The opinion of homebuyers’ children has a big sway in real estate decisions, a new survey finds. Fifty-five percent of homeowners surveyed say that their children under the age of 18 have an opinion on which home to buy, according to a new Harris Poll Survey commissioned by SunTrust Mortgage of more than 2,000 adults. Read more HERE.
Many house hunters are under the mistaken impression that new construction is flawless. In reality, there can be just as many inspection issues with new builds as there are with resale properties. On the other hand, new homes do have some advantages because they’re not worn. Here are three pros and three cons of new construction.
Real estate experts warn that even if they are eligible, home buyers may not want to bypass the appraisal. Read more HERE.
Purchase-rehab loans, recently unveiled by the Department of Veterans Affairs, would cover renovation costs and provide another avenue for military vets to take advantage of no-down VA loans. Read more HERE.
If you aren’t looking forward to negotiating on a home sale (or any other issue) these tips may help.
Regardless of its size, a home’s outdoor space should be a showpiece in a listing.
Designers offered up some of their trend insights to realtor.com® for homeowners or sellers trying to maximize a home’s outdoor potential.
An inspector can walk homeowners around the property to show them any potential problems they spot. Homeowners will receive a report that details anything the inspector finds as well, which can serve as a to-do list to address, if they so wish. For more information on a home inspection, even when you’re not selling or planning to sell, click HERE.
If you want to sell a home for the most money, list it on a Wednesday. If you want to sell it in the fastest amount of time, list on a Thursday. These are the findings from a recent Redfin study, which analyzed a sample of 100,000 homes that sold in 2017.
Many buyers are offering more than the asking price on properties undergoing bidding wars, but when the appraisal reveals the true market value of the home, they may find they’ve agreed to pay too much. Bankrate.com recently offered some tips for protecting your transactions from low appraisals.
Bathrooms have overtaken kitchens as the most popular remodeling project, according to a newly released survey by the National Association of Home Builders.