Most people who’ve ever purchased or sold a home are familiar with the concept of an appraisal, but not everyone has heard of a Broker Price Opinion or BPO. Simply put, a BPO is an unofficial assessment of a property’s potential market value based on an expert judgment, usually by a real estate broker. Contrast that to …
The housing market in Maui can feel a little like a rollercoaster nowadays. Due to the unprecedented shock of the COVID-19 pandemic, an increasing number of people are pursuing a more relaxed way of life by working remotely from the beautiful Hawaiian Islands. Combined with the fact that mortgage rates remain relatively low, Maui has …
When the COVID-19 pandemic hit last year, the real estate sector suffered in general as the economy almost ground to a halt. Due to many cancellations, vacation homeowners saw their revenue from short-term rentals slowly reduce and, in some cases, stopped altogether. According to a survey, 88% of homeowners rely on revenue from short-term rentals. 55% …
It’s no secret: Buying a home in Maui is a big deal – especially when you’re a first-time homebuyer. We all want a little piece of tropical paradise to call our own, whether we are investors, retirees, newlyweds or residents. Maui is a beautiful place to visit, but it’s an even lovelier place to reside. …
Maui is undoubtedly one of the most stunning holiday destinations in the world. Whether you want to soak up the sun on a pristine beach or snorkel with some of the world’s most beautiful marine creatures, this popular Hawaiian island has something for everyone. Of course, life isn’t so simple that you can jet off …
To the uninitiated, the idea of buying a home may seem daunting. Fortunately, finding a comfortable place to settle down is much more achievable (and a lot less scary) than it might first appear. Whether you’re teaming up with a partner or flying solo, we’ve put together a guide that will give you the confidence …
A credit score is a numerical value assigned to individuals based on their credit history. They can range from 300 (very poor) to 850 (excellent) and help financial product vendors determine whether someone is suitable for a particular loan. Your credit score could affect whether or not you qualify for a mortgage, so you must …
Unless you’re a seasoned real estate professional, the housing market can feel a little confusing and intimidating. After all, the home buying process is intensely demanding of buyers, who often experience pressure to make offers on properties that may not suit their needs. To help you find a comfortable and affordable home in your desired …
For many students and young people in the US, getting on the property ladder seems like a pipe dream. In 2020, 56.3% of women aged 18-24 lived with their parents, with the figure rising to 60.1% for men in the same age range. Due to a tightening economy and shifting social norms, the number of students and …
If you’ve recently put your home on the market, you may be wondering how to find a suitable buyer quickly and efficiently. While some sellers seal the deal during the first private viewing, others struggle to find a buyer using traditional closed processes. Situations like that are where an open house comes in. Choosing whether …
Escrow is a critical component of the home sale that typically takes between 30 and 45 days — but for many buyers, it seems to stretch on forever. So what can you know and do to help the process along? Keep a close eye on all communication channels To make sure everything closes on time …
The nice thing about buying a home that you plan to make your primary residence, even though the search and transaction processes aren’t always a cakewalk, is that you know what you like. When you buy a home to fix-and-flip or buy-and-hold as an investor, though, it’s not about what you like at all. Instead, …
They say there’s no place like home, especially if that home knows what your musical preferences are. The era of the smart home is finally here. But if you’re like most people, you’re not entirely sure where to start, and you also don’t want to spend a lot of money. There are lots of moving …
We’ve been living in pandemic times for a little over a year now, and most of us have become accustomed to wearing masks, washing our hands, and keeping our distance from strangers. However, if you’re considering selling or purchasing a property, you may be a little puzzled about how the real estate market continues to …
“Swimming pool” is a must-have on many wish lists. It’s also a big, shiny asset that home sellers include prominently on listings when it comes time to move on. However, when buying or selling a property with a pool, things don’t always go swimmingly. There is a lot to love, and a lot not to …
So, you’re thinking about purchasing a new property, but you’re concerned about the overwhelming world of mortgage rates and property loan fees? We know how you feel! Wouldn’t it be great not to have to worry about those consistent monthly property loan payments? Just think what you could do without that recurring burden arriving in …
People have been buying vacation rental properties to generate extra income for decades, but the emergence of Airbnb and other websites that let you book private rooms or entire private homes directly online have created a new era of vacation rental owners. Many of the people who are tapping into the vacation rental opportunity also …
This last year has demonstrated that working remotely can be just as productive, if not more so, than the traditional office environment. As such, countless adults are now shifting to permanent at-home work setups. Resultingly, with the money people are saving from commuting to and from an office each day, they’ve now got more travel …
Determining your home’s market value is a process involving multiple steps and a variety of different factors, the most important of which is the accuracy of all the information you’ve gathered. While there are simple DIY steps you can take to increase your property’s value, they should not be considered a guarantee. The online tools …
While buying a home is a beautifully empowering feeling for everyone, it holds a special meaning for veterans. After spending years moving from one base to another, it’s finally time to call one place home. If you are a veteran looking to buy a home, you need to know about these government programs that aim …
Many things can decrease your home’s value, such as the location of the neighborhood you are in, its crime rate, and the quality of nearby schools. There usually isn’t a lot one can do about such things, but some other factors are good to be aware of and take action on, as they are things …
Buying a home as a single parent is different from buying as an unmarried individual or as a couple. To put it simply, it’ll all be on you. From finding a realtor to looking for a house to applying for a mortgage to moving, you will be the individual solely responsible. In all likelihood, it’s …
One of the greatest pleasures of life is building a home customized to your preferences on a piece of land that you chose. It’s an enriching experience to search for the right land, start from scratch, and see it come to life in front of your eyes. But it also comes with its challenges. Whether …
