http://money.cnn.com/2017/02/28/real_estate/best-worst-states-first-time-homebuyers/index.html?section=money_realestate http://rss.cnn.com/~r/rss/money_realestate/~3/oaehyihkZH0/index.html First-time homebuyer? Avoid these statesCalifornia is the hardest state for first-time homebuyers, according to a new report from Bankrate.com, while Iowa is the easiest state to put down roots.<img src="http://feeds.feedburner.com/~r/rss/money_realestate/~4/oaehyihkZH0" height="1" width="1" alt=""/> Tue, 28 Feb 2017 00:02:55 -0500 http://money.cnn.com/2017/02/28/real_estate/best-worst-states-first-time-homebuyers/index.html?section=money_realestate 2017-02-28 00:02 -05:00 2017-02-27 22:02 -07:00 http://rismedia.com/?p=126696 http://rismedia.com/2017/02/26/ways-home-sellers-turn-off-homebuyers-2/ Advice Buying/Selling For Your Clients Home Spun Wisdom Latest News Bankrate Home-Buying Home-Selling 7 Ways Home Sellers Turn off Homebuyers<p>(TNS)—When it&#8217;s time to sell your home, you can invest a ton of time, energy and money into getting the place ready for sale. You might declutter, stage and even remodel the house to make it as appealing to buyers as possible. Sometimes, though, no amount of preparation can overcome something in the home that, [&#8230;]</p> <p>The post <a rel="nofollow" href="http://rismedia.com/2017/02/26/ways-home-sellers-turn-off-homebuyers-2/">7 Ways Home Sellers Turn off Homebuyers</a> appeared first on <a rel="nofollow" href="http://rismedia.com">RISMedia</a>.</p> Sun, 26 Feb 2017 18:04:36 Z http://rismedia.com/2017/02/26/ways-home-sellers-turn-off-homebuyers-2/#respond Susanne Dwyer <p>(TNS)—When it&#8217;s time to sell your home, you can invest a ton of time, energy and money into getting the place ready for sale. You might declutter, stage and even remodel the house to make it as appealing to buyers as possible.</p> <p>Sometimes, though, no amount of preparation can overcome something in the home that, rightly or wrongly, offends some buyers and gives them negative impressions of you and your house.</p> <p>These potentially troublesome items create a dilemma for real estate agents, says Maura Neill, a REALTOR® at RE/MAX Around Atlanta in Alpharetta, Ga.</p> <p>&#8220;We tell our seller clients to depersonalize a house,&#8221; Neill explains. &#8220;You want buyers to feel as though they could make themselves at home, move in and be comfortable.&#8221;</p> <p>The risk of ignoring the agent&#8217;s advice is considerable. Buyers &#8220;may turn around and leave,&#8221; Neill says.</p> <p>With that in mind, here are seven things that might offend buyers and result in fewer offers.</p> <p><strong>Live Animals</strong><br /> Believe it or not, some sellers keep live, unclean and potentially dangerous animals in homes for sale.</p> <p>Wendy English, former sales manager at Century 21 Commonwealth in Medfield, Mass., recalls an uncaged rabbit that she says was &#8220;disgustingly smelly&#8221; and would chase people and try to bite them when they entered the home.</p> <p>&#8220;The homeowner just loved the rabbit, didn&#8217;t see any problems with it, thought it was the cutest pet ever and was maybe immune to the smell,&#8221; English says. &#8220;The rabbit was definitely horrible.&#8221;</p> <p>Courtney Self, broker/owner of Hunter Mason Realty in Torrance, Calif., experienced what might have been an even worse situation.</p> <p>&#8220;I had a listing with monkeys that flung their feces when we would show the house,&#8221; she says.</p> <p><strong>Animal-Head Trophies</strong><br /> Dead animals also can be problematic.</p> <p>Barry Bevis, a broker and the owner of Bevis Realty in Tallahassee, Fla., recalls a for-sale home that had a &#8220;trophy&#8221; room over the garage.</p> <p>&#8220;The pictures of the house (online) had these giant elk heads and deer heads,&#8221; he says. &#8220;It&#8217;s better to leave it out. You&#8217;re going to offend too many people.&#8221;</p> <p>By the way, not everyone loves pets either, so food bowls, litter boxes, play toys and the like should be removed from a home when it&#8217;s on the market, Bevis says.</p> <p>&#8220;Many people are allergic to animals or feel like the animals cause too much wear and tear,&#8221; he explains. &#8220;If you have any evidence of pets in your property, it&#8217;s going to turn off a large segment of buyers.&#8221;</p> <p><strong>Flags</strong><br /> &#8220;You never expect to see a Nazi flag hanging on the wall,&#8221; says Neill, &#8220;but we walked into a seemingly vanilla suburban house and into what appeared to be a teenager&#8217;s bedroom and there was a giant flag with a swastika on it hanging on the wall.&#8221;</p> <p>Indeed, any sort of emotionally charged or polarizing display like, say, a Confederate flag, can also be offensive.</p> <p>&#8220;There&#8217;s a debate about whether it&#8217;s heritage and pride or racism and bigotry,&#8221; Neill says. &#8220;Depending on who you talk to, you get a different answer.&#8221;</p> <p>Bevis recalls an incident when such a flag created a negative impression.</p> <p>&#8220;I was showing a house to an African-American couple,&#8221; he says. &#8220;I opened the lockbox and the key was (stamped with) a Confederate battle flag. It really did turn these folks off just a little bit. Immediately they didn&#8217;t like the people selling the house.&#8221;</p> <p><strong>Sports Memorabilia</strong><br /> Sports team rivalries fuel strong emotions, and a seller&#8217;s spirted support of the &#8220;wrong&#8221; team can create a sour impression.</p> <p>&#8220;Having your house decked out in your team might not offend buyers, but it will color the way they think about that house,&#8221; Neill says. &#8220;It&#8217;s usually not (just the owner&#8217;s) team&#8217;s stuff. It&#8217;s also stuff making fun of their rivals. Buyers don&#8217;t want to walk into a house that&#8217;s berating their team.&#8221;</p> <p>English says long-distance relocating buyers (known as &#8220;relos&#8221;) are most likely to be put off.</p> <p>&#8220;Relos will come in and see Patriots stuff, Red Sox stuff, and it does rub them the wrong way,&#8221; she says. &#8220;Sellers don&#8217;t necessarily realize how strongly someone might react to their favorite team.&#8221;</p> <p><strong>Nudity</strong><br /> Whether it&#8217;s baby pictures, artwork or pornography, nudity makes some buyers uncomfortable.</p> <p>In some cases, sellers don&#8217;t realize they&#8217;ve exposed too much information. In others, sellers want to make a statement, even if it&#8217;s at their own expense.</p> <p>&#8220;Anybody who has a tasteful painting usually will get the reasoning that it makes sense to take it down,&#8221; says English. &#8220;The not-tasteful stuff, I think those people are going for the shock value, which doesn&#8217;t help sell the house.&#8221;</p> <p>Self offers a few examples of things she&#8217;s seen in for-sale homes: a statue of male genitalia next to a bed, wallpaper patterned with nude women in a guest bathroom and a drunk heir (yes, a live person), shirtless and passed out on the floor.</p> <p><strong>Mystery Rooms</strong><br /> When buyers want to see a for-sale house, they expect to see the whole house, not just parts of it.</p> <p>That makes a locked room a big turnoff, English says.</p> <p>Whatever&#8217;s behind the door might be innocuous, but buyers have no way to know for sure as long as they&#8217;re kept out.</p> <p>&#8220;Every so often there will be a house where the homeowner will have a locked room that you can&#8217;t see and that always makes buyers say, &#8216;Forget it,'&#8221; English says.</p> <p>Mysterious objects can trigger a similar reaction.</p> <p>English recalls a home that had a very large rock covered with plywood boards in the basement.</p> <p>&#8220;Part of the home inspection was that the buyer wanted to remove the plywood and see what was underneath it. It was just a rock, as the seller had said, but everyone called it &#8216;the coffin,'&#8221; she says.<strong><br /> </strong></p> <p><strong>Drugs</strong><br /> Despite relaxed laws in some states, marijuana and other drugs are still federally illegal and their presence or evidence of use, including odors, in a home can deter buyers.</p> <p>Derek Turner, owner of Ventura Real Estate Co. in Ventura, Calif., says he encountered an empty beer can wall and marijuana paraphernalia on a coffee table and kitchen counter in a for-sale home.</p> <p>Turner says, &#8220;My client did not write an offer.&#8221;</p> <p><em>©2017 Bankrate.com</em></p> <p><em>Distributed by Tribune Content Agency, LLC</em></p> <p><em>For the latest </em><a href="http://www.rismedia.com"><em>real estate news and trends</em></a><em>, bookmark RISMedia.com.