The Benefits and Drawbacks of an Open House

Posted by Sherry Walker // February 14, 2018

An “open house” is a time when sellers open their home so that numerous potential buyers can swing by and check it out.  No appointments needed. Many people are on the fence when it comes to holding an open house.  Some feel that it’s necessary to get potential buyers on your list. While others feel […]

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How Do Appraisers Determine Home Value?

Posted by Sherry Walker // February 7, 2018

A home appraisal is an unbiased estimate of a home’s true or fair market value.  Appraisals are used for several reasons.  Three of the most common instances when an appraisal is required are as follows: When a home is being sold and financing is involved; When an owner is refinancing their current mortgage; and When […]

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How to Evict a Tenant

Posted by Sherry Walker // January 24, 2018

Even after careful screening, some tenants will either struggle to pay the rent or prove to be a headache. Unless you are okay with skipping rent from time to time, you simply cannot allow them to be remiss in their duties as lessees. Eviction is harsh no matter how you look at it. But you […]

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How to Find a Good Tenant

Posted by Sherry Walker // January 10, 2018

Every landlord’s goal is to find a decent, paying tenant. Up your chances of finding a great tenant by following these tips!   First on the list is to know and follow the law. The Federal Fair Housing Act requires all landlords to treat all prospective tenants equally.  You are prohibited from discriminating based on […]

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What Makes a Good Offer? Advice for Buyers and Sellers

Posted by Sherry Walker // December 13, 2017

Congratulations!  You’ve finally found the home of your dreams. You are also ready to make an offer. But how much should your offer be?  What is a fair price? You definitely don’t want to lose this house. But you don’t want to pay too much either. Here are three factors to consider:   1. Current […]

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Property Management Tips for Landlords

Posted by Sherry Walker // November 15, 2017

Life would be easy if all tenants paid rent on time, didn’t trash your property or made reasonable requests. Unfortunately, some lessees are deranged and matters could escalate quickly to overwhelming proportions. The amount of work, as you soon realize, is no longer commensurate to the rent being paid.  And if the property is situated […]

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What is a Short Sale?

Posted by Sherry Walker // October 11, 2017

What is a short sale? In real estate, a short sale means selling a house for LESS than the outstanding mortgage on it. It occurs when a property is sold at a price lower than the amount the homeowner owes on the mortgage AND the mortgage lender agrees to the “short” payoff. For example, Mr. […]

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FSBO (For Sale By Owner): Pros and Cons

Posted by Sherry Walker // September 13, 2017

Real agents make a lot of money on their transactions. But as a home seller, of course you want to make as much money as you can from the sale of your house. If you are toying with the idea of going about the transaction on your own, here are the pros and cons you […]

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Pros and Cons of a Short Sale

Posted by Sherry Walker // August 16, 2017

In real estate, a short sale means selling a house for LESS than the outstanding mortgage on it.  In other words, it’s when the homeowner owes more on their mortgage than the home is worth and they can no longer afford to pay off the remaining balance.   For example, Mr. and Mrs. Smith borrowed […]

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Winter Home Improvement

Posted by Sherry Walker // July 12, 2017

High temperatures and a trend that leans toward toasty weather don’t mean winters will be kinder. Get your home ready for the frozen months.  Up your comfort level and save hundreds of dollars with these winter home improvement tips.   The first must-do on your list is an energy consumption audit. The best way to […]

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