Should Sellers Offer Home Warranties?
Many buyers are concerned about home repair expenses and a home warranty would offer peace of mind. A home warranty is an inexpensive way to deal with minor issues that can become an issue during the inspection. Some agents suggest that the seller purchase a listing warranty as well as part of the sales process. Understanding the benefits of a home warranty is the first step in deciding if it’s worth the cost to you, the seller.
What is a Home Warranty?
A home warranty is a policy that covers the cost of repairs to a number of critical systems in the home. While coverage varies, most cover electrical, plumbing, heating, air conditioning, and appliances. Some optional coverage could include pool and spa, roofing and code protection among others. In the event that a home buyer has a problem with any...
Benefits to Owning a Home
When does Buying make sense?
There are many reasons that someone should consider buying instead of renting. In Palm Beach County alone, there are over 100,000 renters that would be better off if they purchased their home. Some of the reasons renters don't buy are not based upon fact and it can cost them thousands of dollars longer term.
Top Reasons to Purchase a Home
- Owning your own home vs. renting may lead to some great options, such as locking in your monthly housing expenses. You would be able to benefit from lower taxes since you can file for Homestead Exemption and have the Save our Homes savings.
- Are you tired of white walls or decorator choices that you don't like? If you are a tenant that is just the way it is as you don't have the right to make changes. When you own, you can make...
What I Need to Apply for a Loan
Getting a loan is part of the process for many buyers. It can seem a bit confusing however the right team can make you it easier. Before you start searching for your new home, the first step is to speak with the right lender and determine your budget. Once you find the right home, then your lender will order an appraisal of the property and complete your financing. If this is your first home purchase, or if it’s been a while since you’ve purchased, understanding how to prepare for the qualifying process is the first step to success.
What do I need to qualify for a home loan?
When preparing for your meeting with the lender gather all the pertinent documentation and bring them with you. The lender will want to see 2 months of employment pay stubs and bank records as well the past 2 years...
What Should I do with the House?
One of the most important decisions when getting a divorce is what to do with your house. This is a hard decision for many divorcing couples. There are many reasons that the house becomes a big issue for many couples as it represents so much more than just real estate. Divorce and real estate can be a very stressful and emotional time. Figuring out what to do with your home while dealing with disolving your marriage adds to the complexity of the situation.
Check on the “Whys”
Checking on why you want to keep the home is helpful. Few people realize that they are mourning three things all at once. Those that hold on so hard to the property usually do so because of fear of losing the memories, the changes that face them today, and even...
Top Reasons to Buy vs Renting
On his personal website, self-made millionaire David Bach makes a striking statement: “Not prioritizing homeownership is the single biggest mistake millennials are making.”
He further stated, “Buying a home is an escalator to wealth.”
Bach explains: “Young adults in particular aren’t hopping on this escalator, and it’s a costly mistake…If millennials don’t buy a home, their chances of actually having any wealth in this country are little to none.”
He then elaborates on the game of homeownership:
“Start by crunching the numbers…actually do the math…This way, you’re really clear on your goals and you won’t...
Tips for a Buyer of a Fixer-Upper
Is a Fixer Upper a Good Idea?
Are you dreaming of making your fixer upper dream come true? You can't turn on a tv without seeing all of the renovation shows. It has created a feeling that everyone should buy and renovate a home. More specifically, they show viewers how to take a fixer upper and turn it from an ugly duckling to a special property that they can call home. It sounds so easy but before you grab a sledge hammer and head out to buy that cheap bankowned building on the corner, there are things to consider.
Are you ready to renovate?
First and foremost, how handy are you really? Fixer-uppers can vary from cosmetic paint and carpet, maybe changing a countertop or fixtures; then there are fixers which have...
Divorce and Your Equity
Protecting your equity is always a good idea when selling especially when getting a divorce. When you are having the proceeds split in 1/2 it impacts the funds that you will have to buy your next home. Here are the steps that you can take to put the most money in your bank account.
Remove the Distressed Feeling
Do not start dividing and removing furniture and art from the home. Empty rooms and closets scream divorce. If you have empty closets, move clothes around so it is not obvious that a separation has happened. It is nobodies business of your personal situation and that information could financially harm you during negotiations.
Staging a Great Investment
Staged homes sell faster and for the most money. You can change...
6 Reasons why you should sell your house after divorce
“Bad things do happen; how I respond to them defines my character and the quality of my life. I can choose to sit in perpetual sadness, immobilized by the gravity of my loss, or I can choose to rise from the pain and treasure the most precious gift I have - life itself.” - Walter Anderson
Many say home is where the heart is, a home is a place where you feel comfortable and safe. The emotion that you have with your house is strong. It is where your kids grew up, with pencil marks on the walls reminding of their past, it is where you had many happy hours and memories.
Despite all this, every journey has its ups and downs, junctions and stoppages. When life sets new challenges for us, we should accept it wholeheartedly.
After the divorce, we feel shaken from inside, as if life turns upside down...
Top Reasons You Need Your Own Agent When Buying New Construction
Have you ever walked into the model home showroom of a brand new housing development? There is nothing more exciting than the prospect of building a home from scratch and starting absolutely fresh in a new space. You get to pick the colors of the carpet, choose the countertops and flooring and watch as the home goes up. The nice sales people in the showroom are happy to help you through the process, but did you know that you can bring your own real estate agent to represent you? Yes you can and here are the top reasons why you should have your own agent.
? Choose the Right Development – It’s not enough to find a lovely development; understanding the neighborhood and schools play a big part of home values.