How to Get Over Losing Out On Your Dream Home “I’m so sorry, they went with another offer.” It’s a shocking thing to hear; you’ve already moved into that dream home in your mind. It’s common to start second guessing yourself, even condemning yourself for not offering more money or better terms, but the truth…

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5 Tips for Starting Your Home Search In today’s market, low inventory dominates the conversation in many areas of the country. It can often be frustrating to be a first-time home buyer if you aren’t prepared. Here are five tips from realtor.com’s article, “How to Find Your Dream Home—Without Losing Your Mind.” 1. Get Pre-Approved for a…

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Millennials: Here’s Why the Process is Well Worth It. Millennials have waited longer than any other generation to become homeowners, but the wait for this cohort is just about over. According to National Mortgage News,  “Millennials, those young adults now aged 23 to 38, are now entering their peak household formation and home buying years.” If…

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The Cost of Renting vs. Buying a Home [INFOGRAPHIC] Some Highlights: Historically, the choice between renting and buying a home has been a tough decision. Looking at the percentage of income needed to rent a median-priced home today (27.7%) vs. the percentage needed to buy a median-priced home (17.5%), the choice is clear. Every market is different.…

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Expert Advice: 3 Benefits to Owning a Home Success is something often worth repeating, and Brent Sutherland, a Certified Financial Planner and Real Estate Investor, has certainly made his way in a momentum-driving direction. Here are 3 tips he shares from a recent piece in Business Insider on the benefits of owning real estate: 1. Real estate diversifies your income…

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Why You Should Never Skip the Home Inspection Buying a home can be expensive. It might feel like once you’ve entered escrow, you have new things to pay for at every turn. While the fees are normal and customary, if you don’t buy a home often, you might wonder if they are all necessary. Search…

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What are Contingencies on a Contract? —–>>> Search All Homes For Sale Now  Contingencies are commonplace in contracts of all kinds. A contingency allows for one party or another to legally back out of a contract in the event of some specific condition occurring. They are protection against the unknown. In real estate, there can…

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Qualifying for a Loan – What do I need to qualify? Before you start searching for your new home, the first step is to speak with a lender and determine your budget. This is being pre-qualified for a loan. Once you find the right home, then your lender will order an appraisal of the property…

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Appraisals Explained Appraisals are one of the most confusing aspects of buying or selling real estate for the consumer. When a buyer and seller agree on a sales price, it can be frustrating to hear that the appraisal came in with a value too low. It’s not enough for the principals to agree to the…

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Down Payments Explained A down payment is the amount of cash a home buyer puts toward the price of a new home. It accomplishes a few things; first it reduces the amount of money you need to borrow and it reduces the risk the lender takes in loaning the money. By reducing the risk, the…

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