The decision to purchase a home is exciting and a major investment for your future.
An earnest money deposit, also known as a good faith deposit, is a specific dollar amount that a potential buyer pays to the seller in an effort to display their serious interest in a property.
The appeal of income properties and the potential for what may seem like easy money and early retirement have likely crossed the mind of anyone who has heard of this business venture.
Given the recent state of the economy and the rising rate of mortgage foreclosures, the number of properties available at rock bottom prices is at an all time high.
Homeowner’s Associations: What You Need To Know
As you begin looking for a home to purchase, you will start to come across houses that have a homeowner’s association.
Now that you’ve made the decision to purchase your first home, a hearty congratulations is in order! Becoming a homeowner, especially for the first time, can stir up some feelings of anxiety and excitement.
There is a reason the term “location, location, location” is used so commonly within the real estate industry.
Selecting Homeowner’s Insurance
One of the many things you will have to think about while you are in the process of buying a new home is the insurance you will need to protect it.
When it comes to a home, you have two options: buy or rent.
Examining A Home Objectively: What Matters And What Doesn’t
Everyone heads out to look at potential homes with a list of the things they want in a house, and a list of the things they definitely do not want.
The traditional view of home ownership usually includes a married couple, but times have changed, and more and more single women are entering the housing market.
When we think of selling a home, the services a REALTOR® can provide usually seem worth the cost of their commission, but what about as a buyer? What can a REALTOR® do for you as a home buyer, and is the commission worth the services they can provide? Here are five great reasons you should hire a REALTOR® when you are in the market for a new home!
REALTORS® Can Help You Determine Your Budget—With a few simple pieces of information, a REALTOR® can help you pre-determine what kind of budget you may be looking at for your new home, and can match you with potential lenders that are right for you.
You’ve gone to countless open houses, searched online for months, and have finally found the house of your dreams, but before signing your name on the dotted line there are a few key steps you should not overlook.
A home warranty plan, also known as a home protection plan, is a service contract that offers homeowners a way to safeguard themselves against possible breakage or a malfunction within the home.
Now that you’ve signed all the paperwork and your loan is approved, it’s time to move in.
While it may be nice to have a home with five bedrooms, an eat-in kitchen, and a four-car garage, how many of us really need this much space? The best approach is to look at a few particular aspects of your life and lifestyle to make the right choice.
Making An Offer: Negotiating Your Buying Price
There is perhaps no more exciting and nerve-wracking time in the home buying process than when you decide to make an offer on a home.
Finding A Neighborhood With Great Schools
If you have children, or even if you don’t yet but plan to in the future, schools are something you will need to take into consideration when you search for a new home.
Always dreamed of renovating a home exactly to your specifications, or have you found an older house that is structurally sound but needs a lot of work inside? Perhaps the price is right and you can’t resist all that house you can get for your money.
When the housing market is up and sales seem to favor sellers rather than buyers, negotiation contract contingencies may seem like a lost cause.
Should You Consider A Condominium Or Townhome?
If you are buying a new home on a tight budget, one of the options that will come to your attention is purchasing a condominium or townhome instead of a standard single family home.
So you have found the home of your dreams, it has all the features you want, and it is in the right neighborhood.
Once you’ve made the decision to buy a home, it’s time to start thinking about what comes next.
When To Consider Raising Your Home Buying Budget
Setting a budget for your home purchase is an important decision.
Choosing A REALTOR® You Can Trust
When it comes to shopping for a home, especially if you are buying for the first time, having an agent on your side is extremely helpful.
The process of purchasing a home can be a complicated and stressful experience, but if you have to purchase a new home in another city the experience can become even more complicated.
When it comes to buying a home, having bad credit is not the end of the world.
How Long Should You Keep Your Home On The Market?
Many a home seller has been there—the house has been on the market for months and there is no sign of a sale.
In addition to location and condition, the asking price of a home is at the top of the list of important considerations.
When a homeowner lists their house with a REALTOR®, they may choose to store their house keys in the lockbox for easy access for the REALTOR® showing the home.
