October 2023 Real Estate Roundup
Ten months down and two more to go in 2023 and it has been an interesting year for real estate. Mortgage interest rates touching 8% has put a damper in some markets whereas in other markets things still seem to be selling and selling quick. Investors are pulling back in their purchases, though for the right deal there are buyers ready to buy. Read on for some of the great real estate articles from October 2023.
Who Gets The Earnest Money With a Failed Deal
When a real estate transaction goes south for whatever reason the buyer’s earnest money can be up for grabs. The buyer certainly would like to get the money back, but they may not be entitled to get it back as Bill Gassett explores. Depending on how the contract was written and the reason for the home purchase falling apart the seller could also be entitled to the earnest money. Learn about the different situations with which earnest money can go and how it works.
Unique Mortgage Programs to Know About
Knowing about some of the non-standard mortgage programs can be helpful to those for whom the traditional mortgage may not apply. There are a few different mortgage programs that buyers trying to buy for family members, VA second-tier entitlement, and those looking to have rent be counted might want to consider as Luke Skar explains. These programs offer different benefits and features that should be explored to make sure one is getting the best options for their situation.
How to Maintain a Sewage Ejector System in Your House
Some homes, due to being situated below the street sewer line have a sewage pump ejection system to help get sewage out of the home and into the sewage line. Properly maintaining a sewage pump and the attached systems is important and allows the homeowner to keep using the drains without concern. A sewage ejector pump that fails can quickly bring the household water use to a standstill since if the sewage ejector basin overflows there will be a big stinking mess to deal with. In this article by Paul Sian he covers some of the main ways to make sure a sewage ejection system is in good working order.
Tips For Understanding the Home Buying Process
Buying a home can be a confusing process with dealing with lenders, home inspectors, appraisers, insurance companies and more. It is a multi-step process that requires attention to detail and this article by Kevin Vitali provides a guide to the home buying process. Missing any critical step can mean a failed attempt to buy a home, getting a bad quality home or paying more than one should be paying by getting bad lending advice. Home buyers should go in with all the knowledge available as a first step when buying a home.
Plumbing Issues You Can Do & Ones to Avoid DIY
Water is essential to home life and water problems are a must avoid. Water in the wrong places can quickly make an otherwise great home unlivable. Homeowners can take on some water related repair tasks to help keep things in good working order whereas on the other hand some jobs may be too big to tackle for the average homeowner as Michelle Gibson explains. Bringing in experts when needed will not only save time but can save a lot of hassle and money when the repairs are done correctly the first time around.
17 Luxury Budget Update Ideas For Your Bathroom
Have a tired/dated bathroom that needs a refresh? This article from Karen Highland provides seventeen ways one can update the bathroom with an emphasis on budget friendly ideas. From things like refreshing the paint, changing out fixtures, painting the vanity, redoing the flooring and more. Even modest updates can change the look and feel of a bathroom. Updated bathrooms can also improve the value of a home, making it more attractive to
Nosy Neighbors Got You Down?
Sometimes nosy neighbors can make an otherwise enjoyable house not that great to live in. In this article by Alex Capozzollo he provides some tips for dealing with nosy neighbors. Sometimes talking to the neighbors could be the solution and for times when that does not work the article provides plenty of solutions that a homeowner dealing with nosy neighbors can consider.
Navigating Laws for Service Animals
Whether you have a service animal or own rental properties where tenants may bring service animals to live with them there are both federal and local laws you need to understand. Especially as an investment property owner or property manager violating service animal laws can lead to steep fines and potential civil lawsuits. In this article by Joe Boylan he provides some insight into service animal laws and how to keep out of trouble.
What other real estate articles from October 2023 did you find helpful? Please share in the comments below.
Real Estate Roundup for October 2023 was provided by Greater Cincinnati Area Luxury Realtor Paul Sian of United Real Estate Home Connections. Paul is a licensed real estate agent in the states of Ohio and Kentucky and has over 17 years of experience. Do you have a home you are ready to sell now in Greater Cincinnati or Northern Kentucky? Be sure to contact me now!