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.
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.
Sell Your Home: Tips For Selling In A Buyers Market
Ilyce shares tips on selling your home in a buyers market. Sellers should take another look at their homes, from a buyers point of view to see if there's anything they should change. Homeowners trying to sell their homes should also check with buyers agents and real estate brokers to see if they can tell you why your home isn't selling.
Spread The Word: Your House Is For Sale
Before you list your home for sale, or shortly thereafter, you should enlist your neighbors' help in finding a buyer for your property. They can be the best source of marketing for your for sale property because they already like living in the neighborhood. Even though you've hired an agent, plan on spending a good deal of time letting everyone you know that your home is for sale.
Are Housing Prices A Bubble That’s Going To Burst Like The Stock Market?
Over the past five years, the average house has increased in value by more than 30 percent. Are housing prices a bubble that's going to burst like the stock market? But it's possible that we could continue to see house prices continue to go up in value.
Seller Disclosure Means Buyer Should Ask Questions Too
When you're buying a home a seller is supposed to tell you about any hidden material defects as part of seller disclosure. But it's the buyer's responsibility to ask questions of the seller too. The buyer can ask the seller about the neighborhood and location around the home. Asking questions ensures that buyers face fewer surprises when buying a home.
Home Repair Helps In Selling Your Home
When you're selling your home, you should make home repairs. Minor home repairs can go a long way toward selling your home. What home repairs can you make to the kitchen, bathroom and bedroom for selling your home? Home repairs should not be a major home renovation but rather minor fixes that will improve the look of your home.
How Much Is Your House Worth Anyway?
Over the past five years, housing price valuations have skyrocketed. Is it the amount the bank's appraiser says it's worth? Or, is it the amount on which the tax assessor bases your every-rising real estate property taxes? Or, is it the amount that someone is willing to pay for your home?
How To Solve Rotten Neighbor Problems
Rotten neighbors can really bring you down. Read some advice about rotten neighbor problems, including picking up a copy of Neighbor Law by attorney Cora Jordan. You can likely talk to your neighbors before you have a serious dispute.
Selling Your Home Or Making Home Improvements
After you've lived in a home for a while and when you have a growing family you may be debating whether you should sell your home and move or make home improvements instead. The decision about selling your home versus making home improvements or renovating comes down to whether you like the neighborhood and whether you mind the debris that comes with renovating a home. Learn factors to consider when you're deciding between selling your home or making home improvements.