sales: Protesting Property Taxes
- 08/10/26 01:11 PM
Do’s for a Successful Protest
File on time. The deadline for a written protest is May 15 or within 30 days of the date your appraised value notice is mailed. Missing this deadline usually forfeits your right to appeal for the year.
Research for Unequal Appraisals Values Within the Current Subdivision. This lets you claim that your home's appraised value is inaccurate or higher than that of similar properties. Review all available options before filing.
It is important to collect pertinent market evidence. Concentrate on sales of comparable properties completed near January 1. Consider consulting a real estate professional for a list of recent comparables … (1 comments)
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sales: Common Mistakes Bidding on a House
- 04/13/26 06:48 PM
Understanding Common Mistakes When Bidding on a Home
Many buyers make errors during the bidding process that can cost them the opportunity to purchase their desired home. One of the most frequent mistakes is failing to understand the market in which they are bidding. It is essential for buyers to research and comprehend the local market conditions to ensure their offer is competitive and fair to the seller.
Evaluating Comparable Sales
Another important step is to consider comparable sales in the immediate area. Buyers should review recent sales of similar homes nearby to gauge the appropriate price for their bid. Ignoring these sales can … (3 comments)
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sales: Home Builders Incentives
- 11/12/25 06:16 AM
Currently, many home buyers are turning to new home builders to purchase their home. Many times, home buyers are finding the best deals with builders. The reason why this is happening, builders have a large inventory of finished houses which means they are motivated to sell. They are businessmen, they want to sell before they create more inventory which works in buyers’ favor. Builders inventory has increased and many of spec builders have pulled back on building more homes and offering more incentives or reducing the list price to lower the inventory. Reducing list prices appears to be the most popular. … (2 comments)
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sales: Buying a Home is Shifting in Favor of Buyers
- 08/20/24 06:32 AM
Recently the National Association of Realtors (NAR) has been stating that home sales have been falling, even as home prices have been rising. They are saying opportunities for home buyers are opening up. Currently median home prices and interest rates are higher, and this is making buyers skittish, but this may not last much longer. Home sales have dropped slightly over the past year and the median price has reached a high point in many locations. Now supply and demand have neared a balance market, and the inventory of houses has reached the highest point in four years, moving into a … (5 comments)
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sales: Ways Inflation Could Affect 2024 Housing
- 01/09/24 06:29 AM
People across the nation have felt the effects of inflation. Mortgage rates have caused a slowdown in the housing market and home buyers have delayed purchasing a new one, but homes prices have remained strong during this period. Before deciding to sell your home examine the current market in your immediate area and listen to what experts are saying about inflation and how it will affect the housing market. For instance, Goldman Sachs is saying there will be strong income growth and interest rates hikes are a thing of the past for 2024. While Morningstar is expecting a decline in inflation … (1 comments)
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sales: Unusual Housing Market
- 07/07/22 09:51 AM
National Association of Realtors (NAR) says in a report that we are in an unusual housing market. Existing home sales have fallen recently, but buyers are still anxious to purchase a home. Mortgage rates and sales prices are higher, and currently experiencing low inventory of existing homes for sale. This leads to an affordability issue with many home buyers. Number of homes for sale are rising, but homes sales are slowing down recently. With higher home prices and mortgage rates, number of sales may continue to decline. Recently, NAR published indicators in their housing report:
Home prices – Home prices are … (1 comments)
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sales: Possible Calmer Housing Market in The Future
- 05/17/22 07:02 AM
The housing market is beginning to show signs of getting back to normal. This is indicated by fewer contract signings and decrease in pending home sales recently. The only area that has seen an increased number of sales is the northeast. With fewer contract signings this is an indication that the market may be calming and moving towards a more normal market condition. Now that interest rates are increasing this reduces the number of potential buyers, therefore slowing the number of homes being sold. The desire to purchase a new home remains strong, but the financial ability has become a limiting … (2 comments)
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sales: Tips To Sell Your Home
- 09/02/21 08:07 AM
Many home buyers have regrets after they buy their new home. Similar thing happens when seller trying to determine whether to sell their home. Many sellers ask themselves what if? Would it be better to wait to sell? Should I negotiate differently? Should I make more improvements to my property? With a lot of money on the line and having little experience selling a home, you may want to pause and do some research before selling a house. Following are some home selling tips:
Determine if you ready to sell – Selling your home is both a financial decision and emotional experience. … (1 comments)
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sales: Mall Developers Try to Survive by Reinventing
- 03/11/20 05:49 AM
Many of the nations’ retail malls are experiencing difficult time surviving in today’s brick and mortar stores. This is due to increase sales resulting from on-line orders and quickly delivered to your front door. In addition, creates convenience to the consumer by allowing them to save time and money. Many malls are trying to reinvent themselves by adding entertainment and restaurants to anchor their business. Their intent is to reinvent themselves as theater district for entertainment and socialization while supporting shopping. They are trying to accomplish that by converting anchor stores into indoor entertainment areas, such as, go-karts, ice rings, and … (0 comments)
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sales: Homeowners Increase Equity Value Over Past Year
- 06/13/19 05:56 AM
Per the National Association of Realtors (NAR) recent survey shows metro home values have increased approximately 4% in first quarter of 2019. Countrywide, the median price is $254,000 for a single-family dwelling. Within the 86% measured markets, single-family home prices rose, of those 13 metro markets realized double-digit increases. This reflects the fact that a typical homeowner has seen a $9,500 increase equity over the past year. With these higher home prices this is creating an affordability issue, median incomes have risen to $77,752 in the first quarter of 2019. Now a home buyer who is making a 5% down payment … (1 comments)
