Thursday, January 13, 2022 / by Margie Wright
Some things about the homebuying experience aren't talked about as much. Thankfully, the internet exists! Homebuyers (from first-time buyers to seasoned buyers) are much more open to sharing their experiences now. The good, the bad, and the ugly are let loose for you to learn from. Tips, tricks, and advice are always great to have when you're making a big investment like this. You want to try to minimize the stress, surprise costs down the road, and the headache of navigating it all by yourself. Here are the top things that you will want to know before buying your home!
1. Figure out what you can realistically afford
The price tag on the home itself will help you get started, but it's imperative you know what you've been approved for and what you can pay comfortably on your mortgage each month. Principal, interest, taxes, and insurance make up your house payment. If you're buying closer to the top of your approved range, you may be making payments and barely scraping by. By taki. ...
Thursday, January 6, 2022 / by Margie Wright
Throughout the pandemic, the housing market took a hit. It's been a whirlwind. In 2021, we continued to see a crazy market here in the real estate world. We've seen a change in what people are looking for, what areas are becoming more and more popular, and not to forget the pricing. With incredibly low mortgage rates, it comes as no surprise that people were jumping to buy a home. However, this easily fed into the housing shortage due to supply chain shortages and an already low inventory of housing. We've seen home prices raise due to the demand, and renting prices did just the same thing. We haven't seen too much change in the inventory, as there is still a very high demand and a relatively low inventory.
So what are we predicting to happen in 2022?
We're seeing, first, a continual rise in home sales as we go into the new year. We will also see a gradual uptick in mortgage rates, making affordability a major concern and one of the first things that home buyers will be loo. ...
Thursday, December 30, 2021 / by Margie Wright
There's been a rise in single homebuyers over the last 40 years. Experts predict that this number will continue to grow over time. Though it's also not uncommon for groups of friends to buy homes together, there is a greater rise in single homebuyers. This can be a great move if it's right for you! You don't have to share the space except with those that you truly want to. You get to dictate how the space is decorated. Want to move around the furniture every other day? No one can stop you! But with all these benefits comes some things to think about moving forward. These tips will help you make you dream of being a sole-homeowner possible!
1. Know Your Credit Score
Your loan qualification will be solely based on your finances and credit score. It's important that you know what your credit score is to see where you'll fall for qualifying for a loan. Lenders will be looking only at your credit report. While it's always important to review your credit score and credit report even i! ...
Thursday, December 23, 2021 / by Margie Wright
Cold weather always inspires being cozy and hibernating away until the weather becomes warmer. If you choose to hibernate during your time off, why not make it extra comfy and cozy? It's tempting to crawl under the covers and binge watch your favorite shows on Netflix or your preferred streaming service (anyone else been watching Yellowstone recently?) but there are ways to shake things up a bit!
1. Set the Mood
Candles and lighting make a major difference in the mood of your home. If you use candles, choose seasonal scents to really tap into the holiday season and be filled with warmth. Or you can go the route of floral and tropical scents if you prefer to imagine yourself in those warm temperatures again. You'd be surprised how much the scent can help your mood! Just make sure to keep the candles away from anything flammable, and don't leave them unattended.
2. Get to Baking
Comfort food is basically a necessity to comfy days. Nothing is better than curling up wit! ...
Wednesday, December 15, 2021 / by Margie Wright
Selling a home is such an exciting time! You've gone through the process of getting your home ready, updating things, and working with your real estate agent to determine the best possible price for your home. The offers start rolling in... how do you choose?! There will no doubt be different offers of different amounts with different financing methods. Some people even have certain contingencies or requests for you along with their deal. So which one do you go for?
If only it could be that simple...
When you start getting the offers in, there's a few things you want to look at. It can help to go ahead and start talking to your agent about these factors ahead of time so you don't run into unexpected problems or get too overwhelmed later down the line.
1. Research your preferred financing method
It will likely happen that different numbers will be thrown around for the offer on your home. One of the most important things, regardless of what price is decided on in the end, . ...