Since it’s time for Valentine’s Day, it seems now would be a good time to discuss what steps you and your significant other should take if you’re considering buying a house together. No. 1 on the list: finances. While a discussion about money can be uncomfortable, it’s important. A lender will look only at the…
Almost one-in-four—or 23.6 percent—of homes sold in 2017 ended going for more than their asking price, up from 21.8 percent in 2016. This means the market is competitive, because prices tend to escalate when more than one buyer bids on the same home. Keep in mind, however, that the person who offers the highest price…
Does your home offer any of the perks that some buyers will pay more for? Here, Zillow discusses several surprising things that can affect either the existing value of your home or the price someone is willing to pay for it, all based on data. 1. How close you are to a Starbucks How far do…
Whether you’re a seasoned or first-time home buyer, be prepared to know your FICO score and have a firm understanding of your credit history. Here, Zillow explains how another person’s credit history can affect a joint home purchase. What is a FICO score? FICO stands for the Fair Isaac Corporation, the company that developed the…
How to Spot an Up-And-Coming Neighborhood in Your City Thinking of taking on the challenge of buying a home in a diamond-in-the-rough neighborhood that could soon be teeming with new businesses, residents, life and high property values? Here, Trulia offers seven questions to ask that can help you determine if a neighborhood is up and coming…
Although it might be tempting to ignore a long commute to snag an otherwise perfect home, your commute time should take high priority during your house hunt if you work at an office. Here, Realtor.com shows you how to factor your commute into your home-buying process so you can decide where you want to live. Home prices If…
A home reflects its owner’s personality, tastes and values. So, because individuals are unique and have their own idea of what’s important when choosing a home, Redfin decided to compare and contrast what different types of home buyers care about when choosing a place to call home. Redfin surveyed more than 1,000 Americans on the features and factors…
Home prices are rising, which means a lender would require you to get a jumbo loan—a mortgage that is for more than the conforming limit set by Fannie Mae and Freddie Mac. But don’t worry. Today’s jumbo mortgage rates are lower and lenders are easing up on the stricter requirements. In 2018, the jumbo mortgage…
If your home has the right mix of what today’s buyers are clamoring for—trendy amenities such as open floor plans, stylish backsplashes and heated hardwood floors—it can help you sell faster and at a better price. Here, Realtor.com reveals a variety of common amenities featured in homes that close the quickest—and for the most money. Electronics…