Online estimates like Zillow, realtor.com, Redfin, & Homes.com are convenient, but typically lack accuracy and may have a significant margin of error. They are constructed using a computer-generated algorithm that utilizes historical public sales data and trends called an Automated Value Model, AVM. National AVMs...
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Real Estate Blog
Benefits of Checking your Credit Regularly
You are encouraged by the Federal Trade Commission to be sure the information on your credit reports is accurate, complete, and up to date at least once a year. It is an important part of your financial life that can determine whether you get credit,...
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An annual home equity update benefits homeowners
Homeowners should verify their home’s equity at least once a year because the two factors that affect it change regularly. Market value changes and the unpaid balance of the home decreases with each monthly payment made on an amortizing loan. Amortization and appreciation cause the...
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Is a friend your best choice for your agent?
In the realm of real estate transactions, the decision to engage a friend who also happens to be an agent may seem like a tenuous situation and may cause some hesitation. Concerns about how professional relationships may impact their personal connection occasionally weighs on a...
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Key Considerations When Downsizing Your Home
While the process of downsizing may initially focus on finding a smaller property, it’s essential for homeowners to also think ahead and plan for the future by including considerations such as aging in place, healthcare needs, and financial security, and offer guidance on creating a...
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