Posts from September 2021

Montague Miller Blog

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buying a home | 117 Posts
mortgage | 5 Posts
real estate news | 51 Posts
selling a home | 51 Posts
Uncategorized | 11 Posts
September
30

Homeownership is still a crucial part of the American dream. For those people who own a home (and those looking to buy one), it's clear that being a homeowner has considerable benefits both emotionally and financially. In addition to long-term stability, buying a home is one of the best ways to increase your net worth. This boost to your wealth comes in the form of equity.

Equity is the difference between what you owe on the home and its market value based on factors like price appreciation.

The best thing about equity is that it often grows without you even realizing it, especially in a seller's market like we're in now. In today's real estate market...

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September
30

HGTV and home renovation shows may be entertaining, but they're not always accurate. In particular, most of them skip over the important ways real estate agents can help homeowners.

In the real world, agents play a huge role in home purchases, sales and even flips.

Are you planning to make a real estate move this year? Here are just a few of the ways an agent can help make the experience a success.

Experience and Local Knowledge

Agents know how to draw up your contracts, handle the paperwork and save you valuable time (which is vital in today's busy market). We also have on-the-ground knowledge of the local market, which can help you better evaluate properties, make offers and negotiate pricing.

Negotiation Skills and Key Partners

Experienced agents also know how to negotiate successfully and c...

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September
30

In today's busy market, many homebuyers have found themselves weighing options they would normally pass by. One of the more common compromises is to consider a home that needs some work.

On the plus side, fixer-uppers often come with lower prices, less competition, and a lower-pressure sale on the whole. Still, they're not without challenges.

Are you considering a fixer-upper? Here are five things to think about first.

1. You may need an alternative mortgage program. If you want to finance the home purchase and the renovations and repairs the property needs, you might consider loans like the FHA 203(k) loan or the Fannie Mae HomeStyle loan. Your loan officer can help you choose the best option for your purchase.

2. There may be appraisal and inspection issues. If the home is in disrepai...

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September
28

Are you looking to buy a home? If so, we've got good news for you.

While there's no denying the housing market is having a great year, many of the headlines are focused on the perks for sellers. But what about buyers today? As a buyer, you're likely braving bidding wars and weighing low mortgage versus price appreciation as you search for your dream home. If you find yourself a bit discouraged, hear this: there are clear signs buyers may have more opportunities this fall.

According to realtor.com, the sweet spot for buyers is just around the corner. In a recent study, experts analyzed housing market trends by looking at data from the...

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September
15

Does your dishwasher have to be replaced often? Does it have an odor when you first open the door?

It doesn't have to be that way. Find out how to Maintain Your Dishwasher for Best Performance and Longevity in this video by HouseSmarts!

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