At auctions, you can expect auctioneers to be talking a mile a minute and buyers quickly waving their paddles in the air. Although the process is fairly simple there are many terms that an inexperienced bidder wouldn’t know. Knowledge of these common auctioneer terms can be the key to success: Auction chant Known as… Read more »
Before purchasing your first home, you’ll want to focus on a few very important steps of the home buying process. After stabilizing your credit, determining what you can afford, and researching all costs, you’ll be ready to get into the more exciting aspects of choosing your first home. Stabilize Your Credit Your credit score is… Read more »
Trying to buy or sell a home or property on your own can become a headache and a hassle. What if few, if any, people are interested in it? How are do you find the right buyers? An auction, on the other hand, is about bringing like-minded people together for a purpose, and auctions… Read more »
Why are auctions exciting endeavors? It comes down to a study of human psychology. We don’t generally tell others that we secretly revel in winning something while others lose, but face it: that’s often the truth! Auctions give us a chance to potentially acquire something we want for a price lower than we thought we’d… Read more »
Back in 1987, when Smith and Company first got started, the average cost of a new house was $92,000 and the average income was $24,350 a year. Monthly rent for an apartment would run you about $395 and a brand new car cost about $10,300. Can you imagine this: gas for the car was 89… Read more »
Trying to buy or sell a home or property on your own can become a headache and a hassle. What if few, if any, people are interested in it? How are you supposed to inform others that you’ve got something for sale or that you have a certain kind of place in mind to buy?… Read more »
Real estate auctions are very common, especially recently with the surge of foreclosures. A potential homebuyer can certainly purchase a great home from auction at a very affordable price. However, there are things you must know about the auction process and how to approach this circumstance appropriately. Before you attend your first real estate… Read more »
Before you put a bid on your “affordable” dream home, you have to take into consideration an important factor that can drastically change the affordability of a home: the property taxes. What are property taxes? A property tax (or millage tax) is a levy on property that the owner is required to pay. The tax… Read more »
Benefits, Tips, and Tricks The traditional viewpoint is that homes are bought and sold through a series of open houses, meetings with realtors, house showings, negotiations, home inspections… the list goes on. But there are easier ways to sell and purchase properties! Through real estate auctions, both the buyer and the seller have a much… Read more »
There has probably been a time when unanswered questions about the history of your home have wavered into your mind. While an inspector can certainly inspect the home’s bone structure, they cannot tell you about the history of the home. Some questions you might be pondering are, who lived here before, what remodeling has been… Read more »