The process of selling your home can be a stressful and time-consuming event.
What Season Is Best To Sell?
So you are ready to sell your house, but you look out the window and see several feet of snow on the ground.
If you are thinking of putting your home up for sale, or already have your property listed, you may want to consider hosting an open house as part of your marketing strategy to get your home sold.
There is a lot more to putting your home up for sale than placing a sign on the front lawn.
Here are the most common mistakes people make when selling their property.
Selling your home can cause potential anxiety about your personal privacy.
Showing your home is essential in the real estate business.
The Downside To A Sale By Owner
In tough economic times, saving the money that you would have to pay a real estate agent to help you sell your home can be a tempting idea.
Negotiating With A Buyer
Depending on the market in which you are selling, your position in the negotiations with a potential buyer can be either a very comfortable one or a difficult one.
The temptation to save yourself the cost of hiring a real estate agent when selling your home can be overwhelming, and with more websites, books, and other resources popping up that claim to give you all the know-how and tools you’ll need to sell your home yourself, why should you consider hiring a REALTOR® at all? Like any job that requires a lot of insider knowledge and experience, hiring a REALTOR® will ensure that you are getting the best price for your house with the minimal amount of work and worry.
Simple Ideas To Make Your Home More Welcoming To Buyers
It may seem obvious, but many sellers fail to recognize that a home that feels, looks, and smells welcoming and homey will more likely raise a buyer’s interest when they come for a showing.
Anything that could be potentially harmful to the new occupant or the home itself must be addressed in the seller’s disclosure.
Whether the initial love has faded, or your home just doesn’t work for you and your family anymore, deciding between selling your home and remodeling can sometimes be a difficult decision.
So you have decided that you are going to sell your home.
The Home Remodels That Will Most Increase Your Selling Price
So you are ready to sell, but you know that there are a few things in the home that could stand some updating in order to increase your selling price.
Every homeowner must set an asking price when listing their home on the market, but what happens when you don’t receive any offers? Just as it’s important to know when it’s time to sell, it’s important to recognize the right time to reduce the price.
If you’re selling your home, there are a number of things you can do to improve your property’s potential value and appeal.
Five Things You Should Put In Storage While Selling Your Home
When your home is on the market but you are still living there, you can’t very well make it a model show home.
Quick Clutter Fixes For Unexpected Showings
When you have to continue living in a home at the same time you are trying to sell it, keeping it ready for a showing at any time can be a challenge.
When listing your home with a REALTOR®, you will be required to sign an agreement.
The process of selling your home at any time of the year can be a stressful experience, but if you are trying to sell your home during the busy holiday season it may seem to be almost impossible.
An open house is one way that REALTORS® attempt to expose a home to multiple buyers at once.
Selling A Home When You Have Kids
Selling a home is stressful for everyone, and having young children in the house can add to the stress for the parents.
You would never dream of inviting guests to your house without making certain preparations, so don’t invite potential buyers without first making the necessary updates by preparing your home to sell.
If you are selling your home and are motivated to get the deal done quickly, you may be tempted to accept a low bid.
Once you’ve made the decision to sell your home, it’s time to think about what comes next.
Home staging is the latest trend in real estate, and if you are selling your home you are likely at least aware of what this growing practice involves.
There are a number of reasons why you may need to sell your home in a buyer’s market, and though getting the most for your home in that situation may seem impossible, there are several strategies you can use to get the best offer for your home.
An aquarium is designed to simulate a natural environment for freshwater life.
There is nothing like fresh fruits and vegetables from your own garden to give your health and taste buds a treat.
As adults, we often assume that gardening is designed exclusively for us.
When it comes to keeping your home comfortable in the summer, there are a number of ways to accomplish your goal without breaking a sweat over your cooling costs.
Summer is a special time for having fun in the backyard pool, yet drowning is a leading cause of accidental death.
While open-concept homes seem to be the popular trend in the home construction industry, sometimes decorating for large spaces can be a challenge.
If you have a room that requires a masculine touch, don’t fret.
To clean your home is to free it from dirt, pollutants and other elements.
