If you’re looking for a new home, one of the smartest things you can do is prequalify for a mortgage. Prequalifying not only helps you understand how much you can afford; it also strengthens your negotiating position when you’re ready to make an offer.
The first step is to figure out your budget and how much you can comfortably afford to pay on a monthly basis. This figure will help you determine your price range and the loan terms that may be best for you.
Once you have an idea of what your budget ca... read more
Posted by Coldwell Banker River Valley on June 28, 2013 in
Backyard sheds have long served as a basic receptacle for all your outdoor tools: serving as storage space for everything from lawnmowers and snow blowers to garden hoses, rakes and fishing gear. But with a little creative thinking, your shed could become an extension of your home.
In fact, many people are finding outdoor sheds can be a great alternative to expensive home additions.
Sometimes a man cave can be just what you need. Many sheds come equipped with lights and outlets, so all you need is a comfy rec... read more
It’s taken a few years, but the housing market is rebounding and doing it soundly. In fact, Wisconsin home sales rose in May for the 23rd month in a row. All signs point to a continuing healthy market. Here are three reasons why.
1) Supply and demand. After the housing market crashed in 2008, builders dramatically slowed new construction. In that same time, population growth and immigration have increased the number of prospective owners entering the marketplace. In addition, experts estimate that millennial... read more
It seems like home prices are arbitrary these days, with luck playing more of a role than any other factor. How can I possibly know at what price I should list my home?
One of the best ways to determine the true market value of your home is to look at how much comparable homes in your area are selling for. You’ll want homes that are similar in size and features and that have sold recently under current market conditions. Consider lot location, size and view. Consider the home’s square footage and the... read more
Posted by Coldwell Banker River Valley on May 09, 2013 in
For many of us, home loan rates are the lowest we’ve ever seen, making now a great time to buy a first home, upgrade to a larger home or even downsize to something easier to maintain.
If you’re looking to take advantage of those low rates, however, you’re more likely to qualify by following these tips.
1. Protect your credit score. Whether you’re paying on credit cards, utilities, a car loan or even a current mortgage, make all your payments on time to keep your credit score as high as pos... read more