The Seven Types of Mortgages


There are many different types of mortgages available on the market today. Some are better for first-time homebuyers, while others are more suited for those who are looking to upgrade or downsize their homes. 

This blog post will discuss the seven most common types of mortgages. So, whether you are a first-time buyer or looking to switch up your current mortgage, read on for information about the best options out there.

Fixed-Rate Mortgages

A fixed-rate mortgage is exactly what it sounds like: a mortgage with a fixed interest rate for the life of the loan. Your monthly payments will always be the same, making it easier to budget for your mortgage payments each month. 

The main benefit of a fixed-rate mortgage…

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Is It Worth It to Buy a Fixer-Upper?

 

Purchasing a new home might seem impossible if you're on a tight budget. A fixer-upper may let you get the house of your dreams at a price that you can afford, but a fixer-upper is also going to have advantages and drawbacks. It would help if you familiarize yourself with these before moving forward.

How Is a Fixer-Upper Defined?

A fixer-upper is a home that has a lower market value because it needs serious maintenance work. You can often live in the fixer-upper while you do the repairs. However, it will take serious money and a lot of sweat equity to make the home a comfortable place to live. Fixer-uppers are great for people looking for a bigger house they can afford or who want to purchase a home,…

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Things to Ask Your Real Estate Agent


Real estate agents possess a wealth of knowledge when it comes to buying or selling a home. They have experience in the area and can provide helpful insights and recommendations. However, it is important to know what questions to ask your estate agent to get the most out of the relationship. Here are a few things to ask your estate agent.

What Is the Process of Buying or Selling a Home?

The process of buying or selling a home can be complicated. There are many steps involved, and it is important to have a clear understanding of what is required. Ask your estate agent to explain the process and what you can expect at each stage.

They ensure that you understand the value of your home and provide guidance on…

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Things to Know Before Buying a Home in Greenville, SC

 

The surge of population growth and surrounding areas is rapidly changing the local real estate market. Homebuyers can now see a wide variety of new homes ranging from luxury custom lots to city living to the country. Businesses are also taking advantage of all of the newly available office space in various accompanying designs that meet any business's needs for their employees, clients or customers. The best part about this new era is that there is an abundance of open areas where people can build their own homes or business on any given plot of land.

What Is a Local Real Estate Market?

A local real estate market is a geographic area within which homes, condos and land can be purchased.…

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Learn About Real Estate Investing in Greenville

If you are looking for a means to generate passive income, investing in real estate could be one of the best ideas. However slow, investing in real estate offers predictable rate returns and is a straightforward way of building long-term wealth and assets. Over the years, Greenville has gone through a dramatic revitalization but has since picked up and become a vibrant area with lots of opportunities for its rapidly growing population. The following is information about real estate investment in Greenville.

Why Consider Greenville for Real Estate Investing?

Located on the edge of the Blue Ridge Mountains, Greenville is among the largest cities in South Carolina. Greenville was founded in 1831 and…

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Local Market Points of Interest in Greenville

Greenville, SC is in upstate South Carolina between Charlotte, NC and Atlanta, GA. This thriving city of over 62,000 residents is the third-largest in the state after Columbia and Charleston. Greenville's location makes it easy to get around by car or public transportation. Now, let's look at some factors influencing the Greenville, SC real estate market.

Home Size

Greenville offers a great variety of home sizes and prices to accommodate many people. Greenville area homes have fewer average bedrooms than the national average. Still, they have plenty of living space per bedroom with an average size over 200 square feet higher than the national average. This means that many homes for sale here are…

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Understanding the Buyer Representation Agreement


When sellers want to put up homes for sale, they usually recruit a real estate agent to list and advertise the property. The real estate agent represents the sellers during the sale process. All agents are ethically and legally mandated to act in the best interest of the seller. But, how can you trust that a real estate agent will take care of your interest? This is where a buyer representation agreement comes in.

A buyer representation agreement is a contract that legally binds a real estate agent and the buyer to a separate representation relationship. The contracted agent serves as the agent of the buyer in the real estate transaction. The buyer benefits from the expertise of an agent who helps…

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What to Expect From Your Real Estate Agent


Real estate agents are an invaluable resource when looking to buy or sell a home. They not only know the area well, but they’ll understand how to handle any issues that arise. To make the most of your agent, you need to be honest and professional. Here is what you can expect from your real estate agent.

1. Use of Current Technology

The real estate market has changed dramatically, and agents need to be using all the latest technology to help you. They need to be using the Internet, social media, and mobile devices to assist you in your real estate transaction. Good agents will make sure that they are at the top of their game when it comes to providing you with any information or updates that you may…

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Property Taxes in Greenville, SC: What You Should Know

The property taxes in Greenville, South Carolina, are among the most important things you can do to ensure that your property is healthy and properly managed. There are many factors to consider when paying your property taxes, but the main consideration should be how high the taxes are and if you can afford them.

1. Property Taxes in Greenville Are Based on the Properties' Market Value

The first thing you need to know about property taxes in Greenville is that they are not calculated using the sales price of your home. The sales price is only used as a reference point to determine the property tax rates, which are based on the market value of your home. The tax rate and value are compared,…

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Real Estate Laws Agents Are Required to Obey 

As a real estate agent, it's important to be aware of the laws that govern your industry. It would be best to abode by several regulations to protect yourself and your clients. This blog post will discuss real estate laws every agent should know. 

1. You Must Be Licensed to Sell Real Estate 

To legally sell or lease real estate, you must be licensed by the state in which you are working. Each state has its own licensing requirements, so be sure to familiarize yourself with the regulations in your area.

If you're caught selling or leasing property without a license, there can be serious consequences. You may face fines, imprisonment, or both.

2. You Must Disclose Any Known Defects of a Property…

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