Author: Jennifer

If you are buying your first home in today’s market, you should know how much money you need to qualify for a mortgage. While you might think that you can afford a $300,000 home, your lender may limit you to a maximum of $200,000 based on your monthly income and length of employment. Many real estate agents won’t work with you if you are a first-time buyer, so you need to do your own research before you begin the process. Making an offer on a home Often, the process of making an offer on a home is psychological, with both…

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There are a variety of cool new technologies available to the real estate industry. These include Building Information Models (BIMs), Drones, Hyperreality Technologies, Blockchain technology, and more. Keep an eye out for these innovations and how they can help you in your business. They could revolutionize how you buy and sell property in the future. Hyperreality Technologies The real estate industry is currently facing challenges in the form of marketing an estate that has not yet been built. Typically, it takes 6 to 1 year to build a sample unit, which is why many real estate developers have turned to…

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Real estate agents are more than just sales people. They are also your CFO, marketing director, and CEO. They make all the important business decisions. They know when to spend your time and money. They are proactive, listen, and fight for your best interests. Here are some characteristics of a great real estate agent. Let’s start with the first trait. Great Realtors Change Lives Real estate agents are proactive Often, it’s better to be proactive in many situations than reactive in others. Taking proactive action is an indication of an agent’s ability to stay ahead of problems and opportunities, and…

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First impressions count, so keep the front entrance of your home in good condition. Avoid using bright colors or seasonal decorations, as these can date the home both in photos and during viewings. Power wash and clean the front stoop to make sure it looks clean. Potted plants add charm to the front entrance. Make sure they are in excellent condition. A neutral front entrance is a good sign of the good things inside. Bright colors on walls can distract from a room’s assets When selecting a wall color, keep the other elements in the room in mind. If the…

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The following table compares the effective rate of property taxes for owner-occupied properties in each state, and lists the highest and lowest rates. New Jersey had the highest effective rate at 2.13 percent, followed by Illinois and New Hampshire. Wyoming, Alabama, and Louisiana had the lowest rates at 0.51 percent and 0.37 percent, respectively. In addition to these top five states, many others have high property taxes. But, there are some differences as well. Renters never see the exact amount of property tax assessed on their residence The fact is, renters never know exactly how much property tax they owe…

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There are many different ways to compare Mortgage Rates. The prime rate is a common indicator for mortgage loan rates. It represents the lowest average rate banks are offering for credit. Banks use this rate as a benchmark for lending among themselves. High-quality borrowers are also offered this rate. The prime rate generally follows the trends in the federal funds rate set by the Federal Reserve. It is typically about three percent higher than the federal funds rate. Adjustable-rate mortgages Variable-rate mortgages are available at various rates. These mortgages vary according to a specific index that reflects the cost to…

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Finding Local Events in Your Area is easier than ever. You can tap on an event and it will appear in your area. Over 200,000 events are available worldwide – you can even find DJ events, concert series, parties, and live performances. If you’re on the hunt for the next big concert, you’ll love Eventmoon. Or try Do the Bay, a festival in San Francisco that features local musicians. There’s even a countdown to the event. Eventmoon For the convenience of its users, Eventmoon has released an app which helps you find events around you. The app allows you to…

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If you’re in the market for a new real estate agent, you can find one through word of mouth. Another way to find a realtor is by checking out their social media profiles. If you’re not comfortable with the social media experience, you can also ask for references. Here are a few things to look for before signing with a real estate agent. We hope these tips will help you find a great realtor! Find a real estate agent through word of mouth The word of mouth is a powerful marketing strategy, but there are ways to find a great…

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While analyzing housing trends, we should not forget to keep in mind the changing dynamics of the real estate market. In this article, we will take a look at the affordability crisis in New York City, the skyrocketing home prices in Raleigh, and the net effective median rent in Brooklyn. We will also examine the price of a home in New York City in 2010. New York City’s affordability crisis According to the recent Census Bureau, New York City’s affordability crisis is getting worse. Overcrowding increased by 20% between 2008 and 2012, and 30% of households were spending more than…

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Buy

Purchasing a historic home can be a huge decision. Not only does it give you the opportunity to own a part of history, but it is also a challenging process. The following article will go over the benefits and challenges of purchasing a historic home. It is not for the faint of heart. Here are some reasons why it might be worth the challenge and cost. Once you’ve made the decision to buy a historic home, here are some tips to make the process easier. Buying a historic home is a big decision Purchasing a historic home can be a…

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