A foreclosed property is one where the owner has been unable to meet monthly mortgages payments and the property is now owned by the bank. A foreclosed home is also referred to as an REO, or a Real Estate Owned property. About Foreclosed Properties Although some REOs may be vacant or need repairs, they frequently […]
A real estate agent is a professional in a field where most buyers and sellers are novices. This is very likely the largest single purchase you will ever make. After all, how often do you drop a quarter of a million dollars or more on a shopping spree? Home buying and selling is full of […]
Purchasing a home involves a lot of money, steps, and documents. Because the transaction is complex, buyers and sellers do not exchange money directly with each other. Instead they do this through a neutral third party in an escrow account. An Introduction to Escrow The Escrow Period The escrow period begins when the seller accepts […]
Take a fresh look at your house. The quickest way to know how to sell your house is to look at it through the eyes of potential buyers. They need to be able to picture themselves in your house. Take a good, hard look both inside and out. Be critical because your buyer will be. […]
Home prices can seem like a mystery when you go to pick an asking price for your home. It is tempting to determine the asking price by figuring what you originally paid for it, adding the cost of improvements plus a healthy profit, and then put it on the market. This is a rookie mistake, […]
Sellers hesitate to stage their home for many reasons. They think it’s too much work. They think that it’s too expensive. Sometimes they just really like their own decorating. So why will home staging give you an advantage? The Benefits of Home Staging In brief, staging a home for sale will help you sell it […]
