by Kathy Kohler | Jun 11, 2018 | Financial
Assessed Value vs Market Value: Understanding the Difference It can be very confusing distinguishing what is meant by the terms “assessed value,” and “market value” when either buying or selling a home. The assessed value is often much less than the market value so...
by Kathy Kohler | Jan 25, 2018 | Financial
How Much Are Typical Closing Costs? What Home Buyers and Sellers Can Expect How much are typical closing costs for a buyer? These are the fees paid to third parties that help facilitate the sale of a home, and they vary widely by location. How much are typical...
by Kathy Kohler | Nov 29, 2017 | Buyer Tips, Financial
It’s extremely important to go into the home buying process with a realistic expectation of your budget. You don’t want to fall in love with a house, only to realize that you can’t actually afford it when it comes time to pay the down payment....
by Kathy Kohler | Jul 11, 2017 | Financial, Selling Tips
In today’s market, with home prices rising and a lack of inventory, some homeowners may consider trying to sell their homes on their own, known in the industry as a For Sale by Owner (FSBO). There are several reasons why this might not be a good idea for the vast...
by Kathy Kohler | Nov 1, 2016 | Financial
The results of the latest Rent vs. Buy Report from Trulia shows that homeownership remains cheaper than renting with a traditional 30-year fixed rate mortgage in the 100 largest metro areas in the United States. The updated numbers actually show that the range...
by Kathy Kohler | Mar 6, 2016 | Financial
CONSTRUCTION LOANS VS MORTGAGESWhen you purchase an existing home, the financing process is complete when the loan closes. With a construction loan, the closing is only the beginning. A construction loan is a short-term loan to fund the construction of your new home....