Posts with tag 'Saved for Later'
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27
How to Prepare for a Pre-Listing Home Inspection
If an inspector is coming to look at your home before you list it, you may have a few questions. What will the home inspector be looking at? How can you prepare for the inspection?
For insight and answers, we turned to the National Association of Home Inspectors (NAHI), who've outlined many steps you can take before your pre-listing inspection-and most can be done at little or no cost to you. These include:
- Removing grade or mulch from contact with siding; six or more inches of clearance is preferred.
- Diverting all water away from the house, i.e. downspouts, sump pump, condensation drains, etc.; grade should slope away from the structure.
- Painting all weathered exterior wood and caulk around trim, chimney, windows and doors.
- Sealing asphalt d...
21
6 Tips for Buyers and Sellers to Best the Market
This year's housing market is expected to favor sellers-and for buyers, those circumstances will likely result in multiple-bid situations. Whichever camp you fall into, it's important to understand how to navigate this type of market in order to achieve the best possible outcome in the transaction.
"The 2016 housing market is forecasted to be mainly a seller's market, filled with increasing home prices, relatively low inventory and fierce competition between buyers," says realtor.com® Chief Economist Jonathan Smoke. "Buyers looking to close this year need to keep an open mind and be prepared to move quickly when they find a home that meets their needs. For sellers, it's about understanding the ins and outs of their local market so they can optimize the price of their home and close quickly."
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14
Housing Market Progresses toward Stability
The housing market continues to move toward stability, most recently with the addition of two more states, Kansas and New York, to the outer range of stable housing activity, according to the Freddie Mac Multi-Indicator Market Index® (MiMi®). The most recent MiMi value indicates the overall national market is in the outer stable range, as well.
"The strong annual change of 6.31 percent is the best improvement we've seen in the MiMi on a year-over-year basis since July 2014," explains Len Kiefer, Freddie Mac's deputy chief economist. "While strong home purchase applications and rising home values in some markets are contributing to this improvement, it's largely more of a reflection of mortgage delinquencies continuing to decline at a steady pace, especially in those hardest hit markets, a...
7
The quick guide to home financing
(BPT) - It's an all too familiar monthly event: you write out a rent check and wait for the funds to disappear from your bank account. But what if instead of making endless payments on something you don't own, you could own a home of your own? When you finance a home purchase with a mortgage, you build equity and increase your percentage of home ownership with each payment made.
'Homeownership may sound like a big step, but it's not as out of reach as you might think,' says Eric Hamilton, President of Vanderbilt Mortgage and Finance.
Vanderbilt Mortgage offers these tips to home financing to help you realize a place of your very own:
Assess your financial situation.
Before you even begin to look at homes, you should know what you can afford. Consider your debt-to-income...
6
Four steps to protect your home from winter water damage
(BPT) - Rain, sleet, ice and snow - no matter what form it's in, precipitation can lead to major winter damage resulting in many issues for home and business owners. Icy roads, ruptured pipes and ice dams are all complications brought on by winter water, and the threat may be even greater this season according to national weather predictions.
The National Oceanic and Atmospheric Administration is predicting this winter to be wetter-than-average in many parts of the country. Additionally, when you consider the threat of El Nino looming for certain regions, proper seasonal preparation is especially important this year.
'When it comes to winter weather, it pays to be prepared for the worst,' says Peter Duncanson, director, disas...