Wells Fargo Lowers Credit Requirements for FHA Loans

Wells Fargo Lowers Credit Requirements for FHA Loans

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7 Home Renovations That Offer the Best ROI for Resale

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  Before you dive into a home renovation project, think about the goal - are you looking to add long-term functionality now, or just make improvements that will help you sell for more? If selling is in your future, you could spend the next few weeks renovating your home to make it look better, but are you really getting the best ROI? As a homeowner, you want the best ROI. What you don’t necessarily need are the biggest bucks—instead, you want to invest in improvements that give you the most bang for your buck. "The higher the resale price, the more profit you can make and the less of a renovation project you'll have to undertake." If you don't sell it soon after, it may be hard to get top dollar for it and you might end up with a big renovation bill.  The right simple home renovation is a great investment in your future. If you’re looking to get top dollar when selling your home in the future, there are some renovations that'll give you the highest ROI. We'll ...
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Home Buyers May Face Sticker Shock This Spring

DAILY REAL ESTATE NEWS | MONDAY, APRIL 07, 2014 As the spring market heats up, more buyers are finding higher home prices than they may have expected, CNBC reports. “People quite frankly came out and got sticker shock … they picked up the price sheet and saw, ‘Wow, that’s way more than I thought’ because home prices had gone up so much in 2013,” Brad Hunter, chief economist at Metrostudy, told CNBC. Existing-home prices were up 9.1 percent in February above year ago levels, according to the National Association of REALTORS®. Meanwhile, incomes are up just 2.1 percent from a year ago, according to the Bureau of Labor Statistics. Home builders also have been  raising their prices  over the past year. For example, D.R. Horton, one of the nation’s largest builders, announced earlier this year that it planned to raise home prices in some of its markets this spring. In January,  the builder  said the average price of its homes under contract was up 10 perce...
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Winter home maintenance!

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