It's easy for buyers to fall in love with properties when they're looking at polished hardwood floors, new appliances or renovated kitchens. During open houses and showings, glamorous features get all the attention. However, these dream homes right away can be dangerous. Asbestos and electrical wiring are hard to get excited about, but ignoring them can be a financial disaster. Buyers risk serious costs and a huge amount of hassle if they don't do their research. It can be daunting for buyers to … [Read more...]
Buying a New Home? Use This Checklist to Ensure Your Finances Are in Order
Buying a home is a significant expense. It doesn't matter whether you're a first-time buyer or have experience. Unless you have a large pile of cash, you'll need to ensure your finances are in order before closing. In this post we'll explore four financial items you'll want to check off before buying a new home. Figure Out Your Current Monthly Budget First, you're going to want to sort out your monthly budget. If you've never done a budget before, start with something basic. Open up a … [Read more...]
3 Key Reasons Why Buying Your First Home Is Like Planning a Wedding
You may not see the connection right away, but buying a home and planning a wedding are two experiences that require certain skills and challenge you in similar ways. Check out the three key similarities below! 1. Budget Whether you're buying your first home or planning a wedding, you are likely facing one of the biggest financial obligations of your life. That's why, in both cases, it is essential that you pick a realistic budget and stay within it. Sounds simple, but in either case it can be … [Read more...]
Six Reasons Why You’ll Need a Licensed Real Estate Agent When You Buy or Sell a House
Are you in the market to buy or sell a home? If so, you may be wondering whether to work with a real estate agent or not. While saving on the commission might sound tempting, it can cost you later. Here are six reasons to choose a real estate agent the next time you buy or sell a home. #1: Agents Get The Best Price If you're trying to buy or sell on your own, it's going to cost you. When buying, real estate agents are able to tap into market data to know the best price to bid. When selling, they … [Read more...]
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