Tag: Homebuyers

Posted on 05/30/2022

First-Time Homebuyers: Understanding the Basics

“First-time homebuyer” is a commonly used term in all areas of real estate. But what exactly is a first-time homebuyer? Here are the specific factors that qualify somebody as a first-time homebuyer and why they are important: Who Qualifies as a First-Time Homebuyer? As suggested by the name, a first-time homebuyer is any person who is purchasing their...

FHA

Fha

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Posted on 08/20/2021

What to Consider When Deciding How Much to Put Down on a Home

Buying a home requires extensive financial planning. While the widely accepted standard for down payments has been 20% of the purchase price for decades, many are wondering if that’s still required. In reality, there are ways to qualify for a mortgage with less than 20% down payment—even some options without a down payment at all. However, there are...

Down Payment

Home Buying

+ 9 more

Posted on 06/23/2021

4 Reasons Why Down Payment Amount Matters

Many financial experts suggest paying a 20% down payment when buying a home. While for some prospective homebuyers this may be a simple task, others might wonder if the suggested 20% of the home purchase price—or higher—are necessary. Here are some reasons it benefits you to make a larger down payment when buying a house: Score Better Mortgage...

Down Payment

Financing

+ 16 more

Posted on 09/22/2019

House Hunting in your Backyard

House hunting in your hometown can lead to a false sense of confidence. Knowing the lay of the land, best routes to commute and the quality of schools are all advantages. Yet, these can lead to assumptions which may cause you to miss out on hidden gems. Existing houses that have not been on the market in several...

Homebuyers

Older Homes

Posted on 09/08/2019

Some Things To Know Before Buying A Condo In Florida

For many, buying a condo is the ultimate dream, and with benefits like no yard to mow, security and affordability, it is easy to see why condo ownership is in high-demand. However, when searching for a condo, it is essential you know that condos are a bit different from town homes or single-family homes. Below are some guidelines...

Considering A Condo

Real Estate

+ 1 more

Posted on 08/25/2019

Renting Versus Buying - All About the Money

There are several ways to think about renting versus buying. Conventional wisdom might say that buying, and therefore owning, a home is always better. However, your situation may be different. Before you jump in the buying pool, consider how the costs might stack up for you. How to think about housing. Say that you are moving to a...

Renting A House

Homebuyers

+ 1 more

Posted on 08/18/2019

Your Dream Kitchen Wish List

If your dream kitchen space is one that is used to for both large gatherings and small intimate dinners, then think about what you would want to include. The layout has everything to do with how you use the space. An entertaining kitchen may not be a chef's kitchen, or it may fit both the social butterfly and...

Homebuyers

Kitchen

+ 1 more

Posted on 07/14/2019

Spotting A Great Foreclosure Deal

If you want to take advantage of the market and to get a good deal on a foreclosure, apart from having sufficient cash, there are some few things you need to know before you complete the transaction. Before you get started, you should understand what foreclosure means. Succinctly, a foreclosure is a bank-owned property, often known as real...

Buying A Foreclosure

Homebuyers

+ 1 more

Posted on 05/19/2019

Getting Ready to Relocate

Moving is not an easy task. To another continent, across this continent, or just down the block—moving is a significant undertaking. Reasons for moving are as varied as there are people. No matter the reason(s) there are common things to consider and evaluate. Stretching your dollars Budget is usually at the top of most people’s list. Moving to...

Homebuyers

Relocating

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Posted on 01/06/2019

Use Downsizing to Your Advantage

Buyer Tips

Home Seller

+ 2 more