first-time home buyer

Auto Added by WPeMatico

before you buy How to Pay for a House Buying a home is, for many people, the largest financial undertaking of their lives. So, how do the numbers work? How is the price of a property converted into a transaction? Let’s take a look at how to pay for a house by focusing on some of the major components in a real estate purchase, […]
Buying 10 Important People in the Home Buying Process It takes a village to purchase a home. Though it’s ultimately you who is paying for the property, successfully purchasing a home is a result of several people’s contributions. It helps to know who these individuals are, how they responsibilities pertain to your home purchase, and when you’ll encounter them during your journey. Here are […]
Buying How to Search for a Home: Buying Guide The right home is out there, you just have to find it. This may seem like an oversimplification of the home search process, especially for first-time home buyers who haven’t been through it before. But once you’ve figured out your budget and discussed your needs with your real estate agent, you’ll be off and running. […]
Buying How to Reduce Your Interest Rate: Mortgage Buydowns This blog post contains contributions from Penrith Home Loans. When mortgage rates are up, prospective buyers can often feel like they’re at a disadvantage as they go about securing a home loan. Fortunately, there are ways to lower your interest rate to make your monthly mortgage payments more affordable. What are mortgage buydowns? A mortgage […]
Buying What is the Multiple Listing Service (MLS)? In the process of buying or selling a home, you’ll frequently come across the term “MLS.” The Multiple Listing Service (MLS) is a group of regional databases of homes for sale accessible only to real estate agents and brokers. Their ability to access the MLS makes it easier for buyers to find the right home […]
Buying Making a Contingent Offer: Common Real Estate Contingencies Imagine a home-buying scenario where you make an offer, the seller immediately accepts, and the two of you move through closing without any hiccups until you have keys in hand. It’s possible, but a more likely home buying experience is marked by negotiation, counteroffers, and a back-and-forth dialogue between both parties to reach a deal. […]
Buying What Is a Homeowners Association and How Much Are HOA Fees? Becoming a homeowner comes with many responsibilities, but if the home you’re purchasing requires you to be part of a Homeowners Association (HOA), you’ll have to follow additional guidelines and pay additional fees. As you’re looking for homes, talk to your agent about whether purchasing a home that’s part of an HOA is right for […]
Buying How to Win a Bidding War When Buying a House In a seller’s market, many buyers are competing for a limited number of homes. This creates fierce competition amongst buyers and ideal selling conditions for sellers. Sellers will commonly receive multiple offers for their home, often over their original asking price. As the offers stack up, bidding wars will ensue, since only one buyer can […]
Don't Miss Our Next Post
Subscribe Now
Buying What Happens After Making an Offer on a House? Making an offer on a house feels like a reason to celebrate. You’ve applied for financing, worked with your agent to search for available listings, put in time attending open houses, and have found the place you’re ready to call home. However, celebrating at this stage in the buying process could leave you heartbroken if […]
Buying Managing Expectations as a First-Time Home Buyer There’s a first time for everything. As a first-time home buyer, navigating the uncharted territory of the home buying process can be challenging to say the least. Although every home purchase is unique, there are certain knowns that can help you manage your expectations. Once you’re ready to buy, knowing a bit more about how […]
before you buy The Different Types of Home Loans for Buyers Financing terms are the nuts and bolts of a successful home purchase. Once you’ve decided you’re ready to buy a house, it’s a matter of making the numbers work. So, which home loan is the right one for you? Knowing the different types of mortgage loans available to you will allow you to pinpoint the […]
Buying 7 Signs You’re Ready to Buy a Home Making the leap from renter to homeowner doesn’t happen overnight; it requires steady planning to put yourself in a good position to buy your first home. Prospective first-time home buyers can often feel like they’re waiting for a sign to indicate they’re ready to start making offers, when really, it’s a combination of factors. Here […]
before you buy Must-Haves and Nice-To-Haves Lists Finding your dream home may not be easy, but there are things you can do to make it easier, like creating a “Must-Haves” list and a “Nice-To-Haves” list. These lists allow serious homebuyers to save time, energy, and ultimately, money as they prepare to buy a home. A Must-Have List is exactly what it sounds […]
Buying 10 Mistakes to Avoid When Buying a Home Whether you’re a first-time homebuyer or have purchased a home before, the same mistakes can rear their head at any point in the buying process. By working closely with your agent, you can identify these pitfalls ahead of time and adjust accordingly. Mistakes in the buying process can lead to higher costs, added stress, and […]
buying process National Homeownership Month – First-Time Buyers In recognition of National Homeownership Month, we’re shining a spotlight on the home buying process. Each home buying journey is unique, as are the challenges that people face en route to becoming a homeowner. These three stories of first-time homebuyers showcase the importance of working closely with an agent to navigate the buying process and […]