May, 2018

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How to Sell Your Parents’ House With Your Siblings’ Help—and Avoid a Family Feud

Realtor

Jens Magnusson/Getty Images When your parents pass away, you might find yourself tasked with selling their house—and if you have siblings, hopefully they will offer help on this front. Problem is, in the same way you all squabbled over who had the better bedroom or more toys growing up, you may find yourself embroiled in a whole new kind of family feud as you attempt to unload this baggage-laden piece of real estate.

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Interest rates are the highest in the past 7 years!!!

Robinson Appraisal Group

Interest rates for buyers with good credit or credit worthiness for a 30 year loan is approximately 4.875% while average buyers fall around 5%. A hike in rates have been talked about since last year with minimal increases until recently. Mortgage rates started around 4% at the beginning of 2018 and have seen a steady increase. With the positive retail sales data and the rising home costs due to low inventory in some of the major markets the interest rate hike is not a complete surprise.

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Mokena Market Trends

Advanced Appraisal

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When Is The Best Time To Sell?

Anthem Valuation

New research suggests that for the country as a whole May, June, July are the best times to sell with an overall 6% increase in May for estimated market value. However, in the Twin Cities Metro the best month to sell is June with a increase of 3.1 % in value. [link]. The post When Is The Best Time To Sell? appeared first on Anthem Valuation Blog.

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The Huge Risk Home Buyers Take When They Waive Inspections

Zillow

If you're buying a home in a competitive market and your offers keep getting beat out, you may be tempted to resort to desperate measures. In addition to offering more than the asking price or a quick closing, some buyers agree to waive inspections. This is never a good idea. The home may look OK to the naked eye, but it’s what's beyond the surface, or items that you can't identify as problematic, that cause the biggest issues.

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6 Biggest Mistakes Home Buyers Make in Fort Hood, TX

Hood Homes Blog

Takeaways. Work with a Realtor to avoid many of these issues. Avoiding overspending is probably the most important rule. The VA loan is great – but not necessarily your only or even best option! Bad Budgeting. If you are just starting out on your journey to homeownership, you will want to start by locking down your budget. That process comes with Step 2 of buying a home , working with a lender.

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PRESSURE: MY STORY

The People's Appraisal Blog

In just 16 years as an appraiser, I’ve seen and heard many things. Some, I just want to forget and some I wish I never heard. Appraiser pressures aren’t normal everyday life pressures, they’re different.Typically, when business is good, it’s for reasons like doing a great job and providing a great service. Or, it could be because one aims to keep the client happy by hitting value, which is not exactly a good thing.

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In-Person Home Appraisals Won’t Be Required for Some Loans: Should You Get One Anyway?

Realtor

tadamichi; realtor.com With home prices zooming ever higher and mortgage rates ticking up, some people seeking mortgage loans or refinances could get a much-needed break. They may no longer be required to get formal property appraisals—a change that could save them hundreds of dollars and speed up the closing process. A little-known change in requirements last year from mortgage giants Fannie Mae and Freddie Mac has made these waivers for traditional, in-person appraisals available.

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How to Sell Your Parents’ House With Your Siblings’ Help—and Avoid a Family Feud

Realtor

Jens Magnusson/Getty Images When your parents pass away, you might find yourself tasked with selling their house—and if you have siblings, hopefully they will offer help on this front. Problem is, in the same way you all squabbled over who had the better bedroom or more toys growing up, you may find yourself embroiled in a whole new kind of family feud as you attempt to unload this baggage-laden piece of real estate.

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Picking a Moving Company: How Do Your Choices Stack Up?

Zillow

By Manuella Irwin Selecting a moving company can be overwhelming. You probably have a few friends with recommendations, and there are plenty of movers' ads online and offline - but which company’s the best fit? The process of choosing a mover varies slightly, depending on what kind of move you’re planning , but a few key factors are constant.

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The 7 Craziest Mistakes Realtors Make in Fort Hood, TX

Hood Homes Blog

Takeaways. The client comes first. Be frugal and be very deliberate about what you spend money on early. Continue to up your game with professional development. Not Putting Listings in Zillow. Call it “Zillow Derangement Syndrome” If you aren’t plugged into the real estate scene, go find your closest Realtor friend and just say “I love Zillow” Then I recommend running away very quickly.