7 Tips For Buying a Retirement Home

It's quite common for people who are nearing retirement age to consider moving from their family home and into one that better meets their newfound needs.

Is a Rent-to-Own Program Right For You?

What if there was a way to pay rent and not have to come up with a massive down payment for a home, but end up owning your home at the end of the day?

How to Buy a House Before it's Listed

If you want to find and buy your dream home, you'll have to wait until it hits the market and is advertised on popular mediums like the MLS, right?

These 7 Home Buying Mistakes Can Cost You

Thinking of buying a home in the near future? Keep in mind that there are several things that you should do, and a number of others that you shouldn't.

What Do HOA Fees Cover?

Condos and homes that are located in an HOA community come with a certain set of perks that you won't find in your traditional home.

INFOGRAPHIC: NAR’s Existing Home Sales Report For May 2018

The median price for a home across the US reached a new high this past May, though overall sales were down slightly. Here are some other pertinent stats about the housing market in the US as compiled by the National Association of Realtors (NAR).

Should You Take Your Home off the Market?

Every seller hopes for the best when they first put their home on the market. Getting a great offer shortly after listing and selling for top dollar are obvious goals for sellers.

Should You Renew Your Lease?

You've lived in your rental unit for a while now, but your lease is coming due. Now's the time to start thinking about whether or not to continue on with your current landlord and remain in the premises, or move onto something else.

What's the Difference Between 'Exurbs' and 'Suburbs'?

City living is ideal for many people, especially those who work in the downtown core or who simply like to be in the center of the action. But living in urban centers is typically expensive, especially when compared to homes located in the outskirts.

What is a "Proof of Funds" Letter in a Real Estate Purchase?

If you were selling your home, would you want to be absolutely certain that the buyers are able to secure a mortgage to make the real estate deal go through? Of course, you would, and that's exactly what the purpose of a "proof of funds" letter is.

What to Look For When Buying a Flipped Property

There are a lot of real estate investors out there looking to make some good money fixing and flipping houses. And if you've been watching your favorite programs on HGTV and the like, you may have noticed that flipping houses for a profit is big business.

What is the MLS and How Does it Work?

Whether you're a newbie buyer or seller or have bought and sold homes a few times over the years, you've most likely heard of the MLS, or Multiple Listing Service.

What's the Difference Between Replacement Cost Vs Actual Cash Value in Home Insurance?

You pay homeowner's insurance, and although you never want to have to use it, there may be some unfortunate circumstances that may require you to file a claim. Of course, it's important to crunch the numbers to make sure that it makes financial sense to start a claim, considering the fact that there's a deductible to pay and an increase in premiums to deal with.

Sellers: Before You Finalize Your Taxes, Here are 5 Write-Offs

Paying taxes is never fun, but you may be able to find ways to keep a little extra money in your pocket when filing. If you've recently sold your property, there are several different tax deductions you'll want to be aware of, including the following.

INFOGRAPHIC: Your Home Inspection Checklist

Don't miss the opportunity to have the home you plan to purchase inspected before you finalize a real estate contract. Before you close on a deal, make sure the following components are checked out during the home inspection.

What Exactly is a Mortgage Transfer?

With the typical sale of a property, the new owners usually apply for a mortgage to finance the purchase. When the sale is finalized, the new owners begin paying their new mortgage with the set of terms and interest rate that were agreed upon with their lender. But in some circumstances, a mortgage may be transferred from the sellers to the new owners.

What Types of Liens Can Cloud the Title on My Property?

Real estate transactions aren't always free of unpleasant surprises. Sometimes a home inspection will uncover an unknown issue or the buyer won't be able to secure financing despite being pre-approved. But there's another potentially unexpected issue that can arise after an offer has been accepted: property liens.

Why Should Buyers Sign a Buyer's Representation Agreement?

Buying a home is a big deal, and buyers are highly advised to have representation when they search for a home and negotiate a deal. Having a real estate agent represent you when making this massive purchase is certainly beneficial for many reasons, but the details of this professional relationship should ideally be outlined in a contract, known as a Buyer's Representation Agreement.

INFOGRAPHIC: First-Time Homebuyer Stats

What do today's first-time homebuyers look like? The following stats will help paint that picture, as compiled by the National Association of Realtors (NAR).

Pros and Cons of Buying in a Gated Community

A gated community is basically a neighborhood of homes that can only be accessed by residents and their invited guests. Before you decide whether or not a gated community is right for you, consider the following pros and cons first.

Is it Possible to Buy a Home With Bad Credit?

Getting approved for a mortgage can be pretty challenging these days. Lenders are rather stringent with their lending requirements and aren't in the business of loaning out money to just anyone. Nowadays, you've got to meet strict criteria in order to get approved for a conventional mortgage, and that includes having good credit.

What Can Happen if Your Remodel Without a Permit?

If you're thinking of renovating your kitchen, expanding the living room, or adding a completely new addition to your home, you'll need to apply for a permit before any work begins.

How to Get Rid of That Unsightly Popcorn Ceiling

Does your home still have popcorn ceilings that were popular decades ago? If so, it's probably time for a change. Odds are, you've probably already been thinking about getting rid of your popcorn ceilings but just haven't gotten around to it.

6 Things You Need to Know Before Renting Out a Condo

Renting out a property is a great way to bring in supplemental income, whether it's a home, apartment, condo, or other type of real estate. But there are rules that landlords must adhere to in order to comply with the law while enjoying rental income.

8 Crucial Things Your Real Estate Landing Page Should Have

A real estate landing page can be a powerful tool to help you generate more leads for your business, but how it's designed makes all the difference. Landing pages are basically any web page that visitors arrive at from another source, such as an advertisement.

INFOGRAPHIC: 14 Real Estate Terms All Buyers Should Know

As a buyer, you'd be well-advised to understand certain terms in the real estate world that directly affect buyers. Before you sign on the dotted line, be sure to familiarize yourself with the following terminology.

How Much Notice Should Sellers Request Before Showings?

How much notice is appropriate before you allow buyers to show up? Not enough time will leave you with a very tight window to clean up and get out, while too much time can frustrate buyers and even result in a lost lead.

INFOGRAPHIC: 11 Common Myths About Buying a Condo

Owning a condo is an attractive option for buyers for many reasons: it's more affordable and easier to maintain compared to single-family homes. However, those who are unfamiliar with condos might have some misconceptions about owning one.

7 Red Flags of a Moving Scam

The moving process is stressful enough; the last thing you need is to wind up dealing with a shady moving company.

What Are HOA Transfer Fees and Who Pays For Them?

Whether you're buying or selling a condo or other type of home governed by a homeowner's association (HOA), there are few extra considerations that need to be made compared to the average freehold home.

