Category Archives: Home Buyers

Buyer’s Closing Costs

buyer's closing costs

In an ideal situation, both buyers and sellers pay their own closing costs on the purchase and sale of a home. These costs can be negotiable depending on lender requirements and current market conditions. Closing costs and fees are itemized on the closing statement and are usually paid at the time of settlement. Before contracting […]

Vacation and Second Home Sales Up

vacation and second home sales up

Based on sales during the July to September period, the National Association of REALTORS® (NAR) says vacation home sales are up 44 percent year-over-year. Not only are they selling faster than last year but the number of units is up. Across the nation, 72 percent of existing vacation homes that closed in October were on […]

Home Inspections and the Inspector

home inspections and the inspector

Many times, a sales contract on a home will include a provision that allows the buyer to have inspections done to discover any issues with the home not readily apparent or disclosed by the seller. A home inspector is one of many key professionals involved in real estate transactions. You must have a qualified individual […]

You Can Cut Your Housing Costs in Half

you can cut your housing costs in half

Cutting prices or offering sales prices will generally bring people buying anything out of the woodwork that may have not been serious buyers before. In today’s market, renters can easily lower their monthly housing costs by half or more by buying a home with all the financial benefits that it brings. A renter’s mortgage payment […]

Does Your House Measure Up?

Does your house measure up?

Buyers, sellers and real estate agents often use square footage as their common demoninator in determining the value of a home. There is no quick method or automated value method that will give you the correct amount. It may seem like a straight forward process, but there are several variances that can lead to inaccurate […]

Are You a Negotiator?

are you a negotiator

Buying or selling a home involves negotiation at all stages of the process whether you like it or not. It’s not like going to the store where you decide to buy something and then just pay for it. Emotions get involved that could affect the negotiations adversely and it is easily the most expensive purchase […]

Lower Your Cost of Housing

lower your cost of housing

Even with taking the standard deduction instead of itemizing to take the interest and property tax deduction, homeowners still have considerable advantages from the amortization of the mortgage and the appreciation enjoyed by most homes. There is a saying, “Rent or buy, you pay for the house you occupy.” Either you pay for it yourself […]

Rethinking Home

rethinking home

Many homeowners have had to rethink the way they live in their home over the last two months with the stay at home or shelter in place orders. Your home has now become an office for working, a school for your children, a gym for working out, and a place for recreation. With all this […]

Scams to Steal Your Mortgage Closing Money

scams to steal your mortgage closing money

Willie Sutton was an American bank robber and he was asked why he robbed banks. He answered, “because that is where the money is!” He stole about $2 million during his 40-year career. However, internet scammers are stealing much more by using phishing schemes and preying on unsuspecting home buyers. These scammers know where to […]