06 Apr 2023
By RESCO Realty

6 Money Making Tips For The First Time Home Seller

Real Estate, ,
Today's homebuyers can have specific ideas and personal preferences that influence their decision on what attracts them to a particular property. While some prefer a fixer-upper, many desire a home that’s as close to turn-key as possible. First time home sellers may help expedite the process with these six home selling tips.  Determine Right Listing Price A home priced competitively in its market typically sells faster. Professional REALTORS® know the area and look at comparative listings to help determine the right listing price. First time home sellers often think their home should list higher, and this can turn away buyers.…
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05 Apr 2023
By RESCO Realty

Thinking Of Renovating? Cash-out Mortgage Refinancing Might Be the Best Way to Fund It

Real Estate, ,
If you are a homeowner thinking about a significant home renovation, you have probably already considered your budget. As with any large project, you need to have the ability to pay the expected costs plus have a little bit extra set aside, just in case. The great news is that if you are a homeowner with a mortgage, you may qualify for cash-out refinancing, which can be a helpful way to leverage some of your home equity to cover renovation costs. In today's blog post we'll explore the topic of cash-out refinancing and how this unique financial product can help…
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04 Apr 2023
By RESCO Realty

What Are The Benefits And Drawbacks Of Putting 20 Percent Down On A Home Purchase?

Real Estate, ,
Several generations ago, lenders required home buyers to have a 20 percent down payment in order to get a mortgage. While there were a few options out there for people who couldn't save this substantial amount, the reality was that for the majority of people, the 20 percent down was a requirement. It was the way to show that you were financially responsible enough for homeownership. And it was a strong way that the banks felt secure in making a home loan. Today, however, homebuyers have many options available to them as they shop for a new home, and those…
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