Real Estate Tips & Updates

There are lots of ways to market your real estate listing, but there’s one often overlooked avenue that can be free and very effective: social media. Think about it – you’re heavily connected to friends, family and collegues and you belong to platforms that make it easy to share

You’re ready to list your home – but you aren’t sure how long it’s going to be on the market, which makes planning very difficult. So how do you determine how long it will take to sell? Step one is to take a look at other recently sold

Everyone knows a picture is worth 1000 words – but did you know that listing photos are actually worth 5000 words, each one influencing whether a buyer will (or won’t) purchase your home? It’s true! And with a majority of buyers searching for their next home online, the quality

The more interested a buyer is in your home, the more likely they are to ask questions to learn more about it. That's why after you list, you need to be prepared to answer a range of questions about everything from your monthly utilities to how long it takes to get somewhere. Here are the top ten questions buyers tend to ask. 1. What is the neighborhood like? Does the neighborhood decorate for the holidays? Are there a lot of garage sales? Is there a 4th of July block party? Tell yo

As you likely know, there are a number of fees involved in a real estate transaction [https://www.homebay.com/tips/what-it-really-costs-to-sell-a-home-seller-fees-explained] . Mortgage fees fall into that category. This post will explain what mortgage fees are, what they cover and who pays them. What mortgage fees are involved in a sale? Fees associated with applying for a mortgage are paid for by the buyer. As buyers evaluate various lenders, it's a smart practice to compare home loan fees the

There are a number of fees involved [https://www.homebay.com/tips/what-it-really-costs-to-sell-a-home-seller-fees-explained] in buying and selling a home, and real estate transfer taxes fall into this category. Curious about what transfer taxes are and what types of transfers incur these fees? Keep reading for answers! What is Transfer Tax? When one person (or entity) transfers land or real property to another, the transaction may incur a transfer tax. The tax rate can vary by location [http:/

In a real estate transaction, buyers and sellers are sometimes faced with an issue they cannot resolve on their own. Rather than litigate (i.e. go to court), the parties can agree to mediation or arbitration. These alternative methods of resolving issues are typically faster and less expensive for both parties, making them preferred options over litigation. The decision to use mediation and arbitration (vs. litigation) is written directly into the Offer to Purchase Real Estate. Mediation vs. A

A home warranty protects a home buyer from costs associated with home repairs in their first year of ownership. For example, if the dishwasher breaks or if a pipe bursts, the warranty company will pay to fix or replace it. Read on for more details on what a home warranty covers and what it costs. Coverage: A home warranty will typically provide repair or replacement coverage for appliances [https://www.homebay.com/tips/do-you-have-to-fix-everything-before-you-sell-your-house] , plumbing, electr

When you purchase a property, you have to decide how you want title to read after closing. "Title" is the legal paperwork that states who owns the property. Title can be held by a person, a company, or a trust. This post will explain what your options are and how your name will look on your title in various examples. Examples: John Smith owns a limited liability corporation, called Smith LLC. He also has a trust, called The J. Smith Trust. When John purchases a real estate property, he can choo

Coming up with a sale price for your home can seem overwhelming. However, with good guidance and the help of online home value tools, it’s easy to set a price that will both entice potential buyers and give you good returns. Consider the following to be sure your pricing