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Luxury Vinyl Plank florring
This is an extremely popular flooring, especially in new construction and remodels. Many times, it’s referred to as “LVP”. There are many qualities available at different prices. The chief differences are the weight, the durability, the warranty and moisture resistance. The upper qualities are water proof and have warranties that can be 30 years to…
Read MoreHow to present a home to the market
Why is it that some homes sell in hours for thousands over list and others don’t. Well, back in the old days, when I was first licensed, we were told that it was either price, location or condition. Many things have changed but some haven’t. The seller should want to buyer to be motivated to…
Read MoreAre we looking at another housing bubble about to burst?
Absolutely not! When we saw the bubble burst in 2008, (That was hard on everyone in the business), there were a lot of causitive factors that were in place then that are not now. One of those factors was, if you had a pulse, you could get a mortgage an there were many loans out…
Read MoreBuyers may want to limit their risk when writing an offer in this market
In this market of low inventory and high numbers of buyers, buying your home can be frustrating. This is my job, to take the frustration away, as much as possible. Now, I want to address a couple of concerns: In order to get their offers accepted, many people are removing the contingencies for appraisals and…
Read MoreThe Real Estate market is changing quickly
Interest rates are still low, but rising. There is a shortage of inventory. It is tougher to get an offer accepted. Buyers must move quickly in this market. These are the things that we are dealing with at this time Yes, things are difficult, but if buyers, sellers and their Realtors have a plan, things…
Read MoreTankless water heaters are here to stay
Tankless water heaters are hear to stay. In their first few years, there were bugs that had to be worked out, as there is with any new product. Now, I haven’t had any problems with them in years and they are in all of our new homes. How do they save energy and money? Regular…
Read MoreEnergy Efficiency
Some people are downsizing, in this age of extreme inflation, just to save money on utility bills and maintenance. This may not be what you need to do. There are several energy efficient modifications that can be made to your home or if you’re shopping for a new home, make sure that these features are…
Read MoreSelling Your Home – Short Sales
When does foreclosure begin? Lenders will initiate foreclosure proceedings when borrowers become delinquent in their mortgage obligations, usually after three payments are missed. The lender will then notify the borrower in writing that he or she is in default. The lender can request a trustee’s sale or a judicial foreclosure, in which the property is…
Read MoreSelling Your Home – Selling at a Loss
Can a home seller sell a home for less than its mortgage? Yes, in some case you can sell your home for less than what you still owe on the mortgage, but this is complicated and depends on the lender. This situation is known as a “short sale.” Sometimes a lender will be willing to…
Read MoreSelling Your Home – Seller Financing
What is seller financing? Seller financing is when a seller helps to finance a real estate transaction by taking back a second note, or even financing the entire purchase if the seller owns the home free and clear. Usually sellers do this when a buyer has difficulty qualifying for a conventional loan or meeting the…
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