Home Buying

Welcome to the ActiveRain Home Buying section. This is the place where you'll find comprehensive information on everything connected to purchasing a home – and we mean everything.


What exactly goes on in a home inspection and how is it different from a home appraisal? Curious about what it takes to purchase that foreclosure you've had your eye on? You'll find out how to do it right here. Look around: the professionals at ActiveRain have the information you need.


ActiveRain is the top real estate social network in the world. So, while you may find articles about purchasing a home on other websites, only at ActiveRain do you have the opportunity to read the words of wisdom from over 300,000 real estate industry professionals. From real estate agents to lenders to home inspectors and stagers -- that's a lot of brain power and we've harnessed it, right here at AR.


What are you waiting for? Everything you need to know about home buying awaits you on the following pages!

Recent blogs on Home Buying
By Walter DiLoreto, Real Estate Short Sale Specialist
(PHP Houses)
There are many people thinking about buying a home, but with everything affecting the economy, some are wondering if it’s a smart decision to buy now or if it makes more sense to wait it out. As Bob Broeksmit, President and CEO of the Mortgage Bankers Association (MBA), explains:“The desire for homeownership is strong. Many prospective buyers are waiting for the volatility in mortgage rates to subside, as well as for a clearer picture of the economic outlook.”If you’re in that position, remember that it’s important to consider not just what’s happening today but also what benefits you may gain in the long run.There’s a lot of information out there about how homeownership helps build a homeowner’s net worth over time. But even today, many people think first about things like 401(k)s befo...
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By Joe Manausa - Tallahassee, FL, Tallahassee Real Estate
(Joe Manausa Real Estate)
5409 Defoors Ferry Road, Tallahassee, Fl Photos Maps & Local Schools Print Click Here to Get Directions $4500003bed - 2bath - 0.33 acres lotQuiet cul-de-sac home in desirable Lenox Mill! Find yourself charmed by this spacious and peaceful home, set back from the bustle but convenient to everything, including the highly rated school district. Featuring two generous secondary bedrooms, a full hall bath, and a spacious master suite with walk-in closet and double vanities, shower and a soaking tub. The breakfast nook in the kitchen provides plenty of meal space, and the large family room with abundant natural light thanks to numerous windows and vaulted ceilings will no doubt become a favorite gathering spot. The separate family room is perfect for an office or playroom, enhancing the funct...
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By John Juarez, ePRO, SRES, GRI, PMN
(The Medford Real Estate Team)
I am re-blogging this excellent post because of it nation-wide applicability. The author is in Florida but what Walter says is pertinent to my market in the San Francisco Bay Area in California. There’s no doubt buying a home today is different than it was over the past couple of years, and the shift in the market has led to advantages for buyers today. Right now, there are specific reasons that make this housing market attractive for those who’ve thought about buying but have sidelined their search due to rising mortgage rates. Buying a home in any market is a personal decision, and the best way to make that decision is to educate yourself on the facts, not following sensationalized headlines in the news today.  The reality is, headlines do more to terrify people thinking about buying ...
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By Sandi Bauman, Chico CA Realtor
(Chico Homes Real Estate)
7146 La Porte Road, Bangor, CA 95914 - $525,0007146 La Porte Road, Bangor, CA 95914FEATURESBedrooms: 3Bathrooms: 3.5Year Built: 2000Lot Size: 7.09School District: Oroville UnionSquare Footage: 2682Agent Name: Sandi BaumanBroker: Chico Homes Real Estate IncMLS #: SN22186311DESCRIPTIONBeautiful, custom, one-of-a-kind home situated on a lovely 7 acre parcel with seasonal springs. 2000 sqft mechanics shop with paved access and paint booth, plus an attached 2 car garage! The home is a traditional 2 story beauty with a classic wrap around porch and covered decking to enjoy the gorgeous natural setting from all angles. The great room is spacious and cozy with a wood stove, rock hearth, and slider to the porch. The upstairs floor plan is truly unique with a generous primary suite that includes ...
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By Tom Gilliam- RE/MAX Classic, Exceeding Your Expectations
(Re/Max Classic)
