A HUD home is a 1-to-4 unit residential property acquired by the Department of Housing and Urban Development as a result of a foreclosure action on an FHA-insured mortgage. HUD offers it for sale to recover the loss. Learn how to purchase a HUD foreclosure and search for current listings.
REO is industry jargon for foreclosure property repossessed by banks or lenders. Lenders go to great lengths to sell REOs, which are a liability for them. Find out how to purchase a bank-owned foreclosure and search for current listings.
What do buyers want? It might seem like a simple question, but it can make you rip out your hair if you're trying to prepare your home to sell. Luckily, the National Association of Home Builders (NAHB) creates their "What Home Buyers Really Want" report each year to help sellers all across the country find the answers they need. In this post, you can read a quick overview of the most-desired features in one of the most commonly-renovated areas of any home: the bathroom!
After months of searching for the perfect home, you finally find one that checks all the boxes: great location, lots of curb appeal, and a price that seems too good to be true! In fact, it isn't until the front door swings open and you catch a whiff of cigarettes that you realize why the price is so low. Rates of smoking may have fallen dramatically in the last several decades, but there are still thousands of hopeful buyers who encounter this exact situation every year. According to the CDC, 14% of U.S. adults were active smokers in 2017, which means that there are about 34 million potential home sellers who could be lighting up right now. If you are one of these smokers, you might be interested in learning just how much smoking inside reduces the resale value of your home. Plus, this post lists some of the methods that smokers and nonsmokers alike might want to employ in an attempt to rid their home of that distinctive smell.
All information is believed to be reliable, but is not guaranteed and should be independently verified with a real estate professional. Klacik Real Estate is a member of the National Association of REALTORS® Equal Housing Opportunity.
What do buyers want? It might seem like a simple question, but it can make you rip out your hair if you're trying to prepare your home to sell. Luckily, the National Association of Home Builders (NAHB) creates their "What Home Buyers Really Want" report each year to help sellers all across the country find the answers they need. In this post, you can read a quick overview of the most-desired features in one of the most commonly-renovated areas of any home: the bathroom!
After months of searching for the perfect home, you finally find one that checks all the boxes: great location, lots of curb appeal, and a price that seems too good to be true! In fact, it isn't until the front door swings open and you catch a whiff of cigarettes that you realize why the price is so low. Rates of smoking may have fallen dramatically in the last several decades, but there are still thousands of hopeful buyers who encounter this exact situation every year. According to the CDC, 