Homeowners and Homebuilders Seek Eco-Friendly Materials

(ARA) – With the country going green, many homeowners are looking for eco-friendly materials when building or remodeling their home. And as more homeowners struggle with high utility bills and become more concerned about the environment, many are building and updating their homes to be more eco-friendly.   The latest housing trend shows that many new homebuilders are constructing “green” homes. In fact, the National Association of Home Builders reports that eco-friendly construction will climb from 2 percent of all residential housing starts in 2005 to between 5 and 10 percent in 2010.   For those consumers in older or

» Read more

Model Home Tricks Help Maximize Your Home’s Value

(ARA) – Perfectly manicured, emerald green lawns flanked by floral beds. Acres of granite counter top and gleaming stainless steel appliances. And everywhere you look are surfaces clean enough to eat off — that’s the appeal of the model home. There’s a reason why model homes look the way they do. Builders know that everything they do to make a house look visually appealing amounts to actual dollars, and often thousands of dollars, added to the sale price. The same principal applies to your home. Whether you’re planning on selling, or just sprucing up your house to make it more

» Read more

Avoid Predatory Lending

According to Policy Matters, a non-profit research institute, one in every 71 households in Ohio filed for foreclosure in 2005 — quite an astounding statistic. Predatory lending is especially prevalent among first-time homebuyers and consumers unfamiliar with home financing. How can you avoid the pitfalls of predatory lending as a prospective homebuyer? According to the National Association of Realtors® (NAR), homebuyers need to ask the right questions when shopping for the least expensive loan. Questions such as: *What is my credit score? Can I have a copy of my credit report? *What is the best interest rate today? Do I

» Read more

Understanding Agency Relationships

There are a handful of laws today governing agency relationships designed to help you relax and feel comfortable with your home-buying or -selling transaction. Keep in mind these laws differ from state to state, and agency policies differ among real estate companies. Read on to learn about the basic types of agency relationships. Buyer or Seller Agency: When you choose to be represented by a real estate brokerage in the purchase or sale of a home, the buyer or seller’s agent and the brokerage must act on behalf of and promote your best interests, be loyal and obey your lawful

» Read more

Expedite the Sale of Your Home

There’s a buyer for every home. Sometimes this is hard to believe if the buyer for your home remains elusive. What can you do to expedite the sale of your home? The first step is to enlist the help of a professional Realtor® who knows your area well and has a great marketing plan. With his or her assistance, your home will have the greatest possibility of finding the buyer for your home. A Realtor® will use various advertising and marketing techniques to reach the greatest number of prospects in the least amount of time. The second step is to

» Read more

A look at home warranties

A home warranty is a contract that guarantees that certain systems in the home are in good working order. If they fail, the warranty company will repair or replace them. Home warranties can provide added security and peace of mind for all parties involved. Before buying a home warranty be sure that you review the list of all components that are insured. Most programs cover major systems such as heating and cooling, plumbing, electrical as well as built-in appliances and water heaters. Most contracts do not include the roof, foundation or structural components. Be sure to find out the cost

» Read more

Rent vs. Buy

Q: How do I choose between renting or buying? A: Owning a home offers tax benefits, as well as the freedom to make decisions about where you live. Homeowners, unlike renters, can secure a fixed-rate loan and lock in their monthly payments, so they can make investment plans knowing their expenses won’t change substantially. Renters are at the whim of their landlord, who can raise the rent each year without a renter’s input. Homeowners, on the other hand, are in control of their property and decide whether they allow pets, decorating, or permanent improvements.

» Read more

How to buy a new home before you sell the one you have now

It’s a good time to trade up to a home that suits your circumstances better than the one you have now. Before interest rates go up any more, you will be able to afford a larger mortgage, and your present home will be affordable to a larger group of people. If you want to buy before selling, you have to decide how to do it before your home equity is available to you. That could be tricky. Here are some ways to do it: * Some home builders offer plans that allow up to 100 percent of the purchase price

» Read more
1 20 21 22