How Much Cash Do You Need in Reserve When Buying a Home?

Purchasing a home can be both an exciting and a daunting experience, especially for those already worried about the end price. This is why so many real estate experts and those who've purchased a home before will tell you to have a certain amount of money in reserve. But how much do you really need to save up? Here are a few factors that occur during the buying process that determine that number and how much you should have readily available. 

What Exactly Is a Cash Reserve?

A cash reserve is essentially liquid assets that you have left over after you've paid your down payment and any closing costs associated with the deal. These assets can be anything from property that can quickly turn…

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When to Put Your Home on the Market

Timing is important when it comes to selling your home quickly and for the highest possible price. If you put your home on the market when demand is limited, it may be harder to find a buyer willing to make an offer on your property. Let's take a look at some of the best and worst times to put your house up for sale.

Winter Is Generally a Poor Time to Sell

The cold temperatures and limited amount of daylight make it difficult for people to find the motivation to look at new homes. Furthermore, it can be harder to properly showcase a home when snow and ice make it difficult to park in the driveway or walk to the front door without slipping. 

It is also important to consider the impact that the holiday season…

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The Top 7 Pitfalls to Avoid When Selling Your Home

Putting your home up for sale can help you take a major step forward in your finances, but finding a suitable buyer can be easier said than done. If your home is in a popular area, then you're probably going to have a bit of competition. If the market is in a bit of a lull where you currently live, then that means you'll need to put in a bit of extra work. 

Regardless of what kind of economic conditions you are dealing with, avoiding the mistakes that other people tend to make can get you a better price, lower your closing costs, and save you a whole lot of time. Here is our list of the six most lethal mistakes to avoid when selling your home.

Pitfall #1: Overpricing

It's tempting to try and…

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5 Reasons to Declutter Before Selling Your Home

You can help your house sell faster by removing clutter. Decluttering is one of the easiest yet effective ways of luring potential buyers by showing them a clean slate for their own lives. Here are five reasons that this simple process can help you close the sale of your home faster.

1. Makes the Rooms Seem Bigger

A bigger space is one of the top reasons why buyers move to a new home. Having too much furniture or too many decorations can make even a bigger room seem cramped. It also makes the home seem untidy and generally unappealing. The best way to deal with this problem is to get rid of anything that you don't need. Only leave behind enough furniture to give warmth to the living spaces. Ensure…

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Boost Curb Appeal to Sell Your Home: 5 Tips

When it comes time to sell your home, curb appeal is important. You've probably heard the term mentioned; it means that someone driving by may be impressed by the outside look of your home, finding it inviting and appealing to the eye. 

Here are some tips that you can use when getting your home ready to sell. A large investment is not involved, and it can really make a difference in the presentation of your property to a potential buyer.

1. Fix broken lights

A broken light may seem like a sign of neglect by a potential buyer. Why not brighten up the outside to highlight the architecture, landscape or porch? Lighting makes a home more inviting, and you want those who see the home from the outside to…

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COVID-19 Effects on the Greenville, SC, Housing Market

With the COVID-19 cases still rampant in many parts of the United States, the economy has plunged into the deep end as government, private, and business institutions are coping with the effects of the pandemic. However, sectors such as the real estate industry are experiencing the adverse effects of the crippling economic activity.

Communities like Greenville, SC, are opting for a more favorable result within the real estate sectors as homeowners and realtors are looking to make ends meet during this time of crisis. Below, we discuss the current effects COVID-19 has on the Greenville, SC, housing market.

Housing Availability

During the pandemic, there has been a gradual rise in homes for…

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The Most In-Demand Suburbs in Greenville, SC

Taylors

Taylors is a suburb in South Carolina that is ranked 18 out of 121 different suburbs for being one of the best suburbs for young working professionals, including individuals in the IT and healthcare fields. People living in the suburbs pay an average of $155,000 for a home mortgage. In Taylors, the medium rent is a little bit over $800. However, most residents that live here own their homes outright. This suburb has a small-town feel because there are only a little bit over 200,000 residents living in the area. Public schools are highly rated, so this is a great suburb for families with kids. 

Five Forks

The vast majority of residents living in Five Forks are composed of families with kids…

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4 Factors That Affect the Trending Prices in Greenville, SC, Housing Market

Greenville, South Carolina, is a blossoming state full of prime land and real estate opportunities for investors. As a homeowner or buyer, learning the current trending prices within the community can give you an edge over competitors or can give you some insight into when to invest in the market. 

The real estate market in Greenville is the third-largest in all of South Carolina and has a local population of 523,542 people as of 2019. Therefore, here are four factors that influence the real estate market in Greenville, SC.

1. Zip Codes

Greenville remains an ever-growing locale of wealth within South Carolina and its region. Like many properties, your home's zip code…

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Latest Trends in the Real Estate Impacting Growth of the Sector

Real estate is dynamic with new trends emerging each year. The year 2020 has seen buyers’ preferences evolve with millennials (people born between 1981 and 1996) soaring in the list of new homeowners. This is just one of the latest trends in the real estate market.

The Rise of Millennials

Millennials are becoming a dominant force in the real estate market and represent the largest group of new homeowners at 37% according to the National Association of Realtors. The online business has brought about a large population of high-net-worth millennials. They managed to rise above the last major recession of 2008 and made a significant impact on the market. 

Millennials have outnumbered…

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5 Things to Do 6 Months Before Buying Your New Home

Buying a home is often stressful. There are so many things to do and get ready before you even apply for a loan. There are a few things to start six months in advance. These steps help relieve some stress and get you ready for that new home.

1. Check Your Credit

One of the first things you should do is check your credit. You can pull your free credit report once a year from the credit bureaus. Make sure to pull all three reports. Some credit cards, auto loans, and other credit companies will only report to one or two of the bureaus. Pulling all three reports gives you everything you need. You should also pull your credit scores. You will have plenty of time to fix errors before you start the…

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