There is no requirement for a homeowner to work with a real estate agent when selling a property, and many homeowners consider saving themselves the cost of a real estate agent's commission fee in an effort to reduce costs and to keep more money in their pocket from the sale. While this may seem to make sense, the fact is that a real estate agent's services have true value to you, and there are several key reasons why you want to work with a real estate agent when selling your home. Assistance … [Read more...]
Buying a Home? What to Do if Problems Are Found During the Final Home Inspection
As a home buyer, you may go through a number of different steps to ensure that the property that you purchase is in great condition. For example, you may complete an initial walk-through or even several home tours before you make an offer. You may also order a property inspection and even negotiate for the seller to make some repairs on your behalf. A day or two before your closing date, you may set up a final home inspection to ensure that the home is still in the same condition as the initial … [Read more...]
What’s Ahead For Mortgage Rates This Week – May 4, 2015
Last week's economic news included S&P Case-Shiller Home Price Index reports, the Fed's FOMC meeting statement and pending home sales. Freddie Mac mortgage rates and weekly jobless claims were also released as usual. The details: Case-Shiller: Denver Leads Home Price Gains in February The S&P Case-Shiller 20-City Home Price Index showed that home prices continue to appreciate, but at a slower rate than in previous years. Home prices increased at a seasonally-adjusted year-over-year rate … [Read more...]
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