Tagged : Real Estate Agent

Found 7 blog entries tagged as "Real Estate Agent".

Buying a new home is exciting and confusing. There are a lot of steps to buying a home, and people have questions. These are the most common questions home buyers have, and the answers.

1. How do I get started? – The first step is to speak with a lender and get a pre-approval. This will tell you, and potential sellers, how much you can afford.

2. How long does it take to close on a home?– Typically, it takes about 30-45 days once contracts are signed to complete the lending, appraisal, and inspection processes.

3. What does my agent do?– A buyer’s agent will negotiate terms and manage the closing process from start to finish.

4. How much do I pay for a buyer’s agent?– Nothing. The seller’s agent gives the buyer’s agent a portion of their

277 Views, 0 Comments

Baby boomers have reached retirement age. This generation is healthier and more active than their predecessors and many want to age in a home of their own. Many of these potential home buyers have fixed incomes and with soaring home prices, they are unable to qualify for a new home when they are ready to downsize. This is where a Family Opportunity Mortgage can help.

A Family Opportunity Mortgage is backed by Fannie Mae and allows you to purchase a home for your elderly parents if they cannot qualify on their own, at the same favorable down payment and interest rates as a primary residence. This is a significant advantage over loan programs for second home or investment properties.

The terms of the loan program are simple. The borrower needs a

183 Views, 0 Comments

Buying or selling a home can be a stressful situation. When you are having issues with your agent, it can become untenable. The most common complaint from clients is that their agent does not communicate with them enough and aren’t responsive to their needs. While all relationships can have differences, how do you know if it’s time to fire your real estate agent?

If the relationship has reached the point where it’s unproductive, it’s typically better for both parties to terminate the agreement. If you find yourself dreading a conversation with your agent or if you complain about them to others, then you are wasting valuable time by trying to salvage the relationship and it may be time to move on.

Firing a real estate agent is not as simple as it

332 Views, 0 Comments

 

Real estate professionals are licensed by regulators in the state where they practice. A candidate must be sponsored by a licensed real estate broker, take state-approved training, pass the licensing test, and then join the sponsoring broker’s firm as a salesperson and agent of the broker.

State licensing laws allow certain types of representation in fairness to consumers. Some agents act as fiduciaries for their clients which means they owe loyalty to the one who hired them, but in that case, they also owe honesty and fairness to other parties in the transaction. Other agents act as facilitators which means they can work with both parties in the transaction honestly and fairly but they can’t show favoritism to either side.

A seller's

556 Views, 0 Comments


Whether you plan to buy a single-family home, condo, or townhouse, buying in a
new development can cause years of issues if you don’t choose a property with a
solid, reputable home builder.

It’s exciting to consider buying new construction, a brand-new home suited to
your specific needs and taste. Yet unlike the resale homes, there are no previous
owners to provide disclosures detailing issues with construction, lot, or property.
In this case, one is relying on the builder to provide a high-quality home in both
construction and materials.

As with any home purchase, doing your homework ahead of time can save you
thousands of dollars over the long run. Start by researching the builder of the
subdivision. Check for other projects, both current and past.

243 Views, 0 Comments

The strong seller’s market has prompted homeowners across the country to consider selling their homes. What if your property is a rental unit with tenants in place? Can you still sell and take advantage of the rising home values? Yes, by understanding the steps and following a few tips, you maximize your profit in this strong market.

The first step in selling your home with tenants in place is to understand your rights and responsibilities. The kind of lease you hold will determine if you can simply give notice to the tenants or if the new owners will buy the home with a lease in place. Only month-to-month leases can be terminated unilaterally with proper notice.

Next, meet with the tenants and discuss the situation. Explain your reasons for

261 Views, 0 Comments

The Fairytale Tudor

Great Britain’s Tudor reign spanned 1485 and 1603 and was unprecedented in terms of prosperity. International trade led to a great expansion in free-thinking and in – home design concepts, including new ideas like the decorative indoor fireplace with a mantle, hand-made rugs from the Orient as table coverings, and built-in cabinets and seating. 

Tudor style is down-to-earth and charming, and many urban homebuyers are enchanted by their asymmetrical designs, distinctive half-timber accents, deeply pitched roofs, leaded glass windows, gables, turrets, and brick or stone exteriors, accented by one or more large brick-patterned chimneys.  The entry is typically a plank style door with a rounded arch and iron hardware. 

Tudor

410 Views, 0 Comments