Key steps in the home selling process: if you are considering selling your home but not sure of the process, here are the key steps involved: Once you sign the listing agreement and complete the seller disclosure report, your realtor will begin to market your home. Cooperate with them to prepare for open houses andContinue reading “Key Steps In The Home Selling Process”
Tag Archives: new york real estate
Older Home vs A New One
Older Home vs A New One: Is an older home a better value than a new one? There isn’t a definitive answer to this question; you should look at each home for its individual characteristics. Generally, older homes may be in more established neighborhoods, offer more ambiance, and have lower property tax rates. People whoContinue reading “Older Home vs A New One”
Thinking About Buying A Fixer Upper
Thinking about buying a fixer-upper homes that needs work can be a great investment, especially if you can purchase them below market price, but stay away from upgrades that won’t add value to the home. If a home needs major repairs to its plumbing, electrical foundation, or roof, keep in mind that fixing major flawsContinue reading “Thinking About Buying A Fixer Upper”
Ways To Know You’ve Found The Right House
Ways to know you’ve found the right house: Almost every home buyer has fears about making the wrong decision as they look for a new home. Read Also: Selling A Home With A Mortgage Here are some signs to recognize that the right home has come along. Don’t second-guess your instincts when you find theContinue reading “Ways To Know You’ve Found The Right House”
Selling A Home With A Mortgage
Selling a home with a mortgage: When you own a home with a mortgage, as most people do, you’ll probably sell the home before the mortgage is paid off. This is typically a problem unless you owe more than what the home is currently worth. Since the proceeds from selling the home will likely beContinue reading “Selling A Home With A Mortgage”
Factors That Can Depreciate Home Values
There are a variety of factors that can depreciate the value of your home. Factors way beyond your control. The state of the economy can be directly correlated to the changes to real estate value. A weak economy means a higher unemployment rate which in turn decreases the purchasing capacity of the buyer. The resultContinue reading “Factors That Can Depreciate Home Values”
Do I Need To Be There For The Inspection
Do I need to be there for the inspection? It’s not required, but it’s a good idea. Let the inspector do their job while you take notes and pictures. Following the inspection, the home inspector will be able to answer questions about the report and any problem areas. Read Also: What Documents To Keep After ClosingContinue reading “Do I Need To Be There For The Inspection”
What Documents To Keep After Closing
There’s lots of paperwork involved in a real estate transaction. Here is a list of the documents you should keep after the closing. Read Also: Common Home Buying Myths With respect to your home mortgage, you should also hang on to the truth in a lending statement that summarizes what your interest rate and monthly paymentsContinue reading “What Documents To Keep After Closing”
Common Home Buying Myths
The home buying process can be a stressful experience, especially for first-time home buyers. Let’s take a look at some common home buying myths. A 30-year mortgage is always the best deal. Not necessarily, while monthly payments may be lower. The longer the fixed rate mortgage, the higher your interest rate and interest payments willContinue reading “Common Home Buying Myths”
Common Listing Agreement Clauses
A listing agreement is a written agreement between the owner of a property and the real estate broker they select to sell it. A listing agreement typically gives the broker the exclusive right to sell the property for the duration of the agreement. If the broker is a member of the National Association of Realtors,Continue reading “Common Listing Agreement Clauses”
