Currently, homebuyers in Dallas and in most other markets struggling to find a home in their price range and/or that meets their needs. Consider, for example, that 32% of homebuyers have been home shopping for at least six months, and 24% have been shopping for a year or longer. And only a short two years ago, those … Continued
The economy certainly isn’t in its best shape ever, but that hasn’t dampened the housing market – for sellers. Inventory remains extremely low, and buyers are numerous, especially with the current low-interest rates. And that means sellers are in the driver’s seat and can be pretty picky with offers because, most of the time, they … Continued
Reverse mortgages are almost always a bad idea, but there are a few situations when you may consider one. You’ve probably seen and/or heard all those ads for reverse mortgages with all their nearly irresistible appeal. A reverse mortgage can indeed provide some much-needed financial relief for older homeowners struggling to meet expenses. There are, … Continued
Now that you’ve come down to it, you have a decision to make: Should you take care of the moving yourself, or should you hire professional movers? But you’d better hurry because that move is looming. There are pros and cons to each, and that’s often what makes the decision so difficult. To help you … Continued
Some things like going to the dentist we dread and put off as long as possible, but they eventually have to be done. Packing for a move is one of those things. But packing, if approached with a plan and in an organized way, can be made far less unpleasant and more manageable (while having … Continued
Homeowners, for a variety of reasons, sometimes need to finance their homes, often in order to stay financially afloat. The barrier for many of them is the closing costs, which can be a pretty hefty sum. There is, however, a way to refinance without having to pay closing costs – a no-closing-cost refinance. To determine … Continued
Closing costs, as you probably know, are all the fees and expenses that have to be paid on closing day at the closing table. Typically, closing costs run about 3% to 6% of a home’s total purchase price – a few paid by the buyer, some by the seller, and most split between them. And … Continued
Closing is the final step in selling your home, the point at which you can breathe easy because the transaction is finalized. But the process leading up to closing usually produces a lot of anxiety and worry because so many things can go wrong to delay the closing. Still, there are some steps you can … Continued
The value of your home (or any home, really) is determined by what buyers in the market are actually willing to pay for it. It really doesn’t matter much what you, the seller, think your home is worth – it depends almost entirely on market value. Sellers often either overestimate or underestimate the value of … Continued
Open houses all but disappeared during the height of the pandemic. Now they are back. But if you want your open house to be an effective selling tool, you’ll have to take the time and put in the effort to prepare your house to sell. An open house, remember, is a public showing (not a … Continued