</em></p> <p>The post <a rel="nofollow" href="http://rismedia.com/2017/02/26/ways-home-sellers-turn-off-homebuyers-2/">7 Ways Home Sellers Turn off Homebuyers</a> appeared first on <a rel="nofollow" href="http://rismedia.com">RISMedia</a>.</p> http://rismedia.com/2017/02/26/ways-home-sellers-turn-off-homebuyers-2/feed/ 0 2017-02-26 18:04 +00:00 2017-02-26 11:04 -07:00 http://rismedia.com/?p=126634 http://rismedia.com/2017/02/25/buying-mortgage-insurance/ Advice Buying/Selling For Your Clients Home Spun Wisdom Latest News FHA Home Loan GOBankingRates MIP Mortgage Insurance PMI USDA Home Loan VA Home Loan What You Need to Know Before Buying Mortgage Insurance<p>(TNS)—If you&#8217;re like many borrowers who have less than 20 percent of a home&#8217;s value in equity or saved for a down payment, you need to know how mortgage insurance affects the cost of buying a home. What Is Mortgage Insurance? Mortgage insurance—also known as private mortgage insurance, or PMI—protects lenders from default on conventional [&#8230;]</p> <p>The post <a rel="nofollow" href="http://rismedia.com/2017/02/25/buying-mortgage-insurance/">What You Need to Know Before Buying Mortgage Insurance</a> appeared first on <a rel="nofollow" href="http://rismedia.com">RISMedia</a>.</p> Sat, 25 Feb 2017 05:00:37 Z http://rismedia.com/2017/02/25/buying-mortgage-insurance/#respond Susanne Dwyer <p>(TNS)—If you&#8217;re like many borrowers who have less than 20 percent of a home&#8217;s value in equity or saved for a down payment, you need to know how mortgage insurance affects the cost of buying a home.</p> <p><strong>What Is Mortgage Insurance?</strong><br /> Mortgage insurance—also known as private mortgage insurance, or PMI—protects lenders from default on conventional mortgages in cases in which the borrower contributes a down payment of less than 20 percent of the home&#8217;s purchase price. PMI is different from homeowners insurance, which protects the home and what&#8217;s in it. It&#8217;s also different from mortgage protection insurance or mortgage life insurance, which is an insurance policy that pays off the mortgage loan if the borrower passes away. Mortgage insurance is beneficial to both lenders and borrowers. Mortgage insurance lowers a lender&#8217;s risk of giving a loan to borrowers with a low down payment. It also benefits the borrower, who, with mortgage insurance, might now qualify for a mortgage he wouldn&#8217;t otherwise get approved for.</p> <p><strong>What You&#8217;ll Pay for Mortgage Insurance</strong><br /> The cost of mortgage insurance depends on the type of home loan you have. You could pay anywhere from 0.3 percent to 1.15 percent of your home loan, according to realtor.com®.</p> <p>Although insurance premium payments usually get paid monthly, you might have the option to pay it up front at closing or roll it into the home loan cost. Check with your lender.</p> <p><strong>Mortgage Insurance for Different Types of Home Loans</strong><br /> Mortgage insurance programs vary depending on the type of home loan. Generally, mortgage insurance is required when you get a conventional mortgage and put down less than 20 percent, or when you refinance a mortgage and your home equity is less than 20 percent.</p> <p>Other types of mortgage insurance include:</p> <ul> <li><strong>Federal Housing Administration mortgage insurance</strong> <strong>(mortgage insurance premium)</strong>: An MIP is required for all FHA loans. All borrowers pay their mortgage premiums directly to the FHA, and premiums are the same for everyone regardless of credit score—though if your down payment is less than 5 percent, you can expect to pay a little more. If you get an FHA loan, budget for both monthly MIP costs as part of your regular payment and an upfront payment included in your closing costs. FHA mortgage insurance rates are usually about 0.625 percent.</li> <li><strong>S. Department of Agriculture home loan insurance</strong>: U.S. Department of Agriculture insurance covers USDA home loans. It&#8217;s a lot like FHA mortgage insurance but less expensive. USDA home loan insurance requires making a payment both at closing and as part of your monthly payments. You have the option to roll the upfront cost into your mortgage, but if you do this, you&#8217;ll increase both your monthly payment and your overall loan cost.</li> <li><strong>VA home loan guarantee</strong>: VA loans come with a mortgage guarantee instead of mortgage insurance, but it provides similar benefits. Instead of a monthly mortgage insurance premium, you&#8217;ll pay a funding fee upfront. The fee amount varies depending on factors like your military service type, down payment amount, disability eligibility, whether you are purchasing or refinancing, and if you&#8217;ve had a previous VA loan.</li> </ul> <p><strong>Alternatives to Mortgage Insurance</strong><br /> Although there are benefits to mortgage insurance, having it adds to the cost of getting a home loan. If you want to cut costs or are ready to get rid of PMI, consider these five alternatives to mortgage insurance.</p> <p><strong>Pay a higher interest rate.</strong><br /> When financing a home, some lenders might offer the option to avoid PMI by accepting a higher interest rate. If you choose this option, the higher mortgage rate cannot get canceled, so you&#8217;ll have to refinance to lower your rate in the future.<strong><br /> </strong></p> <p><strong>Get your home reappraised.</strong><br /> If you believe you now have at least 20 percent equity in your home due to renovations or the rising local property values, get your home reappraised. You might have enough equity to cancel your mortgage insurance, but you&#8217;ll have to pay for the appraisal up front.</p> <p><strong>Get a piggyback loan.</strong><br /> Whether your lender calls them piggyback loans or piggyback mortgages, these home equity loans or credit lines enable borrowers with low down payments to borrow more money. Before applying or signing for one, review the fine print carefully to see if your total monthly cost is actually cheaper than paying for mortgage insurance.</p> <p><strong>Ask your lender about other programs.</strong><br /> Some lenders offer programs that don&#8217;t require mortgage insurance, even with down payments below 20 percent, though you&#8217;ll likely have to prove that you have excellent credit to qualify. Before talking to your lender, focus on building your credit history, especially if you or your spouse has bad credit.</p> <p><strong>Save more for a down payment.</strong><br /> Sometimes it pays to wait and save up or to choose a home that requires a down payment you can afford. If you save 20 percent of the home&#8217;s purchase price to use as a down payment, you might qualify for a conventional mortgage without mortgage insurance. A conventional loan comes with a lower interest rate, and you&#8217;ll be able to avoid the headache of comparing mortgage insurance rates altogether.</p> <p><em>©2017 GOBankingRates.com, a ConsumerTrack web property</em></p> <p><em>Distributed by Tribune Content Agency, LLC</em></p> <p>For the latest <a href="http://www.rismedia.com"><em>real estate news and trends</em></a><em>, bookmark RISMedia.com.</em></p> <p>The post <a rel="nofollow" href="http://rismedia.com/2017/02/25/buying-mortgage-insurance/">What You Need to Know Before Buying Mortgage Insurance</a> appeared first on <a rel="nofollow" href="http://rismedia.com">RISMedia</a>.</p> http://rismedia.com/2017/02/25/buying-mortgage-insurance/feed/ 0 2017-02-25 05:00 +00:00 2017-02-24 22:00 -07:00 http://rismedia.com/?p=126598 http://rismedia.com/2017/02/23/home-renovations-hurt-help-property-value/ Advice Buying/Selling For Your Clients Home Improvement Latest News Trending Home Renovations Home Value Pool RISMedia's Housecall Solar Panels Home Renovations That Can Hurt (and Help) Property Value<p>Editor&#8217;s Note: This was originally published on RISMedia&#8217;s blog, Housecall. See what else is cookin&#8217; now on blog.rismedia.com: How to Throw the Perfect Oscars Party Priced Out: Gender Pay Gap Spills Over to Housing 4 Tips for Organizing Your Home Maintenance Routine If you&#8217;re into renovation projects, then updating and revamping your home can be [&#8230;]</p> <p>The post <a rel="nofollow" href="http://rismedia.com/2017/02/23/home-renovations-hurt-help-property-value/">Home Renovations That Can Hurt (and Help) Property Value</a> appeared first on <a rel="nofollow" href="http://rismedia.com">RISMedia</a>.