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Can a Seller Relist a House When the Earnest Money Hasn’t Been Returned?
By Margaret Heidenry Jun 27, 2022 (Getty Images) It’s every homebuyer’s dream: You saw a house you loved and made an offer the seller accepted. Hurrah! Then you went through all the usual steps of homebuying—such as negotiating a contract and agreeing...
What Is Knob and Tube Wiring, and Is It Hiding in Your Home?
By Stephanie Booth Jun 28, 2022 (Photo courtesy of bgpmaintenance.com) What is knob and tube wiring? While it might sound like a bad 1990s indie band, it’s actually an outdated electrical system that’s still found in many old homes in the United States....
America’s Real Estate Market May Be Finally Recovering From the Pandemic—Here’s Proof
By Margaret Heidenry Jun 30, 2022 (Realtor.com/Getty Images) America’s housing market has undergone some wild swings during the coronavirus pandemic, but at long last, it appears to be recovering. In June, the number of real estate listings rose by 18.7% compared...
The Complete Home-Selling Timeline: Here’s How Long It Takes To Sell a House Today—or Speed It Up
By Kimberly Dawn Neumann Jun 23, 2022 (Realtor.com) With home prices hitting record highs across the country, plenty of homeowners may decide the time is ripe to sell. So how long does it take to sell a house now? In today’s red-hot seller’s...
Should Home Sellers Get a Pre-Inspection? The Pros and Cons
By Lisa Kaplan Gordon Jun 12, 2022 (Pamela Moore/iStock) Every home buyer knows hiring a home inspector to check out a property before closing is a good idea. In fact, a home inspection is often a requirement for a mortgage. The...
Is My Home in a Flood Zone? How To Check Flood Maps and More To Stay Safe
By Margaret Heidenry Jun 15, 2022 (Getty Images) A home’s risk of flooding—from hurricanes or a huge downpour—is probably not the first thing you’d think to check. However, the fact is that many U.S. homes lie within flood zones, and as the recent Yellowstone...
7 Tragic Mistakes Pretty Much All First-Time Homebuyers Make After Moving In
By Jennifer Kelly Geddes Jun 9, 2022 (Getty Images) First-time homebuyers who manage to snag a house today have every reason to be excited. Congratulations! Yet once you move in and start decorating, watch out: A whole lot can go wrong. When it comes to...
Can Changing Jobs Prevent You From Getting a Mortgage?
By Ana Durrani Jun 7, 2022 (Getty Images) Taking on a new job can be exciting. But if getting a new gig happens to coincide with your plans to buy a home, it can affect your ability to get a mortgage—even if you make more money in your new job. When you...
On the House: Should I Max Out My Budget To Buy My First Home?
By Clare Trapasso Jun 8, 2022 (Realtor.com / Getty Images) Between the increases in mortgage rates and prices, it’s so hard to afford a home now. Should I max out my budget? Don’t do it. Granted, it’s hard not to buy a home at the top of your budget...