Category Archives: National Real Estate News

anything related to news happening in the USA real estate market

Is It Time To Sell Your Home?

Selling your home can be a daunting task.  You first have to decide is it the right time to sell?  There are financial and emotional factors that you need to consider. Simply ask yourself why do you want to sell.  At times people simple outgrow their home and there is just not enough room.  Other times all the children have grown and Mom and Dad are left at home to maintain a 5 bedroom home and a few acres.  Either way it is always a good idea to map out the Pros and Cons to your decision to move. If your house is too big it is always best to downsize which will help you save the wear and tear on your body t ... Click to Continue

USDA Mortgages: Take Advantage of These Low-rate Mortgage Loans to Buy a New Home

                Are you thinking about buying a home in a rural or suburban area? If so, you'll want to take a look at the United States Department of Agriculture's mortgage programs as you may qualify for them. In today's blog post we'll introduce the USDA Rural Development Single Family Housing Guaranteed Loan Program, explain the benefits of this mortgage program and how to determine if you qualify. What is a USDA Mortgage Loan? The USDA mortgage program is one of a number of programs in which the federal government will guarantee a mortgage ... Click to Continue

The 5-Minute Guide to Flood Insurance: What It Is, How It Works, and Whether You Need It

  You've got house insurance, and assume your property is covered for any type of detrimental occurrence that can possibly take place. However, not all homeowners are aware that home insurance policies don't necessarily cover damage related to a flood, as the risks are too great. As a result, homeowners must purchase flood insurance through a private company. Floods are one of the most common hazards in the US, costing billions of dollars in damage to properties every year. What Is Flood Insurance? Flood insurance policies are typically made available to homeowners in flood-prone ... Click to Continue

Three Hot Renovations That Will Boost Your Home’s Value Without Breaking the Bank

  Are you feeling the "renovation itch" or perhaps looking for a fun project that you can take on which will provide you with a return on your investment? There are numerous home upgrades and renovations that can add value to a home without costing a large sum of money to complete. Let's take a look at three popular home renovations that can increase your home equity without draining your bank account. Paint Your Home Inside and out Painting the interior or exterior of your home costs very little when compared to how much it can freshen up your home's appearance and increase its value. Painting is a ... Click to Continue

Nearing Retirement? Three Reasons Why You Might Consider a ‘Reverse Mortgage’

If you are nearing retirement, a reverse mortgage might be right for you. This type of mortgage essentially allows you to turn your home equity into cash. If you find yourself with little money, a reverse mortgage could be the perfect solution, and here's why. No Worries About Monthly Payments After taking on a mortgage, there are many costs that you have to worry about. One of these problems is mortgage insurance premiums. Add interest and fees from lender service providers to the mix, and you've got yourself many costs. All of these fees can create tremendous headaches, as a large chunk of the loan amoun ... Click to Continue

Speeding Up the Close: Five Tips on How to Close Your Mortgage Loan Faster So You Can Start Moving In

When a seller accepts an offer from a buyer, the process of obtaining the property has just begun. The buyer now has to conduct an inspection, get approval from an attorney and obtain a mortgage – all of which can be time consuming. Here are a few ways that you can speed up the mortgage process and close the deal sooner. When a seller accepts an offer from a buyer, the process of obtaining the property has just begun. The buyer now has to conduct an inspection, get approval from an attorney and obtain a mortgage – all of which can be time consuming. Here are a few ways that you can speed up the mortgage pr ... Click to Continue

Negotiation Tips: How to Ask the Seller to Pay the Closing Costs

You've found the perfect new house or condo, and you are now preparing an offer that you believe the seller will find tempting enough to accept. However, you know that there are going to be thousands of dollars in closing costs that need to be paid before the sale is completed and you become the home's new owner. The question is, should you ask the seller to pay some or all of the closing costs? In today's blog post we'll address this question and list a few scenarios in which you may want to consider having the seller pick up the tab. Ask if You're Offering the Full Listing Price If you're prepared to offe ... Click to Continue

Three Surprising Spots in Your Home That Might Be Aggravating Your Allergies

Environmental allergens affect the way many people live their lives and clean their homes. Allergens make their way into our houses, and can settle in some unexpected places – but knowing where these irritants can hide can help you eliminate problematic allergens from your home. If your house has you sneezing and wheezing in every room, here are three allergy-triggering places where you wouldn’t expect to find allergens in the home. Allergens Lurking In Your Living Room Visitors to your home brings allergens with them. Allergens are easily transferred from your visitors onto your carpet ... Click to Continue

Turned Down for a Mortgage? What to Do if You are Declined – and How to Get Second Opinion

  If you have been declined for a mortgage, you may think that home ownership is out of reach. However, there are ways to turn a rejection into an approval and to find a more accessible loan. Here are just a few steps you can take to learn about your loan options and get the mortgage that works for you. Find Out Why The Mortgage Application Was Denied The first step to getting a second opinion is to find out why your mortgage application was denied. Banks commonly deny mortgages for reasons like a low credit score, a high debt-to-income ratio, or concerns about the applicant's past and present emplo ... Click to Continue

The Pros and Cons of Buying a New Home Versus Buying Pre-owned

  Are you thinking about buying a new home? Congratulations! Buying a house, condo or townhouse is an exciting and rewarding time which tends to be a lot of fun. However, along the way you'll need to make a number of decisions – including whether you want to buy a pre-owned home or one that has been built recently. Let's take a quick look at some of the pros and cons of buying a new home versus buying pre-owned. New Homes Tend To Have Fewer Problems One of the major upsides of buying new is that newly-built homes tend to have very few problems within the first few years of ownership. While you'll ... Click to Continue