Todd Musolff's (toddmusolff) Blog

Bob decides to sell his home. After living in it for years, Bob knows he has accumulated a good deal of equity. The property values have gone up, his mortgage balance has gone down, and Bob has made several home improvements that he knows will increase his home's value. Bob also knows how much hi...

It's no secret that the real estate market is not exactly what it was last year. Thing shave slowed down; there are fewer buyers looking, but still quite a few homes for sale.  So now may be a good time to revisit one of the ever-unpopular real estate subjects - how to set the listing price.  Or ...

Q: As a seller, how can I be sure the buyer can really get the loan?A: Although there is no 100% guarantee, your best bet is to ask for a pre-approval letter. To issue a preapproval, the lender will check the buyer's full credit report, look for any discrepancies or potential red flags, verifiy h...

Q: What is title insurance and why do I need it?A: Abraham Lincoln lost his home twice due to problems with the title. The purpose of title insurance is to help you avoid the same fate. Simply put, it insures you and your lender against errors or potential problems with the ownership documents of...

Q: I am selling my house; the inspection has revealed several defects that I am not willing to repair or pay for. What are my options?A: When a property inspection reveals defects, buyers typically request that the seller repair them within a certain deadline. As a seller you have several options...