Jigar Shah's (jigarshah) Blog

When it comes to purchasing a home, many aspiring homeowners find themselves navigating through a complex world of mortgage terminologies. One such term is PMI or Private Mortgage Insurance. Understanding PMI and its importance is crucial for homeowners, as it can significantly impact the overall...

What is FHA Appraisal?FHA appraisal refer to the property valuation process conducted by a licensed appraiser for the purpose of an FHA loan. The Federal Housing Administration (FHA) is a government agency that insures loans provided by approved lenders, which helps facilitate affordable homeowne...

In the dynamic world of real estate, finding a property at an affordable price is a top priority for both buyers and sellers. However, the traditional model of hiring a realtor often comes with high fees and commissions, making it an expensive endeavor. Fortunately, the emergence of discount real...

With an average cost of a house in Illinois being more than $260,000, a commission of 6% is a serious hole in your pocket. This means that as a seller, you end up paying a commission as high as $8,000 to a listing agent. Now when it comes to flat fee MLS, this can be avoided, and you end up payin...

Companies that specialize in buying houses for real estate investment purposes are always on the lookout for new properties to add to their portfolios. These properties might be anything from a split-level home with a harvest gold kitchen from the 1970s to a new rental in a prime area. If you're ...

There has been a dramatic change in the U.S. housing sector in recent years. As loan rates reach all-time highs, a growing number of homeowners are willing to take cash deals from buyers. In the fourth quarter of 2022, cash sales accounted for 31.9% of all house purchases in the United States. Ca...

You're planning to sell your Texas home. Awesome! Selling a home could be one of the biggest moments in the life of a homeowner, especially when they are selling ‘for sale by owner’ or FSBO. But this can also be a stressful situation if one is not prepared.When wondering how to sell a house by ow...

One of the top questions on the mind of any home seller and buyer would be – what are closing costs? Closing costs are fees you will pay during the process of buying and selling a home. This can entail everything from loan fees to inspection fees. Usually, one pays closing costs when they go to a...

As of this date, the real estate industry is one of the most competitive industries. Businesses compete not only for customers and listings but also for the most talented and dedicated salespeople. Rapid expansion is the norm for companies whose representatives are valued and whose services or pr...

Flipping houses can be lucrative in good situations, but there are sometimes high entrance barriers. Before even talking about money, successful house flippers need to be able to evaluate housing markets, anticipate home values effectively, and have the connections or talents to execute improveme...