Can You Sell Your Home With a Lien on it?

If you're planning to sell, you'll want to find out if there are currently any liens on your home. The question is, can you still sell your home if there are any outstanding liens on title?

INFOGRAPHIC: 16 Guidelines to Follow For a Well-Organized Home

Unless you've hired a daily cleaning service to come in and tidy up after you, maintaining the cleanliness and organization of your home is your responsibility. But it can be easy to fall behind on keeping up with the clutter that has a tendency to build up in our homes.

6 Signs of a Seller's Markets

Whether you're a buyer or seller, knowing what type of market you're currently in will make a big difference in your approach.

INFOGRAPHIC: Housing Outlook For 2018

Experts in the real estate field anticipate a healthy year ahead for the housing market. Demand is expected to be strong, new home builders are more optimistic, and a slight alleviation in the inventory shortage is anticipated. Here are some predictions for the US housing market as we head into 2018.

Homebuyers: How to Tell if You're Getting a Good Deal

How can you identify whether or not you're really getting a good deal on a home, especially if you're in the middle of a volatile market and prices are changing from one week to the next? Here are some ways to tell.

Using Your 401(K) or IRA For Your Down Payment

If you're planning to buy a home in the near future, you'll need some form of down payment to secure a mortgage. One resource you may want to consider is your 401(K) to access the money needed to use for a down payment.

Pros and Cons of Buying a Timeshare

Timeshares have been popular vacation options for many Americans over the years, allowing them to essentially "own" their vacation properties without outright buying real estate. But as beneficial as timeshares may be, they also come with a set of drawbacks that need to be carefully contemplated. Here are some pros and cons of owning a timeshare that should be taken into consideration before you buy.

INFOGRAPHIC: 14 Real Estate Marketing Statistics

When it comes to the world of real estate marketing, technology plays a key role. More and more people are going online to search for their homes, while real estate agents are taking notice and are increasingly using the internet to market their listings and services. Here are some interesting stats surrounding real estate marketing in 2017.

Tips to Creating Some Privacy in a Small Space

When it comes to small spaces, there's only so much you can do to define separate areas and create a little privacy. Having all sorts of different rooms and living areas can be really challenging if your home's size doesn't allow for it.

Debunking the Most Common Down Payment Myths

There’s a lot of fluff floating around out there about down payments that are simply untrue. So what’s fact and what's fiction? Here are some of the more common myths about down payments and the truth behind them.

What is an Option ARM Mortgage?

In the months leading up to the housing crisis a decade ago, option ARM mortgages were pretty popular. That’s because they allowed homeowners to take advantage of flexible payment terms, allowing them to better manage their budgets and cash flow. Back then, mortgages were easier to get approved for, even if borrowers weren’t financially capable of handling them.

House Plants That Can Handle Darker Spaces

It’s a well-known fact that plants need the energy from sunlight to grow. But that doesn’t mean that all plants necessarily need to bask in the light at all hours of the day in order to survive and thrive. In fact, there are plenty of houseplants out there that do extremely well in low-light conditions, making them the perfect choice for darker areas in the house.

9 Savvy Home Improvement Apps

It seems like there’s an app for just about everything. Luckily for homeowners, there are also a bunch of awesome apps that make a home improvement project a lot more streamlined and simplified. They give ideas, provide tips, and even offer detailed information on how to measure and pick the right design and color schemes.

Deed in Lieu of Foreclosure an Option When You Default on Your Mortgage

Despite the fact that the prevalence of foreclosures has decreased since the housing crash a decade ago, it still happens quite often. Fortunately, there are ways to curb foreclosure proceedings if you find yourself in default of your mortgage, and one alternative is to work out what's known as a 'deed in lieu of foreclosure'.

NAR's Stats on the Home Search Process in 2017

Since the emergence of the internet, the home search process has transformed significantly from years ago. Technology has been the single biggest influence on the change in how buyers search for their next home to buy.

The Homeowner's Guide to Holiday Etiquette

With Remembrance Day now behind us, it's time to get full-swing into the holiday spirit by hanging decorations, stringing lights, putting up the Christmas tree, and gathering with friends and family near and far. But there's a certain way to conduct yourself over the holidays, particularly as a homeowner.

INFOGRAPHIC: Home Financing Trends in 2017

When it comes to buying a home, financing the purchase is a critical component of the overall transaction. Here are some interesting home financing stats as gathered by the National Association of Realtors' Research Department.

Tips on Making the Most of Your Fall Listing

We're officially smack dab in the middle of the fall season and are inching closer and closer to the holidays. While you're busy making your list of ingredients for your holiday dinner and running around picking up gifts for your loved ones, there are plenty of things that need to be done if you're planning to sell during this season.

INFOGRAPHIC: Interesting Stats About Home Design Website Houzz.com

Houzz is easily the most popular online platform for anything to do with home design and remodeling. Since the site launched back in 2009, it has grown immensely in popularity, as well as in services. Here are some impressive numbers that Houzz manages to keep growing every year.

INFOGRAPHIC: Home Selling Trends Across the U.S. in 2017

Thanks large in part to the lack of housing inventory in California, home prices have skyrocketed over the years. This puts home sellers in a great position to realize huge profits, especially if they've held onto their properties for a few years and allowed appreciated to boost value.

Using Houzz and Pinterest to For Your Next Home Improvement Project

Everyone's heard of Houzz and Pinterest, but these sites are a lot more than just a vast collection of online images. They also serve as fabulous resources for homeowners who need a little inspiration and help coming up with a solid plan for their next home improvement project.

When is it a Good Time For a Cash-Out Refinance?

Many homeowners throughout the country have built up enough equity in their homes that can be pulled out and used for many of life's major expenses. Yet while there are various ways to get that money out, one popular way is through a cash-out refinance.

Why You Should Think About a Home's Resale Value When You're Buying it

When you're buying a new home, the last thing you're probably thinking about is selling it. But not only should you consider how well the home will suit your lifestyle, you should also be thinking about how easy it will be to sell at some point in the future and what its potential value will be.

What Real Estate Investors Need to Know About the 1031 Exchanges

As a real estate investor, you're likely already aware of the tax implications of selling investment properties and the profits made from such transactions. Normally when an investment property is sold for more than what was paid for it, capital gains tax needs to be paid on the profit. This can take a huge chunk off of your bottom line, but there's this little thing called a 1031 exchange that can help keep some of that money back in your pocket.

What Can Sellers Do if the Buyer Backs Out of the Deal?

The selling process can definitely be intense and even overwhelming at times. After all, we're talking about a massive investment. There are plenty of efforts made to find the right buyer who is qualified and interested in buying your home, but even after you think you've found the right buyer that will see the deal through, there's still a chance that they may back out.

