Tag Archives: home buyer
4 Mistakes Same Sex First Time Home Buyers Make
Owning your first home together is an exciting dream that can come true with a minimum of stress if you prepare before you begin your search. Many people, including same sex couples, make the mistake of jumping right into the search for their perfect home and then end up stressed out and exasperated with the unknown. Following are the top five mistakes first time same sex home buyers make. 1. Not Getting Pre-approval from a Mortgage Company Getting pre-approved for […]
My Partner and I Are Making an Offer On a Home, What Does All That Lingo Mean?
When purchasing a home, you will hear many different terms. When you make an offer, you will do so on what is usually a standard form that is called a purchase offer agreement. That is the document that outlines factors including the price you are willing to pay and any contingencies that you would like met. This document will not become a legal contract until you, your partner and the sellers sign it. Following are some other definitions for lingo […]
Gay Realtors Top 5 Most Common Home Buyer Mistakes
Right from the time you start looking for a home to the time you close escrow, there is a lot to consider and many decisions to make. Making mistakes along this journey is not something new. But with the current financial standards, making mistakes will end up wasting your hard earned money. You need to avoid the mistakes at all costs, but how? Below are some five mistakes that are very common among home buyers, and ways to avoid them […]
What Your Don’t Know About Buying a Home Could Cost You
With the housing recovery now well underway housing starts are up; builder confidence is at a 7-year high; there are fewer foreclosures; and home prices continue to rise you may be inspired to get off the fence and buy that dream home. But are you really prepared? Here are a few things you may not know and what you don’t know could potentially cost you. Credit score When was the last time you checked your credit score? Any idea how […]
How Much Home Can You Afford to Buy?
Have you ever asked yourself this question: How much home can I afford to buy? If you did, and are still wondering the answer, we’ll help to answer it here. Figuring out just how much home you can afford is an important aspect of buying a home. You find a home you absolutely love and begin the whole loan process only to be disappointed because you simply cannot afford it. By figuring out how much house you can afford beforehand, […]
Home Buyers Be Advised – Cash is King!
If you’re looking to buy a home right now, you’d better find some cash and you’d better find it fast. Right now homebuyers across the country, already in frenzied bidding wars for homes, are increasingly losing out to the almighty all-cash buyer. “I had one couple, that was very well-qualified but would require a mortgage, put offers on four properties that were all sold to somebody else who paid cash,” says Bruce Taylor, president of ERA Key Realty Services in […]
Housebuying Tips in Multiple Offer Markets
As the housing market continues its recovery, prospective home buyers in some areas may have found, much to their dismay, that the inventory of houses for sale is somewhat limited, and sellers are receiving multiple offers. A recent analysis by the real estate site Zillow, for instance, found that while some improvement has occurred, the inventory of homes for sale nationally in April was down about 14 percent from the same time last year. The National Association of Realtors, meanwhile, […]
Interview Questions to ask a Real Estate Agent before Buying a Home
Real estate agents are varied and have multiple levels of experience and motive. Finding a good real estate agent before you purchase a home is worth shopping for. It will take time to find a home that you like, and you should be as determined to find a great real estate agent that you like and trust to keep your best interests at heart. A professional real estate agent or REALTOR® should not have a problem answering some of the […]
Trick or Treat ~ What to Look for in a Home Inspection
Buying a home isn’t as clean cut as you would like it to be, requiring that you take the time to inspect the home before you decide if it’s the right fit for you and those that will be living with you if you have a family. Your inspection should involve several things, most importantly, electrical, roofing, pluming and foundation. In addition, whether or not the floors are stable, without drooping spots or sink holes, and whether or not the […]
When Buying a Home, How Do I Find A Good Area?
Making the decision to choose an area for your next home is a complex one. You’ll need to consider the school district, if you have or plan to have children, proximity to work, and a vast array of other variables that making the right decision often seems overwhelming. A good area is a very subjective idea; one property may be perfect for one family, yet a deal breaker for another. It’s important to identify a baseline set of criteria so […]