Richard Harless
Will House Prices Drop in 2022?
Will House Prices Drop in 2022?
Between 1980 and 2020, home prices have risen by about 416%. Similarly, home prices saw a 16.2% rise from 2020 to 2021. These data are indicative of a steady increase over the years. Now, in 2022, there’s a major question that has been on the … Read more
MLS Acronyms
MLS Acronyms
There are several unique abbreviations and acronyms used in real estate, specifically those relating to the Multiple Listing service. Having a proper understanding of these terms can be very beneficial to both home buyers and sellers in that it allows you to understand vital information. … Read more
Does FHA Help With Closing Costs?
Does FHA Help With Closing Costs?
Most people consider FHA loans to be better than conventional loans because their requirements lean closer to the friendly side. However, initial requirements aside, how different are FHA loans from conventional mortgages when it comes to closing costs? Does FHA help with closing costs? Does … Read more
Is It Cheaper to Live in Arizona or California?
Is It Cheaper to Live in Arizona or California?
While Arizona and California share borders, there are a lot of differences between them. Some of these differences include culture, climate, weather, and more importantly, the cost of living. Since living costs constitute a major factor in choosing where to live, is it cheaper to … Read more
What Percentage Do You Lose When Selling a House?
What Percentage Do You Lose When Selling a House?
Selling your house can bring you good returns. However, the numerous costs of selling a house such as moving fees and agent commissions can eat into your profit. So, what percentage do you lose when selling a house? What Percentage Do You Lose When Selling … Read more
Can You Negotiate Realtor Fees?
Can You Negotiate Realtor Fees?
While there’s no fixed commission rate that real estate brokers charge, it is often assumed that the industry standard is 6% of the final selling price. On an $800,000 property, that can add up to $48,000, which is a lot of money. So, can you … Read more
What Fees Do You Pay When Selling a House?
What Fees Do You Pay When Selling a House?
Real estate fees can add up to 10% of your property’s sale price after factoring in additional expenses like repair costs. While some expenses are negotiable, you should expect to pay for several costs associated with selling a home. So what fees do you pay … Read more
What Happens After Forbearance Ends?
What Happens After Forbearance Ends?
The COVID-19 pandemic took a huge toll on the economic situations of a lot of homeowners. This saw many people unable to meet mortgage payments and granted a forbearance period. Now, this period is coming to an end, and there’s a big question, what happens … Read more
iBuyers in Real Estate
iBuyers in Real Estate
Ease of sale or convenience is one of the major features that home sellers prioritize during the home sale process. Most home sellers aim to make as much capital gains as possible while having to involve themselves minimally. This is the aspect that iBuyers in … Read more
Can You Negotiate Price With Toll Brothers?
Can You Negotiate Price With Toll Brothers?
Rather than buying a house from someone who wants to sell, another option available to homebuyers is Toll Brothers. Toll Brothers are mainly known for their prowess in constructing custom homes. However, you can also purchase an already constructed home too. So, can you negotiate … Read more
