home buying: Why You Should Work With A Real Estate Agent
- 11/10/22 04:13 PM
It’s a slow Sunday morning. You’ve just brewed your Nespresso and popped open your laptop to check out the latest home listings before you hit the road for a day of open houses. You’re DIYing this real estate thing, and you think you’re doing pretty well—after all, any info you might need is at your fingertips online, right? That and your own sterling judgment. Oh, dear home buyer (or seller!)—we know you can do it on your own. But you really, really shouldn’t. This is likely the biggest financial decision of your entire life, and you need a Realtor® if you want to … (7 comments)
home buying: 4 Tips for Finding Your Dream Home in a Tough Housing Market
- 06/02/22 06:09 PM
Trying to buy a home right now is no joke. Most properties receive multiple offers, with some buyers willing to eat the difference between what they pay and what a property is worth. If you rightly view a home purchase as a business transaction, do not give up hope. It is possible to pay a fair price and build equity immediately. Before heading out, take time to devise a plan. These four tips can help you get started. 1. Get your financing in place Over the past six weeks, mortgage rates have been all over the place. Shop around to find out which lender … (2 comments)
home buying: Do I Need a Realtor When Purchasing a Home?
- 01/22/18 02:24 AM
You are ready to make the big move. You are going to purchase a home and you are asking yourself if you need to employ a real estate agent. You are worrying about the grueling process of finding the right agent so you ask yourself if you should go through the process of buying a home on your own. Is the real estate process tricky? Will it leave me winded and confused? Is it in my best interest to hire someone who has the appropriate knowledge and experience to navigate through the universe of real estate? The answers to all of … (1 comments)
home buying: Advantages of Buying with a Lease Purchase Option
- 10/09/17 01:12 AM
Buyers who are not able to get traditional financing having another option. A lease purchase option is a type of temporary owner financing in which the owner rents the property to the buyer for a period of time until the buyer can get financing from a bank. Often this time period is for one year or less but sometimes a seller will accept a lease purchase for two years or more depending upon other favorable factors such as a larger down payment, a larger monthly payment or a larger purchase price. It often depends how the financing is structured that will … (0 comments)
home buying: Location, Location, Location - Things to Consider When Deciding Where to Live
- 10/01/17 10:43 PM
Deciding where to live should be a home buyer’s first task. Many buyers though describe the type of home they want to live in and are open to many areas. This usually results in another move within a few years because the homeowner realizes they should have considered their lifestyle and the things they like to do and made choosing a location the priority. Commuting Nightmares If your new home is quite a distance from work, family or hobbies you like to do, then you could spend a good amount of time in the car. This is time that could be spent … (1 comments)
home buying: Critical Steps When Buying a Home
- 05/02/17 06:29 AM
Purchasing a home is likely to be the largest investment that a person makes in their lifetime. Therefore it is critical to be aware of the steps a purchaser should take when buying a home.
Be Credit Worthy Chances are that you will have to depend on a loan to purchase your new home. For this reason, it is important to make sure that your credit is in good shape. A lender makes their decision to finance in a large part upon a borrower’s credit score. This will also impact the interest rates a lender is willing to offer which affects the … (0 comments)
home buying: Should I Get Preapproved Before Looking at Homes
- 03/20/17 01:43 AM
If you are looking to buy a home, then you should consider getting preapproved before you even begin your search. There are some benefits of getting preapproved as well as drawbacks for failing to do so.
Benefit of Getting Preapproved. Having a preapproval letter attached to your offer can go a long way to ensure you get top consideration from the seller. This is because some major concerns of the seller are lifted – you are able to pay for the home and you know what the monthly payments will be, so you have all of the financial information you should need … (2 comments)
home buying: How Many Houses to Look at Before I Purchase?
- 01/29/17 09:30 PM
Every buyer is different and therefore the number of properties a buyer will look at prior to purchasing will be an individual choice. There are some factors to take into consideration though to reduce the number of houses viewed in person yet still feel comfortable that you have done your research and found the best home for you.
Online Search Many home buyers will start their search online. This is a great time saver. Buyers can quickly get an idea of the types of homes, features and pricing of certain homes in desired areas. Since it often takes 20-30 minutes to go … (1 comments)
home buying: Advantages in Buying Real Estate with Lease Purchase Option
- 12/18/16 09:22 PM
Buyers who are not able to get traditional financing having another option. A lease purchase option is a type of temporary owner financing in which the owner rents the property to the buyer for a period of time until the buyer can get financing from a bank. Often this time period is for one year or less but sometimes a seller will accept a lease purchase for two years or more depending upon other favorable factors such as a larger down payment, a larger monthly payment or a larger purchase price. It often depends how the financing is structured that will … (4 comments)
home buying: Tips to Secure Mortgage if You Are Self-employed
- 12/12/16 05:18 AM
If you are self-employed, either as a freelancer or as the owner of your own business, your income can fluctuate greatly from year to year. That can make it difficult to get approved for a mortgage, although there are some things you can do to improve your chances. Here are three tips for securing a mortgage if you are self-employed.
Good Credit Score While your ability to pay back a mortgage is the most important factor in an approval, your credit score is a close second, and that goes for every borrower, not just those who are self-employed. If you have a … (0 comments)
home buying: What is a Buyer’s Market and What are the Advantages?
- 11/20/16 11:21 AM
Whether you are a new home buyer or seasoned investor, you may have heard the term “buyer’s market”. This term is used to refer to a real estate market in which there are more units for sale than buyers. Home buyers can see big advantages in this type of market!
Higher Inventory A buyer’s market involves a higher supply of housing units in comparison to the number of buyers at a given time. As such, the buyer will have a larger variety of units to consider for purchase in such a market. More choices is always a positive.
Lower Prices Since … (2 comments)
home buying: Location, Location, Location - Things to Consider in Deciding Where to Live
- 09/25/16 11:35 PM
Deciding where to live should be a home buyer’s first task. Many buyers though describe the type of home they want to live in and are open to many areas. This usually results in another move within a few years because the homeowner realizes they should have considered their lifestyle and the things they like to do and made choosing a location the priority.
Commuting Nightmares If your new home is quite a distance from work, family or hobbies you like to do, then you could spend a good amount of time in the car. This is time that could be spent … (1 comments)
home buying: How to Negotiate Like a Realtor®
- 05/09/16 04:24 PM
One of the most important qualifications for being a real estate agent is having negotiation skills. Whether the Realtor® is working with the buyer or the seller, it is important to have the charm and the wit to bring a suitable price to the client. Although a Realtor® has an advantage with a vast amount of negotiating experience, there are some things the public can do to improve their negotiation skills.
Do Your Homework Research is one of the most important things that will help seal a real estate deal. An experienced real estate agent will spend a great deal of time … (2 comments)
It’s a slow Sunday morning. You’ve just brewed your Nespresso and popped open your laptop to check out the latest home listings before you hit the road for a day of open houses.
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