Real Estate Tips and Advice

Real Estate Tips and Advice

Get tips and advice about many top asked real estate questions.

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Written by mbwatkins on
High Home Owners Association fees are the most common objections that most homebuyers have when purchasing real estate in a community that requires regular Association dues and fees.  Depending on the neighborhood community, those Association fees can range from less than $100 per month on up to thousands of dollars per month for luxury living.  However, average HOA fees usually range between $200 and 800 per month.  When these fees are taken out of context, the amount can really seem extreme for many homebuyers.  But when you consider the value of services that the HOA fees cover, you can sit back, relax and be ... Read Full Story
Written by mbwatkins on
Many homebuyers can find their dream home in an REO .  However, there are some things you should know when buying a foreclosure to help you be a better prepared buyer.  Purchasing an REO can help stretch your dollars, but finding a good foreclosure can be a challenge. For those who are considering purchasing a foreclosed property , it is important to know exactly how much work will be needed to be done to the property and how much it is going to cost you before you even consider making an offer on it. Many foreclosures need extensive repairs, but some only need cosmetic ... Read Full Story
Written by mbwatkins on
Good news comes just in time for many consumers who thought they had missed out on the popular tax credit for first-time homebuyers .  Last week, senators agreed to extend the tax credit and to offer a reduced credit to some repeat buyers. While the first-time home buyers tax credit provides up to $8,000 to homebuyers who have not owned a primary residence for three years or more, the reduced tax credit gives up to $6,500 to repeat homebuyers who have owned their current homes for at least five years. Both tax credits will be available to all homebuyers who sign sales agreements by ... Read Full Story
Written by mbwatkins on
Since the rules of buying a home have once again changed forever, the process of home buying can be a little fearful for many.  Therefore, we would like to share some advice on how to make a decisive, long-lasting, victorious home buying decision without fear. When buying a home , preparation is key for any and everyone.  And, there are some things you need to do to keep your roof over your head and remain a homeowner forever. * Start a wish list - Begin writing down what you want and need in a home.  Be sure to include the physical characteristics you may ... Read Full Story
Written by mbwatkins on
Selling your home with a wet basement can be virtually impossible.  Many potential buyers are turned off by musty-smelling, damp, leaky and moldy basements.  They simply don't want all the hassles that come with it.  A wet basement is a sure sign of moisture problems for someone looking to buy a home and many times they prefer to stay away from buying these homes.  Therefore, we have some tips for you to use in your basement to get rid of your wet basement issues before you place your home on the market.  Also, solving the wet basement issues can give your home the much-needed ... Read Full Story
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