able to keep up with mortgage payments. But the one-year end date for many of the forbearance plans is fast approaching – and it will … Continued
Finding the right house for any buyer takes a lot of time and effort. Once you’ve found the place that feels right for you, it’s important to get negotiations started off on the right foot. In order to give your offer that extra oomph, here are 4 ways to make your offer stand out against … Continued
Once you’re interested in moving to a specific neighborhood, it’s a great idea to do everything you can to get to know the surroundings of your next potential home to avoid overcommitting early on. Do some research, take a walk through the area, and keep your eyes peeled for these 5 neighborhood features to look … Continued
The process of buying real estate is tough enough as it is. But when you live in a different market from where you want to buy – the other side of town, another city, a different state, across the country – it just gets more stressful and more difficult to pull off. And then there … Continued
For many people today, owning a home is still the American dream. But for a good portion of them, that dream remains just out of reach owing to the large down payment and the monthly mortgage payments. For a lot of these people, though, that dream actually is attainable. The significant tax breaks for homeowners, … Continued
You’ve found the perfect home in a great neighborhood, and you’re ready to move on to closing. But then the inspection turns up several problems. That’s not necessarily anything to worry about, though – inspections always find issues with homes. What you do need to be concerned about are major issues or certain problems that … Continued
Homebuyers and home sellers are more often than not on opposite sides of the transaction fence. The goals of one are very often the opposite of the goals of the other. A seller, for example, wants to sell for as much as possible, and a buyer typically wants to pay as little as possible. So … Continued
Renting certainly has its advantages. For one thing, you don’t have to worry about repairs and maintenance. But owning a home has even more benefits, especially now that mortgage rates are near all-time lows. As a homeowner, you have more stability, you get to call the shots, and there’s the pride of ownership. This year, … Continued
In today’s competitive market, selling your house inevitably means some savvy and aggressive marketing. And no small part to that is plenty of top-notch listing photos. First impressions are immensely important, and those listing photos create the first impression that you don’t get a second shot at. But getting the photos you need involves a … Continued
If you’re planning on selling your house, you will, no doubt, have plenty of questions. It’s a big step and a big financial transaction, and you want to get it right. Preparation is key, and being forearmed with knowledge gained by asking questions will ensure that you’re truly prepared, that you understand the process. So … Continued
This new way of selling your home has been called a paradigm shift because it provides a way to avoid being in the same spot you started from months down the road. It’s called the hybrid approach, which uses a combination of real estate agent andinvestor. And it offers sellers an option other than just … Continued
A mule – a cross between a donkey and a horse – is a hybrid. But why do we need or even want such a creature? Well, it’s because the hybrid is in many ways better than either of its two progenitors, combining the best qualities of each. Simply put, you get the best of … Continued
When most people get ready to sell their home, they simply contact an agent and then have the agent list the home and market it. They do this simply because that’s what they’re familiar with, and there’s nothing wrong with that. But it’s not the only (or maybe even always the best) option. Sometimes it’s … Continued
A duplex is, as the name indicates, made up of two separate units, usually side by side, within the same structure. An apartment is typically a single residential unit within a larger building containing several or many similar units. Of course, we’re all aware of this difference, but it is that from which many other … Continued
Buying an investment property can be a smart move if done right. You stand to get a good return on your investment, as well as tax breaks and equity gains. But there’s also a good amount of risk involved – large upfront costs, ongoing expenses, and the possibility of a net loss. It requires some … Continued
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