Earnest money mistakes are not uncommon in real estate. Navigating real estate transactions can feel like walking through a minefield, fraught with potential missteps at every turn. Among the most commonly misunderstood elements is earnest money deposits – a crucial aspect that, if mishandled, can lead to costly consequences and delay your dream of homeownership. […]
What Are FHA 203(k) Rehab Loans and How Do They Work
Over my years as a real estate agent, several home buyers have asked me about buying and fixing a house with one loan. The best method for doing so is an FHA 203k loan. 203k FHA loans are also referred to as FHA construction loans. If you want to buy a home that you can […]
House History Deaths By Address Free
One of the questions people often ask themselves is, “Did someone die in my house.” Others will wonder what happened in my house before I lived there. Living in a house where someone died is no big deal for some. For others, it can be a concern, Searching for your ideal home can take time. […]
Tips on How to Get a Home Mortgage Loan
Preparation For Getting a Home Loan Are you looking at how to get a mortgage? If so, thinking about owning your first place is probably exciting. Buying a house is a big deal. Every buyer should think about how to prepare to get a mortgage before making a home purchase! One of the things that […]
How to Get a Pre-Approval For a Mortgage
When buying your first house, understanding pre-approval for a mortgage becomes essential. Many first-time buyers will seek knowledge on how to get pre-approved for a mortgage. Some will hear mortgage pre-qualification vs. pre-approval and wonder if there is a difference. There has been some confusion among those looking to buy a home and qualify for […]
What Are FHA Loans Including Requirements, Loan Limits, and Rates
Are you wondering what an FHA loan is and how it works? Over my thirty-eight years as a real estate agent, many clients have asked me about FHA loans and whether they would be a good mortgage choice. FHA mortgage loans are a staple for many homebuyers. When considering buying a house, you will want […]
Loans For Construction: How They Work, Rates, and More
Are you considering getting a home construction loan? Do you want to know how a construction loan works? Construction loans are popular options when one owns the land and wants to build a custom home. When building your own house, you will likely need a construction loan. If you have ever gotten a mortgage, you […]
What is Due Diligence in Real Estate?
Check For Potential Issues When Buying Your First House Do you understand what’s needed for due diligence in real estate to be completed? If you are a first-time homebuyer, you are probably doing all the research to ensure you don’t make any mistakes. Performing due diligence increases the odds that you won’t regret purchasing. The […]
Everything You Need to Know About Townhouses
The Ultimate Guide to Understanding Townhouses Are you thinking about buying a townhouse? Many potential buyers ask what a townhouse is. Townhouses are once again becoming popular with homebuyers. The increased popularity is thanks to buyers looking for low-maintenance homes near amenities they can walk to and offer better value. Many people purchase a townhouse […]
Understanding and Defining The Common MLS Listing Statuses and Abbreviations
Have you ever looked at real estate listings online on your favorite sites and had no idea what a listing status meant? If so, you’re not alone. Many listing status abbreviations are confusing to buyers and sellers. Understanding the various multiple listing service (MLS) statuses in real estate is crucial for buyers, sellers, and new […]