Housing Report-April Update

March existing-home sales were down compared to 2019. These metrics were influenced primarily by COVID-19 pandemic responses such as social distancing and executive orders to stay-at-home. With that said, the decrease of this statistic was not entirely a collapse in the market. Heading into the pandemic the first part of 2020 presented a strong andContinue reading “Housing Report-April Update”

Learning the Lingo-Closing Agent

Learning the Lingo continues to come from the homeschooling desk/dining room table. The word for the week is “closing agent.” The closing agent or settlement agent is the person or entity that coordinates all closing activities for a property transaction. These activities include signing the mortgage documents, disbursing of funds, and transferring ownerships. The closingContinue reading “Learning the Lingo-Closing Agent”

NAR’s Weekly Update-April 13-17, 2020

Each week the National Association of Realtors publishes highlights from the market and the industry. Here are my takeaways: The real estate industry is adjusting to the COVID-19 pandemic. Over half of the buyers and sellers are slowing down their activity, but there is still business occuring. Real estate activity will not stop. 25% ofContinue reading “NAR’s Weekly Update-April 13-17, 2020”

Learning the Lingo-Addendum

This week’s Learning the Lingo is not in the car on the way to school. School is now in the dining room. The word we pulled for today is a very common piece of every real estate transaction: addendum. An addendum is a document attached to original Purchase and Sale Agreement between two parties inContinue reading “Learning the Lingo-Addendum”

RVA, Restaurants, and Real Estate-Updates

Normally on Thursdays, we air this weeks episode of RRR. Unfortunately we had some technical difficulties this week and that episode is not going to air. INSTEAD, we are calling our fans to action and your awesome agent here is adjusting the show to make it all get to close. We are growing rapidly withContinue reading “RVA, Restaurants, and Real Estate-Updates”

Preparing to Sell

Selling your home does not just mean hiring a realtor to stick a sign out front. There are a lot of preparations you should make to ensure you get the best offer possible in the shortest time. Repair. Just because you’ve gotten used to the cracks in the walls and the rattles in the radiatorsContinue reading “Preparing to Sell”

Dealing with Financing

As the events of the last few years in the real estate industry show, people forget about the tremendous financial responsibility of purchasing a home at their peril. Here are a few tips for dealing with the dollar signs so that you can take down that “for sale” sign on your new home. Get pre-approved.Continue reading “Dealing with Financing”

5 Tips for Buying a Home

Looking to buy a home? Here are five essential tips for making the process as smooth as possible. Get your finances in order. Start by getting a full picture of your credit. Obtain copies of your credit report. Make sure the facts are correct, and fix any problems you find. Next, find a suitable lenderContinue reading “5 Tips for Buying a Home”