Home repairs are inevitable as a homeowner, but when you’re buying a home, it’s important to know what kind of condition it’s in—and whether any issues could end up costing more than you expected. As a buyer, you have a few options for negotiating after the home inspection: asking the seller to make repairs, reducing […]
Key takeaways: House hacking is a real estate investment strategy where you live in one part of a property while renting out the remaining space. House hacking can either be done with a multi-unit dwelling or in a single-family home. When searching for a house to hack, it’s important to review zoning laws and HOA […]
Key takeaways: Learning how to buy a house without a realtor or real estate agent is possible with diligent research and planning. Redfin’s home search and buying tips can help you make an informed decision when going through the home buying process on your own. Be sure to consider the pros and cons, complexities of […]
Key Takeaways: Mortgage pre-approval involves a hard credit inquiry, which may lower your score slightly. The impact is usually small (less than five points) and temporary. Multiple pre-approvals within a 14-45 day window count as one inquiry for scoring purposes. Being strategic with timing helps you compare rates without hurting your credit. When you’re preparing […]
Key takeaways:
A primary residence is the home you live in most of the year and use for legal and financial documents.
It affects your mortgage rates, insurance, taxes, and eligibility for homeowner benefits.
Most homeowners won’t need to think about classification. It’s mainly important if […]
The MLS, or Multiple Listing Service, is a database real estate professionals use to share and find homes for sale. While first-time homebuyers and even seasoned homeowners might have heard of MLS, they may not be familiar with the role it plays throughout the home buying and selling process. Whether you’re searching for a home […]
Mold is one of those things we like to pretend doesn’t exist—until it’s in our drywall, blooming from under the paint like an unwelcome secret. Whether you’re listing a condo in Chicago or your five-bedroom house in Houston, selling a house with mold requires a calm mindset, some planning, and likely a financial cushion. Let’s […]
The latest data confirms it’s never been more expensive to buy a home in Australia, with rising demand and shrinking supply pushing prices to new highs. The PropTrack Home Price Index shows home prices reached a record high in July, rising 0.3% last month and 4.9% over the year. A median-priced Australian house now costs […]
Key takeaways You can legally sell a home with asbestos, but you must follow disclosure laws. Removing asbestos is not always required, but it may help with the sale. It’s possible to sell as-is, especially to investors or buyers willing to take on the project. The condition of the asbestos and your local market can […]
Strong demand and constrained supply despite new releases have pushed Adelaide land prices up almost 5 per cent – or $15,030 – in the past three months. New research by Oliver Hume Property Group shows the median lot price rose 4.7 per cent in the June quarter and 17.5 per cent over the past year […]