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Posts from January 2020

Lisa Talks Real Estate

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January
25

Selling your home can be tough. Just about everyone will have strong emotions associated with a very first home – and these can make it harder to sell.

That's not just because you might be tempted to procrastinate. How we feel about a home can create a challenge: Putting the wrong price on it.

It's easy to overprice a property because of its sentimental value. Luckily, a local real estate expert can help. By researching recently-sold homes in the area, he or she can price any property to attract buyers.

Although pricing is best left to the professionals, there are many things you can do to help in selling your home faster. With these tips, you'll make it much more likely to connect with the right buyer and get to closing without a hitch:

  1. Decide on the Best Timing
    Timing is the second-biggest factor...

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January
25

At the end of the day, selling your home is a means to an end. Whether you're downsizing, relocating for work, or simply need a space that meets your current financial and lifestyle needs, you're relying on your home sale to help facilitate the purchase of a new home. The question is: Will you lose money when you sell your home?

Selling your home is easier said than done, especially if this is your first time navigating a real estate transaction. Unfortunately, this opens up many opportunities for mistakes to be made — even by homeowners who have already successfully sold a home. The following are the common mistakes that could cause you to leave money on the table:

  • Listing at the wrong time.
    With or without an agent to help you, there are certain times when selling your home may be more difficult than others. The w...

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January
18

Buying a house requires a significant financial investment — one which many prospective buyers aren't fully aware of. The two elements that receive the most focus are the mortgage calculations and the down payment. Although it's wise to determine how much home you can afford before you begin your search, it's easy to forget about the other costs associated with the transaction. Budgeting for closing costs is a key aspect of your overall budget for buying a house.

What Are Closing Costs?

"Closing costs" is a catchall term that refers to the different fees you'll pay as you finalize the home sale. Every real estate transaction is unique and one homebuyer may pay a different percentage than another homebuyer. While these costs are dependent on each individual home sale, most home buyers should expect to pay between two percent...

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