Entries by bestedge

The Benefits of Buying a Foreclosed Home

You may have heard stories of people finding spectacular foreclosed homes for extreme bargains, or perhaps you’ve heard of someone taking a risk on a foreclosure just to get burned with serious repair bills.  Everyone has their own opinion of foreclosures, but the reality is that they are just like any other real estate deal. […]

What Are Closing Costs?

Whenever you buy a home, many pieces must come together for the property to be appraised, sold, and transferred to a new owner. While you may only communicate with your realtor and a representative from your lender, many professionals are working behind the scenes to make sure the home buying process goes smoothly. Closing costs […]

What is a Conventional Loan?

A conventional mortgage loan is a mortgage loan that is not backed by a government agency. Conventional mortgage loans can be categorized in many different ways, including conforming v.s. non-conforming, fixed-rate v.s. adjustable-rate, and more. Conventional mortgage loans are great for potential property buyers who don’t meet the requirements for other mortgage types, such as […]

In Real Estate, What Does “Exclusive Right to Sell” Mean?

Selling your home can be very overwhelming and confusing. In addition to navigating the various laws and deadlines, there’s also a completely new language to learn. When you first speak to a realtor or start researching selling your home on the internet, you may be overwhelmed with all the jargon. If you decide to go […]

Why the End of Forbearance Will Not Lead to a Wave of Foreclosures

Many people who took advantage of federal mortgage payment forbearance during the COVID-19 pandemic are now just past or nearing their plan’s end date. This means millions of homeowners are now resuming their regular monthly mortgage payments, along with trying to make up the 6-12 months of missed payments from the forbearance period. It’s hard […]

Why You Should Get a Mortgage Pre-Approval

Buying a home can be a complicated process, but there are things you can do to ease some of the stress. Preparation for purchase should begin well before you ever look at a potential property. Important things to consider when purchasing a new home include crime rates, school district reputations, commute times to work or […]

Selling Your Home in a Seller’s Market

Today’s real estate market is on fire — if you are a seller, that is. The current supply of available homes is down by around a third since last year! Homes are also selling in record-setting times, sometimes within just hours of hitting the market. Many people are currently going all out to purchase any […]

How to Market Your Home for Sale

Almost three-quarters of Americans say their home is their biggest asset. When it comes time to sell, you want the highest price possible with minimal investment. More and more people choose to market their homes themselves, skipping some of the selling costs that eat into sellers’ profit. Knowing how to market your home effectively is […]

Proven Ways to Increase Home Value

If you’re like most Americans, your home is probably your most valuable investment. When it’s time to sell your home, there’s probably one thing on your mind, and that is getting the highest price possible. You can’t control all of the factors that determine your home’s value, but making repairs and renovations is a popular […]

First-Time Homebuyer Programs in Florida

There aren’t many things in life as exciting as closing on your very first home! While you’ll certainly be excited and feel accomplished as a new home buyer, the process can also be intimidating and hard to navigate, not to mention expensive. Luckily, in the state of Florida, there are several ways first-time homebuyers can […]