13 Sep 2024
By RESCO Realty

How Buying or Selling a Home Benefits Your Community

Housing Market, ,
When you think about buying or selling a home, your focus is often on the personal benefits, finding the perfect place to live, or getting a good return on your investment. However, these transactions do more than just impact your life; they also have a positive effect on the entire community. Here’s how buying or selling a home can benefit your local area. 1. Boosting the Local Economy Real estate transactions are a significant driver of economic activity. When you buy or sell a home, a whole host of local businesses benefit, from real estate agents and home inspectors to…
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11 Sep 2024
By RESCO Realty

Why Moving to a Smaller Home After Retirement Makes Life Easier

Homebuyer Tips, ,
As retirement approaches, many people start to rethink their living situation. While the home where you raised your family holds countless memories, it might not be the most practical place to spend your golden years. Downsizing to a smaller home after retirement can make life easier in several ways, offering both financial and lifestyle benefits. Here’s why moving to a smaller home might be the right choice for you. 1. Lower Maintenance and Upkeep A smaller home requires less maintenance, both inside and out. With fewer rooms to clean and a smaller yard to manage, you’ll have more time to…
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06 Sep 2024
By RESCO Realty

7 Commonly Asked Questions About Home Appraisals

Homeowner Tips, ,
When buying or selling a home, a crucial step in the process is the home appraisal. It helps determine the property's fair market value, which can significantly influence financing and negotiation outcomes. Whether you're a first-time homebuyer or a seasoned seller, understanding the appraisal process is key. Here are seven commonly asked questions about home appraisals to guide you through. 1. What is a Home Appraisal? A home appraisal is an unbiased estimate of a property's value conducted by a licensed appraiser. Lenders require an appraisal to ensure the home is worth the loan amount being requested. The appraiser assesses…
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