</p> Thu, 23 Feb 2017 21:08:50 Z http://rismedia.com/2017/02/23/home-renovations-hurt-help-property-value/#respond Susanne Dwyer <p><em>Editor&#8217;s Note: This was originally published on RISMedia&#8217;s blog, Housecall. See what else is cookin&#8217; now on </em><a href="http://blog.rismedia.com"><em>blog.rismedia.com</em></a><em>:</em></p> <ul> <li><a href="http://blog.rismedia.com/2017/oscars-party/">How to Throw the Perfect Oscars Party</a></li> <li><a href="http://blog.rismedia.com/2017/gender-pay-gap-housing/">Priced Out: Gender Pay Gap Spills Over to Housing</a></li> <li><a href="http://blog.rismedia.com/2017/4-tips-organizing-home-maintenance-routine/">4 Tips for Organizing Your Home Maintenance Routine</a></li> </ul> <p>If you&#8217;re into renovation projects, then updating and revamping your home can be a lot of fun. But before you get too excited about knocking down walls and setting up a custom movie room, you might want to consider resale value. Flashy renovations don&#8217;t always yield the best returns, so you&#8217;ll need to take care when picking projects.</p> <p>To make things easier for you, here are four remodels to avoid and four to invest in.</p> <p><strong><u>Remodels to Avoid</u></strong></p> <p><strong>Luxury Rooms</strong><strong><br /> </strong>An indoor basketball court, wine cellar, sauna, or even a movie theater won&#8217;t often recoup the high building costs. Luxury add-on rooms are hard to pitch to buyers unless you&#8217;re living in an upscale housing market—the average homebuyer won&#8217;t be willing to pay for them. Further, rooms that depend heavily on wired electronics, like home theaters, are hard to keep current because TVs and speakers are constantly advancing.</p> <p><strong>Swimming Pool</strong><strong><br /> </strong>The <a href="http://money.usnews.com/money/personal-finance/articles/2015/05/19/the-real-cost-of-owning-a-swimming-pool" target="_blank">average cost to build a pool</a> is $39,084—a hefty price tag that is seldom recovered once the home is sold. It&#8217;s widely accepted throughout the industry that a homeowner will lose money by adding a swimming pool. Homebuyers don&#8217;t want to deal with the maintenance cost of a pool (which can <a href="http://www.improvenet.com/a/the-hidden-costs-of-buying-maintaining-a-swimming-pool" target="_blank">cost</a> as much as $2,000 a year), the added insurance premiums, and—if they have young kids—the safety issues.<br /> <strong><br /> <strong>Gaudy Accents</strong><br /> </strong>Though gold-plated crown molding or mosaic-tile backsplashes may feature prominently in your ideal vision for your home, they often turn out to be the average homebuyer&#8217;s worst nightmare. Passing fads or niche trends rarely stick around long, so if you miss the brief window when your remodeling choices are in, you&#8217;ll end up paying for it later.</p> <p><strong>Changes Contrary to Area Standards</strong><strong><br /> </strong>If you aren’t watching the trends common to your area, you could end up losing a lot of money. A home that totals $600,000 after all the renovations won’t sell in a neighborhood where homes are netting half that price. Likewise, knocking down the walls of extra bedrooms for an open layout won’t be appealing in a family-oriented neighborhood.<br /> <strong><u>Remodels That Pay</u><br /> </strong></p> <p><strong>Steel Doors</strong><br /> You don&#8217;t want to go cheap on a standard front door. At roughly $1,000, steel doors are comparatively affordable, durable, low maintenance and burglar resistant. As an added bonus, the National Association of REALTORS® <a href="http://realtormag.realtor.org/home-and-design/cost-vs-value/article/2015/01/2015-remodeling-cost-vs-value-less-more" target="_blank">reports</a> that steel door upgrades show the highest return on investment of any home remodel, at over 100 percent of the cost.</p> <p><strong>Solar Panels</strong><strong><br /> </strong>As the <a href="https://www.solarpowerauthority.com/how-much-does-it-cost-to-install-solar-on-an-average-us-house/" target="_blank">price of solar panels</a> continues to drop, the energy payback on installing them is becoming greater and greater. The average rooftop solar system is now <a href="http://www.computerworld.com/article/3128255/sustainable-it/rooftop-solar-installation-prices-drop-as-does-payback-time.html" target="_blank">paid off</a> in seven-and-a-half years. After that, panels are a big money-saving asset. A <a href="https://emp.lbl.gov/sites/all/files/selling-into-the-sun-jan12.pdf" target="_blank">study</a> by the Lawrence Berkeley National Laboratory notes that homebuyers &#8220;consistently have been willing to pay more for a property&#8221; with solar panels—a premium of around $4 per installed watt, on average.</p> <p><strong>New Siding</strong><strong><br /> </strong>The exterior of your house is the first thing potential homebuyers see, and you want to make the best first impression. This is part of the reason redoing your siding is so profitable. New siding <a href="https://www.houselogic.com/organize-maintain/home-maintenance-tips/siding-guide-options/" target="_blank">recoups</a> around 80 percent of the initial cost, according to the National Association of REALTORS®, thanks largely to the increased curb appeal and improved energy efficiency it provides.</p> <p><strong>Broadband Access</strong><br /> Access to broadband speeds is considered an essential utility for today&#8217;s connected homebuyer. <a href="https://www.highspeedinternet.com/resources/broadband-can-increase-value-of-your-home-by-up-to-3-percent/" target="_blank">Research</a> shows that faster internet speeds increase your home value by as much as 3 percent. Homeowners can prepare their homes for higher broadband connectivity by working with area providers to install requisite equipment and wiring. Building out wall ports and cable-hiding baseboards is a good move to attract buyers, too.</p> <p>Even if you&#8217;re not considering selling your home just yet, keep potential selling benefits in mind. Intrepid homeowners know that the best remodels will increase both quality of life and listing price, so take care to invest in projects that will net the biggest returns.</p> <p><em>For the latest </em><a href="http://www.rismedia.com"><em>real estate news and trends</em></a><em>, bookmark RISMedia.com.</em></p> <p>The post <a rel="nofollow" href="http://rismedia.com/2017/02/23/home-renovations-hurt-help-property-value/">Home Renovations That Can Hurt (and Help) Property Value</a> appeared first on <a rel="nofollow" href="http://rismedia.com">RISMedia</a>.</p> http://rismedia.com/2017/02/23/home-renovations-hurt-help-property-value/feed/ 0 2017-02-23 21:08 +00:00 2017-02-23 14:08 -07:00 http://rismedia.com/?p=126559 http://rismedia.com/2017/02/22/advantages-real-estate-auctions/ Advice Agent Best Practices Broker Buying/Selling Latest News Teams Luxury Real Estate Real Estate Auction Real Estate Bidding Resort Market Second-Home Market Sheldon Good & Company 5 Advantages of Real Estate Auctions<p>Real estate auctions can be an effective sales tool for all types of properties, including luxury residential and single-family homes, as well as multifamily, retail and development sites. While the conventional stereotype of an auction is that of a vehicle to move distressed properties, the troubled scenario no longer strictly holds true. For example, we&#8217;re [&#8230;]</p> <p>The post <a rel="nofollow" href="http://rismedia.com/2017/02/22/advantages-real-estate-auctions/">5 Advantages of Real Estate Auctions</a> appeared first on <a rel="nofollow" href="http://rismedia.com">RISMedia</a>.</p> Wed, 22 Feb 2017 21:08:17 Z http://rismedia.com/2017/02/22/advantages-real-estate-auctions/#respond Susanne Dwyer <p>Real estate auctions can be an effective sales tool for all types of properties, including luxury residential and single-family homes, as well as multifamily, retail and development sites.</p> <p>While the conventional stereotype of an auction is that of a vehicle to move distressed properties, the troubled scenario no longer strictly holds true. For example, we&#8217;re seeing an overall increase in auctions of luxury residences. This uptick is especially apparent in second-home and resort markets, where baby boomers and empty-nesters are looking to sell their second residences.</p> <p>In general, real estate auctions offer an efficient approach to a sale that can provide several advantages.</p> <p><strong>Auctions don&#8217;t replace brokers.</strong> Many real estate auction firms work in collaboration with brokers. Typically, the auction firm offers a cooperating broker a fee to the agent who represents the buyer. For the selling broker, the compensation structure in the conventional sales agreement often remains in place.</p> <p><strong>Auctions establish the market.</strong> An auction is a market-finding tool. By bringing together a large group of buyers to bid, that establishes what the market can be for the property.