Real Estate Archives - Page 30 of 35 - Lori Blank & Associates

14

Jan

Real Estate

The Younger Generations Are Interested In Owning A Home

The real estate market has been red hot this year, with many people looking to purchase a home because of record-low interest rates. This includes younger individuals, as younger generations are interested in owning a house for the first time. The past couple of years have been anything except normal, and the housing market has taken off, with demand far exceeding supply. Why is this taking place? Record Low-Interest Rates Are Driving People Into the Market Even though there are many reasons why people are interested in purchasing a home, incredibly low-interest rates are one of the biggest reasons. Many…

15

Dec

By Lori Blank

Real Estate

Owning A Home With Boat And RV Parking: The Benefits

Everyone is looking for something slightly different in a home. Even though the location is still the most important factor, some people have specific criteria they require. For example, those who love the water might be looking for a house with parking for boats and RVs. What are a few benefits of purchasing a house with room for these extra vehicles? Reduced Storage Expenses The first benefit of owning a home with a boat for RV parking is reduced storage expenses. Owning a boat means you have to take care of it, and some people have to pay for space…

08

Dec

By Lori Blank

Real Estate Tips

Qualifying For A Mortgage Credit Certificate

Purchasing a house can be expensive, but there are measures in place to make it easier, particularly for people buying a home for the first time. One option is a mortgage credit certificate. What is the certificate, and how does it work? A Mortgage Certificate Is A Tax Credit A mortgage credit certificate, usually shortened to MCC, is a credit issued to first-time homebuyers by the local or state government. This certificate allows first-time homeowners to claim a federal tax credit for mortgage interest paid on the loan, with a limit of up to $2,000. When someone takes out a…

07

Dec

By Lori Blank

Real Estate

Tips For Buying A Home In Another State

There are many reasons why people need to move. Some people might be moving to be closer to a school. Other people might be moving to live closer to family members. Some people might have gotten a job in another state. Purchasing a home in another state can be a challenge, but technology has made it easier. Even though a lot of people still prefer to see a potential home in person, it is possible to take a virtual tour of a house. As a result, some people purchase homes they have never seen in person. On the other hand,…

03

Dec

By Lori Blank

Real Estate

How To Sell A Home Around The Holidays

It is true that the summer months are a hot time for the real estate market. Many families with children prefer to move during the summer because they do not have to pull their kids out of school. On the other hand, it is possible to sell a home during the holidays. There are fewer homes on the market, so this could drive up prices. What are a few tips homeowners should follow for selling their houses around the holidays? Remove The Clutter When the temperature cools off, people spend more time inside. Therefore, it is easy for houses to…

02

Dec

By Lori Blank

Real Estate

When Inventory Is Low, Sellers Win

The real estate market has gone through a number of changes during the past few months. When inventory is low, sellers win. They have the ability to pick a buyer, they can make more money, and they can sell a house faster. What are some of the biggest reasons why sellers win when inventory is low? The Asking Price Goes Up One of the biggest reasons why sellers win when inventory is low is that the asking price goes up. When there are more buyers than there are sellers, a seller may have multiple offers on the table. Then, the…

01

Dec

By Lori Blank

Real Estate Tips

Decluttering A Home Can Make A Major Impact

There are numerous homeowners who are looking for a way to make more space. Even a small decluttering project can make a significant difference to the amount of space available in a home. This can also make it easier for homeowners to find what they are looking for. Furthermore, if a home is going on the market in the near future, it needs to be as clean as possible. That way, prospective buyers can see the potential of a home. What are a few examples of decluttering projects that can make a significant difference? Clean Under The Kitchen Sink The…

30

Nov

By Lori Blank

Real Estate Tips

What To Know About Property Values and Refinancing

There are many people who are thinking about refinancing their homes. For example, some people may be interested in reducing their monthly payments, while other people may be interested in tapping into the value of the home to fund a home improvement project. What is the relationship between property values and refinancing? There are several important points to keep in mind. Property Values Tend To Rise First, it is important for homeowners to understand that property values tend to rise during the life of a mortgage. For example, someone may purchase a home valued at $250,000. Then, fifteen years later,…

19

Nov

By Lori Blank

Real Estate

Renters Missed Out On Tens Of Thousands Of Dollars This Past Year

Rent has gone up significantly during the past year. Even though it is not unusual for rent to go up over time, the average rent across the country has increased significantly during the past year. This means that the average rent will probably be even higher next year than it is this year. Even though this is one of the biggest deterrents against renting, there are other reasons to get out of the rental market as well. Renters Stand To Lose More Money This Year One of the biggest reasons why renters are losing so much money is that the…

12

Nov

By Lori Blank

Real Estate

Tips For Selling A House During The Winter Season

The most popular time of year to sell a home is the summer. There are a lot of families with children who prefer to move during the summer because they do not want to move their children during the school year. In contrast, many people do not like to move during the winter. It can be difficult to request extra time off of work, particularly during the holiday season. At the same time, it is still possible to sell a home during the winter. What are a few tips homeowners need to follow to sell a home during the winter? Maximize…