7 Most Desired Home Features for 2024
Sheridan Solomon and Associates
by Lisa Jennings
4M ago
Real estate trends and popular home features change over time, just as the housing market ebbs and flows. Typically, homes that are “up to date” will have the most current trends and meet the desires of a large pool of buyers. Making upgrades can not only help your home sell faster but also increase its value. Not all buyers will have the same taste, but there are some features that appeal to a wide range of home buyers. So, what features should you be looking out for in 2024? In this post, we will discuss the top seven home features that will be popular among home buyers in 2024. 7 Most Desi ..read more
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4 Ways Remote Work Changes Your Needs in a Home
Sheridan Solomon and Associates
by Lisa Jennings
2y ago
The ongoing worldwide pandemic has brought about a lot of changes to our daily lives, including the way we work. Many companies have allowed their employees to begin working from home several days per week, or maybe even full-time. Those of us who were spending most of our time in an office or cubicle may have recently become more familiar with the walls inside our own homes. In some cases, remote work may have made you more productive, but if you have limited space and resources in your home, you may be struggling to adapt. Maybe working in the same place that you live is throwing off your wo ..read more
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4 Ways Remote Work Changes Your Needs in a Home
Sheridan Solomon and Associates
by Lisa Jennings
2y ago
The ongoing worldwide pandemic has brought about a lot of changes to our daily lives, including the way we work. Many companies have allowed their employees to begin working from home several days per week, or maybe even full-time. Those of us who were spending most of our time in an office or cubicle may have recently become more familiar with the walls inside our own homes. In some cases, remote work may have made you more productive, but if you have limited space and resources in your home, you may be struggling to adapt. Maybe working in the same place that you live is throwing off your wo ..read more
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Hot Topics in the 2021 Housing Market
Sheridan Solomon and Associates
by Lisa Jennings
2y ago
The year 2020 will go down in history as one of the most challenging. With all the chaos in the world, it was hard to predict how profoundly it would affect the housing market. In the spring of 2021, the market made a swift turn upwards. While this is the hottest sales time of the year, no one expected the housing market to rebound so impressively. The sales during this time made up for the horrible losses during the start of the pandemic. Understanding The Seller’s Market You’ve probably heard that it’s a “seller’s market” for home buying in 2021. Things alternate between a seller’s and buyer ..read more
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What are the Pros and Cons of Buying Existing Homes vs. Building a New Home?
Sheridan Solomon and Associates
by Lisa Jennings
2y ago
Are you ready to buy into the American dream and own a home? Many people want to be homeowners, but they don’t know if they should buy an existing home or build a new one. Both options have pros and cons, and your situation, finances, and time restraints dictate the best choice. Buying An Existing Home If you’re looking into buying a home already built, you need to understand the advantages and disadvantages. One of the apparent benefits is that the house is already standing, so there are no long waiting times. The average home closes within 60 days from the date you sign the purchase agreemen ..read more
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What You Need to Know About Getting a Mortgage
Sheridan Solomon and Associates
by Lisa Jennings
2y ago
Overview Getting a mortgage in Georgia is a serious process. There is a list of items to complete, and one is looking for an excellent bank to help you finance your new or existing home. Getting a new home is both exciting and challenging, yet it is also rewarding. The key is in knowing what you are getting yourself into during the process. The definition of a mortgage is best worded as a contract or an agreement between you, the home buyer, and the bank or lending institution. It is best defined as a secured loan that requires the borrower to put up something as collateral with enough value t ..read more
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What is Earnest money?
Sheridan Solomon and Associates
by Lisa Jennings
2y ago
If you’re starting the process of buying a home, you probably hear a lot of phrases and terms that you might not understand. Each of these terms becomes commonplace to the realtor, mortgage broker, and those who work in this profession, but you may need a bit of understanding. Buying a home is a dream for many, but you need to have funds to cover things like closing costs, taxes, insurance, appraisals, inspections, escrow, and of course, you may need earnest funds. What is earnest money, when necessary, and how much earnest money is enough to buy the home you desire? Understanding Good Faith D ..read more
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What are the Cons of For Sale by Owner (FSBO)?
Sheridan Solomon and Associates
by Lisa Jennings
2y ago
If you’re considering selling your home, then you’ve probably considered doing an FSBO deal. What is FSBO? This acronym means “For Sale by Owner,” which is where you handle the sale of your home, and you don’t enlist the help of a real estate agent. Why do people choose to sell FSBO? Well, real estate professionals charge anywhere from 3-6 percent of the sales price for their efforts in selling your home. If the budget is tight or a homeowner doesn’t want to pay for such services, they will list the home without such help. As the marketing trends change, there are websites devoted to those who ..read more
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Tips for Buying a Condominium
Sheridan Solomon and Associates
by Lisa Jennings
2y ago
A condo can be an ideal housing situation for someone who wants to build equity but would be happy with an apartment. Your condo budget will be different than what you’d pay for a house; for example, your HOA dues will need to be high enough to cover your exterior insurance, green fees, and any shared resources, like a pool or a clubhouse. What to Know Before Buying a Condominium Make sure that you know what your HOA dues will be before you invest in your condo. The condo alone may look like a great deal, but if the HOA dues are high, your housing costs can be markedly higher than just your mo ..read more
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Real Estate Investing
Sheridan Solomon and Associates
by Lisa Jennings
2y ago
Some Tips on Buying an Investment Property What is an investment property? It’s a property that you own, in part or in full, to generate an income. You can either get your money out in monthly rent payments or a total payout should you be able to do a fix and flip. While a flip provides a bigger payout, it does take more cash upfront to produce a payout. A rental pays off more slowly until you can either pay off the mortgage or lower the payments to the point that your cash flow is substantial. Build Repair Skills, Hire When You Must If you’re interested in a fix and flip, you can make more mo ..read more
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