Home Buying Tips

Things to help you buy your home.  Whether it's your first home or a luxury estate, you'll find useful info here.

Found 103 blog entries about Home Buying Tips.

Flipping a Home Flops Without These 4 ThingsFlipping a Seven Hills home seems like an easy way to earn quick income. But it is often more complicated and time-consuming than people anticipate. Some budding entrepreneurs find themselves with a property that is not as valuable as they hoped, or end up with expenses far beyond their budget. Successful home flipping requires attention to detail and experience with many aspects of home renovation. With this information, prospective flippers will be better able to determine if flipping could be the right choice for them.

For informational purposes only. Always consult with a licensed real estate professional before proceeding with any real estate transaction.

1. Investors Need a Low Purchase Price

Most homes in a given neighborhood have a

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Common Real Estate Terms to Know Before Home ShoppingShopping for a new abode is exciting, but potential Green Valley buyers need to know what they are delving into by knowing a few basic terms before even looking. This ensures that what is being looked at is understood, as are the processes that one will undergo to seal the deal after finding the home they've always wanted. Here are some key terms home shoppers need to familiarize themselves with.

Common Terminology When Shopping and Negotiating for Homes

While this is just the tip of the iceberg, here are some terms to understand when looking at homes and trying to negotiate offers.

Listing Abbreviations—As you search through home listings, there are some basic terms and abbreviations you'll want to know.

  • SQ FT: Square footage of the
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Everything You Need to Know About Choosing a Home TypePeople live in all different types of homes. Some people prefer to live close to their neighbors, in small, efficient condos. Other people prefer townhouse life, where they can have an upstairs and downstairs on a shared property with others. Knowing the difference between each type of residence can help home buyers decide which type of home is right for them. If you're a property buyer, here's what you need to know.

Differences by Type

Before home buyers can decide what kind of homes are right for them, they must first understand the various options. Below are the different homes by type.

Single-Family Homes

Single-family homes are standalone structures, often with a yard and a garage or car port. Single-family homes sometimes have

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Difference Between Wood and Brick HomesWhen the time comes to select a home to buy, especially for those on a home buying budget, many buyers look for what is available in their area, rather than looking for a home made from a specific type of material. However, in markets where many homes are available, buyers may have their choice of stick or masonry homes. Before a decision can be made, homeowners must consider the pros and cons of each type of house.

Stick Home, Pros and Cons

"Stick" is the word that people use to describe homes made of wood. Stick homes are common in all areas of the country, as wood is a relatively inexpensive and easy-to-use material. There are many pros and cons of stick homes.

Pros:

  • Budget-friendly. Stick homes are often preferred by people who have
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Explore the Home Closing ProcessFirst time homebuyers may not know much when it comes to closing on a home. Time can easily get away from buyers busy with arranging a move and getting everything in order. Knowing more about the closing process can help mitigate challenges and allow a buyer to get everything in place for this last part of the home buying process.

For informational purposes only. Always consult with a licensed mortgage professional before proceeding with any real estate transaction.

Home Closing: The Final Hurdle

A buyer is now getting close to the end of the home buying process at this point. In the majority of cases, buyers are financing their purchase, necessitating the involvement of a lender. Home closings are generally faster and with few, if any,

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What To Put On Your Home Wish ListWhen getting ready to look for a brand new home to buy, most buyers already have an idea of what sort of features they want, and it could be anything from hardwood floors to a big yard with a patio. Before buyers go to home showings, they should put together a home wish list to organize everything they want and have an answer for all the questions their agent will ask when trying to find them the prefect home. Here are some things to consider when making a wish list.

For informational purposes only. Always consult with a licensed real estate professional before proceeding with any real estate transaction.

Wants and Needs: How to Differentiate Between Them

Many people are familiar with the term “wants versus needs” and how it’s used to organize

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Start to a Home-buying BudgetIt pays to not get more home than can be reasonably afforded. A home-buying budget can help create a financial cushion when first purchasing a home, making it easier to make regular mortgage payments and upgrades to a home. Know how to get started on a realistic home-buying budget today.

For informational purposes only. Always consult with a licensed mortgage professional before proceeding with any real estate transaction.

Review Current Expenses

When buying a home, the amount of debt to an applicant's income will be of interest to lenders. Before looking for a mortgage lender, review your credit history, credit card and banking statements over the last three months. Assess how much money generally goes towards expenses like:

  • Car or
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4 Things You Need To Know About Historic HomesMany people dream of owning a slice of history, and that can be done fairly easily through buying a historic Tuscany home in Henderson NV. A historic home is defined as a home that is associated with a significant historical event or was significant to a historical figure’s past, is distinctive in its construction, and gives insight to the time period that it was built in. Buying a historical home can seem amazing on the surface, but there’s a lot more to it than just signing on the dotted line. Here are some of the most important things buyers need to know about historical homes before making an offer so they can decide if it’s truly for them.

For informational purposes only. Always consult with a licensed real estate professional before proceeding

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4 Common Mortgage Mistakes Buyers MakeVery few people have the means to buy a home with cash only, and that means in order to buy a home, most people are going to need a loan. Because loans are so important to buying homes, it’s important that buyers make sure they don’t make any mistakes when applying for and using them. However, it can be easy to make mistakes, especially for first-time home buyers who haven’t dealt with mortgages before. Here are some common mistakes buyers make regarding mortgages and how to avoid them.

For informational purposes only. Always consult with a licensed mortgage professional before proceeding with any real estate transaction.

1. Going With the First Lender

There are many, many different lenders out there, and each of them offers different rates

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Buying a Home? What You Need to Know About Pre-Approval and Pre-QualificationPre-qualification and pre-approval are both a part of the mortgage application process. All home buyers who apply for a mortgage must go through these processes. To show they are able to qualify for a mortgage, most buyers will start the mortgage application process before making an offer on a home.

If you're thinking about buying a home, it's important to know the difference between pre-qualification and pre-approval. Knowing the difference can help you decide what you need to do in order to make a competitive and attractive offer when you find a home you wish to buy.

For informational purposes only. Always consult with a licensed mortgage professional before proceeding with any real estate transaction.

What Is Mortgage

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