Posts with tag 'For First Time Buyers'
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31
5 Things to Consider When Deciding How Much House You Need
Once you decide that you're ready to buy a house, the next decision you'll need to make is how much house to buy. In other words, how large of a home do you need? If you're having difficulty answering this question immediately, that's fairly normal. It's wise to consider your lifestyle and goals and how they affect the amount of space you need in a home. Our REALTORS® are excited to share a few tips to help you do just that.
15
Don't Forget to Ask These Open House Questions
If you're like most people, buying a home is probably the biggest investment you'll ever make. As such, there is no room for error. Every open house provides an opportunity to view the property in person and gather the information you need to make an informed decision. It's a way for you to get a feel for the property. Our REALTORS® understand that nothing compares to seeing your dream house in person. This way, you can get a sense of the overall layout of the house.
27
Made an Offer on a House? Here's What Happens Next
Buying a home is similar to writing a novel with many possible endings. Our REALTORS® will guide you through making an offer so that you are prepared for everything from the seller accepting your offer, to the seller making a counteroffer, to the seller requesting conditions that aren't in your best interests. With proper planning and execution, you'll end up owning the home you want, at the price you want to pay, and with conditions that are acceptable to all parties.
23
5 Tips to Stay Positive During the Buying Process
You've decided to buy your dream home. The real estate market is exciting with numerous options to choose from and marks the beginning of realizing your dream. However, navigating through the market and finding a home you wish to purchase can be difficult. Sometimes, the buying process takes longer than expected. Our REALTORS® have put together these five tips to help you remain positive during the buying process.
- Decide Your Wants, Needs, and Deal Breakers
Before reviewing the hundreds of homes on sale, start by developing a checklist. What do you want or need from a perfect home for you? Having preset goals and wants will save you time, and so does identifying your deal-breakers and non-negotiables. Additionally, identifying non-negotiables will save you from disappointment later.
20
What Buyers Need to Know About Closing Costs
Buying a home is a tried and trusted way to put down roots for your family and build wealth. However, it's a significant investment, and before it's down, you may be surprised by all the fees, points, and other funds you have to pour into that investment. Our REALTORS® know that last-minute surprises are never pleasant, which is why first-time homebuyers should thoroughly understand what closing costs to expect and who is expected to pay them. This is crucial because it is the buyer's responsibility to pay for many of the expenses.
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Closing Costs for Sellers
Prorated property taxes owed, as well as any transfer taxes, are the seller's responsibility. Likewise, the seller is responsible for paying the agent commission, which is usually anywhere from 5% to 8% of the sales price, title insurance, any HOA fees owed, their attorney fees, closing credits, and any escrow money they owe to the buyer.