Posts with tag 'buying a home'
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14
5 Ways To Simplify Your House Hunt
Buying a house might be one of the most challenging purchases you make. It's an exercise in the physical, mental and emotional. For all the effort it takes from start to finish, the energy invested will pay off with an enjoyable and practical purchase to build wealth. These five tips will help you simplify the process.
1. Get your financial paperwork in order.
You will need to submit detailed financial records to the lender that may take some time to assemble. The sooner you start the process, the sooner the lender will be able to approve you for a loan.
2. Ask a mortgage lender to pre-approve you for a loan.
Pre-approval means that a lender is ready to finance a home purchase. By taking this step early, you'll know how much a lender is willing to loan yo...
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...
27
Sell Your Home As Pet-Friendly - Here's Why
Your home undoubtedly has a lot of beautiful things about it. And you'll want to highlight all of them to make it more appealing to buyers. One positive you probably didn't think about promoting when selling your home is its pet-friendliness. Finding a pet-friendly home is a pretty big deal to buyers, so here's how to let them know your home is the perfect place for them and their furry friends without actually having them present during a showing.
Why Pet-friendly?
Selling your home quickly and at the right price means you need to appeal to as many buyers as possible. The National Association of REALTORS® reports the Millennial generation is the largest group of home buyers today. And pet-friendly homes are significant to them. According to the American Pet Products Association, over 60% of Americans have a pet, and Millennial...
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...