Category: Buyer
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Prices & Rates
Housing prices and interest rates aren’t going back down! Mortgage rates surged to the highest level in two years, leaving homebuyers on high alert as further increases loom. Things aren’t going back down. Now is the time to buy! 30 year fixed mortgage The rate on the 30 year fixed mortgage – the most common…
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Closing Facts
5 Closing Facts for Home Purchases What is closing? Closing is the legal transfer of property ownership, also called settlement. Who attends closing? In most states, closings are in person, although remote closings are becoming more common. The participants may include you and your agent, the seller and their agent, and each party’s attorney. Where…
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Home Value
Avoid these renovations that can hurt your home’s value What seems like an upgrade to you now may turn potential future buyers off. People purchase and move into new homes for many reasons. It’s one thing if the idea is to stay in a house for the rest of your life, but if you think…
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Investors
In a tough home-sales market, investors are winning Rising prices and shrinking inventory have made it difficult to bid successfully on a home. This is frustrating for home buyers. Why? During the third quarter of 2021, investors bought more than 18 percent of the homes sold in the United States. That equates to 90,000 homes…
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Winterize Home
Winter is coming with cold weather, snow and ice which can cause havoc on your house and property. It is necessary to prepare your house for winter. There are a number of steps you can take to winterize your home. Insurance Policy Review you home insurance policy to make sure you are sufficiently protected from…
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Sellers Have Leverage
Sellers Have Incredible Leverage in Today’s Market With mortgage rates climbing above 3% for the first time in months, serious buyers are more motivated than ever to find a home before the end of the year. “Housing demand remains strong as buyers likely want to secure a home before mortgage rates increase even further next…
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Sellers Win
When Housing Inventory is Low Sellers Win! In today’s housing market, the number of homes for sale is much lower than the strong buyer demand. As a result, homeowners ready to sell have a significant advantage. Here are three ways today’s low inventory will set you up for a win when you sell this season.…
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Does your House have what buyers want?
Remote work is here to stay. Many companies are choosing to delay reopening or go remote full-time, and today’s buyers are looking for homes with more space to support their work needs. Among employees looking for new jobs, almost one in ten say it’s because they moved away from the office while working remotely and…
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If you’re a Buyer, Is Offering Asking Price Enough?
In today’s real estate market, buyers shouldn’t shop for a home with the expectation they will be able to negotiate a lower sales price. In a typical housing market, buyers try to determine how much less than the asking price they can offer and still get the home. From there, the buyer and seller typically…