Posts in category 'Buying A Home'
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16
What's on Top of a Millennial Wish List?
There are many misconceptions about what drives Millennial homebuyers to make an offer on a property. When you are selling your home, cutting through the "wrong" ideas can make your home more appealing to this highly motivated demographic. As you prepare your listing, the following are nine things that are at the top of a Millennial buyer's wish list.
- Room to Grow
The majority of Millennial homebuyers are around 30. They are eager to settle down and start a family. This means they want a property with an extra bedroom or two, a yard, and enough space for them to put down solid, stable roots. Three bedrooms and two bathrooms within a 2,500-square-foot home is an ideal property for this demogr...
17
10 Real Estate Terms Sellers Need To Know
Selling your home is a complex process. But one thing you can do to make it easier is to get familiar with some of the real estate terms that will be used. Here are some of the most common terms and what sellers should know about them.
- Seller's market
A seller's market is advantageous to you, the seller. It means there are lots of buyers and fewer sellers. Under these conditions, homes often sell quickly and at or over the asking price. - Listing agent and dual agency
The real estate agent who lists the home for sale and represents the seller's interests during the transaction is the listing agent. Dual agency is where the same agent represents both the buyer and the seller. Because it can create a conflict of interest, dual agency is illegal in some states. - MLS
MLS stands for Multiple Listing Services. It...
26
10 Things No One Told Me Before Buying A House
Buying a house is a rewarding but complex adventure. The more you know about the process, the easier it is for you to find the right deal for you.
Over and over, first-time homebuyers, in particular, have mentioned there are things they wish they'd known. This list of ten common "things no one told me before buying a house" will get you off on the right foot when it's time to house-hunt!
1. Down Payments
It wasn't that long ago when a 20% down payment was considered standard for b...
5
Considering buying a home? Ask yourself these two questions
Considering buying a home? There are the top two questions you need to ask yourself about home prices and mortgage rates as you make your decision.
If you're thinking of buying a home, chances are you're paying attention to just about everything you hear about the housing market. And you're getting your information from a variety of channels: the news, social media, your real estate agent, conversations with friends and loved ones, overhearing someone chatting at the local supermarket, the list goes on and on. Most likely, home prices and mortgage rates are coming up a lot.
To help cut through the noise and give you the information you need most, take a look at what the data says:
1. Where Do I Think Home Prices Are Heading?
One reliable place you can turn to for that information is the Home Price Expectation Survey from Pulsenomics – a survey of a nation...
21
New Keys? 15 Things You Need to Know About Your New Home
Moving into a new home is an exciting time and comes with so many things you need to learn. Whether you are a new homeowner or it's not your first rodeo, you'll need to familiarize yourself with the many systems that make this house function.
Here are 15 essential basics you should know about your new home. Consider #1, #2, and #3 your first priorities!
1. Water shut-off valve. Whether you need to replace a leaky faucet or prevent a burst pipe from flooding your home, it's important to know how to quickly turn off the water supply. To do this, you'll need to locate the shut-off valve connected to the main water line entering your home. If your home has a basement, check for the shut-off along one of the outside walls. If your home does not have a basement, check for the water shut-off at ground level near your hot water tank. After you find it, make sure everyone in your home knows where the shut-off is locate...