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9 Benefits of Owning A Vacation Home
1. Personal Retreat A vacation home provides you with a personal retreat where you can escape from the hustle and bustle of daily life. It serves as a private oasis where you can relax and rejuvenate whenever you need a break. 2. Convenience and Flexibility Having your own vacation home gives you the freedom to…
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Steps to Make A Competitive Offer
1. Hire a Real Estate Agent An experienced real estate agent can help you navigate the selling process, from setting the right price to marketing your condo and negotiating with potential buyers. (c) cyberera.com.ng 2. Determine the Market Value. Work with your real estate agent to determine the fair market value of your condo. This…
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Don’t break the 10 Commandments of Lending
I think it’s time to remind you about the 10 Commandments of Lending. As soon as you break one of these, you officially sabotaged your home purchase transaction. You will have to start completely over and could possibly have to wait another year before you can buy a home. Remember the struggles from buying the…
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12 Questions to ask When Interviewing a REALTOR®
1. What professional designations have you earned? Chances are you have seen those acronyms listed after many real estate agents’ signatures. Aren’t you curious to know what they mean? Some home sellers aren’t concerned about their significance, but they should be. Those are certifications for all of the extra education the real estate agent has…
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The Benefits of Homeownership: Building Equity and Wealth
Homeownership is the American dream. Aside from providing a roof over your head, owning a home can mean building wealth. Creating Equity One of the biggest benefits of home ownership is the opportunity to build equity. The difference between the market value of the property and the outstanding mortgage balance is referred to as equity.…
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The Final Walkthrough
In the state of Virginia, the walkthrough is your last opportunity to see the home before you move in and before you close. You want to use this time to make sure everything is to your liking, but you also should be reasonable. This is not the time to make new requests. In residential real…
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Where Do Richmonders Go for Labor Day Weekend
The last weekend of Summer around here turns Richmond into a Ghost Town! Very few people stick around because the heat and humidity are overwhelming or Richmonders crave one more getaway for the last long weekend of the season. We live in close proximity to great vacation spots. I’m going to give you a glimpse…
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Tips to Understanding Contracts
Real estate contracts can be daunting, but understanding the terms and conditions is very important to protect yourself. Here are some tips to help you. Read Carefully Take your time to read and understand each contract provision. Pay close attention to purchase price, contingencies, deadlines, and both parties’ responsibilities. Keep records of everything. For future…
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How to Give Your Home Curb Appeal
Here are some tips to help you create an attractive exterior and make a good first impression. Keep It Clean and Tidy Regular cleaning goes a long way when preserving the beauty of your exterior. Remove debris, pull weeds and trim overgrown landscaping. Pressure wash the walkways and driveway to remove dirt and grime. A…
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What Is the Point of the Home Inspection?
For the past few years it’s been highly unlikely for a purchaser to add a home inspection contingency to their offer. Everything has been waived from the appraisal to the home inspection and don’t even think about needing to sell your home to buy. Thankfully things are cooling… SLIGHTLY, so you can add one of…
