September 2023 Real Estate Roundup
September 2023 Real Estate Roundup
September 2023 Real Estate Roundup

September has come and gone and mortgage rates still remain stubbornly high.  In the hot markets homes are still selling even with the current interest rates.  What do buyers and sellers need to know about this market?  Plenty as these articles in this month’s roundup discuss.  Read on to learn more.

Tips for Selling Your Home in the Fall

With September comes the Fall season.  Selling a home in the fall requires a little different planning than other times of the season.  In this article by Bill Gassett he provides some great tips to sell a home in the fall.  Different temperatures mean making sure the home is comfortable inside regardless of how it is outside.  Pricing also needs to be set properly in order to get sold within a good time frame.

New Construction Mortgage Options

When buying a new construction home the mortgage options can be a little different than what one would use to buy an already built home.  In this article Paul Sian discusses the various new construction home mortgage options one has.  The mortgage options vary based on whether one is buying land on their own and then having a new home built for them or buying a new construction home in an existing new construction development.  The different options need to be understood so the right mortgage is selected.

Pros & Cons of FHA Mortgage

For those looking to buy a home with an FHA mortgage understanding what are the positives and negatives is a good way to make sure you are getting the right mortgage.  Mortgages are long term financial commitments and by getting the best possible rate and term a home buyer can save money over the long haul.  In this article by Luke Skar he provides the pros and cons of the FHA mortgage and what buyers need to know.

How Much Down Payment is Required?

Whereas in the past it was typical to put down twenty percent to buy a home the down payment is not always twenty percent these days.  Kevin Vitali provides a great article which explains the minimum mortgage down payment requirements for the various different types of loans.  Buyers who qualify for VA, FHA and USDA can also see much lower down payment requirements.  There may be benefits as well to paying more down as Kevin explains.

Who Pays for Home Staging?

Sometimes when selling a home, staging can be used to improve the look and the flow of a house.  How much and who pays for home staging is often a question that comes up when discussing staging.  In this article by Alex Capozzollo he explores home staging, what it is and who pays for it.  Home staging can help the marketability of a home by making it shine in online pictures and when buyers walk through the house.  Home sellers need to have a conversation with their real estate agent to determine if it is best for them.

What Does a Title Company Do?

When it comes to buying and selling real estate often times a title company is involved.  Usually the buyer and the seller won’t interact much with the title company until it comes time to close on the property.  Behind the scenes the title company is working on a number of different things to make sure the transaction can close as Karen Highland explains.  From title searches, to title insurance a title company is instrumental in a real estate transaction.  

Pre-Occupancy:  Should You Allow It?

Pre-occupancy is a term that means allowing the buyer of a home being sold to move into the home prior to closing.  Sometimes the buyer has already sold their home and may want to move sooner, other times they are just looking to start moving their stuff in early in order to get a head start.  Whatever the reason the home seller needs to understand everything involved with allowing a buyer to move in pre-occupancy as Michelle Gibson explains in her article..  There are potential risks involved and if the buyer is not able to close as this article explores.

Should a Home Be Sold Off Market?

Selling a home off market, not on a local MLS comes with assorted benefits and negatives.  In this article by Kyle Hiscock he explores whether a home seller should sell their home off market.  By not posting on the MLS a home seller greatly reduces the exposure they have to where many of the buyers will be looking for a home.  Home sellers may have a reason for wanting to sell off market and that is something that should be discussed with a real estate agent so see whether the benefits outweigh the negatives.

What other articles have you found to be helpful?  Do you plan on buying or selling anytime soon?  Share your thoughts in the comment sections below.

Real Estate Roundup for September 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!

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