Common Home-Buying Mistakes People Make at Every Age

(TNS)—No matter the age or life stage, everyone makes mistakes when it comes to home-buying. Whether it’s picking the wrong location or buying more house than you can afford, the mistakes are often universal, says Ilyce Glink, author of “100 Questions Every First-Time Home Buyer Should Ask.” “When you’re in your 20s, your life isn’t […]

The post Common Home-Buying Mistakes People Make at Every Age appeared first on RISMedia.

How the On-Demand Consumer Has Changed the Real Estate Industry

Over the last decade, homebuyers have become more tech-savvy, beginning with a simple shift of traditional in-store shopping and REALTOR® office visits to Cyber Monday shopping and searching for house listings online. As the real estate industry continues to grow, consumers have come to adopt, and expect, a self-sufficient, on-demand technology experience, where they have […]

The post How the On-Demand Consumer Has Changed the Real Estate Industry appeared first on RISMedia.

How to Avoid a Low Home Appraisal

(TNS)—Even when a seller and buyer agree on a price for a home, the deal can collapse if the property appraises for less than that price. For example, let’s say a seller lists his house for $325,000, the buyer offers $275,000, but they settle on $300,000. A week before closing, the appraisal comes in at […]

The post How to Avoid a Low Home Appraisal appeared first on RISMedia.

Silent Killers: Managing Transactions With Hazardous Home Conditions

Mold. Radon. Lead. For many homebuyers, these are words that strike fear and introduce uncertainty into a real estate transaction. Depending on how severe the conditions are, they not only may be hazardous to the health of the home dwellers, but also may be deal-killers, as well. So, what’s the best way to manage a […]

The post Silent Killers: Managing Transactions With Hazardous Home Conditions appeared first on RISMedia.

5 Home Inspection Mistakes Buyers and Sellers Make

(TNS)— A home inspection is an assessment of a home’s condition. Home inspectors not only identify problems with houses; they can give buyers information that will help them with the upkeep. “We want to teach them how to maintain the property because it’s the biggest investment they’ll ever make,” says Alden E. Gibson, a past […]

The post 5 Home Inspection Mistakes Buyers and Sellers Make appeared first on RISMedia.

Keys to Buying a Second Home

(TNS)—If you’ve been thinking about buying a second home, now is a good time to take the leap. Mortgage rates are still historically low. But there are some vital things to do before you start shopping. Follow these steps to make buying a second home a smooth process: The best way to start the search […]

The post Keys to Buying a Second Home appeared first on RISMedia.

Ask the Expert: Can a Home Inspection Help the Mortgage Process Along?

Today’s Ask the Expert column features Dan Steward, president of Pillar To Post Home Inspectors. Q: Should sellers get a home inspection to help the mortgage process along? A: If you’re a seller, it behooves you to get your own home inspection prior to putting your house on the market. But why spend money on one […]

The post Ask the Expert: Can a Home Inspection Help the Mortgage Process Along? appeared first on RISMedia.

6 Things You Must Do Before Buying a Home

(TNS)—Buying a home is a huge investment—probably the most significant purchase of your life. It’s not something you should do without preparation. Before you start on the road to homeownership, make sure you are ready. Improve your credit score. A high credit score snags you the best deals. “Below 660 or 680, you’re either going […]

The post 6 Things You Must Do Before Buying a Home appeared first on RISMedia.

What to Consider When Selling Your Home in a Rising Rate Environment

There are many economic variables to consider when selling your home when interest rates are rising. If that’s the only changing economic variable, you’re generally going to see a negative impact on both home sales and home prices. This means as interest rates rise, the buyer pool for your home is going to shrink. In […]

The post What to Consider When Selling Your Home in a Rising Rate Environment appeared first on RISMedia.

4 Ways to Prepare for a Competitive Spring Home-Buying Season

(TNS)—With housing inventory far lower than demand and mortgage rates poised to rise, it’s going to be a competitive market for homebuyers this spring. If you’re looking to buy a home this season, here’s how to prepare yourself to enter the fray.  Get your financial house in order. Unless you plan on paying for the […]

The post 4 Ways to Prepare for a Competitive Spring Home-Buying Season appeared first on RISMedia.