</p> <p><strong>They command attention. </strong>Real estate auctions work in much the same way as those for fine art and antiques. Auctions are exciting and draw the attention of buyers from other sales occurring in the area. They also attract interest from a wide set of potential buyers beyond the property&#8217;s immediate location. For example, the auction of a premier condominium residence at the Ritz Carlton in New York generated more than 5,000 inquiries from all 50 states, and close to 1,800 international inquiries.</p> <p><strong>The sale is completed within a definite timeframe. </strong>Real estate auctions complete the transaction within a defined period of time. Knowing the precise date when the sale will be done can provide a real convenience for the seller.</p> <p><strong>The auction process is open and transparent.</strong> One of the most positive aspects of a real estate auction is its transparency. Buyers gather and see the act of bidding. Plus, many potential buyers are unsure of the property value—an auction sets a fair market value, with a pricing floor that has a wider appeal to a much larger pool of potential buyers.</p> <p>Once upon a time, real estate auctions were solely for troubled properties. Today, sellers, buyers and brokers of many different types of properties can reap the benefits of a convenient sales tool.</p> <p><em>Jonathan Cuticelli is director of Project Management and principal auctioneer at New York-based real estate auction firm </em><a href="http://www.sheldongood.com/luxury.html" target="_blank"><em>Sheldon Good &amp; Company</em></a><em>. Founded in 1965, Sheldon Good is one of the oldest firms in the business.<br /> </em></p> <p><em>For the latest </em><a href="http://www.rismedia.com"><em>real estate news and trends</em></a><em>, bookmark RISMedia.com.</em></p> <p>The post <a rel="nofollow" href="http://rismedia.com/2017/02/22/advantages-real-estate-auctions/">5 Advantages of Real Estate Auctions</a> appeared first on <a rel="nofollow" href="http://rismedia.com">RISMedia</a>.</p> http://rismedia.com/2017/02/22/advantages-real-estate-auctions/feed/ 0 2017-02-22 21:08 +00:00 2017-02-22 14:08 -07:00 http://money.cnn.com/2017/02/21/pf/millionaires-moving-migration-australia-france/index.html?section=money_realestate http://rss.cnn.com/~r/rss/money_realestate/~3/tKXomXq3e4I/index.html Where millionaires are moving: Australia tops the listAustralia has cemented its status as the most desirable place for migrating millionaires in 2016.<img src="http://feeds.feedburner.com/~r/rss/money_realestate/~4/tKXomXq3e4I" height="1" width="1" alt=""/> Tue, 21 Feb 2017 09:39:20 -0500 http://money.cnn.com/2017/02/21/pf/millionaires-moving-migration-australia-france/index.html?section=money_realestate 2017-02-21 09:39 -05:00 2017-02-21 07:39 -07:00 http://rismedia.com/?p=126343 http://rismedia.com/2017/02/16/popular-curb-appeal-trends-2017-new-ideas-first-impressions/ Advice Buying/Selling For Your Clients Home Improvement Home Spun Wisdom Latest News Curb Appeal Home-Selling Outdoor Design Trends RISMedia's Housecall Popular Curb Appeal Trends for 2017: New Ideas for First Impressions<p>Editor&#8217;s Note: This was originally published on RISMedia&#8217;s blog, Housecall. See what else is cookin&#8217; now at blog.rismedia.com: Cobie Smulders Sells $1.425 Million Los Feliz Property to Demetri Martin What to Expect When Selling a Home in Winter #RISReaderRewards: Which Oscar Nominee Would You Like to Help Buy or Sell a Home? Never underestimate the [&#8230;]</p> <p>The post <a rel="nofollow" href="http://rismedia.com/2017/02/16/popular-curb-appeal-trends-2017-new-ideas-first-impressions/">Popular Curb Appeal Trends for 2017: New Ideas for First Impressions</a> appeared first on <a rel="nofollow" href="http://rismedia.com">RISMedia</a>.</p> Thu, 16 Feb 2017 21:17:08 Z http://rismedia.com/2017/02/16/popular-curb-appeal-trends-2017-new-ideas-first-impressions/#respond Susanne Dwyer <p><em>Editor&#8217;s Note: This was originally published on RISMedia&#8217;s blog, Housecall. See what else is cookin&#8217; now at </em><a href="http://blog.rismedia.com"><em>blog.rismedia.com</em></a><em>:<br /> </em></p> <ul> <li><a href="http://blog.rismedia.com/2017/cobie-smulders-sells/">Cobie Smulders Sells $1.425 Million Los Feliz Property to Demetri Martin</a></li> <li><a href="http://blog.rismedia.com/2017/selling-home-winter/">What to Expect When Selling a Home in Winter</a></li> <li><a href="http://blog.rismedia.com/2017/3rd-annual-oscar-contest/">#RISReaderRewards: Which Oscar Nominee Would You Like to Help Buy or Sell a Home?</a><em><br /> </em></li> </ul> <p>Never underestimate the value of a pretty face…on your home or a client&#8217;s home. A curbside facelift is money well-spent, whether prepping to sell your house, increasing its equity value, or just for your own pleasure.</p> <p>These new ideas and trends should get your creative juices flowing.</p> <p><strong>Rethink the Front Door</strong><br /> REALTORS® have long advised that the front door—one of the first things a visitor touches—should look well-kept and attractive. The cheapest option is to repaint it, and people are <a href="http://www.hgtv.com/remodel/mechanical-systems/choosing-the-right-entry-door" target="_blank">getting</a> more adventurous with color choices for doors. No longer feel bound to match your door to the window and shutter hue. Contrast is good, and some homes benefit from brighter colors.</p> <p>For just a few more dollars, replace old, corroded hardware—knobs, kickplate, etc. For a professional look, and to save yourself some time and cleanup, install the new hardware after painting.</p> <p>Replacing the entire door might cost you or your client $500 or more, but if you are bored or unhappy with your plain door, or if the door will affect the value of the home, peruse the latest new styles.</p> <p>If you really want a big change, consider adding an arched doorway, windows on either side or expanding to a double-door. Ironically, one new trend is to go old and ornate.</p> <p><strong>Light the Way</strong><br /> Some home-building companies scrimp on the porch or entrance-way lighting. If you or your client weren&#8217;t involved in the original lighting decisions—or even if you were—over time, glass fixtures become dim from dirt, dead moths or old bulbs.<strong><br /> </strong></p> <p>Cleaning globes and replacing bulbs instantly brings new life to your evening facade. New fixtures are inexpensive and can usually be owner-installed. You will likely be delighted—no pun intended—to discover that advanced lighting technology has gone beyond fluorescent with the introduction of <a href="http://www.ledinside.com/lighting/2015/8/lighting_designer_leds_transforms_the_science_of_illumination" target="_blank">LED bulbs</a>. LEDs provide more lumens with less power, resulting in brighter entryways while saving on electricity.</p> <p>The options are nearly limitless for affordable and novel ways to illuminate your home&#8217;s front porch or portico.</p> <p><strong>Install Stone Veneer</strong><br /> For many homes, a major transformation from a common, run-of-the-mill appearance to a luxury look is achieved with stone veneer. No doubt about it: <a href="http://sunshinecontractingcorp.com/stone-veneer/" target="_blank">Stone veneer</a> is an up-and-coming trend for home upgrades. Once installed, stone veneer is nearly indistinguishable from full stonework. The key difference is cost and ease of installation. Stonework speaks to craftsmanship, and veneer gives your home an expensive look for less. Stone veneer also has advantages beyond cosmetic:</p> <ul> <li>It&#8217;s rugged and never needs painting.</li> <li>It comes in a wide variety of textures and colors.</li> <li>You can use it for an entire house, a single wall or just the skirting.</li> </ul> <p>You will be pleasantly surprised at how it sets your home apart from others on your street while increasing its value and marketability.</p> <p><strong>Refinish Sidewalks and Driveways</strong><br /> Just as the upscale look of stone upgrades exterior walls, stone or brick makes a huge improvement to unsightly cracked concrete walks and drives. Different types and shapes of stone can create a variety of patterns, and hiring a professional installer on a complete tear-and-replace will save time and your back.</p> <p>If your property&#8217;s asphalt or concrete drive is in good condition, bordering it with brick pavers can add a touch of class. Trims can be a do-it-yourself project requiring minimal skill, effort and cost.</p> <p><strong>Add Color to Landscaping</strong><br /> You&#8217;ll want the lawn and hedges manicured. Go further. Green is great, but dots of color lift your yard to a higher level of beauty.</p> <p>Over the last decade, most cities have upgraded cosmetics, realizing that public street corners beg for flowers and professional landscaping. Eyes have come to expect more color and design street-side, and in desirable neighborhoods, that expectation translates over to the look of your curb.