Posts Tagged buying a home

3 Things You Might Not Know About Short Sales


Thinking of buying a home? Want to find a bargain? Short sales may be worth considering, but only if you can handle this real estate transaction’s unique challenges. Before you fall in love with a short sale and start working on an offer, take some time to familiarize yourself with the following lesser-known aspects of buying a short sale. 1.) Short sales aren’t always priced at a deep discount. (And sale price is subject to the seller’s lender’s approval) Short sale properties are homes listed at a discount, typically as a last resort method of avoiding a foreclosure situation. For

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What to look for during your new home walk-through

Luxurious Home

Thinking of buying a newly-built home? With the current housing market inventory struggling to keep up with rising home buyer demand, it’s not surprising that more and more Americans are turning to new construction in order to purchase their dream home. The benefits of choosing new construction are numerous. New homes can be customized, typically feature the most modern appliances and design features, and can be financed through several different mortgage options, including low money down FHA loans. But new homes sometimes come with their own set of challenges, too. And while the walk-through before closing is important for any

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With fewer homes on the market, does the starter still make sense?

nice starter home backyard

Typically, a first time home buyer chooses a smaller, modest house or condo to begin building equity. After a few years and as their family grows, the homeowner cashes in on that equity and puts their home up for sale, using the proceeds as a down payment on a bigger, better home. At least, that’s always been the traditional timeline of events for your average American home buyer. But today, things are a little different. National home equity took an enormous hit during the Great Recession and some homeowners are still struggling to regain their lost home value. This led

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