When moving day arrives, there’s nothing quite like the nagging feeling that you’re forgetting something.
Simple Ways To Add A Splash Of Color To Any Room
If you are feeling a lack of color and vibrancy in your décor, but don’t have a lot of time or money to put into redecorating, you can still make a big difference.
Storage Solutions For Your Child’s Toys
If you have children, you know how quickly they can accumulate toys and other items.
Whether it is a romantic dining room or a home office, finding the right lighting for each space in your home is essential to making it functional and inviting.
To many, a rose is one of the most beautiful flowers in existence.
If you are planning to entertain outdoors, then you may also be considering the addition of an outdoor music system to help complete your theme.
Believe it or not, your garage is not only made to house your automobiles.
The Best Ways To Reduce Your Water Bill
Although a lot of the energy efficiency efforts tend to be focused on saving on electricity bills, you can also save a lot of money on your water bill and save water, too, with only a few simple steps.
When you begin thinking about decorating, usually a man-friendly space is not what springs to mind.
Decorating For Small Spaces
If you live in a smaller home or condo, you face some particular decorating challenges.
As a homeowner, you can use a number of landscaping design tips to make your house look just as polished on the outside as it does on the inside.
Moving can be a stressful time, however, there are several things that you can do to make your move a smooth one.
Clutter, which is defined as things that lie about untidily, is often linked to creativity.
Solar Lighting For Your Yard
One of the simplest, most economical and also eco-friendly ways to provide lighting in your yard is to use solar lights.
Congratulations on your decision to start a new garden.
When choosing a style of furnishing, color scheme, or fabrics for your new home, or when redecorating a room, plants often do not immediately spring to mind when considering what you need to complete your space.
A backyard deck is a great way to not only improve the value of your home, but also make your outdoor living space more enjoyable for you and your family.
Whether you have just bought your first home or have been a homeowner for some time, chances are that at some point you will be faced with home repairs.
Let’s face it—two of the biggest issues most of us face in today’s world are concerns over the environment and the economy.
Bird watching is a popular past time that is shared by many, but what if watching your fluttering friends was as simple as peeking into your backyard? Thanks to a few landscaping techniques, you can trade in your binoculars for a lawn chair and enjoy bird watching from the convenience and comfort of your own home.
If you are like most people, dust is a part of life.
These days, a home theater is one of the most popular trends in the nation.
If you have the islands on your mind, you will be glad to know that you can bring the charm and decor of your favorite tropical paradise into your own backyard.
The cool refreshing look of water on a hot summer’s day can make any homeowner wish they had a pool in their backyard, but making the decision about whether a pool is right for your property is more complicated than buying an inflatable bed with a cup holder.
If you have a room that requires a feminine touch, don’t fret.
Maintaining Air Quality In Your Home
Whether you have allergies or simply prefer knowing that the air in your home is as clean as you can make it for better health, achieving and maintaining good air quality is an important issue.
The beauty and relaxation that your garden can provide you and your family is certainly worth all the work you put in each year.
It’s a known fact that the majority of accidents occur at home, which is why every household must be equipped with a first aid kit complete with all of the essentials needed to handle life’s unexpected and unfortunate events.
A patio offers a relaxing way to enjoy the outdoors while still getting a sense of home.
Homeowners who are thinking of selling are often warned against choosing bright and bold paint colors for their walls.
A pest is not just a word that’s used to describe an annoyance; in fact, it’s also the term given to a destructive animal that destroys crops, food and even livestock.
Gardening is a fun way to enjoy the outdoors, but it is also a livelihood for many.
Give Your Old Furniture New Life
Old furniture doesn’t have to be put aside if the basic structure is still in good condition.
Home Theater Tips And Tricks
With home entertainment equipment becoming more and more advanced and the cost of going out for entertainment making it less realistic for many people, creating the perfect home theater is on the list of many homeowners.
Long gone are the days of plastic vertical blinds and grandma’s lacy curtains.
If you want a house to smell clean, you clean it.
Your home is your haven and, as such, it should be a place where you feel safe.
