Marketplace Homes Blog

Welcome to the official blog of Marketplace Homes, where we discuss everything relevant to real estate, including market trends, new construction homes, investments, buying and selling homes, home living, and what's happening in our company!
What is the MLS? | Multiple Listing Service

What is the MLS? | Multiple Listing Service

What is the MLS? – Multiple Listing Service Defined, and More Real Estate Terms Are you new to the real estate industry? Are you an up-and-coming real estate professional, or an individual looking for homes for sale, rentals, or to sell your own home? Learning...
The Advantages of Renting a House

The Advantages of Renting a House

The Advantages of Renting a House In this complicated real estate landscape, high interest rates meeting high home prices are pushing many would-be homeowners out of the market. This means that these people will need to live in rental properties as they make their...
Can I Buy Out of My Lease?

Can I Buy Out of My Lease?

How do you get out of a renter’s lease? When you sign a lease agreement, there is no crystal ball to predict the future. Though you have plans to commit to a lease, sometimes circumstances can make the early termination of a lease necessary. Whether you just got a...
How Much Does it Cost to Build a House?

How Much Does it Cost to Build a House?

How much does it cost to build a house? Before you embark on the exciting journey of building your dream home, it’s important to know the cost of building one and the expenses to expect after you move in. But since home building is such a niche topic, it’s nice to get...
Can a Seller Stay in Their House after Closing?

Can a Seller Stay in Their House after Closing?

Can a seller stay in their house after closing? People often wonder if they can stay in their house after its closing date. The short answer is yes, this is possible when your real estate agent puts a sale-leaseback in the sales contract. Today we’ll talk more about...
What Is an Appraisal Gap?

What Is an Appraisal Gap?

When the real estate market cycles into a competitive seller’s market, many homebuyers must deal with something called an “appraisal gap.” What is it and how can you make the best moves during the home buying process? What is an appraisal gap? An appraisal gap is the...
What Are Seller Concessions?

What Are Seller Concessions?

Seller concessions are closing costs and other homebuying-related expenses that the seller agrees to pay on behalf of the buyer. The seller can either pay a percentage of the total closing costs or contribute toward specific line items in the loan estimate (at the...
What Is a Buyer’s Market?

What Is a Buyer’s Market?

What is a Buyer’s Market? What is a buyer’s market? A buyer’s market is a term used in real estate to describe a market condition in which buyers typically have the upper hand. In general, there are more properties for sale than available buyers. In...
What Is a Credit Score?

What Is a Credit Score?

A credit score is a number that rates your creditworthiness. Credit bureaus calculate this score to determine a borrower’s ability to repay a loan or credit card. Lenders rely on credit scores to assess credit risk when approving loans to applicants. A credit...