Tag: Buying A Home

Posted on 02/17/2021
Navigate the Homebuying Journey Like a Pro
The homebuying journey may seem long, complicated and time-consuming at first. Fortunately, there are lots of things a property buyer can do to streamline the process of finding his or her dream residence. Now, let's take a look at three tips to help a homebuyer navigate the property buying journey like a pro. 1. Narrow Your Home Search If...
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Posted on 05/26/2020
Pre-Qualification and Pre-Approval: Two Different Steps
Photo by Tayeb Mezahdia via Pixabay When you start looking for your dream home, you need to know how much mortgage you will qualify for. Your real estate agent might ask you to get a pre-qualification letter. However, just because you are pre-qualified doesn’t mean that you will get the loan. You need a pre-approval for that, and...
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Posted on 05/19/2020
Home Equity Explained
Buying your first home is a big decision; one that involves a lengthy process of saving money, building credit, and planning the next phase of your life. However, owning a home comes with one major payoff: home equity. Simply put, home equity is the amount of your home that you’ve paid off. However, it does get more complicated when...
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Posted on 05/13/2020
Common-Interest Housing
Image by Free-Photos from Pixabay Common-interest housing includes individually owned spaces and common areas shared by all owners. The common areas can include clubhouses, landscaping, parking lots or pools. Multistory buildings share lobbies, stairwells, and elevators. Any community that shares property including single-family free-standing homes in developments, falls into the common-interest category. The two most familiar types of...
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Posted on 05/03/2020
Tips for Homebuyers: Learn About the Local Housing Market
An informed homebuyer may be better equipped than others to enjoy a successful property buying experience. In fact, an informed homebuyer likely will understand the ins and outs of the local housing market – something that could make it simple for this individual to discover a great residence at a budget-friendly price. Ultimately, it helps to review the local...
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Posted on 01/29/2020
Get the Best Results From Your House Hunting Efforts
If you've set a goal of buying your first home within the next year, there are several things you can begin doing now to set the stage for a positive experience. While it pays to familiarize yourself with everything from your credit score to mortgage options, choosing a good real estate agent will prove to be an invaluable advantage...
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Posted on 01/22/2020
Pros and Cons of Living in Beautiful South Florida
Photo by Dimitris Vetsikas via Pixabay There’s nothing like the South Florida sun, right? The beauty of the water, sandy beaches and plenty of things to do. Those are just a few reasons why Miami continues to be a popular destination – not only to visit, but to live as well. People see all the storms and inclement...
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Posted on 01/08/2020
FHA Loan FAQ: Answers to Commonly Asked Questions About First-Time Homeowner Loans
If you’re hoping to buy your first home in the near future, you’re likely wondering about the different types of mortgages that you may qualify for. Since the 1930s, the Federal Housing Administration (FHA) has been insuring home loans for first-time homeowners across America. This program helps people achieve homeownership who typically wouldn’t be able to afford the down...
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Posted on 12/25/2019
Why Should You Submit a Competitive Offer on a Home?
If you're on the lookout for your dream house, it pays to operate as a competitive homebuyer. And if you find your ideal residence, you should not hesitate to submit a competitive offer to purchase this house. Ultimately, there are many reasons why you should submit a competitive offer to acquire your dream house, and these include: 1. You...
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Posted on 11/06/2019
How to Approach a Home Inspection
A home inspection is a crucial part of the homebuying process. At this point, a home inspector will walk through a house with you and examine the property inside and out. If a home inspector identifies underlying problems with a residence, these issues could put your purchase in jeopardy. On the other hand, if a home inspection reveals that...
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Posted on 10/09/2019
How to Avoid a Complex Property Buying Journey
For those who want to enjoy a seamless homebuying experience, it helps to prepare accordingly. That way, you will be ready to identify and address any hurdles that come your way during the homebuying journey. Ultimately, there are lots of things you can do to avoid a complex homebuying journey, such as: 1. Establish Homebuying Criteria If you enter...
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