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According to the U.S. Census Bureau in 2016, more than 42 percent of people said they moved for a housing-related reason. Many of them either wanted a new home or a better apartment. Other reasons people cited for moving include family and employment-related reasons. “The decision to move can ...
Let’s face it: there’s already a growing number of freelancers, contract workers, and gig economy workers in the U.S. It’s not surprising, given that many people now want to be their own boss or work from their own homes while sitting comfortably in their sofa. In a 2017 survey conducted by ...
Planning to buy a home while the market is tight? Don’t dive in unprepared! Understand what makes up a seller’s market, and follow a plan to make your offer stand out.
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Much like any business venture, listing your home for sale is all about finding the best possible timing. The best case scenario would be one in which the sale happens while the market is at its best, at the same time you are prepared to leave, and to buyers that are motivated to pay ...
For some people with enough funds and other houses to live in, selling a home and buying one at the same time can be relatively easy since there is not much pressure involved. But for those who need the equity from their old house to buy a new one, things can get quite stressful--especially so ...
luxury of living elsewhere while selling the house they do have. It’s pretty common for home sellers to have to deal with the challenge of selling the same home in which they still have to eat, sleep, and bathe in -- so it’s nothing to be embarrassed about. However, it can be quite a ...
In an analysis conducted by the National Association of Home Builders (NAHB), it was found that there was a larger percentage of new homes, especially single-family homes, that cater to the preferences of many home buyers today. Significantly, new construction is addressing the substantial ...
The spring real estate market is already here. Despite the strong competition, it’s a great time for home buyers to score their dream home because of high market inventory. And soon, there will be fresh batches of buyers who have just finished closing and will soon be moving. Purchasing a new ...
In simplest terms, a mortgage is a long-term loan designed to help borrowers purchase a house. It allows individuals to become homeowners without making a large down payment and thus, fulfilling The American Dream. Once you become a homeowner, a mortgage represents one of your life’s biggest ...
Whether you are a first-time home buyer or a third-time home seller, the real estate transaction can be confusing and stressful enough even without the many terms and acronyms used during the process. But don’t be overwhelmed — we’ve compiled a mini-glossary of the important terms you should ...
The kitchen is one of the most important areas in a house. If a potential buyer is someone who spends a lot of time in the kitchen, the condition of this area can make or break a sale. In fact, even if the buyer is not much of a cook, the kitchen is still a major consideration since this is ...
The viewing is usually the most exciting part of looking for and purchasing a home. It is the biggest purchase anyone ever makes, and home sellers usually go above and beyond when staging their homes. Because of this, home buyers find it so easy to fall in love with a home that looks great at ...
You may think that buying a house still isn’t in your realm of possibility. In fact, you may even feel a wave of panic just thinking about where to get the money for your down payment.For many young people, saving up to buy a house is the least of their priorities, especially when you’re still ...
Are you considering buying a house with an interest-only loan? We rounded up the 5 most common questions about this type of loan and came up with the best answers from the experts.
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In a very competitive housing market, buyers need to step up their game in every way possible. They need to establish that they have a good credit score, a mortgage pre-approval, and a reasonable offer with fewer contingencies. However, if sellers are faced with multiple offers from buyers who ...
An appraisal is an integral part of the home buying process as it determines the objective value of a property. Lenders require an appraisal to help them evaluate a home before they issue a mortgage. Appraisals are done by trained and licensed appraisers, who will then give an unbiased report ...
The process of looking for a home in your golden years could be a bit different from when you were looking for a home to build a family in. Now, you can focus on what will make YOU happy. Your children have found homes of their own, and you’re now free to choose a new home to create new ...