As the spring housing market kicks off, you likely want to know what you can expect this season when it comes to buying or selling a house. While there are multiple factors causing some uncertainty, including the conflict overseas, rising inflation, and the first rate increase from the Federal Reserve in over three years — the housing market seems to be relatively immune. Here’s a look at...
You are ready to buy a house, and it seems every time you look at one, another REALTOR® calls. It is enough to make you want to do it on your own, and it is possible ,but should you? Buying a home without a professional can be much more difficult, and here's why: You Won't Have As Much Market Knowledge. A good REALTOR® will listen to you and know what you need in a home and then go find...
Hot Market This is an extremely competitive market and is advantageous to the seller. Sometimes, homes will sell as soon as they are listed or even before homes are listed. Typically, during a hot market, multiple offers will be made on each home and more often than not, homes will sell for more than the asking price. It is even more crucial to be prepared and to be ready as a buyer when the market is hot....
When reading an offer, keep in mind that you are out to get the best price AND the best terms for you. If you focus solely on the price, you may overlook terms that could be favorable to you as a seller. Some terms that may work in your favor: higher-than-market-interest in a second mortgage for your home the buyer will pay for most or all of the closing costs the buyer will take care of any...
FSBO (pronounced fizz-bo), or For Sale By Owner, is a way of selling your home without the use of a professional real estate agent or broker. The idea behind FSBO is that by selling your home yourself, you save the approximate 6% that would be the agents’ commission. 6% may not sound like a lot, but it can add up, especially on more expensive homes. But before you run off and decide to sell your home...
It used to be that buyers could go house shopping and when they have found their dream home, then they go to get pre-approved. However, in today’s market, that has proven to be one of the least effective methods in landing the dream home. Most lenders can pre-qualify you for a mortgage over the phone. Based on general questions about your income, debt, assets, and credit history, lenders can estimate...
Your First Step Toward Buying a Home When preparing to buy a home, the first thing many homebuyers do is look at the real estate ads in newspapers, magazines and listings on the Internet. Some potential buyers read how-to articles like this one. The next thing you should do - before you call on an ad, before you talk to a REALTOR®, before you shop for interest rates - is look at your...
Lake Murray - or “Miss Murray” as the locals say - is located in the center of South Carolina. Makes for easy traveling anywhere you want to go. The lake is huge – it’s the 10th largest man-made lake in the United States and covers about 50,000 acres with over 600 miles of shoreline. It’s 41 miles long, 14 miles at its widest point, 190 feet at its deepest point, and extends into four...
#1 - Over 150 million people visit Lake Murray each year. #2 - There are no hotels on the lake! If you want to visit and stay on the lake, a home vacation rental is the way to go. #3 - Lake Murray is home to the Purple Martin Phenomenon. #4 - Each of the Lake Murray towers is 223 feet tall. #5 - The biggest fish ever caught on the lake was a sturgeon that was 298 lbs and 9 ft tall! #6 - 125,000 people view...
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