There is no requirement for a homeowner to work with a real estate agent when selling a property, and many homeowners consider saving themselves the cost of a real estate agent’s commission fee in an effort to reduce costs and to keep more money in their pocket from the sale. While this may seem to make sense, the fact is that a real estate agent’s services have true value to you, and there are several key reasons why you want to work with a real estate agent when selling your home.
As a home buyer, you may go through a number of different steps to ensure that the property that you purchase is in great condition. In most cases, there will be no problems with the final inspection. However, in the event that there is a problem with the final inspection, you will need to know how to handle it.
Last week’s economic news included Case-Shiller Home Price Index reports, the Fedâs FOMC meeting statement and pending home sales. Freddie Mac mortgage rates and weekly jobless claims were also released as usual.
Selling a large house requires showing buyers its potential as a place where they can raise their families, enjoy space to grow, and make it their own. Preparing a large house can be a big task. However, a large house also has strong points that appeal to buyers looking for a spacious home.
Whether you are preparing to purchase your first home or it has been many years since you last walked through the home buying process, you may be starting to feel overwhelmed at the thought of all of the work that lies in front of you. While each home buying transaction is unique, the most successful home buyers have typically adopted a few behaviors. You may keep these in mind to help you navigate through the process with success.
Relocating to a new area can be exciting, but it can also be expensive. There are many resources to help, but most cost money. However, if you take your time and plan carefully, you can reduce the expense so you dont start your new life with new debt.
The National Association of Home Builders (NAHB) reported that April’s Housing Market Index rose from a reading of 52 in March to 56 for April. This is in line with warmer weather and the peak home buying season in spring and summer. Readings over 50 indicate that more builders view market conditions as positive as those who do not. NAHB members cited lower mortgage rates and better labor market conditions as reasons they expect more home buyers to enter the market.
Periodically, many homeowners will receive a rather sizable amount of extra cash. This may be from a bonus from your employer, a refund on your tax return, a financial gift from a relative or something else altogether. Before you make your decision about how to spend your money, consider what impact your lump sum payment will have on your mortgage.
If your home is located in a flood zone, it’s critical that you know how to get ready for those drenching spring rains. Here are some basic steps any homeowner can take to prepare for potentially devastating floods.
Last weekâs economic news included the minutes from the most recent FOMC meeting, which indicated that the Fedâs monetary policymakers are eyeing a potential increase in the target federal funds rate, but donât expect to do so immediately.