Posted by Jacqueline Richards // March 30, 2019
Hybrid Adjustable-Rate Mortgages Hybrid ARMs often are advertised as 3/1 or 5/1 ARMs—you might also see ads for 7/1 or 10/1 ARMs. These loans are a mix— or a hybrid—of a fixed-rate period and an adjustable-rate period. The interest rate is fixed for the first few years of these loans—for example, for five years in a […]
Posted by Jacqueline Richards // March 23, 2019
If you’re thinking of buying a home and wondering about interest rates and credit, you’re already on the right track. The average interest rate for a 30-year (fixed) mortgage right now is between 3.25 and 4.125 percent, depending on the lender. (Those are, of course, the rates offered to borrowers with great credit.) I […]
Posted by Jacqueline Richards // March 16, 2019
Selling Secret #10: Pricing it right Find out what your home is worth, then shave 15 to 20 percent off the price. You’ll be stampeded by buyers with multiple bids — even in the worst markets — and they’ll bid up the price over what it’s worth. It takes real courage and most sellers just […]
Posted by Jacqueline Richards // March 9, 2019
A home’s curb appeal can greatly affect its selling price and time on the market. Your home’s exterior is the first thing prospective buyers see and it could reflect positively or negatively on your own home, and neighborhood homes, as well. This doesn’t mean a complete revamp of your exterior, but basic maintenance and simple […]
Posted by Jacqueline Richards // March 2, 2019
What are the pros and cons of selling a home as-is? This is a question you may have thought about if you’re planning on selling a home. Sometimes when you are selling a house that has some issues, selling it “as is” may seem like the easiest course of action. Most homeowners assume that selling […]
Posted by Jacqueline Richards // February 22, 2019
A great neighborhood sells a home, real estate agents say. It also helps your home hold value and makes it easy to sell when you decide to move on. With all the pressure and excitement of home shopping, how can you know if a neighborhood is truly great? Here are 20 clues that help you […]
Posted by Jacqueline Richards // February 16, 2019
Privacy can sometimes be hard to come by in a home. After all, everyone is sharing the same kitchen, bathroom, and other amenities. One common way to create a private place within a residence is to establish an in-law suite – also known as a mother-in-law suite. Robin Shreeves, writing for Realtor.com, says these suites […]
Posted by Jacqueline Richards // February 10, 2019
Welcome to the ideal house — one that satisfies all your needs, functions like a dream, and simplifies your life. Sound too good to be true? It’s not. The perfect house is made up of common-sense features that give satisfaction no matter where you live, or how big or small your house is. And it doesn’t […]
Posted by Jacqueline Richards // February 2, 2019
Goldilocks & the Price of Your Home Days on market, often abbreviated DOM, is the time between when a home is listed on the MLS and when it’s marked sold or taken off the market. DOM is basically a measure of how long a house takes to sell and is used as a key metric […]
Posted by Jacqueline Richards // January 26, 2019
You finally got an offer on your house, and the buyer had a home-inspection done. The inspection report says several items may not be up to standards or are in need of repair or replacing. What do you do next? You have been informed about items or issues in your home that you did not […]