Buying your home can be nerve-racking, especially if it's the first time. The buying process is exciting and often complex. The chances of making a mistake are relatively high. In today's real estate market where demand surpasses supply, you can't afford to make mistakes. And this is just the tip of the iceberg. If you are in the market to buy a house, here are five pitfalls avoid. Not Doing Your Homework Well Fortune favors the prepared in real estate. And preparedness begins with understanding your finances. A wise buyer examines assets, analyzes debts and gets finances pre-approved before jumping into the house hunt. Know the neighborhood well, since you're also … [Read more...]
5 Creative Ways To Buy A Foreclosure
Buying a foreclosed home is easy, right? After all, they sell for pennies on the dollar, right? Well, that could be a false assumption. Buying a foreclosed property appears easy on TV, but in reality, it can be overwhelming. Foreclosure sales continue to decline in the market from 38.6 percent in 2011 to 14 percent in 2017 but ticking up a bit in 2018 according to Attom Data Solutions, a national property data company. As foreclosure sales drop, competition for these properties become stiffer and more complex. And as home prices increase in most cities, buyers often turn to foreclosures as affordable alternatives for landing their dream home Foreclosures usually occur when … [Read more...]
3 Things You Should Know About Land Surveys
One thing to think about when purchasing a home or parcel of land is to have an updated land survey conducted. While property deeds generally include detailed information, many are outdated for a variety of reasons that include nature, weather conditions, and adjustments in floodplain maps among others. Even when the information about the property is spot-on at the closing, human perception of where your property begins and ends can lead to some unenviable outcomes. Given that buying real estate ranks among the largest personal investments for most people, these are three things you may want consider about land surveys. Good Fences Make Good Neighbors The old Robert Frost poem "Mending Wall" … [Read more...]
5 Trends Shaping Green Homes
Think green home design is a fad? Well, think again. Sustainable home designs are gaining popularity at a breakneck speed. In 2017, green homes accounted for more than 60 percent of family home builder's portfolios, according to a survey conducted by the National Association of Home Builders. But what is really driving green home designs? In this post, we explore five trends shaping sustainable homes. 1. Energy Efficiency Home designs that cater to consumers' need to reduce utility bills continue taking center stage. From net-zero energy homes to energy conserving products, home buyers want to save money. Moving forward, industry experts predict that ultra-efficient … [Read more...]
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