Posted by Steven Sawyer on 2/9/2020

A home inspection is a crucial part of the homebuying process. At this point, a home inspector will walk through a house with you and examine the property inside and out. If a home inspector identifies underlying problems with a residence, these issues could put your purchase in jeopardy. On the other hand, if a home inspection reveals that there are no major problems with a residence, you may feel comfortable proceeding with a purchase.

Ultimately, how a homebuyer approaches a property inspection can have far-flung effects. For those who want to achieve the best-possible home inspection results, we're here to help you get ready for a house inspection.

Let's take a look at three tips to ensure you know exactly how to approach a house inspection.

1. Prepare for the Best- and Worst-Case Scenarios

Regardless of how a home inspection turns out, you need to be ready. That way, you'll have a plan in place to act quickly, even in the worst-case scenario.

In the best-case scenario after a house inspection, you likely will take a step forward in your quest to complete a home purchase. Conversely, in the worst-case scenario following a home inspection, you may rescind your offer to purchase a house and reenter the real estate market.

It also is important to remember that you can always walk away from a house sale if an inspection reveals there are significant problems with a residence. For a homebuyer, it is paramount to feel comfortable with a house after an inspection. If a home raises lots of red flags during an inspection, a buyer should have no trouble removing his or her offer to purchase a house.

2. Ask Plenty of Questions

A home inspector is a property expert who can provide insights into the condition of a residence. Thus, you should rely on this property expert as much as possible.

Don't hesitate to discuss a home with an inspector. Because if you ask lots of questions during a home inspection, you may be able to receive comprehensive property insights that you may struggle to obtain elsewhere.

3. Analyze the Inspection Results Closely

Following a home inspection, you'll receive a report that details a property inspector's findings. Review this report closely, and if you have follow-up questions about it, reach out to the inspector that provided the report.

Lastly, as you look for ways to streamline the homebuying journey, you should work with a knowledgeable real estate agent. This housing market professional can put you in touch with the top home inspectors in your city or town. Plus, if you want to request home repairs or a reduced price on a house after an inspection, a real estate agent will negotiate with a seller's agent on your behalf.

Let's not forget about the support that a real estate agent provides at other points in the homebuying journey, either. If you ever have concerns or questions during the homebuying journey, a real estate agent will respond to them at your convenience.

Prepare for a home inspection, and you can use this evaluation to gain the insights you need to make an informed homebuying decision.





Posted by Steven Sawyer on 1/26/2020

Applying for a mortgage may seem like a long, stressful process at first. Fortunately, we're here to help you take the guesswork out of submitting a mortgage application.

Now, let's take a look at three tips to help you streamline the mortgage application process.

1. Ask Questions

A bank or credit union likely will ask you to provide a wide range of information as part of the mortgage application cycle. And as you complete a mortgage application, you may have questions along the way too.

Remember, a lender is happy to help you in any way possible. If you ever have concerns or questions as you complete a mortgage application, you should reach out to a lender for expert support. That way, you can reduce the risk of potential problems down the line that otherwise could slow down the mortgage application process.

Even a single mistake on a mortgage application may prevent you from getting a mortgage. Perhaps even worse, a delayed mortgage application may force you to miss out on an opportunity to acquire your dream house. But if you reach out to a lender as you complete your mortgage application, you can gain the insights you need to quickly and effortlessly finalize the necessary documentation to obtain a mortgage.

2. Be Thorough

A mortgage application may require you to look back at your financial and employment histories and provide information that a lender will use to determine whether to approve or deny your submission. Meanwhile, you should be ready to provide a lender with any requested information to ensure a seamless application process.

As a homebuyer, it is your responsibility to include accurate information on your mortgage application. In fact, failure to do so may cause a lender to reject your mortgage application. If you allocate the necessary time and resources to dot every I and cross every T on your mortgage application, you can boost the likelihood of a fast approval.

3. Shop Around

For homebuyers, it is crucial to check out all of the mortgage options that are available. If you meet with a variety of banks and credit unions, you can review myriad mortgage options and select a mortgage that complements your finances.

Banks and credit unions generally provide a broad array of fixed- and adjustable-rate mortgages. If you learn about all of the mortgage options at your disposal, you can find one that enables you to purchase your dream house without breaking your budget.

Of course, once you are approved for a mortgage and are ready to launch your house search, you may want to hire a real estate agent as well. A real estate agent will offer plenty of guidance at each stage of the homebuying journey. In addition, a real estate agent can make it easy for you to find a top-notch residence at a budget-friendly price in any housing market, at any time.

Start the mortgage application process today, and you can move one step closer to acquiring your dream residence.




Tags: Buying a home   Mortgage  
Categories: Buying a Home   Mortgage  


Posted by Steven Sawyer on 1/19/2020

House hunting can be time-consuming. With so many houses currently on the market and so little time to spend visiting homes, it’s important to narrow down your search as much as possible before attending a showing.

Fortunately, in today’s digital world, it’s possible to learn a great deal of important information right from your phone or computer.

In today’s post, I’m going to give you some advice on researching the homes you’re thinking about making an offer on. We’ll talk about researching the neighborhood, and--of course--the house itself.

Putting together all the stats on the home

Let’s start with, arguably, the most important thing to research: the house itself. When you want to learn about a home, the best place to look is usually the real estate listing. Since most of us discover homes through listings, odds are you’re already on this page. However, there’s a lot of information in a listing, so take the time to go through it and gleam whatever you can from the home’s description.

Next, Google the house address and click on listings from other real estate sites. Oftentimes, a house that has been sold before will have multiple listings across the internet with different data.

