What does TLC really mean when used in Real Estate

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If you’ve ever spent some time on sites like Realtor.com or Zillow.com you’ve probably come across a house listing or two that states, the property needs some “TLC”. We aren’t talking about the all women rap group or a TV station, but Tender, Loving, Care. In other words, the property needs some repairs. How much work is needed? Well, there’s no definitive answer, but it could be a lot. Most homes that state they need TLC, or a little elbow grease typically need more than just a coat of paint or new carpeting.

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Common home buying and selling myths unveiled

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When it comes to buying or selling a home, there can be a lot of misconceptions about the real estate process. Friends and family may have advice that’s not accurate or no longer valid – whether solicited or not – if you are buying or selling a home, you’ll most likely hear some of the myths below:

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Finding the right tenant to lease your Commercial Property

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There’s really only one reason to buy commercial property – and that’s to make money. So, finding the right business to rent space from you is critical to your investment and your future. Before you hang that For Lease sign there are a few things to consider making sure you get the most bang for your buck! Continue reading “Finding the right tenant to lease your Commercial Property”

Mortgage Pre-Qualification vs. Pre-Approval – Know the difference!

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Although they sound interchangeable, a pre-qualification and a pre-approval for a loan are two very, very different processes.  Not understanding the difference can often lead to missed opportunities when you are buying a home. Continue reading “Mortgage Pre-Qualification vs. Pre-Approval – Know the difference!”

How to Choose a REALTOR When Selling Your Home

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Most people only sell their home a few times in their life, so choosing the right agent is a serious concern. Naturally, you want a talented agent so you get the best home that doesn’t have any hidden issues all at a price within your budget.  An agent who fails to negotiate properly on your behalf can be costly and affect the potential income recognized from the sale of your home.   Continue reading “How to Choose a REALTOR When Selling Your Home”

Sell or Renovate…or Both?

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If you’ve owned a home for a few years, you’ve probably had this thought: “Should I spend the money on my dream kitchen, or just buy a new house?” Continue reading “Sell or Renovate…or Both?”

DIY Real Estate: Should You Sell Your House Yourself?

In an age when traditional markets everywhere are being disrupted by internet innovations, it’s tempting for home sellers to try to go it alone, use the web and forgo the services of a real estate agent. A slew of online sites offering advice, assistance and exposure make it now seem even more appealing.  This new realm of Do-It-Yourself realty, known by the shorthand FSBO (i.e., For Sale By Owner, pronounced “fizzbo”) has become increasingly popular and has delivered real value to millions of home sellers.  There is even a website dedicated to serving DIY home sellers called, not surprisingly, For Sale By Owner. But as with many other exciting new things on the web, the results don’t always live up to the buzz.  FSBO home sales are not without their downsides.  The real question is, as ever, “Is it right for me?” Continue reading “DIY Real Estate: Should You Sell Your House Yourself?”