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Should You Sell (or Not Sell) in 2021?
In 2020, buyer demand increased thanks to record low mortgage rates. Homebuyers are eager to purchase, but the low inventory of available homes on the market led to increased demand and higher home prices – making it a seller’s market. For homeowners, it’s a great time to sell your home and receive a maximum return on your investment. But the question remains: will 2021 follow the same trend?
Re-Financing Your Home: What You Need to Ask
Refinancing is the latest buzz word throughout the mortgage and real estate world. But what is refinancing, exactly? In its simplest terms, refinancing is replacing an existing mortgage with a new one. The process is similar to when you applied for your original mortgage: researching options, gathering the correct documentation, and submitting an application.
How to Increase the Resale Value of Your Home
If you’re ready to put your house on the market, it’s important to pause and consider what home improvements could help to increase the resale value of your home. The quickest way to increase value is by creating a strategic plan with intentional, well thought out upgrades. Home improvement projects will cost you roughly $0.20-$0.25 on the dollar. The remaining $0.75-$0.80 that you spend goes back into your home as increased resale value. Experts say that once your curb appeal looks good, you should focus on kitchen and bathroom upgrades. Here are some basic, low-cost must-dos for increasing the resale value of your home.