Getting a pre-approval will help a buyer get their offer accepted. It’s simple; the seller wants to know that the buyer’s mortgage will close on time. That means a house hunter needs to have their pre-approval in hand when they begin house hunting. Murphy’s Law...
A pre-approval is a letter from a lender. It states that the lender will give this borrower a mortgage for up to the amount on the letter. A pre-approval states that earnings and debt and credit history have been reviewed and approved. A pre-approval benefits both...
Short sales are often promoted as an easy way to buy a property at under-market value. That certainly works sometimes, but the majority of the short sale transactions present a very different reality to buyers. This report will help buyers objectively evaluate short...
NAEBA asked Jon Boyd, Past President of NAEBA and long-time real estate broker serving only buyers, what he would advise consumers to do if they plan to buy a home in 2024. Jon indicated that it starts with the team – you, your buyer’s agent and the others who...
Indoor plumbing has been a thing for a long time now. If you read about housing in the early 20th century, you will read about apartment buildings with one bathroom shared with several households. That is mostly unheard of now. Before 1980, many single family houses...
The hardest part of the spring housing market is that there are more buyers in the marketplace. There are also more houses and condos for sale. You are more likely to find yourself making an offer when another buyer is making an offer on the same property. People call...
Throughout America, there is higher real estate activity in the spring, summer, and fall. Generally, people do not choose to sell their houses in the late fall and winter. Homeowners would rather not be showing their houses during times that will interfere with...
In real estate, luxury properties offer grandeur and exclusivity to those seeking opulence and high-end living. For a discerning home buyer, navigating the luxury real estate market requires more than just financial resources; it demands sagacity, meticulous research,...
Acquiring the home of your dreams is an exhilarating experience, but this joy can turn into dismay when the specter of foreclosure looms six years later due to seemingly minor oversights, such as unpaid taxes. A homeowner in D.C. found themselves ensnared in this...
In recent years, there has been a notable increase in the popularity of vacation rental investment properties. The surge in demand for vacation homes and local getaways, driven partly by prior travel restrictions during the pandemic, created an opportune moment for...
In the ever-evolving world of real estate, consumers are faced with a crucial decision when searching for their dream home—should they opt for the charm of an established property or embrace the allure of a brand-new construction? Given the frenzy of new home...
Buying a home in a historic city comes with many perks, and a few risks as well. Whether it's the founding of America in cities like Boston and Philadelphia or the Wild West in San Antonio and Santa Fe, there is a city that fits every type of search for a blast from...