Two Things You Should Consider Before Buying A Famous Home

There are a number of homes on the market that either belonged to famous people or are iconic in their own right. For instance, a home formally owned by Prince went on sale in Toronto, Canada, for $12.8 million. It can be tempting to purchase one of these houses just for the bragging rights, but you may want to consider these two issues before you make an offer on a famous home to ensure you know what you’re getting into before you sign the sale contract. You May Constantly Have Unwanted Visitors One problem you may experience after purchasing a Read More →

Want to Buy a Condo with a Conventional Mortgage? Questions to Ask the HOA

If you are interested in buying a condo with a conventional mortgage, it’s important that you ask several important questions to the homeowner’s association of the developments that have condos for sale. The reason is because sometimes mortgages for condos are unable to be insured due to issues with the HOA, which means that conventional mortgage lenders won’t be able to give you a loan. Here are a few vital questions to ask the HOA.  Can you get a copy of their budget?  Seeing the budget is a great way to understand how the HOA handles the money from the Read More →

Understanding What Factors Influence Your Home’s Sale Price

If you’re listing your home for sale for the first time, you may be wondering what goes into that pricing report that your real estate agent gives you. The sale price your agent recommends isn’t an arbitrary number. In fact, it’s based on a complex series of factors that all contribute to your home’s value. Here’s a look at what you should know about the things that affect the pricing of your property. The Location – Your home’s location is about far more than just the town or neighborhood that it’s in. Your agent is also going to consider its Read More →