Over the years I have watched a lot of real estate agents just take their clients offer at any price and then try to manipulate both the buyer and the seller. Does that Realtor have an obligation to present an offer that their client makes regardless of how unreasonable it is? Sure. But does the […]
Freddie Mac chief economist, Frank Nothaft, says that affordability, stability and flexibility are the three reasons homebuyers overwhelmingly choose a 30 year term. However, for those who can afford a higher payment, there are three additional reasons to choose a 15 year term: save interest, build equity and retire the debt sooner. First-time buyers have a […]
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7 Steps to Take Before You Buy a Home By doing your homework before you buy, you’ll feel more content about your new home. Read Visit houselogic.com for more articles like this. Copyright 2014 NATIONAL ASSOCIATION OF REALTORS®
It is generally considered a seller’s market when the conditions favor the seller. This condition exists when demand is high and supply is low without any significant adverse economic conditions taking place. Demand is determined by ready, willing and able buyers. Low interest rates with indications that they will begin to rise fuels part of […]
Planning a summer trip is usually focused on what you’ll do, see and experience. Enjoy it even more by spending a little time before you leave to make sure your home is safe while you’re gone. Consider these suggestions along with your other normal efforts: Tell your neighbors you’ll be out of town and to […]
We have been watching the Fredericksburg real estate market recover in increments since the bottom occurred in 2006. The market is actually recovering quite well as we have watched prices climb and buyers dip their toes into the market place as they consider buying a home. But, whenever we have rising prices, that creates its […]
There is a significant difference in how the money you spend on your home is treated for income tax purposes. Repairs to maintain your home’s condition are not deductible unlike rental property owners who can deduct repairs as an operating expense. On the other hand, capital improvements to a home in the Fredericksburg real estate […]
Buyer interest is at it’s strongest point since 2009 according to Freddie Mac.
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