Happy MLK Day!

January 17, 2022

It’s Martin Luther King Jr. Day (also known as MLK Day).   The national civil rights figure rose to prominence during the 1960s as a push for civil, political, and economic rights for minorities and, specifically African Americans.  Therefore, today’s a good day to talk about Dr. King, his immortal legacy, and why we celebrate…

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Avoid the Rental Trap in 2022

January 14, 2022

Are you one of the many renters thinking about where you’ll live the next time your lease is up? Before you decide whether to look for a new house or another apartment, it’s important to understand the true costs of renting in 2022. As a renter, you should know rents have been rising since 1988…

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How Much Do You Need for Your Down Payment?

January 13, 2022

As you set out on your home buying journey, you likely have a plan in place, and you’re working on saving for your purchase. But do you know how much you actually need for your down payment? If you think you have to put 20% down, you may have set your goal based on a…

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Two Reasons Why Waiting To Buy a Home Will Cost You

January 12, 2022

If you’re a homeowner who’s decided your current house no longer fits your needs, or a renter with a strong desire to become a homeowner, you may be hoping that waiting until next year could mean better market conditions to purchase a home. To determine whether you should buy now or wait another year, you…

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What To Expect as Appraisal Gaps Grow

January 11, 2022

In today’s real estate market, low inventory and high demand are driving up home prices. As many as 54% of homes are getting offers over the listing price, based on the latest Realtors Confidence Index from the National Association of Realtors (NAR). Shawn Telford, Chief Appraiser at CoreLogic, elaborates: “The frequency of buyers being willing…

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What Buyers and Sellers Need To Know About the Appraisal Gap

January 10, 2022

It’s economy 101 – when supply is low and demand is high, prices naturally rise. That’s what’s happening in today’s housing market. Home prices are appreciating at near-historic rates, and that’s creating some challenges when it comes to home appraisals. In recent months, it’s become increasingly common for an appraisal to come in below the…

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Knowledge Is Power When It Comes to Appraisals and Inspections

January 9, 2022

Buyers in today’s market often have questions about the importance of getting a home appraisal and an inspection. That’s because high buyer demand and low housing supply are driving intense competition and leading some buyers to consider waiving those contingencies to stand out in the crowded market. But is that the best move? Buying a home…

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What’s the Difference between an Appraisal and a Home Inspection?

January 8, 2022

If you’re planning to buy a home, an appraisal is an important step in the process. It’s a professional evaluation of the market value of the home you’d like to buy. In most cases, an appraisal is ordered by the lender to confirm or verify the value of the home prior to lending a buyer…

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Save Time and Effort by Selling with an Agent

January 7, 2022

Selling a house is a time-consuming process – especially if you decide to do it on your own, known as a For Sale By Owner (FSBO). From conducting market research to reviewing legal documents, handling negotiations, and more, it’s an involved and highly detailed process that requires a lot of expertise to navigate effectively. That’s…

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Why Selling Your House with a Real Estate Professional Is Essential

January 6, 2022

Selling your house is no simple task. And when you sell on your own – known as a FSBO (or For Sale by Owner) – you’re responsible for handling some of the more difficult aspects of the process without the expert guidance you need. The 2021 Profile of Home Buyers and Sellers from the National…

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