Many sellers are unaware of the process of selling a home completely as they do it just a few times in their lives with long times in between each sale. And things are not always the same depending on what state you live in. I wrote a post about appraisals from the buyer's perspective and you can
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01/31/2025
I had the opportunity today to sit down with Mike Storti of Foxtrot Mortgage, we discussed interest rates, buyer assistance programs, and Second Look, a program Foxtrot has been running for a couple of years where they will check the rates and fees being offered to a buyer to make sure they are t
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01/30/2025
If you are buying a home with a mortgage the bank will want an appraisal carried out. The buyer pays for this and since the 2008 housing crash these are arranged through a third party management company that finds the appraiser and orders the appraisal so that the appraisal is unbiased and indep
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01/29/2025
"The garden of the world has no limits, except in your mind." RumiSo you have finished your plan, you have it printed out, now what....?If you just put your plan on a shelf, nothing is going to change. A plan is about taking action, believing in yourself and that your plan will bring changes into
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01/20/2025
The Main Line outside Philadelphia lies within the boundaries of three counties, Montgomery, Delaware and Chester County. Each county is much larger than just the Main Line parts, so the market reports refer to the actual county, not just the Main Line area. The video below shares the statistics
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01/18/2025
What does 2025 hold for the real estate market?As we start 2025, we look back on 2024 and see sales of about 4.15 million homes as of November 2024. December home sales are released towards the end of January. This is still massively down from 2021 when sales were 6.12 million homes. Estimates fo
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01/17/2025
This is my third entry in the January Active Rain Challenge on planning for 2025.My wife gave me a book this past Christmas written by the founders of Life is Good company. One of the things near the start of the book mentions the phrase above: Yes, and...They mention in light of improvisation es
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01/15/2025
There are lots of things to consider when buying a home, for the first time or if this is a resale and move up or down. Market Conditions Interest Rates Buyer's market or Seller's Market Family dynamics Job demand People often ask me, is this the right time to buy? My answer is usually along the
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01/14/2025
In a recent survey, December 2024, our local MLS, Bright MLS found the following results regarding what buyers are looking for in a home.More than half (56.1%) said that it was “very important” to buy a home that was move-in ready, with no repairs or major improvements needed. Another 37.8% said
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01/10/2025
In Part 1 I laid out some of my planning for 2025, and my general goals for 2025 in light of 2024. Now I am going to drill down a little deeper.So, I have some general goals relating to blog posts, newsletters, videos and social media posts.This week I am focusing on how I set those up so I can s
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01/08/2025