Many homebuyers know how important it is to interview multiple Realtors before hiring the best one; however, fewer people know that you should talk with multiple lenders. Just because you get pre-approved with one lender doesn’t mean you have to go with them to secure your mortgage. You can talk to multiple mortgage providers to make sure you get the best rates.  When you talk to a potential lender, come prepared with multiple questions. Knowing what you want to ask ahead of time can help you make informed decisions so you get the best possible loan. Here’s a good place to start with your ..read more

If the owner of a property recently passed away, then the house is likely in probate. This is the court system that reviews wills and allocates assets. As a buyer, you are unable to make an offer on the house during this time because the asset needs to be distributed amongst the beneficiaries. This can be frustrating for both potential buyers and the family members of the recently deceased. They might want to move on from the property as part of the grieving process.  Learn more about buying a house in probate and what the process entails. This can make you more informed as you wait to bu ..read more

FHA loans are one of the most common types of home loans, especially for first-time homebuyers.  An FHA loan is a mortgage insured by the Federal Housing Administration (FHA). FHA loans are designed to help lower-income and first-time homebuyers by allowing them to purchase with lower down payments and less stringent credit requirements. These loans make buying real estate more accessible for more buyers, but how many FHA loans can you have at a time? Can You Have Two or More FHA Loans at Once? FHA loans are government-insured loans popular among first-time homebuyers due to the ..read more

There are many reasons why someone would want to learn who owns a specific property. As a buyer, you might want to discover why someone is selling the home. This could help you make a competitive offer based on what you discover. Investors also look up property records if they want to make offers on distressed or abandoned houses. It might not be possible to reach out directly to the owner if they do not currently occupy the property. Some people use property records when they want to reach out to landlords. This public information can help neighbors report disrespectful tenants who are affect ..read more

Craft a winning real estate offer in Massachusetts by making the highest bid, utilizing an escalation clause, waiving contingencies and... The post How to Write a Winning Real Estate Offer in Massachusetts appeared first on FastExpert ..read more

Owning real estate comes with the tax burden of property taxes. In cases where property owners encounter financial difficulties, these taxes may go unpaid, leading to what are known as delinquent taxes. Delinquent taxes on a property occur when the owed property taxes have not been paid by the deadline. Sometimes, the best option for these owners is to sell the property. But that leaves sellers wondering how to buy a property with delinquent taxes. Properties with delinquent taxes represent attractive purchase options for investors and homebuyers. They are often undervalued because they come w ..read more

Divorce brings a whirlwind of emotions, but for many, their priority is figuring out how they can keep their house. A house shared during marriage is both a financial asset and a space that has become a home. Maintaining ownership can represent stability and continuity. Laws vary significantly across states, with distinctions between community property and equitable distribution states dictating the division of assets. This article outlines the general legal frameworks involved, offering insights into how the marital home is treated during divorce proceedings and what factors influence its own ..read more

Buying a house from a family member or buying for a family member is a unique real estate transaction. If you’re buying a house from a family, there’s more on the line than just money. This type of transaction is not just about negotiating prices and signing contracts; it consists of navigating the complexities of family relationships, emotions, and financial considerations. When you buy a house from a family member, the stakes are higher because it’s not just a monetary investment but also an emotional one. Similarly, purchasing a home for a family member involves careful planning and underst ..read more

Are you considering adding a mother-in-law suite to your home and wondering how much value it will add to your property? When it comes to how much a mother-in-law suite is worth, you must consider how the space is permitted, how much square space you’re adding to the property, what comparable properties are valued, and the demand for homes with these spaces. Furthermore, if you’re considering the addition for personal use, think about the value it will add to your family and lifestyle. This article breaks down how much value an in-law suite adds and what property owners need to consider before ..read more

If you want to increase the value of your home by improving the backyard, consider installing a patio or porch. These structures create entertainment space for your family and any guests who stop by. You can use your porch year-round, starting with grill-outs in the summer and hot cocoa-fueled get-togethers in the winter.   Not only can a deck increase the happiness you get from your home, but it can also increase your resale value and make it more appealing to buyers. Learn more about decks, patios, and porches to see how they impact your home values and decide whether one of these ..read more