Foreclosed homes that are up for auction can be appealing to homebuyers who are working on a strict budget and seeking out more affordable properties. However, there may also be some caveats that come with buying a home that has been in foreclosure, so it's important that prospective buyers get all the information about the [...]
Real estate agents agree that one of the keys to buying and selling a home revolves around the price of a property. Sellers who price their homes too high are likely to turn away potential buyers, while individuals who bid too low for a home may be hurting their chances. However, a recent Coldwell Banker survey of real estate [...]
Most consumers are likely anxious to complete the home buying process, so the last thing they want is a last-minute surprise while they're closing on the house. The closing process is the final hurdle buyers face after they have agreed to purchase the home, but it's important to be prepared to avoid obstacles that may delay [...]
By doing your homework before you buy, you’ll feel more content about your new home. 1. Decide how much home you can afford Generally, you can afford a home priced 2 to 3 times your gross income. Remember to consider costs every homeowner must cover: property taxes, insurance, maintenance, utilities, and community association fees, if [...]
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