Today’s housing environment has more single home buyers entering the real estate market than ever before. With inventory levels high, interest rates near record lows and affordability up in many areas across the country, many people who may have never considered buying a home in the past are recognizing that a mortgage payment on a [...]
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 [...]
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 [...]
