The home buying search should be fun. It should also be an efficient use of a buyer’s time, and rewarding in getting that perfect home. This may sound like a tall order, but it doesn’t have to be. Here are 6 simple suggestions to get home: Analyze your lifestyle Create a list that reflects the lifestyle you want. Will you …
Making Home Ownership a Reality
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 …
Why New Construction?
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 …
Are You Planning To Buy A Newly-Built Home? Then You Need A Professional Real Estate Agent To Represent You!
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 …
What Makes Some Homes a Better Investment Than Others?
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 …
Benefits of Using an Agent When Buying a New Build Home
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. …
Multiple Offers Impact Buyers … and Sellers
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 …
New Construction Pros and Cons
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 …
Buying Brand New Homes … and Chess
Imagine – you are back in high school and that you play chess about once a year. A nerdy guy asks you if you want to play a “quick” game. It just so happens that behind those pimples, thick-rimmed glasses, and pocket protector is the president of the school’s chess club. How’s that game going to work out for you? …
Gift Idea: Money for a Down Payment
The holidays are over. For lenders however, gift giving is on their mind all year long. This is because many loan programs allow some or all of the down payment to come as a gift from a family member. An FHA loan, which is available to everyone and not just for first time homebuyers, has a down payment requirement of …
Tidy Your Underwear Drawer?
Lender procedures are getting more involved, but does this mean they can pry into your very personal stuff?
Home Inspection – Always Smart to Do
Every Buyer wants a house that is in perfect condition. In reality, this seldom happens. Defects are common, even in new construction houses. This is why it is important that a professional home inspection be done. In Colorado, a Buy/Sell Contract allows an inspection to happen in a short time frame after a Buyer’s offer for a property is accepted …
Understanding the True Condition of a Home
There are two ways that a Buyer can combine to understand the true condition of a house they want to buy. Prior to a sale, a Seller in Colorado fills out a disclosure document called a Seller’s Property Disclosure. In the document the Seller answers several questions about the property to the best of their knowledge, revealing all known defects. …
