The National Association of Realtors (NAR) recently changed their policy and shifted the dynamics of buyer’s agent compensation, prompting sellers to reconsider their strategies. Several buyers, especially first-time homebuyers, struggle to cover additional costs beyond the down payment, closing costs, etc due to limited savings and other expenses associated with purchasing a home. Mortgage lenders […]
In today’s fast-paced world, home automation is becoming increasingly popular among homeowners seeking to enhance convenience and reduce energy costs. With advancements in technology, smart home devices offer innovative solutions that not only simplify daily tasks but also promote energy efficiency and sustainability. Whether you’re considering upgrading your existing home or are in the process […]
Traditionally in the U.S. housing market, the seller has offered the buyer’s broker and agent a share in the commission specified in the listing agreement between the seller and the listing broker and agent. In a settlement between the National Association of REALTORS®, beginning on August 17, 2024, buyers will have to sign an agreement […]
Congratulations on your offer being accepted! In many cases, you may have a provision in your sales contract for a satisfactory home inspection. You’re one step closer to owning your dream home. Now is the time to choose a home inspector to take a closer look at the property. Inspectors are thorough and in some […]
Ben Franklin used a technique called a “balance sheet” when he was faced with a decision. As the lore goes, whenever Ben was faced with a decision, like you are now, he’d take a piece of paper, draw a line down the middle of it. On the left side, he’d list all the reasons he […]
Home insurance rates have increased by almost 20% nationally between 2021 and 2023 and even more in some states like Arizona where rates have jumped 62% in some cases. In today’s economy, the phrase “every penny counts” seems to hold its truth. The appreciation that homeowners have enjoyed, especially in the past four years, has […]
I’m sure you’re aware of online estimate sites such as Zillow, Realtor.com, Redfin, and Homes.com. There are many others but those are key players in the world of online estimate sites to get an estimate on what your home is worth. Those sites are very convenient to use (enter your address and in most cases […]
You are encouraged by the Federal Trade Commission to be sure the information on your credit reports is accurate, complete, and up to date at least once a year. It is an important part of your financial life that can determine whether you get credit, the terms of the credit and how much it will […]
When you’re dealing with the world of real estate transactions, it might cause some hesitation to decide upon using a friend who happens to be an agent to sell or purchase your home. There could be concerns such as how professional relationships may impact their personal connection which might weigh on a person’s mind. There […]
You might be faced with a difficult decision right now – should you hold off on purchasing a home as you hope for a favorable shift in the market? With insurance, property taxes, and maintenance costs on the rise, it’s understandable why some are hesitant to take the plunge. However, the reality is that these […]
