Basically, a home’s worth is determined by its market value. How is “market value” determined? Most often, it’s figured by a comparison (“comp”) with homes similar to yours in the surrounding area. So, if the homes in your neighborhood average, say, $250,000, then it’s likely that the value of your property will fall in the same…Read More
Know the “why” behind your move Clients need to understand the “Why” as to what is their motivation behind the transition and move for their family. A client’s motivation an important role in the process. Motivation can affect everything from setting a price, to deciding how much time and money you’ll invest to getting…Read More
“Frank, I had my home on the market now for 3 months and nothing happened …” “Why my home didn’t Sell!” I get asked these questions at least one a week. When a home does not sell, Sellers’s can be very frustrated, disappointed and maybe even very upset with the real estate community and the…Read More
The short answer is “contingencies.” In simple terms, a contingency in a real estate contract means that the buyer or the seller has to do something in order for the contract to move forward. If you a buyer or seller and are part of a real estate contract, you absolutely need to understand the…Read More
With interest rates still around 4.5%, now is a great time to look back at where rates have been over the last 40 years.
Rates are projected to climb to 5.0% by this time next year according to Freddie Mac.
The impact your interest…
There is a lot of uncertainty regarding the real estate market heading into 2019. That uncertainty has raised concerns that we may be headed toward another housing crash like the one we experienced a decade ago. Here are four reasons why today’s market is much different: 1. There are fewer foreclosures now than there were […]Read More