July 24, 2024

Rent or Sell? Cash Flow is Key

So you are planning on moving and are mulling over the big decision of whether to keep your current place and rent it out or to sell it. For most people the answer is easy as they have to sell it to be able to buy the next place. For those in the position of not having to sell, the question is should you? In this post I'll give you a few questions to ponder and a short cash flow calculator to give you a clearer picture of the costs involved.
September 4, 2024

9 Key Factors That Will Get Your Condo Sold Fast

Selling a condo quickly in a competitive market requires more than just listing it on the MLS and waiting for offers. In today’s real estate landscape, getting a fast sale means paying attention to several critical factors that can make or break a deal. Whether you’re preparing to list your condo or wondering how to attract more buyers, these 9 key strategies will help you stand out, generate interest, and get your condo sold fast. From pricing to presentation, these actionable tips will ensure your property catches the right buyers’ attention and leads to a successful sale.
September 19, 2024

The Interest Rate-Condo Price Connection

Low interest rates, while often seen as a driver of real estate transactions, can also discourage homeowners from selling their properties. Many owners secured their homes during a period of historically low mortgage rates. These favorable rates made owning a home more affordable by reducing monthly mortgage payments. If they were to sell, they would likely face much higher interest rates when purchasing a new home, leading to significantly higher monthly payments. This "rate lock-in" effect causes homeowners to think twice about selling,
May 10, 2024

The Scorekeepers: The Credit Agencies That Know Your Financial Secrets

If you’ve ever applied for a loan, credit card, or mortgage, chances are the lender has checked your credit report with one or more of these agencies. Understanding how these agencies work and what information they collect is vital for anyone interested in managing their credit and financial well-being.