COVID-19: Our Realtors® Put Public Safety First

NextHome takes the COVID-19 pandemic very seriously. Please visit the websites of the Centers for Disease Control (CDC), North Dakota Department of Health (NDDoH), and Minnesota Department of Health (MDH) for regular status updates about COVID-19. 

There is no shortage of uncertainty in the world these days. NextHome Legendary Realtors® are putting the health and safety of our clients, customers, associates, and the general public above all else.

We hope you do the same. Continue reading

Closing Costs

What Are Closing Costs and How Much Are They?

 | Aug 20, 2019

Posted from Realtor.com

When you get a mortgage to buy a home, you’ll have to pay closing costs: These fees, paid to third parties to help facilitate the sale of a home, typically total 2% to 7% of the home’s purchase price. So on a $250,000 home, you can expect the amount to run anywhere from $5,000 to $17,500.

Now that you have a sense of the ballpark numbers, here’s everything home buyers and home sellers need to know about closing costs.

Who pays closing costs, and when?

After saving up to purchase a new home, getting pre-approved, and making a down payment, it’s hard for buyers to accept that they’ll have additional out-of-pocket expenses. Some good news, then, is that both buyers and sellers typically pitch in to cover closing costs, although buyers shoulder the lion’s share of the load (3% to 4% of the home’s price) compared with sellers (1% to 3%). And while some expenses must be paid upfront before the home is officially sold (e.g., the home inspection fee when the service is rendered), and others, like property taxes and homeowners insurance, are recurring, most are paid at the end, when you close on the home and the keys exchange hands.

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Realtor.com: 6 Reasons Why Selling a House in the Winter May Be the Best Decision Ever

 | Oct 8, 2018

Posted from Realtor.com

Spring is generally the most popular time of year to sell a house, with hordes of buyers looking to move into a new place before the school year begins. But if you decide to sell your home during the winter, experts say you could reap a reward in cold, hard cash.

“I have personally had my best months in real estate during the holiday season, so the idea that the markets are very tough to sell in the winter might be a myth,” says Emil Hartoonian, managing partner of The Agency in Beverly Hills, CA.

He’s not the only one who believes selling in the winter can make you a real estate winner. Read on for the top reasons why you should consider unloading when the temperatures drop. Continue reading

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Find your #NextHome in the PERFECT neighborhood using “Commute Time” on NextHome Mobile Connect

“Everyone has an app. What makes yours so special?!”

I love this question! And anyone who asks is absolutely correct. Nearly every real estate company has a mobile app. Some are custom built; most are similar variations on the same platform.

And they do exactly as they’re advertised to do: search and filter listings based on price, bedrooms, bathrooms, time on the market, etc.

We download and use every mobile app for all real estate companies in the Red River Valley (plus those from all major real estate companies, like Realtor.com and Zillow.) All fine products; some offer more search criteria and perform better than others.

But one product rises above all else: NextHome Mobile Connect.

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Realtor.com: The One Thing Home Sellers Forget to Hide Before an Open House

 | Nov 5, 2019

Published from Realtor.com

When getting ready to sell your house, there’s a lot to worry about—home staging, repairs, keeping rooms tidy for home tours, and more. But there’s also one important thing that many sellers forget to do: hide their prescription drugs.

Sorry to break it to you, but some “buyers” touring your home might just be rooting around for valuables, and you might be surprised by which medications fit the bill.

Here’s what sellers need to know about the risks of prescription drugs at open houses, and how to keep all of their belongings safe. Continue reading