What's the biggest barrier to purchasing a home that requires a mortgage? For millions of college graduates — both older and younger millennials — it isn’t their credit card debt. Rather, it’s their student loans that are preventing them from fulfilling their dream of ...
It's easy to fall in love with your dream house (and the idea of finally buying one)! However, your judgment may be easily clouded when you are enamored with an amazing home and feeling the pressure to pull the trigger. Stakes are high when you’re purchasing a house, so here’s a ...
As a homeowner, there's an f-word that is avoided as much as possible. Even though we don’t want to say it we have to talk about it. Why? Because like most problems, that’s how it’s handled. So say it with us, foreclosure.Most of the time, when people find out that their ...
Proximity to good quality schools is one of the most important factors considered when purchasing a home, especially for young families or young couples who are planning to have children. Homes that are located near top-quality school districts generally have higher property values and huge ...
Ah, spring! When the trees blossom, the lovely tulips and daffodils bloom, and everyone's mood brightens. But aside from our daily dose of sunshine during spring, we also see the high season for real estate. As the temperature rises, the housing market starts to heat up. Even in areas ...
A short sale transaction is different from the usual home buying process. It involves more waiting time, and more leg work for your agent. Due to the rise of short sale properties on the market, training companies see it as an opportunity to train agents specifically in this area, giving them ...
Ugh, bidding wars. They can be nasty, nerve-wracking, and even heart-breaking. Nowadays, most real estate markets present buyers with huge challenges, due to high demand coupled with low housing inventory. Oftentimes, bidding wars become the rule, especially in a seller's market. Buyers who ...
In the process of finding a new home, your real estate agent should become your new best friend. For a few weeks or longer, you will probably talk to them more than anyone else you know! So how do you make sure you're doing your part to build a good relationship with your agent?We’ve ...
Just like buying a move-in ready home, a fixer-upper has its fair share of advantages and disadvantages. Buying a fixer-upper can be a great way to own a home you really love once you put some work into it, but it can also quickly swallow up your savings if you aren't prepared. Just remember ...
We've helped you understand the roles of different real estate experts in previous posts. After securing everything needed for your dream home with your agent’s help, you’ll be needing a mortgage lender who will provide the mortgage loan that will be used to purchase the property. ...
During the spring and summer months, bidding wars are rampant, there's fierce competition, and a large pool of buyers are looking to move before the school year begins.
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It may seem like a nearly impossible task to get a mortgage after retirement, but there are ways you can do it even if you are not employed. If you're planning to apply for a mortgage, here are 5 common questions you might ask that we’ve answered for you:
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If you're planning to move away from the city and live a more simple life in the country, take note that it does not come without its unique set of challenges. Here are a few tips to help you when you decide to buy a rural home.
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The process of selling, buying, and moving into a new home can be very complicated and overwhelming. But on the lighter side, it is also a journey full of fun and exciting discoveries. Part of a homeowner's discovery and realization is finding their ideal neighborhood, their dream backyard, ...
When you buy a home, you don't only buy the land, the house, and any other physical structures that come with it. The most important thing is that you are also buying the legal rights of ownership to the property, which is referred to as “title.” This title is indicated in the ...
Is this your first year filing your taxes as a homeowner? If yes, then you're in for some sweet treats. There are certain deductions you are entitled to and can take advantage of to lower your tax bill. Some of these tax breaks can be a one-time deduction or recurring on the life of your ...
While there are certain home improvements you can add to your home to boost its resale value, there are also many external factors that can devalue your greatest investment. This is why the real estate cliché saying “location, location, location” will never be debunked or ...