A lot of prospective buyers aren’t feeling like now is a great time to buy real estate and are either hoping for a major crash, or a huge price correction.Only time will tell if either of those will happen to the extent some buyers are hoping for, but while they’re waiting it out, it might be the perfect time for real estate investors to get themselves a deal on a rental property.Investors Great Timing to Buy Real EstateIt’s never a good time to buy real estate for everybody, and over the past few years it wasn’t ideal for investors. A seasoned real estate investor can typically find a deal, regardless of the current real estate market, but the extremely low mortgage rates caused a lot of buyer competition for the limited number of houses for sale, which made it virtually impossible for...
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By Ryan Case, Realtor servicing all of Southern California
(Coldwell Banker Realty)
West LA Weekly Market Update November 28th - December 4th, 2022 Barry West BACK ON THE MARKET Barry Avenue | 2 bedrooms | 2.5 baths | 1128 sq. ft. | $895,000
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By Bill Kamboukos
(Strategic Mortgage)
If you looked at house prices the past few years, you could easily say that low interest rates helped move house prices higher (in 2020 and 2021) and rapidly rising rates, equated to slower and even falling home prices (in 2022).Many forecasts I see right now, are calling for higher interest rates in 2023 and therefore lower house prices.Freddie Mac says interest rates will end 2023 at 6.8%, the National Association of Realtors says rates could stay near 7% and Realtor.com says they expect 30 year fixed rates to be 7.1%.The good news about those predictions, is that these are the same “experts” whose mortgage interest rates forecasts were all way too low in 2023 and thought there we no chance of a housing slowdown in 2022.Historically, when it comes to big moves in house prices and inte...
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By Ryan Case, Realtor servicing all of Southern California
(Coldwell Banker Realty)
Marina del Rey Weekly Market Update November 28th - December 4th, 2022 Regatta Seaside RECENTLY SOLD Marina Pointe Drive | 2 bedrooms | 3 baths | 1900 sq. ft. | $1,450,000 Villa Vallarta RECENTLY SOLD Glencoe Avenue | 3 bedrooms | 3 baths | 1707 sq. ft. | $1,265,000 Regatta Seaside Residences RECENTLY SOLD Marina Pointe Drive | 2 bedrooms | 3 baths | 1900 sq. ft. | $1,450,000 Via Marina Tahiti RECENTLY SOLD Marina Pointe Drive | 2 bedrooms | 3 baths | 1900 sq. ft. | $1,450,000 Glencoe Avenue | 3 bedrooms | 3 baths | 1707 sq. ft. | $1,265,000
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By Jon Sigler, South Windsor Homes for Sale 860-306-8029
(Coldwell Banker Realty)
Purchasing a condo can be a great choice or a terrible choice. There are questions to ask when buying a condo that can help you to decide which one it is.What are the monthly condo fees?Living in a property with a homeowners association will generally require paying some amount of money, usually monthly to cover that association's expenses. That amount is different in every association, mainly tied to the number of services the association provides its members. The quickest way to learn this amount is to look at the MLS listing for the condo. Word of advice, that number should be correct in the MLS, but the resale package you receive as a part of your purchase is where you can get 100% confirmation of what that condo fee actually is.What do those HOA fees cover?What do the monthly condo...
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By Melissa Thompson, I'm a real estate agent helping buyers and sellers
(Thompson Real Estate)
Did you know that, as of 2022, 65.8% of Americans are homeowners in America?That number continues to increase, with over 15 million new home sales yearly.Whether you are a long-time homeowner or this is the first time you've ventured into the world of real estate, there is always new information and tips to help with the process.We wanted to make a quick and easy guide with home buying tips to help make the process smooth.Let's dive in.1. Know What You Can AffordThe home buying process isn't easy.You can calculate your income and expenses and subtract the two. Keeping 30% of your monthly income towards rent or a mortgage is also recommended.By doing this, you're keeping yourself from taking out more debt than you can handle. Understanding how much you can pay each month will go a long w...
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By Ryan Case, Realtor servicing all of Southern California
(Coldwell Banker Realty)
Downtown Long Beach Weekly Market Update November 28th - December 4th, 2022 Lafayette Building NEWLY LISTED Linden Avenue | 1 bedrooms | 2 baths | 481 sq. ft. | $385,000 The Royal Palms NEWLY LISTED Atlantic Avenue | 2 bedrooms | 1 baths | 730 sq. ft. | $459,000
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By Melanie Gurley, Solid Source Realty Georgia
(Solid Source Realty Georgia)
