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Do You Need Title Insurance? Four Reasons You Do.

In Buyers by Doug Phelps

Ownership in a home might seem straightforward, but there are actually myriad ways in which title to – and ownership of – a property can be jeopardized. Title insurance exists to help ensure that any issues to a clean transfer of title don’t affect your home ownership rights. Just what does title insurance do?

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Home Buying 12-month Countdown Timeline

In Buyers by Doug Phelps

Ready to take the plunge into home ownership? Whatever your motivation, buying a home is exhilarating and rewarding. But many rookie – and returning to the market – home buyers find the process trickier to navigate than they expect or remember.

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Patio Homes and Townhomes: Comparing and Contrasting

In Buyers by Doug Phelps

In many communities there are options to the kind of home a person or family can have.  The most obvious are multi-level apartment complexes and traditional single-family detached houses in neighborhoods and subdivisions.  In between these two extremes are a couple of options that are less known and understood – patio homes and townhomes. The differences are small but distinctive. …

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Five Daily When-You-Wake-Up Reminders

In Buyers by Doug Phelps

  Today can be great, but only if we make it so– Why do we often feel so powerless or helpless?  Because we convince ourselves that we are.  We wait for things to be given to us, instead of using our innate gifts to make things happen.  In life, there are no true entitlements, and the truth is that if …

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Making Home Ownership a Reality

In Buyers by Doug Phelps

Coming up with the down payment has always been a difficult task for most buyers, especially young and first-time folks.  This is especially true in today’s market where a variety of factors – including student loan debt averaging $30,000 for the 20-something market – have made this even tougher to accomplish. As a result, in recent years there’s been a …

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Why New Construction?

In Buyers by Doug PhelpsLeave a Comment

The BRC have also created this interesting article on the benefits of considering New Construction when buying your next home. Why New Construction? Superior Energy Efficiencies and Advanced Building Technologies – savings on monthly utility bills and easier maintenance. Builder Warranties – not found in re-sell. Builder Financing – financing options most existing-home sellers can’t/won’t offer. Allows Demanding Buyer to …

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Are You Planning To Buy A Newly-Built Home? Then You Need A Professional Real Estate Agent To Represent You!

In Buyers by Doug PhelpsLeave a Comment

The BRC recently provided advice for buyers of newly-built properties. Below I have outlined their recommendations: Buying A Brand New Home Is Exciting. The ability to choose your favorite floor plan, personalize your interior decor by choosing colors, options and features that suit your needs and wants, can be a satisfying experience that enhances your enjoyment of living in a …

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What Makes Some Homes a Better Investment Than Others?

In Buyers by Doug PhelpsLeave a Comment

Most everyone wants to make a good investment in their home. The longer one stays put the greater the chances are to accumulate equity. Some homes and some neighborhoods do considerably better when it comes to appreciating in value. What factors might make one home a better long term investment over another? Consider: Quality of schools.Even if you don’t have …

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Benefits of Using an Agent When Buying a New Build Home

In Buyers by Doug PhelpsLeave a Comment

New home builders and their staff are good people by and large. However, they are the seller and you are the buyer. Sellers and buyers always have different objectives and agendas. It is smart to have someone equally skilled as the builder’s representatives to help look out for your best interests. Because they won’t. The Agent is Paid by the Builder.  …

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Multiple Offers Impact Buyers … and Sellers

In Buyers, Sellers by Doug PhelpsLeave a Comment

Multiple offers on a given property have been a part of our current strong seller’s market. One can easily see how this can create frustrations for buyers. It often creates headaches for sellers too. What is a seller’s market? Defining this is typically done by looking at the number of months of inventory on the market at any one time …

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New Construction Pros and Cons

In Buyers by Doug PhelpsLeave a Comment

Buying a newly built home or one that’s been previously lived in have their advantages and both have people who love them. A newly constructed home is the most expensive item most families will ever purchase, easily more expensive than buying a previously owned home. However, the trade-offs are worth considering. Benefits of Buying a New-Built Homes A new construction …