If you keep up with real estate news, you’ve surely heard about the Home Valuation Code of Conduct (HVCC). If you don’t keep up with that stuff, you’re in the right place! Here is a brief summary on what this is, what it means to you, and how things are...
Tag: Buyers
Are You Ready to Buy a Home? When Do You Start Your Search?
The home buying process can be a daunting task if you’ve never done it before — and sometimes even if you have! A common concern that we hear from first-timers is whether or not they are ready to buy, and how they know when to start looking once they are...
Home Prices Fall Slowly. But Why?
I just read an incredible article entitled “Why Home Prices May Keep Falling” published by the New York Times. It describes, in pretty good detail, why home prices fall, and fall slowly. The most interesting part of the article is when the author describes the points of view held by...
Rent-to-Own: Is It a Good Choice?
Renting-to-own is an option that many have been considering lately, especially with the economy the way it is. So, what are the pros and cons of this option? Is it a good choice for you? These deals, also called rent-to-own and lease-option, usually require buyers to pay extra rents each...
New and Improved Tax Credit for Buying a Home
In 2008, Congress passed a law that offered a tax credit of $7,500 to anyone who purchases a home for the first time, up until June 30, 2009. Tax credits are better than deductions. Generally speaking, if you are entitled to a tax credit, you get the full amount, even...
Is Now the Time to Buy a Home?
Maybe. It is certainly a buyer’s market, which means that home buyers have the advantage in negotiations, as well as a broad range of choices. However, since it is a difficult market for sellers, our team’s counsel to inquiring would-be buyers is that they need to be reasonably confident that...