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Sports agent. Talent agent. Insurance agent. Real estate agent. What significance does the label "agent" hold, and why is it important when buying or selling a home? Webster's dictionary defines an agent as "a person, firm, etc. empowered to act for another." For an "agency" relationship to exist...
09/15/2008
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If you're a homeowner, what do falling prices mean to you? You might assume that it's a bad time to sell. But guess what? It could mean it’s the perfect time to buy the home of your dreams! Do the math, and you see that market downturns can actually work in your favor. Homes are listing at prices...
09/08/2008
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You've been reading negative stories about the housing market, and while some are experiencing a slowdown, it's still no reason to keep you from pursuing the American Dream. Anyone who's watched the industry for the last thirty years will tell you that it's a natural cycle, much like the adjustm...
09/03/2008
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Rising real estate inventories are presenting buyers with more options and sellers with more competition. In the center of it all, you'll find the guidance and expertise of real estate agents and brokers. If you price a home reasonably, buyers will buy. If buyers make a reasonable offer, selle...
08/25/2008
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While the pundits determine whether the real estate market is plunging or recovering, buyers are in the unique position of looking at a glass that is half full, not half empty. When sales are slow, that's actually a good thing for qualified buyers, and there has not been a better time to conside...
08/18/2008
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As you prepare to list your home, you'll need to determine how to set your asking price. You may come across the term "Comparative Market Analysis", which is used as a tool for gauging the perceived value of your home. However, as a seller, you should think of that informal appraisal more as a ...
08/11/2008
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As a buyer, you may find yourself drifting on an ocean of financing options. As lenders tighten their requirements, there are a few aspects of the loan application of which you should be aware before applying for a mortgage. First, determine whether you are seeking "pre-qualification" or "pre-ap...
08/04/2008
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There are many factors that affect how you'll price your home when you're ready to sell. In spite of market conditions, interest rates, and so on, every transaction is unique. You should seek the assistance of an agent and prepare yourself and your home well in advance of placing the For Sale sig...
08/01/2008
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What comes around goes around, and bad news for sellers has a flip side for buyers. Those ready to make a purchase can take advantage of some great deals, including "REO" properties. If you're unfamiliar with that term, it simply stands for "Real Estate Owned." If a bank is forced to foreclose ...
07/23/2008