Buying a home should not be a hasty decision. It is a fast-paced, hectic, and overwhelming process. You need the home inspected thoroughly and you have an opportunity to consider several things before making your purchase if your state allows option periods.
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Most people require a mortgage when buying a home. However, it is not always easy to understand what you can afford or what you are paying for. A mortgage calculator is a vital tool that can help home buyers estimate their mortgage payments.
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Taking the first step onto the property ladder is always an exciting time, and when it comes to buying a home, it is usually the biggest purchase someone will make in their life.
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It’s a widely accepted fact that moving is one of the most stressful things that we will ever do in our lifetime. This is especially the case if you are a homeowner and you are buying or selling a property, particularly if it is the first time.
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When the Covid-19 pandemic struck, it threw the housing market into a wild state. Many people were afraid or unable to move. Others lost their jobs. The pandemic made a huge impact on the housing market. Today, life is beginning to regain some sense of normalcy. However, certain factors will continue to affect home prices, the real estate market in general, and buyer behavior.
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Thinking about selling your home? With lots of different properties always coming onto the market, you’ll want to make sure that your home has the features needed to attract buyers and secure high offers. Fortunately, there are some home features that are particularly popular and which, if implemented, could boost your property’s appeal.
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A home appraisal is a professional estimate of the true market value of a home. It’s always conducted by an unbiased licensed or certified professional ahead of a mortgage being secured against a home for sale. They aren’t interested in the size or features of the property, only that it is worth as much as your buyer wants to borrow! If not, they won’t be able to close on your house and this could put your property back at the start of the selling game.
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The American Real Estate Society is aware of the difficulty that the pandemic has brought to the real estate market. Despite the challenges, the industry remains adaptive. Technology has stepped in to keep real estate alive. Before the COVID-19 pandemic, the real estate industry hesitated to adopt technological advancements. Now, there is a positive transformation taking place since you can now close a home digitally. Here’s what you should know regarding the use of technology in closing a home.
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When a residential property suddenly becomes attractive in the market, the seller and buyers tend to be surrounded by bids. This is a common occurrence with dated properties. The American Real Estate College states that myriad offers can surface for just one prospective home. It’s common for property owners to be overwhelmed by numerous proposals. For homebuyers, bidding against each other can be stressful and frustrating. Here’s what you should consider in case you want to understand how to deal with multiple home offers and bidding wars.
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Here are our top tips for attracting millennial homebuyers and getting them to consider buying your property.
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