Nancy Elieff
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08/17/2021
In May 2021, 5.8 million existing single-family homes were sold in the U.S. That’s a 45% increase over the 4 million homes sold in May 2020! 😮
But thanks to rising prices and a shortage of available properties, May 2021 was also the fourth straight month so see a decline in home sales 📉
Experts predict total home sales to finish 3.8% over last year, but forecast a slight decline of 2.2% sales volume in 2022 🔮
What does this all mean for you? Find out in our latest blog post ➡️ http://nancyelieff.myagent.site/5-factors-that-reveal-where-the-real-estate-market-is-really-headed/
08/10/2021
What is Title Insurance 🤔❓
Most lenders require title insurance, which protects them from claims such as liens, easements, and flawed records that can come up even years after a transaction.
💡 TIP: Buyers can also purchase their own “owner’s title insurance,” which is a one-time fee that protects you from any financial burdens, such as back taxes.
Although you may cringe at another cost, this is an important one that protects your ownership rights!
Our best advice? Contact our team for a ✨ free consultation ✨ to ensure you don’t miss any important legal requirements if you’re buying or selling!
Think buyers will pay whatever you want to set your list price for? 💸 You may be surprised! 😲
Don’t forget the bank will send an appraiser to determine the fair value for your house and will not lend more to the buyer than what it’s worth.
Which can result in a strong offer fizzling out quickly.
Whether you’re buying or selling, the appraisal is a major hurdle in a rapidly appreciating market. But it’s important to remember: you don’t need to manage this process by yourself!
Reach out to our team so you have the expert guidance needed to navigate this market and reduce your stress 😬➡️😎
Should you buy a home in a seller's market?
We're getting this question a lot these days. So, here's ...
With inventory at record lows, demand surging, and prices on the rise, buying a home can be challenging.
But have no fear! Nothing’s impossible with an experienced agent in your corner! 👏👏👏 You just need a little forethought and creativity (we can help with this)!
If you're hoping to buy this summer, watch 👀 for three tips that can help you see success!
Click here to claim your Sponsored Listing.
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299 N. Euclid Avenue
Pasadena, CA
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