Tips For Comparing Mortgage Loans With Different Lenders

When it comes to obtaining a mortgage for a home purchase, you don't necessarily have to use your everyday bank. Instead, you might be better off comparing mortgage packages with various lenders to see where you can get the best deal.

INFOGRAPHIC: 10 Things Every First-Time Buyer Should Do

Buying your first house is a big deal. Considering the magnitude of such a purchase, you want to make sure you've got all your ducks in a row before you take the plunge. Here are a few things every first-time home buyer should do before making that big purchase.

6 Kitchen Design Trends Sellers Should Consider

No buyer is going to want to put up a huge sum of money to purchase a home that they don't like, unless they're specifically looking for a fixer-upper. If your goal as a seller is to sell your home as quickly as possible, your best bet is to prep it in such a way that buyers can't help but fall in love with your place. The more attracted buyers are to your home, the more likely they'll be enticed to put in a handsome offer.

INFOGRAPHIC: 14 Things To Do During Your Final Wall-Through

After offer acceptance, anything can happen during escrow, and you don't want to be stuck with issues that you didn't agree to adopt. Here are some critical things you should be doing during that extremely important final walk-through.

7 Quick Tips for Buying Your Second Home

Everyone needs a getaway every once in a while, and a change of scenery can be just what's needed to refresh and unwind. But sometimes having to book a hotel or chalet can be a bit of a challenge, especially during peak seasons when availability is scarce and prices are through the roof. In cases like these, having your own retreat that you can visit at the drop of a hat can be a lot more convenient.

How is a New Home in an Old Neighborhood Valued?

When it comes to valuing homes, the key is to compare them to other properties that are very similar in a number of ways. Real estate professionals typically look at other homes that are similar in location, style, size, design, and age compared to the subject property in order to get an accurate idea of the home's value. In addition, only homes that have been recently sold should be looked at, as market conditions can fluctuate very quickly.

How to Make Your Home More Pet Friendly

Pets are much more than just animals - they're part of the family and should enjoy your home just as much as you do. The thing is, pets can be messy, smelly, and can even cause damage to your home. Sometimes they may not even be comfortable or safe in your home if certain adjustments aren't made for your furry friend.

INFOGRAPHIC: 10 Things Real Estate Agents Do For Buyers

Your agent has a lengthy list of things that they do from the start of a real estate transaction to closing of escrow. Here are just a handful of things that your buyer real estate agent will do for you.

7 Myths Vs. Facts About Your Credit Score

If you're planning on applying for a conventional mortgage, you're going to need a decent credit score before applying. Generally speaking, anything over 620 is needed to get approved for a conventional mortgage, though a lower score is fine for other types of government-backed home loans.

What's the Difference Between a Lease Purchase and a Lease Option?

Buying a home typically involves the transfer of title after both buyer and seller agree to the terms of the contract and sign off on the deal. However, there are other ways for buyers to become homeowners, including through a Lease Option or Lease Purchase agreement.

What is Covered Under Home Warranty Plans?

Many purchases that you make come with the option to buy a warranty in the event that the product is damaged, such as small appliances and electronics. This helps cover the cost of repair should they break down so you're not paying out of pocket.

11 Tips to Buying a Newly Constructed Home From a Builder

Buying new home construction is much different than buying resale. As such, you might want to prep yourself for the process before taking the plunge on a new build. Here are some key things to know about buying a new construction home from a builder.

10 Ways to Create an Extravagant-Looking Bathroom (On a Budget)

Flipping through home design magazines and catching a glimpse of some extravagant bathrooms can easily get you drooling over the possibilities for your own bathroom redesign. But with bathroom renovations easily tipping into the thousands, it can be tricky to revamp this important little space while sticking to your budget.

Tips to Counter a Lowball Offer on Your Home

As a seller, getting an offer on your home is exciting, especially if it comes soon after listing your property for sale. But just because there's an offer on the table doesn't necessarily means it's going to be a good one. Unfortunately, lowball offers happen, more often than sellers would prefer.

INFOGRAPHIC: California Sales Report For June 2017

Existing home sales and median home prices in California ramped up in June while the lowest housing inventory levels were recorded so far in 2017. Here are some key statistics surrounding sales in the Golden State last month.

How Do BPO's Determine the Value of a Home?

Plenty of factors impact the value of a property. From its location, to its size, and everything in between, a home's value is determined by a multitude of components, and bank appraisers will come up with this value according to current market conditions before a sale is made.

INFOGRAPHIC: This is Where All the Energy is Going in Your Home

Out of all the energy consumption in the U.S., about 40% is used by residential and commercial properties. More specifically, residences rank third highest in energy consumption in the country. Given these stats, what is all this energy going towards in the average American home?

10 Unique Materials to Use For Your Kitchen Backsplash

Today's modern kitchen backsplash is no longer limited to the traditional types of materials. These days, the options for backsplashes are seemingly endless and provide a plethora of choices for homeowners to create a truly unique kitchen space.

INFOGRAPHIC: 11 Things Home Buyers Are Looking For

Regardless of whether or not it's a seller's market, it's always helpful if your home has the features that buyers are looking for. Here are the top 11 characteristics that today's buyers want when shopping for a new home.

Should You Buy a Starter Home or Wait to Buy Your "Forever" Home?

Given the prices of homes these days, it's no wonder many homebuyer hopefuls choose to get into the market by purchasing smaller, more modest homes that are on the affordable end of the spectrum. After a few years of building equity and allowing time to appreciate the value of the home, there will be a lot more capital available to put into purchasing a larger, more suitable "forever home."

6 Tips to Ensure a Prompt Closing

The entire homebuying process can take a long time. Imagine all the homes you have to look at before you find "the one." Even after you've negotiated a deal and your offer is accepted, there's still the escrow period to have to go through, which can be a lengthy process itself.

7 Questions to Ask Yourself Before Buying a Vacation Property

Having the flexibility to head over to your very own retreat without having to find availability is fantastic. It's like home away from home, a place that you can set up as you please and outfit with all the things you need when you're away from your primary residence.

INFOGRAPHIC: California Sales Report For May 2017

The housing market in California picked up some steam in May as existing home sales and median home prices inched up from both the month and year before. Here are some pertinent stats on California's housing market for May 2017, gathered by the California Association of Realtors (CAR).

Important Deadlines in Real Estate Contracts That Can't Be Missed

A real estate contract can be confusing for both buyers and sellers, especially for first-timers. Not only is there plenty of jargon that many may not be familiar with, there are also many deadlines stipulated that must be met. Failure for these deadlines to be satisfied can result in a dead deal, which is why it's essential that all necessary parties do their due diligence to meet these milestones.

