How to Get Started in Real Estate Investing

Beginning in Real Estate Investing

While growing wealth and investing can encompass many platforms and strategies, real estate has proven to be one of the most successful and dependable. Moreover, effective real estate investing can be a stabilizer and even a catalyst for increasing your net worth and is not as susceptible to market shifts and global uncertainty. Adding real…

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What to Expect at Closing

What to expect at the closing of a real estate transaction

Closing on a new house can be one of the most exciting days of your life. But before you get the keys, you’ll need to sign several documents at the closing table. So, here’s what to expect on your big day. What Are Closing Costs? Closing costs are the fees and expenses buyers and sellers…

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How Much House Can I Afford?

How to determine how much house you can afford before beginning a home search

Most of us, at some point, dream of buying and owning a home. In addition, the initial investment can grow into a significant profit because of property value appreciation. For both first-time and experienced homebuyers, the question becomes: “How much home can I afford?” Calculating the Limit Working with a professional Realtor and lender at…

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How Do Interest Rates Affect the Housing Market?

Interest rates and the housing market

Most prospective home buyers work with a mortgage lender to finance a home purchase. In fact, according to a U.S. Census statistic in 2020, 64.8% of current homeowners used a mortgage loan to buy their homes. As interest rates fluctuate, borrowers generally lock in fixed rates to ensure that their monthly mortgage payments remain steady…

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What Does a Realtor Do for the Homebuyer?

Realtor working with new homebuyer

Prospective homebuyers who begin their search without enlisting the knowledge and experience of a professional Realtor to represent them will miss out on a range of resources that can help them make an informed decision. Realtors add insight into the current market conditions and a real-time understanding of each neighborhood’s current conditions and characteristics. A…

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What Does a Realtor Do for the Home Seller?

Realtors sell homes

Just about anyone who has ever sold a home with the help of a knowledgeable Realtor appreciates the role they played in counseling, guiding, advising, and managing the process. Roles of a Professional Realtor When Selling a Home Once a home seller connects with a knowledgeable Realtor to market and sell a home, they have…

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What is a Mortgage?

Home mortgage basics

Unless homebuyers pay cash for the total price of a home, they are likely to borrow at least some of the money needed to make the purchase. Lenders offer a broad array of secured loans, known as mortgages, to help buyers realize their dream. A mortgage is a loan used to purchase real estate, a…

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Pros and Cons of Paying Off a Mortgage Early

Discover the pros and cons of paying off a mortgage early.

Soon after signing mortgage loan documents that lock in a 15- or 30-year debt, homeowners dream about paying off the debt early to get rid of the monthly burden. But, even if you could pay the mortgage off early, is it a good idea? When Considering Paying Off a Mortgage Early Paying off a mortgage…

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How Do Interest Rates Affect the Housing Market?

Interest rates and the housing market

Most prospective home buyers work with a mortgage lender to finance a home purchase. In fact, according to a U.S. Census statistic in 2020, 64.8% of current homeowners used a mortgage loan to buy their homes. The mortgage interest rate plays a vital role in most home purchases, often the most significant single investment individuals…

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How Long Does It Take to Buy a House?

Buying a House can take time

The time it takes to buy a home can be a long process. According to a December 2021 Bankrate.com article, the average time to close on a home with a conventional mortgage is about 51 days. Having all documentation organized in advance and quickly responding to all lender questions will minimize the time between an…

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