10
Jan
By
Home Buyer Tips, ,

Understanding Real Estate Contracts and What You Can Expect to Find

There are a lot of things that go into the successful sale of your home, but many people are unfamiliar with the intricacies of the contract. Whether you consult with your real estate agent or plan on diving in on your own, it's important to be clear on the terms. If you're wondering what you can expect when it comes to the contract, here are some pointers on what to watch out for. Real Estate Jargon A real estate contract would not be complete without the professional terminology, so you'll see words like amortization, price-to-income ratio and title that may…
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03
Jan
By
Home Buyer Tips, ,

5 Major Red Flags to Watch for When You’re Touring an Open House

An open house is one of the best opportunities a potential homeowner will have to take stock of a home and determine if it will work for them. However, it can also be a good opportunity to discover some glaring red flags that might make it a less worthwhile investment. If you're currently perusing the open houses in your neighborhood, here's some things you should make sure to watch out for. A Selling Hot-Spot It's well and good if you love the home you visit, but 'location, location, location' is a popular phrase for a reason. If you've noticed a…
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16
Dec
By
Home Buyer Tips,

Buying a New Home? Use This Checklist to Ensure Your Finances Are in Order

Buying a home is a significant expense. It doesn't matter whether you're a first-time buyer or have experience. Unless you have a large pile of cash, you'll need to ensure your finances are in order before closing. In this post we'll explore four financial items you'll want to check off before buying a new home. Figure Out Your Current Monthly Budget First, you're going to want to sort out your monthly budget. If you've never done a budget before, start with something basic. Open up a spreadsheet or take out a piece of paper. Make two columns: 'income' and 'expenses'.…
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