Understanding how appraisals work will help you achieve a quick and profitable refinance or sale.
1. An appraisal isn’t an exact science
When appraisers evaluate a home’s value, they’re giving their best opinion based on how the home’s features … [Read More...]
After finding a buyer, all you have to do to make it to closing is to avoid these five traps.
Mistake #1: Ignore contingencies
If your contract requires you to do something before the sale, do it. If the buyers make the sale contingent on certain … [Read More...]
Before you put your home up for sale, use the right comparable sales to find the perfect price.
Knowing how much homes similar to yours, called comparable sales (or in real estate lingo, comps), sold for gives you the best idea of the current … [Read More...]
By doing homework in advance, you’ll understand what you’re asked to sign when you close the sale of your home.
1. Set a closing date
Your real estate agent will work with the seller’s agent and title company to schedule your closing date. Be sure … [Read More...]
A solid game plan can help you narrow your homebuying search to find the best home for you.
1. Know thyself
Understand the type of home that suits your personality. Do you prefer a new or existing home? A ranch or a multistory home? If you’re … [Read More...]
News Release Issued: October 4, 2012 10:00 AM EDT
MCLEAN, Va., Oct. 4, 2012 /PRNewswire/ -- Freddie Mac (OTC: FMCC) today released the results of its Primary Mortgage Market Survey® (PMMS®), showing average fixed mortgage rates falling to new … [Read More...]