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Purchasing a new construction home is exciting – the home is brand new and you are the first and only owner. While a new construction home comes with a lot of perks, there are things you should know before purchasing a new build. Research the Builder Visit some of the other developments from the builder and talk to homeowners who have purchased their homes from this builder. Look online for reviews, news and testimonials to get a better feel for the builder to determine if th

It’s typical for home buyers to request a home inspection before closing on a house, but should sellers do the same? While a home inspection may bring up issues you didn’t know your home had, it is also an opportunity to address issues before a buyer negotiates a lower offer for your home or attempts to make you fix the issues before the home closes. Both of these options can result in lost time and money The Benefits of a Home Inspection to a Seller It Could Save You Money I

Real estate is a cutthroat market. That means in order to succeed in this competitive environment, you need to get a leg up on the competition. While your trusted real estate professional is key in marketing your home for sale, you can augment their efforts to maximize exposure, such as using a label maker to design a catchy ad you can either print out or share on social media. Also bear in mind that potential buyers are in search of their dream home, and statistics cited on

For the first time in 3 years, the Feds raise interest rates. With inflation at an all-time high, the Feds are attempting to slow the economy by raising the cost of borrowing. Some refer to it as ‘economic reverse engineering’ – I call it a Real Estate Roadblock. While ¼ of a percent doesn’t seem that much, they are talking about raising rates three more times – this year alone. So, what does all of this mean to us? To you? Homebuyers qualify for loans based on how much they

Active Listings Start to Trend Up in California: The total number of homes available for sale in California has been rising in 7 out of the past 8 weeks. There was still slightly less inventory on the market than there was one year ago, but last week marked the largest weekly increase in active listings since early January. Most of the increase was in homes priced over $1,000,000, but declines in active homes priced under $1 million has lost momentum in recent weeks so we may

Amazing Advantages of Buying a Home A house is made up of much more than four walls and a roof. It elicits a wide range of feelings and thoughts in us. For instance, it provides a sense of security for some, comfort for others, and a mark of social status and accomplishment for others. But there's also the other side to consider, it has something to do with numbers. Note that the financial side is significant, as purchasing a home is frequently the largest financial trans

After all the paperwork, researching listings, and finally choosing a home, it may feel like most of your work is done. However, first-time home buyers may be surprised to discover that the closing process—or “sealing the deal”—may take upwards of 40-50 days and include further financial investment. It’s important to account for closing costs and time before beginning the home-buying process, so you’re not caught off guard. Note that the closing process may vary, depending on

If you are wondering whether or not homeownership builds wealth, you can rest assured that a well-planned home purchase can do wonders for your family’s future financial stability. However, buying a home is a multifaceted decision and your individual situation can play a huge role in whether or not it is a good idea for you and your family to purchase real estate. So how can you decide if buying a home is the right decision for your family? The main thing to consider is how l

Nationally, the best time to sell a home is typically in the spring, at the beginning of May. Although this is a typically good time to sell for most homes, this can vary depending your housing market, the job growth in the area, tax incentives and mortgage rates. Here’s a quick breakdown of factors to consider for when the best time of year is to sell your house. Selling Your House in the Spring People tend to enter the market for a new home in the spring as the weather warm

Whether you are planning to stay in your house a long time or only a handful of years, it’s good to know which home renovations add the most value to your place. We all know that kitchens and bathrooms are popular targets for renovations, so let’s look at other areas of your home that are worth upgrading. Here are home renovations you’ll get your money back on: New Paint New paint gives any home a fresh look and changes the appearance from so-so to yes-yes. Wood should be rep

If you are tired of renting and are ready to make the transition into homeownership, one of the very first things you will need to do is obtain qualification for a mortgage loan. Buying your first home is an exciting experience, but it can be overwhelming with all of the paperwork and details you have to know in order to obtain a mortgage. Here is all that you need to know about qualifying for a mortgage loan. Down Payment Lenders traditionally like to have a down payment tha

The prospects of buying a home can be difficult for even the most seasoned home buyer. When you are entering the market for the first time, it can be a truly challenging experience with numerous factors to consider. To help you out, I’ve compiled a short list of questions all new homeowners should be asking themselves. 1. Are My Finances In Order? Knowing your credit score is important, but isn’t the complete story. Another step you’ll want to take is to look into a mortgage

Moving is supposed to be exiting, right? While there’s nothing like embarking on a new start, you will no doubt encounter a few bumps in the road. Here are six quick tips for making your relocation a smooth and successful process. Do Your Research Before you make the move, try to find out as much as possible about the city you are relocating to. From local businesses to restaurants and school districts. A quick search on the internet can offer loads of information. If you get

How Does Mold Removal Work and What Does It Cost? While nobody wants to find out that there is mold growing in their home, it is better to nip it in the bud as soon as you find out it is there. Putting off treatment can allow the mold to spread, resulting in a longer, more costly mold removal process. Fortunately, mold removal does not have to cost a small fortune. With a little bit of research, a few spare hours, and some advice from an experienced professional, you can trea

If you don't have a dedicated home office, you may find yourself wishing for a picture-perfect space to complete your daily tasks. Consider your garage as a blank template where you can design an ideal home office that's both cozy and functional. Before you begin this project, read through these five tips about converting this space. 1. Fully Clean and Insulate the Space Garages are notoriously cluttered and dirty. By changing how you think of your garage and reworking it to

The stress of packing up and moving to an entirely new city can feel overwhelming. While choosing a home in a new neighborhood can be nerve-racking, it is an inevitable part of your adventure. There's a lot at stake: The wrong decision can cost you money and peace of mind, but the right decisions can. It will take a combination of good choices, from finding a good agent to careful planning. Keep these in tips in mind the next time you are looking for a home in a new city: Emp

For certain borrowers, USDA loans and FHA loans are the best option for achieving their goal of becoming a homeowner. Both of these options have pros and cons to them, so you’ll want to fully understand the difference between the two in order to determine which option is the best for your situation. So, what is the difference between an FHA loan and a USDA loan? Let’s find out! FHA Loan FHA loans are supported by the Federal Housing Administration, an ability that they receiv

After a turbulent start to the year, California’s economy and housing market got a bit of a respite from the volatility. Rates held steady after big increases, the pandemic is finally showing signs of improvement, and the labor markets continue to give reason for cautious optimism. However, the Federal Reserve made announcements last week that will likely weigh on our clients and our industry moving forward as the outlook for rates deteriorates slightly from our original proj

Set the stage for potential homebuyers by staging your home with great décor and furniture to spruce up the space for potential buyers to fall in love with it. Before you ever bring in a professional photographer and before you begin marketing your home, make sure that you have prepared your home for buyers by staging it. Here are a few staging tips to help you get your home open house ready. Enhance Lighting Lighting is a game changer. It is a low-cost way to make any space