Category: Real Estate Tips
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8 Worst First-Time Home Buyer Mistakes 2010
This very current article by Amy Fontinelle describes eight mistakes commonly made by first time home buyers: Aug 3, 2010 Are you gearing up to buy your first place? Shopping for a home is exciting, exhausting and a little bit scary. In the end, your aim is to end up with a home you love at a…
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Why Smart Homebuyers Hire Home Inspectors
From our hero, Dave Ramsey: Home inspections are an indispensable part of the home-buying process. Buying a home without one is the same as buying a car without even kicking the tires. Any good real estate agent will recommend you include a home inspection clause when you make an offer on a house. That usually…
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Easy Ways to Increase Home Value
Courtesy of our hero, Dave Ramsey: Set yourself up to reap the most value when you sell When it comes time to sell your house, one of the worst mistakes you can make is to think your home’s appearance won’t affect its value. Take some time to spruce it up so you can sell it…
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A Wish List for a Dream Home
by Carla Hill Your real estate agent may not be your fairy godmother, but they have powers to grant you many of your home buying wishes. Your first step in finding your dream home? You must develop a strong image in your mind, and a sound list for your agent, of what you want of…
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Choosing the Right Loan Program
Those who take property ownership seriously often look for options to build equity at a faster pace. An aggressive approach is to select a 15-year loan program over a 30-year mortgage. A 15-year loan works well for home buyers budgeting time and money, those who are possibly looking forward to a debt-free retirement, or those…
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High Credit Score = Low Mortgage Rate
Credit scoring was developed in the 1960’s as a means to determine whether or not consumers were likely to repay their loans. The score ranges from 350 to 850 with a higher score being extremely favorable. Essentially, a high credit score translates into lower interest rates for the borrower. There are five factors that comprise…
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Pre-Qualification Verus Pre-Approval
Pre-qualification is the first step in obtaining mortgage financing. A potential borrower answers a few questions to provide the loan consultant with a quick snapshot of the borrower’s income, existing debt, accumulated savings and whether or not there is a co-borrower. Signature(s) allow the loan consultant to run a credit report and begin to determine…
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Staging Your Home To Sell Fast
30 Can’t-Miss Staging Tips To Sell Your Home Fast – Arcara Residential wants to share some staging tips, from Designed to Sell designer Lisa LaPorta: Grimy bathroom walls are a major red flag to buyers. Here is an easy way to get rid of surface mold: Mix a spray bottle with one part water and…
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Pricing Your Home to Sell
Pricing decisions should be grounded in reality -By Marcie Geffner. When the time comes to price your home for sale, you may be tempted to start with the price you paid for it, add a healthy markup and call it a day. Unfortunately, that strategy is unlikely to result in a true reflection of your…