How the Mortgage Process Works When Buying a Home

When it comes to buying a home, a mortgage is almost always a part of the process. But as common as they are, mortgages can often be highly confusing. That said, it's in your best interests to become familiar with the mortgage process, regardless of whether you're a first-time buyer or have bought and sold many times in the past.

8 Tips For Selling a Unique Home

Selling a cookie-cutter house can be a challenge because you've got to go the extra mile to make it unique enough to stand out from the rest. But what about when your home is so unique and quirky that buyers find it downright strange?

6 Questions Every Buyer Should Ask the Seller Before Move-in Day

There are obviously plenty of questions that you should ask sellers before you even put in an offer on a home. This will help ensure that you're making a sound buying decision. After all, this is a huge investment that should only be done with due diligence.

How a Pre-Listing Home Inspection Can Speed Up the Real Estate Transaction

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The majority of residential real estate contracts typically come with a contingency that allows the buyer to have the home inspected by a professional before the deal is sealed. Buyers usually pay for this service themselves, while sellers simply allow them to book a few hours to inspect the home from top to bottom. So, if the buyer is arranging - and paying for - a home inspection, why should you as a seller pay to have your own pre-inspection done?

How to Sell a Home in "As Is" Condition

Often, sellers will have to put in a little elbow grease and invest time and money order an effort to make the home look more attractive and "move-in ready" for buyers. A home that doesn't show well is more likely to turn buyers off and send them in the direction of another listed home in the neighborhood.

What's the Difference Between Market and Assessed Value?

If you're planning to sell your home some time soon, knowing its current market value is extremely important in order to price your home right. Of course, many sellers tend to believe that their homes are worth a lot more than what they really are. But it's not wise to establish a listing price based solely on what you might think your property is worth.

Buying a Home With a Pool? You Should Have it Inspected

A swimming pool is not exactly a foreign feature among homes. In fact, if you're looking to buy a home, the odds of finding one with a pool are pretty high, especially further south. And just like any other component in a home, they're subject to break down over time.

5 Savvy Tips to Packing Delicate Items When You Move

The odds of your most fragile belongings suffering damage during a big move are pretty high if the necessary precautions aren't taken into consideration. It's vital that you take the time to properly package and label your delicate items in order to make sure that they arrive to their final destination in one piece.

Myths Vs. Facts About Home Appraisals

Appraisals are almost always a part of a real estate transaction, but many buyers and sellers often have misconceptions about what they are and how they're carried out. Even those who have some experience buying and selling in the past may still be misinformed about appraisals.

10 Tips When Viewing a Home For Sale

When you're in search of the perfect home, you'll likely be visiting several different properties before settling on the right one. But when viewing so many different houses, it's easy to forget all the details of each one. This is a big purchase, so you want to make sure you've got a clear idea of the home you plan to put an offer on.

10 Factors That Affect Your Home Appraisal

Before your lender approves your home loan, the property you agreed to purchase will need to be appraised first. Your lender will want to get an objective and professional assessment of the home's actual market value before matching that price with a home loan.

What Are Bridge Loans and How Do They Work?

If you’ve bought a new home that closes before your current home does, you may be stuck with the responsibility of paying for two homes for a brief period of time. As daunting as that might sound, you may be able to arrange for a bridge loan to help alleviate this financial burden.

How to Make Sure Your Home Sells Faster Than Others on the Block

Having the only home on the block that's up for sale means less competition for you. But what happens when one or more of the neighbors decide to follow suit and plant their own For Sale signs on their front lawns? How can you compete to make sure your home stands out from the crowd?

6 Reasons You Were Turned Down For a Mortgage

The prospect of buying a home is an exciting one, but a rejected mortgage application can put a damper on things. Instead of wallowing in despair, look at this situation as a learning experience. Find out why you were denied a mortgage, then take the steps required to make the necessary changes.

6 Questions to Ask Before Converting Your Attic Into a Usable Space

If adding some livable space in your home in on your agenda, then transforming your attic into a usable area may be just the ticket. Rather than going through the trouble of building a completely new addition to your home, converting your attic will likely take a lot less work.

5 Tips For Moving With Kids in Tow

Moving isn't exactly fun or easy, but this is even more true when you've got young children to contend with. It can be tough to have to deal with packing, purging, organizing, and all the other tasks that come with a big move while trying to entertain your kids and keep them out of everything you're trying to haul out.

6 Signs Your Home is Listed Too High

As a seller, the first thing your should understand is that the price point you list your home at will determine how successful your sale will be.

How Smart Home Technology Affects the Real Estate Industry

When homeowners make improvements on their homes, it’s in their best interests to choose upgrades that will bring them the biggest ROI come sale time. Traditionally, a new coat of paint, a kitchen reface, and new hardwood flooring have been the frontrunners in this department.

7 Reasons to Add Mulch to Your Landscaping

You might have a beautiful home, but adding landscaping to its exterior can dramatically improve its esthetics. Not only that, landscaping can significantly boost the value of your home as well.

6 Design Trends That Buyers Don’t Like

When it comes to selling your home, impressions matter. Ideally, you want buyers to be impressed with your home's look and functionality when they see its listing photos or attend a showing or open house. Your home should look its absolute best when it’s on the market in order to boost the odds of a quick sale at a decent sale price.

Tax Blunders That First-Time Homeowners Make

When Uncle Sam comes knocking on your door, it can be pretty painful to have to part with some of your hard-earned money. Luckily, there are plenty of ways to keep some of that money in your pocket instead of handing it over to the IRS (the legal way), and your home can provide you with plenty of tax incentives. Unfortunately, many homeowners don’t take full advantage of all of the tax incentives that come with owning property.

Real Estate Titles: What’s the Difference Between an Agent, Broker, and REALTOR®?

You’ve probably heard of the titles “real estate agent,” “broker,” or "REALTOR®.” Aren’t they all just different words meaning the same thing? Actually, no. While each of these titles pertain to professionals in the real estate industry, there are subtle differences between them that you might be interested in understanding before you hire one to represent you in a purchase or sale.

What Considerations Should Be Made When Adding a Skylight to Your Home?

Nothing beats natural light. A dark and dingy room can easily be light-filled by installing a skylight, if the space permits. Skylights offer a unique way to introduce more natural light into a home and bring the outdoors in. In fact, they can let in over three times as much natural light compared to conventional vertical windows of the same size, and distribute it more evenly.

INFOGRAPHIC: C.A.R.’s January Sales Report

The real estate market in California started off strong this year with higher sales from December. Sales increases in January were likely the result of an increase in interest rates since the Presidential election, prompting buyers to get into the market before rates climb even higher.

