The VA loan program was created in 1944 by the U.S. government as a benefit to veterans for their service to our country. VA loans are not made by the Veteran’s Administration rather the VA provides a partial guarantee to the lenders that provide them. This allows for favorable program features and terms for the [...]
Many homeowners choose to get their properties appraised before selling a home. Having an appraisal can help sellers determine how to price their homes to avoid asking for too much or too little. Appraisers examine a variety of factors when valuing a home, including market conditions, the surrounding neighborhood and the home itself. So when [...]
The housing recovery is expected to grow at an annualized rate 0.6 percent through the third quarter of this year, then gain momentum and prices are projected to grow 3.7 percent between the third quarters of 2013 and 2014 until settling down to 3.3 percent annual increases over the next three years according to Fiserv, [...]
Given all the tools the Internet and modern innovation make available to consumers in general, some may wonder whether they truly need an agent to help sell their home. If having doubts, homeowners looking to sell should consider what a professional brings to the table. For starters, MSN Real Estate notes real estate agents are familiar with all [...]
Low mortgage rates have made buying a home more affordable and turned rentals into an attractive option for investors. Throughout the downturn in the housing market, average investors, sometimes pooling their money, have bought foreclosures at a sharp discount and turned them into rentals. Many homeowners also have purchased a second home and rented [...]
What is the best price for a piece of real estate? Mortgage lenders, appraisers, and real estate brokers use what is called the "fair market value" (FMV). FMV has been defined as "the price that a buyer is willing to pay and the seller is willing to accept, when both parties are knowledgeable about the [...]
No one wants to spend a fortune when it comes to selling a home, but most want to spruce up a few areas to make their property more appealing to potential buyers. There are several types of small improvements individuals can make that can transform the look of a home without forcing them to break [...]
It is common for homeowners to think that selling a home is an expensive endeavor, which may in turn cause them to hold off on putting their home on the market. From repairs to staging the process can seem overwhelming. However, with the advice of a real estate agent, sellers often find there are several [...]
Those that choose to sell their own homes often hope to avoid the commission paid to real estate agents. While those familiar with the housing market and process of selling a home may enjoy a successful sale, plenty of inexperienced home sellers have encountered nothing but headaches. Besides limiting the number of potential buyers, the [...]
The VA loan program was created in 1944 by the U.S. government as a benefit to veterans for their service to our country. VA loans are not made by the Veteran’s Administration rather the VA provides a partial guarantee to the lenders that provide them. This allows for favorable program features and terms for the [...]