If you're considering selling your home in the near future, you may be tempted to simply cut out the middleman and opt for an FSBO sale. However, selling a home is a major undertaking, and most "For Sale By Owner" home sales run into obstacles. So why is an FSBO sale such a problem for most homeowners? Here are three reasons why you'll want an agent to represent you instead of going it alone. An FSBO Puts You At Risk Of A Lawsuit Selling a home involves mountains of paperwork, and in order to … [Read more...]
Comparing Long-Term And Short-Term Rentals
Owning rental properties is a great way to diversify investments. Similar to the stock market, homes come in many shapes and forms. Some people are looking for short-term rental properties while other people are looking for long-term rental properties. What are the differences between them, and why might one person choose to own one of these properties over the other? What Is A Long-Term Rental? In general, long-term rental property is defined as any property that has a standard lease that … [Read more...]
Case-Shiller Home Price Indices: Home Prices Grow at a Near-Record Pace
U.S home prices grew at a near-record pace in January according to the National S&P Case-Shiller Home Price Index; year-over-year home prices rose by 19.20 percent in January as compared to December’s reading of 18.90 percent. Home prices rose 1.80 percent on a month-to-month basis from December to January. While home prices continued to grow at near-record rates, home price growth slowed in some areas during December but picked up in January. Craig M. Lazzara, managing director … [Read more...]
What Are The Top Signs You Need To Refinance?
You might have heard that more people are refinancing these days. During the refinancing process, you essentially take your current home loan and replace it with a different one. You can reduce your mortgage payments, shorten the life of your loan, or withdraw cash you can use for other purposes. What are a few of the signs that indicate you should consider refinancing? You Can Secure A Lower Interest Rate If you think you can secure a lower interest rate on your mortgage, it might be … [Read more...]
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