The Preferred Blog
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Avoid costly surprises: Check your liens, heirs, and encroachments first
Buying a home is exciting! That is until a few surprise liens, a property line dispute (encroachments), or a few long-lost heirs pop up. These title issues (or title defects) can delay your closing, increase your costs, or even jeopardize your deal closing. So, how do we navigate these possible hidden issues? A thorough title search usually does the trick. Like a time-traveling detective, a good title search can dig into a property's past to...
Building Your Dream Team: Key Players in the Homebuying Process
Buying a home is a team effort, involving multiple steps and a deep understanding of detailed information. While research is valuable, it can never replace the experience and expertise of industry professionals. That’s why it’s essential to assemble a knowledgeable...
Identifying and Avoiding Real Estate Fraud: What to Look For & How to Protect Yourself
As fraud continues to target real estate transactions and divert settlement funds, it’s crucial for everyone involved to remain vigilant at all times. This blog highlights various forms of fraud and offers tips to help you avoid being scammed. PHONE CALL SCAM "Hello,...
Unlocking Savings: The Benefit of Refinancing Your Mortgage in Today’s Market
Have you bought property since 2022, when mortgage interest rates surged from around 3% to nearly 8%? If so, you might be one of millions of Americans who could benefit from refinancing the mortgage on your primary residence, vacation home, or investment property....
Navigating Homeownership Challenges: The Struggles of First-Time Buyers in Today’s Market
The number of homes available for sale per renter household in the U.S. is hovering near historic lows, underscoring the challenges that first-time buyers face in the current housing market. Currently, there are approximately 30 renter households for every available...
Debunking Common Myths About Homebuying: Setting the Record Straight for a Smoother Journey
There are several myths about homebuying that can be quite intimidating in today’s market. Myth # 1: It's not a good time to buy because home prices are likely to crash. Reality: Home prices aren’t likely to crash. While home prices vary by locale, nationally, home...
A Greener Future for Real Estate
The demand for sustainable and innovative real estate construction is on the rise. Consumers, industry leaders, and legislators alike are seeking greener options, from biodegradable materials to renewable energy. As a result, builders, contractors, and...
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