Were you shopping for a new home when the coronavirus crisis started? Have you put your homebuying dreams on hold out of fear the financial market will take an even bigger turn for the worse?
While it’s true the market has taken a big hit in recent months, that doesn’t mean the housing market is in crisis along with it. In fact, history shows that down markets are traditionally a better time to shop for a home.
So, with a limited ability to shop for homes in person, how are buyers keeping the p...Purchasing a house is both exciting and challenging, and that’s especially true if it’s your first time as a homebuyer. Instead of allowing the process to overwhelm you, keep some tips in mind to help navigate through this exciting journey in your life.
Don’t Proceed AloneYou don’t need to take on the process of searching for and buying a home without assistance, nor should you. A well-qualified real estate agent can help you find the right property and has the expertise to make your first home...
The best time to buy a house is when you’re ready, but buying a home can be intimidating if you are not familiar with the most common phrases used during the process.
Use the below list to help yourself get acquainted with the terms. You’ll be surprised at how much easier the process will be if you’re up to speed with the lingo.
AppraisalYou’ll hear your real estate agent talk about this once you’re in contract. An appraiser will have to come through the house to provide an unbiased estimate of...Let’s face it, the fall market gets a bad rap. The majority of buyers assume that they’ll be unable to find a house that fits their needs during the fall—hence the mad rush during the summer. However, this couldn’t be further from the truth. Here are four reasons why a buyer should disregard the myths, and make a fall real estate purchase.
Star of the show The realty market clears out as soon as the weather turns crisp. The majority of warm-weathered buyers have already found a home, meanin...
For many, summer seems like the optimal time to move. Whether you're moving across town or across the country, the process requires time, patience, money, and trust. That's where the Better Business Bureau (BBB) and the American Moving and Storage Association (AMSA) comes in. BBB offers Business Profiles on over 20,000 moving-related companies.In 2018, BBB fielded 9,256 complaints about moving companies on things like damaged or missing items, bills that were higher than estimates, late deliveri...
For those thinking about buying, here is quote from Vincent Van Gogh:
"The fishermen know that the sea is dangerous and the storm terrible, but they have never found those dangers sufficient reason for remaining ashore.”
Artists take risks, too. They pursue their vision, often without financial security, facing long odds while stewing in their own self-doubt.
Occasionally, if they’re very lucky, they get to look back on th...
How to Spot a Good Buy, Part 3
Don’t forget the old adage: location, location, location.
Unless you’re looking for a fixer-upper, the house should be in a condition that is comparable to other homes in the neighborhood.
Avoid buying the biggest or fanciest home on the block.
Consider the amount of traffic or noise. Homes located in a quiet area away from a busy street will command a higher price.
Make sure the schools in your district have a reputation for quality...