 Articles tagged: buying real estate
<< previous page 1 2 next page>> written by Karrie Rose
Every prospective home buyer is likely looking for some level of security when they’re researching neighborhoods to buy into, but how much is enough and how much is just bordering on paranoid? Home security can range from buying into a neighborhood that doesn’t have evidence of crime going on to installing a home security system, to setting up a neighbourhood watch, to buying into a neighborhood covered in security cameras. written by Lauren Kline
The drawbacks to buying in before construction starts, however, are that it will take longer to actually get your house and the developer may increase the price of your house before it's completed because there is no set-in-stone contract that early in the process. written by Andy Asbury
Some people who feel financially secure are considering a mortgage for a shorter duration than the traditional 25-30 years. This can drastically reduce your overall payments, but can also mean that if your situation changes, you will be locked in at a high mortgage payment. Is it worth it to take out a longer mortgage and make extra payments? written by Mark Hostetler
To determine what your dream home looks like, take a moment to think about your daily life. What activities do you enjoy the most in your home and which do you enjoy the least. written by Justin Lee
While I think that agents should ask their clients questions, I don't believe that it is up to the agent to ask his or her clients for every possible combination of needs that they might require out of a property. At some point it becomes the responsibility of the buyer to let the agent know what they need. written by Lauren Kline
The very first thing that you need to find out is how much you can afford. Talk to your bank and see how much you can get in a pre-approved mortgage. This will give you a ballpark figure to work with. This also gives your agent an idea of what range of homes to show you. written by Lauren Kline
By all means sacrifice having three bedrooms if it just means that you won’t have a guestroom and that isn’t that much of an issue, but sacrificing three bedrooms when you really need that third one just for the sake of that complex with the heated swimming pool may not end up being such a good bargain. written by Lynn Bulmer
In addition to regular expenses, new home buyers on average, spend an additional $4,900 during the first year just making minor repairs and making the house their own. Buyers of resale houses spend about $3,600. These numbers are based on statistics by the National Association of Home Builders. written by Lynn Bulmer
If you're getting ready to make a real estate purchase, you may be wondering whether it's a better deal to buy new construction or an older house. There are benefits and drawbacks to both types of property, so it's important to weigh your options carefully before making an offer. written by Lee Cameron
Many people accept this as part of closing a real estate deal, but if you want to save as much money as possible, you will want to carefully evaluate each fee and find out which ones can be waived or eliminated. written by Rosalie Smith
With all the glamour and luxury options to choose from when shopping for a new construction home its easy to get caught up in the overall experience and not put as much emphasis on the most important aspects of buying a home. Read on to find out the seven mistakes many new home buyers make. written by alexander siniavin
Written more than 2,500 years ago, San Tsu’s The Art of War is a timely advice for today’s real estate investors. This classic study of the planning and conduct of military warfare is widely study by top business people world wide. written by Rocky Israni
Buying a real estate property from real estate development company, is certainly a smart decision than renting a house. Of course, easier said than done, especially in today’s real estate industry scenario where property prices and home loan interest rates are going out of the reach. written by Karrie Rose
One of the prime opportunities in our current market is the first time home buyer. This is a cross-section of the real estate market that is ripe for the picking. While seasoned buyers were cashing in during the boom, first timers could barely make the down payment. Now with low interest rates, cheap house prices, plenty of inventory, and government incentives, first time investors are back in the game again. written by RE Writer
If there's a problem with the house or the neighbourhood, you definitely want to find out about it before making an offer. If the owners are selling due to personal reasons, they may be motivated to sell quickly. Sellers who want to sell fast are much easier to negotiate with, and you could end up getting an excellent deal on the property. If you don't ask about the seller's motivation for leaving, you could end up offering more than you need to. written by Greg Smith
Gutters, chimneys, plumbing, electrical systems, insulation, and heating systems are all part of the home inspector's checklist. Some inspectors will even test the property's water quality, though they are not required to do this. written by Marci McFarland
Sellers may also be unaware of some of the details that need to be arranged prior to the property transaction. You or your agent may have to do some of these things in order to facilitate the purchase, such as arrange for a neutral party for escrow management. Your agent may need to do some extra hunting for accurate house information, such as property lines, if the sellers have not thought to do this. written by Tina Fountain
Lenders must provide a 'good faith estimate' within 3 business days of a loan application. This is a detailed list of fees associated with a mortgage loan. It is only an estimate; the closing costs may not reflect the marked fees. Go over this estimate carefully and take note of the fees. written by Kevin Bilberry
Once upon a time it was easy to sue a builder who was at fault; you waved the contract around in court and things happened. In the case of a contract between you - the buyer - and the builder, it is not difficult to make a case against the construction company. written by Carolyn Capalbo
To some extent the sudden drop in the realty market has scared first-time buyers away - unless they have a parent or an older mentor advising them they 'have seen it all before'. Having 'seen it all before' gives the more mature buyer the confidence to go ahead and grab the bargains, knowing that the market always recovers. written by Vk Melhado
The foreclosure crisis has clued some - certainly not all - people to the fact that buying a house that you can't afford ends up badly. Somewhere between the public's rabid fascination with the rich and famous and the American Dream is the attitude that it is permissible for people to risk their credit rating, their health and their family's security in order to live in a home that is so far out of their budget that it might as well be on another planet. written by Carol Freyer
One major bonus of Shafer's homes is the low cost of heating. Heated with propane, his own home—a smaller model—costs him $170 per year to heat, and that's in Iowa, where winters are winters. Plus, a smaller home requires less maintenance. Everything is smaller and therefore the amount of work to be done is less: less to dust, less to vacuum. written by Nelson Stewart
Choosing to buy a house with a partner usually results from financial need or the hope to make financial profit. Benefits of sharing such as companionship, shared repairs, shared running costs and security often take second place. written by Christian Jacobsen
However, just a reminder: if you buy a home of $100,000 on which the ten per cent is calculated to be $10,000, you will still only be able to claim a tax credit of $7,500 as this is the maximum allowable. written by Lee Keadle
Buying real estate in the near future? Learn how to make effective contingencies in your offer so that you can have a solid contract while protecting yourself as a buyer.
written by Lee Keadle
Townhouses and condos are becoming a more popular option for home buyers in Charleston, SC who want a good location and affordability.
written by Lee Keadle
Learn how today’s real estate market benefits two groups of buyers: first-time buyers, and buyers moving up. written by Gregg Camp
When you buy a house, you have to spend hundreds of thousands of dollars, which is usually going to be paid over a period of twenty or thirty years. Not only is this an enormous financial commitment, but you must also face the prospect of making this new place your home. written by Lee Keadle
If you’re considering moving up, we have some questions that may help you to make this very tough decision. written by Lee Keadle
James Island continues to perform well in the local real estate market. Learn why this bedroom community of Charleston is still going strong! << previous page 1 2 next page>> |
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