</p> <p>Again, a tiny expenditure equals a major step-up. Bulbs, shrubs, borders, fencing and mulch are all things to consider.</p> <p><strong>Check Your Mailbox</strong><br /> In many neighborhoods, another first curb appeal object is literally at the curb: the mailbox.</p> <p>Sure, you can spend a pile for a pile of bricks to dress up your mailbox, but a recent trend is less costly: unique and <a href="https://www.pinterest.com/pin/72761350203349144/" target="_blank">artsy mailboxes and posts</a>. Visit an arts and crafts show and you may find hand-crafted mailboxes for a reasonable price. Meet a local artist who can craft something special for you. If you prefer to do it yourself, concrete footing, a post, wood trim, paint, and, of course, your mailbox, will go far.</p> <p>On a street where all the mailboxes look the same, and where the houses also may be cookie-cutter, you can set yours apart. That&#8217;s the point of all these improvements. Give your house its own attractive identity—and for less than you might expect.</p> <p>The post <a rel="nofollow" href="http://rismedia.com/2017/02/16/popular-curb-appeal-trends-2017-new-ideas-first-impressions/">Popular Curb Appeal Trends for 2017: New Ideas for First Impressions</a> appeared first on <a rel="nofollow" href="http://rismedia.com">RISMedia</a>.</p> http://rismedia.com/2017/02/16/popular-curb-appeal-trends-2017-new-ideas-first-impressions/feed/ 0 2017-02-16 21:17 +00:00 2017-02-16 14:17 -07:00 http://rismedia.com/?p=126295 http://rismedia.com/2017/02/15/expect-when-selling-home-winter/ Advice Buying/Selling For Your Clients Home Spun Wisdom Latest News Curb Appeal Home Energy Costs Home Staging Home-Selling RISMedia's Housecall What to Expect When Selling a Home in Winter<p>Editor&#8217;s Note: This was originally published on RISMedia&#8217;s blog, Housecall. See what else is cookin&#8217; now at blog.rismedia.com: #RISReaderRewards: Which Oscar Nominee Would You Like to Help Buy or Sell a Home? Want to Boost Transaction Volume? Online Leads Are the Way to Go Buy or Rent? How to Decide Which Living Option Is Best [&#8230;]</p> <p>The post <a rel="nofollow" href="http://rismedia.com/2017/02/15/expect-when-selling-home-winter/">What to Expect When Selling a Home in Winter</a> appeared first on <a rel="nofollow" href="http://rismedia.com">RISMedia</a>.</p> Wed, 15 Feb 2017 20:58:04 Z http://rismedia.com/2017/02/15/expect-when-selling-home-winter/#respond Susanne Dwyer <p><em>Editor&#8217;s Note: This was originally published on RISMedia&#8217;s blog, Housecall. See what else is cookin&#8217; now at </em><a href="http://blog.rismedia.com"><em>blog.rismedia.com</em></a><em>:<br /> </em></p> <ul> <li><a href="http://blog.rismedia.com/2017/3rd-annual-oscar-contest/">#RISReaderRewards: Which Oscar Nominee Would You Like to Help Buy or Sell a Home?</a></li> <li><a href="http://blog.rismedia.com/2017/move-feb-story/">Want to Boost Transaction Volume? Online Leads Are the Way to Go</a></li> <li><a href="http://blog.rismedia.com/2017/buy-or-rent/">Buy or Rent? How to Decide Which Living Option Is Best for You</a></li> </ul> <p>While homeowners traditionally wait for spring to list their home—the peak home-shopping season—there are many good reasons to sell in the winter. Buyers shopping in winter usually have more urgency to buy quickly, but selling a home in winter can be a bit of a different ball game, though. You can improve your chances of selling quickly and for maximum dollar by knowing what to expect and planning your sale.</p> <p><strong>Curb Appeal Is a Must</strong><br /> Drab weather and gray skies make it more important than ever to make your home eye-catching. First impressions count, so help your home stand out from the gloomy environment with simple landscaping and colorful cold weather plants on the front porch. Be sure to address any signs of deferred maintenance by caulking the windows and repairing any damaged window seals, which cause condensation.</p> <p><strong>Traffic Will Be Lower</strong><br /> Expect foot traffic to be lower in winter. You will most likely have fewer showings and less traffic at the open house, so it&#8217;s more important than ever to make a good first impression. The good news is the buyers who are out and looking for a home in the winter tend to be much more serious and motivated to buy than spring shoppers.</p> <p><strong>Set the Mood</strong><br /> As buyers walk into the home, they should immediately have a sense of warmth. You can stage your home carefully with seasonal touches like stacked wood at the fireplace, throw blankets, and cinnamon pinecones.</p> <p>You&#8217;ll also want to keep your home warm. A good tip if you have a loud HVAC system is cranking up the thermostat a bit higher than normal, then setting the temperature back to the regular setting before you leave. This way, the HVAC system won&#8217;t kick on while the buyer is present.</p> <p><strong>Focus on Heating and Energy Costs</strong><br /> Winter homebuyers pay extra attention to issues related to home maintenance and heating. Make sure your roof, HVAC system and furnace are inspected, and take care of any maintenance issues, like replacing your <a href="https://www.qualityairfilters.com/filter-guide/" target="_blank">furnace air filters</a> and cleaning out the fireplace.</p> <p>Keep in mind many winter buyers also consider heating costs when buying a home, especially if you live in a cold weather area. This may be the ideal time to look into cost-effective upgrades, like energy-efficient windows and new insulation to cut your utility bills.</p> <p><strong>Stay on Top of Snow Removal</strong><br /> A unique challenge for home sellers during the winter is dealing with snow and ice. It&#8217;s vital that buyers have a clear and safe path into your home, but you also need a plan to keep visitors from tracking a mess throughout the house. Stay on top of snow by shoveling the walkways often and sprinkling the path with sidewalk salt or sand for traction. When it&#8217;s wet outside, add a rubber mat near the front door for shoes.</p> <p><strong>Use Spring Photos</strong><br /> Marketing photos for your home should be done before the trees lose their leaves and the temperature drops for the best effect. This way, buyers can see what your home will look like in other seasons when the landscaping is green and beautiful. Photos of barren, snow-covered ground and bare trees simply aren&#8217;t as compelling.</p> <p><strong>Bring in More Light</strong><br /> During the winter, days get shorter and the sun sets earlier. This can make it challenging to show the home to potential buyers if the home is too dark to really see. It&#8217;s a good idea to install landscape lighting outside if you don&#8217;t have any and bring in additional lighting in rooms that seem dim.</p> <p>While selling in winter may require tweaking your strategy a bit, it can help you attract more serious buyers and even net you more from the sale of your home—as long as you know what to expect.</p> <p>The post <a rel="nofollow" href="http://rismedia.com/2017/02/15/expect-when-selling-home-winter/">What to Expect When Selling a Home in Winter</a> appeared first on <a rel="nofollow" href="http://rismedia.com">RISMedia</a>.</p> http://rismedia.com/2017/02/15/expect-when-selling-home-winter/feed/ 0 2017-02-15 20:58 +00:00 2017-02-15 13:58 -07:00 http://rismedia.com/?p=126239 http://rismedia.com/2017/02/14/key-successful-sale/ Advice Agent Best Practices Broker Buying/Selling For Your Clients Latest News Teams Home Inspection Home Sale Home Warranty Howard Hanna Real Estate HSA Home Warranty The Key to a Successful Sale<p>How can real estate professionals help protect their clients throughout a transaction? The answer is not only simple, but a no-brainer: home warranties. Denise Canacci Walters, a REALTOR® with Howard Hanna Real Estate Services in New Castle, Pa., quickly realized just how valuable a home warranty can be for buyers and sellers alike. &#8220;I always [&#8230;]</p> <p>The post <a rel="nofollow" href="http://rismedia.com/2017/02/14/key-successful-sale/">The Key to a Successful Sale</a> appeared first on <a rel="nofollow" href="http://rismedia.com">RISMedia</a>.</p> Tue, 14 Feb 2017 21:07:06 Z http://rismedia.com/2017/02/14/key-successful-sale/#respond Susanne Dwyer <p>How can real estate professionals help protect their clients throughout a transaction? The answer is not only simple, but a no-brainer: home warranties.