Home Buying

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House hunting can be incredibly stressful but finding an ideal home is a major life decision you need to make. With so many factors to consider, it's easy to feel overwhelmed when looking for a new home. Here are five tried-and-true tips to help make the process go more smoothly.

Set Your Budget

Having a budget before searching for a house will ensure you don't stretch financially. It's a good idea to include a rough amount for your home, and a ceiling price in the event that you find a home that you love but it's priced a little higher than your budget. A budget will also come in handy when negotiating for an offer with the realtor.

The Location of the House

The location of your dream home should be at the forefront of your home-searching

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Decisions are needing to be made, but you can’t make up your mind on renting or buying. They each have their pros and cons, but determining which is best suited for you can be a challenge. Here are a few ideas you should think about before taking that best step into the world of homes.

Payments
Monthly rent payments compared to monthly mortgage payments are a big difference. Mortgage payments are what will add to the equity into your home. Having equity on your home can be very beneficial in the long run. Mortgages can also be a tax deduction as well since it has interest on it. Also, mortgage payments when paid on-time can help boost your credit score, unlike rent monthly payments. Rent monthly payments only guarantee

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A home warranty is a separate contract covering repairs and replacements on systems in your home, most usually last up to a year.

Home warranties cover many but not all of your home's appliances and systems. Contract costs and coverage can vary widely, so always compare before purchasing. Before purchasing one you should review your contract and have a full understanding of what exactly is being covered. When you buy a home warranty, consider premium and optional coverage and what is not covered. When a home warranty is understood and utilized for its intended purposes, it can be the easiest way to save on home repairs and reduce the extra stress that comes with buying or selling a home.

 

Warranties vary from company to company but in

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Buying a home, especially for the first time, can be intimidating. You have to work with the seller, their agent, the title company and more. Don’t let the process of home-buying overwhelm you. Stay on track with this easy-to-follow list of steps to take once you have chosen the house you want to buy.

Find a Great Real Estate Agent 
By the time potential buyers have settled on a home, they most likely already have a real estate agent who has helped them along the way. If you are one of the few house hunters who chose a home without hiring a realtor, we applaud you! But with all of the complex steps involved in purchasing a home, we recommend you find a reputable, trustworthy real estate agent to guide you through the buying process. If you have a

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  Buying a home is probably one of the most important purchases you will make in your life, so it is imperative that you get the facts straight. Get an idea of what you are getting yourself into before you actually begin this process so the end result is just how you want it to be. Therefore don’t be afraid to put yourself out there and get educated on this important step in your life.


Choose the Right Realtor

Getting a realtor is very helpful in the home buying process, as long as you get the right one for you. Meet with several at first to get to know who you will be working with for the next several months and ask family and friends for any referrals. Making sure that they have your priorities and concerns as their own to make

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money house photo.jpgSetting back enough money is a crucial part of buying a new home. Below is a summation of the costs associated with closing a deal.

Earnest Money Deposit

Earnest money deposits are used to ensure the seller that the prospective homebuyer is serious about their offer. The deposit amounts vary, but are usually around 1-3% of the home’s purchase price. If the sale goes through, the deposit is added toward your downpayment. In the case that you back out unexpectedly, the money is lost to the seller.

Down Payment

Down payments are the most expensive up front costs when buying a home. Some lenders will allow you to go as low as 5 or 3.5% on your down payment, but the ideal rate is around 10-20%. The higher your downpayment, the lower your future

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Are you wanting to build your next home, but don’t really know where to start? It seems like there a millions things to consider before you can make any progress. Don’t stress, here are some tips to help you start!

  • Look at various floor plans.

Are you wanting a one story or two story? How many bedrooms? Open kitchen? Homes nowadays consist of lavish floor plans which you may not even thought of! It is important to choose a floor plan that will work best for you.

  • Find an experienced agent.

It is important to connect with an agent that has experience with home builders. An agent will be crucial in teaching you how to structure your offer to a home builder. They will have the experience to know what will be the

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Building a home can be exciting and overwhelming. You have big visions in your mind of what you want, but then you realize there is so much to do to make that dream a reality. You begin to wonder where should you even start! Here are a few things to start with when you are starting the home-building process.house frame.jpg

Get Connected with a Realtor:

This step is here to ensure you make smart moves. When you get in touch with a realtor, they can help you compare floor plans, financial options, help explain contracts, and so much more. When it comes to the building process, they will make sure you are only putting in what you can get back in return for your area. They are your trusted source for real estate information, and you can be assured that they are

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Congratulations, you’ve made it all the way to the home inspection!

It is important to note that a home inspection is completely optional to the buyer, but generally is a great idea. It’s very important to be aware of all your choices for home inspection. Below we will go over a few of the basics about home inspection and what you should expect.


What is a Home Inspection?

By definition, a home inspection is a limited, non-invasive examination of the condition of a home, often in connection with the sale of that home. It includes an in-field, primarily visual evaluation and professional opinion of the performance of the readily accessible installed systems in a home.


These evaluations should be performed by certified professional

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Top Tips that First Home Buyers should know

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1. Shop a Loan

Interview at least three lenders and compare the “good faith” estimates. A good faith estimate is used to compare offers from different lenders or brokers. The process can take as little as an hour, but make sure you tell each the same scenario to compare costs and interest rates apples to apples. They should respond to you quickly. Look for a loan that you’d be comfortable taking on for at least 3 years.

2. Set a Budget

Figure out what you can realistically afford month in and month out. Pay off or lower credit card minimum payments, student loans, and car loans before you take on a mortgage if possible.

3. Improve on Credit

One common misconception is that less

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