Tag: Homebuyer

Posted on 07/07/2024
Considering Your Finances: Is Home Ownership the Best Choice?
Whether you’re planning on buying investment property or a new home, there are financial factors to consider. Knowing the details of your financial situation will help you make the best decision and help avoid unnecessary stress. If you’re trying to decide between renting and buying, here are some of the main financial things to go over: Savings Most...
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Posted on 12/10/2023
Assuming a VA Loan: What You Should Know
Assuming a VA loan can be a convenient and cost-effective way for veterans to finance a new home. By assuming a loan, the buyer can take over an existing mortgage when buying a home. Loan assumption can have numerous advantages for the buyer and seller, and is considered an often overlooked VA benefit. Here are some major reasons...
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Posted on 05/15/2022
How to Sell to a First-Time Homebuyer
First-time homebuyers are an important subset of potential customer every agent and seller should know. As younger generations reach the age and stage of wanting to purchase a home, they’ll be entering the market with specific needs. If you’re selling your home—either through an agent or by owner—here are some of the most important things to do to...
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Posted on 10/10/2021
The Pros and Cons of Buying a Starter Home
Photo by Scott Webb from Pexels Potential new homebuyers have the choice of buying a starter home or a forever home. The details mean something different to everybody, but a starter home is usually regarded as a short-term living situation if you can’t afford your dream home yet. Some choose to wait until they can afford their forever...
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Posted on 09/05/2021
Should You Avoid an HOA Neighborhood?
Photo by Romakoma via Shutterstock Many modern housing developments share areas such as parks, pools and playgrounds. When this is the case, they need a homeowner’s association to tend to the needs of the common areas. The same is true for condominium complexes and townhome communities. Since hallways, elevators and the outsides of buildings require shared maintenance, the...
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Posted on 03/28/2021
Legal Reasons to Back Out of a Real Estate Purchase Contract
Photo by Gerd Altmann via PixabayOnce you sign a purchase agreement, whether you are the buyer or seller, it is very difficult to back out of it. However, as a buyer, you are able to back out if your real estate agent drafts the contract properly. Real estate agents use a standard contract. That does not mean that...
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