The average down payment for 30-year fixed rate mortgages dropped to 15.73 percent of the home's value in the third quarter this year, down 2.74 percent from the second quarter, according to a report from LendingTree. A news release about report, which detailed the average down payment percentages by state, highlighted the relationship between down [...]
The VA loan program was created in 1944 by the U.S. government as a benefit to veterans for their service to our country. VA loans are not made by the Veteran’s Administration rather the VA provides a partial guarantee to the lenders that provide them. This allows for favorable program features and terms for the [...]
A trusted real estate agent provides experienced counsel, guidance and unparalleled local expertise – all essential ingredients for anyone on the hunt for a home. But for first-time home buyers, the first step can be one of the most intimidating. To help first-time home buyers, the professionals at Coldwell Banker Real Estate have provided the [...]
Many existing homeowners choose summer time to spruce up their homes and make upgrades or improvements. While some home features, such as formal living rooms, have waned in popularity as of late, there are several common improvement projects that consumers still turn toward, to increase space and improve their real estate value. Storage Space Built-in [...]
Many homeowners choose to get their properties appraised before selling a home. Having an appraisal can help sellers determine how to price their homes to avoid asking for too much or too little. Appraisers examine a variety of factors when valuing a home, including market conditions, the surrounding neighborhood and the home itself. So when [...]
Given all the tools the Internet and modern innovation make available to consumers in general, some may wonder whether they truly need an agent to help sell their home. If having doubts, homeowners looking to sell should consider what a professional brings to the table. For starters, MSN Real Estate notes real estate agents are familiar with all [...]
Those that choose to sell their own homes often hope to avoid the commission paid to real estate agents. While those familiar with the housing market and process of selling a home may enjoy a successful sale, plenty of inexperienced home sellers have encountered nothing but headaches. Besides limiting the number of potential buyers, the [...]
No one wants to spend a fortune when it comes to selling a home, but most want to spruce up a few areas to make their property more appealing to potential buyers. There are several types of small improvements individuals can make that can transform the look of a home without forcing them to break [...]
It is common for homeowners to think that selling a home is an expensive endeavor, which may in turn cause them to hold off on putting their home on the market. From repairs to staging the process can seem overwhelming. However, with the advice of a real estate agent, sellers often find there are several [...]
