Alex Price Real Estate Broker

Video: What is a Mortgage Rate Lock?

Tuesday Sep 27th, 2022

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What is a Mortgage Rate Lock? Mortgage rates are constantly changing… so locking in a rate with your lender is usually a good idea. With a mortgage rate lock, your lender commits to honor a specific interest rate for a specific period of time. If market rates rise after the rate is locked the lender will honor the lower locked rate. However, if rates fall after the rate is locked the borrower probably will not be able to take advantage of the lower rate. A rate can be locked... [read more]

Video: Reasons Why Some Home Sales Fall Apart

Friday Sep 23rd, 2022

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Reasons Why Some Home Sales Fall Apart A real estate contract isn’t a sure thing. There is a period of time prior to the closing that the transaction can fall apart. Here are some of the most common reasons why. Home Appraisal Issues: Most lenders require an appraisal prior to lending and the loan is based on the appraised value of the home. If the appraisal comes in lower than the sales price, the buyer can pay the difference, get another appraisal or the seller can lower the... [read more]

Video: Key Steps in Home Selling Process

Tuesday Sep 20th, 2022

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Key Steps in Home Selling Process If you are considering selling your home but not sure of the process, here are the key steps involved: First, choose a REALTOR to help you. Next, consult your REALTOR to understand what your home is worth and what a reasonable asking price would be. Ask them for suggestions on ways to make your home most appealing to potential buyers. Once you sign the listing agreement and complete the seller disclosure report, your REALTOR will begin to market... [read more]

Video: Ways to Know You’ve Found the Right House

Friday Sep 16th, 2022

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Ways to Know You’ve Found the Right House Almost every home buyer has fears about making the wrong decision as they look for a new home. Here are some signs to recognize that the “right home” has come along. You want to go inside. This is a sign that something about this particular house appeals to you. The moment you enter, the house embraces you. You feel the warmth and comfort and imagine yourself living there. The home meets your basic needs list…... [read more]

Video: Thinking About Buying A Fixer Upper?

Tuesday Sep 13th, 2022

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Thinking About Buying A Fixer Upper? Thinking about buying a fixer upper? Homes that need work can be great investments, especially if you can purchase them below market price. But stay away from upgrades that won’t add value to the home. If a house needs major repairs to its plumbing, electrical, foundation or roof, keep in mind that fixing major flaws can really eat up your renovation budget… and these types of renovations hardly ever raise the value of the home enough... [read more]

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The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by CREA and identify the quality of services provided by real estate professionals who are members of CREA.