When you’re getting ready to sell your home, you’re always on the lookout for ways to increase your home’s value and get more money in your pocket. There’s the old standbys, of course, like the kitchen remodel, updating the backyard, redoing the bathrooms. But there’s one quick fix that can seriously boost your home’s value: paint! A recent study by Zillow found that buyers were willing to...
You’re buying a home, you’re likely going to pay some closing costs. And bad news, those closing costs can pack a wallop. Typical closing costs can range depending on the home’s purchase price. For a $350,000, you could pay anywhere from $5,000 and up. Closing costs for the buyer usually consist of the following: - Homeowners insurance - Lender’s fees including loan origination/underwriting...
Hi everyone! Today we’re going to talk about whether it’s better to move or refinance your current house. Before we get into how you would make this decision, let’s do a quick refresher on what a mortgage refinance is. Right now, you pay your mortgage every month, right? A part of your payment goes towards your principal (aka the actual loan amount of your house) and another part goes...
When you’re buying or selling a home, hearing the words “appraisal gap” can make you shudder. An appraisal gap can make the difference between a successful sale or the deal falling through completely. But how does an appraisal gap happen and what can you do to avoid it as a buyer or seller? When you put your home on the market, you list it at a certain price. Let’s say you put it on the market for...
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