homebuying advice

Here our in-house agents provide advice on a myriad of subjects that you are likely to encounter when buying a home. We've been through it so don't worry, we've got your back!

Flip or flop? What to know about buying a flipped house.

With all those shows on TV about fixing up old houses and flipping them for a profit, you may be wondering whether buying a flipped house is the right route for you. The reality is that flips aren’t for everyone, and it’s important to know the pros and cons before you make that offer. With that in mind, we’ve created a guide on buying flipped houses. Here are the most important things you should know about buying

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Are realtor fees negotiable?

Most buyers know that realtors charge commission fees, but exactly how that commission works is a mystery to many. Is there a flat fee? Do more expensive houses cost more? Is the buyer or the seller responsible for paying the fee? Can you really negotiate them down? Fortunately, we're here to solve the mystery once and for all. In this post, we lift the curtain on realtor commission fees. We’ll tell you what they are, how they work, and

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7 steps to handle closing on your house like a pro

Congratulations, your offer on a home has been accepted! So...now what? For many first-time buyers, the process of buying a home becomes much less clear after all the contracts have been signed. If you need to know what happens between then and the closing table, you’re in luck. We’ve developed the ultimate closing checklist for buyers. Read over these steps to learn how to navigate the home buying process like a pro. 1. Put that hard-earned dough

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Using an online real estate agent: what are my options?

In this day and age, pretty much anything and everything can be bought online. Want to buy a car? Done. A mattress? Done. A house? Thanks to online real estate agents, that can be done, too. The final piece of the digital home buying puzzle has arrived. Using an online real estate agent gives you the guidance and tools you need to not only purchase a home -- but do it easily, conveniently, securely, and digitally. So, what is an

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How to buy a house

If you’re a first time home buyer, you’re probably feeling a bit at a loss as to where to begin. What do you need to buy a home? What’s the first step? Uh, can you even afford to buy a house in the first place? These questions are common -- and with so much money (and years of your life!) on the line, you’re smart to want to do things right. But don’t let yourself

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What to expect when you're inspecting: a home inspection checklist

A home inspection is a professional, third-party inspection of a property that you intend to buy. During an inspection, the professional will evaluate the home from a structural and safety standpoint, as well as to ensure you’re buying a hazard-free, up-to-code property that’s a good investment of your dollars. Home inspections aren’t always required, but there are few cases where you’d want to forgo one. Use this home inspection checklist to learn more about the process

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Buying a house this Fall? Here's 3 things to know.

Has the heat of Summer and the homebuying market got you thinking about waiting until Fall to buy a house? Before you jump into the real estate market, you need to know what to expect. Luckily, we have your back on that one. A snapshot of the homebuying market going into Fall 2018 What are some seasonal trends about buying in Fall that buyers should anticipate? What are mortgage rates like right now? Are home prices trending upward or downward

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Buying a house? Here’s everything you need to be prepared.

For many first-time buyers, the process of buying a house can seem overwhelming. After all, how do you even know where to start, much less how to get from taking the first step to submitting a winning offer on a home? If you’ve found yourself asking similar questions recently, we’ve got your back. Below is our comprehensive list of what you need to be prepared for the process of buying a house: 1. Get your financials in order

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Homebuying how-to: buy a home without a realtor

If you’re the DIY type, or you want the chance at saving cash on your home purchase, forgoing a traditional real estate agent may be the way to do it. Why buy a home without a realtor? To be clear, buyers don’t pay their realtors directly. Sellers pay a 6% commission (of the home’s total sales price) to their own realtor, half of which ultimately goes to the buyer’s agent. In theory, a seller -- and

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Debunking 4 myths on how much house you can afford

The mortgage industry has changed rapidly -- and with it, the requirements of homebuying. These days, buying a home is easier than you might think, and it’s an option for more people than the old rules coming out of the 2008 recession might suggest. The reality is that there are a lot of confusing information out there when it comes to home affordability. So, we’ve asked industry experts to tell us the truth about the biggest misconceptions they’

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Understanding mortgage interest rates

Locking down a good mortgage rate is just one important aspect of home affordability. If you’ve been thinking about buying a home, you may be wondering what affects mortgage interest rates & what climbing rates mean for you. Mortgage rates have been on the rise, and they will likely continue to do so. As of June 2018, the average mortgage interest rate for a 30-year fixed-rate loan is 4.76%, but it won’t stay that way forever. We’

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Thinking about buying an investment property? Here’s what you need to know.

Buying an investment property is a huge step in growing financially. For one, you have the chance to earn passive income. For another, it’s an opportunity to diversify your assets. That said, it’s also a huge responsibility, both personally and financially. If you’re going to take this step, you want to make sure that you’re well-prepared for what’s to come. So, if you’re thinking about buying an investment property, you’ve come to the

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3 things to know if you want to keep your earnest money deposit safe

Once your offer finally gets accepted, one of the first things you’ll do is submit an escrow deposit. This money -- your “good faith” deposit -- helps show the seller that you’re serious about buying the home. If the home closes successfully, that money is applied to your downpayment. However, if the deal falls through, there is a chance that you could lose out on thousands of dollars. With that in mind, many buyers want to know what

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4 things you need to know about preliminary title reports

If you’re planning on buying a home, it’s probably best that you put your book of the month subscription on pause, 'cause with most major life (and financial decisions), the process of purchasing a home involves a lot of reading. From sellers’ disclosure documents to rent rolls to floor plans to stacks on stacks on stacks of property reports, buyers must sometimes wade through quite a bit of dense documentation before they actually buy a home. Disclosure packages

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Here’s 3 tips to avoid rejection when you make your offer on a house

We all know rejection sucks. House hunting is a very emotional process. Finding a home you really love only to have your offer rejected can be confusing and frustrating. The experience can feel personal and leave buyers apprehensive to make another offer. But, the fact of the matter is that offer rejection is a very common part of the process, especially in seller’s markets. Some might even call it a right of passage on a buyer’s journey to

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