For many home buyers and sellers, escrow is an unfamiliar term that’s often confused with closing. While an escrow agent is involved in the closing of a real estate transaction, escrow itself is the process where an impartial third party ho...
Buying a house is the biggest purchase most people will ever make, and securing a mortgage is a huge financial commitment. In a time when foreclosures run rampant, understanding your financing options and making a responsible choice can make all ...
If your house has been on the market for several weeks and still hasn’ t yielded an offer, you may wonder if it’ s time to lower your price. While overpricing is the number one reason homes fail to sell, if your asking price was based...
Some people are born hagglers, but for many, negotiating can cause anxiety – which can be heightened when you’re dealing offers on your home. On one hand, you want your property to sell quickly, but you don’t want to compromise ...
When you’re selling your home, waiting for your first offer can be agonizing. When it finally comes in, you may be tempted to accept it on the spot – especially if it matches your asking price. However, before you consider an offer to...
#1 Setting the price too high. Not only will you get fewer offers, but buyers may think something is wrong with your property when you lower your price. Get an appraisal or do a Comparative Market Appraisal (CMA), then set your asking price accor...
A sell sheet is an important marketing tool for selling your own home. Whether yours is clever and creative or simple and straightforward, make sure it includes these 10 key details for ultimate effectiveness.
#1 Check your credit. Correct any errors, try to repair any damage, and establish two years of reliable payment history before you apply for a mortgage.
#2 Save. Plan for your down payment, closing fees, attorney fees, and other expens...
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