In today’s challenging real estate market, obtaining mortgage pre-approval is a fundamental step for homebuyers, offering a clear picture of their purchasing power. By first choosing a knowledgeable agent to work with, buyers can benefit from expert guidance in selecting the right lender and mortgage officer, ensuring they secure the...
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About: Maggi Pritchard
Recent Posts by Maggi Pritchard
The Key Elements of Single-Family Rental Investments
Maggi Pritchard
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Single-family rentals (SFRs) are established as a compelling investment opportunity in the real estate market, offering a unique blend of stability and growth potential. These standalone residential properties, rented out to tenants, provide investors with a tangible asset that generates steady income while potentially appreciating in value over time. As...
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Avoid additional costs with your buyer’s agent
Maggi Pritchard
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The real estate landscape is shifting, with new practices like mandatory buyer’s agreements becoming the norm. While these agreements aim to provide clarity and protection, they can also create unexpected complications. Imagine signing a buyer’s agreement with an agent, then stumbling upon your dream home during a casual open house...
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Maximizing a Homeowner’s Chance to Sell
Maggi Pritchard
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Recent policy changes made by the National Association of Realtors (NAR) have shifted the dynamics of buyer’s agent compensation, prompting sellers to reconsider their strategies. Many buyers, especially first-time homebuyers, have limited savings and may struggle to cover additional costs beyond the down payment, closing costs, and other expenses associated...
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VA Allows Buyer-paid Broker Fees
Maggi Pritchard
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The U.S. Department of Veterans Affairs, known as VA, issued a policy change that now allows payment to buyer brokers on VA loans. They will be subject to certain safeguards, such as the requirement that all buyer-broker fees charged to veterans "must be reasonable and customary within local markets." The...
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