How Prorations Are Handled in Real Estate Transactions

It’s not uncommon for real estate contracts to include prorations for both buyers and sellers. Prorations exist to reasonably divide any expenses related to the property, including property taxes, HOA dues, mortgage interest, utilities, and so forth so that both parties are not stuck paying for more than their fair portion.

7 Things to Consider Before Buying an Airbnb Investment

There are a number of ways to build wealth and earn a sizeable income by investing in real estate. Investors have long been profiting from real estate investments, whether it’s from fixing and flipping, buying and holding, renting, and so forth.

Should You Purchase Extra Coverage on Mover’s Insurance?

Relocating can be stressful, especially when you consider the idea that total strangers are handling many of your delicate, valuable belongings. While movers are professionals in their particular trade and are well skilled and experienced in transporting goods during moves, anything can happen.

9 Questions You Should Ask Your Mortgage Lender

Your mortgage broker will ask you a number of questions when you’re applying for a home loan, but that doesn’t mean you can’t ask a few questions of your own. Buying a home is a huge decision, and the type of mortgage package that you opt for is just as important.

Solar Panels: Should You Lease or Buy?

Solar panel systems can offer a great way to scale back your utility bills while helping the environment at the same time. But their upfront costs can be pretty pricey: a typical four-kilowatt system for an average-size home in California can cost anywhere between $15,000 to $35,000. However, there are some rebates that you might be eligible for that can offset these costs.

What is Considered a Fixture in Real Estate?

The issue of what constitutes a ‘fixture’ in a home and what doesn’t has been the source of many conflicts in real estate. What the buyer might believe is a fixture and should come with the house might not be considered a fixture by the seller.

5 Home Upgrades You Might Be Tempted to Make, But Probably Shouldn’t

Whether your home doesn’t suit your needs or tastes anymore or you’re thinking of revamping it to get a better dollar when you sell, there are dozens of upgrades that you can make to your home to improve it. The question is, which upgrades are worth the money spent, and which ones are money pits that won’t allow you to recoup your investment?

Buying New Construction? Why You Need an Agent to Help

It’s customary to call a real estate professional to help you when you’re on the prowl for a resale home, but what about if you’re interested in new construction? Isn’t it enough just to deal with the builder to choose a lot, select your home’s layout, and seal the deal? After all, you don’t have to deal with a seller or need a home inspection.

INFOGRAPHIC: 10 Tips to a Successful Open House

Holding an open house shortly after your home hits the market is a great strategy to attract prospective buyers. Make the most out of your open house by following these tips.

What Can You Do About That Dated Popcorn Ceiling?

Popcorn ceilings were pretty popular from the 1950s through to the 1980s because they were affordable and made finishing a ceiling easy. But these days, popcorn ceilings - which are typically sprayed-on stucco - are nothing more than an outdated eyesore.

How Real Estate Commissions Work

Out of all the questions that clients have when it comes to real estate transactions, how commissions are paid is one of the most common. Who's responsible for paying the commission? How much is it? When and how is it paid?

What’s the Difference Between a Promissory Note and a Mortgage?

You’ve likely heard of a mortgage, but are you familiar with something called a “promissory note?” When you take out a home loan, not only will you need to sign a mortgage, you will also need to sign a document known as a promissory note. The question is, what exactly is this? Isn’t it really the same thing as a mortgage?

Common Restrictive Covenants in an HOA

If you’ve decided to buy a home in a planned community that’s governed by a homeowners' association (HOA), then you're probably already familiar with the fact that there are certain rules that need to be followed in order to live there.

What’s the Difference Between Staging Your Home and Decorating it?

When it comes to interior decorating and home staging, it all comes down to who you're trying to impress: yourself (the current homeowner) or the buyer (the future homeowner). When you’ve got your home on the market for sale, you need to create a space that speaks to the tastes, needs, and wants of prospective buyers that will be looking at it.

6 Things Home Cleaners Want You to Know

Whether you can’t stand cleaning your home or just don’t have the time to dedicate to it, there are professional house cleaning services available that can take the load off and handle the dirty task for you. Not only does it save you time, it can also save you a lot of headaches, too.

INFOGRAPHIC: 8 Reasons to Buy a Home in 2017

If you’ve been planning to buy a home any time soon, 2017 just might be the perfect year to do it. There are plenty of reasons why buying a home should be on your checklist this year, including the following.

9 Ways to Make Your Cookie-Cutter Home More Unique

Living in the suburbs offers plenty of benefits to homeowners, including more space, newer home features, and access to family-friendly amenities. But there are also some downsides, including the fact that many of the homes in these communities look almost identical to each other inside and out.

5 Mistakes to Avoid When Pricing Your Home

When you decide to sell your home, you need to get the process started off on the right foot, and that begins with determining the right price for your home. Many sellers have a tendency to want to list their home well over what the market deems to be a fair price because they see more value in it than what buyers might see in it.

7 Decor and Design Predictions For the New Year

2017 is here, and what better way to start the new year than to revamp your home’s interior. Whether subtle in nature or an all-out overhaul, there are plenty of fabulous new interior design trends on the horizon that you might want to consider implementing into your home.

The Process of Going From Putting an Offer to Closing Escrow

Buying a home is a big deal, and is typically an involved process, especially during the time between offer acceptance and the actual closing. “Escrow” is basically when a neutral third party holds on your earnest deposit until all contingencies are met in a real estate transaction.

5 Closing Problems and How to Deal With Them

Finding the right house and negotiating an offer can be pretty labor-intensive and even stressful. Throw in problems with closing into the mix, and you’ve got yourself a bonafide headache. In a perfect world, a deal would close without a hitch.

7 Tips For Selling Your First Home

Regardless of how long you’ve lived in your first home, selling for the very first time can be a daunting task if it's not done right. While there are certain factors that you can’t do much about - such as the current market conditions and your location - there are plenty of other components to the selling process that you have total control over, which can significantly impact the end result.

How to Curb Condensation in Your Home’s Crawl Space

Even the slightest bit of condensation built up in your home’s crawlspace can wreak havoc on your enter home. Water that’s allowed to sit for extended periods of time can cause a whole slew of problems in your home, including musty smells, efflorescence (crystaline deposits), rotting material, mold, and a cracked foundation.

6 Things You Can’t Hide From Your Landlord

When you're renting your home, your landlord doesn’t need to know what brand your television is, what you stock your fridge with, or who you invite over for dinner; nor does your landlord particularly care.

8 Ways to Avoid Buyer’s Remorse

It’s a terrible feeling that no buyer wants to experience: regretting your decision after agreeing to buy a house. Whether you’re reconsidering the location, the lack of a master ensuite, or the expense related to updating the place, there are plenty of reasons why you might wish you could turn back the hands of time.

What is a 'Broker' Open House, and Should You Hold One When Selling?

