During the 1st tour, buyers take a look at a home, usually when the sun is shining bright. During the walk-thru, the sun is probably still shining bright… and that’s it. Most buyers have purchased their home at that point! Once buyers move into a home is when they realize there are many things they […]
Study: Most renters should be buyers
NEW YORK – May 18, 2017 – Rent is so high that a typical renter in the U.S. can purchase a home nearly 50 percent more expensive than the median valued home and keep the same monthly housing budget, according to a new Zillow analysis. The median rent in the U.S. is $1,416 per month, […]
5 tips for buyers in a tight housing market
WASHINGTON – May 15, 2017 – When inventory is low, home prices tend to go up. Attempting to purchase a house in this type of market can make the already complex home-buying process even more overwhelming. To help buyers successfully get through the buying process in a tight inventory market, the National Association of Realtors® […]
5 Mistakes Buyers Make
Making an Offer: 5 Mistakes to Avoid DAILY REAL ESTATE NEWS | WEDNESDAY, MAY 10, 2017 In competitive housing markets across the country, making an offer that sticks has become increasingly difficult. Ensure your client doesn’t make the process even tougher by succumbing to one of these common mistakes. Delaying “Time kills deals,” says Andrew Sandholm […]
Bad credit scores can triple home insurance costs
NEW YORK – May 8, 2017 – Homeowners with a bad credit score can expect to pay double – in some cases, even nearly triple – what owners with solid credit pay for their home insurance, according to a new state-by-state study by insuranceQuotes. Policyholders with fair credit pay an average of 36 percent […]
Contract timing
Time is of the essence. It even says that on the contract! From the minute you are presented with a contract, the clock is ticking. If you are a buyer, you have to present your offer before another buyer swoops in with their own. If you are the seller, there is only a short […]
Why For-Sale-by-Owner Sales Fail
Why For-Sale-by-Owner Sales Fail By Michele Lerner | Nov 26, 2013 Homeowners obviously know their homes better than anyone, but that doesn’t mean they’re the best salespersons for their properties. Some sellers are tempted to try a For Sale by Owner (FSBO) transaction because their local community is in the midst of a sellers’ market […]
Timber Pines Amenities and Clubs
People often ask me what there is to do in Timber Pines. Timber Pines has 4 golf courses, includes THE GRAND PINES – 18 hole championship course. Length – 6,303 yards. THE HILLS – 18 hole executive course. Length – 3,477 yards. THE LAKES – 18 hole executive course. Length – 3,621 yards. THE HIGHLANDS – […]
Timber Pines HOA fees: What do they include?
Timber Pines is one of the most appealing retirement and golf course communities in Hernando county. Many interested buyers often question what the features and benefits of this community are. How much is the monthly HOA fee? The monthly fee is $195. What does the HOA Fee cover? The HOA fee covers the 24-hour on-site […]
If Buyers Want to Save Money: Tell Them to Shop
If Buyers Want to Save Money: Tell Them to Shop DAILY REAL ESTATE NEWS | FRIDAY, APRIL 28, 2017 Home buyers who don’t gather more than one quote when shopping for a mortgage may be losing out on some savings to their monthly payments. Lenders can offer a wide dispersion of rates, up to 50 […]
Defying Predictions, Mortgage Rates Are Dropping—Here’s Why
By Clare Trapasso | Apr 21, 2017 Anxious would-be home buyers have been watching mortgage interest rates finally begin ticking up again in 2017, after years of historical lows. And when the Federal Reserve raised the short-term interest rate in March, the conventional wisdom was that mortgage rates would follow suit—as they typically do. But that’s […]
U.S. existing home sales surge 4.4 percent in March
U.S. home resales rose more than expected in March to the highest level in more than a decade as more homes came on the market and were quickly snapped up by consumers. The National Association of Realtors said on Friday that existing home sales increased 4.4 percent to a seasonally adjusted annual rate of 5.71 […]
Most Consumers Are Wrong About Home Insurance
Most Consumers Are Wrong About Home Insurance DAILY REAL ESTATE NEWS | FRIDAY, APRIL 07, 2017 Fifty-six percent of consumers recently surveyed believe that a standard homeowner’s policy covers flood damage. But they’re mistaken, and their assumption could be a costly mistake. The survey by insuranceQuotes of about 1,000 consumers shows a lot of misunderstandings when […]
Watch out for deed restrictions
CHICAGO – April 3, 2017 – Deed restrictions can bring nasty surprises to homeowners who want to remodel or even when they’re buying a home. These restrictions can limit options over a property features, such as the number of bedrooms, the building height, the type of vehicles allowed in the driveway, the fencing, the type […]
