Articles and News about Residential Real Estate
If you’re wanting to buy your first home in this housing market, there are a few things you should do first. That way you’re in the best possible financial position before you start making moves. So to help you in figuring all of this out, here are three ways to prepare financially for entering the housing market for the first time.
Surprisingly, many first-time homebuyers are retirees or older individuals. Many seniors who have lived in their current homes for many years might decide to upgrade to a newer model for reasons like preferring a warmer climate or wanting to be closer to family. So what are the key issues to focus on when buying a home as a senior?
A home warranty is an insurance policy that covers the repair or replacement of major systems and appliances in a home. For landlords, having a home warranty in place can provide protection against expensive repairs or replacements, as well as peace of mind. In this blog post, we’ll explore seven benefits of having a home warranty for a rental property.
You might think that a homeowner association (HOA), or someone you know, has the ultimate say in everything in your community. An HOA’s power is restricted and they cannot do anything they like. First, we’ll discuss what is an HOA. Then, we’re going to cover what they can and cannot do.
Although buying a new home is an exciting experience for many, it can also be daunting. The entire process involves completing several steps, all of which can make the home-buying journey stressful. So where to begin? What are the best questions to ask real estate agents?
When you decide to buy real estate, because it’s a high-ticket item, you want to get it right. Once you understand how it works, then you can simplify the entire process. From looking for homes to buy to financing and more, there is a lot to learn. Read on to learn essential real estate advice to help you build your investments.
Have you heard of a retirement village? Well, they have been around for decades. They are an excellent option for older people who want to live independently. They aren’t only an option for people who can no longer live alone because they offer a great deal!
There are many new realities we face in the aftermath of the pandemic and the decisions made by our political leaders. An obvious one is that the pandemic started a migration trend. Americans are moving away from major metro areas and instead are moving to the suburbs or smaller cities.
The impact of technology on real estate is undeniable. It’s been essential in marketing sellers’ homes, helping buyers get more involved in the process, and increasing safety for many in the industry. Crime remains a problem in the US. In Louisville, your chance of becoming a victim of a property crime is one in 29. As a result, security technology holds great value to buyers, renters, and real estate professionals.
It will be incredibly difficult dealing with a flooded home. However, it is important to act quickly to protect your possessions and your financial future. It’s normal to think, “Should we repair it?” Or, would it make more sense to sell it? Let’s dive into the details so you can make an informed decision.
The financial cost of restoring a house after it has been damaged by water is often more important than the emotional toll. Did you have flood insurance? Your insurance may be either through a private carrier or directly through FEMA depending on where your property is on the flood map. What’s the difference? It is evident that there is a difference.
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Maybe you got a new job in Louisville. Maybe you found the love of your life in Louisville. Or, maybe you just need to change things up a bit, again, in Louisville. To be honest, why you need to move to Louisville doesn’t really matter. What matters is buying a property in Louisville when you’re not familiar with the city. That’s where we come in!
Thinking of selling or refinancing your home? Or maybe you’re interested in buying a new property somewhere in the state? If you’re going to need a loan then an appraisal will be part of the process. In this article, we’re going to look at the home appraisal basics so that you’ll be “in the know.”
Not everyone has the funds available to pay the total price of a house in cash from their bank account. Congratulations on your purchase if you were able to do just that! However, for such a large purchase, a mortgage loan is typically required. Which will require an appraisal. So should you waive the appraisal contingency in order to win the deal? Let’s jump in!
Do you have an agent but wonder if this is how it’s supposed to work? Maybe the thought has popped into your mind that you might need a new real estate agent. But how do you know? There are a few key signs that may indicate it’s time for a change.
Spring is just past and now Summer is in full swing! If you haven’t already, it’s time to get your pool ready for summer! Summer is the time for being able to truly enjoy the outdoors. When things get too hot, that’s where the pool comes in. Now, does your pool area have everything it needs? Let’s jump in! (Get it? Jump… OK, I’ll stop.)
