Real Estate News
Closing Costs
There are fees and expenses associated with mortgages that must be paid by the closing date for closing costs, and pre-paid items, in addition to the down payment. These amounts can vary according to the type of loan, mortgage company, customary practices of the area, Continue Reading
Home Inspections & What to Expect
Inspections are intended to identify non-working items or issues, not meant to be a list of repairs the seller is expected to make before closing. Continue Reading
Home Warranties Improve Marketability
Home warranties provide an added level of "peace of mind" for the buyer during this period of lower sales and affordability issues Continue Reading
Previous insurance claims could affect the premiums on your new home
A CLUE report can identify insurance claims on a home to discover whether repairs were done properly. Continue Reading
Unlikely home prices will crash
There are significant differences between what caused the housing crisis before and currently which make it unlikely for home price to crash. Continue Reading
Concessions Make Your Home More Marketable
Sellers offer concessions as an incentive to encourage buyers to purchase their home. The concessions, paid for by the seller, benefit the buyer in ways that may be more appealing than possibly, being able to purchase the home for a lower price. In some situations, Continue Reading