Tag: Buyer Tips

Buying Investment Property Versus a Primary Residence

Posted on 02/03/2021

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...

Investing

First Time Homebuyers: Mortgage Perks

Posted on 09/23/2020

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...

Home Loan

First Time Buyer

What Does It Really Cost to Purchase a Home?

Posted on 08/12/2020

The cost of buying a house extends beyond a seller's initial asking price. In fact, there are many "hidden" costs that buyers need to consider as they decide whether to purchase a house, such as: 1. Closing Costs There are various closing costs that a buyer may encounter before he or she finalizes a house purchase, including survey, appraisal...

Should You Set a Deadline for Purchasing a Home?

Posted on 07/22/2020

If possible, it helps to maintain a flexible deadline as you navigate the homebuying journey. Because if you have a tight deadline in place, you risk making a rash homebuying decision. And as a result, you may pay too much to acquire a home. Perhaps even worse, you risk purchasing a house that fails to match your expectations. As...

Posted on 04/08/2020

Buying a Penthouse 101

Photo by Mostafa Safadel on Unsplash The penthouse is the pinnacle of real estate in many markets -- and places like New York and Miami -- have plenty of options to choose from. It's easy to get caught up in great decor or fall in love with a view, but there are other considerations as well. Here's what...

Luxury

Perform an In-Depth House Search

Posted on 03/04/2020

Conducting an in-depth home search may prove to be difficult, particularly for individuals with limited time and resources at their disposal. Fortunately, there are lots of things that you can do to streamline your home search and discover your ideal residence without delay. Now, let's take a look at three tips to help you seamlessly navigate the homebuying journey....

How To Search For A Home

What to Do If a Home Seller Rejects Your Offer to Purchase

Posted on 02/19/2020

If a seller rejects your offer to purchase his or her house, there is no need to panic. At this point, there are many things you can do, including: 1. Craft a New Offer to Purchase If at first you don't succeed, try again. Remember, if you find your dream house but your initial offer to purchase is rejected,...

How Does Virginia's Disclosure Act Protect Buyers?

Posted on 01/15/2020

Photo by Mateus Campos Felipe on Unsplash When you find your dream home for a great price, you sometimes have to wonder why the price is so low. While you can rely on a buyer's agent – the agent who represents you – for some information, the agent can only tell you what they know. The listing agent...

Laws

Home Buyers

Posted on 12/25/2019

Wrap Up a House Purchase

After a seller accepts your offer to purchase his or her house, it likely will be only a few weeks before you can wrap up your home purchase. And if you understand exactly what to expect during the homebuying process, you should have no trouble eliminating potential hurdles along the way. Now, let's take a look at three tips...

How Much Time Should You Spend Searching for a House?

Posted on 11/06/2019

Generally, the length of the homebuying journey depends on the individual. In some instances, a buyer will purchase the first house that he or she views in-person. Or, in other cases, it may take a buyer several weeks or months to find a house that matches his or her expectations. There is no need to rush the homebuying journey....

Should You Craft a Homebuying Budget?

Posted on 07/24/2019

A homebuying budget can make a world of difference, particularly for those who want to streamline a house search. If you have a budget at your disposal, you will know approximately how much you can spend on a residence. Then, you can narrow your house search accordingly. Establishing a homebuying budget can be simple. Now, let's take a look...