Every home should have an emergency kit.
Who hasn’t had a cupboard full of Tupperware come crashing down on their head? And don’t we all have a drawer in our kitchen that holds every scrap of paper and useless knickknack we have ever owned? While kitchen clutter may be a universal truth, it can also make using your kitchen a time consuming and frustrating task.
Flowers are used for many purposes, including landscaping, weddings, gifts and even to decorate the interior of your home.
Using Your Fireplace Safely
A fireplace is a great feature in any home, and can create that warm, homey feeling on a cold winter evening that every homeowner dreams of.
Let’s face it.
Whether you are looking to sell your home or just think it’s time for a new look to improve your curb appeal, giving your front porch a makeover is an easy and inexpensive way to give your home’s exterior a fresh look.
A barbeque is an outdoor meal or party at which food is prepared on a rack over a grill.
When you are planning to sell your home, a bathroom remodel may be one of the best places to increase your home’s value.
If you are in the market for a new home, or are looking to refinance your mortgage, there are an ever increasing number of lending options that exist for you as a homeowner.
If you are in the market for a new home, or looking to refinance your existing mortgage, then you will want to consider the option of hiring a mortgage broker rather than an individual lender or lending institution.
If you are in the market for a new home, it’s important that you know what type of loans are available to you.
If you are in the market for a new home, or it is time to refinance your mortgage, there is no doubt you have been looking at the current interest rates.
If you’re facing an upcoming rate change on your adjustable rate mortgage, you may be a bit worried.
Unfortunately, fraud and identity theft are increasing at an alarming rate every year, and mortgage fraud is one of the most important types of fraud from which you will want to protect yourself.
Interest Only Loans: What You Should Know
Of the many different types of home loans out there, interest only loans are one of the more unusual types.
Saving for a down payment can be a difficult and time-consuming task, but there are options for financing a home purchase other than saving or the traditional borrowing options.
There are a number of factors that can contribute to the affordability of a house and, as a potential homebuyer, it’s important that you know what type of mortgage payments are within your budget.
Purchasing a home with a low down payment is important for a number of reasons, including the buyer’s ability to have extra cash left over for closing costs, decorating expenses, upgrades and/or other essentials needed to turn their new house into a home.
Buying a home can be both exciting and stressful but, for those with past credit problems, the process may also seem intimidating.
With the financial markets in crisis and the cost of homes plummeting, the subprime loan options that were responsible for this crash in the first place are becoming less common.
Finding your credit rating can be an intimidating task, but for anyone hoping to purchase a home it is a necessary step.
A reverse mortgage is a financial option available to seniors which allows them to free up some of the accumulated equity in their home.
With mortgage rates on the lower side, the choice to cash in and refinance your mortgage may be tempting, but before you make that decision here are a few facts to help you decide if it is the best financial choice for you and your family.
Finding the perfect home is a task, but shopping for the best home loan can be even more tedious.
One of the most important factors to consider when buying a new home is affordability.
Tips For Qualifying For a Better Interest Rate
When it comes to a home loan, the interest rate is a very important factor.
All About Home Equity Loans
You have probably heard a lot about home equity loans if you have spent any time at all looking at home financing options.
If you are a first time homebuyer, navigating all the new information about homeownership, the home buying process, and mortgages can seem overwhelming.
Looking to buy your first home, but having trouble coming up with the down payment? Typically you need to have between 5-50% of the purchase price of your home, so here are a few tips to help you save your down payment faster!
Save Your Tax Refund—Doing this alone for a few years may add up to a considerable amount to contribute to a down payment, especially if both you and your spouse commit to contributing the full amount.
The decision to purchase a home can be an exciting but sometimes confusing undertaking.
First Time Buyer Loan Tips
For first time buyers, the mortgage loan process can seem complex and confusing.
Paying off your mortgage is one of the biggest financial goals of most homeowners, and retiring debt-free can certainly give your golden years a greater sense of financial freedom and stability.
With all the financial decisions that need to be made when purchasing a home, choosing the options that make the best sense for you can seem overwhelming.
