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Creative Ways to Buy a Home

Both buyers and sellers are always so focused on the bottom line, the big number, the listing price and the offer price. But it’s not always about the price. However, it is always good to be open to being creative, taking the sole focus off the price and considering the seller’s entire sale situation before... Read more »

Hurricane Season is Here. Know your Homeowners Insurance Policy!

If you live in Florida and especially South Florida, then you probably already know what started on June 1. That’s right, folks: hurricane season is here. The Colorado State University team expects 10 named storms, four of which will become hurricanes. That’s fewer than the long-term average of 12 named storms and six hurricanes per... Read more »

Jumbo loans: Loans for the Future?

Underwriting guidelines remain strict on the conforming loans guaranteed by Fannie Mae and Freddie Mac, but lenders are becoming more accommodating on nonconforming, or jumbo, loans, the New York Times says. Jumbo loans are mortgages of $417,000 or higher in most areas; the nonconforming threshold is $625,500 in pricier markets like New York. In short,... Read more »

Offer Deadline: The New Trend in Real Estate?

If you want to get people motivated, set a due date because in real estate, deadlines bring results—and high returns. So far this year, the Wall Street Journal says 58% of home listings with published offer deadlines sold above list price, according to an analysis of 37 major metropolitan markets in the U.S. by real-estate... Read more »

Alternative Renovations are a Thing

Instead of building a home from scratch or tearing down an existing property, more people are finding “urban diamonds in the rough” and converting large abandoned spaces—like warehouses and parking garages—into living spaces the Wall Street Journal says. Enter Mr. McKinney and Mr. Strahan Mr. McKinney, who handles operations for a financial software company, and... Read more »
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