Buyers with good credit can purchase homes with a relatively small down payment, lower monthly mortgage, and low-interest rates compared to conventional mortgages through loans insured by the Federal Housing Administration (FHA). In fact, the FHA only requires as little as a 3.5 percent down pay

More millennials are pursuing homeownership now than ever before, according to the 2019 Home Buyers and Sellers Generational Trends Report by the National Association of REALTORS®. They continue to be the largest generational group of buyers at 26 percent. Also, they now represent 42 percent of

When it comes to selling your home, it is your duty to disclose things that could be harmful to the future homeowners, such as the presence of asbestos or lead paint in the property, pest infestations, and even mold. However, there are certain facts that sellers should never slip to buyers, espe

Planning to sell your home this year? You're probably feeling both anxious and excited about it. After all, it is where you’ve spent wonderful years building your family and your dreams, all of which bear unforgettable memories. But if you’ve already come up with the painful decision to list you

One thing that makes a real estate transaction so confusing is the issue of what stays with the house and become the new owner's, and what goes with the seller once they move out of the property. Oftentimes, sellers believe that if it’s something that they have installed in the home and spent mo

When you put your home on the market, the one aspect that usually comes to mind is profit. Without a doubt, every seller's main goal is to sell their home for the best possible price. However, in an effort to get the best deal possible, many sellers fall prey to myths about home pricing that don

For starters, what exactly is “as is home”? Selling a home “as is” means sellers put up their homes on the market without doing any repairs to improve its current condition. Rather than putting tons of money, time, and effort to fix the issues in their home, they put it up for l

Putting on a fresh coat of paint is one of the simplest and cheapest ways to transform the look of a home. However, with the endless colors and shades to choose from, deciding on a paint color can be the most difficult part. In 2019, we bid farewell to Ultra Violet and say hello to Living Coral

We love our pets, there's no doubt about it. They’re a part of our family, of our home. However, once you’ve put your house on the market, you need to understand that not all potential buyers would want to see your pets while they are touring your property. In fact, seeing your pets or any evide

A home renovation is a great way to add value and satisfaction to your beloved abode. After all, who doesn't love stepping into a new room, a finished basement, or a renovated bathroom? However, before "undertaking any of the character-building, heavy-lifting labor" there’s the time-consuming an

Why do home sales fall through? Why is it that sometimes, the buyer or the seller walk away from a home sale, causing it to fall apart and for the home to return to the market? Let's rewind: You’ve put your home on the market and have been doing everything to prepare your home f

As a homeowner, there's an f-word that is avoided as much as possible. Even though we don’t want to say it we have to talk about it. Why? Because like most problems, that’s how it’s handled. So say it with us, foreclosure. Most of the time, when people find out that their dream house is facing f

Ah, spring! When the trees blossom, the lovely tulips and daffodils bloom, and everyone's mood brightens. But aside from our daily dose of sunshine during spring, we also see the high season for real estate. As the temperature rises, the housing market starts to heat up.  Even in areas where the

A short sale transaction is different from the usual home buying process. It involves more waiting time, and more leg work for your agent. Due to the rise of short sale properties on the market, training companies see it as an opportunity to train agents specifically in this area, giving them ce

During the spring and summer months, bidding wars are rampant, there's fierce competition, and a large pool of buyers are looking to move before the school year begins. But in winter, especially in colder climates when everything is covered in snow, sellers and buyers alike can

  There are several misconceptions that you might fall trap to when it comes to selling property. If you're planning to put your house in the market, make sure that you don’t make the following mistakes. Misconception #1: Organizing multiple open houses will surely brin

BuyerSeller September 30, 2018 The biggest mistake that both home buyers and sellers could make is skipping or waiving the home inspection due to various reasons, like during a bidding war. And while a home inspection contingency clause is almost always included in a purchase co

Whether you are a homeowner planning a major remodel or a seller preparing to put their home on the market, an important factor you have to consider is the products and materials you will use. This time, why not try to become more environmentally conscious when remodeling your home? You can inc

Whether you're planning to buy a home or sell your current one with the help of a real estate agent, it is important for you to understand what commissions are and who pays for them. A real estate commission is a fee typically paid by the seller for the services of bo

Remodeling a bathroom is nothing like a piece of cake or a walk in the park because it's an essential part of the house that involves complicated plumbing. You have to make sure that the new fixtures you choose will not only fit the design but also the bathroom’s layout. You also need to measure