Home Buying, Selling & Renting
Even through a recession buying a home is a sound financial investment and plan for your future. Our articles, guides and tips will bring you through the home buying process from start to finish. Read articles on home styles and terminology, get help in choosing a real estate agent, and advice on financing your home. Very soon you’ll be living in the home of your dreams!
Bright Hub’s Home Buying, Selling & Renting Channel also covers such vast topics as Real Estate Law, where we answer your legal questions on home ownership, buying and selling and fraud. We also cover selling your home, flipping a house, purchasing and managing investment properties. Know your rights and responsibilities, whether you’re renting a home or a landlord. All this and much more inside! Read articles by Realtors, home owners, peers and professionals, comment and share your experience and opinion.
A home appraisal gives your home a value banks will use to determine how much to lend you against your home. Learning how to get ready for a home appraisal can help improve the value. These steps do not cost much money but can make a big difference.
When writing an offer to purchase, house buyers typically rely on real estate professionals. If you are going to be doing this on your own or assisting your agent, it is helpful to understand more about these important contracts.
Selling your home can be a tough task in and of itself but do you know how to counter a lowball offer from a buyer? Here, you learn some negotiating techniques along with advice from real estate professionals.
Are you getting your house ready to sell and looking for some bathroom paint ideas? Here’s some tips on the best colors to use as well as how to make small bathrooms look larger.
The abundance of foreclosed homes has made purchasing an REO home desirable for real estate investors as well as first-time home buyers. The process can be overwhelming for newbies and often includes more than a few potential pitfalls. Some advice, tips and warnings are discussed here.
You’ve been waiting for the home appraisal value of your home to come from the appraiser. The problem: When the value comes in, it is not what you expected. You have options available to you to contest the figure the appraiser has calculated, so learn what the options are to choose the best for you.
“Take care of the pence and the pounds will take care of themselves,” or so goes the old English proverb. Find out how associate broker Chuck Cosmato puts feet to the proverb when he’s advising clients about getting a house ready to sell.
When defining appraisal versus home inspection it is important to note that one means how much a home is worth while the other defines the habitability of a property. Mortgage lenders and investors will require both a property value and numerous inspections before approving any loan on the property.
Today’s housing market offers some challenges for both buyers and sellers. There are too many foreclosures and short sales, and they say it’s a buyer’s market. Enter the Assignment of Mortgage Payment System (AMPS)—is this for real or a giant fraud?
Not every home buyer finds the home they want to spend the rest of their lives in. Many people decide that they prefer to build their own home. For most, this means loans for land, construction and a permanent mortgage. Understanding the requirements for new construction home loans is crucial.
State laws often govern which documents need to be provided to someone purchasing a home. For those who are considering listing their home for sale by owner, documents become even more critical to ensure that the proper disclosures are provided and the contract is properly done.
Property and real estate deeds—there are many—but what deed is needed or used for different circumstances? Here, find a list of common property deeds, along with what they mean in easy terms you can understand.
Buying a home means making a significant financial commitment over a long period of time. Many new buyers turn to government guaranteed home loans. FHA and VA requirements have some common features but the differences must be understood for a loan application to be considered.
If you’re in the military, there are many banks and lenders offering what they call the best loans possible for active duty military members. Are these loan offerings the best out there or are conventional loans just as good? Jean Scheid takes a look.
When it’s time to sell a home, most real estate agents will complete a sales market analysis using comparable homes in one area to help determine the best price. A market analysis is also used in residential appraisals when obtaining loans or for refinancing purposes.
Whether you an experienced landlord or are just starting out, these top 10 tips on how to be a good landlord will ensure your tenants not only like you but will recommend you to others seeking out rental options. You’ll also find out where to get landlord/tenant laws for your state.
Are you tired of having your rental apartments sit vacant or trying to evict non-paying tenants to make room for paying tenants? It could be time to rethink your business model. Consider weekly apartment rentals to reduce your stress and improve the return on your investment. Here’s an easy guide.
When reviewing a loan application, lenders have a predetermined set of factors that will impact their final decision. Factors include the credit-worthiness of the borrower, work history and income. However, another factor that weighs heavily on the lender is the amount of money borrowed.
You want to sell you own home, skip the real estate commission fees and lenders. Is this a good idea? What is the process and what could cause this type of transaction to go wrong? Here, Jean Scheid offers the ins and outs of selling a home on you own.
When it comes to curb appeal, entryway improvements make a big difference. By sprucing up your entryway, you will make your home feel more welcoming to potential buyers and encourage them to stop and take a closer look.