Everyone knows what an open house is. Sellers essentially give free reign to prospective buyers to meander through the home for a couple of hours to scope out the property and get a feel for whether or not they might be interested in further pursuing a potential offer.

How to Handle a Low-Ball Offer on Your Home

One of the biggest fears that sellers have is receiving an offer that’s well under the listing price. Homeowners typically have a dollar figure in their minds that they want to sell their properties for, and if an initial offer comes in well under that price, it’s obviously frustrating and even insulting.

Get Your Timing Right With Adjustable Mortgages

When it comes mortgages, you’ve got plenty of options, including an adjustable rate mortgage (ARM). Their competitive interest rates attract plenty of homebuyers, but choosing an adjustable rate mortgage just because of its advertised rate isn't always a good idea if your specific financial situation doesn't call for it.

9 Savvy Tactics Home Stagers Use to Attract Buyers

It’s a fact: homes that are professionally staged sell faster and for more money than homes that are not. But why is that? What exactly are home stagers doing that can command such a result?

7 Best Small Cities in California to Live in

When people think of the Golden State, their thoughts likely head to popular centers, like Los Angeles, San Francisco, or San Diego. While these are certainly amazing places to dwell, there’s something quite special about the smaller cities in California that offer residents a fantastic lifestyle surrounded by natural beauty, be it the mountains or the coastline.

Should You Put Hardwood Flooring in the Kitchen?

One of the fastest growing trends in kitchen designs is hardwood on the floors. Although tile has long been the most popular choice for practicality purposes, more and more homeowners are opting for hardwood instead.

Using Price-Per-Square-Foot Analysis to Price a Home

Listing your home at the right price is critical. Pricing too high or too low can keep your home on the market a lot longer than you’d like, and can even leave thousands of dollars on the table.

HOA Governing Documents That You Need to Look Over When Buying

Living in a condo or a home within a planned community is an attractive option for new homebuyers. They’re affordable, and offer all sorts of amenities to owners, including security gates and guards, swimming pools, and fitness rooms, among others.

Selling? These Are Your Disclosure Obligations

If your home has a specific problem that could affect the enjoyment of the new homeowner or even lower the property’s value, you’ll need to disclose it. If you fail to do this and a major problem arises as a result of that particular issue after the buyer purchases and moves into the home, you could find yourself in legal hot water.

Pros and Cons of Selling Your Home at an Auction

They’re the infamous words buyers and sellers will hear at auctions. These platforms have long been used to buy and sell a host of different goods, including real estate. Buyers are hoping to snag a good deal, while sellers are looking to get their properties off their hands in a short amount of time.

8 Interesting Ways to Landscape Your Yard With Bamboo

Bamboo has become one of the most popular “green” and environmentally-friendly materials used in many aspects of home construction and decor. This sustainable material is not only durable, it’s also attractive, and can be taken outdoors and incorporated into a wonderful landscape design.

Your 12-Month Checklist Before Buying a Home

Considering the magnitude of the purchase, buying a home requires a lot more than just scoping out a few listing on the internet, scheduling a couple of showings, and slipping in your offer. You’ll need to take your time on this one, and make sure you tick off a bunch of to-do’s before you dive into a home purchase.

8 Essential Items Your Home Renovation Contract Should Include

It would be nice to be able to trust your contractor’s word when you’re having work done on your home, but a written contract really is the only way to go. Having everything in writing can ensure that every party involved fully and clearly understands what is expected of them. It keeps the job running smoothly and ensures that everyone agrees on what should be done and when.

6 Things Sellers Do That Kill Their Sales

How sellers handle the home selling process can heavily influence the journey as well as the end result. There are certain things that sellers can do that will speed up the sales process, and then there are other actions that can derail the entire deal.

Be Prepared For These Things When Gutting Your Home

The prospect of having a brand new interior is exciting. The things about your home that have been irking you can finally be changed and updated. With a little planning and budgeting, your dream home isn’t too far off.

5 Home Repair Requests That Turn Sellers Off

As a buyer, you’re spending big bucks on a home purchase, so you want to make sure you get everything you rightfully deserve. But the line between this and being greedy and unreasonable can sometimes be blurry. Asking for too much can turn sellers off and out you at risk of losing out on the house.

6 Scenarios Where it Doesn’t Pay to Go the DIY Route

Being handy enough to tackle many issues that tend to creep up when owning a house can certainly save you a lot of money and hassle. But there are plenty of other scenarios when taking the DIY route just doesn’t pay. In fact, it can even wind up costing you money in the long run.

Home Remodeling Projects: How Much Do They Really Cost?

When it comes to homes, styles change and features come more innovative. So it’s pretty unlikely that whatever state your home is in now will be up to snuff in a decade or so. At that point (or probably sooner), you’ll be looking to update the finishes or improve the functionality of your space. The thing is, these kinds of tasks costs money, and budget always rears its ugly head when the need for a big revamp in a home is called for.

6 Reasons Your Home Isn’t Selling

Has your home been on the market for a while and hasn’t attracted a serious buyer? There could be any number of reasons for that. In the meantime, you’re wasting time and money carrying the home while the listing continues to become increasingly stale by the day.

Rent or Buy? 6 Questions to Ask Yourself

When it’s time to move, you may be faced with the decision to either buy or rent. This conundrum isn’t just reserved for young adults moving out of their parents’ homes, but also to empty nesters or professionals who are relocating for a new job opportunity.

No Credit? How to Build it From the Ground Up

Having poor credit isn’t a good thing, but neither is having no credit at all. Getting approved for a mortgage - or any other type of loan, for that matter - is pretty much an impossible feat if the lender has nothing to go on. How will your lender know if you'll be good for the money if you don't have a history of responsible repayment? While you may be avoiding debt like the plague, you’re also failing to build up any sort of credit whatsoever.

Buying a Model Home: Good or Bad Idea?

Home builders know how to wow potential buyers. When developing brand new subdivision, the home they put on show is loaded from top to bottom with all the bells and whistles. The coveted model home not only helps entice buyers into purchasing a home, but also to dish out more money for upgrades.

Top Things Buyers and Sellers Want From Their Real Estate Agents

Buyers and sellers tend to have a long list of demands when it comes to real estate transactions, and so they should. After all, the buying and selling process can be pretty complex, so anything that can streamline the process would be welcomed. The way real estate agents conduct themselves and handle situations can make a huge difference between a smooth transaction and a frustrating one.

How is Big Data Changing the Real Estate Industry?

Every industry - including real estate - can benefit immensely from big data. These massive data sets have long been used in the financial and healthcare industries with great success, providing invaluable information about human behavior and interactions, as well as critical patterns and trends among consumers.

