A moving checklist is your guide to the last stage of buying a home. Even the simplest moves are too complex to be able to just wing it. If you love to plan, this will be a great exercise. If you don’t, then you may want this moving to do list even more. There’s just too much going on when changing your address, and the printable moving checklist PDF we offer here can really help.
Read More
“Printable Moving Checklist PDF | One Page Moving To Do List for Changing Your Address”
A comparative market analysis is a bit like a Swiss Army knife – it’s a multifunctional tool that can help both buyers and sellers as they enter the real estate market. It helps buyers understand the pricing of homes, including factors that have nothing to do with the actual structure. For sellers, it’s vital for arriving at an appropriate listing price. Misjudging the value of a home can result in financial losses, which underscores the importance of a reliable CMA.
A second home down payment is a bit more complex than getting your first mortgage for your primary residence. Generally, if you can afford a second home, you have some financial resources and some credit history with your mortgage lender. The question is: do you have enough?
Read More “Second Home Down Payment | Here’s What You Need to Know”
The average down payment on a house in the United States used to be a straight-up 20 percent. But that doesn’t really work for a lot of people anymore. With the price of homes today, a 20 percent down payment puts buying a home out of reach, especially for first-time home buyers. Lenders have become more flexible and there are even some programs that feature no down payments if you qualify. Before you throw up your hands and think you’ll never be able to afford to buy a home, let’s take a look at the changing landscape of down payments.
“Average Down Payment on a House in the U.S.”Whether it is a buyers or sellers market – now and in the near future – will be the topic of conversation for anyone buying a new home or selling their current home. The real estate market is an ever-changing landscape that can shift between favoring buyers or sellers at different times. Understanding whether it’s currently a buyers’ market or sellers’ market is crucial for both home buyers and sellers. Let’s dive into the definitions of buyers and sellers markets. Then we will look at some helpful tips for sellers in a buyers market and buyers in a sellers market. Finally let’s discuss important questions to ask your agent in each scenario.
“Is it a Buyers or Sellers Market?”Residential real estate is an industry word that describes what most of us are doing – buying new homes and selling our previous homes. It’s the default. Most real estate agents deal with residential real estate, so it’s a term that describes 73% of the market (according to the National Association of Realtors). What are residential properties and what makes them different? What makes them special?
A buyers market in real estate means that you, as the buyer, have lots of choice and the ability to negotiate. And let’s be honest, the last time it was a buyers market…well, we don’t even remember. Is it a buyers market right now? Let’s take a look at the current real estate market to see if buyers should be encouraged.
Read More “Buyers Market | Is it a Buyers Market Right Now?”
If you want to use a VA loan for second home, there are a few factors you will need to consider. To be honest, there are more than a few factors. On the plus side, it is possible to get a second home with a VA loan guarantee. On the minus side, it’s not as straightforward as you might hope. That’s because the VA loan program is designed primarily for one thing: to help active military service members and veterans afford a home. And it’s very, very good at that – one of the best government programs for housing. If you want it to do two things, such as purchasing multiple houses, it is less clear. That’s Ok if you don’t mind doing a little homework (pun intended).
Read More “Using a VA Loan for Second Home | Save with Homes for Heroes”
Homeownership is the goal for many of us. There is the nuts-and-bolts side of the journey which involves finances, the mortgage loan (and all that goes with it), and the actual work of operating a household. There is also the personal development side that requires careful planning, diligence, and a willingness to learn. Let’s explore the essential steps to prepare for first time home ownership, the buying process itself, and the ongoing work required to maintain a home and budget.
Read More “Homeownership | 27 Tips to First Time Home Ownership”
How to choose a real estate agent may seem like a simple question, but it’s really two questions. First, we will look at how to find a real estate agent using the tools that are out there. Second, we will look at finding the right fit between you and an agent.
Start or Resume a chat with our Support Team
