After months of searching, negotiating and paper work– you’re about to close on your new home! But wait… there’s still one more step to take before you can begin packing up boxes: a walk-through/home inspection. In order to be sure the house is in perfect condition and that it meets all your contracted requirements, it’s imperative that a final walk-through of your new place is done. Why is a walk-through…
Fall is a great time of year; leaves change colors and people keep busy with holiday festivities alongside their friends and family (among many other things). And for the new potential homeowner, it happens to be the best time of the year to buy a home. As many people become busy with fall activities, the demand for homes decreases— allowing new potential home owners more bargain power. Below are reasons why fall is a…
Whether you have limited knowledge of real estate jargon or are considering buying property for the first time, understanding what “escrow” means and how the home-buying process operates is crucial. What does escrow mean exactly? Escrow is simply a non-biased third party that holds important payments and paperwork before closing. So, what does it mean when we say, “Your house is in escrow”? It typically indicates that a third party…
You’ve put your house on the market, and months have gone by without a single serious inquiry. What do you do in this scenario? There are a number of factors that could be contributing to your home’s extended stay on the market. Here’s a list of reasons to consider: Your asking price may be too high. Just because your home is remodeled and features fun and unique attributes, it doesn’t mean it…
So you’re in the market for a home and you have a list of deal breakers: the house has to have the right amount of square footage, enough storage space, and a nice backyard– but have you considered the location of the home? Researching the neighborhood of your potential new home helps you to protect your family’s lifestyle and keep them safe. Here are the list of things to consider when researching the location of your…
While owning a condo can be similar to owning a house, there are definitely some details that set the two apart. So if you’re considering on buying your very first property it may be in your interest to know the differences– that way you can tailor your interests and lifestyle with your living arrangements. If you’re considering on buying a condo you’ll have a couple of extra responsibilities, such as board…
“How long has your home been in escrow?” “Did you put an offer on the house yet?” “Have you scheduled your home inspection?” It doesn’t take long to notice there are many terms specific to the real estate industry, when buying or selling your home. While you can ask your real estate agent what these words mean, it’s important to take time to learn real estate terminologies on your own so that you fully understand what’s going…
You just closed on your new home and it’s finally time to move in! This is supposedly an exciting time in your life, yet you’re feeling more overwhelmed and anxious than you are excited. If you’re having these uneasy feelings, don’t worry– you’re not alone and this is totally normal. This feeling is typically referred to as buyer’s remorse. In light of your worries, worrying is a helpful emotion that will…
Owning your very own home has its advantages, but it also comes with big financial responsibilities. While most people are generally aware of real estate costs like mortgage payments and the initial down payment that come along with owning a home, there are other costs that are a little less obvious. It is in your best interest to become familiar with these different homeowner expenses so that you’re well prepared to budget for…
Let’s face it, there is a lot more to pay for these days than in the past. Not only are there basic living expenses to account for, there’s also a growing list of expenses that you can’t live without in this era such as your cell phone bill, cable bill, internet bill, car insurance bill, student loan debt– the list goes on and on. Even with an affordable mortgage, it’s…
