Real Estate Myths That Might Surprise You
Real Estate Myths That Might Surprise You
When they do, the repair cost is a median amount of $26 more than the warranty, according to CR. Combine that with the fact that “Consumer Reports” found most products don’t break during the standard two- or three-year service contract period. It’s tempting to insure your new, big purchase, but according to “Consumer Reports,” you’re probably already as covered as you need to be.
Association News
New versions of two-tone kitchen cabinets are spicing up kitchen design without the high cost and inconvenience of a remodel. Catch more eyes – and buyers – by adding personality to your home staging. Find out which home repairs will help you sell most quickly and be cost effective. As more workers head back to the office, homeowners are rethinking their options for a workspace at home.
- In addition, consider practical matters before getting a jumbo loan too.
- The Association’s goal is to bridge Realtors with consumers in an attempt to maintain the brand relationship with consumers they’ve enjoyed for over 100 years.
- Whether you’re reading headlines or listening to opinions or news, checking the facts and the numbers behind them will separate facts from real estate myths and lead to more-sound real estate decisions.
- Painting has long been known as an affordable home remodel idea that can significantly improve a home’s appearance.
- Agents and appraisers, on the other hand, base their assessments on recent and pending sales, your home’s condition, and the latest local market trends for a more accurate picture of value.
- On top of that were regular failed inspections, mismeasured doors and windows, hard-to-reach contractors, a carbon monoxide gas leak that sent Costello to the ER, and home renovation costs that inched higher than her $150,000 budget.
- But the tradeoff is you’ll need to pay for private mortgage insurance (see private mortgage insurance below).
Flashy Feature Appliances

– AgentGenius.com is not affiliated in any way with HouseLogic.com or the National Association of Realtors, nor has AG been approached to review HouseLogic, nor was AG invited to last week’s HouseLogic webinar put on by NAR and although we knew five days in advance of the launch, we have respected the wishes of the embargo. I cannot find any houselogic.com realtor with ANY value to add beyond what I can readily do better myself. The Second Century initiative as it’s called plants that flag…
Find IL real estate agents and Schaumburg real estate on ActiveRain. As Northern Virginia’s source of real estate knowledge, we serve the whole community. “It occurred because of risky subprime mortgages that appeared heavily in the market. In July 2025, 21% of homes sold for above asking price, and the average listing received 2.1 offers, according to the July 2025 REALTOR® Confidence Index, which is based on feedback from 1,500 real estate professionals.
- Visit our contact page — a real person reads every message.
- I cannot find any realtor with ANY value to add beyond what I can readily do better myself.
- “A loan officer can work with the borrower to discuss how their student loan debt could affect their qualification.”
- More homeowners are tackling remodeling projects, but are they choosing the projects that could increase a home’s resale value on top of adding enjoyment?
- Being licensed, bonded, and insured can lend credibility to contractors and offer protection to homeowners, but these credentials come with some limitations, according to Rudin.
- REALTORS® are advocates for fair and affordable housing in our communities, and work to eliminate bias from the industry.
- Painting the entire home or even one room is the most common project real estate agents recommend to make properties more marketable, according to the NAR report.
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Some real estate and staging professionals say the blank slate look that’s been popular for a while may now be missing the mark. Wellness is becoming the latest buzzword in real estate. Here are ways to collaborate and use technology tools to get results in the current housing market.






