An often repeated mantra of real estate is “Location, Location, Location.” This phrase has long held a connotation that the single greatest factor of importance when buying or selling a home is its location. Are buyers motivated by the square footage of a home? Its layout? Its age? Its quality of finishes? Its size? Its …
Does “Location, Location, Location” Still Matter in 2023? Read More »
While it could be exhausting to live in your home like you are always on the verge of trying to sell it, it does make sense to keep in mind several home maintenance steps that usually provide a huge payoff when the time does come to sell your home. Thankfully, most of these items only …
10 Small Home Maintenance Steps that Payoff Big When You Sell Your Home Read More »
If you are a homeowner, you know that property surveys are completed to establish and validate land boundaries. This includes the plot of land a home sits on, as well as any below-the-surface improvements such as a well or a septic tank. Surveys also identify other conditions or possible restrictions that deal with the legal …
3 Ways Drones and Aerial Footage of Your Home Can Be Used with Your Property Survey Read More »
Social media is one of the most hotly debated topics among nearly every generation. From its inherent benefits to its frustrations and its dangers, most of the time when you hold up social media and evaluate its merits on nearly any area of your life, asking questions like, “Is it helpful or harmful?,” or “Should …
Should You Rely on Social Media to Sell Your Home? Read More »
Historical Context According to some historians, real estate open houses, or similar concepts date back as early as the 1910s. Then called an “open for inspection,” event, buyers would open their homes to the public so that interested parties could step inside and inspect the home’s features. Over the next 20-30 years, a variation of …
Within the last 12-18 months, the national real estate market has experienced historic, nearly unprecedented trends. Home buyers have foregone inspections and appraisals. Sellers have gotten multiple offers even before a multiple listing service (MLS) link goes live. They have offered over asking price, putting large sums of cash to cover a sale beyond what …
How to Know When It’s Time to Lower Your Listing Price Read More »
Over the past few years, with the pandemic, and in particular the supply chain issues that have affected both the cost and availability of materials for new build construction homes, more people than ever have been buying older, existing homes. Additionally, with the unprecedentedly hot housing market, many people are considering striking while the iron …
Which Renovations Add the Most Value to Your Home Read More »
Whether you are on the buying or selling end of a real estate transaction, the transfer of ownership of a home is likely one of the largest financial transactions most people encounter in their lifetimes. For this reason, it is important to understand the most common fees when buying or selling a home. Seller Costs …
Earnest Money Defined If the word “earnest” is defined as showing sincere and intense conviction, then “earnest money” can be considered the good faith deposit in a real estate transaction that shows a buyer’s sincere and intense conviction (interest) to purchase the home upon agreement of a signed contract. Essentially, earnest money is a deposit …
Escrow Defined Escrow is a legal arrangement in which a third party temporarily holds money or property until a particular condition has been met (such as the fulfillment of a purchase agreement). Who Is Involved with Escrow? There is a litany of people who are involved when it comes to escrow. First, there is the …
