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...
Market Trends
51 Critical Things Buyers Need To Understand About Short Sales
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...
How Many Bathrooms Do You Need?
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...
How to Fail in a Bidding War
What does it mean to fail at a bidding war? If you enter a bidding war, and someone else gets the property, it might be a failure. It might not. Three ways to fail at a bidding war: Pay more for a property than its market value. And choose a property that does not...
Beware of Competition
The hardest part of the spring 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 these...
Navigating a Competitive Housing Market
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...
Why is the Price of that House So Low?
Suppose you see a house that seems like a great deal. If it is too-good-to-be-true, it is time to figure out if it really is true. The house is listed on your local multiple listing service, or Zillow, or Realtor.com for much less than other houses of its size...
Tips for Buyers in the Spring Market
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...
The Latest Trends in Smart Home Technology
In the ever-evolving landscape of real estate, one of the most significant game-changers in recent years has been the integration of smart home technology. What once seemed like futuristic concepts from science fiction are now becoming standard features, transforming...
Unlocking Opportunities: A Guide to Investing in Vacation Homes
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...
The Pros and Cons of New Construction Homes
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...
The Commission System and Buyer Agency
The National Association of Exclusive Buyer Agents supports the Multiple Listing Service because it offers up-to-date property information for home buyers. Good information helps buyers make informed decisions. Widely available information levels the playing field so...