Tag: Home Buying

Posted on 11/06/2022
Questions to Ask About a New Neighborhood
Buying the house itself is only part of home buying. When you buy a new home, you choose a brand new place to live. In some cases, that place might be unfamiliar or far away from where you lived before. So, it's important to keep the local area in mind during your search. But how can you determine...
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Posted on 08/07/2022
Questions to Ask When Finding a New Place to Live
Home buying is difficult whether you know the area or not. If you're leaving a location you're used to, it can be overwhelming to decide on a new place to live. There are some questions you can ask to determine your priorities and whether a new location is a good fit. Here are some to begin with: How's...
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Posted on 07/31/2022
The Benefits and Disadvantages of Getting a Home Warranty
Today, the home buying process usually includes purchasing a home warranty. Home warranties can provide additional financial protection for major home appliances such as plumbing fixtures and electrical systems. While very popular among many homeowners, home warranties are not perfect for everyone. Here we’ll go through the main pros and cons of home warranties for better understanding of...
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Posted on 07/31/2022
3 Common Misconceptions About Home Buying
Information and advice for first-time homebuyers is everywhere. Unfortunately, many of the most commonly accepted truths about buying a home are either outdated or false. Here are some of the biggest myths about home buying to help you understand the facts. Myth: You Can't Buy a Home With a Bad Credit Score It is possible to qualify for...
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Posted on 06/05/2022
How to start buying a house: The basics
With so many steps involved, answering the question of how to start buying a house can seem daunting. However, there are some basic steps you can take to make the process more manageable before you get to the home inspection and final purchase of your home. Here are some of the basic things you need to do to...
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Posted on 05/22/2022
What Homebuyers Need to Know About Closing Costs
In a home sale, both the buyer and the seller have to pay what are called closing costs. These final expenses include an entire list of taxes, fees and other miscellaneous costs. While sellers usually pay some of the closing costs, buyers still need to prepare for their share of the bill. Here we’ll go over what the...
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Posted on 03/06/2022
A Seller's Guide to Closing Costs
In a home purchase, both the buyer and seller need to pay closing costs. These costs are made up of several individual expenses from different sources and the list can look staggering at first glance. While the buyer typically has the longest list of fees to pay, sellers are still responsible for part of the bill. Here we’ll...
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Posted on 11/14/2021
The Pros & Cons of Higher Down Payments: What Homebuyers Should Consider
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...
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Posted on 07/04/2021
Understanding Real Estate Contingency Types
In a home sale, there are many types of contingencies that might appear in the purchase contract. These special clauses provide ways for the buyer to back out of the sale if various conditions aren’t met. All contingencies are there to protect the buyer rather than the seller, but are usually up for negotiation depending on contract terms....
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