Monthly Archives: October 2018

Discover the Home’s Past the Seller Won’t Tell You

Stigmatized properties, no matter where they’re located, aren’t always obvious. You might expect a seller or listing agent to reveal details about a home’s past that are pertinent to the sale, but they’re not always required to do so. Most … Continue reading

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How to Create a Welcoming Entryway

Don’t discount the entryway with staging, even if it’s tight on space. It’s the first area that potential buyers see as they walk in the front door. It’s your chance to make them feel welcome and fall in love with … Continue reading

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Millennials: Homebuying, Retiring Prioritized Over Marriage

First comes the house and then maybe marriage or children, according to surveyed millennials detailed in Bank of America’s 2018 Homebuyer Insights Report, which was culled from 2,000 consumer responses. The survey finds that 23- to 40-year-olds value homeownership above … Continue reading

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Two-Thirds of Buyers Fail to Shop Around for a Mortgage

Many buyers may be potentially leaving money on the table by failing to contact more than one lender when shopping for a mortgage. Two-thirds—or 65 percent—of 1,000 buyers recently surveyed said they didn’t shop around for a mortgage, despite it … Continue reading

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What Buyers Should Ask After a Home Inspection

After an inspector has finished a home report, buyers may feel overwhelmed by any flaws that might have been found. That’s why it’s important they take the opportunity to learn more so that they can move forward confidently in the … Continue reading

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High Debt-to-Income Ratios Prompt More Mortgage Denials

A high debt-to-income ratio has superseded poor credit history as the number one obstacle for mortgage applicants, according to real estate data firm CoreLogic. Though the number of borrowers who have been denied a mortgage has steadily declined over the … Continue reading

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Millennial Buyers Aid Rust Belt Resurgence

More young adults in search of affordable housing are moving to states like Ohio, Michigan, and Wisconsin. This area of the country—known as the Rust Belt—has seen its population decline in recent years, mostly from the loss of manufacturing and … Continue reading

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Homeowner’s Lack of Flood Insurance Costs Billions

In the aftermath of Hurricane Florence, a new problem is surfacing: The shrinking number of households that have flood insurance. Flood damage is not included in a standard homeowners’ insurance policy. So if a mortgage lender does not require a … Continue reading

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Market Shifting to Buyer’s Favor

A housing market defined by rapidly rising home prices, bidding wars, a lack of inventory, and sellers with the upper hand in negotiations may be changing. “The signs are pointing to a market that’s shifting toward buyers,” says Danielle Hale, … Continue reading

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Reasons You Should House Hunt in the Fall

The frenzy of the summer real estate market has cooled by the seemingly very same breeze sweeping leaves off the trees across much of the country. But now may be a better time than ever for your to house hunt. … Continue reading

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