Appraisal – An opinion of value based upon of factual analysis. Appraisal Methods – Generally, there major methods – Cost approach, Income approach, Market Value (comparables) approach. Appreciation – An increase in value of real estate. Assumption of Mortgage – The taking of title to property by a grantee, wherein he or she assumes liability…
DetailsMarketing your home is important to get the best possible price. We want to get as many buyers to the door to look at your home. How we do this, is we give the house as much exposure as possible using a number of marketing tools. The more tools you use as a homeowner to market your…
DetailsRule # 1 Don’t let the selling process scare you. Rule # 2 Get representation – You need someone on your side Rule # 3 Get educated. Ask lots of questions Follow these steps with the help of your real estate agent: Before the sale – Marketing Meet your agent at your home to preview…
DetailsAn open house is your chance to show home buyers exactly what they will get when purchasing your property. It is your chance to show off. Remember that first impressions are vital in the home selling process, so it is important to go through your property to make sure you create exactly the impression you…
DetailsClosing costs, or the fees associated with buying and selling real estate property, can be divided into three basic categories; lender fees, prepaid and settlement costs. Lender fees may include points, appraisal, credit reporting, underwriting, settlement and tax service fees. Prepaid fees may include interim interest, real estate taxes and escrow, and insurance premiums and…
DetailsBetween understanding your market, pricing your home, marketing, negotiating a contract, and a host of other difficulties, home selling can seem like a difficult and complex task. This is where a good real estate agent comes in. A good real estate professional can make the home selling process easy and enjoyable. The pages in this…
DetailsWhen making the decision to buy a home, it is important to take advantage of every tool available. Real estate transactions can be complex and frustrating, but with the help of a strong agent, you will have a much easier time finding the home of your dreams. A strong agent knows the market, can prepare…
DetailsImagine finding the property of your dreams, only to have your loan application denied. Countless hours spent searching, not to mention your emotional investment, all wasted. This can be an incredibly disheartening experience. To prevent this from happening, the first thing your real estate agent will have you do is get pre-approved. Pre-approval lets you…
DetailsIt’s no secret that every penny you spend on rent disappears into your landlord’s pocket. Rental payments are also subject to periodic increases. Even in the best of circumstances, you have nothing long-term to show for your efforts. Take advantage of the opportunity to become your own landlord! Homeownership offers numerous advantages. Tax benefits (through…
DetailsThe Buying Process RULE #1 Don’t Let the Buying Process Scare You RULE #2 Get Representation. You need someone on your side. RULE #3 Educate Yourself. Ask lots of questions. Follow these steps with the help of your licensed real estate professional: Have a counseling session with your agent to map out a game plan Discuss communication…
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