4 Good Reasons to Consider Selling your Home
Why do people decide to move? Unless it’s a requirement, such as a job relocation, the research tells us that you, like many homeowners, may decide to sell at some point for one or more of the following reasons: Your home is no longer a good fit. You may have outgrown your current home and need something bigger, maybe with an additional bedroom. Or, you’ve become empty-nesters and want to downsize into something smaller. You may also want cash in the home equity you’ve built up to store...
Read More6 Things That Turn Buyers Off
…and What Sellers Can Do To Prevent It! We’ve talked about surprising home features buyers LOVE, and about why buyers aren’t biting on today’s market, despite it being highly affordable. But we haven’t talked much about the characteristics of sellers, listings and homes that turn buyers all the way off. Well, not until now! Here are 6 big-time homebuyer turn-offs that make buyers cringe at the thought of your home, and action steps you can take to prevent your...
Read MoreHUD FHA Condo Financing
HUD Announces New FHA Condo Financing Rules! The U.S. Department of Housing and Urban Development is expected to release updated guidance tomorrow on FHA-insured condominium financing. The new rules should benefit your real estate clients and customers by allowing more buyers to obtain low down-payment mortgages on affordable housing options. Specifically, the new rules will: Extend FHA certifications on condo developments from two years to three years, reducing the compliance burden on condo...
Read MoreHousing Affordability
The Ultimate Truth About Housing Affordability There have been many headlines decrying an “affordability crisis” in the residential real estate market. While it is true that buying a home is less affordable than it had been over the last ten years, we need to understand why and what that means. On a monthly basis, the National Association of Realtors (NAR), produces a Housing Affordability Index. According to NAR, the index… “…measures whether or not a typical family earns enough income to...
Read More7 Buyer Etiquette Rules
7 Unwritten Etiquette Rules Every Home Buyer Should Know You like being under a microscope? Whatever your answer to that question may be, you’d better get used to being scrutinized when you’re trying to buy a home. Your behavior can sway sellers to bestow their precious home on you—or pass you up for someone nicer or way less annoying. Naturally, realtor.com® is here to help! Just be sure to follow these heretofore unwritten rules of house-buying etiquette to stay in the good...
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