ARCHIVED BLOG POSTS
2011
2
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It takes money to buy a home: yours or theirs. If you're not going to pay cash for a home, you need to find out exactly what you can borrow and what it will cost before you start looking at homes. The mortgage process is not as clear cut a path as it was a few years ago. It is certainly more comp...
10/26/2011
Whether you rent or buy, you pay for the house you occupy. You must live somewhere and there's a price to pay for it. A simple analysis will show you whether it's cheaper to rent or buy. Some people don't have any choice but to rent because they don't have the means to qualify for a loan. But for...
10/25/2011
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In one of the best buyer markets ever, sellers are not really doing much to encourage purchasers to act now. Builders offer a variety of incentives such as upgrades, seller-paid closing costs, interest rate buy downs, washers, dryers, refrigerators or big screen TVs. Interestingly, much of the re...
10/25/2011
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One of the challenges buyers are having with financing may be their own understanding or lack thereof. In a recent survey done by research firm Ipsos for Zillow, a surprising number of incorrect answers to true or false questions were given by prospective buyers. Over 3/4 didn't realize how the m...
10/25/2011
2
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Donna HudsonCrye-Leikedonna.hudson@crye-leike.com A man was selling a property which was currently rented but had previously been his home for over two years. After discovering it had been rented for the last 2.5 years, it was asked if he had planned on taking the principal residences capital ...
10/25/2011
1
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Many homeowners are overlooking an opportunity to lower their property taxes by not challenging their tax assessment. Property values have decreased in the past two to three years and the assessment may not reflect the current market value. Deadlines are critical and if the challenge isn't made ...
10/18/2011
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In almost every state in the U.S., buyers have the option of being represented by their real estate agent. This relationship creates responsibilities that require the agent put their client's interests above their own. The duties a buyer or seller can expect to receive among others are honesty, a...
10/18/2011