real estate terms

How AI is Transforming the Real Estate Market

It seems that no matter where you look or listen these days artificial intelligence, or AI, is never very far from the spotlight. In fact, when you begin to peel back the layers of the subject of AI, you may realize that AI has already infiltrated the way we live in 2023. E-commerce, cybersecurity, robotics, …

How AI is Transforming the Real Estate Market Read More »

Does Your Credit Score Impact Your Home Buying Power?

With home prices starting to come down and interest rates continuing to climb, it is important to understand how your credit score can impact your home buying power because as goes your interest rate, so goes the price of your monthly mortgage payment and thus, overall interest you will pay over the life of your …

Does Your Credit Score Impact Your Home Buying Power? Read More »

3 Ways Drones and Aerial Footage of Your Home Can Be Used with Your Property Survey

If you are a homeowner, you know that property surveys are completed to establish and validate land boundaries. This includes the plot of land a home sits on, as well as any below-the-surface improvements such as a well or a septic tank. Surveys also identify other conditions or possible restrictions that deal with the legal …

3 Ways Drones and Aerial Footage of Your Home Can Be Used with Your Property Survey Read More »

Should You Buy a Home in an “Up-and-Coming” Neighborhood?

As the real estate market has been in unprecedented cycles for the past few years, many potential buyers are becoming open to scenarios they may not have even considered in previous years or other economic situations. One such consideration might be widening your search criteria to consider what is known as an “up-and-coming” neighborhood. Other …

Should You Buy a Home in an “Up-and-Coming” Neighborhood? Read More »

How Do Real Estate Agents Get Paid and Who Pays Them?

Whether you have ever bought a home, sold a home, or simply seen an advertisement for a real estate agent, you may have wondered, exactly, how a real estate agent gets paid and who pays them.  There are actually a number of ways real estate professionals can use their training and license to earn a …

How Do Real Estate Agents Get Paid and Who Pays Them? Read More »

Are Open Houses a Thing of the Past?

Historical Context According to some historians, real estate open houses, or similar concepts date back as early as the 1910s. Then called an “open for inspection,” event, buyers would open their homes to the public so that interested parties could step inside and inspect the home’s features. Over the next 20-30 years, a variation of …

Are Open Houses a Thing of the Past? Read More »

How to Know When It’s Time to Lower Your Listing Price

Within the last 12-18 months, the national real estate market has experienced historic, nearly unprecedented trends. Home buyers have foregone inspections and appraisals. Sellers have gotten multiple offers even before a multiple listing service (MLS) link goes live. They have offered over asking price, putting large sums of cash to cover a sale beyond what …

How to Know When It’s Time to Lower Your Listing Price Read More »

Can A Reverse Mortgage Offer You Any Benefits?

Perhaps when the term, “reverse mortgage” comes to mind, you conjure images of an aging, former celebrity espousing its benefits for senior adults in an infomercial. As with other similar advertisements that have a similarly predatory feel, it is important to pay close attention to the details of reverse mortgage products for yourself or for …

Can A Reverse Mortgage Offer You Any Benefits? Read More »