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Understanding the Basics of Buying Your First Home - Part 2 - Researching and Finding Your Dream Home

Eppraisal

Now that you've assessed your financial readiness, obtained a pre-approval for a mortgage, and engaged a real estate agent, it's time to dive into the exciting process of researching and finding your dream home. In the first blog of our series, we covered the basics of preparing yourself for buying your first home.

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Divorce and Selling a Home: What You Should Know

Lamacchia Realty

Prior to splitting the profit, at which point capital gains taxes may apply, the mortgage must be paid off as well as any equity lines, broker fees, and other closing costs must be paid off. If you’re interested in finding out the current market value of your home, click here for our free and instant home evaluation tool.

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Price Adjustments in this New Housing Market

Lamacchia Realty

In early March it was becoming clear that the market was changing from a frenzied post-pandemic scene to one where rising mortgage rates would slow it down and help inventory finally rise back up. Rising prices weren’t favorable but with historically low mortgage rates , they were still affordable for buyers. They are right.

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Price Adjustments and the 2023 Market

Lamacchia Realty

PRICE ADJUSTMENTS AND THE 2023 MARKET In March 2022, it was clear that the market was changing from a frenzied post-pandemic scene to one where it was assumed that rising mortgage rates would slow it down and help inventory finally rise back up. Real estate websites set up their property search tools with price brackets.

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Price Adjustments in 2021: Tis the Season

Lamacchia Realty

Due to the lingering impact of COVID and the log jam it caused in the 2020 spring market , price adjustments were lowest in 2020 and are now even lower in 2021 with supply so tight. Along with comps and the Target Pricing Model, price brackets are a helpful tool to use when adjusting the price of your home. They are right.