Most new homeowners decided to go from renter to homeowner because they had saved a sizable down payment, and either they or a mortgage lender determined the costs of home ownership were no greater than 30% of their income. But what if you’re retired and on a fixed income? Suddenly deciding between renting and buying isn’t so simple. No matter why you’re moving as you enter...
If you’re thinking about becoming a repeat home buyer, you already know things will be a bit more complicated than when you bought your first home. You know the goal: buy a new home while simultaneously selling your current one, close on the same day and move. That’s in an ideal world. But what about in the world we actually live in? Understand the market. Before you start searching for a...
Whether you’re putting your home on the market soon or sometime down the road, presenting it at its best can help you get top dollar and reduce the time it is on the market. There are plenty of things you can do as homeowner to get your home ready. But even the best decor intentions can sometimes result in décor that appeals less to buyers than anticipated. Here are some examples of what not to do...
Once your offer has been accepted, there are still several steps to take before you can close on your new home. One of those is an appraisal. As part of the mortgage loan process, your lender will order an appraisal of the property. This ensures that the home you have chosen is worth the loan your lender is making. In most cases, the appraisal comes in at or above the purchase price of...
by The Offer Company 
Ask about the benefits of homeownership and you’re likely to hear about financial stability and tax advantages. And, for good reason. Home ownership is all of those things. Owning a home builds equity, which can even lead to generational wealth. It’s sometimes even described as a forced savings account. While the financial rewards of homeownership—financial stability, equity and tax...
by The Offer Company 
While not the case with most other parts of the economy, the housing market remained relatively unscathed when it emerged from 2020. In fact, some might characterize it as being stronger than ever. High demand, bolstered by low mortgage rates, has resulted in higher home prices—and that’s a story that’s played out here in Arizona as well as across the country. Despite the strong seller’s...
by The Offer Company 
There’s nothing new about the competitive real estate market facing buyers. If you’re hoping to buy a new home, you may be feeling some anxiety over what is frequently a multiple offer situation. So, what’s a buyer to do? Here are 12 strategies buyers have successfully used to get their offer accepted, despite competing in a crowded field of buyers. Offer an escalation clause. This...
by The Offer Company 
The holidays can be one of the busiest times of the year. If you’re thinking about listing your home, you may be wondering whether you want to add to the hectic holidays or simply wait till after the new year. There’s nothing wrong with listing during the holidays. In fact, you might gain an advantage because potential buyers may have taken some time off of work and have fewer job distractions to...
by The Offer Company 