As you’re buying/selling a home, you may hear the advice to build equity. But what does this mean? First, let’s go over the term equity. Equity is the difference between your property’s fair market value (FMV) and your outstanding balance on your mortgage. Home equity appreciates when you make ... » Learn More about How To Build Equity
real estate tips
A Quick Lesson on Price vs. Value
Do you know the difference between the price versus the value of a home? The VALUE of a home is relatively more subjective since it’s determined by the house’s style, location, finishes, updates, condition, design, among other similar categories. I offer free home valuations to give you a ... » Learn More about A Quick Lesson on Price vs. Value
Is it the Right Neighborhood for You?
Note: In Maryland, Realtors providing opinions on the performance of school districts and the quality of neighborhoods can cross into fair housing violations. For most people, the neighborhood is one of the most important factors to consider before buying a home — so how do you know if it’s the ... » Learn More about Is it the Right Neighborhood for You?
Competing in a Multiple Offers Market
If you’re thinking of buying a home today, you already know that the number of homes available for sale is low. But what does that really mean for you? As a buyer, low housing supply, coupled with high buyer demand, means you should be prepared to navigate a highly competitive market where homes ... » Learn More about Competing in a Multiple Offers Market
Seller’s Guide to Buyer Contingencies
Every news article talks about the fact that it’s a “seller’s market.” This means that if you are selling your home, you’ve probably gotten a few offers from which to choose. While sales price is important, so are the contingencies attached to the offer. Understanding what these contingencies mean ... » Learn More about Seller’s Guide to Buyer Contingencies
