Your first home buying experience is much like getting married. As the wedding day approaches you grow more excited at the thought of taking one of the biggest steps in your life with your loved one. At the same time, it’s normal for anxiety to creep in when you consider the responsibilities of being a spouse. Similarly, there’s nothing better than knowing you’ll soon be the owner of your first…
Simultaneous Closing embodies a sophisticated real estate financing strategy wherein two transactions unfold concurrently during the property’s closing. Given its intricacies, this process can often be perplexing. Let’s delve deeper into its workings… How does Simultaneous Closing function? In a Simultaneous Closing scenario, two distinct closing processes unfold concurrently: one between the investor and the seller, and another between the investor and the buyer. The investor assumes a dual role…
There’s much to be thankful for this Labor Day. Moreover, it’s a long weekend. So, what are your plans? However you celebrate, we hope you get out of the house and have a safe and wonderful time with your friends and family!
Having a beautiful house in a beautiful neighborhood doesn’t guarantee you top dollar. A lot of homeowners naturally develop emotional attachments to their homes and over-estimate its value. However, homes don’t sell themselves, no matter how much someone loves your home, they are going to squeeze you for every inch and it’s vital to be prepared for that. In order to make sure you retain an advantage in the negotiation…
Renting has its pros and cons like anything in life. The cons being it’s not really your home and instead of building equity by paying off a mortgage, you are flushing your money down the toilet. The fact that it’s not really your home can be a pro too because you’re not committed to it. You’re not responsible for repairs and you’re not as concerned about how people treat it,…
If you’re renting or living with your parents, you generally live in this bubble where homeownership is easy and doesn’t require a lot of work. If you’re at your family home, everyday living is seamless, with your parents overlooking the homes’ stewardship. When renting, you’re likely not keeping tabs on all the issues that come up, them being taken care of by the property manager, often without your knowledge. However,…
Moving is widely regarded as one of the most stressful things a person can experience, which is surprising given the limitless stressful scenarios that exist, including sickness, the death of a loved one, personal debt and on and on. After accepting that it’s one of the most stressful experiences we can have, the next course of action should be to mitigate the stress as much as possible by being prepared.…
When it comes to the bathroom, there’s a fine line between it being unapproachable and inviting. Similar to the kitchen and unlike other rooms in the house, the bathroom has to be cleaned often. Anywhere that water is present, there will inevitably be grime built up and foul odors. Couple this with the toilet and you can see how you can easily turn this safe space into a nightmare. Dirt…
We all wish we could come home to a perfectly clean and maintained house, but that’s not the reality. Keeping a house cleans requires being diligent and staying on schedule with your chores. For example, if you forget to clean the bathroom, the next time it comes around in your schedule it will be twice as dirty and take far longer to clean. To keep your home sanitary and liveable,…
For first time home buyers, getting your foot into the market is difficult. At its core, it comes down to how much you can save and how fast. Saving up for enormous purchases, like a home, can take many years and sometimes decades. If your’re living at your parent’s house, saving is obviously easier because you don’t have expenses. If you’re renting, it can be very difficult to save for…
