Are you thinking about putting your home on the market? Before people put their homes on the market, they are generally always looking for ways to increase the value of their homes so that they can find ways to get the maximum amount of money for the property. Are you not sure how to increase…
Ask any of your friends and family members, and they will offer never-ending advice on how to buy your first house. You are probably familiar with the basics, such as saving for the down payment, applying for a loan, making an offer, negotiations, closing, etc. However, no one will tell you about the secret tips…
Seller demands can get crazy, causing you and your Orlando realtor to be left scratching your heads and wondering what happened. With low supply and buyer demand surging day by day, sellers have the upper hand. Sadly, buyers need to bow down to their demands or risk losing a great property. Seller demands usually extend…
Sometimes, dealing with a seller can be overwhelming and tiresome. It feels like their demands never end. Their attitude is understandable since what they are selling has a great amount of emotional value to them. Still, this does not mean they can jerk around buyers. So, we do sound a little bit harsh, but the…
The two dreaded words ― down payment is a nightmare for every person planning to buy a house. Previously, we have talked extensively about how to save for a down payment. Today, we are here to answer the question: How much? You have probably heard many realtors recommend saving 20% for the down payment. While…
Have you ever heard the term predatory lending? It’s a common but unfair practice that diminishes the ability of the borrower to repay their debt. Unfortunately, putting the borrower in the position serves the lender’s interest. Here’s an example to help you understand this: A buyer is not eligible for a loan. After talking to…
How long has your house been on the market? If it’s been more than two months, there are several reasons why you haven’t received any offers. It could be that you have priced the house too high, or your online listing does not have quality pictures that showcase the house’s features. Or it’s that you…
Ask anyone, and they will tell you that the best way to attract buyers is through staging. It’s the ultimate step in the house selling process that allows you to impress buyers and create a good first impression. Staging is stripping down your house to its basic form, giving it a few tasteful touches, and…
So, you are looking at Orlando real estate listings? Have you saved enough for the down payment before you set your heart on the house? Typically, it’s 20% of the house’s price. However, if you opt for a loan provided by the government, it’s around 3.5%. The latter option has pretty stringent requirements, so most…
A home appraisal is vital to securing a loan. It tells the mortgage lender how big of a loan you require to buy the house. For example, a seller sets the asking price of their home at $450,000. You make an offer of $435,000. When you apply for the loan, you mention the amount in…