When a young couple buys their first home, they generally view it as a starter home. In other words, it’s something they see themselves living in for a few years and eventually selling after their financial situation has improved and they can afford more space/features/etc…. [Read More]
Thus far, 2018 is shaping up to be the year of a buyer’s market. Houses are slow to sell as more and more individuals decide they’d to rent.
The solution for this trend could be to combine the two in a rent-to-own option. This could be the perfect solution for a seller trying to move the property and a buyer who’s hesitant to make a huge commitment…. [Read More]
One of the more interesting aspects of being a homeowner is that you’re simultaneously focused on two different priorities. First off, you want to enjoy your home. So you choose a style you like, perform small renovations, and invest in home improvements that fit your lifestyle. But secondly, you’re focused on the next buyer. Any time you do something to your house or see something in your neighborhood, you’re thinking about how it will influence the resale value of your home…. [Read More]
Much like the prices in the stock market, the prices of properties in a given neighborhood can cycle up or down, based on external variables. Hypothetically, you can use these swings to your advantage—especially if you’re considering buying a new home or selling your old one…. [Read More]
Buying a home and taking out a mortgage have essentially become synonymous over the years. Almost everyone takes out a loan to purchase a house, but that doesn’t mean you have to.
It’s a wonderful feeling to be able to buy a house with cash, and, regardless of your income, you might actually be able to do this in the future…. [Read More]
One of the biggest issues people have with renting is they’re throwing money down the drain when they could be building equity. And while this is true, don’t assume that home ownership is an easy ride. As a homeowner, you face several unique expenses. Over time, these can really start to add up…. [Read More]
When it comes to real estate negotiations, nothing is more important than leverage. The individual with the leverage is the individual who will ultimately come away with a more favorable outcome (assuming they’re able to couple the leverage with patience).
From a buyer’s perspective, nothing gives you more leverage than knowing that a seller is motivated to unload their house. The question is, how can you tell if a seller is motivated?… [Read More]
It’s often said that home ownership is the essence of the American Dream. But if there’s one thing that goes beyond mere ownership — that cuts to the heart of what it means to be an American — it’s being able to purchase your own undeveloped plot of land and build a custom home on the property…. [Read More]
As the saying goes, “The only constant is change.” This maxim definitely holds true in the arena of real estate and home design.
Interior design and architectural trends come and go fairly swiftly, which can leave your home looking outdated in a depressingly short time. Fortunately, modernizing a dated-looking structure doesn’t have to be expensive or time consuming…. [Read More]
A lot of different factors go into the purchase of a home. They include location, style, square footage, school zoning, and neighborhoods.
But the most important facet of the home search — and of home ownership in general — is the financial aspect. When you’re buying a house, you need to be ready to meet both present and future costs…. [Read More]