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When Should You Make an Offer Below Asking Price? 5 Clues It's Time to Take a Gamble
Homes are expensive, and getting even more so every day. (Also, water is wet and the sky is blue!) Making an offer over asking price—sometimes by absurd amounts—has become a harrowing norm for today's buyers.
But even as the market rockets upward, there are always those buyers. You know the type: You visit their new home for a dinner party, and halfway through the meal, they lean over to whisper in your ear.
"We got a killer deal," they say. "Under list price."
Then you proceed to silently ha...
7 Promising Signs the Home You're Buying Will Have Good Resale Value
While it might seem premature to think about selling a home before you even buy it, it's important to remember that a house is an investment. And in an ideal world, investments make money—not lose it.
That's why resale value should be an important consideration when house hunting. No, it shouldn't supersede your must-have requirements (if you demand 20 acres and lakefront access, prioritize that). But if you do your best to predict how the house you're buying—and the neighborhood it's in—will...
How Long Does Underwriting Take—and Can You Speed It Up?
How long does underwriting take? Underwriting—the process in which mortgage lenders verify your assets to get a home loan—can last a little as two to three days, but typically takes over a week to finish.
Underwriting happens right before you close on a house, so timing can be crucial, particularly if you want to move in by a certain date. But make no mistake: Underwriting is unavoidable. All loans go through an underwriting process before the lender can promise you the funds for a purchase.
...
6 Reasons Why Winter Is Actually the Most Chill Time to Buy a Home
When the weather outside is frightful, trudging door to door to look at houses might seem like a fool's errand. Everybody knows spring and summer are the home-buying seasons, and winter is the time when you—and sellers—cool it for a bit and take a break, right?
While it's true that things do slow down in the winter, that's not necessarily a bad thing. Yes, it's cold. Yes, fewer homes are for sale. Yes, moving in a snowstorm is a pain no one should experience. But there are quite a few darned ...
The Grown-up's Guide to Renting a Proper Party Venue
The Grown-up's Guide to Renting a Proper Party Venu...
Amid Rising Egg Prices, Restaurateurs Bite the Bullet
What do you do with breakfast and brunch service when it stops being cheap to make?
The Ultimate 3D Puzzle—The Rare, 20-Sided Dogic | Mental Floss
The Ultimate 3D Puzzle—The Rare, 20-Sided Dogic | M...
Boom & Bust: Inside the Rapidly Expanding World of Subscription Services
Whimseybox, Julep, Wantable, Blue Apron, Glossybox, and many, many more: After the success of Birchbox, the subscription product industry exploded, but how many different products do we need delivered straight to our door? As part of our week-long series on booms and busts, Jamie Wiebe talks to some of the...
Psychology of Lululemon: How Fashion Affects Fitness
Does expensive athletic wear actually incline us to work out? "Enclothed cognition" proposes that the clothes you wear directly affect how we think and what we do....
Is Blue Apron the Future of Home Cooking in America? - Eater
Is Blue Apron the Future of Home Cooking in America...
Supply and Demand Doesn't Apply in NYC Housing
Supply and Demand Doesn't Apply in NYC Housing
Chatting With My Parents About How (And Why) They Paid For My College Education
When I was 18, my parents sent me 600 miles away to Northwestern University for a journalism degree worth nearly $200,000. Minus $50,000 in loans and grants, they paid for the whole thing out-of-pocket. I've never understood why. So I asked them....
How Answering The Questions Behind “Needing Closure” Helped Me Heal More Than Getting Closure Itself - TheGloss
How Answering The Questions Behind “Needing Closure...
Boom & Bust: How Big Oil Boomtowns Can Survive—and Thrive—for the Long Term
To kick off our week-long series on booms and busts, Jamie Wiebe looks to North Dakota, currently the fastest-growing state in the union, to see how local planners are preparing for what's widely considered to be an inevitable crash....
The Sydney Opera House's Architect Never Saw His Design Completed | Mental Floss
The Sydney Opera House's Architect Never Saw His De...