Summer may be real estate’s busy season, but that doesn’t mean it’s an easy time to be a seller. With so many homes on the market and minimal pressure to settle, buyers can afford to be pickier.
It takes strategy, patience, and a level head to manage a sale successfully. Nevertheless, it is still possible, and if you follow these five steps, you will not only survive this summer home selling season, but Read More
Guest Blogger: Scott Sheldon
Getting a mortgage can be no small task. These days, borrowers have to meet stringent income and credit requirements to get a lender to finance their new home. But even with proper documentation and a stellar credit score, the process can go awry.
Here are five things borrowers still do that can make getting a mortgage more dicey.
Buying real estate can oftentimes seem intimidating. Especially, when you are not actually in the industry. What forms do we need, what is recommended to do before, during and after buying a home? Can I carry a proper negotiation if I do not understand the real estate terms and the processes.
Here are some great definitions of real estate terms from the group at HouseHunt and Inman.com that can make you feel more comfortable when purchasing a house. By understanding these terms, you will also feel confident when negotiating when buying or selling a home.
Home buying can be tricky as you need to save money, pre-qualify for a mortgage, establish and manage a budget, and find the house that meets your criteria. But while all this is happening, there are some actions that you may not want to take like applying for a credit card. Nor do you want to be buying a new car or making an investment into a large purchase. And definitely do not change jobs right before buying a home. All of these activities could have an impact on your final mortgage approval. And thus, your home purchase.
This infographic shares some details about what actions not to take as you are considering buying a home. Jensen and Company is a real estate firm in Salt Lake City, UT but these principles apply across the US. Read More
HomeZada is a huge asset when it comes to selling your home, but failing to pair it with a top agent could mean months on the market, costing you thousands. There are a lot of licensed real estate agents, but actually very few who do it well enough for a full-time living. And even fewer who consistently outperform the local market. You’d probably never invest your money with a part-time financial planner, or have a procedure done by a part-time doctor; that’s why using a friend who’s a part-time real estate agent, though simple, might not actually be the best choice. Read More
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