Every so often there’s a home on the market that’s for sale by its owner. Usually, it’s because the seller wants to try their luck without an agent. These types of listings can still offer great deals, but they also come with some nuances. Here’s what you should know about a home that’s for sale by owner. Read More “What to Know About a For Sale by Owner Home”
If you’re selling your home, you’ll want it to look its best in order to get offers. But you’ll also want your property to retain its value so that when your appraisal comes in, it will reflect how much time and effort you’ve invested into your home over the years. Here are some quick maintenance items you can complete to help spruce up your home to attract potential buyers. Read More “Prepare Your Home For Maximum Sale Value”
As of January 26 Fannie Mae will make their Collateral Underwriting (CU) tool available to lenders during the underwriting process. The announcement has elicited mixed reactions from industry experts. So what does it all really mean?
When purchasing a home, a question or concern that comes up either occasionally (or frequently, as the real estate market might dictate) is, “What happens if my appraisal comes in low?” So let’s take a look at the relationship between purchase price and appraised value while also providing some insight into your mortgage options should this dilemma befall your home financing experience.