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sales: Looking Ahead Per Freddie Max
- 10/09/17 05:31 AM
The last few years there has been approximately 2% economic growth which has created economic environment that is favorable for housing and mortgage markets. This environment is expected to continue into 2018. Prior year’s home sales growth has been the highest since 2007, and going forward expected home sales to be primarily driven by new home sales. According to FHFA house price index, there was a 6.6% house price rise from the 2nd quarter of 2016 to the 2nd quarter of 2017, but expect a lower rise in house prices in 2018 due an expected rise in housing starts, and gradual … (1 comments)
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sales: Pros and Cons for Home Remodeling
- 11/29/16 05:50 AM
Remodeling or adding a home addition can be a great idea and good investment. Some things that affect the effectiveness of such a project are interest rates, property values and length of time you will enjoy the completed project. Before moving forward with such a project, you may want to consider the following items before making your final decision:
Additional expense – The cost of the project is probably first major consideration prior to beginning the project. Need to estimate the cost of the project and be prepared to accept some cost overruns when unexpected things occur. If you are making an … (2 comments)
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sales: Do Knots That May Cause Your Home Not Too Sell
- 09/07/16 02:50 AM
When selling your home, it usually has its challenges, such as, preparing the property to show, selecting the proper realtor to sell your house, and timing the sale of your current property to correspond with your move into your new home. Whatever your circumstances are, you need to have a smooth sale, and the sale occurs quickly. In order for this to happen, there are few things you should consider not doing:
Taking your own photos - Have professional photos taken and many homes should include a virtual tour. Most home buyers are looking online first, which makes this is extremely important. … (1 comments)
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sales: Understanding Buyer’s Offer
- 10/20/14 12:55 AM
After putting your home on the market, you finally receive an offer from a buyer. If you receive multiple offers, you are going to want your realtor to notify all potential buyers that you are in multi-offer environment and give the potential buyer’s approximately 24 hours to submit their final and best offer. After this has occurred, you will evaluate the offers. Do not get carried away with the dollar offer, be sure to evaluate all the other terms within the offer. Remember seller concessions which may include: personal, or real property, and/or seller contributing to the buyer’s closing cost which … (4 comments)
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sales: Home Seller Mistakes
- 03/14/14 12:09 AM
When home sellers get ready to sell their property they need to be sure they are not taking some inappropriate steps. Prior to making any major updates to your home get opinions from professionals and friends, otherwise, this may severely affect your bottom line in a negative way. Following is a list key seller mistakes:
· Putting the property on the market before it is ready. Most visitors view the property at the front-end of the sales cycle. Therefore, complete all repairs and updating of the property before marketing. In addition, have a complete set of photos and flyers available, … (1 comments)
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sales: Cost Associated With Net Profit
- 01/15/14 10:32 PM
Sellers many times like to estimate the cost to sell their home prior to making a formal commitment. A seller is likely to experience 7 to 8 percent of sales price as the cost to sell their home. Once you make the commitment to sell, you will need to understand whether you are receiving a good or bad offer from a potential buyer. Prior to your receiving your buyer’s offer, you should get an estimated net proceeds worksheet from your realtor. This document should define the estimated cost associated with selling your property. Following are some cost and fees associated when … (0 comments)
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sales: Key Factors When Negotiating In Real Estate
- 05/13/13 12:48 AM
Everyone wants to be successful in the real estate marketplace. The transaction process is unique, and can be very complex. Both buyer and seller desire to have a favorable outcome in which they feel they were successful in the negotiating process. Each party to a contract needs to develop a strong bargaining position so they can realize the most from the transaction. Following are keys that will help you when negotiating:
· Determine the market environment – Is it a buyer or seller’s market, or is it an environment where supply and demand are about equal? It is better … (3 comments)
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sales: Comparable Sales Help Determine Market Value
- 03/13/13 10:45 PM
Many homeowners who are considering selling their home, or desire to stay abreast with market values within their neighborhood, do a market analysis of their property. In addition, it is important for buyer to have a market analysis of properties prior to making an offer on a house. This can be extremely important depending on the type of financing the buyer is seeking, and the amount of the offer. The best way to determine market value for a house is to do a comparable sales analysis of sold homes in the immediate neighborhood. The market analysis is normally completed by real estate … (0 comments)
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sales: Art of Determining List Price
- 08/22/12 12:02 AM
All homeowners desire to get highest price out of their home when selling. In order to get the optimal price there needs to be research done on similar properties, location, and must have knowledge on how much a buyer is willing to pay for the home. Pricing the home correctly will attract showings, and generate offers. One thing the seller must remember is that price is the most important factor in getting potential buyers to view your home. Also, the seller must realize that the buyer determines the selling price. Here are some tips that indicate the correct list price was use:
… (2 comments)
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sales: Understanding a Home Offer
- 02/28/12 11:38 PM
Prior to receiving an offer for your property, it is good idea to become familiar with a sales contract. This will give the seller a head start on understanding what they might receive in an offer. Initially, the seller is most interested in the sales price, but the seller needs to give serious consideration to the other terms within the offer. It is possible the seller may receive a full price offer, but net $15,000 or more under the asking price. Following is a suggested way to break down an offer on your property:
· Purchase price - The sales price … (2 comments)
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Do’s for a Successful Protest 
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