Is your neighborhood changing rapidly? Are your neighbors rehabbing, upgrading or rebuilding? Paying attention to the neighborhood, and how it grows and changes directly affects the value of your home and whether it appreciates, depreciates or pretty much stays even. Check out the articles, columns, radio shows, blog posts and videos for more information about how your neighborhood can affect your home. As always, if you are buying a home, you must make sure to consider the neighborhood and its school district.
Home Improvements In A Transitional Neighborhood
Is your neighborhood changing rapidly? Are your neighbors rehabbing, upgrading or rebuilding? When you buy a home as a fixer-upper, you're specifically looking to get a great deal on a neighborhood you might not otherwise have been able to afford. How do you decide if home improvements are worth it in your changing neighborhood?
Where To Start With Investments In Empty Lots
A buyer is interested in investing in empty lots. By purchasing a vacant lot, a buyer is betting the value of the neighborhood will rise and the land will sell for a big payoff. Visiting to the local building department to determine the type of building that can be built and any potential zoning changes is a good place to start if you're looking to purchase empty lots.
Unclear Property Line Leads To Driveway Mistake
When you build a new home it's critical to understand the property lines. What happens if the builder creates your driveway on property that's not yours? You have to figure out who made the mistake and that party may be liable to fix it. You need to look at surveys, easements and the contract you used to buy the property. Then you can contact a real estate attorney to resolve this property mistake.
How To Pick A Real Estate Agent
Picking a real estate agent is an important part of the home buying process. What questions should you ask and what should you look for when selecting a real estate agent? Make sure you pick a real estate agent knowledgeable about the neighborhood you're interested in.
House Still Hasn’t Sold? Some Ideas To Pump It Up
In a tough housing market, sellers could wait a long time for an offer on their home. If your home is stalled in a slow housing market, your agent will pressure you to lower the price. Before that, here are some things to think about for why your home isn't selling, even in a down housing market.
Mortgage Loans: Getting Prequalified To Buy A Home
Before you can apply for a mortgage loan and buy a home, you have to get prequalified. Getting prequalified for a mortgage means having a lender analyze your assets and income stream, so he can decide whether to approve you to apply for a mortgage. Having all your documents ready ahead of time will speed the prequalification process up so you can apply for a mortgage loan and buy a home.
Before You List Your Home, Check Out The Competition
Why do you want to find out about the other homes on the market? It's important to develop a mental inventory of what's been sold, and what is currently available for sale so you have a good idea of the market value. You're looking to see what condition the homes are in, what amenities they have, and how much the owners are asking, then compare it to your own to estimate a market value.