Home equity is a term that many homeowners are familiar with, but few fully understand. Essentially, home equity is the portion of your home that you own outright, or the difference between the value of your home and the amount you owe on your mortgage. Knowing this information can be a valuable asset that can… [Read More]
Benefits Of A Real Estate Agent
Did you know that there are benefits of a Real estate agent beyond just looking pretty and opening doors to beautiful homes? I know reality TV and the internet may make you feel as if showing properties and hosting lavish open houses are the norm. However, the life of a true real estate professional is… [Read More]
A Comprehensive Look at a Real Estate CMA
As a real estate professional, one of the most common questions I receive from homeowners is “What’s my home worth?” This is where a Comparative Market Analysis (CMA) comes in. In this article, we will take a comprehensive look at what a CMA is, how it is performed, and why it is important for homeowners… [Read More]
What is an appraisal gap?
When purchasing a home and using financing through a mortgage loan, the lender of that loan will require an appraisal. This is typically performed following the seller accepting the buyers contract. The lender orders and schedules the Appraisal and the cost is typically paid for by the Buyer in their closing costs. The appraisal ensures… [Read More]