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Why You Should Have A Home Inspection Before You List
by Kavita Kadiwar
Why You Should Have A Home Inspection Before You List One of the largest home sale killers is the home inspection. Nearly one-third of all terminated real estate contracts fall apart because of the inspection results. Inspections also ranked as the number three cause of delayed settlements, accounting for 13 percent. For some reason - and I’ll never get it - a home inspection that comes back with anything less than a perfect report strikes fear into the hearts of buyer agents and...
Read MoreYour home is under contract, what’s next?
by Kavita Kadiwar
Your home is under contract, what’s next? Great news, you’ve put your dream home under contract and you’re excited to move in one day soon. That said, there’s a lot that has to happen before you can take occupancy: home inspection, appraisal, financing paperwork, contingencies and other requirements necessary to close. Here’s what you can expect to happen over the coming weeks. Due Diligence Now that the home is yours to negotiate...
Read MoreWhat will be your payment on your new home?
by Kavita Kadiwar
What will be your payment on your new home? Buying a new home can be overwhelming. Between understanding the financial aspects of your loan and all the paperwork required to buy your home, things can get a little crazy. One of the biggest parts of getting a new home is figuring out the terms and conditions of your mortgage. Two of the biggest areas that impact your loan are your credit and your down payment. In this post, we’ll cover both and also explain how to determine the...
Read MoreWhat's happening in the Portland real estate market?
by Yamuna Benedict
. Portland Real Estate Market Continues to Shine in November 2023 The Portland real estate market is booming in November 2023. With limited inventory and houses selling quickly, home buyers have many reasons to be optimistic for a successful home search experience. Current statistics show that the inventory of available homes is the lowest it has been in years. For the 10th consecutive month, the inventory has continued to stay below 3,000 listings which is a reliable indicator of a seller’s...
Read MoreHow To Leverage High Interest Rates
by James Johnson
. Leveraging High Interest Rates in a Current Real Estate Market The current real estate market offers great opportunities for buyers and sellers alike, thanks to its combination of low prices and high interest rates. That being said, it can also be daunting to navigate high interest rates in order to benefit from them. Fortunately, with the right guidance, it is possible to leverage high interest rates in this market in order to get the best deal. Understand Interest Rates The first step in leveraging...
Read MoreThe Best Time To Buy Is When Interest Rates are High
by James Johnson
The Best Time To Buy Is When Interest Rates are High Interest rates are a hot topic of conversation in the housing market. While low interest rates are traditionally viewed as the best time to buy a house, smart home buyers are now taking a closer look at the impact higher interest rates have on the purchase of a home. Here are 4 reasons to consider the purchase of a home when interest rates are high. 1. Home Prices Are Stable or on the Decline When interest rates rise, home prices tend to remain...
Read MoreHow to Properly Winterize Your Home
by James Johnson
How to Properly Winterize Your Home Winterizing your home is important for saving energy, preventing damage, and keeping your family warm. With the right preparation and resources, you can winterize your home like a professional. Here are some tips to help you get started. Clean Rain Gutters Before it Snows Cleaning your gutters is essential for ensuring that your roof and gutters are free of leaves and other debris before the snow arrives. Additionally, make sure to check for damaged or missing...
Read MoreIf your home inspection report comes back bad, now what?
by Beth Lerner
If your home inspection report comes back bad, now what? One of the biggest deal killers for any real estate transaction is the home inspection. It strikes fear into the hearts of sellers and buyers...even though virtually everything about a home can be repaired or replaced. The good news is that if you have a great real estate agent and a competent home inspector, you can usually handle a failed inspection report properly without having to panic in the process. The key thing to remember...
Read MoreWhat is the Interest write off deduction?
by Beth Lerner
What is the Interest write off deduction? Tax deductible interest is a borrowing expense that a taxpayer can claim on a federal or state tax return to reduce taxable income. Mortgage interest for both first and second (home equity) mortgages, mortgage interest for investment properties are among the list of deductions you can take on your taxes. This is another reason why owning a home is more favorable than renting. In addition to building equity in a home that you can call yours, you...
Read MoreWhy landscaping can make your home sell faster and for more money
by Beth Lerner
Why landscaping can make your home sell faster and for more money Plain and simple, the quality of your landscaping determines whether or not your home feels inviting from the outside. Curb appeal is what people call it and it’s a key ingredient in the decision to buy a home to more than 71 percent of homebuyers. As you know, landscaping plays a huge role in the curb appeal that you present to prospective buyers for your home. The first impression is key: if buyers don’t like...
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