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Latest Real Estate Advice Blog Posts



Should I Sell Now at a Loss to Take Advantage of Low Rates and Lower-Priced Homes?

By: Zillow Blog

28Jul2010

From Georgetown, SC comes a question in Zillow Advice by stepdad who asks: Should I sell now at a loss to be able to take advantage of rates and lower priced homes? “I purchased a 1999 manufactured home on 1 acre in 2007 for $83,500. It apprai...

What is the Definition of a Legal Bedroom?

By: Zillow Blog

26Jul2010

This question occasionally pops up and surprisingly, there seem to be a couple of answers. Zillow user unbelieve asks in Zillow Advice: “Realtor said I don’t need a closet to call a room a bedroom. Will this kill a deal? Is it true”...

What are Pocket Listings and Are They Legal?

By: Zillow Blog

23Jul2010

An interesting discussion on Zillow Advice was revived over pocket listings and whether they are legal or just a disservice to sellers and buyers. Sotheby’s agent Janet Tatusko initiated the post by asking: What is a pocket listing? Pocket list...

What’s the Difference Between a Foreclosure, Short Sale, and REO?

By: Zillow Blog

20Jul2010

Here’s a great question from cali_mama_559 from Fresno, CA, who asks in Zillow Advice: What’s the difference between a foreclosure, short sale and REO? Real estate agent Natalie Feldman summed it up beautifully: “A short sale occurs...

Two Vastly Different CMAs — Which One is Right?

By: Zillow Blog

20Jul2010

This question in Zillow Advice comes from Cathryne in Seattle and it’s a good one: I have two CMA’s from different agents that are drastically different prices. Which agent is right? A CMA is a comparative market analysis. There are some...

When is the Best Time to Lock in a Mortgage Rate?

By: Zillow Blog

14Jul2010

One of the biggest concerns for any potential home buyer is knowing when it’s the right time to do a mortgage rate lock. Even with mortgage rates recently reaching records lows, there is, unfortunately, no scientific solution for timing when to...

Good or Bad Idea: Eliminate a Tub in Master Bath and Replace it With a Large Shower?

By: Zillow Blog

12Jul2010

This question in Zillow Advice comes from Rhonnie8812 in Raleigh, NC who asks: Eliminating tub in master bath and replacing with large shower. Good or bad idea? Any thoughts? There are lots of ideas going around… join in! Do you have a differe...