Did you know that by 2025, nearly 90% of U.S. homes will be over 20 years old? That’s a lot of houses starting to show their age; from outdated kitchens and bathrooms to drafty windows and worn-out doors. For homeowners, this isn’t just a challenge; it’s an opportunity. Enter the home remodeling boom. With a projected $425 billion in renovations by 2027, Americans are investing in upgrades that...
The final walk-through is the buyer’s last opportunity to confirm the home is in the agreed-upon condition before closing. It’s when buyers check that repairs are finished, systems and appliances work properly, and the property is clean and damage-free. For sellers, understanding what can buyers demand at final walk-through is key to preventing delays, last-minute negotiations, or even a canceled...
Key takeaways: List price is the initial asking price. Sell price is the final, agreed-upon price. The difference between the two reflects market status and negotiation outcomes. In the world of real estate, you’ll often hear terms like “list price” and “sell price.” While they might sound similar, they tell very different stories about a home’s status on the market. Understanding the...
Key takeaways: Yes, you can buy a home self-employed: You’ll just need extra income proof for lenders. Keep paperwork ready: Tax returns and bank statements show steady earnings. Boost your finances: Strong credit, low debt, and savings make approval easier. Buying a house while self-employed can feel more complicated, but it’s far from impossible. Without W-2s or Without W-2s or an employer to...
Key Takeaways: Teardown houses are often worth more for their land than their structures. Pricing should reflect location, lot size, and redevelopment potential. Selling as-is saves money on unnecessary repairs. Zoning, demolition costs, and permits affect value and buyer demand. What is a teardown house? A teardown house is a property where the land value outweighs the structure. These homes are...
If you’ve been thinking about downsizing to lower your expenses, be closer to family, or just make life easier, here's a trend worth paying attention...
Selling your home is a big step, and naturally, you want to get the best possible price. It’s easy to think that setting a high asking price will lead to a higher sale, but sometimes, overpricing can actually work against you. As you consider how to price your home in Boulder or Evanston, this Redfin real estate article explains the dangers of overpricing your home. The initial excitement fades When...
Buying a home is an exciting adventure but it often comes with surprises during the property inspection. From sneaky leaks to electrical quirks, the most common home inspection problems include structural damage, roof and plumbing issues, outdated electrical panels, HVAC concerns, water damage, termites, safety hazards, and drainage problems. No matter if you’re hunting in Beaverton, OR,...
As a homebuyer, home maintenance is key to keeping your property in good condition for years to come—but without a solid plan, those costs can add up quickly. The most effective way to budget for home maintenance is to set aside about 1% to 4% of your home’s value each year (or break it down into monthly amounts), then adjust depending on your home’s age, size, and location. Keep this...
There’s a new divide in housing right now. In some states, buyers are gaining ground. In others, sellers still have the upper hand. It all depends on where you...
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