Traditionally, purchase agreements include something called an appraisal contingency in the purchase agreement, which acts as an exit for the buyer in the case of a low appraisal. An appraisal contingency is a good way to keep you out of a bad situation.
Homeownership has declined over the recent years, especially with the younger generations. Many millennials have been simply renting instead of buying. What’s holding them back?
So, mom and dad want to buy another house. You really need to help them out and make sure that what they buy isn’t going to be what they want to sell soon after. There are some important considerations for seniors in the housing market.
The home-buying process can be intimidating for first-time buyers, especially after the housing market’s rollercoaster ride over the last decade. Take a look at the advice we have here to help make your first time buying a home a simple process.
In this week’s installment of our Buying a Home series, we’ve created a checklist of some of the main things you should be thinking about and looking for in the basement of a home. Thinking about all of these different things beforehand can help you decide on the right home for your needs.
Buying a home can be an emotional process. It doesn’t take much to fall in love with a house, but it’s important to consider all the factors before making a house your permanent home. Beyond paint on the walls and the size of the room, what should you be looking for when it comes to the living areas in a home? We’ll help you figure that out in just a few easy steps.
Read to learn more about low down payment mortgage options to buy a home.
Housing counselors are professionals who assist you in the process of saving your home from foreclosure. Once you meet with a housing counselor, explain your objectives and give them specific information about your situation, they’ll guide you through a series of actions to lead you in the right direction. Some services charge a fee, while others, like HUD, offer the help of housing counselors free of charge.
In today’s competitive real estate market, finding a home can be difficult, and getting a bid accepted on a house can be even harder. Bidding wars are back, and knowing how to navigate competitive bids is very important.
Building a new home is an exciting process, and incorporating or making a completely energy-efficient home offers you a ton of great benefits. With real estate trends pointing to more demand for these types of homes, you can put yourself in a good selling position later in the future and enjoy saving money while you live there.