No Money? Here’s How to Buy a Foreclosed Home
Quick Facts Out of those who manage to secure a zero-down deal on a foreclosed property, roughly 25% finance renovations using low-interest loans or grants available through various housing initiatives Approximately 1 in every 10 foreclosed homes is sold with a down payment of less than 5%. (Source: RealtyTrac) To buy a foreclosed home with […]
Can You Really Sell Your House for $1
Quick Facts: Yes you can, and the most common reason for selling a house for $1 is to transfer the property to a family member. In some states, a homeowner may be able to sell a house for $1 to avoid paying transfer taxes. It can be used as a way to transfer a property […]
Why to Fire your Real Estate agent and how to write the letter
Making the decision to terminate your real estate agent contract can be a difficult one, but sometimes it is necessary for the success of your property transaction. Before we get started, always consult an attorney before you attempt to terminate a contract with a realtor. Reasons to Terminate a Relationship with Agent Poor communication or […]
How to Evaluate Offerpad’s Pros and Cons
12 Mistakes to Avoid When Buying your First Home
Buying a home is one of the most significant financial decisions you will ever make. It can be overwhelming, especially if you are a first-time homebuyer. There are so many things to consider [from getting pre-approved for loans to choosing the right neighborhood] including finding the perfect house. However, it’s important to avoid common mistakes […]
Is the Phoenix Housing Market Going to Crash in 2024
Phoenix is no stranger to economic fluctuations and volatility. Investors flocked to Phoenix during the Great Recession, snapping up houses at attractive profit margins. It was one of the best cities in the country to pick up homes at great prices. In the 1st quarter of 2019 the median sales price of a home in Maricopa County […]
How to Clean a Hoarder House Easily and Quickly
Quick Facts Hoarder houses are characterized by rooms filled with an overwhelming amount of clutter, which often includes a wide array of random items that may hold little to no value. Imagine a home cluttered with things, where navigating through the pathways in the home is the journey through mountains of clothes, papers and the […]
Will the Dallas Housing Market Crash in 2025 or 2026
Quick answer No, it doesn’t look like Dallas is in a bubble nor will the market crash anytime soon. The inventory in Dallas like the rest of Texas is very low, just 2.8 months. Although affordability is an issue with rising interest rates, you need a lot of homes on the market for a crash. […]
Will the Bay Area Housing Market Drop in 2025 or 2026
Are Bay Area home prices going to drop As San Franciscans know all too well, places in the Bay Area are no stranger to housing market volatility. Home prices here are prone to volatility. There are a number of counties in the Bay Area and prices will vary based upon city and neighborhood. But San […]
Will the San Diego County housing market crash in 2025 or 2026
Quick answer No, a crash doesn’t look like its coming any time soon. Home transactions have been dropping for the last 6 months. The median sales price is up 9.7% to $949,000. The average DOM is 31 days for detached homes and 31 days for attached. Inventory sits at 3.3 months. We put a […]