With so many things to think about, like location, cost, and features, looking for a new house can be both an exciting and challenging endeavor. Purchasing a home under construction is a choice that has grown in popularity lately. This not only gives you the chance to have a brand-new home constructed to your specifications, […]
Home Buying Tips
Three Secrets to Winning Your Next Home Offer
If you’re planning to buy a house in a highly competitive market, you’re in for a challenge. In Northern Virginia, for example, demand for homes is high, and inventory is low, making it difficult to win a bidding war. However, by following the right strategies, you can increase your chances of winning your next home […]
Will Rising Mortgage Interest Rates Cause the Market to Cool?
The residential real estate market has been red-hot for a while now but not many analysts are anticipating that low inventory, bidding wars, and rising home prices are going to stop anytime soon. There are signs, however, that things may have at least started to cool, especially with rising mortgage interest rates. Is this really […]
Are Whisper Listings Really Happening?
America is in a seriously hot housing market and Whisper Listings are a rumor you may have heard about. Demand for houses doesn’t seem to be going anywhere, and home values are steadily rising with no signs of cooling down. This built-in demand combined with a distaste for the usual methods of selling property — […]
Title Insurance: Why You and Your Lender Want it
(Photo by Matthew Henry from Burst) Like all insurance, title insurance is about peace of mind. But do you really understand the importance of this insurance? This isn’t a policy that asks you to pay premiums for protection against unforeseen future risks. Instead, it’s a one-time fee that actually saves you from financial loss in […]
Tips to Avoid Mortgage Rejection
(Photo by Samantha Hurley from Burst) You’ve saved up for a deposit and worked with LIST WITH ELIZABETH® to find your perfect home, but you still need to avoid mortgage rejection. Maybe you were even pre-approved for a mortgage loan before you started the whole process. But now you need to solidify your mortgage to […]
Can You Opt-Out of an HOA?
There are more than 350,000 homeowner’s associations in the United States that oversee over half of all owner-occupied homes, so chances are, if you’re shopping for a new home, yours is bound to have an HOA, but can you opt-out of an HOA? With HOAs so prevalent, one might imagine joining one would always be […]
What a Lumber Shortage Means for Home Prices
Lumber is a basic construction material for building new homes as well as renovations of existing homes. It may seem like lumber is an abundant resource, but in fact, there is currently a nationwide lumber shortage that is bringing many construction projects to a standstill. Lumber shortages are also driving up price, which is then […]
