Homebuying June 19 2018

Homebuying Hurdle: Location

‘I can’t find any affordable homes in the location that I prefer.”

Finding a home to purchase is a difficult task, especially if the area you prefer is out of your price range.  If you are running into a hurdle with finding a home within your means, then a simple change in mindset is probably all you need. We know that living in the heart of the city has many perks. There are restaurant options galore, nonstop events and a plethora of new people to meet and sights to see. Picturing yourself moving to the outskirts probably comes accompanied with the image of a houseful of kids, donning on some Mom jeans and maybe even some Dad-style cargo shorts. We want you to know that you don’t have to have any of these life milestones checked off in order to purchase a home.  All you need is the itch to stop paying rent!

HOW MUCH HOME CAN YOU AFFORD?

A big plus of living a few miles from the city limits is that you will gain more square footage for your money. Also, residential areas offer old-fashioned things like yards (you know, those big green things) and space for hiking trails! They even offer better school districts than inner-city schools. A better school district will make your home easier to sell in the future. This will come in handy if you need to make a quick move, due to that new job offer you can’t resist! Always make sure the neighborhood you buy into has rising home values. A home in an older neighborhood might be more within your price range. However, check to see if new homes are developing near it. This lets you know that younger families are moving into the neighborhood. An older neighborhood with new home construction is classified as up-and coming, guaranteeing longevity. Moving a few minutes from the city may seem like a long haul from amenities that you’ve grown to love. However, think about all of the times you sat in traffic to get to your next destination. Was that five-mile drive that took thirty minutes during rush hour a longer drive time than the one you took to get to the outskirts? That answer is probably yes. Remember, if you are set on a certain location and can’t move past this hurdle, there is nothing wrong with waiting a few more years to buy into the neighborhood of your dreams. Keep in mind, that your tastes and living situation may even change during this time! Buying a home is a big decision and should never be a spontaneous investment.

Find an affordable home near the amenities you love.

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October 26 2018

3 Reasons to Invest in Real Estate

Increasingly, Americans are choosing to invest in real estate instead of stocks, bonds, or mutual funds. From 2000 to 2016, real estate outperformed the stock market at a ratio of about 2-to-1. For three years in a row, Bankrate found more U.S. adults feel...

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October 22 2018

What Does a Realtor Do?

Ever wonder about the difference between a real estate agent and a realtor? They’re the same, right? Not so. Working with a real estate agent can take a lot of time and stress out of the home buying process, but not all real estate agents are the same....

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October 19 2018

Your Final Walk-Through Checklist

By the time you get to the final walk-through step of buying a home, you may be a dangerous combination of excited and exhausted. You’ve negotiated the perfect price, had the home inspected and requested repairs. You’re ready to move in! But a lot...

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October 17 2018

7 Tips to Buying in a Hot Housing Market

Buying a home can be overwhelming under any circumstances, but especially in a hot housing market. Home prices go up, and the number of homes available goes down. With emotions and stress running high, you may be pressured into making a purchase you’ll...

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October 15 2018

Finding the Perfect Neighborhood

Amid the excitement of hunting for the perfect house for you and your family, don’t forget to pay attention to your surroundings. It doesn’t matter how perfect your chosen house is — disliking the neighborhood can make your living situation...

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October 12 2018

5 Common First-Time Homebuyer Mistakes

You’ve scrimped and saved for years—dreaming about owning your first home. Now it’s time to make one of the largest purchases of your life. Are you ready? Have you done all of your research? Almost half of Americans have some regrets about the...

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October 09 2018

What’s Scarier Than Bad Credit? No Credit!

Many may pride themselves on having zero debt, but is it really the best for their financial future? Not as much as you may think. Having no or little credit can make large purchases and future milestones more challenging to achieve. The good news is,...

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September 28 2018

Best New Upgrade Trends for Your Home

Sometimes your home needs a little renovating in order to maximize comfort and livability. Here are several ways to upgrade your home on any budget or scale! 

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September 20 2018

Terms to Watch for in a Purchase Contract

Every home sale starts with a home purchase agreement—a legally binding contract signed by homebuyers and sellers that confirms that they agree upon a certain purchase price, closing date, and other terms. While the forms and wording vary from state to...

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