Tag: Buyer Tips

Posted on 04/18/2021
HOA vs. Non-HOA, Which is Best for your Needs?
Image by Kirk Fisher from Pixabay Buying a home in a neighborhood with a Home Owner’s Association (HOA) works well for some families, while others find the HOA to be burdensome or intrusive. Learning more about what an HOA is, how it works and what to expect can help you determine if your next home should be in...
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Posted on 04/18/2021
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...
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Posted on 01/03/2021
Buying Investment Property Versus a Primary Residence
Photo by Alexander Zvir from Pexels Those who currently own a home may consider investing in a second home for income purposes. However, it is important to understand you may have hurdles to overcome when searching for a mortgage or obtaining homeowners insurance. Here are some of the most significant differences between buying an investment property and a...
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Posted on 01/03/2021
How to Make the Most of a Housing Shortage
Image by Sandro Porto from Pixabay On the basic level of supply and demand, a housing shortage leads to higher home prices. But let's look beyond the obvious at a few other considerations a homeowner might want to make in response to a housing shortage, as well as a few tips for the prospective homebuyer. More Housing, Same...
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Posted on 09/27/2020
Homebuying Tips: Review the Seller's Perspective
As a homebuyer, you may want to consider the seller's perspective before you submit an offer to purchase your dream house. That way, you can boost the likelihood of receiving an instant "Yes" to your homebuying proposal. Now, let's take a look at three tips to help you analyze the seller's perspective. 1. Review the Prices of Comparable Homes...
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Posted on 09/13/2020
Prepare for a Home Search
Before you launch a home search, it helps to prepare for the property buying journey as much as possible. Fortunately, there are many things you can do to get ready to find your dream house. Now, let's take a look at three tips to help you prep for a home search. 1. Establish Homebuying Criteria If you know you...
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Posted on 07/26/2020
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...
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Posted on 05/17/2020
Home Loan Perks for First Time Buyers
Image by Aline Oliveira from Pixabay If you've been dreaming of buying a home or have started looking at houses and mortgages, you've likely seen ads and information that directly targets the first time home buyer. Buying your first home is a significant milestone and one of the most financially beneficial things you'll ever do, and there are...
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Posted on 03/08/2020
Enjoy a Worry-Free Homebuying Experience
Buying a house should be a worry-free experience. Yet problems may come up that prevent a property buyer from achieving the optimal results. Lucky for you, we're here to help you quickly identify and address various homebuying hurdles. Now, let's take a look at three tips to help you minimize stress as you navigate the homebuying journey. 1. Plan...
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Posted on 03/01/2020
Things You Need to Consider Before You Attend an Open House
An open house enables a buyer to check out a residence in-person and determine if this home matches or exceeds his or her expectations. However, a buyer who fails to plan ahead for an open house may struggle to make the most of this opportunity. Ultimately, there are several things you need to consider before you attend an open...
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Posted on 02/23/2020
First Steps for New Homebuyers
Photo by KML from Pexels Buying your first home is exciting and you will spend a lot of time working with your real estate agent. However, before you begin searching for the right agent, here are some helpful hints to help you get started off on the right foot and make sure you are ready to purchase a...
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Posted on 02/09/2020
Tips for Maintaining Your Focus During the Homebuying Journey
A homebuyer must stay focused throughout the property buying journey. Otherwise, a buyer risks missing out on an opportunity to acquire the right house at the right price. Now, let's take a look at three tips to help you stay on course during the homebuying journey. 1. Craft a Homebuying Strategy Creating a homebuying strategy enables you to outline...
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