Recent Articles by Dian Hymer

Thumbnail 8 tips for buying in a tight market

8 tips for buying in a tight market

It's always hard to predict how long it will take to find a home to buy. Given the current low-inventory environment, it may take you longer than it would in a balanced market that has enough homes for sale to satisfy the current buyer demand. Pat...
By Dian Hymer | Monday, April 1, 2013
Thumbnail Initial walk-through best time to spot red flags

Initial walk-through best time to spot red flags

In the context of a home sale or purchase, a red flag is a warning sign that there might be something serious going on with the property that requires further investigation. For instance, if there are cracks in the foundation, it might indicate th...
By Dian Hymer | Monday, March 25, 2013
Thumbnail Despite improved market, not all sellers are smiling

Despite improved market, not all sellers are smiling

2012 was the best year for home sales since 2007. The inventory of homes for sale dropped, helping to stabilize the market. In most places, home prices appear to have hit bottom for this cycle. The median sale price rose in 2012 as the number of f...
By Dian Hymer | Monday, March 18, 2013
Thumbnail Is it time to move or improve?

Is it time to move or improve?

At some point, you may find that your home doesn't work well for you anymore. You may need more space or a reconfiguration of the floor plan. The decision to remodel or move can be relatively easy in some cases and difficult in others. In one e...
By Dian Hymer | Monday, March 4, 2013
Thumbnail What do home sellers need to disclose?

What do home sellers need to disclose?

Some sellers worry that if they disclose a defect in their property, buyers won't want to buy it. This sometimes happens. But, in general, buyers value a seller's upfront candor because it allows them to make an educated decision about an expensiv...
By Dian Hymer | Monday, February 25, 2013
Thumbnail Investing in curb appeal pays off

Investing in curb appeal pays off

It might seem counterintuitive to invest money in a home you're selling. Wouldn't it be better to save that money for improvements on your next home? Even though the home sale market has improved impressively, buyers still pay more for homes th...
By Dian Hymer | Monday, February 18, 2013
Thumbnail Tight inventory forcing sellers to make double moves

Tight inventory forcing sellers to make double moves

It's nice to know where you'll be living next before you let go of the home you've been comfortable living in for years. However, not only is this not possible for most repeat homebuyers, it may not be the most financially prudent approach. Len...
By Dian Hymer | Monday, February 11, 2013
Thumbnail Improve your chances in multiple-offer situations

Improve your chances in multiple-offer situations

Some buyers in hot markets with a low inventory of homes for sale are losing out over and over in multiple-offer competitions. You can improve your chances of having an offer accepted by clearing up any issues that might cause a seller to look ...
By Dian Hymer | Monday, February 4, 2013
Thumbnail Common surprises in real estate negotiation

Common surprises in real estate negotiation

Purchase offers usually aren't accepted as written. Commonly, buyers and sellers engage in the equivalent of a tennis match, counteroffering back and forth until they meet a mutually agreeable purchase contract. At this point, you might be incline...
By Dian Hymer | Monday, January 28, 2013
Thumbnail 4 reasons your home isn’t selling

4 reasons your home isn’t selling

There's a buzz in the air. The real estate market has improved and may be on the road to recovery. But the improvement in the housing market is not treating all home sellers equally. Some well-priced listings in prime locations are selling with...
By Dian Hymer | Monday, January 21, 2013
Thumbnail Real estate is still local — and cyclical

Real estate is still local — and cyclical

Homes prices were up nationally in 2012 from a year ago. According to the S&P/Case-Shiller Home Price Indices, home prices continued to rise in the third quarter of 2012, marking six months in a row of increases. The national composite index w...
By Dian Hymer | Monday, January 14, 2013
Thumbnail 6 tips for buying a fixer-upper

6 tips for buying a fixer-upper

Several years ago, when the housing market was mired in the worst recession since the Great Depression, buyers shied away from houses that needed work. The buyers who weren't put off from buying completely were interested only in turnkey homes ...
By Dian Hymer | Monday, January 7, 2013
Thumbnail Don’t lower your standards just because homes are scarce

Don’t lower your standards just because homes are scarce

In low-inventory markets that are now common in many areas of the country, buyers might be prone to jump at a listing they wouldn't even consider if there were a lot of homes for sale. This desperate approach to homebuying could cause you proble...
By Dian Hymer | Wednesday, January 2, 2013
Thumbnail 5 signs your agent is overstepping his expertise

5 signs your agent is overstepping his expertise

All professions have practitioners who provide exemplary service and others who are not so good. Such is the case with residential real estate. While most agents are ethical and abide by the rules, a few seem more interested in earning a commis...
By Dian Hymer | Wednesday, December 26, 2012
Thumbnail 5 things to know about a home before committing to buy

5 things to know about a home before committing to buy

Your due diligence inspections should include more than hiring a home inspector to look at the home and reviewing a current termite inspection. And your due diligence should start as soon as you have serious interest in a listing. Making an offer ...
By Dian Hymer | Monday, December 17, 2012
Thumbnail Don’t let conflicting inspections kill your sale

Don’t let conflicting inspections kill your sale

Very little that has to do with buying and selling residential real estate is black and white. This is often evident when inspections are done. And inspections are a critical part of a home sale transaction. Buyers usually make offers to buy a home...
By Dian Hymer | Monday, December 10, 2012
Thumbnail Crunching the numbers on a refi

Crunching the numbers on a refi

Unless you're a serial refinancer -- someone who refinances whenever rates drop 1/4 to 1/2 percent -- you may not be aware of the mounds of documentation required to refinance a home. Get ready for a tedious process. It may be worth the hassle ...
By Dian Hymer | Monday, December 3, 2012
Thumbnail Holiday home sale can work in seller’s favor

Holiday home sale can work in seller’s favor

Year end seems like an odd time to sell your home. However, it has been a long time since we've seen a home sale market that approximated normal. So, I wouldn't necessarily abide by the guidelines that applied to another time. 2011 was a lackluster...
By Dian Hymer | Tuesday, November 27, 2012