The Top House Appraisal Tips For Home Buyers And Sellers

Mortgage , ,
There are a lot of steps that come with buying or selling a home. One of the routine steps that have to be accomplished is called a home appraisal. When it comes to a home appraisal, this is something that can cause both buyers and sellers to pause for a second. For those who might not know, a house appraisal is where a trained professional will take a look at the fair market value of the home. It is important to understand what happens when a home appraisal is conducted.  Compare The Home To Similar Properties When a home appraisal…
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Looking For A Major Lifestyle Change? Consider Buying A ‘Micro’ Home

Home Buyer Tips , ,
With the sometimes high cost of buying and maintaining a home and the concept of being sustainable becoming more popular, many people are considering moving to a smaller home to minimize their impact. It's important, however, to consider what living small is really like before deciding that it's the right move for you. If you're curious about life on a smaller-scale, here are some things to contemplate beforehand. Getting Rid Of The Excess It's just a fact that a smaller amount of space means a smaller amount of stuff, but many people don't realize this works two ways. While you…
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Managing Finances Before Applying For A Mortgage

Real Estate , ,
Are you planning on using a mortgage to help cover the cost of a new home? If so, you will want to prepare your finances and figure out how you will manage all those wallet-draining monthly expenses. Let's take a look at how to run a quick financial health check to ensure you are ready to apply for a mortgage. Update (Or Start) Your Monthly Budget First, it is essential to get the basics out of the way. If you haven't already, it's time to start a monthly budget to keep track of your income and expenses. Once you have…
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Recently Inherited a Home That You Don’t Need? Here’s How to Get It Sold Without Too Much Stress

Home Seller Tips, Mortgage , ,
Has a loved one or family member recently passed on and left you with their home? Inheriting a house can be a delightful gift, but it can also present a significant number of challenges that you must navigate. Let's explore how to deal with an inherited house and, should you decide to, how to sell it without incurring too much stress. Are Emotions Involved? The death of a family member or other loved one can be a trying time emotionally. Depending on how the deceased left the property, you may also have to deal with cleaning out personal belongings and…
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When Is the Right Time to Buy Your First Home? Use This Easy 4 Point Checklist

Home Buyer Tips , ,
Are you growing tired of renting? Or perhaps you've recently graduated from college and are looking to set down some roots? Whatever the case, buying your first home is an exciting prospect. Let's take a look at a quick and easy four-point checklist that you can use to determine if you are ready to buy your first home. #1: Is Your Credit In Good Shape? How is your overall financial health? Once you have your down payment saved up, you should turn your attention to your credit rating. If you are going to borrow a mortgage to help cover the…
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Curious About Homeowners’ Association (HOA) Fees? Here’s What You Need to Know

Home Buyer Tips , ,
If you are thinking of buying a condominium or a home that is part of a planned community, you have likely come across the term "homeowners' association" or HOA. In short, the HOA is a coalition of local homeowners who have banded together to manage the needs of the local community. Let's explore the concept of the homeowners' association, why they charge fees and what you can expect from your HOA if you buy a home that is part of one. HOA Fees Are Meant To Make Things Easier HOA fees are meant to make your life easier. Common sense…
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3 Ways That Buying a New Construction Home Beats Buying an Existing One, Every Time

Home Buyer Tips , ,
Are you in the market for a new house? Whether you are a first-time home buyer or are upgrading to get more space, you will need to choose between buying an existing home or building a brand new one. As you might imagine, there are pros and cons to each kind of home. But if it is in your budget, you may want to lean towards a newer home over an older one. Let's explore three reasons why new construction homes are better than existing homes. Customize Every Aspect To Your Tastes Ask anyone living in a custom-built home and…
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Looking to Buy a Home in 2018 and Don’t Know Where to Start? Here’s a Few Tips

Home Buyer Tips , ,
Are you a renter that has become tired of paying someone else's mortgage and not building any equity? Or a homeowner who has a growing family and is in need of more space? Whatever the case, if you are in the market for a new home there is no time like the present. Let's explore a few tips that will help you to prepare for the home buying experience. Tip #1: Prepare For A Busy Spring Season First, it should be pretty obvious that you aren't the only house hunter on the market. Other local individuals and families alike will…
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3 Great Reasons to Use an Experienced Mortgage Professional for Your Next Mortgage

Home Mortgage Tips , ,
Are you thinking about buying a new home in 2018? Whether you are a first-time home buyer or you're downsizing now that the kids have moved out, you are likely considering whether or not you will need a mortgage. Even if you can afford to buy a home in cash, taking out a mortgage can help you maintain your liquidity for other spending purposes. No matter what the case, you will want to work with someone who can help you understand your options and what the right decision might be. Let's explore three excellent reasons why you should work with…
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Buying a New Home in a Hot Real Estate Market? Here Are 4 Tips You Will Need to Be Successful

Home Mortgage Tips , ,
Are you in the market for a new house? In a buyer's market, finding and closing on a beautiful home can seem very easy. However, if you are shopping when the market is hot, you may end up fighting bidding wars and losing your dream home to a competing buyer. Let's take a look at four tips that you will need to be successful when house hunting in a hot local real estate market. Tip #1: Do Your Research Ahead Of Time It should go without saying that in a hot market you will need to move quickly. Making an…
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