For many home buyers and sellers, escrow is an unfamiliar term that’s often confused with closing. While an escrow agent is involved in the closing of a real estate transaction, escrow itself is the process where an impartial third party ho...
There’s nothing like that moment when you finally find the perfect house. You may be tempted to write the seller a check on the spot, but knowing how to make the right offer can make all the difference on whether or not you actually land yo...
If your house has been on the market for several weeks and still hasn’ t yielded an offer, you may wonder if it’ s time to lower your price. While overpricing is the number one reason homes fail to sell, if your asking price was based...
When it comes to selling your home, setting the purchase price is one of the most difficult decisions you’ll have to make. If your price is too high, your house could stagnate on the market, or you could alienate potential buyers. On the ot...
As you prepare to sell your home, you’re probably considering which renovations will help to increase its value. Almost every home could use a little updating before it’s put on the market, but even the most popular upgrades – l...
#1 Making major purchases. Your finances will be scrutinized before a bank will approve a home loan application. Even if you have perfect credit – or you’ve recently come into some money – extravagant purchases can jeopardize yo...
#1 Check your credit. Correct any errors, try to repair any damage, and establish two years of reliable payment history before you apply for a mortgage.
#2 Save. Plan for your down payment, closing fees, attorney fees, and other expens...
#1 Get ready to move on. Make sure you’re able to qualify for a new mortgage and you can afford homes in the neighborhood where you want to move.
#2 Get help if you need it. You can sell your home yourself and save money, or use ...
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