Seller financing is an excellent option for some property buyers and sellers. However, no matter the type of financing the seller offers, they are taking on a sizable amount of risk. Underwriting and supplementing a mortgage means dealing with the consequences if the buyer defaults on the loan. This is one reason many sellers hesitate to offer financing....

Land contracts can be an excellent alternative to a traditional mortgage, both for the buyer and seller. The seller assumes the role of the lender and gets regular payments from the buyer while still holding the property title. There are many advantages both for buyer and seller; but from the seller's perspective, land contracts also come with some...

Kitchens are among the bigger factors that can affect a home’s value. If you’re going to put your home up for sale soon or if you’re just looking for smart changes to make to your kitchen money-wise, consider remodeling projects that boost your home’s value. Which kinds of kitchen upgrades end up paying off the most in the...

Image by Steve Buissinne from Pixabay All home sellers understand that there are some costs to selling a home, but not everyone realizes what they're expected to pay for (and how much the total will be). We'll look at the most common expenses and how they might affect your budget. Real Estate Agent Fees This is probably the...

Image by Mudassar Iqbal from Pixabay Construction of affordable starter homes is failing to keep pace with the number of first-time house hunters. At the same time, more homeowners are resisting the siren song of selling to these potential buyers in order to move up or downsize. It's a trend called "rising tenure length." Owners are staying put....

Photo by Mohamed Hassan via Pixabay You’ve decided to sell your home to upgrade or even downsize, but you don’t know whether you should start looking and buy first or wait to sell first. The best-case scenario is to do both, but that takes a lot of planning. If you are sure your credit is good enough to...

When you first start creating the list of things you need to finish to get your home ready for sale, it can seem daunting. Too much work can throw you for a loop, and you might be tempted to sell your home "as-is" instead. However, just adding a bit of curb appeal can significantly increase the value of...