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How to Bridge the Appraisal Gap in Today’s Real Estate Market
If you’re searching for drama, don’t limit yourself to Netflix. Instead, tune in to the real estate market, where the competition among buyers has never been fiercer. With homes selling for record highs,1 the appraisal process—historically a standard part of a home purchase—is receiving more attention than ever. That’s because some ...
Continue ReadingReasons to Consider Making a Move
When is it a good time to sell your property and buy another home? Whenever there’s a good reason to do so! There are many things that may motivate you to consider making a move. For example: Your current home no longer meets your needs. You may have more space than you ...
Continue ReadingBe a Savvy Home Viewer
The last thing you want to experience after purchasing a home is “buyer’s regret”. That’s the sinking feeling you get when you realize, days or weeks later, that you may have made the wrong decision. Say, for example, you bought a home based on your first impressions. When you viewed it, ...
Continue ReadingCould Rising Home Prices Impact Your Net Worth?
Learn how to determine your current net worth and how an investment in real estate can help improve your bottom line. Among its many impacts, COVID-19 has had a pronounced effect on the housing market. Low home inventory and high buyer demand have driven home prices to an all-time high.1 This ...
Continue ReadingWhat’s Great About your Community?
When potential buyers view your home, they are just as interested in the surrounding area as they are in the property itself. So, before listing your home on the market, it makes sense to think about your community and its key characteristics. Here’s a good way to do that: Imagine a relative ...
Continue ReadingThe Problem with “Stuff”
The late comedian George Carlin used to have a routine called, “A place for my stuff.” He was referring to the idea that, besides being a place to sleep and eat, the purpose of a home is essentially to store all the stuff you accumulate over the years. That may or ...
Continue ReadingWhat’s Memorable about your Home?
Chances are, there is a characteristic of your property that everyone remembers, appreciates, and maybe even envies. It could be a spacious kitchen with an island and upgraded appliances… or a stunning backyard with a wrap-around deck and beautiful landscaping… or rustic hardwood floors that contrast with elegant, high-end ceramics. Whatever ...
Continue ReadingWhat Happens when you Make an Offer?
If you want to buy a new washing machine, you simply go into a retail store and pay the listed price. Pretty simple. However, it doesn’t work quite that way when it comes to real estate. Although a home will usually have a “listed price”, you must make an “offer” for ...
Continue ReadingIs Your Home in “Move-In” Condition?
When buyers view your home, they ask themselves whether they like it. Assuming that the answer is “yes”, they try to determine how much work would be required before they could move in. It’s not uncommon for a buyer to be interested in a property but be turned off by the ...
Continue ReadingHow Much Can you Afford?
Why is it so important to know how much you can afford to spend on a home? Two reasons. First, you don’t want to buy a property and then find out, after you’ve moved in, that you can’t financially maintain it. That would mean having to resell it under stressful conditions. Second, you ...
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