The terminology involved in the real estate market can be vexing for the newcomer, but if you're getting prepared to buy a home, there are a few choice words you should take some time to learn. While it's hard to learn the ins and outs in one article, here's a place to begin with five terms you may be hearing a lot of in the future. Amortization Period It may sound like a very fancy term, but the amortization period or mortgage term is simply the length of time it will take you to pay off your … [Read more...]
Buyer Beware: Three Major Red Flags to Watch for When Visiting Open Houses
An open house is a good opportunity to get out and about to see what kind of home you're looking for and if it will work for you. Fortunately, they can also be a good opportunity to find out some things about the house you're looking at that might not be listed on the website and may be less than flattering. If you're wondering what red flags to watch out for, pay attention to the following things the next time you're at a showing. Strong Odors Many home sellers try to engage the senses in order … [Read more...]
Facing a Scorching Hot Housing Market? 3 Reasons You’ll Want a Great Real Estate Agent
For many homeowners who are selling in today's real estate market, pinching every penny can be important. They may be considering opting out of using a real estate agent and going with the DIY approach. However, there are many things an agent can do for you in a hot market that is worth the money. If you're wondering how a real estate agent can help you, here are some things to consider. Understanding The Neighborhood It's possible that you know your neighborhood quite well and are aware of the … [Read more...]
Location, Location, Location: How to Ensure You’re Buying a Home in the Right Community
When investing in a home, one of the most important things is buying a place that you and your family can feel comfortable in. However, while a place you can envision yourself in is important, it's not worth neglecting the neighborhood you'll be moving into for the perfect home. If you're wondering what you should be looking for in the neighborhood you choose, here are a few things to consider before making an offer on a home. Is It Safe? It may be common to feel bowled over by a home and want … [Read more...]
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