21 Jul
When it comes to selecting the right home in a neighborhood, many homebuyers have been advised by real estate professionals to steer clear of the largest or most expensive priced house in a community. This home buying concept is rooted in the belief lower priced, smaller square footage homes will drive down the resale price of a larger home. Subsequently, when you decide to relocate or dispose of the property, you’ll receive less profit. When you carefully consider this theory, you’ll see it doesn’t appear logical. Read the rest of this article...
07 Jul
Iif you already have some home buying experience under your belt, you’re probably familiar with the process of prequalifying with a bank to determine how much house you can afford to buy. If you’re already prequalified with a lender, sellers will give your offer more serious consideration because they know you won’t have problems satisfying the loan contingency. The fact of the matter is, the price of home you can afford to buy depends heavily on you. Read the rest of this article...
07 Jul
If you’ve been renting for what seems like an eternity, chances are you’ve thought about buying a house, but you dismiss the thought, dreading the embarrassment of being rejected for a loan. The goal of owning real estate seems elusive and many renters are too quick to dismiss the possibility of home ownership. The fear is so pervasive you’ll even come across seasoned renters in their thirties and early forties who continue to avoid buying a property and continue to put up with the hassle of renting. Read the rest of this article...
30 Jun
If you’re still living the single life, chances are you’ve probably considered the option of buying a home. After graduating from school, most single individuals expend their efforts establishing their new found careers, ignoring the prospect of purchasing a home. While owning a home may seem attractive to many single individuals, most decide to pursue the option of home ownership when they get married within the next few years. Read the rest of this article...
27 Jun
If you’re working with a loan agent and Realtor to search for your next home, they’ve probably told you to look at properties in a price range you’ve been pre-approved for. If you’re strictly following their recommendations, you may be missing out on some great real estate deals. Did you know the price ceiling of homes you can consider depends on several factors such as how much income you take in, your monthly expenses, type of mortgage loan, roommates, and many more. Determining what price range of homes to look at will also depend on other multiple factors. Read the rest of this article...