How to Restructure Your Mortgage to Save a Ton of Money

Whether you’re having trouble making your mortgage payments each month, are looking to free up a little more cash to put it towards something else, or want to save money in interest over the life of your loan, there are ways to lower your monthly mortgage payments.

First-Timer Mortgage Mistakes to Avoid

The majority of Americans out there who are buying homes will have to assume a huge debt in the form of a mortgage. Considering the magnitude of this type of loan, you definitely want to make sure you’re making the best decision before you take it on.

Ways to Prevent Going Over-Budget on a Remodel

There’s no one easy equation to use to determine exactly how much a home renovation will cost. You can’t just multiply a specific unit price and multiply it by the square footage of the area you plan to remodel.

10 Natural Remedies to Keep Bugs and Pests Away From Your Home

Summer is typically a time for holidays, backyard BBQ’s, pool time, and just lounging on your deck. But it’s also a time when the bugs like to come out and play, at the expense of your outdoor enjoyment. If all you’re doing is swatting and shooing, it's time to do something about the problem.

How Using a Licensed Real Estate Agent Can Legally Protect You

No matter which side of the real estate coin you happen to be on, it’s worth it to have a licensed real estate agent represent you. Buying and selling come with their own set of challenges, which can leave you vulnerable to liability should you make the wrong move. A realtor will make sure you’re protected at all times.

Clever Tips to Stage & Sell Your Home When You Have Small Kids

Keeping your home in pristine condition while it’s on the market is one of the biggest challenges that most sellers face. It can be tough to continue to live your daily lives while trying to make your home look like nobody’s been living in it.

5 Extra Costs When Buying a New Construction Home

Buying a house is an expensive endeavor, obviously. But when it comes to big a completely new home from a builder, there are plenty more costs that you’ll be responsible for that you wouldn’t necessarily have to cover with a resale.

6 Tips For Finding the Right Interior Designer For Your Home

Your home may have reflected your style a few years back - but today, not so much. Now you suddenly realize that your puffy sofa looks crammed in your living space, or that flower-ridden wallpaper looks a tad on the tacky side.

What Do Your Property Taxes Dollars Go Towards?

If you’re like many other property owners, you likely cringe when you get your property tax assessment in the mail. But as annoying as it may be to have to open your wallet to pay these pesky taxes, they do actually serve an important purpose.

INFOGRAPHIC: 9 Ideas For Low-Maintenance Landscaping

When it comes to your landscaping, you want to be able to spend more time enjoying it and less time slaving over it. But it all comes down to careful planning and designing, and what you choose to include in your garden.

Baby Boomers: Just As Likely to Upsize as Downsize?

Baby boomers who are approaching or have already entered their retirement years have traditionally been known to downsize. Not having as much property to take care of and minimizing the number of stairs that have to be climbed are generally the traits that tend to change once the Golden Years arrive.

7 Reasons Your Home is Lingering on the Market

If your home has been sitting on the market for a while with no bites, you might want to figure out what the problem is. The longer your home is listed without any offers, the more frustrating and costly it’ll be.

6 Ways to Increase Natural Light in Your Home

Who doesn’t love a bright, light-filled space to call home? Not only does natural light open up a space and make it seem larger, it’s also good for the mood. If it feels as though you live in a dungeon, it’s time to let some natural light in.

Common Building Code Violations: Is Your Home Up to Snuff?

Building codes might seem like a nuisance for homeowners, but they’re there for a reason: safety. Many homeowners might not be aware of the building codes they need to follow, which not only puts them at risk for paying fines, but also makes them vulnerable to injury and even death.

Buyer’s Guide to Jumbo Mortgages

If you’re planning on purchasing a high-priced home and leveraging the majority of the money to pay for it, you’ll likely need a jumbo mortgage. Almost 90% of mortgages are backed by either one of two major government-sponsored enterprises: Fannie Mae and Freddie Mac. Part of the remaining 10% are considered jumbo mortgages, a home loan option for expensive homes that approach the $1 million mark and beyond.

What You Should Know About Having a Co-Signer on Your Mortgage

Bad credit. Insufficient income. Inadequate down payment. These reasons - and many more - can stand in the way of getting approved for a conventional home loan. Many would-be homeowners often turn to others as co-signers in order to get approved for the mortgage they so desire.

6 Questions to Ask Your Home Inspector

It’s a no-brainer: there are very few instances where you wouldn’t insert a home inspection clause in a contract to purchase a home. A property may look flawless on the surface, but you just never know what’s lurking in the attic or in the electrical panel. The best way to protect yourself from a potential money pit is to hire a home inspector to take an in-depth look at the property in question before you seal the deal.

Why Did My Mortgage Payments Increase?

Just because you’ve locked into a fixed-rate mortgage doesn’t mean your mortgage payments won’t change some time in the future. This can come as an unpleasant surprise, especially when you’re trying to manage a budget. If you’ve allocated a specific chunk of your income to your mortgage, your budget can be thrown for a loop when these payments increase.

INFOGRAPHIC: Top Fastest Moving Markets in the US

One of the tell-tale factors of a fast-moving market is the amount of time that listings spend on the market. The number of property sales also speaks volumes about the activity in the market. According to the National Association of REALTORS® (NAR), over 6 million homes were sold in 2016, the first time this has happened in a decade.

Understanding Capital Gain Taxes When Selling Real Estate

You’ve probably heard the term “capital gains” float around when it comes to selling real estate, by do you know what it really means? More specifically, are you familiar with the taxes that may have to be paid on these gains, and how they can affect how much money you wind up with?

Can the Presidential Election Affect the Housing Market?

The current presidential election is definitely an interesting one, capturing the attention of not just Americans, but people across the globe. We’re still quite a ways away from November when the 58th Presidential Election Day takes place on the 8th, which means things are only going to get even more heated.

Lenders Take Advantage of Strong Seller’s Market to Diminish Foreclosure Inventory

Vacant foreclosure properties - dubbed ‘zombie foreclosures’ - are on the decline. According to the second quarter 2016 US Residential Property Vacancy and Zombie Foreclosure Report, there are just over 19,000 properties that are in the zombie foreclosure process, a drop of 3.1% from April and a 30.1% plummet from the same time last year. These properties represent 4.7% of all foreclosures.

7 Tips to Taking Better Photos For Your Listing

The first thing prospective buyers will see before they visit your home is its photos. Most buyers start off their house hunt by browsing online photos of listings. If yours are dark, blurry, or don’t capture your home in its best light, buyers will just move on to the next listing with images that are a lot more pleasing to the eye.

Florida Housing Market Still Going Strong During First Quarter of 2016

Florida’s real estate market ended off with a bang on 2015, with higher median prices and fewer days on the market reported by the end of December. The Sunshine State experienced a 15% increase in sales prices from the year before, and the trend appears to have continued throughout the first quarter of 2016.

