The more real estate terms you understand, the more comfortable you will be in your home buying process. This is especially true for financial vocabulary related to real estate transactions. To help familiarize you with some of these important concepts, here is a quick guide to financial real estate terms: Fixed rate mortgage A fixed rate mortgage is...

The difference between home price and home value causes confusion for many buyers and sellers. Both price and value are a combination of many variables that are constantly changing. Understanding what can affect home value will help you understand and navigate the market. Here are the key factors that go into determining a home’s value: Comps “Comp” is...

Let's face it – determining how to price a home is rarely simple for a seller. In some instances, your home may be worth less than you originally paid for it. Ultimately, if you failed to maintain your house over the years, various home problems may crop up when you decide to list your residence. If these issues go...