Home Buyer
Today’s housing market has limited inventory, along with rising home prices and interest rates. For that reason, many people have opted out of the real estate market entirely for now and are instead putting their money toward making some improvements to their current homes. Even with inflation and supply chain issues, home remodeling projects are…
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Green and energy-efficient homes offer a ton of value to homeowners and homebuyers, thanks to their energy savings and safety, health, and comfort benefits. But how do we figure this value into home appraisals? Green home appraisals are a hot topic as green and energy-efficient properties continue to gain in popularity. Read on to learn…
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Buying a home today looks very different than it did in previous decades. From virtual house tours to applying for a mortgage online, the real estate industry has embraced new technology, weaving it into many of its processes. The home appraisal industry is beginning to use more technology, too. If you are buying or selling…
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The home appraisal report plays a significant role in the home buying process. This article provides a brief overview of its various sections and what is covered in each, so you can gain a better understanding of how to read a home appraisal report. In this article, we’ll walk you through the Uniform Residential Appraisal…
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When you sell or buy a home, the sales price and appraisal value don’t always match up, and this discrepancy can lead to a change in the purchase price or dissolve the deal altogether. Therefore, it’s essential to understand how these numbers can differ and how the sale can still proceed when there is a…
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There is a growing demand for alternative types of housing in communities across the country. As home prices for traditional single-family residences continue to soar, it’s becoming more difficult for people to buy a home. One attractive alternative type of home that is growing in demand is manufactured homes, sometimes referred to as mobile homes.…
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COVID-19 changed the housing industry in so many ways, from how buyers view potential homes to how loans close. While we all know the world will go back to “normal” at some point, some of these changes are going to be with us forever. The pandemic has required all of us to use technology to…
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If your clients are wondering what a distressed property is and what that means, here’s what they need to know about how it can help them buy a home when there aren’t many options. The housing market around the country is hot, and there isn’t enough inventory to go around. Enter: distressed properties. What does…
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