While owning a big home is thrilling, it comes with many responsibilities. Therefore, if your home doesn’t match your lifestyle, you might want to purchase or move to a smaller one. Besides, downsizing your home has many benefits. You can increase your cash flow,...
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Residential Real Estate
Be sure to consider a new home objectively
When you’re in the market for a new home, you probably have a list of must-haves. Some people also refer to this as a wish list. It just means that you’ve created an organized list of the things that you’re looking for in the home. This doesn’t necessarily just mean...
What makes real estate comps inaccurate?
When buying and selling real estate, comps are very important. These are used to determine the value of the property. Essentially, you just find comparable properties that have sold, you look at the market value for those properties, and you use it to set the value on...
Why you shouldn’t look at “love letters” from potential buyers
If it’s been years since you’ve had a home on the market, you may be surprised and touched when your real estate agent forwards you emails or even hand-written letters from prospective buyers. These “love letters” have become common – particularly in highly...
Should you worry about an easement on a property?
When you find what appears to be the perfect property, you need to check if it really is. Often properties have issues that mean they are not as good a deal as they first appear. One of those is easements. An easement gives someone else the right to use part of your...
What you need to know about rent-to-own agreements
A mortgage is the most popular way of financing the purchase of a new house. However, not everyone qualifies for one. You must have a good credit score and cash for a downpayment - which may be out of reach for many. However, there is another way of buying a home that...
Why do some home purchases fail right before closing?
Closing a real estate deal is no easy feat. Some deals collapse at the last minute, even when they seemed so promising initially. As the buyer or seller, it can be frustrating. Understanding why this happens can help you avoid the hurdles that usually come up when...
4 benefits of buying a home while in your 20s
Much of what you do while you're young will have a great impact on your future. Many people try to make big investments while they’re young and full of energy so they can kick back and relax in later years. There are many benefits to investing in real estate young....
Why make a cash offer on a home?
Buying a house can be a tedious and lengthy process. If the owner is willing to accept an all-cash offer for the house, however, you can save some time (and, possibly, money) by cutting out the loan officer and bank. An all-cash offer can be made if you have the funds...
4 common reasons people fire their real estate agent
Buying a home is a tricky process, but it shouldn’t be that way and often is the cause of a bad real estate agent. Knowing what makes a poor real estate agent could save you tons of trouble as you find your new home. 1. Your real estate agent lacks communication...