Last week I wrote about various benefits you may get in a corporate relocation package when you need to sell a house. Today we’ll cover benefits you may receive if you’re buying a home in your new location. In all cases, you’ll work with a real estate agent to find your new home. If you know of a specific agent that you’d like to work with, tell your relocation company that agent’s name and their
The end of the year is always busy with professionals relocating for work, as hiring managers rush to use the remainder of their budget or as they prepare for new budget funds that will be available with the coming of a new year. When you receive your job offer from an employer and you need to move a substantial distance away from your current location, you’ll typically be presented with a relocation package. This will
If there’s one mantra that you’ll hear from the real estate community, it’s that “Real Estate is local.” We don’t want you looking at what’s going on in California and Arizona and extrapolating that the same behavior is happening in your market. Because most likely, it’s not. Each market reacts differently based on the local economy, housing stock, demographics, and a host of other factors. Unfortunately, I believe there is another equally important phenomenon that
Right now, many sellers are finding that they’re not exactly getting what they thought they would when they try to sell their homes. In some cases, sellers are deciding to forego an immediate sale at a price they find less than palatable, and instead focus on renting their homes, as they try to wait out the market. Renting isn’t always the optimal choice for a seller because it doesn’t free up liquidity if they need
Trek #3 out to New Milford for appraisal class. At least I only paid $2.99 a gallon for gas this week. Today I learned about 2 of the 3 different approaches to appraise different types of properties; the Sales Comparison Approach and the Cost Approach. Next week we’ll learn about the third approach, the Income Approach. Really fascinating stuff to the lay person, I know. But now I know that if I want to appraise