A foreclosed property is one where the owner has been unable to meet monthly mortgages payments and the property is now owned by the bank. A foreclosed home is also referred to as an REO, or a Real Estate Owned property. Although some REOs may be vacant or need repairs, they frequently look just like […]
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A real estate agent is a professional in a field where most buyers and sellers are novices. This is very likely the largest single purchase you will ever make. After all, how often do you drop a quarter of a million dollars or more on a shopping spree? Home buying and selling is full of […]
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Purchasing a home involves a lot of money, many steps, and many documents. Because the transaction is complex, buyers and sellers do not exchange money directly with each other, but through a neutral third party in an escrow account. The escrow period begins when the seller accepts the buyer’s offer and the buyer puts down […]
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Take a fresh look at your house. It looks great to you, but you have to look through the eyes of potential buyers. They need to be able to picture themselves in your house. Take a good, hard look both inside and out. Be critical because your buyer will be. It is essential to have […]
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It is tempting to determine the asking price of your home by figuring what you originally paid for it, adding the cost of improvements plus a healthy profit, and then put it on the market. This is a rookie mistake, however, and can cost you a lot of time and money. It is essential that […]
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Some sellers hesitate to stage their home because they think it’s too much work or it’s too expensive or they really like their own decorating. So, why should you stage your home before your list it? In brief, it will help you sell it faster and for a better price. Having your home on the […]
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