Buying Foreclosed Properties and What to Expect Potential buyers spend a lot of time worrying about the cost associated with buying a house. One of the options available to potential buyers is a foreclosed property. A foreclosed house is one that was previously owned by homeowners but was repossessed by the mortgage holder or lender [...]
Buying Flipped Properties and What to Expect You may have heard about flipped properties watching home make-over shows and reading interior design magazines and saw how amazing it turned out and thought you might find your dream home this way. Before going down that road, what exactly is a flipped house? Flipped properties are [...]
Homeowner’s Association and What to Expect If you’re in the market for a home, chances are you’ve visited an open house or scheduled a property viewing. During open houses or property viewings, the house is all dressed up and allows you to see the full potential of a home. It’s also a good opportunity [...]
Homeowner’s Association and What to Expect First time moving into a new neighborhood that has a Homeowner’s Association? What exactly is a Homeowner’s Association or HOA? It’s a private organization in a neighborhood or community that creates and enforces rules and manages the upkeep of the community. Moving into a community covered by a [...]
Understanding Closing Costs Closings costs are part of any real estate transaction. You’ve made the huge decision that you are ready to buy a home and part of this decision is ensuring that you are financially prepared for it. A lot of prospective buyers focus on the property cost, interest rates, and downpayment, however, [...]
Buying in a Buyer's Market If you are in the process of buying a home or have talked to a realtor, you might have heard of them saying that “It’s a buyer’s market right now, now would be a good time to buy” or “It’s a buyer’s market, there would be lots of inventory [...]
Real Estate Negotiations 101 for Buyers It is commonly known that almost every buyer who is purchasing a home will more or less have to negotiate the price with the seller. Moreover, the seller will actually expect this and price their homes higher than the current market value. Another known fact is the negotiating [...]
Things to Consider Before Buying a Home Buying and owning a home is a dream that most people have. After all, a home is one of the biggest investments and assets a person can have. This means that making the decision and commitment to purchasing a home is something that shouldn’t be taken lightly. [...]
Advantages and Disadvantages of Open Houses/b> For a lot of homeowners looking to sell their homes fast, it is almost a given that they should host open houses. An open house, after all, is a common practice in the home selling process. However, it isn’t a requirement to host an open house in order [...]
Pros and Cons of Renting a Property Looking for a new place to live in can be quite complicated as there are a million things to consider. From choosing the location to the property type, and even down to the number of rooms that you need. For most buyers, the first step is deciding [...]