When you are buying a home and getting a mortgage, the purchase price isn’t really what you are paying. The actual cost of the house is how much you pay in interest to the mortgage lender. If you get a better interest rate from the lender, your payments will be less. Those who have the…
Many people don’t really understand how the real estate business works or what is a REALTOR® and what they do. A REALTOR® ® is not the same thing as a real estate agent. REALTORS® are National Association of REALTORS® members who have taken an oath to follow a strict code of ethics. Even people that…
The idea of living in a tiny home wasn’t on most people’s radar more than a decade ago. But in recent years, the tiny homes movement has received much attention from TV shows and downsizing evangelists. Fewer people are aspiring to larger properties and are instead seeking the benefits of tiny houses. Larger homes have…
Have you heard people talk about an FHA 203K loan and wondered what it was and how it worked? Buying a home is far more challenging when you are not familiar with common mortgage lingo. You may have heard about an FHA loan but what do the extra numbers and letters mean? When you are…
If you are considering purchasing a first home one of your options might be a condo or a townhouse. Most people think these two housing terms are the same but they are not. Townhouses are different than condos. First you should understand that the words townhouse and townhome are interchangeable. They mean the same thing.…
When buying a home for the first time it is possible to encounter real estate terms that may be unfamiliar. When it comes to buying and selling real estate, there are a few things that can happen during the process that can make it more challenging. One of these is when the buyer has the…
When you decide that owning your first home is a smart decision, a professional home inspection should be at the top of your list for must do’s. Inspectors for homes have an incredibly vital job in the home buying process. Choosing the right home inspector is therefore a vital exercise. Before making an offer, you…
Becoming a licensed real estate agent is a serious decision. It’s important to know what your responsibilities will be as an agent before you take the licensing exam. The are many tasks a real estate agent handles on a daily basis. In fact, many buyers and sellers ask what does a real estate agent do.…
If you’re in the real estate industry, you’re likely familiar with the Multiple Listing Service or MLS for short. The Multiple Listing Service is a centralized online database that allows real estate agents, buyers, and sellers to search for current properties for sale. Not only can you look for available properties for sale but can…
When you start your search for a home it is possible to miss a property that has been listed for sale. Maybe you were busy and weren’t checking your favorite real estate sites? Whatever the reason you might find that your dream home has gone under contract. Does that mean that all hope is lost…
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