How Real Estate Can Generate Income For the Retirement Years

A steady, predictable, and adequate income stream throughout retirement is a must for anyone in their Golden Years who wants to live comfortably long after they’ve said goodbye to their careers. But without a decent pension, considerable savings, or sizeable dividends from investment vehicles, having the pool of income needed to keep up a certain lifestyle after retirement can be downright difficult.

6 Trends Fueling the Current Real Estate Market

Spring has notoriously been prime time for the real estate market, and in certain centers, it’s been a particularly heated one for a while now. With an improvement in the labor market over recent months already playing its part in driving the housing market, experts believe many other trends will add fuel to the fire.

8 Tips For Baby Proofing Your Home

One minute your little one is depending on you to flip her on her belly, and the next minute she’s crawling out of her crib. Babies can quickly become mobile in the blink of an eye, so it’s best to be prepared before they let their curiosity compromise their safety.

Understand Your Easement Rights on Your Property

Just because your name is on title of the new home you’ve purchased doesn’t necessarily mean that no one else has any legal right to a portion of your lot. It’s called an easement, and it can give your neighbors and other entities a right to access a certain part of your land in some circumstances.

5 Things Your Neighbor’s Home Sale Can Tell You

The truth is, there’s a lot that you can learn from the sale of homes on the block. Regardless of where you live and the market in your area, similar homes that have recently sold in your neighborhood can provide you with a wealth of information that can come in really handy when you list your home for sale.

How Reverse Mortgages Can Help Retirees Short on Cash

Saving up for retirement is something that everyone should start working towards the moment they enter the workforce. But it’s not as easy as it sounds. Life can throw curveballs at us, from unexpected medical emergencies to a sudden job loss. And with so many baby boomers reaching retirement age over the recent past and into the foreseeable future, there’s great concern that many of them won’t be able to live comfortably throughout retirement, or even meet basic needs.

9 Mortgage Mistakes to Avoid

The mortgage process is a potentially complicated one. During the underwriting process, a number of obstacles can get in the way of your approval. And considering the huge commitment, it’s crucial that you make sure the mortgage you get into is one you can live comfortably with.

7 Things First-Time Sellers Need to Know Before Listing

People always learn a thing or two after having been through the process of selling a home, and those who’ve been through this rodeo once or twice probably admit that they would have done something a little different the first time around. For those who are selling their homes for the first time, it can seem like a daunting task. From getting the place ready for showings, to finding the right buyer, to negotiating a good deal, the whole process is more involved than you might think. But with the help of an experienced real estate agent - and a few pointers - selling your home shouldn’t have to be a headache.

Home Equity Loans 101: An Introductory Guide

Whether you need to pay for your child’s college education, a major home renovation, or an emergency medical expense, scraping the necessary funds together can be tough, but necessary. But if you currently own a home that you’ve been regularly putting money into via mortgage payments, you just might be able to tap into your home’s equity as a source to fund these major expenses.

INFOGRAPHIC: 10 Tips to Saving Up For a Down Payment

Even with a down payment as low as 3.5%, it can seem nearly impossible to scrape together thousands of dollars to put words a home purchase. It’s usually the down payment that stands in the way of many homebuyer-hopefuls’ dreams of being able to secure a mortgage. And when you factor in rent, credit card payments, student loans, and living expenses, saving up for a down payment can be even more of a challenge.

What to Check For When Reviewing HOA Documents

Condos and homes in planned communities are pretty popular these days. But buying a piece of property in a homeowners’ association (HOA) is slightly different than purchasing a conventional home. In addition to buying the actual unit that you occupy, you’re essentially buying into the community or building that your particular unit is located in.

How Do Interest Rates Affect Home Sale Prices?

Homeowners across the country have been able to take advantage of super-low interest rates on their mortgages for the past few years, which has certainly helped to make home purchases more affordable.

Buying? Must-Have Contingencies to Include in Your Real Estate Contract

A home purchase is not like buying a dishwasher - you can't just “return” it if things don’t pan out the way you planned a few weeks down the road. Once you’ve sealed the deal, you’re stuck. And while this is usually a good thing when you find the right home, it’s important to place a few contingencies in the contract before you agree to take over ownership and commit yourself to a mortgage.

How Soon After Foreclosure Can You Buy Again?

After the financial crisis hit the nation back in 2008, hundreds of thousands of families lost their homes to foreclosure. In fact, foreclosure filings skyrocketed over 81% that year compared to the year before. Getting approved for a mortgage is tough enough these days for any borrower, but it can be a lot more challenging with a foreclosure on the record.

Are Foreign Investors Upping the Competition With American Buyers?

Not only is there a serious lack of inventory in many parts of the US, there’s also a housing affordability issue at play. And depending on where you live, both of these matters combined spell trouble for the average American who is looking to get into the real estate market but can’t find the right property at the right price. How much do foreign investors have to do with this scenario?

'Micro' Apartments - the Newest Trend in Housing Across the US

Picture yourself living in a 300 square-foot minuscule apartment, and paying the same rent price as you would for a place three times the size. That’s exactly what an increasing number of renters are doing these days just to be able to claim zip code in some of the country’s most expensive places to live.

What Exactly Goes Into a Home Appraisal?

If you thought finding the perfect home was the hard part of the home buying process, what until you actually have to go from offer acceptance to closing. A bunch of steps need to be taken in proper succession order to take you through escrow, one of which is a home appraisal.

What’s the Difference Between a Mortgage Pre-Qualification and Pre-Approval?

Real estate agents will often recommend that their clients get pre-approved for a mortgage before embarking on a home search. It gives buyers a better idea of how much they can comfortably afford, and gives sellers the peace of mind knowing that there’s a good chance that the buyers will be capable of obtaining financing for a streamlined deal.

6 Things You Should Know About FHA Loans

After the financial crisis hit the US back in 2008, FHA loans suddenly became pretty popular among borrowers who found it tough to secure a conventional mortgage. Before that, FHA loans were typically an option reserved mainly for low-income homebuyers.

On the Fence About Title Insurance? Here’s Why You Need it

After pounding the pavement in search of the perfect home, you finally find one. An offer is put in and accepted, and all closing processes and costs are taken care of. You move in and begin life in your new home - what could possibly go wrong? That depends on whether or not you opted for title insurance. When you buy a home, you’re given title to the property. It’s this title that provides you - the new owner - with the right to possess and use the home and the land that it’s on.

Infographic: Baby Boomers & The Real Estate Market

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Millennials get all the press these days, but Baby Boomers still have a larger impact on the real estate market than any other demographic. This excellent infographic sheds light on this generation’s ongoing influence over the housing market.