If you’ve been thinking about buying a second home, now is a good time to take the leap. Mortgage rates are still historically low.
But there are some vital things to do before you start shopping. Follow these steps to make buying a second home a smooth process:
Selling your home without a real estate agent may sound tempting, especially when the thought is to pocket the money from what would have been your agent's commission fees. However, the truth of the matter is not using an agent can often cause you to lose money--a lot of it.
Here are just a few of the many things that agents bring to the table, that may cause you to reconsider selling your home without one.
It's that time of year again; and what better way to celebrate the arrival of Spring and warm weather than to whip out the cleaning supplies and get to work deep cleaning your home. Check out these three tips on how to simplify the Spring cleaning process this year.
In many markets across the country, the number of buyers searching for their dream homes greatly outnumbers the number of homes for sale. This has led to a competitive marketplace where buyers often need to stand out. One way to show you are serious about buying your dream home is to get pre-qualified or pre-approved for a mortgage before starting your search.
There is no doubt that the price of a home in most regions of the country is greater now than at any time in history. However, when we look at the cost of a home, it is cheaper to own today than it has been historically.
The price of a home is the dollar amount you and the seller agree to at the time of purchase. The cost of a home is the monthly expense you pay for your mortgage payment.
By Ryan Fitzgerald
There are many economic variables to consider when selling your home when interest rates are rising. If that’s the only changing economic variable, you’re generally going to see a negative impact on both home sales and home prices. This means as interest rates rise, the buyer pool for your home is going to shrink.
As more and more baby boomers enter retirement age, the question of whether or not to sell their homes and move will become a hot topic. In today’s housing market climate, with low available inventory in the starter and trade-up home categories, it makes sense to evaluate your home’s ability to adapt to your needs in retirement.
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Finding a real agent to assist you with the process of buying or selling a home is a big decision that should not be taken lightly. Picking the right agent can save you lots of time, money, and unnecessary stress. On the other hand, picking the wrong agent can cost you BIG, and even have long-term consequences.
Here are six key qualities to look for in a real estate agent:
By Robin Saks Frankel
With housing inventory far lower than demand and mortgage rates poised to rise, it’s going to be a competitive market for homebuyers this spring.
If you’re looking to buy a home this season, here’s how to prepare yourself to enter the fray.
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