Contrary to popular believe, major remodeling projects are not always a good investment. That’s not to say making improvements won’t increase the value of your home. However, it’s important to know there is a difference between cost and value. This is one of the most common misunderstandings in real estate. People want believe that they’ll always …
Cost vs Value: Market Value When purchasing a home, it’s important to understand the difference between cost vs value in real estate. In other words, asking price doesn’t determine market value. The best way to illustrate my point is with an example like this: Buyer #1 pays $350,000 for a house that was listed for …
How Successful Are ‘For Sale By Owner’ Sellers? If you’re thinking about selling your house, you may ask yourself: “How successful are ‘For Sale By Owner’ Sellers? Could I sell my house myself and save the commission?” If that’s you, here’s some information you may find interesting: According to The National Association of Realtors’ annual …
First-Time Home Buyer Assistance…Available in Kansas If you’ve considered owning a home, but didn’t think you’d qualify…don’t assume you need a large down payment and ‘perfect’ credit to purchase a home. Many first-time home buyers assume they have to have a 15-20% down payment to purchase a home. This simply isn’t true! According to The …