A dual agent is someone who works with both the buyer and seller in a single real estate transaction. Understanding dual agency can be very confusing for people who don’t know what they’re getting into, especially when you’re purchasing a home for the first time. In real estate, the term “agency” describes the type of [...]
A starter home is a home that’s ideal for a first-time property buyer. There are varying definitions of a starter home, however, they typically consist of the same common themes. A starter home is defined as property that buyers want and need at the current point in time. These homes meet temporary buyers’ requirements and [...]
Jumping into the real estate scene can become really intimidating. If you’re new to home buying, learning how to navigate tricky real estate jargon and terms can take up much more time than you’d initially thought. And unfortunately, there are many scams out there, preying on unwilling victims who don’t know what to expect or [...]
House flipping is the process of purchasing a property, rehabilitating it, and selling it for a profit later down the line. If you take the proper steps, house flipping can be a highly lucrative endeavor. If not, you’ll wind up wasting plenty of time and money. If you make a bad decision, you could end [...]
Image source If you’re considering the prospect of becoming a single homeowner, you’re not alone. There’s a common misconception that the majority of homeowners are couples and families. But contrary to popular belief, single mothers do have a track record of home buying. In fact, 66% of recent home buyers were single females, according to [...]
Image source BRRRR is a real estate investment strategy that stands for Buy, Repair, Rent, Refinance, Repeat. Many practitioners agree that this is a great way to get started in real estate without spending all your cash. Unlike some of the more conventional ways of buying rental properties, you could end up with less cash [...]
Image source House hunting is one of the best parts of the home buying process. Seeing how different homes cater to your lifestyle and envisioning the changes you’ll make to a property are half the fun. But as you search for your dream home, you might find yourself realizing that the ideal property isn’t always [...]
Image source Every year, one out of nine people move to a new neighborhood or state. There are many reasons why people relocate, with the most common reason being wanting a better home or apartment, according to the U.S. Census Bureau. Relocating to a new area can be intimidating for anyone. Throw a home purchase [...]
Image source Buying a home can be a lengthy and arduous process—especially if it’s your first time. As one of the biggest financial investments you’ll make in your lifetime, it makes sense that you’d want to save money during your home buying process. Unfortunately, there are many home buyers that falsely assume foregoing a real [...]
Image source In the past, we’ve discussed some of the biggest mistakes that home sellers make. In this post, we wanted to take the time to discuss the other side of the equation: some of the biggest mistakes that homebuyers make. Taking the leap to homeownership can be both frightening and exciting, but with the [...]
