Why Home Prices May Be Rising During the Pandemic Many sellers are reluctant to cut prices. Realtor.com: About 4% of sellers cut their prices in the week ended April 25, down from 5.7% in the same week last year. THE LATEST INFORMATION ON CORONAVIRUS FOR REALTORS IN FLORIDA Florida Realtors is monitoring everything regarding how the …
What Is a Good Credit Score to Buy a House? By Daniel Bortz | Feb 11, 2019 If you’re hoping to buy a home, one number you’ll want to get to know well is your credit score. Also called a credit rating or FICO score (named after the company that created it, the Fair Isaac …
“Renovating my house was a piece of cake,” said no one ever. Indeed, even seemingly simple projects, like installing a screen door, staining hardwood floors, or refacing kitchen cabinets, can surprise homeowners with unexpected challenges and ever-escalating costs. And the problems multiply if you make certain all-too-common mistakes. We’re not trying to discourage you from …
Ask a real estate pro: House encroaches on utility easement — is this a problem? Owner of Gibraltar Title, Board-certified real estate lawyer Gary M. Singer writes about the housing market in the Sun Sentinel each Monday. Q: My house was built 2 feet into the utility easements. There is a utility pole with electric …
Can you negotiate rent? While rental leases may appear set in stone, they’re more flexible than many tenants think—so if you think your rent is too damn high, it’s definitely worth speaking up. Negotiating rent with a landlord might seem like a hard battle to win, but it’s entirely doable if you can prove two things: 1) the …
Can my community stop me from parking a truck in my driveway? BY:Owner of Gibraltar Title, Board-certified real estate lawyer Gary M. Singer writes about the housing market in the Sun Sentinel each Monday. Q: Why is it that community associations don’t allow trucks or commercial vehicles to be parked in driveways overnight? This country …
Everything you need to know about buying a home — on one index card. A home is often the biggest financial investment you’ll make in your lifetime. In fact, a recent Zillow analysis reports that the typical American homeowner has 40 percent of their wealth tied up in their home. Several years ago, I wrote a complete guide …
Despite a red-hot real estate market, most aspiring buyers can still afford to buy a home—if they can find one. But it may not be that way for much longer. Households bringing in at least $68,000 a year, the national median, could afford about 59.6% of all newly constructed and existing (previously lived in) homes …
Calculating Closing Costs In the sale, the sellers usually pay the larger figure of closing costs because they are charged with paying out the commission to the real estate agents. But buyers can try to negotiate with the seller for the seller to pay a portion of the closing costs on behalf of the buyer. …
If you’re looking up “FHA loan requirements,” you are very likely wondering if you qualify for an FHA loan. These mortgages, which are insured by the Federal Housing Administration, help home buyers secure financing to buy a home despite their low income, lack of savings, or poor credit scores—the kind of things that often prevent people from getting a conventional loan. “FHA loans …