You qualify as a first-time home buyer if you haven't owned or co-owned a home within the past three years. First-time buyers still have to meet mortgage lender qualification requirements. The lender may be more flexible, but it will still look at your credit score, debt-to-income ratio, and available down payment. You can qualify [...]
I recently earned a designation through the National Association of Realtors to be a Short Sales & Foreclosures Resource (SFR) agent. So what is a short sale and how does it differ from a foreclosure? [Note: the following is not to be construed as legal advice] Short Sale A short sale is when a [...]
Because housing inventory is so low, there are a lot of buyers who have lost out on their next home even with strong offers. Even cash offers, over-asking, short closing dates, and an inspection for educational purposes are being rejected. So what can a real estate agent do? According to Cara Ameer of Inman, [...]
Land Use I listed two adjoining properties in Dane County (Wisconsin) in an unincorporated town named Mt. Vernon, in the Township of Springdale. The zoning is classified as HAM-R, residential hamlet. The land use is under the auspices of Dane County Planning and Land Development. The required lot size is 20,000 sq ft and [...]
Are you pre-approved for a mortgage? Due to COVID-19, most sellers want a minimum number of people in their homes after being listed. One of the ways to adhere to that request is for a prospective buyer to have a buyer's agent and be pre-approved for a mortgage. This usually ensures a prospective buyer [...]
You are probably aware that a home stager is vital if selling a vacant house as it gives a prospective buyer the size and scale of each room. It is also vital to use a home stager if you are still living in the house so that the home's features are best enhanced. But, [...]
[Note, I am not an attorney, nor am giving any legal advice here.] We have been in a Sellers' Market for a few years now. What makes it a Sellers' Market? There are more buyers than inventory. One reason is because sellers are reluctant to put their property on the market during a pandemic. [...]
A History of Fair Housing These last few weeks of unrest in our country brings to light, "How did we get here?" and "What can we do?" Take a look at the video below to answer the first question, and then perhaps you'll want to personally reflect on what you can do. Thank you. [...]
Mavic Air 2 The Mavic Air 2 drone is a small aircraft weighing only 1.25 lbs (570 g). The drone plus the controller and accessories fit into a small carrying case, which is included. There are three batteries, each lasts for about 34 minutes. The resolution is 4K Ultra HD and the motion flow [...]
Virtual Staging Staging and selling houses in 2020 involves more technology than ever before. For example, some realtors use virtual staging to showcase what a vacant property might look like with furniture. Agents like this option because more than 90% of people use the internet to view properties. Also, virtual staging is less expensive. The [...]
