2016 is now history and it is time to see how Berks County home sales fared for the year and how things are shaping up for the next. So here is your Berks County Real Estate Roundup. Think 2016 went by fast? Like most years, it did, and it was a leap year so even had an extra day. Most new years bring hope for the coming and … [Read more...] about Berks County Real Estate Roundup for 2016
When someone buys a home to be their primary residence the last thing they are thinking about is selling it. Ultimately, that day will come when they are ready to move on. It is then they may question if they paid too much and should have considered future home value. One of the great things about being in the real estate … [Read more...] about Does Future Home Value Affect Present Home Value in Berks?
If you use Zillow.com to search for homes and it matters who contacts you back when asking for property information read this. It will better help you win the game of Realtor Roulette that Zillow.com plays. More and more people shop for a home online. The real estate website visited more than any other is Zillow.com. I refer to … [Read more...] about Does Zillow.com Make Customers Play Realtor Roulette?
Finding the right home is just the beginning. The next step is to acquire that home. Understanding your home purchase options is critical. An escalation addendum may be a solution. So you have found that perfect home. You tell your Realtor® you want to make an offer. Your Realtor® calls the listing agent and asks if there are … [Read more...] about Really Want That New House? Consider an Escalation Addendum
Many home sellers consider paying some or all of a home buyer’s closing costs a negative. Would it be better if the practice of paying closing costs did not exist? The answer may change your way of thinking about the practice. Spend any time in the real estate industry and you will hear the adage, home values are mainly a … [Read more...] about What Would Happen to Home Values if There was No Seller Credit
The Good The Bad & The Misunderstood of Seller Credit Every week I look for a real estate subject that will help Berks County home buyers and sellers better understand the dynamics of the real estate industry. I did not have to look far this week. It again became apparent that many Berks County home sellers do not fully … [Read more...] about What is Seller Credit to Home Buyers
Knowing a few simple things about the real estate industry can help make your next home purchase more enjoyable. This is a behind the scenes look that can help you determine the rights and wrongs of home shopping. Locating the perfect home has become easier than ever before. There are now thousands of real estate websites … [Read more...] about Home Buyers, Know Your Rights and Wrongs
Is it possible that the old standard of calculating home loans is killing the real estate market and our economy in general? Maybe it is time to think about a new way of calculating home loan payments. Amortized loans were first introduced by the Federal Government during the great depression (not sure what was so great about … [Read more...] about Understanding Home Loans ~ Amortization