Selling Avoid These FIRST-TIME HOME SELLER MISTAKES by Terri Williams, Contributor FORBES Real Estate Sidestep unnecessary surprises, delays, and headaches when selling your home. A lot of time is dedicated to providing advice to first-time homebuyers – as it should be. However, selling a house for the first time can also be a bewildering experience. These sellers are navigating what, for them, […]
Home Improvement What will an ADU do to your PROPERTY TAXES & RESALE VALUE? by Jon Healy, Senior Editor UTILITY JOURNALISM (LA TIMES)  A common pitch for accessory dwelling units is that building one will add a lot of value to your property.   How much, though, is a bit of a mystery. And that can pose a problem for homeowners looking to build one. An ADU isn’t just extra square footage […]
Buying FIVE PRACTICAL TIPS To Get The Lowest Mortgage Rate Possible 5 Practical Tips To Get The Lowest Mortgage Rate Possible by Rob Berger, Contributor FORBES Personal Finance If you’re in the market to purchase a home, you know that mortgage rates are rising. Rates surpassed 7% for the first time in 20 years. And higher mortgage rates send monthly payments up significantly. A $240,000 mortgage at a […]
Buying FIVE THINGS THAT SHOULD HAPPEN DURING A HOME INSPECTION by Ryan Serhant, Contributor FORBES – Real Estate So, you found the perfect home (nice!) and you put in an offer (very nice!) and your offer was accepted (SUPER nice!)… now it’s time to have your new purchase inspected. Buyers pay for inspections in order to do their due diligence and ensure that the home […]
Financing EXITING FORBEARANCE? Four Tips To Solidify Your Financial Future by Miriam Moore, Member FORBES Real Estate Council The U.S. economy, which was ravaged by the fallout from an unprecedented pandemic, is taking steps to course correct. This, after millions of homeowners already teetering on the brink of financial distress were pushed over the edge when businesses and […]
Buying/Investing TIMES, THEY ARE A’CHANGIN’? Sky-High Listing Prices Are Finally Starting To Come Back Down To Earth Brenda Richardson, Senior Contributor FORBES Sellers are finally lowering their asking prices as real estate demand falls.   More and more, home sellers are giving in to the mounting pressure on affordability posed by June’s rapid mortgage rate hike, according to a new report […]
Buying/Investing EIGHT STEPS TO HOME OWNERSHIP What To Expect At Every Stage Of The Process by Tara Hotchkis, Member FORBES Biz Council Considering a home purchase can be a nerve-wracking endeavor for anyone, especially for first-time home buyers. I remember how nervous I was. On weekends, I would sift through property listings and fantasize about what it would feel like to […]
Buying/Investing 2022 MORTGAGE RATE FORECAST Rates will climb modestly as Fed fights inflation Written/Edited by Jeff Ostrowski & Bill McGuire BANKRATE.com The era of record-low mortgage rates is drawing to a close. But even as sub-3 percent rates on 30-year loans fade into the rearview mirror, mortgage rates are likely to remain near historic lows through 2022. Bankrate chief financial analyst Greg […]
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Buying/Investing SEVEN WAYS TO BUILD WEALTH & GAIN SECURITY… …Through Homeownership by Tara Hotchkis, Member FORBES Real Estate Council Should I purchase a home or sign another lease? Is now the right time to buy, or should I wait until next year? What would be the advantages of buying my next home? These are some of the feelings many of us experience and the […]
Buying/Investing RENT-BACKS: A POWERFUL TOOL IN A BUYER’S TOOLBOX by Mike Maher, Contributor FORBES – Real Estate One of the complications of a hot housing market is that the intense competition for homes is making it harder for home sellers to plan their next move. Those who are selling a primary residence have additional factors to consider – like how long it will take […]
Home Improvement THE ROOM THAT MAKES OR BREAKS A HOME SALE by Ryan Serhant, Contributor FORBES – Real Estate When shopping for a new home, some people get excited about a giant walk-in closet with built-in shelving; Others daydream about a private outdoor space with panoramic views. But what you think sells a home is different from what actually sells a home. The room that tends […]
Buying/Investing APPLYING FOR YOUR FIRST FIX & FLIP LOAN? Here’s What To Expect by Saurabh Shah, Member FORBES Real Estate Council When you’re applying to a real estate lender for your first fix and flip loan, there’s a lot to keep track of. While you might have gone through a lending process when you purchased the home you live in, the fix and flip […]
Buying/Investing FIVE STEPS TO MAKING YOUR BEST OFFER In An Exploding Housing Market by Nick Ron, Member FORBES Real Estate Council As we emerge from the variables and uncertainties of the past 18 months, we are witnessing what appears to be a total renaissance in real estate: the realization that people no longer need to be chained to an urban center for their […]
Buying/Investing TEN TIPS TO PREPARE FOR YOUR PROPERTY INSPECTION by Aviva Sonenreich, Member FORBES Real Estate Council In such a hot real estate market as we’re experiencing today, many buyers are passing on property inspections, attempting to win the bidding wars incited by the current inventory crisis. But the inspection is still one of the most critical stages in the process of buying and […]
Buying/Investing SHOULD I BUY A HOME NOW…or wait? by Cyrus Purnell, Contributor Financial Finesse – FORBES Contributor Group It’s no secret the housing market has become more expensive over the last couple of years. Most regions have seen double digit inflation in the cost of homes. This growth has been driven by several factors such as millennials hitting their prime homebuying ages, the […]
Buying/Investing [ IS THE “20% DOWN” MORTGAGE DEAD? ] by David Rae, Contributor FORBES – Personal Finance Housing markets across the United States are on fire; skyrocketing values may be the death of the 20% down payment. Especially for first-time home buyers, the challenge of coming up with a 20% mortgage down payment can be nearly impossible, especially when continuing to save for other […]
Buying/Investing THREE THINGS BUYERS SHOULD KNOW… When Shopping For Their First Home by Beatrice de Jong, Member FORBES Real Estate Council Buying a home will likely be one of the biggest and most important purchases you make during your lifetime, and it’s still part of the American dream. Investing in a home can also be a smart way for younger generations to build […]
Financing SELLING YOUR HOME WITHIN TWO YEARS OF BUYING? Read This First! Ryan Serhant, Contributor FORBES – Real Estate Most people don’t buy a home thinking they’ll only live in it for a year or two, but it happens—more often than you might think. Families expand, financial situations change, jobs require relocation, and sometimes you simply get an offer that you can’t refuse. Packing […]
Selling MAKE SURE THE PRICE IS RIGHT… When Selling Your Home by Corey Burr, Member FORBES Real Estate Council Selling your home is often an emotional experience, especially if you’ve lived in it for an extended period of time. For a variety of reasons, sellers are often deeply attached to the place they’ve called home for years. That is wonderful, but it’s […]
Home Improvement HERE’S HOW MUCH POPULAR UPGRADES WILL COST by Brenda Richardson, Senior Contributor FORBES – Real Estate Sooner or later you might join the millions of Americans who remodel or renovate their homes each year. Perhaps it’s at that time when you realize your kitchen says 1975, but you would prefer to cook in the moment. Or you have decided you would rather […]