The concept of a “starter home” is quickly becoming a real estate relic, like track lighting and brass hardware. Time was, young families with average incomes who were shopping for a first house would choose a small one in an affordable neighborhood — maybe with just a hint of a yard and a carport, rather than a half-acre lot and a Read More
5 Tips for Selling Your House This Summer
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
5 Things That Can Kill Your Mortgage Application
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.
Real Estate Terms Infographic … Nothing to be Spooked About
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.
This Halloween season there is nothing to be afraid of when thinking about buying a home. Read More
8 Things Not to Do When Home Buying
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.
Look Further
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
