Posts by Tamera Shearon
Why the Median Home Price Is Meaningless in Today’s Market
The National Association of Realtors (NAR) will release its latest Existing Home Sales (EHS) report later this week. This monthly report provides information on the sales volume and price trend for previously owned homes. In the upcoming release, it’ll likely say home prices are down. This may feel a bit confusing, especially if you’ve been following along and seeing the blogs…
Read MoreKnowing Your Credit Score
and Why it is important to YOU! Your credit score can range from poor to excellent. In the US, credit scores range from 300 to 850, with the following rankings: 740 – 850: Excellent, 720 – 739: Very Good, 670 – 719: Good, 580 – 669: Fair, 300 – 579: Poor When your credit score falls in…
Read MoreMoving can be hard on everyone involved. Adults, kids, and yes…even your pets!
While your pet may not understand exactly what is going on, they can sense the stress (good or bad) that the whole family is experiencing. Add to that the fact that animals are creatures of habit and do not like changes to their usual routine, and you can understand why they become so confused. They also become quite anxious when all of…
Read MoreINTRODUCING Your Pet to their New Home.
Before releasing your pet into his new backyard, take a quick safety check.Is the fence in good shape – no spaces for your pet to wiggle through, or under? Can your pet reach the neighbor’s pet through the fence, and if so, is he/she friendly? Are there any sharp objects that could pose a hazard to your pet? What about plants…
Read MoreWhat are Closing Costs and How Much Will You Pay?
If you’re a first-time homebuyer, it’s easy to get caught up in the excitement of making plans for your new space. Even as you dream about color schemes, furniture placement, and the ideal layout of your new home, you’re probably also keeping a close eye on interest rates and your future mortgage payment. However, there are other transaction…
Read MoreHow do closing costs affect a home purchase?
This is an excellent question, one that more homebuyers need to ask. Before closing on the property, you have likely paid several fees already. As part of your contract, you paid earnest money to secure the property. This payment showed the seller that you were a good-faith buyer who planned to move forward with the home purchase.…
Read More6 Expert tips for lowering closing costs
As mentioned above, closing costs are paid based on the terms of the purchase contract between the buyer and seller. As a buyer, you can negotiate prices and fees with any party involved in the purchase process to reduce closing fees. Here are six expert tips on reducing closing costs: 1) Generally, the buyer, or borrower,…
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