Once you’ve scoured the listings, head over to the county assessor’s website to look at records of the home’s ownership. This will tell you who bought and sold the home and when. There’s much you can learn from this data, especially if a home is being sold frequently. You can also use this information to contact previous owners to ask them questions about the home that the current owner might not know the answer to.

Snooping around the neighborhood

If the house is nearby, simply driving through the neighborhood can tell you a lot. You can visit the neighborhood during rush hour to see what the traffic is like, for example.

However, it isn’t always practical to take the time to visit a house that you aren’t sure you’re interested in. So, what’s the next best thing? Google Maps.

Visit the neighborhood on Google Maps to see what’s in the area. Are there a lot of closed businesses? That could be a sign of a neighborhood in decline. Check for nearby things like parks, grocery stores, and other amenities that could influence your buying decision.

Next, use Google’s “street view” feature and explore the neighborhood. You can see what kind of shape the other homes are in, and find out the condition of infrastructure like roads and sidewalks.

Note addresses of comparable homes in the neighborhood and look up their purchase prices. This will give you an idea of whether the home is being priced appropriately.

If you’re having trouble finding information on a home, such as sale records, try contacting the local assessor. They should be able to point you to a database that will help you in your search.





Posted by Steven Sawyer on 1/5/2020

Let's face it – most homebuyers have limited time and resources at their disposal. As such, it is crucial for buyers to do everything possible to optimize their time and resources throughout the property buying journey. Because if a buyer maximizes his or her time and resources, this individual can boost the likelihood of enjoying a successful homebuying experience.

Now, let's take a look at three tips to help a homebuyer get the most out of his or her time and resources.

1. Craft a Homebuying Strategy

If you know you want to buy a home, you should develop a property buying strategy. That way, you can map out the steps you'll need to take to find and acquire your dream residence.

A typical homebuying strategy should account for your budget, timeline and other property buying factors. If you analyze these factors, you could streamline your quest to discover your ideal house.

2. Narrow Your Home Search

You plan to buy a house as soon as possible, but you still have no idea where you want to reside. Fortunately, if you hone your house search to a few cities and towns, you may be able to quickly and effortlessly find a great home in an area you can enjoy for years to come.

As you get ready to start a home search, consider your long-term plans. For instance, if your ultimate goal is to work in a big city, you may want to focus on houses in or near major metros. Or, if you want to raise a family, you may want to search for residences near outstanding schools and parks.

In addition, perform lots of research into various cities and towns. If you conduct plenty of research, you can find out whether certain areas match or exceed your expectations and tailor your house search accordingly.

3. Collaborate with a Real Estate Agent

A real estate agent is a property buying expert who understands what it takes to find a terrific residence at a budget-friendly price. Thus, if you hire a real estate agent today, you can get the help you need to reap the benefits of a seamless home search.

Oftentimes, a real estate agent will meet with you, learn about your property buying goals and craft a personalized homebuying strategy. He or she also will respond to your homebuying concerns and questions throughout the property buying journey. By doing so, a real estate agent ensures you can receive expert support as you try to find your dream house.

A real estate agent will make it simple to search for houses that fall within your budget and correspond to your homebuying criteria too. Plus, if you want homebuying recommendations or suggestions, a real estate agent is happy to provide them.

Want to enjoy a fast, successful homebuying experience? Take advantage of the aforementioned tips, and you should have no trouble making the most of your time and resources as you search for your ideal house.




Categories: Buying a Home   buying tips  


Posted by Steven Sawyer on 12/8/2019

Let's face it – purchasing your dream home may prove to be an uphill climb, particularly for a homebuyer who fails to prepare accordingly. Lucky for you, we're here to help you make your homeownership dream a reality and ensure you can discover your ideal residence in no time at all.

Now, let's take a look at three tips to help you get ready to pursue your dream house.

1. Establish Homebuying Criteria

Finding your ideal house can be quick and easy if you establish homebuying criteria before you launch a home search. In fact, with homebuying criteria in hand, you can narrow your house search and speed up the homebuying journey.

To create homebuying criteria, you first should think about cities and towns where you want to live. Next, analyze houses in your preferred cities and towns and consider home must-haves and wants. Once you know exactly what you want to find in your dream house and where you want to reside, you can schedule home showings and move closer to finding your ideal house.

2. Get Pre-Approved for Home Financing

Homebuyers rarely have all the money they need to buy a home. Thankfully, banks and credit unions offer a wide range of mortgage options to make it simple for homebuyers to purchase residences. And if you meet with banks and credit unions, you can review your mortgage options and get pre-approved for home financing.

Obtaining a mortgage may help you streamline your house search because it enables you to establish a homebuying budget that you can use to hone your quest to find your dream home. Perhaps best of all, getting pre-approved for a mortgage may help you resist the temptation to spend beyond your means to purchase your ideal residence.

3. Hire a Real Estate Agent

Navigating the housing market on your own can be challenging for first-time and experienced homebuyers alike. Fortunately, real estate agents are available who can help you take the guesswork out of pursuing your dream house.

A real estate agent is a housing market expert who understands what it takes to complete a successful home search. He or she will meet with you, analyze your homebuying goals and map out a homebuying strategy. Then, a real estate agent will work with you to help make your homeownership dream come true.

As you conduct your home search, a real estate agent will keep you up to date about new residences that become available in your preferred cities and towns. He or she also will set up house showings and offer insights into the local real estate market. Furthermore, if you find your dream house, a real estate agent will help you craft a competitive offer to purchase this residence. And if your homebuying proposal ultimately is accepted, a real estate agent will guide you through the final stages of the homebuying process.

Start your search for your dream house – use the aforementioned tips, and you can boost the likelihood of a successful homebuying journey.




Categories: Buying a Home   buying tips  




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