First Time Home Buyer
Even in a balanced real estate market, competition between eager bidders may arise – so how do you make an offer that truly stands out among the rest?
A home inspection is an objective visual examination of the physical structure and systems of a house, from the roof to the foundation. A typical home inspection report will cover the condition of the home’s HVAC systems, interior plumbing and electrical systems; the roof, attic and visible insulation; walls, ceilings, floors, windows and doors; the foundation (where visible), basement and visible structural components.
Whether you’re buying your first home or looking to purchase an investment property, here’s everything you need to know about what to look for in a neighborhood.
It is never easy to be a first-time homebuyer, but now is the time to pay attention and get rolling to purchase a home. Interest rates are low and financing programs are available with lower than 20 percent down payment required.
It is not fun to think about radon – it’s a serious health problem that could lead to some costly fixes for your home. But you still need to be aware of it, because ignoring radon is much worse than addressing it.
Broker Associate Beth Baker Owens of Your Castle Real Estate in Denver, lists the two questions most people fail to ask when interviewing a Realtor.
The Realtors Property Resource, known in the industry as (RPR), is exclusively available for Realtors only. RPR is a parcel-centric data platform, meaning it has information connected to almost every parcel of real estate in the United States.
Realtor Allie Kirby, of New Era Group, Your Castle Real Estate in Denver lists the top three tips for both buying and selling a home in a hot housing market.
There are a lot of moving parts that go into buying a house, so you’ll want to ensure you have all the details down. Using a Realtor can save you time and possible headaches down the road.
Knowing some ‘rules of thumb’ can help keep the home buying wheels turning. And in today’s Boulder County market, an experienced Realtor brings valuable expertise to your decision making. Once you decide you are ready to buy, or seriously consider buying, you should find a Realtor in your area.
It’s no secret: when searching for a new home, potential buyers want certain boxes checked, like number of bedrooms, school district and square footage. But a box that’s recently been added to the homebuyers’ checklist is a roasted and aromatic one: proximity to a coffee shop.
The typical home buyer or home seller often asks, “What’s the difference between a licensed agent and a Realtor?” That’s a good question. So, what is the difference?
Finding the right home involves research, so you’ll need to ask the right questions. Here are 15 questions to ask when buying a house.
63 percent of millennial home buyers have regrets, mainly because they underestimated the hidden costs associated with buying and owning a home.
You are absolutely correct that there are a fair number of buyers (first-time in particular) who underestimate the true costs of homeownership. It’s so much more than simply making that monthly mortgage payment, even if the taxes are included through a real estate property tax escrow.
So you’ve just purchased a new home. Naturally the experience is filled with lots of excitement and anticipation. From renovation and remodeling ideas to design, a number of projects and considerations likely come to mind.
Denver Realtor John Stegner, of New Era Group at Your Castle Real Estate, lists the top three questions to ask before buying a condo.
There are many types of mortgages, and one that may be a fit for your situation is a Federal Housing Administration (FHA) loan.
Usually a real estate “For Sale” sign is pretty straightforward and announces that a house is for sale. However, with recent market conditions, there has been a trend across the country of “For Sale” signs having a sign rider attached that says, “Coming Soon”.
March Madness is here – and with Boulder’s red-hot real estate market, it’s not just for college basketball fans.
Homebuyers and home sellers hire real estate brokers to assist them with what is commonly the largest financial transaction in most people’s lives. In today’s real estate world, there is a copious variety of business models seeking to serve the needs of homebuyers and sellers. As markets change, types of real estate business models change and evolve with the market. When the market heated up prior to the recession, a business model evolved called limited service companies. The fees charged and services rendered varied greatly. The fees, commissions, and services are 100 percent negotiated between a broker and their principal. The Division of Real Estate does not regulate commissions or services offered. However, the level of services dropped so low, in some cases, that both brokers and their clients were contacting the Division of Real Estate for clarity regarding the minimum amount of service required was to serve the home buying and selling public.
Foreclosure auctions sound appealing to buyers given the prospect of getting a discounted price on a home. However, the term “foreclosure” is often mistaken for “bank-owned.” Buying a true foreclosure means buying a home at auction. This process is not ideal for first time buyers and here are a few reasons why.
Gen Z is poised to be the largest source of homebuyers in the United States. The post-millennial generation, or those born after 1996, make up about 32 percent of the population. And, according to a recent report by Realtor.com, 80 percent of them want to own a home before they turn 30.
Buying or selling your home is one of the biggest and most important decisions you will make in your lifetime – and the process can be complicated with many financial and legal considerations — so it makes sense to rely on a real estate agent who has been around the block, so to speak.
If you have three different professionals measure a home, you will likely be presented with three slightly different results. Why is that? Different standards, rounding differences, and local customs are just a few of the reasons.
Sabrina Lee Elevations Credit Union The Federal Housing Finance Agency (FHFA) raised the baseline conforming loan limit for 2019, and this will have an impact on borrowers for the year ahead. The “conforming loan limit” is the amount that a single-family mortgage...
The last thing consumers should have to worry about is being scammed when they buy or rent a home, or consider refinancing options. Unfortunately, criminals are getting more creative in how they target their victims, leading to major financial headaches for their unsuspecting victims.
As prices of homes have increased steadily, it has been more difficult for first-time home buyers to enter the real estate market. Often first-time home buyers will turn to relatives to help with a down payment or co-signing on the loan. However, all parties involved...
If you are buying any property, whether it is land, house, condo, or townhome, there might be a Homeowners Association (HOA) involved. Knowing as much as you can about the HOA will help you make a quality decision in the homebuying process. Knowing as much as you can...
It’s a new year and with it comes new goals and dreams. If one of your dreams is to buy a home this year, then improving your credit should be a top priority. Credit scores mean so much this day and age. Good scores help you qualify for better mortgage programs and...