Tag: Real Estate

Posted on 02/06/2022
Fair Market Value: Why It Matters
There are many variables that make up the fair market value of a property. Because this value depends heavily on the environment and the property itself, it’s crucial in making sure you get the best buying or selling price. Here are some of the biggest things that fair market value affects: Insurance Homeowner’s insurance always uses the fair...
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Posted on 01/30/2022
What Are the 5 Types of Residential Property?
Image by F. Muhammad from Pixabay If you’re looking for a new home you are probably searching for a specific category. While residential properties come in many different types, sometimes it’s difficult to differentiate them. Once you learn more about the terminology, you might find that you can broaden or narrow your home search. This can yield better...
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Posted on 06/27/2021
Real Estate: Quick Beginner Tips
Photo by Free-Photos via Pixabay For some, house hacking is the key to getting started in real estate; for others, it's just a smart way to build cash flow into an otherwise uncooperative rental market. Wondering how to get your foot in the door? Here's what you need to know. What is House Hacking? The term "house hacking"...
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Posted on 10/20/2019
What Types of Mortgages can you get?
Multiple options are available when it comes to real estate loans. Figuring out which one you need can be disconcerting, to say the least. So, if you’re new to the game, here’s a quick guide to help you along. Standard Mortgages: Conventional – Loans that fall within the FNMA/FHLMC (Fannie Mae/Freddie Mac) guidelines where the Federal government is...
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Posted on 08/25/2019
Smart Ways to Pay for Your Home Repairs and Renovation
These days, homeowners are very busy renovating and improving their property, according to a HomeAdvisor survey. The homeowners who participated in that survey admitted they had spent an average of over $6,600 on repairs and improvements in 2018, and almost 50 percent of these homeowners were thinking about doing more renovations. What is driving all this home improvement?...
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Posted on 07/14/2019
Are you Prepared for a Bidding War?
You and your agent search for weeks to find the perfect home and suddenly, there it is on the market. It’s in the highly sought-after neighborhood of your dreams and, amazingly, the asking price is in your sweet spot. You and your agent follow tried and true negotiation tactics only to learn that the seller has multiple offers...
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Posted on 06/09/2019
Economic Indicators That Predict the Behavior Of The Housing Market
When you read the newspaper or listen to the news, it is likely that you come across economic indicators of your local real estate market even when you don’t know that they are. Most people do not pay attention to these indicators because they do not affect them directly. However, it is essential that you have a clear...
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Posted on 05/19/2019
What is Common Interest Housing?
Called “common-interest housing” condos, co-ops, flats, townhomes, and apartments have different meanings to different buyers and even have different colloquial meanings than the official real estate industry meanings. Below you'll find a breakdown of the differences between these housing types along with the advantages and disadvantages of each. What is “Common Interest Housing”? Before going too deep, it...
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Posted on 05/12/2019
5 Things to Consider When Buying Homes in the Suburbs
Are you planning to move away from the bustle and frenzy of a major commercial city and want to settle in some peaceful, serene environment? If you answered yes, purchasing a home in suburban neighborhoods is probably on your to-do list already. Buying a home is a substantial investment; therefore, it requires proper planning and careful considerations before...
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Posted on 03/11/2019
Features Every Buyer Looks Out For
With lots of homes out there and more foreclosed homes coming to the market, home sellers are always looking out for ways to expedite the home selling process. Statistics show that most homebuyers make their decisions in the first few minutes they get to a home. Consequently, experts advise home sellers to invest cash in remodeling their homes...
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