Posts from April 2015
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19
Breaking Down Spring Home Project Costs
(Family Features) Before you grab your toolkit or enlist the help of a professional for spring projects this season, do your wallet a favor and conduct some research.
HomeAdvisor's most recent True Cost Report found that 38 percent of homeowners don't know how much it will cost to hire a professional for home projects, and nearly 70 percent are concerned about overpaying as a consequence of not having reliable cost information.
If you've got any of these projects on the agenda this spring, keep in mind these tips.
- Repairing the roof: Maintaining the roof protects a home from the elements and can raise property values. Small repairs keep a roof in good shape for several years and help avoid costly damages. Most homeowners assume repairing a roof can be costly. In fact, the a...
17
Mortgage Rates Hover Near 2-Year Low
According to Bankrate.com's weekly national survey, mortgage rates pulled back this week, with the benchmark 30-year fixed mortgage rate dipping to 3.79 percent and the average 15-year fixed mortgage rate inching lower to 3.03 percent.
10
4 Tips for the Final Walk-Through
The final walk-through is an important part of the home buying process. This step gives a buyer the opportunity to assess the home top-to-bottom before closing. Although a home inspector can accompany a buyer during the final walk-through, it's essential for the buyer to evaluate the home as an inspector would. To successfully complete the final walk-through, keep in mind these tips.
2
5 Home Upgrades for $5,000 or Less
(BPT) - It's a sobering truth in real estate: sellers often have to spend money to make money. Even if your home is relatively new, you still face costs associated with getting it ready to show, such as repainting interior rooms or hiring professional cleaners and stagers. If your home could use some TLC and updating, spending as little as $5,000 on key upgrades could improve its appeal for buyers - and ensure a speedier sale at a better price.
Here are five upgrades you can make for under than $5,000 to help put your home at the top of every buyer's must-see list.
1. Upgrade Your Entryway
Replacing an old, dated or worn entry door can be a cost-effective way to ensure buyers get a good first impre...
1
Mortgage Accessibility Expectations Hit Record High
More than half (54 percent) of respondents in a recent Fannie Mae National Housing Survey™ believe it would be easy to get a home mortgage, a record-high trend bearing out amid continued strengthening in employment and overall housing sentiment.
"We continue to see strength in attitudes about the current home buying and selling environment and consistently high shares of consumers saying they expect to buy a home on their next move," says Doug Duncan, senior vice president and chief economist at Fannie Mae.
According to the survey, the share of respondents who say mortgage rates will go up in the next 12 months increased to 48 percent. Those who say it is a good time to buy a house remained...