I am a first-time homebuyer considering a foreclosure. I don’t have much flexibility with my budget so this seemed like a good option. What are the pros and cons? How do I know if a foreclosed home is right for me?
Foreclosed & Confused
The first rule of real estate is location, location, location! Your proximity to certain natural hazards, places and, yes, even people plays a huge role in determining your home’s value – for better or for worse. Can you guess which neighborhood grocery store can increase a home’s value by 40%?! Check out this infographic to find out.
And don’t forget to get a Housefax Report to see a home’s natural hazard risk, sink holes and other factors that affect a property’s value!
For U.S. residents along the Atlantic or Gulf of Mexico coast, hurricane season officially began June 1. If the latest projections prove to be true, this year will see an above average number of storms. In fact, Tropical Storm Arlene kicked things off a little early on April 20, and there have been four other tropical storms since then.
As we enter peak season, what should coastal residents know about the 2017 hurricane season? Here’s a run down of important predictions and changes. Continue reading
Summer’s here and that means BBQs, beaches and Open Houses! If done right, an Open House can be a great event to impress sellers while attracting new clients. Here’s a collection of our favorite Open House tips EVER — everything from unique ways to promote your event to the oh so critical follow-up.
Photo Credit: Pixabay.com
One of the most common home improvement projects for people looking for a moderate to upscale change is the bathroom remodel. Whether it’s a guest or master bath, a bathroom remodel has many different components and can range anywhere from mostly DIY to barely any DIY, depending on a variety of factors. Here are some tips for how to tackle your bathroom remodel in the smartest, safest, and most cost-effective way possible. Continue reading
According to FEMA, every home is vulnerable to flooding. Just an inch of water can cause thousands of dollars’ worth of damage.
Floods can happen anywhere and anytime. Recently, flash flooding in Arizona accounted for at least 9 fatalities.
Properties in moderate- and low-risk areas account for more than 20 percent of the country’s NFIP (National Flood Insurance Program) claims and receive a third of flood-related federal disaster assistance. Regardless of your home’s risk, it’s important that you are prepared in the event of a flooding.
Want to know if your home is in a flood zone? Run a Housefax Report on your address to see your flood zone risk.
If you’re thinking of buying a home, one of the first questions you may ask is “Can I qualify for a home mortgage loan?” There are a number of factors that determine the answer, such as your employment history (including length of time at your current job), your debt to income ratio (how much you owe compare to how much you make), and the amount you have for a down payment. But perhaps the biggest factor in determining your loan eligibility is your credit score.
There are actually a few different types of credit scores. The score used by the mortgage industry is your FICO score, which for housing loans ranges from 300-850. This range is broken into categories ranging from “Excellent” to “Bad”.
Photo Credit: Credit Sesame
The obvious question is “what credit score is needed to buy a house?”
Unfortunately, the answer isn’t as obvious. Continue reading
Your home is a reflection of you, whether you realize it or not. In particular, how you decorate gives your guests a glimpse into your personality. What first impression do people get when they walk into your kitchen? There’s one feature that says a lot, and it’s not those mute walls … it’s the floor!
What does your kitchen floor say about you?
I’m out of debt, and I’m now saving for a down payment on a home. It’s always been my dream to be a homeowner. But lately, I read a lot of arguments against buying a home in favor of renting. How do I know if it’s a good idea for me? Should I buy or keep renting?
Hopeful Homeowner Continue reading
July 4th, America’s Independence Day, is traditionally celebrated with flags, family gatherings and fireworks. Of course, there’s nothing wrong with taking your love for America to the next level and sharing that admiration with all your neighbors.
You could go all out with American flags…
Or get high-tech with a patriotic image projection…