Suzanne's Blog

Common Mistakes When Closing on a Home

By Suzanne Volkman | Oct 19, 2022

Ever notice that when you’re unprepared, it heats up stressful situations? Take the preclosing stage of the home buying process. You may keep thinking about the money at stake, while forms, disclosures, and reports fly at you. It’s enough to overwhelm anyone. Anyone who isn’t well prepared, that is. You can get a head start, […]

Read More

Quick, the Appraiser Is at the Door!

By Suzanne Volkman | Oct 19, 2022

Take the listing? Check! Sell the home? Check! Inspection completed? Check! Appraisal okay? Things could have gone better! What happened? Everyone benefits when appraisers and listing agents work together. Often a low appraisal value could have been avoided if all parties knew their roles at the beginning of the assignment instead of at the end. […]

Read More

As the Housing Market Corrects, Is It Better To Rent or Buy?

By Suzanne Volkman | Oct 19, 2022

Q:I’ve heard the housing market is ‘correcting’ and home prices are falling. However, mortgage rates and rents keep going up. So should I wait to buy until prices go down further and rent now instead? Whether to rent or buy a home has long been on the mind of potential homebuyers. Soaring mortgage and rental […]

Read More

Tax Breaks for Older Couples Who Sell Their Homes

By Suzanne Volkman | Oct 3, 2022

Consider Irene, who recently became a widow when her husband, Henry, died. Like most married couples, they held the title to their home in joint ownership with the right of survivorship. In plainer language, this means that co-owner Henry’s death results in his loss of all ownership in their dwelling. Surviving co-owner Irene automatically acquires all […]

Read More

5 terrible reasons to refinance your mortgage — that have nothing to do with today’s rising rates

By Suzanne Volkman | Oct 3, 2022

After years of record-setting low mortgage rates, the days of easy loans are long gone. But even with rates on the rise, there are plenty of excellent reasons to refinance your mortgage — like changing the length of your loan, switching from a variable to a fixed rate or tapping into your home’s equity. Americans are facing a […]

Read More

How to Move Past Student Debt — and Into a Home

By Suzanne Volkman | Sep 30, 2022

You want to buy a house. But you’re worried you won’t qualify for a mortgage because of your student loan debt. You’re not alone. Half of non-homeowners (51%) say student loan debt is delaying them from buying a home, according to a survey from the National Association of REALTORS®. That number jumps to 60% for […]

Read More

7 Most Popular Bathroom Upgrades

By Suzanne Volkman | Sep 24, 2022

Homeowners are spending more money to spruce up their bathrooms as the pandemic-fueled home renovation boom continues. The national median spend for bathroom renovations jumped nearly 13% year over year to $9,000, according to the 2022 U.S. Houzz Bathroom Trends Study, a survey of more than 2,500 homeowners who are planning or recently completed a bathroom […]

Read More

Chasing The Ball Down The Road In Real Estate

By Suzanne Volkman | Sep 21, 2022

Sellers have been chasing the ball down the road. What I mean is prices have been going down lately, and sellers are trying to find the market through price reductions. I can’t speak for the entire country, but I’d like to talk about what’s happening locally. I’m not writing as a housing bull or bear […]

Read More

Inflation and Interest Rates are Rising, What The Future Looks Like for Housing Market Buyers

By Suzanne Volkman | Sep 21, 2022

Expert Advice for First-Time Home Buyers and Homeowners We have asked expert financial and real estate bloggers for their advice to help first-time homebuyers and homeowners looking to sell. Here are their thoughts: 1. Focus on How Long You Plan to Own the Home Greg Wilson, a Chartered Financial Analyst with 22+ years of real […]

Read More