</p> <p>Denise Canacci Walters, a REALTOR® with Howard Hanna Real Estate Services in New Castle, Pa., quickly realized just how valuable a home warranty can be for buyers and sellers alike. &#8220;I always explain the benefits of a home warranty when I list properties and how it could save the seller from unexpected repair costs,&#8221; says Canacci Walters. &#8220;Most buyer&#8217;s agents recommend asking for a home warranty anyway, so when sellers put it on in the beginning, they&#8217;re getting the benefit of having coverage, too.&#8221;</p> <p>Many Howard Hanna clients utilize HSA home warranties, which serve as a safety net in case something goes awry with covered home system components or appliances before closing. For Canacci Walters, who closes approximately 90 transactions per year, HSA has always backed its product and risen to any occasion for her clients.</p> <p>&#8220;What really sets HSA apart is the high level of customer service. When people talk about home warranties, it&#8217;s always a complaint that when making a service request, you might not get results, or they&#8217;re trying not to cover things. That&#8217;s not been my clients&#8217; experience with HSA Home Warranty,&#8221; says Canacci Walters. &#8220;If my client has an issue, the team at HSA is both supportive and helpful in getting things taken care of that should be taken care of.&#8221;</p> <p>When Canacci Walters first started with Howard Hanna, HSA&#8217;s now-Divisional Vice President Greg Long helped get her and other agents up to speed, coming into the office to help with training and to update the Howard Hanna team on the product. Today, the support team has expanded to include Regional Director Nichole Taylor and Territory Manager Joel Bolinger, who are available 24/7.</p> <p>&#8220;They get back to the client promptly and do their best to take care of the problem,&#8221; says Canacci Walters. &#8220;If a client is having trouble getting through, they&#8217;ll put the claim in for them.&#8221;</p> <p>Canacci Walters points to one experience where HSA recently saved the day. A home inspection revealed $600 worth of gas leaks, a furnace that had a cracked heat exchanger and an old stove in the home that wasn&#8217;t working properly. Thanks to the home warranty policy, the homeowner was provided coverage to assist in repairing the gas leaks and replacing both appliances.</p> <p>&#8220;If there hadn&#8217;t been a home warranty, the transaction would&#8217;ve fallen through,&#8221; says Canacci Walters.</p> <p>With a support team she and her clients can trust—and a product that&#8217;s ready to serve—Walters and her clients can rest assured that their homes are protected, and that closing day remains a success.<em><br /> </em></p> <p><em>For more information, please visit </em><a href="http://www.onlinehsa.com" target="_blank"><em>www.onlinehsa.com</em></a><em>.<br /> </em></p> <p><em>Nick Caruso is RISMedia&#8217;s senior editor. Email him your real estate news ideas at </em><a href="mailto:[email protected]"><em>[email protected]</em></a><em>.</em></p> <p>For the latest <a href="http://www.rismedia.com"><em>real estate news and trends</em></a><em>, bookmark RISMedia.com.</em></p> <p>The post <a rel="nofollow" href="http://rismedia.com/2017/02/14/key-successful-sale/">The Key to a Successful Sale</a> appeared first on <a rel="nofollow" href="http://rismedia.com">RISMedia</a>.</p> http://rismedia.com/2017/02/14/key-successful-sale/feed/ 0 2017-02-14 21:07 +00:00 2017-02-14 14:07 -07:00 http://rismedia.com/?p=126235 http://rismedia.com/2017/02/14/buy-rent-decide-living-option/ Advice Buying/Selling For Your Clients Home Spun Wisdom How-To Latest News Buy vs. Rent Home-Buying Renting RISMedia's Housecall Buy or Rent? How to Decide which Living Option Is Best for You<p>Editor&#8217;s Note: This was originally published on RISMedia&#8217;s blog, Housecall. See what else is cookin&#8217; now at blog.rismedia.com: Feast on &#8216;Santa Clarita Diet,&#8217; a Comedy About Real Estate (and Zombies) New Job? New City? 4 Tips for Finding the Perfect Home 8 High-Tech Features to Include in Your Next Remodel Should you buy or rent? [&#8230;]</p> <p>The post <a rel="nofollow" href="http://rismedia.com/2017/02/14/buy-rent-decide-living-option/">Buy or Rent? How to Decide which Living Option Is Best for You</a> appeared first on <a rel="nofollow" href="http://rismedia.com">RISMedia</a>.</p> Tue, 14 Feb 2017 21:04:11 Z http://rismedia.com/2017/02/14/buy-rent-decide-living-option/#respond Susanne Dwyer <p><em>Editor&#8217;s Note: This was originally published on RISMedia&#8217;s blog, Housecall. See what else is cookin&#8217; now at </em><a href="http://blog.rismedia.com"><em>blog.rismedia.com</em></a><em>:</em></p> <ul> <li><a href="http://blog.rismedia.com/2017/santa-clarita-diet/">Feast on &#8216;Santa Clarita Diet,&#8217; a Comedy About Real Estate (and Zombies)</a></li> <li><a href="http://blog.rismedia.com/2017/new-job-new-city-4-tips-finding-perfect-new-home/">New Job? New City? 4 Tips for Finding the Perfect Home</a></li> <li><a href="http://blog.rismedia.com/2017/8-high-tech-features-remodel/">8 High-Tech Features to Include in Your Next Remodel</a></li> </ul> <p>Should you buy or rent? Most people ask themselves this question at one point or another, and there&#8217;s no clear correct answer. Before you give up in frustration, take some time to ask yourself the following questions.</p> <p><strong>How Stable Is Your Lifestyle?</strong><br /> Are you the kind of person who likes to stay in one place, or do you like to move around? If your life is relatively stable and you are looking to put down roots, buying a home is probably a good idea. If you are looking to move around or you are willing to pick up stakes for your job, you should consider renting.</p> <p><strong>What Are Your Plans for the Near Future?</strong><br /> Your plans for the near future are also very important for deciding whether you will rent or buy. If you are planning on expanding your family, for example, it might be a good idea to buy a home that&#8217;s bigger than most apartments. Likewise, if you are planning to move soon, you&#8217;ll want to rent. Issues like adopting a pet, taking long trips or even major medical decisions can influence whether purchasing a home is the right move in your life.</p> <p><strong>What&#8217;s Important to You?</strong><br /> You should also take a few moments to consider what&#8217;s important for you in terms of a living situation. Do you like privacy, stability, and the feeling of owning your own home? If so, then you&#8217;ll want to buy. Do you prefer amenities, a community, and putting the responsibility for home care and maintenance in the hands of professionals? That might mean you want to rent. There&#8217;s not a right or wrong answer here, so take some time to come to your own conclusion.</p> <p><strong>Who Is Helping You?</strong><br /> Finally, think about who&#8217;s helping you to make this choice. If you work with professionals, you&#8217;ll have a better chance to see more properties and make a more informed decision. One of the worst moves you can make when making this decision is to rush forward without enough information. Always make sure you let a real estate professional help you in your search.</p> <p>Deciding whether to rent or buy is always a deeply personal decision. Take some time and think things over, then work with a professional to help you find a living situation that suits your lifestyle.</p> <p><em>For the latest </em><a href="http://www.rismedia.com"><em>real estate news and trends</em></a><em>, bookmark RISMedia.com.</em></p> <p>The post <a rel="nofollow" href="http://rismedia.com/2017/02/14/buy-rent-decide-living-option/">Buy or Rent? How to Decide which Living Option Is Best for You</a> appeared first on <a rel="nofollow" href="http://rismedia.com">RISMedia</a>.</p> http://rismedia.com/2017/02/14/buy-rent-decide-living-option/feed/ 0 2017-02-14 21:04 +00:00 2017-02-14 14:04 -07:00 http://money.cnn.com/2017/02/09/investing/gop-war-elizabeth-warren-cfpb-trump/index.html?section=money_realestate http://rss.cnn.com/~r/rss/money_realestate/~3/eHQSFnujmAc/index.html GOP declares all-out war on Elizabeth Warren's agencyRepublican Rep. Jeb Hensarling penned a dramatic op-ed denouncing the CFPB in terms usually reserved for condemning tyrannical, intolerant autocratic regimes.<img src="http://feeds.feedburner.com/~r/rss/money_realestate/~4/eHQSFnujmAc" height="1" width="1" alt=""/> Thu, 09 Feb 2017 14:40:21 -0500 http://money.cnn.com/2017/02/09/investing/gop-war-elizabeth-warren-cfpb-trump/index.html?section=money_realestate 2017-02-09 14:40 -05:00 2017-02-09 12:40 -07:00 http://rismedia.com/?p=126026 http://rismedia.com/2017/02/08/new-job-new-city-4-tips-finding-perfect-new-home/ Advice Buying/Selling For Your Clients Home Spun Wisdom Latest News Home-Buying Moving Relocation RISMedia's Housecall New Job? New City? 4 Tips for Finding the Perfect New Home<p>You&#8217;re exploring life as a new employee in a city of which you know little. The last thing you want to do is blindly choose a house out of necessity. Here are four tips that can help you in your quest to find the perfect new home in your new city. Understand Your Personality and [&#8230;]</p> <p>The post <a rel="nofollow" href="http://rismedia.com/2017/02/08/new-job-new-city-4-tips-finding-perfect-new-home/">New Job? New City? 4 Tips for Finding the Perfect New Home</a> appeared first on <a rel="nofollow" href="http://rismedia.com">RISMedia</a>.