For Sale By Owner (FSBO) at first glance seems like it might be a good idea. After all, in an FSBO transaction, there is the saving of the commission that a real estate agent earns. Does that mean there is more for the homeowner from the FSBO sale? Not always. One explanation for this is that FSBO homes may get less attention in the marketplace and therefore may receive fewer purchase offers. Consider The Value Of Time A professional worker who earns $150 per hour does not save money by doing … [Read more...]
What’s Ahead For Mortgage Rates This Week – June 29, 2020
Last week’s scheduled economic news included readings on sales of new and pre-owned homes and reports on inflation. Weekly reports on mortgage rates and new and continuing jobless claims were also released. Home Sales Results Mixed for May The National Association of Realtors® reported fewer sales of pre-owned homes in May at a seasonally-adjusted annual pace of 3.91 million sales. Analysts expected 3.80 million sales as compared to April’s reading of 4.33 million sales. This was … [Read more...]
The Healthy Home? Selling The Wellness Value Of A Home
A study by the World Health Organization says that 90% of our health comes from where and how people live. Homeowners are paying more attention to wellness. These considerations extend to the home that they want to buy. Do you want to get a great price when you sell your home? Go green and go healthy. Going Green Homebuyers are looking for more than just a quality home in a safe neighborhood. They also appreciate energy efficiency. Energy efficiency includes new appliances that use less … [Read more...]
Pros And Cons Of Completing Home Renovations Before Selling
Whether you originally bought a fixer-upper or you're just a homeowner who wanted to update their house, chances are you have seen your share of home renovations. Home renovations have the potential to greatly add to the value of your property, but they can also add to your own quality of life. Hopefully, you have completed your home renovations and gotten plenty of use out of them before listing your home for sale. If not, you may find yourself wanted to move before all the renovations … [Read more...]
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