With TV shows like HGTV’s “Love It or List It,” it’s easy to see that weighing the decision to ‘make do’ with your current home or sell it and upgrade to one that immediately serves your present needs is a growing trend amongst homeowners -- especially as interest rates continue to steadily climb. Concurrently selling and buying a home is a huge undertaking -- one that can require a considerable investment of time, money, and emotional labor. Additionally,

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If you’ve been following the news lately, you know that interest rates are rising and they have been for some time. This increase in interest rates will undoubtedly have an effect on the real estate market. So what does this mean to buyers preparing for the housing search? Your Monthly Payments Will Be Higher The biggest difference you’ll see as a buyer is that your monthly payment - that is, your mortgage payment plus insurance - is going

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Whether you’re in the process of purchasing or selling a home, it’s a good bet that you’ve heard about closing costs. But what does it mean? Put simply, the term refers to any fees required in order to close on the sale of a home. Typically, these costs range between 2% and 7% of the purchase price. So $10k-$35K on a home that sold for $500,000. That’s a lot of money. You might be

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If you’re like most sellers, you’re keeping a close eye on your bottom line. While market conditions will factor heavily into the final sale price for your home, the choices you make during the selling process will also have an impact on that number. Yep, that’s right. Sellers can actually negatively affect the perceived value and so what are these common selling mistakes that could be hurting your bottom line? Let’s find out. Pricing Too High

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Homebuying experience: Novice Buyer outlook: Cautiously optimistic Home: solar-powered hilltop Victorian aka green living #goals with views Location: Los Angeles Biggest obstacle: the sheer magnitude of the process Why put off until tomorrow what you can do today? Well, if you’re anything like Clarence, if the thing you’re putting off is buying a house – especially in a highly competitive market like Los Angeles – just the thought of how much work (not to mention cash) necessary to undertake this

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While is it quite common for a homeowner to enlist the help of a real estate agent when they’re ready to sell, you might be surprised to know that it’s not required. In fact, in the age of DIY, many homeowners are opting to list their homes as FSBO (or For Sale By Owner). If you’re the take charge type and have the time to do so, listing your home FSBO might be a great alternative to

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Homebuying experience: Not their 1st rodeo Buyer lifestyle: retired and loving it Home: 1 floor, 2 beds, 3 baths, 180 (panoramic) views of the ocean Location: Santa Barbara Biggest obstacle: steep competition When you think of retirement, it’s not uncommon to associate this life transition with endings. For Barry and his wife Rosemarie, however, this couldn’t be farther from the truth. The end of their work grind marked the beginning a new one: looking for a new home.

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As the saying goes, “knowledge is power”. When it comes to real estate, this is true whether you’re a novice embarking on your first homebuying experience or a seasoned homeowner looking to sell your current home for newer digs. Given the complex nature of real estate, it’s fairly common for those on both ends of the spectrum to find the learning curve for this industry a bit daunting. A common question for both buyers and sellers alike is

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A home is an investment so it’s only natural to want to get as much of a return on that investment as you possibly can. If you’ve been thinking about putting your home on the market, you’ll be happy to know that there are many things you can do to increase its value. Curious to know what they are and how you can use them to your advantage during the selling process? We thought so. Keep on

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The bottom line Redfin’s business model focuses on selling homes through a reduced agent commission fee, while also servicing buyers. Open Listings exclusively focuses on buyers. The average commission refund with Open Listings is $9,604 compared to $2,000 with Redfin.* * Avg. refund last updated 8/21/2018. Redfin average from redfin.com. Refunds vary by sale price, market and are subject to a minimum commission. Refund Terms and Conditions. Who are Redfin and Open Listings? Open Listings

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Got your offer accepted? That’s just the beginning. If you have your finger on the pulse of pop culture news, you’re probably familiar with the recent saga involving Lance Bass, HGTV and the Brady Bunch house. Regardless if you’re #TeamBass or #TeamHGTV, this mini-drama highlights a very frustrating yet all-too-important lesson about the real estate market: Even if your offer gets accepted, the deal can still fall through. The reality is, the window of time between submitting

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If you’re thinking of making the jump from renting buying your first house, you’re probably well aware that some things are going to change once you’re ready to take the next step. However, you may not exactly be sure what those changes may be, or what the differences between the two will mean for you on a daily basis. Like any big life milestone, there are pluses and minuses to making this switch. So, we’ve compiled

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When it comes to homebuying, people will often say, “I’ll just wait until the market cools off,” or “there’s definitely a bubble – prices will go down soon.” But, statements like these beg the question: is it really possible to anticipate real estate market trends? Fortunately, the answer is...kind of. With a little planning and foresight, it is possible to keep an eye on the movement of the market and to use it to your advantage. Read on

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In competitive markets, many buyers have found themselves questioning whether or not they really need their own buyer’s agent. They might go to an open house, fall in love with a home, and meet the listing agent who says they’ll be able to get them the place. Seems like a shoo-in, right? While the decision is obviously up to you, having your own buying agent can help you tackle the hard parts of homebuying and keep your needs

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Buying a home is a huge decision. You shouldn’t go into it without first making sure that the place you’re considering is actually the right one for you. Luckily for you, we put together a list of questions before you decide to put in an offer to see whether or not that particular property is a good fit. Questions about functionality When looking at homes, the first area you’ll need to evaluate is how well the home

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