Archive of posts filed under the Home Purchase category.

Buying In 2017? Steps You Must Take Now

You can’t just plunk down your credit card to buy a house. Here’s how to prepare for the purchase. If you’re thinking about buying a home in 2017, October to December is the perfect time to “warm up” for the house hunt so you can hit the ground running in the new year. And whether […]

5 Tips for Buyers to Have a Successful Home Inspection

          Throughout the homebuying process, you will encounter a number of expenses including, but certainly not limited to, an appraisal, transaction fees and a survey – but none is more important than the home inspection. Dollar for dollar, there is no better use of your money, as a home inspection will […]

How To Buy A House: Home Buying Mistakes To Avoid

Owning a home is one of the most effective wealth-building tools available to the everyday consumer. It’s no wonder that first-time home buyers are out in force. One-in-three home sales today are to first timers, and many more are queuing up to be homeowners in 2017. But when you’ve never done something before, it’s difficult […]

Lagging Demand for Luxury Homes May Mean Deals for Buyers Slowing sales of high-end homes gives potential buyers more bargaining power.

A surplus of high-end homes for sale is giving more bargaining power to buyers. In the U.S., the inventory of homes priced from $500,000 to $750,000 rose 15.9% in March compared with the same period last year, according to the National Association of Realtors. The inventory of homes over $1 million rose 12.6% year over […]

Luxury Real Estate & Technology: Where Added Value Becomes Expected Feature

One of the more amusing aspects of new technology is how quickly something that once seemed so cutting edge is adopted as an essential and expected feature of everyday life. Smart home technology, it appears, is trending along that curve. A recent study of U.S. adults by Coldwell Banker found that 71% of respondents want […]

Low down payment mortgages can compete in today’s market

Despite the growing prominence of low down payment mortgages, first-time homebuyers believe they need to put 20% down to compete in today’s market, but it’s not true given current market conditions, according to real estate agents across the country. Redfin conducted a survey between Sept. 15 and Sept. 18, receiving responses from 762 real estate agents […]

Mortgage And Refinance Questions That Come Up With Retirement

 Forbes article on retirement and refinance. Mortgage and refinance questions are important considerations both before and during retirement.  Each represents a planning factor that people generally figure out the hard way, costing them both time and money. For those that don’t know, underwriters are the number crunchers you never get to meet or see, but […]

Buying a 2nd Home Factoids

With homebuyers enjoying an advantage in many markets, now may be the time to buy that second home. Whether you’re dreaming of paradise or profit, follow these five steps for a smart investment: Step 1: Decide if it’s the right time to buy Step 2: Know what to look for in a second home Step […]

Michael Phelps Wins Design Gold

Nmichow that 23-time Olympic Gold winning swimmer Michael Phelps has officially retired at the age of 31, it’s time for him to settle down. His new $2.5 million mansion rests on almost an acre in Scottsdale, Arizona, reports Zillow. The location is close enough for him to attend his new coaching gig over at Arizona […]

Four Tips for Making an Offer

According to Freddie Mac: the good news for today’s home buyers is that we’ve gone back to a more traditional market, after being dominated by investors and cash sales for several years. Nearly 68 percent of homes sales are to individual buyers today, compared to 53 percent in 2011 when investor/cash sales reached their peak. […]