The Average Costs of Homeownership Over the First Year
November 03, 2021
The first year of homeownership can be one of the most expensive years. After all, new homeowners are paying for the down payment, closing fees, and the costs of moving in, while outfitting their new home.SmartAsset evaluated data across the 20 largest cities to find which areas have the highest first-year housing costs. They factored in six metrics: ...
Where Zillow says home prices are headed in 2022
November 02, 2021
While the housing market is still very much a seller’s market, things are clearly shifting a bit. More homes are coming on the market, and we’ve seen a big decline in the number of bidding wars.That said, buyers shouldn’t pencil in a price correction, according to Zillow’s forecast model.Over the next ...
Real Estate in the winter
November 01, 2021
Real Estate in the wintertime. Winter is usually considered to be a slow time in the market. The holidays approach, the weather is less cooperative, buyers tend to focus on other events and everyone says "Im waiting till spring."Not this winter, not this year! The housing market is still strong, there are still ...
What is an AS IS home sale?
October 27, 2021
An AS IS sale typically means that the seller is not willing to make any repairs to the property or renegotiate the sales price due to repairs. This includes any repairs that are discovered during inspections or are required for appraisal. The property is being sold in its current condition. This type of sale is usually used with bank ...
BENEFITS of BUYING A HUD HOME and FHA
October 26, 2021
BENEFITS of BUYING A HUD HOME and FHABy Tom Nelson HUD-LLBOctober 25, 2021 Many people have heard of HUD homes but are not sure what they are and how to buy them. This snippet may help you understand the advantages of buying a HUD home and FHA insured loans/mortgages.Hud homes are those properties that have been turned ...
The Benefits of Working With an Experienced Real Estate Agent
October 25, 2021
The Benefits of Working With an Experienced Real Estate Agent Buying and selling real estate is the most important & expensive purchase people make in their lifetime. Working with a Real estate professional can make the process easier and more efficient, by the knowledge and experience they bring to the tableTop Reasons for hiring a Realtor Market Knowledge ...
Key facts of a home inspection
October 25, 2021
When buying a home it is wise to perform a private home inspection. A home inspection gives the buyer more detailed information about the overall condition of the home. You must request a home inspection on your purchase agreement and typically a buyer will have an inspection period. A buyer may be able to make ...
Using Drones for Marketing HUD Real Estate Listings
October 22, 2021
Real estate agents have increasingly turned to drones to capture some of their most captivating listing photos. After all, what better way to showcase a home’s assets? Aerial photography using drones is one of the best way real estate agents can make their listings stand out.Using drones for my HUD listings is another tool that I’...
The Importance of being a good Agent
October 20, 2021
What kind of Real Estate Agent are you? This is an important questions to ask yourself. Clients are looking for knowledgeable and reliable Agents who know the field and the everyday changes that come along. Always keep up with your States Real Estate Rules and review the information of changes that Agents are provided. Documents are always changing ...
Easy fall projects for your home
October 19, 2021
While the weather is still nice, fall is a great time to take advantage before the weather turns to cold and snow.After the first frost is a great time to cut back flowers and plants. If you have roses, then make sure to get a rose cone and keep a stone on top to repvent strong winds ...
Staging vs. Non-staged
October 19, 2021
STAGING VS. NON-STAGEDWe wanted to give you the most convincing proof possible. Many people find it hard to believe that the simple act of staging helps one home sell for more than another, similar home.In our research, We looked for examples of similar houses being sold for differing amounts of money where only one of the two houses ...
Housing Affordability is up!
October 18, 2021
Great news recently as the National Association of Realtors announced affordability rose in August for the second month in a row. At 151.3, it’s below a year ago, but scores over 100 say a family with the median income earns more than enough to afford a median-priced home.According to Freddie Mac’s chief economist, “Historically ...
National Association of Hispanic Real Estate Professionals®️.
October 18, 2021
The State of Hispanic Homeownership Report®️ is a publication of the National Association of Hispanic Real Estate Professionals®️.2020 State of Hispanic Homeownership ReportThe Latino homeownership rate increased again in 2020 for the sixth consecutive year despite the health and economic damages of the COVID-19 pandemic. Housing inventory remains the main barrier to increasing Hispanic homeownership, and ...
Homes Loans for Health Care professionals
October 15, 2021
Homes for HeroesLearn about the different types of home loans and savings available to healthcare professionals including nurses, physicians and more. We break down the pros and cons to each financing option, and provide information on programs specific for healthcare that you can use in conjunction with your USDA, FHA or conventional home loan to save you the most ...
What does EMD stand for and how does it work?
October 15, 2021
EMD stands for Earnest Money Deposit. It’s basically good faith money you put towards the real estate you are trying to acquire. This money is usually held by an independent 3rd party (such as a Real Estate Broker or a Title Agency) and is a credit to you towards the purchase price. This money is ...
“I’m In ‘Love!’…So I’ll Write The Seller a Love Letter”….Smart Move or Not?
October 15, 2021
Let's talk a little bit about love. I mean, love and real estate go hand-in-hand, right? Well maybe not in the literal sense, but sometimes a person can love a house that they want to purchase so much that they would be willing to show that love to whatever extent possible. This often leads to buyers wanting to ...
8 MAJOR REASONS / WHY INVEST
October 15, 2021
https://finance.yahoo.com/news/8-major-reasons-why-invest-175703808.html ...
Invest in Real Estate-Still Good Option
October 15, 2021
Investing in real estate isn’t just for the rich and famous. Anyone can do it, even if you only have a small down payment. With the right preparation and research, anyone can enjoy the profits real estate offers.Who Should Invest In Real Estate?You don’t have to be a specific type of person or have ...
Price Reductions!
October 15, 2021
Two of the biggest reasons a home does not sell is due to overpricing and the condition of the home not being in move in ready shape for the average buyers. Condition issues with a home can always be dealt with through proper pricing as for every home there is a buyer when the price is right....
NEW FEMA FLOOD INSURANCE RATES – WHO’S EFFECTED?
October 14, 2021
Starting 10/1/2021 new FEMA flood insurance policies and later will be priced using a Risk Rating 2.0. Policyholders that are eligible for renewal can take advantage of decreased rates. In cases where premium increases they will be capped at18% a year and will gradually increase until your new full flood insurance rate has been reached under ...
For Sale 2 bathrooms!!
October 14, 2021
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Available HUD Home In Bloomfield Twp. MI
October 14, 2021
HUD Home. Cozy brick ranch nestled on a great lot featuring a nice size eat in kitchen with plenty of cabinet space. A great family room with a natural wood burning fireplace and sliding door to the patio area overlooking the back yard. Master bedroom with full bath, attached garage and much more. With 3 bedrooms, 2 full ...
Preapproved from home.
October 14, 2021
Pre-approved from home. [A New Way Home]Speaking with a mortgage professional and getting preapproved is the first step on the road to homeownership. Getting preapproved will give you a solid understanding of what you can (and can't) afford so you won't waste any time or headache falling in love with homes out of your price range....
Be Prepared!
October 13, 2021
“Be Prepared!” That was the motto that many of us were grew up with. Showing and selling HUD Homes is no exception. Taking the time to gather the essential items can make all the difference.Before you and your clients head to the house to see it, having some basic information about the home is vital. A ...
Case Study: Property Inspection Reporting
October 12, 2021
Case Study: Property Inspection Reporting Client: Nationwide Bank The ChallengeDuring an occupancy inspection for National Bank, a neighbor informed us that she had not seen the occupant in several days and feared she had already moved out leaving her 5 cats behind. The SolutionParkvue Realty contacted the authorities who informed us that the owner (bank) was responsible for ...
