When it comes to where mortgages are concerned, "escrow" and "escrow accounts" refer to two slightly different concepts. Escrow is the process by which a neutral third party mediates a real estate deal, holding money and property "in escrow" until the two sides agree that all the conditions are met for a sale to close. By contrast,… Continue reading What Is Escrow?
While there are numerous financial benefits to homeownership, it's important to highlight the non-financial advantages as well. As a real estate professional, understanding and conveying these benefits to potential buyers can help them make informed decisions and feel more confident about their investment. Here are some non-financial benefits of homeownership: Stability and Security: Owning a… Continue reading The Many Non-Financial Benefits of Homeownership
If you're thinking about buying or selling a home, you might have heard that it’s tough right now because mortgage rates are higher than they’ve been over the past few years, and home prices are rising. That much is true. Take a look at the graph below. It breaks down how the current affordability situation… Continue reading People Are Still Moving, Even with Today’s Affordability Challenges
If you’ve never been through the home-buying process, some of the terminology can seem a bit foreign. One of the many phrases you might come across is earnest money. When making an offer on a home, it is often encouraged to include earnest money with that offer. Earnest money is a payment of 1-3% of… Continue reading What Is Earnest Money and Why Do I Need It?
If you’ve started researching the home buying process, or you’ve already purchased a home in the past, you probably know one of the first things you need to consider is the size of the downpayment you are going to need to cover on the home you discover. While that down payment can vary depending on… Continue reading Still Saving Your Tax Refund? Here’s How To Use It!
The building at 242 South Colorado Avenue in downtown Haxtun is the future site of Town Square Realty. Realtor Johnna Harris closed on the property Source: Newest main street business owner seeks info on building's history - The Haxtun-Fleming Herald
Need to declutter? Anytime is the perfect time for getting rid of all the unnecessary stuff that accumulates in your home. How does it manage to pile up? Didn’t you just do this last year? Maybe you should just throw it all away—for good. In fact, that’s what a lot of people are doing now.… Continue reading What Small Homes Can Teach You About Living with Less
The housing market is hot. On fire, actually—and it doesn’t seem to be dying anytime soon. This can be scary because of how tough it is to buy a home in a competitive market. 1. Do Your Pre-Approval Homework Before you even start looking at actual homes, head on over to a lender (or multiple… Continue reading 6 Tips for Buying in a Competitive Market
In today’s market, it’s not uncommon to be in competition with several other buyers for your dream home. When you find that perfect house, with the chic chandelier and the doggy door for Fido, the last thing you want to do is lose it because your offer didn’t stand out to the seller, Taking the… Continue reading How To Make Your Offer Stand Out
When it comes mortgages are concerned, "escrow" and "escrow accounts" refer to two slightly different concepts. Escrow is the process by which a neutral third party mediates a real estate deal, holding money and property "in escrow" until the two sides agree that all the conditions are met for a sale to close. By contrast, an escrow account is… Continue reading What is Escrow?
The Colorado Running Realtor® 