Saturday, June 1, 2024 / by Teresa Pileggi
JUNE 2024 Homeward Bound Newsletter and Market Update by Pileggi Real Estate Team
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Team Toronto | Pileggi Real Estate Team - eXp Realty Blog
Friday, May 31, 2024 / by Teresa Pileggi
Common Mistakes When Selling Your Home and How to Avoid Them
Common Mistakes When Selling Your Home and How to Avoid Them
Selling a home for the first time can be time-consuming and emotionally draining. Think about how stressful it is to keep your home open for frequent visitors and answer a series of questions from potential buyers. This can make you settle for low offers to shorten the selling process or avoid more criticism from home hunters.
Without essential real estate experience, making mistakes when selling your home is more accessible. However, you can straighten the process by understanding some home-selling practices to help you win higher offers. Hence, you should avoid a few common mistakes as a first-time home seller.
Common Home-Selling Mistakes to Avoid
Real estate is a hot market with a higher profit margin. However, the success of selling a home lies in how you present yourself and handle customers. Therefore, before accepting offers or opening your house for sale, here are some mistakes ; ...
Selling a home for the first time can be time-consuming and emotionally draining. Think about how stressful it is to keep your home open for frequent visitors and answer a series of questions from potential buyers. This can make you settle for low offers to shorten the selling process or avoid more criticism from home hunters.
Without essential real estate experience, making mistakes when selling your home is more accessible. However, you can straighten the process by understanding some home-selling practices to help you win higher offers. Hence, you should avoid a few common mistakes as a first-time home seller.
Common Home-Selling Mistakes to Avoid
Real estate is a hot market with a higher profit margin. However, the success of selling a home lies in how you present yourself and handle customers. Therefore, before accepting offers or opening your house for sale, here are some mistakes ; ...
Tuesday, May 7, 2024 / by Teresa Pileggi
Earnest money Vs. Down payment: What Is the difference?
Earnest money Vs. Down payment: What Is the difference?
Money is the most constant element in the home-buying process. As a homebuyer, you must part with some money, from the first step of house hunting to closing the deal. That means you must prepare financially and understand all the minor home-purchasing costs, including down payment and earnest Money.
You may have heard of down payment and earnest money in most real estate conversations. However, do you know the difference between the two payments and why they are essential in home-buying?
While both terms may mean initial payments made by the buyer, they serve different purposes, as discussed herein.
What is earnest money?
Earnest money or a good faith deposit is the amount a homebuyer pays to the seller or deposits into the escrow account once their offer is accepted. The buyer deposits the money to show the seller they are interested in the house and willing to reach the closing table. Also, although . ...
Money is the most constant element in the home-buying process. As a homebuyer, you must part with some money, from the first step of house hunting to closing the deal. That means you must prepare financially and understand all the minor home-purchasing costs, including down payment and earnest Money.
You may have heard of down payment and earnest money in most real estate conversations. However, do you know the difference between the two payments and why they are essential in home-buying?
While both terms may mean initial payments made by the buyer, they serve different purposes, as discussed herein.
What is earnest money?
Earnest money or a good faith deposit is the amount a homebuyer pays to the seller or deposits into the escrow account once their offer is accepted. The buyer deposits the money to show the seller they are interested in the house and willing to reach the closing table. Also, although . ...
Tuesday, April 30, 2024 / by Teresa Pileggi
Mortgage Pre-Approval: Why Does It Matter?
Mortgage Pre-Approval: Why Does It Matter?
It is possible to save enough money to acquire your real estate property. However, sometimes, the entire process can easily deplete your finances and leave you with debts you had not budgeted for. That is why you should consider securing a loan just in case your savings do not match the expenses.
Getting a home loan, however, is a complex process since it involves several financial assessments. Of all the aspects involved, mortgage pre-approval is at the center of the journey. So, what does it mean to get pre-approved, and why is it important? As a new homebuyer, here is what you should know about mortgage pre-approval.
What Is Mortgage Pre-Approval?
Home-buying revolves around how much you can afford as a down payment, how comfortable you are with paying the remaining amount, and how much loan you can secure.
To most people, this process begins in the lender's office rather than in the seller's house. T ...
It is possible to save enough money to acquire your real estate property. However, sometimes, the entire process can easily deplete your finances and leave you with debts you had not budgeted for. That is why you should consider securing a loan just in case your savings do not match the expenses.
Getting a home loan, however, is a complex process since it involves several financial assessments. Of all the aspects involved, mortgage pre-approval is at the center of the journey. So, what does it mean to get pre-approved, and why is it important? As a new homebuyer, here is what you should know about mortgage pre-approval.
What Is Mortgage Pre-Approval?
Home-buying revolves around how much you can afford as a down payment, how comfortable you are with paying the remaining amount, and how much loan you can secure.
To most people, this process begins in the lender's office rather than in the seller's house. T ...
Monday, April 29, 2024 / by Teresa Pileggi
May 2024 Homeward Bound Newsletter and Market Update by Pileggi Real Estate Team
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