Buyers

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Buyers Buying an Equestrian Property: Prioritizing House vs Land Equestrian properties are unique. If you’re thinking about buying equestrian property, you have to weigh different aspects of a listing than you would for a typical single-family home purchase. As you look at properties, you will face the dilemma of whether to prioritize the property’s land or the house itself. In the end, the right equestrian […]
Buyers What Does DOM Mean in Real Estate? As you start searching for homes, you’ll likely come across different terms that describe the status of different listings. One term, “Days on Market” (DOM), can play a role in your strategy for making an offer. Knowing what this term means will help to inform your discussions with your agent as you go about finding the […]
Buyers Ten Qualities to Look For in Your Real Estate Agent Buying a home is one of the most significant financial and emotional purchases of a person’s life. That’s why it is so important to find an agent that can not only help you navigate the home search process while answering your questions and addressing your needs from start to finish. Most importantly, your agent should care about […]
Buyers What to Do After Moving Into a New Home Nothing beats the feeling of buying a new home. You’ve worked hard with your agent to find the right home for you, you’ve worked with the seller to finalize the deal, and you’ve signed all the paperwork to transfer ownership. Congratulations! Everything has led to securing your new home, so now that you’re officially moving, what […]
Buyers What Is a Pre-Listing Inspection? A lot of information comes at you during the house hunting process. As you search for a home, you’ll likely come across the term “pre-listing inspection” here and there. It can be confusing, especially if you’re buying a home for the first time. So, what is this special report and why is it only found in […]
Buyers How to Avoid the Most Common Buying/Selling Mistakes There’s nothing more exciting, rewarding, and fulfilling than buying or selling a home. However, it’s a complex transaction, and there are a number of steps along the path that can confuse even the most seasoned buyers and sellers. How can you avoid potential selling pitfalls and common buying mistakes? Look to your real estate agent […]
Buyers Buying a Second Home Primary homes are associated with putting down roots. Maybe you have plans to remodel your home and sell it for a profit at some point down the road, but for the foreseeable future, primary homes are usually bought with the intention of living in them for quite some time. Second homes, however, offer several options to homeowners […]
Buyers Turnkey vs. Fixer-Upper: Pros and Cons The beauty of real estate is that different properties satisfy different needs. Although single-family homes are great for putting down roots, that may not be your motivation for purchasing your next home. If you’re looking to buy a property with the intent of renting it, both turnkey and fixer-upper listings will cross your path during your home […]
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Buyers 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, […]
Buyers Buying a Fixer-Upper For some home buyers, a fixer-upper is their idea of a dream home. However, the process of buying a fixer-upper comes with additional responsibilities compared to properties in better condition or new construction homes. Preparing for the process comes down to creating a remodeling plan, knowing what to look for when searching for listings, and understanding […]
Buyers 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 […]
Buyers Mansion vs Estate: Features of Luxury Properties Mansion vs Estate If there’s one thing that’s clear about a mansion or an estate, it’s that they’re not your average houses. But what differentiates the two? Are the two terms interchangeable? Mansions and estates actually each have separate characteristics that give them their special classification. Understanding a bit more about what makes them special […]
Buyers Buying a New Construction Home You’ve got several options to choose from when buying your next home. With existing homes, it’s in sellers’ best interest to spruce up their properties, so they’ll usually complete some kind of upgrades, curb appeal projects, and remodeling before hitting the market. A new construction home, however, has no previous owner; it comes brand new. […]
Buyers Homeownership Terms to Know: Pre-Approval, Pre-Qualification & More Throughout the home buying process, you’ll encounter several checkpoints. At every stop, you’ll get closer to the ultimate goal of purchasing your next home. Each one satisfies unique criteria required to become a homeowner, and each one has its own terminology. Before you begin your home buying journey, it’s helpful to know about pre-approval, pre-qualification, and […]
Buyers 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. Here is […]
Buyers What’s a Home Warranty and Why Do You Need One? To be a homeowner is to understand that things can change at a moment’s notice. It’s only a matter of time before the systems in your home break and your appliances are on the fritz. But this inevitable truth isn’t meant to be all doom and gloom. Fortunately, you can protect yourself against these events […]
Buyers 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 rate buydown […]
Buyers 8 Costs of Renting a Home If you’re not quite ready to buy a house, it may be better to rent for the time being. Though renting can be the more affordable option, being a tenant in someone else’s home still comes with its own unique set of costs. Here are eight common costs you should be aware of before signing a […]
Buyers 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 and for sellers […]
Buyers Real Estate Terminology: Contingent, Pending, Under Contract, and More Different real estate transactions have different conditions based on the status of the listing. The following information is meant to clarify some common real estate terms that describe a home for sale and its position in the closing process. For sellers, understanding this terminology will inform your conversations with your agent when it comes time to […]
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