When choosing homeowners insurance, you have the option to insure your home at either market value or replacement cost. If your home is destroyed, the difference in these two types of coverage is crucial and can be expensive. Here’s why you need to insure your home at replacement cost. Defining market value and replacement cost… Read more »
How long do you need to own a home before you can sell it profitably? The answer depends on your individual situation, but generally speaking, the longer you own a house, the more you’ll net from its eventual sale. Sometimes life intervenes, however, and you need to sell after owning a property for only a… Read more »
How much is a home worth? That’s the crucial question asked by home buyers and their lenders in a sales transaction. It’s up to a professional real estate appraiser to analyze the property and market data to come up with the market value, which can dramatically change the outcome of a deal. What exactly does an… Read more »
When you decide to sell your home with an agent, one of the most important decisions you will make together is the asking price. Set the price too high and your home could languish, causing buyers to wonder what’s wrong with it and forcing you to drop your price. Set the price too low and… Read more »
