Buying Real Estate

Get a CLUE when buying a home

Get a CLUE when buying a home

If you don’t have a CLUE, don’t be embarrassed! Most Americans don’t have a CLUE and have never heard of the CLUE database, but if you are a home buyer or home seller, it’s probably a good idea to get a CLUE!

Are you too old to buy a home?

Are you too old to buy a home?

Many baby boomers never bought a home in their younger years and some baby boomers lost their home in the 2007 to 2012 recession. Baby boomers were born between 1944 and 1964, making them between 55 and 75 years old this year. Those baby boomers are now in their retirement years and are asking, “Am I too old to buy a home?”

Relocating? Check the Housing Affordability Index

Relocating? Check the Housing Affordability Index

If you are mulling over the idea of moving and need to compare to a variety of different places you are interested in relocating to, you will no doubt want to assess the cost of housing. The National Association of Realtors® (NAR) makes it easy to make comparisons. NAR has been keeping track of the housing affordability index nationally for many years, which enables you to see how the index has changed over time. The index is published on a monthly basis from NAR.

Minimum service requirements for real estate brokers

Minimum service requirements for real estate brokers

Homebuyers and home sellers hire real estate brokers to assist them with what is commonly the largest financial transaction in most people’s lives. In today’s real estate world, there is a copious variety of business models seeking to serve the needs of homebuyers and sellers. As markets change, types of real estate business models change and evolve with the market. When the market heated up prior to the recession, a business model evolved called limited service companies. The fees charged and services rendered varied greatly. The fees, commissions, and services are 100 percent negotiated between a broker and their principal. The Division of Real Estate does not regulate commissions or services offered. However, the level of services dropped so low, in some cases, that both brokers and their clients were contacting the Division of Real Estate for clarity regarding the minimum amount of service required was to serve the home buying and selling public.

Bankrate.com: 6 ways to save more this year

Bankrate.com: 6 ways to save more this year

Improving your diet and health are common New Year’s resolutions. But improving your financial health needs to be a priority, too. Make 2019 the year you take your savings to the next level. (Photo: Dreamstime/TNS) “What people don’t realize is your finances really...


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