Tag: Buyer Tips

Posted on 04/19/2021
The Pros & Cons of New Construction Homes
Image by Capri23auto from Pixabay It’s not unusual for homebuyers to enter the market with some preconceived notions about the differences between an existing home and new construction. These may be formed by talking to friends and loved ones about their successes and challenges. Others come from media sources, including the seemingly endless stream of reality home shows....
Buyer Tips
Buying A Home
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Posted on 12/28/2020
How Can You Rise Above the Homebuying Competition?
Let's face it – there is no shortage of buyers competing for the top residences. However, there are many things you can do to rise above the homebuying competition, and these include: 1. Review the Local Housing Market The housing market fluctuates. In some instances, the housing market may favor buyers. Or, in other cases, it may favor sellers....
Buying A Home
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Posted on 12/14/2020
Renting Vs. Buying - Which is Right for You?
Photo by Athitat Shinagowin via Shutterstock You’ll often hear it stated that paying rent is throwing money down the drain. As a motivation to buy a home, however, that might not be the best idea. A rule of thumb is that if you can purchase a home for fifteen times what you currently pay annually in rent, buying...
Buyer Tips
Renting
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Posted on 11/30/2020
When You Need a Jumbo Loan
Photo by Bruce Clark from Pexels The Federal Housing Finance Agency (FHFA) limits how much you can borrow to buy a house. If you want to take out a mortgage that is above the limits, you have to apply for a jumbo mortgage. As of mid-2019, the limits were increased to $484,350 for most of the country. Some...
Jumbo Loan
Financing
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Posted on 11/23/2020
Are There Homebuying Shortcuts That Work?
Finding and purchasing a home sometimes can be difficult, particularly for an individual who encounters assorted challenges throughout the property buying journey. Lucky for you, there are several shortcuts that a homebuyer can use to streamline the property buying process. These shortcuts include: 1. Narrow Your Home Search If you know you want to buy a home, you should...
Buying A Home
Buyer Tips
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Posted on 08/24/2020
Pros and Cons of Living in an HOA Community
Image by Photo Mix from Pixabay HOA living is not for everyone. However, for those who like the extra structure, you can find plenty of deed-restricted properties. Before you buy a home in a community with a homeowner's association, you should not only check out the rules, but you should also try to talk with some of the...
HOA
Community
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Posted on 05/04/2020
When Should You Buy a Residence?
The right time to purchase a home varies from person to person. Meanwhile, buying a house is one of the biggest decisions an individual may make in his or her lifetime. As such, it is important to weigh your options closely to determine if now if the right time to buy a house. There are several things you can...
Buying A Home
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Posted on 03/22/2020
How Much Time Should You Spend Searching for a Home?
Generally, the length of the homebuying journey depends on the individual. In some instances, a buyer will purchase the first house that he or she views in-person. Or, in other cases, it may take a buyer several weeks or months to find a house that matches his or her expectations. There is no need to rush the homebuying journey....
Buyer Tips
Buying A Home
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Posted on 02/23/2020
3 Things You Should Know Before Buying an Older Home
Image by skeeze from Pixabay For those who embrace a sense of nostalgic charm, older homes have an undeniable allure. The yesteryear designs and attention to detail are often absent in new construction. As attractive as the idea of living in a glorious Victorian or period home may be, it’s also imperative that you take an extra-long look...
Home Insurance
Older Homes
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Posted on 01/12/2020
What Does It Really Cost to Buy a Home?
The cost of buying a house extends beyond a seller's initial asking price. In fact, there are many "hidden" costs that buyers need to consider as they decide whether to purchase a house, such as: 1. Closing Costs There are various closing costs that a buyer may encounter before he or she finalizes a house purchase, including survey, appraisal...
Buyer Tips
Buying A Home
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Posted on 12/15/2019
Approach the Homebuying Journey with an Open Mind
If you're ready to pursue your dream house, it generally is a good idea to enter the real estate sector with an open mind. In fact, there are many benefits to keeping your options open as you search for your ideal residence, and these benefits include: 1. You may be able to discover a bargain. As you kick off...
Buying A Home
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Posted on 11/24/2019
Reasons to Negotiate with a Home Seller
If your initial offer to purchase a home is countered, there is no need to stress. In fact, there are lots of reasons why you should negotiate with a house seller, and these include: 1. You can speed up the homebuying journey. The homebuying journey may prove to be long and complicated. If you find a house you want...
Buyer Tips
Buying A Home
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