Real Estate

Real Estate Jargon

Real Estate Jargon to know before buying your first home

Buying a home involves its own language. Don’t let the jargon intimidate you. Here’s a guide to the terms you may encounter when you begin the home-buying process. Housing Terms 1 BD/1 BA — One bedroom, one bathroom DR — Dining room FP — Fireplace FB — Full bathroom. A bathroom with a toilet, sink and shower and/or bathtub. HB — Half bathroom. A bathroom with only a toilet...

Benefits of Buying vs. Renting

Benefits of Buying vs. Renting

Deciding whether to buy a house isn’t an easy choice. What are the advantages of buying a house vs. renting? Let’s first consider the pros of renting. Buying Vs. Renting Advantages of Renting More freedom to move. Hoping to downsize? Thinking about changing jobs soon? Want to backpack around Europe for a year? Renters can pick up and go for the most part. It’s easier to get out of a lease than...

For Sale By Owner

8 Tips for Sale by Owner

Are you tempted to stake a “For Sale by Owner” sign in your yard? After all, you’d save the commission. If you can sell your house yourself, you could save a potential $8,925 if you sell your house for $178,500, the recent median single-residence home sale price in Arkansas. Of note, the median price of homes in Fayetteville is $186,200; Rogers is $168,200, and Springdale is $146,600. But selling...

House not Selling

Four Reasons Homes Don’t Sell

Have you ever wondered why you haven’t been able to sell your house? Here are some top reasons why many homes don’t sell. 1. Bad Marketing In the past 20 years, computers and the internet have changed the face of real estate. Most agents haven’t kept up. According to the National Association of Realtors (2014 study), 96% of all home buyers now use the Internet for house hunting. Less than 7%...

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