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Many Wilmington, NC, home buyers have found it beneficial to use a real estate agent to represent them in the home buying process. It is their responsibility to help you find a home that suits your needs, provide you with facts that will help determine your decisions, and protect your interests the best they can during negotiation and closing. In …
When shopping for a home loan, buyers will encounter numerous sources for lending. It’s important they are educated on the different types of lenders, so they choose to work with an originator that will provide them with the most choices and best programs. It’s also good to understand how these lenders work. Many lenders will sell loans. Who you start …
You’ve prepared your home. You’ve chosen your Realtor. You’ve priced your home competitively. But you aren’t getting any offers. Many homeowners don’t want to hear this, but the lack of offers may be due to a lack of flexibility on their part. When a homeowner decides to sell, they work very hard to make their home show-worthy, but they don’t …
It isn’t uncommon for Wilmington homeowners to take on home improvement projects alone in order to save money. Sometime before or after the purchase of their home, they decide that a major feature needs to be changed – the master bath enlarged, the garage converted to a family room, the kitchen updated, a deck built in the back yard… If …
Are you planning to make some updates to your home? If you are planning to sell your home in the near future, making a few updates can go a long way toward increasing the value of your home. At the same time, there are some updates that will cost more than what you will get in return. To that end, …
Staging your home should be a fun, cheap experience that can significantly affect the quantity of leverage you have when negotiating the sale of your home. But first you need to understand where to start. Haphazardly staging your home without a plan or guide to what you are doing will result in missed opportunities and a staged home that lacks …
A HUD home is owned by the United States Department of Housing and Urban Development (HUD). HUD acquires these properties when a borrower with an FHA mortgage is no longer able to maintain payments on their loan. FHA mortgages are guaranteed by the Federal Housing Administration. The Federal Housing Administration (FHA) provides mortgage insurance on loans made by FHA-approved lenders …
Accessory Dwelling Units (ADUs) are another name for mother-in-law suites, guest cottages, carriage houses, and garage or basement apartments. They allow for assisted living or elderly care, or an income source for property owners. If done right, ADUs can be financially beneficial for property owners and cover part of the home’s mortgage. To make sure that installing an ADU is …
