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Dictionary Common real estate terms and what they mean. Common Real Estate Terms   Sometimes, I get a lot of questions asking what certain terms mean such as contingent and escalation clause.  Below I have complied a list of common real estate terms to help you understand the realtor jargon.  If you have questions, never hesitate to ask your realtor for an explanation.  Our […]
First-time home buyer What exactly is the home buying process? Recently, I got a new client that will be a first-time homebuyer.  When I said that I love first timers he had a puzzled look and asked why.  I replied because “First-timers are usually scared sh!tless.”  I’ve known this man for a few years now and he just found out I am an agent so […]
Interest Rate Rising interest rates and how it affects sellers and why you should list NOW!   As a seller, interest rates are probably not at the forefront of your mind.  Interest rates directly impact the buyer, right? WRONG! They are an immediate factor in the home selling process too. As interest rates increase, the pool of buyers will decrease for the seller.  Smart buyer agents are having their clients shop […]
Uncategorized Interest rates and what does 1% mean to your payment? As interest rates are topping 5% for the first time in years buyers are finding themselves unable to afford the same payment they could of just months ago.  Let’s do some math to compare what rates were a year ago vs. what they are today and then what the rates could be with just a […]
Uncategorized Who knows my finances?   A lot of times agents will find out that their friends or family chose to use a different agent then them. And while the initial sting hurts, most agents are able to set the sting aside and congratulate their friend or family member on the purchase or sale of their home. So what compels […]
Uncategorized What is a rehab loan? In the current market properties that need some love may not be available for your traditional loan programs.  Enter the 203(k) loan. What is a Rehab Loan? An FHA 203(k) rehab loan, also referred to as a renovation loan, enables homebuyers and homeowners to finance both the purchase or refinance along with the renovation of […]
Uncategorized Should I spend the money to make updates to my home before I list?   Many homeowners wonder if making some cosmetic changes to their home will get them a return on their investment.  The generic answer is, absolutely!  But what specific items will get you the best bang for your buck?  Usually, the answer is kitchen and baths.  Those of course can get pricey to renovate.  Sometimes, just […]
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