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Source: LouisvilleRealty
Being a first-time home buyer is an exciting time as you prepare for your future in a beautiful new home! It’s easy to get wrapped up in the fun of house hunting, that you forget to think about some important things. From hidden costs, to realtor quality, here are 10 common mistakes first-time home buyers make and ways to overcome them!
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A very common real estate myth that both buyers and sellers often believe is that the closing date in a real estate purchase contract is actually when the closing will occur. However, most dates in a real estate contract are "soft" dates. Since both a buyer and a seller agree to a target closing date in the purchase contract it is great when a closing actually happens on or before that date, but it isn’t always possible.
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Photo Credit: PenFed
It's natural to feel a little apprehensive when making a major purchase, but home buying shouldn't scare you out of your wits.
Buyers’ biggest real estate fears sometimes hold them back from buying — not just around Halloween, but throughout the year. The scary thing is, these fears are sometimes well-founded.
Read moreMoving isn’t anyone’s favorite thing to do. Aside from the physical process of shifting everything you own into a new space and/or paying people to do so, there are many other factors to consider, such as budget, location, and (perhaps most importantly) your sanity. But the challenges are worth the struggle if you’ve reached the point where relocation truly is best for you.
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What if your dream home just happens to have ancient wiring and a cracked foundation? So you’ve set your sights on a home that, to put it mildly, needs a little repair work. The stairs are creaky, and you’ve noticed a leak (or three). Still, your mind is made up. What’s a love-struck home buyer to do?
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The papers are signed and the keys are in hand. Here's what you need to know when moving in to a new home. First, change the locks. You really don’t know who else has keys to your home, so change the locks. That ensures you’re the only person who has access.
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While purchasing a property to rent to others includes many of the same procedures as buying a home for your own, there are also a host of factors–both pro and con–that you should be aware of before considering this investment.
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One of the best reasons why owning a home is great is that at the end of the day, it’s yours to do with what you wish. Sure, you may have to take out a great big loan, but with every monthly mortgage payment you’re getting one step closer to total ownership, and you’re building equity, too.
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Buying your first home can seem overwhelming. It can be hard to narrow down what you want, figure out what neighborhoods are the best and decide how much to spend – let alone do all of that with another person! It's common to have a fair share of disagreements while house hunting, so I’ve put together a few tips to help you find your dream home while putting your relationship first and not going crazy!
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Waterfront homes are naturally appealing to buyers. Who wouldn’t want to live right on the water? But although waterfront homes are of interest to most buyers, not many people are aware of the particular risks and issues that can arise with a waterfront home purchase. When you start looking at waterfront homes, you want to know which questions to ask to make sure you do not make a purchase that you will regret. Here are some questions to ask if you're considering purchasing a waterfront home.
Read moreGenevieve Stoll, Realtor®. Licensed in Washington. 3800 NE 4th Street | Renton, WA 98056