It goes without saying that a home purchase is a big deal and is probably the biggest investment you’ll ever make. If you’re a first-time buyer, make sure you avoid these potentially costly mistakes.
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When it comes to buying a home, you’ve got options; namely, should you buy new construction, or an older home?
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As the temperature continues to rise as we head deeper into summer, the energy – and money – needed to keep our homes cool can skyrocket.
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When it comes to buying a home, a mortgage is almost always a part of the process. But as common as they are, mortgages can often be highly confusing. That said, it’s in your best interests to become familiar with the mortgage process, regardless of whether you’re a first-time buyer or have bought and sold many times in the past.
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Selling a cookie-cutter house can be a challenge because you’ve got to go the extra mile to make it unique enough to stand out from the rest. But what about when your home is so unique and quirky that buyers find it downright strange?
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There are obviously plenty of questions that you should ask sellers before you even put in an offer on a home. This will help ensure that you’re making a sound buying decision. After all, this is a huge investment that should only be done with due diligence.
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Real estate professionals will always advise their buyer clients to get pre-approved for a mortgage. Why? For a few reasons.
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The majority of residential real estate contracts typically come with a contingency that allows the buyer to have the home inspected by a professional before the deal is sealed. Buyers usually pay for this service themselves, while sellers simply allow them to book a few hours to inspect the home from top to bottom. So, if the buyer is arranging – and paying for – a home inspection, why should you as a seller pay to have your own pre-inspection done?
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Often, sellers will have to put in a little elbow grease and invest time and money order an effort to make the home look more attractive and “move-in ready” for buyers. A home that doesn’t show well is more likely to turn buyers off and send them in the direction of another listed home in the neighborhood.
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If you’re planning to sell your home some time soon, knowing its current market value is extremely important in order to price your home right. Of course, many sellers tend to believe that their homes are worth a lot more than what they really are. But it’s not wise to establish a listing price based solely on what you might think your property is worth.
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