Since hitting a low point during the initial stages of the pandemic, the only major industry to display immunity to the economic impacts of the coronavirus is the housing market. Housing has experienced a strong V-shaped recovery and is now exceeding pre-pandemic levels.”
There are many clear financial benefits to owning a home: increasing equity, building net worth, growing appreciation, and more. If you’re a renter,
Many real estate agents consider an open house a vital part of the home-selling process. An open house allows several prospective buyers to see a home in a single day. In some cases, the sellers receive one or more offers soon after an open house and are able to close the deal in a relatively short period of time.
A minor kitchen remodel such as changing hardware, resurfacing cabinets and other minor improvements can earn a return on investment of 83 percent, according to the 2016 Cost vs Value Report by Remodeling Magazine. An 83 percent return means that for every $100 spent on improvements, the home’s value increases by $83, on average. That won’t pay …
Kitchen Problems to Look for before Buying a Fixer-Upper Read More »
It protects them should you default on the loan, especially if you fail to make payments in the early years of the loan when more is owed on it. Foreclosure, property fix-up, and resale costs could result in a loss on the mortgage loan. That is a bad situation the lender wants to avoid. So …
Expert Insights: Why Do Lenders Require a Down Payment? Read More »
A cluttered home can become overwhelming. Instead of dumping your unwanted items in the trash when you’re cleaning the house, donate them to a charity. Donating clothes, furniture and other things is an easy way to help people in need, claim a tax deduction and lessen the load on your local landfill. Here are some …
No matter how much of a critter lover you may be, pests in your kitchen is never fun. But many consumers are also disinclined to spread poison all over their culinary arena. Below are a handful of natural, poison-free ways to keep those creepy crawlies outside where they belong. Vinegar and oil. No, you’re not …
Certainly, but it takes a lot of determination and time to find a real bargain. But if you are adamant, here are some likely targets to pursue: -Foreclosed property -A fixer-upper -Hard-to-sell new homes in a housing development -Tenant-in-common partnerships With the latter, you may be able to buy a partial interest in this form …
Expert Insights: Is it Possible to Buy a Home Below Market Price? Read More »
Odors are a huge turnoff for potential homebuyers and can be difficult to remove. The truth is that most homes have some sort of smell to them. Most often, the people who live there don’t even notice. This is especially true of pet odors. Owners become accustomed to their pet’s smell, such as from litter …
The short answer: a home is ultimately worth what is paid for it. Everything else is really an estimate of value. Take, for example, a hot seller’s market when demand for housing is high but the inventory of available homes for sale is low. During this time, homes can sell above and beyond the asking …
Expert Insights: How Do You Determine How Much a Home Is Worth? Read More »
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