When selling your home, at some point the question of financial concessions will arise.
When selling your home, at some point the question of financial concessions will arise. These may be credits for closing costs, repairs, buyer’s agent commissions or upgrades and these incentives may improve your ability to sell the home, especially if the home is not in turn-key condition. Yet these do reduce the profit from your sale, so before you make the decision, consider your options.
Don't Wait: Why Home Buyers Shouldn't Stall for Lower Interest Rates
In the realm of real estate, timing is often a pivotal factor for prospective homebuyers. The anticipation of lower interest rates can be enticing, prompting many to delay their purchasing decisions. However, there's a lesser-known truth that awaits those who procrastinate: the perils of increased competition and diminished inventory.
What to Expect From a Listing Agent
Hiring a listing agent isn't just about placing a lockbox and sign; they're your advocate, guiding you through negotiations, working behind the scenes, and ensuring a smooth, profitable transaction.
How to Use Comps to Price Your Home Correctly
The most important aspect of listing your home for sale is the asking price. Unlike many other items we purchase, home prices are based on what a willing and able buyer would pay for the property. Sounds complicated, right? This is why real estate agents bring comps (short for comparable properties) information with them to the discussion. Yet are you using the right comps to successfully sell your home?
Homeownership Is a Great Hedge Against Inflation
Over the past couple of months, the news of rising inflation is fueling concern across the country. Currently, inflation is at a 40-year high. This is impacting household budgets the most as families try to make ends meet with less buying power. For potential home buyers, rising interest rates may cause worry that you will not be able to afford the home you want.
While these are all valid concerns, for those that are still able to finance a home, homeownership is one of the best hedges against inflation and may be worth stretching your budget to do so.
Kitchen Remodel, Do’s/Don’ts
Kitchen remodels are the most popular project among homeowners. Who hasn’t dreamed of the perfect kitchen? …