What is a Home Appraisal?

A residential property appraisal helps establish a home’s market value, or the likely sales price that the property would fetch if offered in a competitive real estate market. Whenever someone uses a home or other type of real estate as security for a loan, the lender will order an appraisal to be conducted by a […]

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Who Pays the Real Estate Commissions?

Your contract with a buyer’s agent will usually stipulate that the agent’s commissions – typically about 3 percent – be paid out of the seller’s proceeds at closing. Does that mean the seller pays? Well it does and it doesn’t. Since you, the buyer are the one taking the cash to the table and the […]

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Finding an Agent: Experience is the Best Credential

Not all those million agents are serious pros. It’s relatively easy to get into the real estate business but it is tough to make a good living there. Some people just dabble in real estate and some inexperienced agents get precious little hand-holding from their brokers. Brokers are also licensed by the state. They typically […]

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Contemporary-Style Homes

This catch-all describes the homes you will find on many builders’ lots today. Even if the exterior looks like a colonial, craftsman or Tudor-style home or a Mediterranean villa, inside you are very likely to find a medley of greatest hits. Among the highlights: Showroom kitchens that are fully open to an expansive, high-ceiling family […]

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Cape Cod or Cottage Homes

Cape-cod style homes were built as early as the 1700s but their modern heyday was in the first half of the 1900s. These are the modest but comfy family homes, typically with only one or one and a half stories as the second floor is actually converted attic space with dormer windows to let in […]

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Spanish/Mediterranean-Style Homes

The British were not the only ones to establish colonies in the New World. In areas from Florida westward to Texas and on through most of California where the Spanish language prevailed among early settlers, Spanish is also the language of the architecture. Homes built with a Spanish/Mediterranean flair still are among the most popular […]

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Ranch-Style Homes

Ranch-style homes started to be built during the 1940s but they became the house of the postwar baby boom of the 1950s and 60s. The suburbs were expanding and land was still cheap enough that homeowners did not feel compelled to stack the bedrooms on top of the living space. Homeowners’ Manifest Destiny would be […]

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Points to Remember Before Searching for a Home

Make sure that you have everything figured out before starting your home search – both on the financing side and in terms of your own wants and needs. Below is a checklist you can use as a guide for your home search: Get your financial house in order first and that includes determining what your […]

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Is a Foreclosed Home Right For Me?

As of this August, home foreclosures are at an all-time high across the country. Although low sticker prices might tempt many first-time home buyers to invest in a house that’s been foreclosed upon, putting your money into bank-owned property isn’t always a good decision. Here a few things to keep in mind if you’re on […]

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4 Things You Should Know Before Signing a Mortgage

So you’ve found the home of your dreams, and now the only thing keeping you from your new life is signing for a mortgage to finance it. Simple enough, right? Not quite. Mortgages are complex legal documents that are easy to misread or misinterpret, so there are a few things you should know about your […]

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