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 →
During the financial crisis in 2007 and 2008, millions of mortgage borrowers defaulted on their loans sending Wall Street and the mortgage industry into a nosedive. With billions of dollars in losses on the horizon, bankers and news anchors were touting the problems of adjustable rate mortgages and balloon payments. But are adjustable rate mortgages all bad? Not at all! Let’s take a look at when adjustable rate mortgages make sense. Continue reading →
If you are looking to buy a home, the season is upon on us! Spring and summer are the hottest times of the year to buy a home, and with the season nearly upon us open house signs are popping up across the country. If you are planning an open house visit, make sure to go into it with a game plan so you get the best result for your efforts. Continue reading →
Strolling through new model homes alone seems innocent enough but beware of the Sales Representative. They learn a lot through friendly small talk, comments between you and your spouse and body language. Remember, the home sales representative works for the builder to protect his interest.. NOT yours. A Buyer’s agent can buffer the tactical questioning while preventing costly mistakes unforeseen by many buyers. Buyer’s receive free representation no matter if it’s a new build or a pre-existing home. Continue reading →
Are you an avid fan of HGTV? Does the season of spring cleaning elicit more excitement than annoyance? Forget Disneyland, is Home Depot the happiest place on earth for you?
If so, then you are likely a do-it-yourselfer. You have that innate knack for spotting a diamond in the rough. You see potential in everything and anything, as each object or opportunity you encounter becomes a canvas for your inner artist and craftsman. Always making this or doing that, there’s no project that doesn’t intimidate you. Continue reading →
Did you think your dating days were behind you? Think again. Buying real estate is just like dating. From courting to making a long-term commitment, your adventures in dating have many similarities to searching for and buying a home. By applying what you learned dating to your next real estate search, you can enjoy a more pleasant house hunting experience. Continue reading →
Buying a home is an exciting time and process, but knowing how much you can afford to spend is not always easy. Calculating how much home you can afford before you start looking helps you to understand your budget, how to create your wants and needs list, and what neighborhoods you should consider calling home. Continue reading →
For many people, the holiday season is “the most wonderful time of the year” filled with laughter and cheer. For others, it is tense with stresses such as family obligations, crowded malls, and decorating. Continue reading →