5 Projects That Lower Your Home’s Value

Posted by on Nov 7, 2013 in General Topics |

Most may think that any house project should help improve the value of their home somehow. However, here are 5 that should be avoided if you are considering ever selling your home as they can have a negative impact on your home value. To see the video of HGTV’s, Sabrina Soto, click here. Converting bedrooms into other spaces- If the home has 4 bedrooms, buyers want to see 4 bedrooms. If you don’t want to convert it, don’t ever...

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Location, location, location

Posted by on Oct 25, 2013 in Uncategorized |

When you are looking to purchase a home, you need to make sure that you are also thinking as a seller. While this might seem logical, it can save you time and money in the future. Oftentimes, buyers are encouraged to purchase a home that needs some TLC, but is in a great location. This makes for great long term investment, and increases the chances of a great sell when that time comes. Purchasing a home in a great location should be one of the...

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QRM and how it may affect home buying & selling

Posted by on Oct 17, 2013 in Uncategorized |

Qualified residential mortgage (QRM) will go into effect beginning on January 1, 2014 as a part of a new provision in the Dodd-Frank Wall Street Reform and Consumer Protection Act. Bernice Ross from Inman.comn explained: Briefly, QRM was designed to set the bar for residential mortgages and to minimize the risk that borrowers may default. It requires that debt ratios be limited to 43 percent and loan fees limited to 3 percent, and interest-only...

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New trend in housing market

Posted by on Oct 9, 2013 in Trends |

There is a new trend  in the housing market. Okay, well maybe it’s not totally new, but partially. The trend that some investors think will become a “big hit” is flipping million dollar properties. Trying to make money off of home renovation, also known as flipping, has been around for a while. Some investors are really good at it, and can make a good chunk of money off of it. However, there are also many of those who are not...

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