</p> Wed, 08 Feb 2017 21:02:46 Z http://rismedia.com/2017/02/08/new-job-new-city-4-tips-finding-perfect-new-home/#respond Susanne Dwyer <p>You&#8217;re exploring life as a new employee in a city of which you know little. The last thing you want to do is blindly choose a house out of necessity. Here are four tips that can help you in your quest to find the perfect new home in your new city.</p> <p><strong>Understand Your Personality and Desires</strong><br /> Your personal characteristics, for the most part, remain the same regardless of where you reside. It is important that you have an honest conversation with yourself before contacting a real estate professional. The most skilled REALTOR® cannot assist in your home search without first having a scope of your wants and needs.</p> <p><strong>Research before Looking</strong><br /> Do a quick search of the region and identify three to five neighborhoods that intrigue you most. Take into account nearby schools, recreational facilities, crime rates, and cost of living in your communities of choice. Keep in mind your price range and start searching for properties that fall within those bounds. There is no need to set your sights on the house on the hill if you cannot afford such luxury.</p> <p><strong>Thing Long-Term Instead of Right Now</strong><br /> Yes, it is true that you need shelter now, but you want to consider more than your present needs. You may decide to extend the family one day and living in a neighborhood with sub-par schools may not be in the best interest of the kids. Consider where you may find yourself in the next 10 years career-wise and family-wise, and plan accordingly.</p> <p><strong>Hire a REALTOR®</strong><br /> Even the most detail-oriented books about real estate cannot provide the knowledge that you need to navigate the ever-changing world of homeownership. You need a real estate professional who knows the complex parts of the industry to help you find the ideal home at a reasonable price.</p> <p>Selecting the right REALTOR® is not merely a matter of choosing the first candidate that you meet. You should inquire about a potential agent&#8217;s success rate as well as their perception of buyer representation. Asking family members and friends for referrals can be the first step in your quest for the right agent. Researching candidates is another fundamental element of the selection process. You always want to make sure that your salesperson of choice knows the city well, since you are new and still finding your way around town.</p> <p><em>Kara Masterson is a freelance writer from Utah.</em></p> <p><em>This was originally published on RISMedia&#8217;s blog, </em><a href="http://blog.rismedia.com">Housecall</a><em>. Visit the blog daily for housing and real estate tips and trends. Like Housecall </em><a href="http://www.facebook.com/housecallblog" target="_blank">on Facebook</a><em> and follow </em><a href="http://www.twitter.com/housecallblog" target="_blank">@HousecallBlog</a><em> on Twitter.</em></p> <p>The post <a rel="nofollow" href="http://rismedia.com/2017/02/08/new-job-new-city-4-tips-finding-perfect-new-home/">New Job? New City? 4 Tips for Finding the Perfect New Home</a> appeared first on <a rel="nofollow" href="http://rismedia.com">RISMedia</a>.</p> http://rismedia.com/2017/02/08/new-job-new-city-4-tips-finding-perfect-new-home/feed/ 0 2017-02-08 21:02 +00:00 2017-02-08 14:02 -07:00 http://money.cnn.com/2017/01/31/real_estate/cfpb-prospect-mortgage-kickbacks/index.html?section=money_realestate http://rss.cnn.com/~r/rss/money_realestate/~3/xhFjBKdtM10/index.html Mortgage lender fined $3.5 million for kickback schemeThe Consumer Financial Protection Bureau has ordered mortgage lender Prospect Mortgage to pay a $3.5 million fine for illegal kickbacks to real estate brokers and agents.<img src="http://feeds.feedburner.com/~r/rss/money_realestate/~4/xhFjBKdtM10" height="1" width="1" alt=""/> Tue, 31 Jan 2017 16:58:20 -0500 http://money.cnn.com/2017/01/31/real_estate/cfpb-prospect-mortgage-kickbacks/index.html?section=money_realestate 2017-01-31 16:58 -05:00 2017-01-31 14:58 -07:00 http://rismedia.com/?p=125725 http://rismedia.com/2017/01/31/four-ways-jumpstart-credit-score/ Advice Buying/Selling For Your Clients Home Spun Wisdom Latest News Four Ways to Jumpstart Your Credit Score<p>Improving your credit score can sometimes be a lengthy project. Consumer advisor Brian Acton tells Yahoo Finance if you are planning to apply for a mortgage or other major loan, there are five strategies you can use that can help bump up your credit score in as little as 30 days: Become an authorized user. [&#8230;]</p> <p>The post <a rel="nofollow" href="http://rismedia.com/2017/01/31/four-ways-jumpstart-credit-score/">Four Ways to Jumpstart Your Credit Score</a> appeared first on <a rel="nofollow" href="http://rismedia.com">RISMedia</a>.</p> Tue, 31 Jan 2017 21:05:08 Z http://rismedia.com/2017/01/31/four-ways-jumpstart-credit-score/#respond Susanne Dwyer <p>Improving your credit score can sometimes be a lengthy project. Consumer advisor Brian Acton tells Yahoo Finance if you are planning to apply for a mortgage or other major loan, there are five strategies you can use that can help bump up your credit score in as little as 30 days:</p> <p><strong>Become an authorized user</strong><strong>.</strong> You can piggyback off someone else&#8217;s good credit by having them add you as an authorized user to an account they&#8217;ve had for some time. As an authorized user, you can benefit from this responsibly managed account once it is added to your credit profile. (Understand, however, that if you use the account irresponsibly, both your credit scores will suffer.)</p> <p><strong>Request a credit limit increase.</strong> If you have a timely payment history with your credit card issuer, the issuer will likely grant you a limit increase if you ask for it. Since your credit utilization rate figures heavily in your credit score, an increase in the limit can help your score—so long as you resist increasing your spending.</p> <p><strong>Pay down your cards. </strong>Because—as indicated above—a lower balance positively affects your credit utilization rate, make the effort to curb your current spending and use any extra funds you can muster to pay down existing debts.</p> <p><strong>Check for credit report errors. </strong>An error on your report can weigh down your score, while removing one can result in great improvement. Since most credit reporting errors are resolved in about 30 days, pull your report from AnnualCreditReport.com and go over it with a fine-tooth comb. If something seems amiss, such as an unreported debt payoff, disputing it right away can make a big difference in your credit score.</p> <p><em>For the latest </em><a href="http://www.rismedia.com"><em>real estate news and trends</em></a><em>, bookmark RISMedia.com.<br /> </em></p> <p>The post <a rel="nofollow" href="http://rismedia.com/2017/01/31/four-ways-jumpstart-credit-score/">Four Ways to Jumpstart Your Credit Score</a> appeared first on <a rel="nofollow" href="http://rismedia.com">RISMedia</a>.</p> http://rismedia.com/2017/01/31/four-ways-jumpstart-credit-score/feed/ 0 2017-01-31 21:05 +00:00 2017-01-31 14:05 -07:00 http://money.cnn.com/2017/01/20/real_estate/trump-suspends-fha-premium-rate-cut/index.html?section=money_realestate http://rss.cnn.com/~r/rss/money_realestate/~3/qumb6R7OW0o/index.html Trump administration suspends mortgage premium rate cutThe Department of Housing and Urban Development has suspended the reduction of annual mortgage insurance premiums that was supposed to go into effect January 27.<img src="http://feeds.feedburner.com/~r/rss/money_realestate/~4/qumb6R7OW0o" height="1" width="1" alt=""/> Sat, 21 Jan 2017 10:16:35 -0500 http://money.cnn.com/2017/01/20/real_estate/trump-suspends-fha-premium-rate-cut/index.html?section=money_realestate 2017-01-21 10:16 -05:00 2017-01-21 08:16 -07:00 http://money.cnn.com/2017/01/13/real_estate/down-payment-income/index.html?section=money_realestate http://rss.cnn.com/~r/rss/money_realestate/~3/pbzNS4r4_O4/index.html Why it takes years to save for a down paymentComing up with a 20% down payment for a median-price home costs buyers two-thirds of their annual income, according to a new Zillow report.