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How Changes to FICO Scoring Could Impact Buyers
The way FICO scores are calculated is changing this summer, and the move could make it tougher for some Americans to get approved for a mortgage, The Wall Street Journal reports. Fair Isaac Corporation, more commonly known as FICO, will soon start more harshly penalizing the scores of consumers who have rising debt levels or who fall […]
3 Staging Trends That May Turn Off Buyers
Home staging can show off a home in its best light. Adding simple, updated decor can make a space feel warm and inviting. But there are a few popular trends in home design that stagers say you should avoid when prepping a home for sale: Too many mixed metals Mixed metals are a hot home […]
Major Loan Types Every Homebuyer Should Know
Buyers must choose between fixed-rate and adjustable-rate mortgages, and they’ll have to determine if they want a conventional or government-backed loan.
January Expected to Be Hot for Home Shoppers
The busy home-shopping season will start early in January this year, according to forecasters.
Why Millennials Love Mid-Century Modern Homes So Much
Mid-Century Modern design gets name-dropped a lot these days and can be seen everywhere from the Museum of Modern Art to the Target catalog.
iBuyers: What you need to know about selling your home with an online investment firm
Key insights:
Large online investment firms known as “iBuyers” provide automated offers to home sellers.
Before selling with an iBuyer, homeowners should know how their algorithms work to generate offers — and how these offers may differ from a traditional buyer’s offer.
New data shows that selling to an iBuyer could cost the seller 2-3 times more than when they sell with a traditional real estate agent who earns a commission.