Home Sales

Home Sales

Home Sales

Tips for First Time Home Buyers
Buying a home can be a long, complicated and frightening process, and it is important to be prepared. Knowledge is power when it comes to negotiating the difficult world of home prices, interest rates and mortgage loans. For a first time home buyer, the more information you can gather before you start shopping, the better off you will be.

How to Sell Your Home in a Slow Market
Learn how to sell your home in the current real estate market. Knowing how to prepare your home for sale, when to allow access for showings, and how you can offer buyer incentives will help you find the right buyer, even in a declining market.

Foreclosures and the Housing Crisis
The housing crisis is causing a mess, because of lower home values and massive foreclosures, often blamed on the sub-prime mortgage industry and unethical loan officers. Find out what started the boom, and how that led to the current bust.

Cleaning Up Your Credit
Mortgage lenders generally check with three credit bureaus in order to evaluate your past payment history. Your goal in cleaning up your credit report should be to clean up each of the three bureaus. If you only work on one, this does not effect the reporting to the other bureaus.

Should You Start with a High Sales Price?
Because of the change in real estate market conditions, more sellers are competing for fewer home buyers. Therefore, it is important to challenge a long-standing “myth” of real estate, that the initial listing price is not that important because it can always be adjusted down later. Find out why making this mistake can prove so costly.

Foreclosure Rescue Bill Explained
The foreclosure and housing “stabilization” bill made its way through Congress and the President, who initially promised to veto it, signed it into law. To qualify for the new Federal Housing Administration (FHA) loan requires you to have a loan-to-value of 90% or less, including the up-front mortgage insurance premium.

Is It Time to Renovate or Repair Your Home?
Learn how a homeowner should choose between home renovation and home repairs. Find out which of today’s home construction items are worth renovating and which ones are better off repaired.