Home Shoppers & the Home Improvement Factor

You’ve done it: found what’s soon to become your family’s new home! It’s in a great neighborhood…reasonable commute…decent kitchen (size is right; definitely upgradeable). All this and it fits the budget! Congrats! Looks like your housing hunt is over…
YET…before you sign on the dotted line, there should be one last check-off. Factor in all the …

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Professional Home Staging: Numbers Tell the Tale

“If you are selling a town home this fall, engage a staging professional to make your house look its best.”
If cost weren’t a factor, most everyone would agree with that advice. But is staging really worth the price? Can staging in town actually help you sell your home? Of course, without being able to …

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Credit Score Overhaul to Affect Mortgage Outlook

For any town resident who has ever been stymied by seemingly arbitrary (or, put another way, nutty) lowering of his or her all-important credit score, next month’s beginning rollout of Fair Isaac’s new credit score model should be welcome news. It will be known as “FICO 9”—and promises to correct a few of the previous …

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First Time Buyers Look to Tap Alternate Funding Avenues

In an improving residential real estate market, first time buyers may flinch at the greater loan amounts that accompany larger price tags. Lending standards have also put some first time buyers through a tougher gauntlet than faced during many previous eras. Although some easing is now beginning to take place, some local first time buyers …

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Using an iPhone to Create a Virtual Tour

A newly-updated NAR survey confirms that 51% of agents with smartphones use iPhones. This fact is hardly startling, since these phones have been such a boon to the real estate business. Today’s agent can use apps to quickly scan and electronically sign documents, instantly get property details for clients, access key boxes—it’s almost hard to …

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Foreclosed Home Market Echoes National Trend

If you’ve been following foreclosure news, you already suspect that cashing in on foreclosed home opportunities in town must be getting more difficult. According to CoreLogic’s Insights report at the end of last month, foreclosure inventory across the nation had dropped 35% from a year earlier. Whenever the number of available bank-owned homes shrinks, the …

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Choose a New Home That Addresses Tomorrow’s Needs

“At the end of the day…” “The bottom line…” “When all is said and done…”
The final verdict on whether any activity is ultimately deemed a triumph comes down to how successfully it addresses future circumstances. It’s especially relevant when you find yourself at the outset of searching for a new home.
That’s not always as easy …

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Property Type Sets the Stage for Marketing Message

If you are preparing to sell your property in town this fall, it’s worth considering what the marketing angle will be: how to characterize it most accurately—and appealingly. It starts with the choice of wording for your home’s property type, which will set up prospective buyers’ expectations before they come upon the more detailed description. …

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Rental Homes Sometimes Do Well to Welcome Pets

Owning rental homes in town may be a profitable venture, but sometimes the image of a landlord could use a little public relations boost. For instance, the cartoon version of a landlord is the opposite of pet-friendly. Lassie or Puff? Fuhgeddaboudit!
That parody landlord attitude might once have been pretty much on target—even in rental homes …

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When Investing in Real Estate, Stick to Your Strategy

If you have been doing groundwork with an eye toward investing in area real estate, chances are you’ve also been watching some new national movement in housing sales. Last month’s Real Trends Housing Market Report showed U.S. sales of 5,880,000 units (a 5.1% increase over June 2013 numbers): “a substantial improvement over the five prior …

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