The following information is provided by the Center for REALTOR® Development (CRD). This article explains the four most common valuation methods used for real property transactions and how and when they are used. It’s important to note that the methods below are not necessarily mutually exclusive. Lenders, servicers, investors, and other professionals use one or […]
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Today’s Ask the Expert column features Adam Long, president of HomeTeam Inspection Service. Q: What can be done to guide clients through the home inspection process? A: After being in business for 25 years and performing over a million inspections, HomeTeam Inspection Service has identified the top ways to ensure a smoother home inspection, contributing […]
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Today’s Ask the Expert column features Patty McNease, director of Marketing for Homes.com. Q: How can staging pave the way for a better sell? A: Staging allows your clients to show off the unique features of their home that buyers can come to love. During the holiday season, staging can make a home stand out […]
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While your credit score affects everything from your ability to buy a car or a home to how much interest you will pay on the loan, many people don’t know how these scores are calculated or what impacts them positively or negatively. Moreover, says the Credit Federation of America (CFA), more than 25 percent of […]
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(TNS)—If you can afford it, it might be simple to pay off your mortgage earlier. But should you? That’s a complicated question. Homeowners with low mortgage rates may be better off putting extra money in a Roth IRA or 401(k), both of which might offer a higher return than paying off the mortgage. Then there’s […]
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(TNS)—Opening a savings account is easy, but committing to savings? Now that can be hard. From struggling to find places where you can reduce spending to falling into the temptation of instant retail gratification, saving money can be really challenging. “You really have to know yourself and discipline yourself if you’re going to be an […]
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(TNS)—When people want to find out how much their mortgages cost, lenders often give them quotes that include loan rates and points. What Is a Mortgage Point? A mortgage point is a fee equal to 1 percent of the loan amount. A 30-year, $150,000 mortgage might have a rate of 7 percent but come with […]
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(TNS)—You’ve found the perfect house. Interest rates are still low. There’s just one thing standing between you and your dream home: a down payment. Don’t abandon your homeownership dreams just yet. Here are nine ways to come up with the cash for your new home. Pay Off Your Credit Cards Paying bills will help in […]
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(TNS)—Buying a house is a life-changing process that requires lots of upfront financial planning. When looking for a home, keep certain factors in mind, including your financial situation, types of available loans, your credit score, the price of the house and your down payment so you can navigate the process smoothly. Your Financial Situation Before […]
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Today’s Ask the Expert column features Dan Steward, president of Pillar To Post Home Inspectors. Q: What are your top tips for preparing to sell a home in the fall? A: First and foremost, use the beauty of the season. If you’re lucky enough to live in a region that experiences changing seasons, take advantage […]
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