As we get older we need to consider where we want to ‘age in place’. Remaining in our home may be just too much to handle, especially if it’s too large or in need of repairs. A large two story home certainly doesn’t meet our needs any longer. We question ourselves if we should sell and downsize to smaller home or invest our equity and just lease. Or, would it be better to hire someone to make modifications in order to remain where we are. Continue reading
When I sold my home in Portland, it was not the easiest home sale experience. It was not due to my agent, who had decades of experience in the Portland market, it was due to two inexperienced buyers agents. Read on to find out what happened, and how you can respond when a low quality agent throws a wrench in your real estate plans. Continue reading
Think commission is the only reason a homeowner sells FSBO? Not Always!
Most FSBO’s just want to save money and not pay the normal commission to list their home through a Realtor. This article is a warning to homebuyers of unscrupulous reasons some other homeowners sell FSBO. I would have not known this homeowners intent had we not met face to face. She had no intention of being truthful to potential Buyer. She refused to complete the Seller’s Disclosure Notice and went FSBO instead. Continue reading
Buying a home is no walk in the park. Even after working with the help of a great real estate agent, you still have to deal with the financial side of buying a home. Unless you are in a position to buy the home outright with an all cash offer, you can take steps ahead of time to prepare and make the home buying process as easy as possible. Getting your finances is order is not too difficult, but can take time. Here are the steps you should follow to prepare for making an offer on a new home. Continue reading
Buying a home is a big deal, and when you start on your house hunt you’ll likely find plenty of advice waiting for you. Whether it is a friend or relative, be on the lookout for bad advice. Some of the worst advice could ruin your purchase, your finances, or worse. Continue reading
In the old days, buying a home was much simpler. You went to the house, checked it out, and made an offer. But these days, getting a new home is a family affair. You might have parents, in-laws, or siblings across the country who want to help and share an opinion. Maybe you have a friend or two whose opinions you value. Or maybe you have a spouse and want to tag team the search process. However you want to collaborate, the new Collections app from Compass makes it easier! Continue reading
If you love the feeling of a home full of life, fun, and friendship, your next home should be ideal for entertaining. If you are looking to buy a new home and have entertainment on the mind, don’t settle for anything less than a home that meets your needs. With the right agent, your dream entertainment venue is just around the corner. Continue reading
The standard rate in real estate is a 3 percent commission for the buyer’s agent and a 3 percent commission for the seller’s agent. But are those Realtor fees negotiable? Like almost anything else in life, the answer is a big yes. But if you want a break on fees, you need to bring something to the table yourself to show why you should get a cut. Continue reading
The world of mortgage loans can be complex. There are conforming loans and jumbo loans and VA loans and HUD loans and many more varieties, but within those categories you can choose between several mortgage lengths. Two of the most popular mortgages are 15-year and 30-year fixed rate mortgages. To find out which is best for you, follow along with this guide. Continue reading
Sellers today, more so than ever before, are not only using video recorders to ensure nothing gets stolen during a showing, but they’re also listening to Buyer’s comments made while inside viewing the Seller’s home. Those comments can sabotage negotiations even before the Buyer’s offer is submitted.
Have you ever wondered why they accepted another buyer’s offer, over your own? Maybe the other offer was higher, the other buyer offered terms more favorable to yours, or they were a stronger Buyer with a substantial down payment. Or maybe not. It could have been because you said something to make the seller not want to sell you the house. Continue reading