So you’re finally ready to start seriously considering buying a home. With spring right around this corner, there isn’t a better time to purchase. Whether you’re buying a first home or looking for an upgrade, the acquisition of residential real estate is a long process with many steps along the way. Here’s a few major priorities that you must accomplish before closing any deal.
Buying a residential property will likely take a considerable hit on your wallet—but luckily, there are a few financial advantages available to homeowners. Depending on certain factors like your finances, mortgage and property, you may be entitled to receive certain tax deductions that could save you significant funds. Here are a few common tax benefits that you can take advantage of.
With every New Year, there comes innovative real estate trends and patterns that define the nation’s housing market. As a consumer, you must always have your ear to the ground and stay up-to-date with what’s happening in real estate. If you’re considering buying, selling, renting or leasing a property this year, here’s what to look out for and expect from the 2018 housing market in America.
In the past few years, many Americans have been snatching up foreclosed properties at record prices, especially because they’re usually sold far below the market rate. You’ll be hard pressed to find a property that’s bigger, more centrally located and with more potential for the same deal. However, with the seemingly endless number of pitfalls associated with foreclosures, is buying one really in your best interest?
Once renters decide to make the jump towards owning a home of their own, they must figure out if they could actually afford a down payment. There’s no point in even looking at homes until you know what you can afford! So, to help expedite owning your dream home someday, check out these tips that will assist you in saving for a home.
When young professionals are looking to transition from monthly rentals to owning a property of their own, they usually buy small-scale, affordable properties, rather than a “forever home.” However, a beginner home or condo isn’t exactly a minor expense by any stretch of the imagination. That’s why it’s extremely essential to sift through the facts and dispel every myth before deciding that a starter home is the best decision for you.
As the years go by, we see so many different fads and trends in real estate. Some stick, others fall by the wayside. Some are huge, market-shifting breakthroughs; others are small-scale concepts. Perhaps none smaller than tiny houses, America’s most recent real estate fascination. If you aren’t familiar with how this viral sensation came to be, then perhaps you need to catch an episode of HGTV’s “Tiny House Hunters” to see what it’s all about.
No one ever said that moving was easy. Besides all of the work that goes into drawing up a contract and the closing date, certain necessary tasks might be forgotten about entirely. Luckily, we’ve compiled a checklist of everything you need to accomplish before moving into your new house.
Protecting your home is essential for ensuring the safety of your family and possessions. When you buy a new home, there are certain preventive measures and actions that you can take to safeguard it. Check out these home security tips so you can fortify your living space the right way.
If you are a home buyer, you are likely to have an escrow account, either by choice or as a home loan requirement. However, it is just as likely that you do not know what an escrow is or how it actually works. If you are shopping for a home, you will want to know everything there is to know about these helpful accounts.