Brought to you by THE GURLEY TEAM Office: 770-475-1130Cell: 770-596-5965Melanie@TheGurleyTeam.comMaking it happen...for YOUwww.TheGurleyTeam.com   Solid Source Realty GA10900 Crabapple RdRoswell, GA 30075     Embracing Your "New" Old Home The charm, the character, the cracks in the foundation? Older homes offer unique beauty and personality, but some buyers hesitate to consider them due to a fear of problems associated with old construction. Sidestep surprises with a thorough inspection so your "new" old house can become the home you've always wanted. Here are common issues to look for before purchasing.Lead PaintIf built before 1978, a house may have lead paint. It's usually found on floors, window frames, doors, and trim. A certified inspector can detect this type of paint and recomm...
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By Bob Elliot, 20+ Yrs Industry Experience
(eXp Realty)
Did you recently receive your annual notice that the rent is going up? If so, you're not alone. Millions of renters are seeing more and more of their income drained away due to higher rents. To make matters worse, every dollar in rent is one that you are not saving, investing or using to build your net worth. If you're feeling the pinch of higher rents, it might be time to buy your first starter home. Comparing Rent With A MortgageHave you ever done the math to understand how close your monthly rent might be to a mortgage payment? Here's a quick and easy exercise. Multiply your monthly rent by twelve, and then multiply that number by 25. For example, if your rent is $1000 per month, that is $12,000 per year and $300,000 over 25 years. So if nothing changed from today, you could afford a...
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By Ryan Case, Realtor servicing all of Southern California
(Coldwell Banker Realty)
Laguna Niguel Weekly Market Update November 28th - December 4th, 2022 Breakers NEWLY LISTED Shorebreaker Drive | 3 bedrooms | 3 baths | 1568 sq. ft. | $1,030,000 La Vista NEWLY LISTED Clubhouse Drive | 2 bedrooms | 2 baths | 1053 sq. ft. | $659,000 Villa De Cerise NEWLY LISTED Rue Terrase | 2 bedrooms | 2.5 baths | 1733 sq. ft. | $975,000
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By Walter DiLoreto, Real Estate Short Sale Specialist
(PHP Houses)
There’s no doubt buying a home today is different than it was over the past couple of years, and the shift in the market has led to advantages for buyers today. Right now, there are specific reasons that make this housing market attractive for those who’ve thought about buying but have sidelined their search due to rising mortgage rates.Buying a home in any market is a personal decision, and the best way to make that decision is to educate yourself on the facts, not following sensationalized headlines in the news today.  The reality is, headlines do more to terrify people thinking about buying a home than they do to clarify what’s actually going on with real estate.Here are three reasons potential homebuyers should consider buying a home today.1. More Homes Are for Sale Right NowAccordi...
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By Ryan Case, Realtor servicing all of Southern California
(Coldwell Banker Realty)
Rancho Santa Margarita Weekly Market Update November 28th - December 4th, 2022 Sea Country BACK ON THE MARKET Seacountry Lane | 2 bedrooms | 2.5 baths | 1080 sq. ft. | $698,000 Tijeras Creek Villas RECENTLY SOLD Via Alivio | 2 bedrooms | 2 baths | 1117 sq. ft. | $609,000
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By Shayne Stone, "Your Rock Solid Choice Realtor"
(HomeSmart)
What You Want To Know If You're Pursuing Your Dream of HomeownershipIf you're a young adult, you may be thinking about your goals and priorities for the months and years ahead. And if homeownership ranks high on your goal sheet, you're in good company. Many of your peers are also pursuing their dream of owning a home. The 2022 Millennial & Gen Z Borrower Sentiment Report from Maxwell says:Many young adults have demonstrated their resolve to embark on the journey toward homeownership soon. More than half of millennials and Gen Zs plan to apply for a mortgage sometime within the next year.Lets take a look at why homeownership makes the top of so many young buyers to-do list and what you need to consider to achieve your goals if youre one of them.Top Motivators To Buy a HomeBefore you star...
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By Joe Jackson, Clintonville and Central Ohio Real Estate Expert
(Keller Williams Capital Partners Realty)
This is an excellent post with great information. Thanks for sharing it.Have a super fantastic week!Joe Jackson, Realtor-KWCP You are moving into a new City, and wondering where to live......  What specifics should you be looking for?   That differs with each buyer!   Think about what you want nearby - Grocery Store Kids' School A Park to walk the pup or the kids to play Walking distance to a Coffee shop Community pool and/or Rec Center HOA or not Easy access to the highway Easy commute to work When you think you have found the right neighborhood, walk around on a weekend, and talk to the neighbors.   Ask them why they like living there.   Or, do you want to live in the Country and don't want to hear traffic noise?  Don't want to see a "sea of houses" when looking out your windows, and ...
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