House Hacking: One Way to Start Investing in Real Estate

Discover how house hacking can be one way to start investing in real estate.

The real estate industry has enjoyed constant growth over the past few decades. According to Statista, its total revenue could reach well over $14 billion by 2030. It’s a 4.8% growth rate that can be attributed to homeowners learning mortgage-offsetting methods like house hacking. While house hacking isn’t new, its application is becoming popular. More…

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Sell Your Home Faster with a Virtual Tour

A virtual tour can help you sell your home faster.

Selling a home could come with some challenges, especially in today’s technologically forward environment. Homebuyers are from a younger generation who have come to expect everything to be online and available at their fingertips, and taking a tour of their dream home is no exception. Homeowners who want to sell can make their placement stand…

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What Is the Difference Between an HOA and a POA?

Discover the differences between an HOA and a POA

If you’ve searched for homes or other real estate properties, you’ve probably heard about a Homeowner’s Association (HOA) and Property Owner’s Association (POA). There are over 350,000 HOAs in the country. Although the terms HOA and POA are often used interchangeably, the two organizations have very different functions. What Is a Homeowner’s Association (HOA)? Generally,…

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Problems to Avoid When Closing on a New Home

Discover how to avoid common problems when closing on a new home

Purchasing a new home can be daunting, especially for first-time homebuyers. But, perhaps the most intimidating and time-consuming stage is the home-closing process. Depending on demand, market conditions, and the season, it takes between 30 to 60 days to close on a home. During the closing period, many things can happen. Some of them may…

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Renting vs. Owning a Home

Comparing renting and home ownership

Owning a home is a life-changing decision, and it’s something to take seriously. And while homeownership is the ultimate goal for most people, owning a home has several challenging aspects. If you’re still renting and contemplating whether to renew your lease or buy a home, here are some essential points to help you decide. The…

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Questions to Consider About an Investment Property Before Buying

Investment Property Questions for Investors

Successful real estate investing demands attention to detail. Careful analysis is especially important for investors who intend to purchase investment rentals or flip a property. Not adequately addressing all the elements of a real estate transaction can reduce the anticipated return or even result in financial loss. For example, overlooking weaknesses in a property, underestimating…

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How Home Appraisals Impact Buyers and Sellers

Essential things to know about real estate appraisals.

Home appraisals are unbiased professional insights into a home’s value based on the property’s condition, location, and features. A professional assessment is required for most real estate transactions to confirm the property is worth at least as much as a mortgage lender will lend to purchase the property. Similarly, when a homeowner wishes to refinance…

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Questions to Ask Yourself Before Investing in Real Estate

Real Estate Investing Questions to Consider

Over the centuries, real estate investing has been a very lucrative endeavor. Even non-speculating homeowners who have owned and maintained investment properties for several years have achieved double and triple-digit investment returns. Private residence values have risen substantially, although there have been notable dips in recent history. According to a July 2022 article in Realtor®…

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Top Seven Tips for First-Time Homebuyers

Advice for first-time homebuyers

Purchasing a first home is an exciting time. The saving, researching, comparing, and final closing, followed by the excitement of the move-in, are experiences first-time homebuyers long remember. However, it is helpful for first-time buyers to exercise extreme caution with each step of the process. Selecting a professional Realtor in advance to help advise and…

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What You Should Know About Home Appraisals

Things to Know About Home Appraisals

Home appraisals performed by professionally certified appraisers are required in most real estate transactions and mortgage refinances. When a lender is involved in loans that use a property as collateral, they order an appraisal to ensure the property meets or exceeds the loan amount. Appraisals protect the lender in case of subsequent default by the…

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