Top Specialty Spaces for Luxury Buyers

 

The luxury real estate market is fiercely competitive, leaving sellers feeling pressure to keep their houses updated with the ever-shifting list top specialty spaces that reliably coax high-end buyers to whip out their wallets. This year, if you’d like to sell your home on the luxury market, purchase a luxury home, or just add new “wants” to the long list of features you’d love in your dream home, look no further. Parks Realty’s list of top 10 specialty spaces for luxury buyers highlights both continuing trends and new features that have helped houses get snatched up immediately. Continue reading

How To Tell If A Home Is ‘Move-In’ Ready

 

If you’re home shopping, you’ve probably seen or heard the phrase “move-in ready” in the property description. But what does “move-in ready” really mean and how can you tell if a property that “shows well” is truly ready for your family to move in and why does it matter? Typically speaking, real estate agents refer to a home as “move-in” ready if they don’t anticipate any significant repairs. Continue reading

Luxury Home Features: Interior Edition

 

Today’s homebuyers in the luxury market come with certain expectations … and with such huge purchases, we’re glad that’s the case. Styles, technologies and certain setups can make or break a sale, and knowing what the most popular current trends are for luxury home features are helpful to know. Below are some of the current, must-haves on luxury buyers’ lists. Continue reading

Getting a Mortgage with Bad Credit

 

If you’re worried that your credit is too low to get approved for a home loan, you’re not alone. Low or bad credit is something that many Americans are facing. But even with poor credit, there is good news! There are government loan programs made for borrowers with lower credit. Continue reading

Homebuyers May Find More Deals in the Fall

 

Though some potential buyers may be a bit frustrated they didn’t find the perfect home this summer thanks to the intense competition they would have faced for just about any property – they shouldn’t be discouraged. As some shoppers leave the market, the odds that those who remain will find a home for a good value, only increase. Working with a real estate professional in September and beyond may help them find the home of their dreams with greater ease. Continue reading

Easy Updates to Quickly Sell Your Home

 

Major home renovations are often intended to benefit the homeowners directly. When it comes time to sell your home, however, the scale and intent of upgrades can be much different. The good news is, you don’t have to stretch your budget to the limit to create impactful changes. In this article, we’ll outline easy updates to quickly sell your home. Whether your home needs work on the interior or exterior, we’ve got the projects that will give you an excellent ROI. Continue reading

The 3 Most Important Numbers on a Home Loan Application

 

There are three numbers that matter the most when it comes to a home loan application. They are your credit score, your debt-to-income ratio, and your loan-to-value ratio. These specific numbers matter because they affect your ability to qualify for a home loan as well as your interest rate for the loan. Continue reading

Luxury Real Estate Trends

 

Luxury homes are … luxurious. But what about them makes them so? Aside from price point, and the usual beauty that comes with, luxury homes are usually on the forefront of amenities for the more traditional market. So whether you’re buying, selling or interested in luxury homes, or just wanted to see home trends are on the horizon, we’ve compiled a few of this year’s top luxury trends: Continue reading

It Might Be Better To Skip The Starter Home

 

The typical advice for first time home buyers is to purchase a starter home –that is, the home that’s one step away from their larger “forever” home. But is that always the best route to go? With just about 45 million millennials entering the real estate buying age, that’s something that’s on our minds too. Continue reading

Why Your Home Equity is Your Most Valuable Asset

 

A simple way to understand what home equity is is to think of it as the portion of your home that you truly own, that is, the value of your home not included in your current home loan. Home equity is what makes homeownership such a great investment. The opportunity to increase equity can be quite significant, making it one of your most valuable assets. Continue reading