Posts from May 2024
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6
8 Signs a Home Buyer Isn't Serious
If all those excited home buyer declarations like "This place is just perfect for us" and "I have to have it!" were binding, selling houses would be a breeze. But, as with everything in life, it's not what people say, it's what they do that really matters.
Still, it's hard for home sellers to not get their hopes up when a buyer's gushing over their home—only to be disappointed when the buyer disappears without a peep.
So what are some signs a buyer isn't serious about your home?
It's a good thing experienced pros can tell the difference between the buyer who means business and the one who has no intention of actually sealing the deal—and that these pros graciously agreed to clue us in.
6
The Unsettling Challenges of Selling an Inherited Home—Missing Paperwork, Overgrown Yard, and Big Delays
Homes go up for sale for a variety of reasons, but one of the most challenging is when the property owner has died—leaving family members scrambling to figure out what to do with the house.
This is how the story began for a recent listing represented by Kelly Provost, broker and owner of The Pros Real Estate Services near Worcester, MA. In June 2023, she was contacted by a home seller whose mother had died a year earlier, leaving him the home. While he had initially hoped to fix it up h...
5
Steps To Buy a House: How Long Do They Take?
Homes aren't impulse purchases. It takes time to sift through listings and make your way from one home showing to the next; then, of course, there are those agonizing hours you wait to find out if your offer on a house was accepted, whether you can secure financing, and any number of other holdups.
Just so you're prepared to play the waiting game, here are the steps to buy a house and how long they typically take, so you aren't sitting there holding your breath and wondering if something's up.
How long does it take to find a real estate agent?
Answer:
2
What Is Going on with Mortgage Rates?
You may have heard mortgage rates are going to stay a bit higher for longer than originally expected. And if you're wondering why, the answer lies in the latest economic data. Here's a quick overview of what's happening with mortgage rates and what experts say is ahead.
Economic Factors That Impact Mortgage Rates
When it comes to mortgage rates, things like the job market, the pace of inflation, consumer spending, geopolitical uncertainty, and more all have an impact. Another factor at play is the Federal Reserve
2
The Perks of Buying over Renting
Thinking about buying a home? While today's mortgage rates might seem a bit intimidating, here are two solid reasons why, if you're ready and able, it could still be a smart move to get your own place.
1. Home Values Typically Go Up Over Time
There's been some confusion over the past year or so about which way
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