Now that you’ve decided to purchase a new home, it’s important to know what to expect throughout the loan process.
Can You Buy A Home With No Down Payment?
Coming up with a down payment in today’s economy can be difficult.
FHA Loans: What They Are And Who Qualifies
In your house hunting you may have come across a mention of FHA loans.
A predator is defined as one that preys on others, which is why some lenders have fittingly earned the title as predatory mortgage lenders.
Every June, we celebrate our love for dad with Father’s Day and, although we don’t always know exactly what gift to give that could possibly express our gratitude, it is possible to get him something that he will love.
Celebrating New Year’s Eve With Children
Partying until midnight may not be in the cards for you come New Year’s Eve if you have small children.
On October 31 of every year, children around the nation enjoy carving jack-o-lanterns, dressing up in their favorite costumes and going out trick-or-treating for candy and treats.
Decorating for the Fourth of July is really a great and easy way to show your patriotic pride, and with our nation’s colors of red, white, and blue going so well together, it also couldn’t be easier.
Preparing Your Home For Holiday Guests
It’s wonderful having friends and family at your home to share the holidays, but it can also be a lot of work.
Thanksgiving is an annual national holiday commemorating a harvest festival celebrated by the Pilgrim Fathers in 1621.
New Year’s is a great time to host a party for friends and family.
Memorial Day is usually spent watching the latest blockbuster film, but it is also a great time of year to get outside and celebrate the nice weather.
Planning The Perfect Easter Egg Hunt
Searching for hidden treasures and tasty sweets is the biggest part of Easter for young children.
The traditional Chinese New Year is becoming more and more a celebrated festival around the world, and it is a really great way to celebrate Chinese culture or just have fun with friends and family.
If you are throwing a St.
Independence Day is a great opportunity to get your neighborhood together to celebrate our great nation, and what could be more American than the block party! It is a great and inexpensive way to get to know your neighbors and add a more traditional community feel to your street.
Whether it is Thanksgiving or Christmas, a small family gathering or a huge party, cooking the perfect turkey for the holidays is every chef’s goal.
With times being as tough as they are, finding the money to make a special Valentine’s Day for your sweetheart can be difficult.
Every year, children enjoy festivities that include the coloring of Easter eggs, annual egg hunts and other activities that have emerged through the years as a growing holiday tradition.
Is A Real Christmas Tree Right For You?
There is nothing quite like the smell of fresh pine filling your home during the holiday season, and a real Christmas tree can do that better than any candle or air freshener.
Safety Tips For Fourth Of July Fireworks
The Fourth of July is an exciting holiday filled with family and friends, backyard barbeques, and of course the main event—the fireworks.
Halloween is a great time of year to let the creativity go wild, and when decorating for this fun and family-oriented holiday, it really wouldn’t be complete without a jack-o’-lantern or two! While carving pumpkins is the traditional way to create a jack-o’-lantern, if you have young children or kids who want to create jack-o’-lanterns without adult supervision, then it can be a dangerous and risky craft idea.
On December 31 of every year, the world celebrates New Year’s Eve.
Holiday Meal Ideas You Can Prepare Ahead Of Time
Preparing large holiday meals for a crowd is time consuming and a lot of work, too.
A mother is someone who looks after you, takes care of you when you are sick and is always there to show you just how much she loves you.
Every year, Valentine’s Day serves as a celebration of love, happiness and a commitment to those that you cherish.
Planning The Perfect Memorial Day Barbeque
While the focus is often on the Fourth of July when it comes to backyard celebrations, Memorial Day is often a popular choice as well.
Mother’s Day only comes around once a year, and since mom is there for us every day of the year, the least we can do is create a one-of-a-kind day to show her our thanks.
Halloween can be one of the most child-like and fun holidays of the year.
Hanukkah is a very special time of year on the Jewish calendar.
Valentine’s Day Crafts For Kids
Valentine’s Day is all about love—and not just between couples! Kids love to get in on the action, and creating fun Valentine’s crafts to share is a great way to let them have a good time and make something they can give to friends and family to show their love on this special day.