February 2007 - Tips & Tools - RealEstate.com's Town Square

Determine Your Home's Value

You need to know what your home is worth to set the listing price. Setting a listing price is one of the most important parts of the home selling process. Knowing your home’s value helps you determine its price. What determines home value Many factors...

Published Tue, Feb 6 2007 11:05 AM by RE.com Tips & Tools

Filed under: price range, home value

Home Renovations That Pay

So you've decided to brave the dust and dirt and inconvenience — not to mention the expense — of a renovation project If it’s because you’ve always wanted a basement family room or extra bath and it will enhance your quality...

Published Thu, Feb 15 2007 3:47 PM by RE.com Tips & Tools

Filed under: renovation

Is That Home Price Fair Market Value?

With today's higher home prices, it can sometimes be hard to tell if the home you have your eye on is overpriced. In certain markets, determining whether a home is overpriced, or priced at fair market value, can be a daunting task. The following resources...

Published Tue, Feb 6 2007 4:22 PM by RE.com Tips & Tools

Filed under: appraisal, appraisers, real estate agent, home evaluation

How Do I Price My Home?

About to put your home on the market? Here are the factors you should consider when determining how much to list it for. The ten main factors that influence the value of your home are: 1. Interest rates : The lower the interest rates, the more buyers...

Published Tue, Feb 6 2007 11:03 AM by RE.com Tips & Tools

Filed under: location, home, amenities, price, interest rates, economic conditions

Home Value Estimations

A home value estimation relies on different information than a comparative market analysis from your REALTOR®. Home value estimations (HVE) are automated reports using complex algorithms and public records to estimate your home’s market value...

Published Wed, Feb 28 2007 1:07 PM by RE.com Tips & Tools

Filed under: CMA, comparative market analysis, home value estimate, HVA, home value

Qualifying for a Home Loan

When considering your mortgage, lenders look at a variety of factors, including your ability and willingness to repay the loan. Your ability to repay is verified by your current employment and total income. Your willingness to repay is closely related...

Published Thu, Feb 15 2007 2:41 PM by RE.com Tips & Tools

Filed under: down payment, mortgage, home loan

What Is a New Home Punch List?

A new home punch list shows the builder what the homebuyer expects completed prior to closing. Part of the final phase of building a new home is to go over your “punch list.” A punch list is a list created at the end of construction that shows...

Published Thu, Feb 15 2007 1:53 PM by RE.com Tips & Tools

Filed under: new home, punch list

The Steps to Closing on Your Home

What you need to know about closing on a home At closing, you take possession -- and responsibility -- of your new home. However, there are many steps along the way. Here’s what to expect: Purchase Offer After you’ve looked around and found...

Published Thu, Feb 15 2007 3:13 PM by RE.com Tips & Tools

Filed under: home inspection, contract, HUD, closing costs, good faith deposit, contingencies, purchase offer

New Home Builder Incentives

Not all new home builders' incentives are created equal. Here's how to tell what's worth it and what's not. Everyone likes to feel they’re getting something for free. If you’re in the market for a newly built home, you’ve...

Published Thu, Feb 15 2007 1:54 PM by RE.com Tips & Tools

Filed under: new home, incentives, upgrades, free upgrades

New Home Construction

There are special considerations to keep in mind when buying new home construction. Buying new home construction is a little different than buying a resale home. Here are three important factors to keep in mind: 1. Find a reputable builder There are many...

Published Thu, Feb 15 2007 2:04 PM by RE.com Tips & Tools

Filed under: new home, new construction

Top 10 Tips for Building a Home

Planning to build the home of your dreams? Here's expert advice for every step of the process. Building your own home can be exciting, but it can also be challenging. The following ten tips can help make sure it goes smoothly: 1. Get pre-qualified...

Published Thu, Feb 15 2007 1:57 PM by RE.com Tips & Tools

Filed under: location, prequalified, mortgage, building

Buying a townhouse or semi-attached house

Townhouses and semi-attached houses can be a great value. But you'll have to live at close quarters with the neighbors. If you’re thinking of buying a semi-detached or attached home, it’s important to understand the difference. A semi...

Published Thu, Feb 15 2007 1:13 PM by RE.com Tips & Tools

Filed under: investment, maintenance, semi-attached, townhome

Square footage isn't always square

Buyers often compare the square footage of homes on the market, but how that square footage is measured can be dramatically different. Everybody knows a square foot is a two-dimensional area that's 12 inches long on each of its four sides. But not...

Published Mon, Feb 12 2007 11:20 AM by RE.com Tips & Tools

Filed under: square footage

Features That Add Value To a Home

When buying a home, you should consider whether it has features that may boost its future resale value. Understanding what features add the most value to a home can help in your home buying decision. Curb appeal Home value begins on the outside. What...

Published Sat, Feb 17 2007 1:25 PM by RE.com Tips & Tools

Filed under: curb appeal, kitchen

Look for a Home With a Good Resale Value

Think about how easy it will be to sell a home, before you buy it Buying into a good neighborhood is the best way to ensure that a home is likely to retain its value. But besides location, there are the other factors that make a home more likely to be...

Published Thu, Feb 15 2007 5:41 PM by RE.com Tips & Tools

Filed under: curb appeal, garage, neighborhood

February 2007 - Tips & Tools

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