7 Unexpected (but Worthwhile) Headaches of Becoming a Homeowner

There’s a reason they call homeownership the American dream. We save and save just for the hope of one day having a place to really, truly call our own—a space to decorate how we want, to grow our family, and to create memories. But for all its upsides, homeownership comes with its fair share of headaches. […]

5 Tips Real Estate Investors Need to Know to Find Good Deals

With real estate prices reaching ever-higher highs in large swaths of the country, the availability of deeply discounted properties is drying up. And that means it’s getting tougher for real estate investors and home flippers to find great deals worthy of their time and cash. “There are fewer foreclosures to buy, but there’s more interest in buying foreclosures,” […]

How to Make a Backup Offer on a Sale-Pending Home

If you think a home marked “sale pending” is off-limits, think again. Yes, this label means that the buyer and seller have negotiated an accepted purchase contract, but things happen—and sales can fall through. For that reason, there’s no harm in making a backup offer. “If a buyer is in love with a particular home […]

How Much Are Mortgage Fees? The Costs That Come With Your Loan

When shopping for a home, it seems like there’s something to pay for at every step of the way. To get your mortgage approved—thereby allowing you to actually buy your house—you’ll have to pay mortgage fees. The most common mortgage fees also fall under the umbrella of closing costs, those expenses you pay when you close […]

What Are Property Disclosure Statements? Info Buyers Need to Know

No matter how great a home looks at first glance, a host of problems could be hiding right under that fresh coat of paint—which is why buyers will want to scrutinize certain paperwork they’ll receive called property disclosure statements. Property disclosure statements essentially outline any flaws that the home sellers (and their real estate agents) are aware of […]

How to Flip a House: 7 Signs You’ll Rake in Huge Profits

It seems like just about everyone these days fantasizes about how to flip a house. The reality? Doing it successfully largely hinges on picking the right place at the right time—which is why veteran flippers keep a mental checklist to help steer them toward homes that are primed to gush cash. Curious about those signs that indicate all systems […]

5 Reasons Why Buying an Old House Is a Great Idea

We understand the appeal of moving into a newly constructed home. After all, it’s hard not to be enticed by brand-new appliances, floors, and heating, cooling, and electrical systems. Plus, buying an old place that needs work can be intimidating, especially for those of us whose only brush with restoring a house has come from watching reruns […]

7 Signs a Homeowner Is Desperate to Sell

Every house hunter hopes to move into a new home with as few hitches as possible. And that largely depends on how eager (or, let’s be frank, desperate) a homeowner is to sell. And while it’s gauche to ask outright why someone is selling—Divorce? Job transfer? Downsizing?—there are ways to sniff out the answer. Here are some subtle signs […]

What Is an Energy Audit? Learn How Energy-Efficient Your Home Is

You’ve heard it before: Turning off the lights, closing the windows, and not taking 40-minute showers are all little ways to save energy in your home. But what if there was a way to determine which energy-saving solutions will pay off based on the configuration of your house? Say hello to the energy audit, a home assessment that can […]

Builders Finally Ramp Up on New Homes, but Can Buyers Afford Them?

A fresh infusion of new homes hit the market as the spring home buying season kicked off in March, adding a touch of relief to a housing market that’s been short on, well, homes. Still, the most cash-strapped buyers—typically first-timers—aren’t likely to be able to take advantage of the new additions. About 621,000 newly constructed […]