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Is a real estate move among your New Year’s resolutions? If so, there are some advantages in selling early in the year. But whenever you do it, successful selling is an art. Here are a few tips to create the…
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Notorious Jersey City Mortgage Fraudsters Face Justice
The office of the U.S. Department of Justice in the District of New Jersey recently made an announcement. Its investigation of a New Jersey mortgage fraud scheme is drawing to a successful close. A Jersey City resident concocted a series…
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Free Speech! The Current Status of Buyer-to-Seller “Love Letters”
So you really, really, want that special home. Will you be the seller’s choice? It’s tempting to gush over the home in a letter to the owner. That way, couldn’t you bond with the owner over your love for the…
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The Case of the Missing Heirs: Could Survivors Claim My Home?
It doesn’t happen often, but it happens occasionally. Someone in a deceased homeowner’s family was missing or unknown. Maybe that someone had a potential interest in the home. So here’s the question. What if a relative decides to make a…
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A Home Seller Wonders: “Should I Lower My Asking Price?”
Struggling to sell? Does it feel as though the potential buyers are all worried about the economy (or about “buying at the top of the market”)? Or maybe they can’t get the loan they’d hoped for, given the recent rise…
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Condos Are Cheaper. That’s Not the Only Reason Younger Generations Want Them
It’s hard to find a starter home these days. Across the United States — and especially where younger generations are hunting — there are rarely listings for less than $300,000, let alone anything that fits the popular image of a…
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The Rise of Accessory Dwelling Units (ADUs)
Housing is in high demand and short supply. With so many hopeful buyers searching for affordable listings, the idea of installing accessory dwelling units (ADUs) is increasingly popular, according to Bankrate. An ADU is a mini home on the same…
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Blockchain in Real Estate: An End-of-Year Reality Check
This year in cryptocurrency, we witnessed the speedy rise and fall of Sam Bankman-Fried (“SBF”), whose $32 billion company FTX filed for bankruptcy in November. After the spectacular crash of FTX, it’s never been clearer: Controlling types who invent new…
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Can Generation Z Buy Homes?
Gen Z (“Zoomers”) are people who were born between 1997 and 2012. A Rocket Mortgage survey says 86% of this generation in the United States is mentally ready to buy homes. Nearly half hope to make their purchases within five…
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Inclusivity Matters: Making Real Estate Accessible
The internet and the smartphone help with all kinds of tasks. But can technology support accessibility at home? Property-related technology, or proptech, can indeed. To start, tech innovations can make housing safer. They can monitor and improve indoor air…
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Insurers Hike Prices, Pointing to Climate. Investors See New Opportunities.
With climate change impacting more and more real estate, insurance keeps getting pricier. As we reported last year, mortgage lenders for coastal homes often expect 40% down payments, just to offset the risks. This year, the insurance tech company Policygenius published…
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Could Blockchain and Artificial Intelligence Remove Bias From the Mortgage Process?
In 2017, a small business came up with a fully online mortgage tool. The founders called it an intelligent mortgage adviser, and named it Home Lending Pal. It’s meant especially for first-time home buyers. The platform uses artificial intelligence (AI)…
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We Compare Streaming TV Services Before Subscribing. What About Our Mortgages?
Homes are pricey. Mortgage rates are up. Borrowers are concerned, and mortgage companies have good reasons to work hard for new customers’ business. So, isn’t it time borrowers researched our mortgages before signing up? Yet so few of us do.…
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The Truth About Buying a Home in Winter
Spring is high season for home sales. But buying in winter means settling down in time to watch the garden bloom in a new home. There’s a lot to be said for that. In the northern latitudes, home shopping can…
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Can Tech Make Real Estate Affordable?
Owning a decent, healthful, attainably priced home should be possible for everyone. Buyers in the modest- and middle-income categories should be able to achieve homeownership. After all, buying a home is considered a key to building up a store of…