The Short-Sale Process: When You Want To Buy A Home Offered For Short Sale
When you find a home that you love, you may be told that it is for sale under a short sale. This means that the property is being sold for less than what the homeowner currently owes on their existing mortgage. Lenders have the final say on the acceptance of the offer, and the process of buying a home under a short sale can take longer than a traditional purchase. The seller is trying to utilize the short-sale process to avoid going into bankruptcy or because they can no longer pay their monthly mortgage.
Want To Retire To A 55+ Community? Consider These 2 Financial Factors First
Active adult communities that are restricted to those 55 or older can be a great choice for retiring adults. You get a place to live, plus a ready-made community and access to amenities that you would otherwise have to pay extra for. However, making the move to a 55+ community is a big decision that will have a significant impact on your finances, and there are some important things that you should consider when you're choosing the location and community that's right for you.
3 Questions To Ask Before Buying A Fixer Upper
Buying a fixer upper is one way to save on a home. However, a fixer upper comes with its own set of problems that you should factor into your decision. If you are thinking of buying a fixer upper, here are some questions to ask yourself first. Is the Home in a Historically Protected Neighborhood? Homes that are in a historically protected neighborhood have special requirements that could make the process of renovating them costlier and lengthier than a non-protected home.
3 Steps To Take If You Are Buying A Fixer-Upper
If you are really handy with home improvements and repairs, you might be considering buying a fixer-upper home. This type of home is great for people that can do a lot of the work themselves; however, it is very important for you to really evaluate the condition of a fixer-upper before you sign the contract to buy it. Here are three vital things to know if you are considering buying a house that needs a lot of work.
Things To Consider When Selling Your Home
Selling your home can be a very important process for you and your family. There are a few things that can really affect how and if your home sells. There are some things that are completely out of your control like the housing market. You can't control the market and you sometimes can't control when you have to sell your home. It is best to sell at the right time, but sometimes that is just not possible.
Upgrades That Really Count When It Comes To Home Sales
When it comes time to put your home on the market, it just makes sense to put yourself in your potential buyer's shoes. Knowing what buyers are looking for will assist you in evaluating those potential upgrade projects so that you will get the most bang for your buck. Some things matter more than others, so read on to learn what to focus on when upgrading your home for sale.
Four Inexpensive Ways To Increase Your Home Value
When selling your home, it only makes sense that you want to get as much as possible. Updates like a new roof, new furnace, and modernized kitchen will certainly increase your home value, but the problem with these improvements is that they're also expensive to make. Thankfully, there are a few ways you can increase your home value without losing your whole paycheck. Clean your windows. Cleaning your windows will go a long way towards making your whole home look a lot cleaner.
Should You Keep Renting Or Start Buying?
The decision of when to start looking to buy a house is one that many renters contemplate for a long time before they decide to buy. Here are some questions that you can ask yourself if you are still undecided. How Long Do You Plan to Stay? First of all, how long do you plan to stay in your new home? Is the surrounding area one that you can see yourself in in ten years?
What Factors Matter When Choosing Beachfront Real Estate?
Not all beachfront property is created equally. Most are decent investments, but some stand out from the pack as offering great value and plenty of amenities to owners. Here are some of the factors that go into choosing great beachfront homes for sale. Local Laws and Environmental Protection The local scene can change both the responsibilities and opportunities for homeowners with beachfront property. It helps to investigate the local environmental protection laws and see how well the community rallies around protecting local waters.
Staging too Expensive? Prepare Your Home For Buyers With These Low-Cost Tips
Staging is a great way to make a home seem more appealing a find a buyer quickly. In wealthier areas, it's almost considered a necessity if you want to sell a home. However, hiring a staging team can be pretty costly. If you're on a tight budget and want to sell your home quickly, there are a few things you can do -- short of hiring a professional stager -- to "