Category Archives: Home Buying

homeownership problems

5 Least-Talked Problems in Your Journey to Homeownership

Making a leap from being a renter to a homeowner is huge. Most people think about buying a home at some stage of their life, and for many, it’s the fulfillment of their American Dream. Nevertheless, it’s a long-term commitment, and the responsibilities and financial activities involved will affect your future and your finances. Read More →

phases of homeownership

The Different Phases of Homeownership

Homeownership could be a wild ride – from the process of hunting a home to purchasing it, moving out, settling in, and finally moving to another place. Find out the various phases of homeownership and the responsibilities they demand. Read More →

homeownership costs

The Unexpected Costs of Homeownership No One Thinks of

A new homeowner might have thought that the financial burden will be over after paying for the mortgage and property tax. The truth is the spending just begins with the homeownership. Most people can’t imagine that the hidden costs including the expenses of maintenance and repair can exceed or equal to the mortgage payments. Let’s find out the outlays that you can’t keep out of your home budget: Read More →

contigency

The Contingencies that You Must Keep

Buyers have to go the extra mile if the market is hot. An all cash offer creates the best chance to convince the seller, but only a few can afford it. There are many ways to talk the other party into the deal and waiving contingencies is one of them. Read More →

starter home

The Pros and Cons of Buying a Starter Home

Purchasing a starter home was very common in the Baby Boomer generation. Most of them followed the traditional path of getting married, settling in a small, modest dwelling, extending families, and then moving into a bigger, permanent home. Many Millennials are also up for following this tradition since a majority of them are financially stable. Read More →

home buying

How to Know If You Are Overpaying for a Home

It’s normal for buyers to make a mistake, especially the first-timers because their lack of experience does not let them act levelheaded. They often give up their interest and end up overpaying, particularly in a hot market where everything moves too fast to exercise discipline. Read More →

neighborhood

How to Research a Prospective Neighborhood

People change their address for many reasons, and it’s not rare to move due to bad neighbors and neighborhoods. The most common complaints are excessive noise, disarranged properties, high crime rates, distance to transportation and other facilities, and more. When it’s necessary to do extensive research about the property you are going to purchase, the surrounding area should not be exempt from inspections. Read More →

home buying

5 Things You Shouldn’t Share with a Seller’s Agent

Dealing in a real estate market is like mastering the art of balancing act. Everyone wants to win but what really matters is to keep a win-win situation for both the buyers and the sellers. As a purchaser, you have to be very careful in getting a competitive purchase price. Read More →

spring home buying

The Tips that Spring Home Buyers Must Follow

Everybody loves spring because of the blooming flowers, sunny days, and warmer temperatures. It’s also a peak season for the real estate industry as lots of people actively hunt and buy a home during this time. Read More →

home inspection

How to Inspect a Potential New Home

What’s the largest single investment that most people make in their lifetime? Buying a home. So, a thorough inspection of it should be a necessary part of the purchase process. A property may look nice in the photos, and if you don’t know where to look, a physical visit won’t be enough to discover the hidden problems. Let’s find out how to test drive your future living space before signing the final deal. Read More →