You’ll find our blog to be a wealth of information, covering everything from local market statistics and home values to community happenings. That’s because we care about the community and want to help you find your place in it.
How do you know when it's time to sell?
The housing market has stayed competitive for months, and if you’re like many property owners, you’ve probably thought about selling. But is this the right time?
Selling your home is a big decision, and pinpointing the perfect time to make your move can be challenging. Here are a few questions to consider if you want to explore what it would look like to put your home on the market soon.
What is a Seller’s Disclosure? Here’s Why It’s Important
Whether you’re about to purchase a new condo or sell your current home, there is a lot to learn and paperwork to sign. One of these critical documents is called a seller’s disclosure.
A seller’s disclosure, also known as a property disclosure, is a document that sellers are legally required to provide buyers. This piece of paperwork will include all the undisclosed details related to the property that negatively affect its value. So before you finalize the buying or selling of a home, read on to find out why a seller’s disclosure is an essential part of any real estate transaction.
Why is a seller’s disclosure important?
A seller’s disclosure is a legal document protecting both the seller and the buyer. It protects the buyer by informing them of any issues or defects the home and surrounding property may have. It alsoView More
What to Do If the Square Footage is Wrong on Your House:
The square footage of your home is an important specification for valuation purposes, but sometimes the appraiser’s calculation of your property’s square footage differs from the square footage used in your tax assessment. Here’s what to do in that situation.
How to Determine if the Square Footage is Inaccurate
You should start by requesting to see your home’s property card from your county’s department of assessment. Many cities and counties allow you to look it up online. Make sure that any recent (permitted) additions are included in the records....
What is a reverse mortgage?
A reverse mortgage is a loan based on the current paid-up value or equity in your home. Instead of making a monthly mortgage payment, your lender can use your equity to pay you a set monthly amount, provide a credit line for you to draw upon as needs arise, or pay out a lump sum to you. While gaining access to this money sounds great, it’s essential to understand how a reverse mortgage works to avoid any pitfalls.
How does a reverse mortgage work?
When you have a regular mortgage, you pay the lender every month so you can eventually own your home outright. With a reverse mortgage, you get a loan in which the lender pays you. Reverse mortgages use part of the equity in your home and convert it into payments to you. You do not need to pay back this loan until you move, sell the home, or pass away. When you (or your heirs) sell the home, the reverse mortgage loan balance is deducted from the proceeds of the sale. Any balance remaining from sale proceeds reverts to you or your heirs.
What can you pay for with a reverse mortgage?
Maybe you didn’t think twice when you put a big security deposit on that fancy apartment two summers ago. But now that you’re getting ready to move again, you might be wondering how much of that deposit you’ll actually get back.
Believe it or not, your deposit isn’t at the mercy of your landlord. Tenants have rights, and landlords have limitations on what they can deduct from your deposit. It’s important for tenants to understand the basics on deposits. In most states, the timely return of your deposit means there’s a deadline—such as 30 days—so be sure to leave a forwarding address....View More
Selling a home is an emotional event. You are leaving behind a house filled with memories and venturing off to someplace new. The people buying your home are excited to create their own memories in a home that you loved for so many years. Welcome them with a thoughtful gift that will leave a lasting impression.
Here are some ideas for gifts to leave for your home’s new owners...
9 House Cleaning Hacks
Everyone hates getting bogged down with life’s little details. And guess what? You don’t have to! Here are house cleaning hacks for people who hate cleaning their house. Let’s face it, this is everyone.
1. Use old socks to clean blinds
Blinds often have multiple sides and shapes, so they can sometimes be a hassle to clean. But with this simple hack, they don’t have to be. Simply use a mixture of equal parts vinegar and water to dampen an old sock, and then swipe the damp sock over each section of the blinds. Embedded dust and dirt will come right off!
6 Mortgage Tips for Single Parents
If you’re a single parent, it’s arguably more challenging to buy a home than for those in a partnership with dual incomes. Yet it’s easy to see why so many single parents are eager to purchase a house. Beyond finding a perfect kitchen and playroom, owning a home is an integral part of building a healthy financial future. And while homeownership may seem like an increasingly out-of-reach dream for single moms and dads, buying a house is definitely an achievable reality for most folks. To help inform you on this journey, we reached out to experts for tips on how to land a great mortgage as a single parent.
1. Leverage benefits
When applying for a mortgage, be sure to include any alimony and child benefit payments you receive.View More