The real estate process can seem complicated, especially if you’re a first-time homebuyer. The thought of dealing with tight inventories, financial requirements and complex negotiations can seem almost an insurmountable challenge. It’s enough to make your head spin and leave you wondering where do you start? Where do you turn next? Wouldn’t it be great if the whole process could just somehow be...
It’s a fact. All the events of 2020 left more and more would-be homeowners buying a home, sight unseen. That trend continues. Homebuyers purchasing a home they had not previously seen in-person is nothing new. People making long-distance relocations have been making use of the Internet and trusted agents for quite some time now. But, it’s only recently that this trend saw a steep incline in the...
There’s no denying that building a new home—rather than buying an existing one—remains popular with homebuyers. In fact, new home construction increased 5.2% on a year-over-year basis last year. New home starts totaled 1.38 million in 2020. That’s an increase of 7% compared to 2019. If you’re thinking of a new home, you may have given some consideration to new construction,...
Every buyer is looking to get value for their dollar. For some, that will mean searching for a foreclosure or distressed property. When buying a foreclosed property, the seller is actually the bank or mortgage lender and they are hoping to recoup as much as possible from the sale. The bank or mortgage lender has already seized the property from the previous owners because of non-payment. Why is it...
When inventories are tight, it’s tempting to forge ahead with an offer quickly once you’ve found a house that checks all the right boxes. If you wait too long, you could lose out to another buyer. While that’s true, a home is the largest purchase of your life. It’s important to learn all you can about it before signing a contract. But do you know all the right things to ask? Here are five...
