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Is Your Springfield Mortgage Underwater? Here’s What to Do About It

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When your mortgage is underwater, the amount you owe on the mortgage loan is more than the property’s current market value. So, of course, it’s best to ride out the changing real estate market and stay in the home for several years to allow equity to build. However, many motivating factors lead homeowners to sell, … Continued

How to Sell a House With No Equity in Springfield

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Equity is a driving force in building wealth, and selling your house before building any equity can be disheartening and sometimes leaves sellers owing money at the closing table. So read on as we explore selling a house with no equity in Springfield. Short Sale After attaining the approval of their lender to sell for … Continued

5 Things Seniors Should Know About Downsizing Their Homes in Springfield

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There are many advantages in owning smaller properties for senior homeowners. Many find much less space is desirable during their golden years. Cleaning and maintaining less home equates to less overall work and lowers expenses, some rather dramatically. The decision on how you sell your larger home needs to include all of the potential costs … Continued

What You Need to Know About Inheriting Real Estate in Springfield

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Inheriting real estate is rarely as wonderful as it may appear in movies. The responsibilities that come along with this gift can be extremely overwhelming, especially if it is an older property in a state of disrepair. While your loved one or close friend may have had the best of intentions, often the property is … Continued

5 Ways the Springfield Real Estate Industry is Changing in 2023

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While some basics about real estate will never change, the industry is constantly modified to keep in step with economic changes, updates to industry standards, technological advances and shifts in real estate trends. Along with all this, lawmakers are continually updating the tax codes which affect real estate transactions. Keeping your eyes on the horizon … Continued

How a Hybrid Agent Can Help You Buy the Perfect Property in Springfield

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Naturally, you want to buy the perfect property in Springfield. But, for many buyers, their first thought is to find an excellent real estate agent to help them find their new home, unaware of how working with a hybrid agent offers advantages over the traditional option. Primarily, buyers seek the guidance of those experienced with … Continued

5 People to Partner With When Selling Your House in Springfield

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When selling your house, you will encounter many people and potential buyers walking through during showings. For those considering listing on your own to save money, you should know that the abysmal statistics show that only 8 percent of successful home sales are FSBO. They sell for much lower than they would with an agent; … Continued

What Springfield Real Estate Buyers and Sellers Can Expect in 2023

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A renewed focus on homeownership brought about by the pandemic changed the perspective of the population that would generally be renters. As a result, Springfield real estate investors should be aware that this driving force is now cooling and consider adjusting their investment strategy accordingly. So read on as we explore what Springfield real estate … Continued

3 Things You Should Know About Inheriting Real Estate in Springfield

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It may sound exciting to have inherited real estate. However, quite often, the reality of inheriting real estate from well-meaning loved ones or friends isn’t pleasant, rarely is the property pristine and free of debt. Therefore, it’s beneficial to consult an attorney and accountant experienced in real estate, whether you have inherited the property alone … Continued

5 Signs it is Time to Sell Your House in Springfield

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Selling your home is a big decision, and there’s no guidebook to let you sellers know they’re making the right choice by selling now. However, life has a way of evolving, and sometimes we too must make changes to accommodate life, including selling our home to live in a space more suited to our current … Continued
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