The housing market is beginning to change, with the skyrocketing prices and nonexistent inventory showing signs of improvement as far as prospective buyers are concerned. However, many people looking for a home to purchase are still finding that the available supply is limited at best, especially if they are trying to stay in one particular area. If this is happening …
Making Your Offer Stand Out in Today’s Market
Just the thought of attempting to purchase a house in today’s sellers market is enough to cause many of us a great deal of stress. And while this market is unpredictable and sometimes difficult to navigate, many of us still find ourselves downsizing, expanding, relocating and otherwise in need of a new home. While listing agents are currently flying high …
4 Steps to Get Your Finances Ready for Buying a Home
Buying a home is a thrilling time in a person’s life, but it’s not a situation you want to jump into without preparation, particularly if you have debt. If you’re planning to buy a home within the next year, there are steps you can take to better your position and make you eligible for better loans at lower rates. Use …
What’s in Store for 2022?
The real estate market in 2021 could not have been any hotter, and many people are wondering, “what’s next” in 2022. Will the bubble finally burst, or will house prices continue to sore while inventory shrinks even more? Or perhaps the answer will lie somewhere in the middle. Most experts agree – don’t expect any drastic changes to the market. …
Buying a Home in Today’s Sellers Market
If you are currently in the market to purchase a home, and even if you are merely considering jumping in soon, you might be overwhelmed by frequent news reports that this seller’s market is becoming increasingly challenging for buyers. What you’ve likely heard is true – the pandemic boosted an already quite healthy market, with buyers now looking for larger …
Three Things to Do When Looking for the Perfect Accessible Home
House-hunting is generally a pleasurable exercise, but it can also be fraught with challenges. Those looking to provide for their very specific accessibility needs — such as seniors and persons with disabilities — can attest to these challenges. This is because homes fitted with accessibility features are not exactly a dime a dozen, which limits the search significantly. Add in …
What’s Really Important on Your Inspection Report
It’s a standard part of the process with every home purchase – having a thorough home inspection conducted buy a reliable inspection company. If you overlook the inspection, you could end up purchasing an endless money pit, full of serious issues that are not easily seen by the untrained eye. When you receive your home inspection report, you should immediately …
Fixed vs Adjustable Interest Rates
An important step in house hunting is working with lenders on securing your mortgage pre-approval, and from the beginning you will likely hear the terms “fixed” and “adjustable” when it comes to your possible interest rates. Today we’re going to look at the differences between the two. First of all, an interest rate is the cost of borrowing money. Very …
How Much Do You Know About Home Appraisals?
If you have ever purchased or sold a home, then you are familiar with the part of the home sale process known as the appraisal. But what exactly is an appraisal, and why is it important for you to have one? An appraisal is an official valuation of the property in question, conducted by a trained and authorized individual. Appraisals …
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