Some first-time homebuyers may find themselves looking at their closing disclosure and notice a charge for mortgage insurance to be collected every month. So, what is mortgage insurance? We’re here to demystify what it is and offer guidance on how to get it removed! Stay tuned. Mortgage insurance allows you to buy a house with …
When it comes to real estate settlements in the United States, there is no one-size-fits-all approach. The processes involved in closing a real estate transaction can vary significantly from state to state and even from county to county. Understanding these differences is crucial for both home buyers and sellers to ensure a smooth and successful …
Having a welcoming home brings more leads and can increase how much money you will get in an offer, which is why curb appeal matters. In fact, curb appeal can increase perceived home value by 5 to 11%. So if your house is on the market for $100,000, an 8% increase from a $1,000 curb …
13 Curb Appeal Ideas Under $1,000 That Increase Sales Price Read More »
When selling your house by yourself (FSBO, for sale by owner), you won’t have the assistance of a real estate agent which also means you do not have access to their expertise and unbiased view of what makes your home special. But that doesn’t mean you cannot sell your house by yourself. You just need …
10 Ways to Sell Your FSBO (For Sale By Owner) House Fast Read More »
A CLUE Report, otherwise known as a Comprehensive Loss Underwriting Exchange Report, is a document that provides a list of all insurance claims that have been made on a house. CLUE Reports are used by insurance companies to determine whether or not they want to cover your home, how much they want to cover your …
Pre-foreclosure means that your lender has issued a notice of default (a public notice filed with a court) and that they are beginning the process of foreclosure. Fortunately, pre-foreclosure does not mean that your house will be foreclosed upon and there are many ways to get out of pre-foreclosure. While pre-foreclosure may seem like a …
What Does Pre-Foreclosure Mean? And How to Avoid It. Read More »
Off-market in real estate means that a house is for sale but is not listed on multiple listing services (MLS). Only licensed real estate professionals will have MLS access so if a house is listed as 0ff-market it may mean that the house is also for sale by owner. But there are plenty of times …
When making an offer on a home, you want to stay under the maximum amount you’re willing to pay but high enough to outbid other sellers. You might also want a way to track other offers so that you can continuously outbid them to increase your chances of making the deal. This is what an …
If you’re selling your house or an investment property and are excited to make a good profit on it, then you’re not the only one! The IRS is also looking forward to the deal closing. That’s because the Capital Gains on real estate can be taxable. As always, these types of unique taxes are sometimes …
What is Capital Gains Tax on Real Estate? How Do I Calculate It? Read More »
When selling your house by yourself is a popular trend, but without the guidance and experience of a licensed real estate agent you are going to face additional obstacles. From their buying power with advertising, to knowing the right angles to display your home to a buyer, not why you love it, these are things …
