Blog

17
May
By Jim Hasek
Home Seller Tips, ,

Selling Your Home FHA? Learn These Tips To Ensure A Smooth Closing

Before an owner can market a property to buyers that want to use a FHA loan, he will want to familiarize himself with the FHA's standards. FHA won't insure loans on just any property. While their standards aren't as stringent as they used to be, a home needs to be in relatively good condition to qualify for FHA financing. Location and Lot To qualify for FHA financing, the property has to be located on a road or easement that lets the owner freely enter and exit. The access also has to be paved with a surface that will work all…
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16
May
By Jim Hasek
Real Estate, ,

Tips For Home Buying In The Digital Age

The digital age has changed the way buyers browse for and purchase goods and services, including real estate. While home buyers still can check out property listings via a print newspaper or by driving through desired neighborhoods in hopes of finding a "for sale" sign, digital sources offer more options and can make the home buying process easier.  The National Association of REALTORS® (NAR) states in their 2017 Report: Real Estate in a Digital Age, that 44-percent of home buyers look online when beginning their search. Social Media As Sources For Home Buyers According to the Pew Research Center, 68-percent…
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15
May
By Jim Hasek
Home Buyer Tips, ,

5 Important Questions to Ask When Buying New Construction

Buying a new home is exciting. Buying a brand new home can be even more so with the realization of being the first owner and possibly being able to choose your own layout and finishes. The prospect of owning new construction is definitely exciting, but it doesn't come without its own set of questions. If you're in the market for a new home, and considering new construction, make note of the questions below when you begin your property search. What Are The Long Term Plans For The Community? Unless you're looking at custom homes on acreage, it's likely new construction…
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14
May
By Jim Hasek
Financial Reports, ,

What’s Ahead For Mortgage Rates This Week – May 14th, 2018

Last week's economic reports included readings on consumer prices, consumer sentiment and weekly readings on mortgage rates and new jobless claims. Consumer Price Index Increases in April Consumer prices rose by 0.20 percent in April according to the Commerce Department. Analysts expected prices to rise by 0.30 percent based on a negative reading of -0.10 percent in March. Core consumer prices, which exclude volatile food and energy sectors, eased to 0.10 percent growth in April after growing by 0.20 percent in March. Analysts said that Fed policymakers' concerns over inflation growth could wane with the easing of core consumer prices.…
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11
May
By Jim Hasek
Home Buyer Tips, ,

New Home Buyer? Don’t Make These 3 Common Mistakes!

Looking for your new home can feel like a daunting task, especially if it's your first time going through the home buying process.  Sometimes, all of the choices may feel overwhelming. You want to make the best decision for yourself and your family.  Here's a quick list of three common pitfalls that some home buyers experience: Choosing to Skip the Inspection A home inspection is a necessity. This is your opportunity for a professional to uncover any potential problems in a property that you cannot see. Or even something that you might not have known to check. Your new home…
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10
May
By Jim Hasek
Real Estate, ,

How To Turn A Profit Flipping Land Into Residential Property

Reality TV shows have inspired people to flip houses for profit. They make it look fun, easy and the type of business anyone with some capital can get into. Every once in a while, house-flipping episodes show an underperforming sale and a financial loss. That is why people in the flipping business need a cushion in case things don’t pan out. This brings us to a slightly different approach. Some speculators start out flipping land. Yes, that’s right. Land. Flipping Land Can Be Less Risky Than Homes Rough land can be far less expensive to invest in than blighted homes.…
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