Should millennials delay ownership for student loans? (9/23/2016)
An advice columnist for millennials suggests ways they can make their student loan debt more manageable – and clear the way for “a wedding, a downpayment and other trappings of adulthood.”
How to transform a fixer-upper (9/19/2016)
Investing in fixer-uppers requires a leap of faith and a vision of what the home could be. Turning real estate lemons into lemonade requires skill and patience.
Study: Education reduces foreclosures 42% (9/19/2016)
Research by Vanderbilt University’s Peabody College finds the odds of foreclosure are 42% lower among buyers who complete a homebuyer education class.
First-time buyers are slowly re-emerging (9/9/2016)
Realtor.com: In Aug. 2015, 35% of homebuyers identified as first-time buyers; one year later, that has increased to 51%. But many still face financial challenges.
4 common homebuyer oversights (8/31/2016)
Buyers often have a laser focus on mortgages and monthly payments, but they should also spend time studying HOAs, ownership expenses and neighborhoods.
Some rent-to-own agreements questioned (8/23/2016)
Rent-to-own contracts don’t follow the same legal rules, and not enough buyers talk to a real estate lawyer or home inspector before they sign an agreement.
Buyers want to build a home? It’ll take 7 months (8/17/2016)
Census Bureau: In the U.S. region that includes Fla., it takes about six months to build a new home plus 27 days for a permit to clear after contract signing.
Tight inventory could extend spring selling season (8/15/2016)
Parents like to home shop in the spring and close in summer to maintain school stability – but with fewer houses on the market, some may still be looking.
Turn renters into buyers by allaying their fears (8/8/2016)
About 7 in 10 renters fear homeownership. The reasons vary – but most focus on money, such as potential repair costs (36%) and the financial commitment (35%).
Buyer tech tools: Nearby jobs or commute times (7/8/2016)
How long would it take to commute to work from this listing? There’s a tech tool for that. How many nearby jobs are within walking distance or accessible via public transportation? There’s a tool for that too.
How to upsize on the cheap (7/1/2016)
It’s possible to buy a bigger home without paying big bucks. It may take more time or labor, but there are opportunities, especially for DIY buyers.
In a bidding war, the winning buyer is well armed (6/27/2016)
Many buyers with school-age children want a house immediately. Winners tend to be preapproved, and while personal letters can help, they’re no guarantee.
Avoid buyer remorse from commuting woes (6/22/2016)
As they search for a home, would-be buyers should weigh the average commute time for each property and consider the pros and cons, costs and more.
What happens to a home when couples divorce? (6/13/2016)
A divorcing couple’s home sale can be messy. In most cases, couples can sell and split the profit, buy their spouse’s share outright or negotiate a delayed buyout.
How to create an effective buyer questionnaire (5/18/2016)
A good questionnaire won’t confuse, annoy or alienate buyers, but it should quickly help an agent understand a buyer’s timelines, desires and influences.
NAR: New condo rules may help student debt challenge (5/11/2016)
HUD says changes are coming, but some lower-down mortgage rules already help – and a boost in FHA-approved condo loans should provide more starter homes.
‘Finding a good Realtor’ a transaction high point (5/10/2016)
TD Bank survey: When it comes to mortgages, buyers want access to information online, better training for frontline staff and more seminars or workshops.
Things you don’t want to hear at a home inspection (4/19/2016)
Almost any home problem can be fixed for a price, and many inspectors find little just-so-you-know problems. But old roofs, mold and HVAC repairs can be costly.
How to be a buyer in a sellers’ market (4/18/2016)
Competition can be fierce. Buyers hoping to succeed should be willing to act fast, get pre-qualified, limit contingencies and consider a larger geographic area.
3 steps for calming clients’ fears (4/14/2016)
If a buyer or seller appears calm, it’s probably an act. Home sales are as stressful as a death or marriage, and it’s important to help clients emotionally.
Buyers need a Realtor to compete in seller’s market (4/14/2016)
Potential homebuyers will have more trouble finding a Fla. home thanks to a meager 4.5-month listing inventory – and they should expect a bidding war if they do.
An open letter from millennials to Realtors (4/6/2016)
“Buying a home is terrifying,” says a millennial. But we expect transparency from a real estate agent “on a level that might make you a little uncomfortable.”