Is it possible to go through the whole process of buying or selling a house without a real estate agent? Yes, you can do it alone, but don’t rule out hiring an agent. An agent simplifies the process for you, explains what needs to be done, and assists you with the paperwork, among other things. …
Most homebuyers worry about one thing – how to finance their first-time home purchase. This is where mortgage brokers and mortgage lenders come in. Like financial advisors, mortgage lenders and brokers will help you assess if you can afford a residence of your own. However, these professionals focus more on your ability to pay back…
Going to an open house and shopping for new properties is the fun part of home shopping. But if you are serious about buying a house, you should talk to a lender first. Even before looking for a new home, you should get a pre-qualification for a mortgage. If pre-qualification sounds foreign to you, here’s…
Hiring a real estate attorney may not be a must in some states but talking to an attorney saves you from unnecessary stress and losses. At some point, it would be easier to talk to a lawyer before purchasing a home to understand the whole process. You may be surprised by all the unfamiliar legalese…
What Does a Financial Advisor Do: 8 Essential Facts About Financial Advisors Buying a home sometimes produces a roller coaster of emotions, from eagerness and excitement to uncertainty and apprehensions. You might be somewhere in between. Researching on the home buying process is a good first step. Next thing you need to do is to…
Before you start looking for your first home, you should sit down with your family members and discuss the most important thing – the budget for buying a house. Yes! You need to know how much you can afford to pay for a new house first! Bring out your trusty pen and house hunting notebook,…
Whether you are buying your first, second, or third home, you need to think about the tax consequences. First time home buyer taxes may catch you off guard. So, it’s better to have a professional guide you through the process and explain to you all the property tax deductions. Will you be eligible for a…
It’s often difficult to decide whether to buy or rent a property, especially if you’re a first-time home buyer. In this article, we outline the main differences between renting or buying and why you should choose one over the other. While most people obviously prefer buying properties over renting due to reasons like mostly being…
“Do I need a Home buying checklist?” – Definitely! Whether it’s your first time or your Nth time buying a house, it’s important to be clear on your needs so you’ll get exactly what you’re looking for. Or at least the closest thing to your dream home. Every aspiring buyer starts their journey with this…
Most of first time home buyers don’t know how commissions work during a home sale, and that’s ok. After all, if you’re reading this, you are most likely looking to buy a home or in the process of closing on one, which is really great! The real estate process is not exactly as linear as…