What You Need to Know About Home Appraisals
Quick answer: If your home appraisal comes in low, you have options: renegotiate the price, bring additional cash to closing, request a second appraisal, or exercise your appraisal contingency and […]
How Home Affordability Impacts Buying, Selling and Renting Trends
In our previous article, we talked about the effects of high mortgage rates on the real estate market. [Click here to read the full article.] We touched on the subject […]
Which Real Estate Documents Should I Keep (and for How Long)?
Quick answer: Keep your closing statement, deed, title insurance policy, and mortgage payoff documents permanently. Tax-related records like your settlement statement, capital improvement receipts, and 1099-S should be kept for […]
How to Pay Off Your Mortgage Early
Having a mortgage is a big part of being a homeowner for most Americans. Getting a home loan is the only way most of us can afford to purchase a […]
Why Ethics Matter in Real Estate
We are in a very interesting time right now as the real estate market presents more challenges for home buyers, home sellers, and the real estate agents helping coordinate transactions. […]
How to Improve Your Credit Score
Quick answer: Most conventional mortgages require a minimum credit score of 620. FHA loans may accept scores as low as 580 (or 500 with a larger down payment). But “minimum” […]
The State of Real Estate—Housing Market 2022
There are a lot of questions in the real estate market right now. Is the market crashing because of inflation and high mortgage rates? Why are mortgage rates so high […]
Home Appraisal 101—The Questions You Need to Ask
If you are buying a home with a mortgage loan, a home appraisal will be required by your lender. The appraisal is performed as a way to protect both you […]
What Does an Economy with Inflation Mean?
We’ve been talking to many clients about inflation lately. They keep hearing about it on the news. It’s surprising how few—especially those under the age of 50—really know what inflation […]
What Home Buyers Need to Know in this Fast-Moving Seller’s Market
It is an interesting time for home buyers during this condensed summer market. Being quarantined at home for a couple months forced a lot of homeowners and renters to rethink […]