Nobel Prize recipient, Richard Thaler, in his research into seemingly irrational economic behaviors, "found that consumers generally search too little, get confused while evaluating complex alternatives, and are slow to switch from past choices, even if it costs them." "Why are consumers leaving money on the table?" Based on this behavior, a borrower securing a […]

A person’s decision to sell their home comes with a lot of other decisions causing an owner to stress or procrastinate. Early in the process, the owner will consider selling the home "As Is" to avoid the looming issues that accompany selling a home. From a seller’s standpoint, "as is" means the buyer will purchase […]

Key Takeaway: Closing costs are a part of every real estate sale There are many variables that determine the price of closing costs Ask your local real estate expert for specifics about closing costs When you’re buying or selling a home, it’s important to understand what closing costs entail. Closing costs are expenses and fees […]

Doing nothing may be a lot more costly than doing something. With rates twice what they were in 2021 and the first half of 2022, many buyers are sitting on the sideline. For some, it has to do with not being able to afford the home they want at today’s mortgage rates and for others, […]

There are fees and expenses associated with mortgages that must be paid by the closing date for closing costs, and pre-paid items, in addition to the down payment. These amounts can vary according to the type of loan, mortgage company, customary practices of the area, and the terms of the contact. According to Freddie Mac, […]

Key Takeaways: There’s no wrong answer when it comes to the order of buying and selling Keep in mind the pros and cons of each option before making a decision Contact us when you know how you’re handling the purchase or sale of your home Whether you buy your new home before selling your old […]