One last thing: When you're applying for a mortgage, you'll need to show that you have enough assets to cover more than just your down payment. Your lender may also have a reserve requirement, meaning liquid assets you can use to make mortgage paymentsafteryou've put down your down paym...
7 ways to avoid capital gains tax Tax implications of selling a house How to avoid paying taxes when selling house Capital gains tax brackets What’s my home worth? What’s a CMA (comparative market analysis)? Realtor pricing strategies ...
In my experience as a Realtor, I have sold many homes where mold was discovered both before and after listing for sale. The key is dealing with it properly. It is in any homeowners best interest to remediate a mold problem. Before listing your house, it’s essentiial to know the mold ...
Buying and selling a home is not always as easy as it might seem, especially when you've never done it before. To make optimum real estate decisions, you usually have to dig deep into its specificity and terminology. You might be discouraged by real estate lingo you've never heard before...
Frequently abandoned houses find their way to foreclosure. The lender holding the mortgage will put it up for auction. The home will go to the REO division within the lending institution if it is not sold. When the property is habitable, it will often be listed with alocal Realtorwho will...
Related: Your Home, Year 1: What You Need to Know Where You Get the Most Bang for Your Buck According to Realtor.com’s Market Trends Explorer, the best home values are found throughout the flyover states, primarily the Midwest and some parts of the South. States with markets that h...
Smaller, more affordable homes help first-time buyers achieve homeownership, but they're harder to find in the current real estate market.
It could be upwards of 100 pages, so make sure to ask your real estate attorney or Realtor to explain what each document is for. Here are some of the documents you can expect to receive: Loan estimate: This document contains important information about your loan, including terms, interest ...
When buying or selling your home, the better you click with your agent, the better your experience is likely to be. Start by asking friends and family for referrals — if someone you trust had a good experience with an agent, chances are you will too.Interview several candidatesand ask ple...
New rules on buying and selling homes are in play, now that a settlement from aclass-action lawsuithas taken effect. In March, the National Association of Realtorsagreedto a $418 million settlement in an antitrust lawsuit where a federal jury found the organization and several large real-es...