Of all the mistakes buyers can make during their home buying journey, throwing a wrench into the works of their mortgage qualification is a the top of the list. Qualifying for a mortgage often requires some very specific criteria. Any time you make changes to your financial situation, your ability to qualify can change. That’s why …
People often ask me: “Is remodeling my home a good investment?”. Other times it’s stated as fact: “Remodeling IS ALWAYS a good investment. Any money I put into my house, I’ll get back when I sell it”. My response is typically the same: “Well, maybe, but not likely”. In our article, Cost vs Value: What’s …
What is Rent-To-Own? If you’re having trouble finding a house to buy, or even getting a mortgage, you might be wondering if “rent-to-own” is a good option. Rent-to-own, or lease-purchase, is where a tenant agrees to lease a home and eventually purchase it from their landlord. Usually, the tenant pays a large down payment at …
Whether you’re buying or selling real estate, how do you know what’s included in the sale of a house? Presumably, you’re buying or selling the house itself and the land on which it sits. But what about the fancy refrigerator, home theater, or smart thermostat? It depends. Typically, anything “permanently attached” should stay. However, it …
What’s An Escalation Clause? The greater Kansas City metro is still a seller’s market. Currently, it’s still very common for sellers to receive multiple offers on their house. When that happens, it’s common to see offers that include an Escalation Clause, also known as an Escalatory Addendum. Simply put, an escalation clause states a buyer …
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 …
Imagine that you’ve found the perfect house. Congratulations! However, finding said house is just the first step. It that doesn’t necessarily guarantee you’ll be living there if you don’t seize the opportunity. There are seemingly minor things home buyers can do which would ultimately cause them to miss out on buying their dream home. If …
It’s that time of year! The weather is starting to break and people are spending their tax returns like free money. You know what that means…remodeling season has arrived! I was reminded of this last weekend during a trip to The Home Depot. For those who don’t already know, The Home Depot in Merriam is my …