<img src="http://feeds.feedburner.com/~r/rss/money_realestate/~4/pbzNS4r4_O4" height="1" width="1" alt=""/> Fri, 13 Jan 2017 20:39:54 -0500 http://money.cnn.com/2017/01/13/real_estate/down-payment-income/index.html?section=money_realestate 2017-01-13 20:39 -05:00 2017-01-13 18:39 -07:00 http://money.cnn.com/2017/01/09/real_estate/fha-mortgage-insurance-premiums-2017/index.html?section=money_realestate http://rss.cnn.com/~r/rss/money_realestate/~3/Esf6RMrWn28/index.html Government-backed mortgages are about to get cheaperThe Federal Housing Administration will reduce the annual mortgage insurance premiums borrowers pay when taking out a low down payment home loan that is insured by the government.<img src="http://feeds.feedburner.com/~r/rss/money_realestate/~4/Esf6RMrWn28" height="1" width="1" alt=""/> Mon, 09 Jan 2017 16:38:35 -0500 http://money.cnn.com/2017/01/09/real_estate/fha-mortgage-insurance-premiums-2017/index.html?section=money_realestate 2017-01-09 16:38 -05:00 2017-01-09 14:38 -07:00 http://money.cnn.com/2017/01/05/real_estate/mortgage-rates-drop-2017/index.html?section=money_realestate http://rss.cnn.com/~r/rss/money_realestate/~3/3D09G9NEpkk/index.html Mortgage rates kick off new year with a dropAverage fixed mortgage rates dropped for the first time in 10 weeks, according to Freddie Mac.<img src="http://feeds.feedburner.com/~r/rss/money_realestate/~4/3D09G9NEpkk" height="1" width="1" alt=""/> Thu, 05 Jan 2017 13:48:08 -0500 http://money.cnn.com/2017/01/05/real_estate/mortgage-rates-drop-2017/index.html?section=money_realestate 2017-01-05 13:48 -05:00 2017-01-05 11:48 -07:00 http://money.cnn.com/2016/12/15/real_estate/rising-mortgage-rates/index.html?section=money_realestate http://rss.cnn.com/~r/rss/money_realestate/~3/7xQHcMrtipE/index.html Why you shouldn't panic about rising mortgage ratesThe average rate for a 30-year fixed-rate mortgage inched up to 4.16%, but rates are still low by historical standards.<img src="http://feeds.feedburner.com/~r/rss/money_realestate/~4/7xQHcMrtipE" height="1" width="1" alt=""/> Thu, 15 Dec 2016 12:27:18 -0500 http://money.cnn.com/2016/12/15/real_estate/rising-mortgage-rates/index.html?section=money_realestate 2016-12-15 12:27 -05:00 2016-12-15 10:27 -07:00 http://money.cnn.com/2016/12/13/news/economy/fed-rate-hike-interest-savings-mortgage/index.html?section=money_realestate http://rss.cnn.com/~r/rss/money_realestate/~3/RIj3_x_a_a0/index.html What a Fed rate hike means for youRead full story for latest details.<img src="http://feeds.feedburner.com/~r/rss/money_realestate/~4/RIj3_x_a_a0" height="1" width="1" alt=""/> Tue, 13 Dec 2016 09:45:42 -0500 http://money.cnn.com/2016/12/13/news/economy/fed-rate-hike-interest-savings-mortgage/index.html?section=money_realestate 2016-12-13 09:45 -05:00 2016-12-13 07:45 -07:00 http://money.cnn.com/2016/12/02/news/companies/airbnb-rental-limits-london-amsterdam/index.html?section=money_realestate http://rss.cnn.com/~r/rss/money_realestate/~3/EZRAcJxeYdQ/index.html Airbnb promises to quit clogging up city housingAirbnb is acting on a pledge to stop making a shortage of long-term rentals worse in cities such as London and Amsterdam.<img src="http://feeds.feedburner.com/~r/rss/money_realestate/~4/EZRAcJxeYdQ" height="1" width="1" alt=""/> Fri, 02 Dec 2016 08:11:50 -0500 http://money.cnn.com/2016/12/02/news/companies/airbnb-rental-limits-london-amsterdam/index.html?section=money_realestate 2016-12-02 08:11 -05:00 2016-12-02 06:11 -07:00 http://money.cnn.com/2016/11/17/real_estate/mortgage-rates-presidential-election/index.html?section=money_realestate http://rss.cnn.com/~r/rss/money_realestate/~3/Xs1dgrdoDiM/index.html Mortgage rates jump post-electionThe average interest rate on a 30-year mortgage increased to 3.94% last week.<img src="http://feeds.feedburner.com/~r/rss/money_realestate/~4/Xs1dgrdoDiM" height="1" width="1" alt=""/> Thu, 17 Nov 2016 12:25:24 -0500 http://money.cnn.com/2016/11/17/real_estate/mortgage-rates-presidential-election/index.html?section=money_realestate 2016-11-17 12:25 -05:00 2016-11-17 10:25 -07:00 http://money.cnn.com/2016/11/14/real_estate/tiny-home-communities/index.html?section=money_realestate http://rss.cnn.com/~r/rss/money_realestate/~3/WJyNySgwzzk/index.html Tiny home living is having a momentSome cities are changing the rules to allow tiny homes, either on individual lots or in tiny home subdivisions.<img src="http://feeds.feedburner.com/~r/rss/money_realestate/~4/WJyNySgwzzk" height="1" width="1" alt=""/> Mon, 14 Nov 2016 13:12:42 -0500 http://money.cnn.com/2016/11/14/real_estate/tiny-home-communities/index.html?section=money_realestate 2016-11-14 13:12 -05:00 2016-11-14 11:12 -07:00 http://money.cnn.com/2016/11/04/pf/people-moving-out-california/index.html?section=money_realestate http://rss.cnn.com/~r/rss/money_realestate/~3/85MCEA09Rhg/index.html Why a lot of people are moving out of CaliforniaMore U.S. residents are moving out of California than moving in.<img src="http://feeds.feedburner.com/~r/rss/money_realestate/~4/85MCEA09Rhg" height="1" width="1" alt=""/> Mon, 07 Nov 2016 10:41:48 -0500 http://money.cnn.com/2016/11/04/pf/people-moving-out-california/index.html?section=money_realestate 2016-11-07 10:41 -05:00 2016-11-07 08:41 -07:00 http://money.cnn.com/2016/11/04/technology/coliving-community-startups/index.html?section=money_realestate http://rss.cnn.com/~r/rss/money_realestate/~3/u1PdkIw7jt4/index.html Why adults are embracing communal livingRead full story for latest details.<img src="http://feeds.feedburner.com/~r/rss/money_realestate/~4/u1PdkIw7jt4" height="1" width="1" alt=""/> Fri, 04 Nov 2016 10:20:03 -0400 http://money.cnn.com/2016/11/04/technology/coliving-community-startups/index.html?section=money_realestate 2016-11-04 10:20 -04:00 2016-11-04 07:20 -07:00 http://money.cnn.com/2016/11/01/news/economy/hillary-clinton-cleveland-ohio/index.html?section=money_realestate http://rss.cnn.com/~r/rss/money_realestate/~3/sLkF_efUX3M/index.html To win Ohio, Clinton courts Millennials in America's hottest cityThe fate of the U.S. presidential election is somewhat in the hands of Cleveland voters, especially the young. CNNMoney talks to the young voters Hillary Clinton's campaign is trying to win over.<img src="http://feeds.feedburner.com/~r/rss/money_realestate/~4/sLkF_efUX3M" height="1" width="1" alt=""/> Tue, 01 Nov 2016 16:14:18 -0400 http://money.cnn.com/2016/11/01/news/economy/hillary-clinton-cleveland-ohio/index.html?section=money_realestate 2016-11-01 16:14 -04:00 2016-11-01 13:14 -07:00 http://money.cnn.com/2016/10/25/real_estate/new-homeowners/index.html?section=money_realestate http://rss.cnn.com/~r/rss/money_realestate/~3/66X7rWmW75w/index.html 4 money tips for new homeownersRead full story for latest details.<img src="http://feeds.feedburner.com/~r/rss/money_realestate/~4/66X7rWmW75w" height="1" width="1" alt=""/> Tue, 25 Oct 2016 12:11:56 -0400 http://money.cnn.com/2016/10/25/real_estate/new-homeowners/index.html?section=money_realestate 2016-10-25 12:11 -04:00 2016-10-25 09:11 -07:00 http://money.cnn.com/2016/10/21/news/economy/immigrants-distressed-cities/index.html?section=money_realestate http://rss.cnn.com/~r/rss/money_realestate/~3/-3gW2jCJn5g/index.html How immigrants can revive America's blighted neighborhoodsA new report says that economic development officials seeking to revive underpopulated urban neighborhoods may be overlooking a promising population to help renovate distressed housing: immigrants.<img src="http://feeds.feedburner.com/~r/rss/money_realestate/~4/-3gW2jCJn5g" height="1" width="1" alt=""/> Fri, 21 Oct 2016 07:12:06 -0400 http://money.cnn.com/2016/10/21/news/economy/immigrants-distressed-cities/index.html?section=money_realestate 2016-10-21 07:12 -04:00 2016-10-21 04:12 -07:00 http://money.cnn.com/calculator/real_estate/mortgage-payment/?section=money_realestate http://rss.cnn.com/~r/rss/money_realestate/~3/tmQBiEFyXNk/ What will your monthly mortgage payment be?In the market for a new home? Or planning to refinance? Find out what your monthly payment will be.<img src="http://feeds.feedburner.com/~r/rss/money_realestate/~4/tmQBiEFyXNk" height="1" width="1" alt=""/> Mon, 02 Feb 2015 10:53:13 -0500 http://money.cnn.com/calculator/real_estate/mortgage-payment/?section=money_realestate 2015-02-02 10:53 -05:00 2015-02-02 08:53 -07:00 http://money.cnn.com/calculator/pf/home-rate-of-return/?section=money_realestate http://rss.cnn.com/~r/rss/money_realestate/~3/wK06F6O88wk/ Was my home a good investment?Calculate the return on your home and how it compares to returns on stocks, bonds and overall home prices.<img src="http://feeds.feedburner.com/~r/rss/money_realestate/~4/wK06F6O88wk" height="1" width="1" alt=""/> Tue, 05 Nov 2013 11:10:09 -0500 http://money.cnn.com/calculator/pf/home-rate-of-return/?section=money_realestate 2013-11-05 11:10 -05:00 2013-11-05 09:10 -07:00