Getting Tired of Renting? Here Are the Top 5 Reasons Why Young People Prefer Owning a Home

At some point in their lives, every renter thinks about home ownership and whether or not it's worth it. Let's explore the top 5 reasons why young individuals prefer the idea of owning a home over renting. It's All About Control It's unlikely to come as a surprise that having control over their living space is the number one reason that younger buyers prefer owning over renting. Living in a home owned by someone else limits your ability to customize your home. Want to expand a room or rip out the kitchen cabinets? Good luck with getting your landlord to…
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3 Things You Need to Consider Before Buying That Fixer-Upper Home

What Will It Cost? If you're going into a home expecting a few renovations costs, a minor detail here or there may not add up to much. However, if you're not interested in spending the big bucks on making changes, you'll want to estimate an approximate amount of how much the renovations you don't want to live without will amount to. By including all the necessary labor and materials, you'll be able to determine if the price-point of your offer will be worth it. Keep in mind that if there are any serious issues with the house, it may not…
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Feeling Squeezed by Higher Rents? It Might Be Time to Consider Buying Your First Home

With the cost of rent going up across the board and becoming even less affordable in metropolitan centers, it's never been a better time to seriously consider home ownership. While the price of a home and all the associated costs can certainly seem like a tight squeeze after years of renting, here are some reasons you may want to consider giving up your rental and springing for a home instead. It's An Automatic Savings It's a sure bet that the money you spend on rent is going down the drain as soon as the month is over, but investing your…
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3 Key Reasons Why Buying Your First Home Is Like Planning a Wedding

You may not see the connection right away, but buying a home and planning a wedding are two experiences that require certain skills and challenge you in similar ways. Check out the three key similarities below! 1. Budget Whether you're buying your first home or planning a wedding, you are likely facing one of the biggest financial obligations of your life. That's why, in both cases, it is essential that you pick a realistic budget and stay within it. Sounds simple, but in either case it can be difficult! Unexpected obstacles may force you to spend more than you planned,…
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Buying for Retirement: 3 Reasons Why You’ll Want to Buy Your Retirement Home Before You Retire

Many people dream of buying their ideal retirement home after their career has come to a conclusion - with all that extra free time it seems like it'd be the most logical time to shop around. However, many real estate professionals strongly recommend that their clients find a retirement property before they're off the payroll. While it may seem like a big time commitment to find a new home while you're still busy with your work there are several significant financial benefits to purchasing your retirement home before you actually do retire. Here are our top reasons why. It Makes…
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4 Websites to Help You Evaluate the Safety of Your Future Neighborhood

When you're just moving into a neighborhood, it can be hard to know exactly what you're getting into. Certainly, you can see the sights for yourself and read about your new community online, but there are still things that may not be readily available. If you're looking for the cold, hard facts on the safety of your neighborhood, look no further than the following websites for the things you'll want to know. Situation Alerts on SpotCrime By simply typing your street address in at SpotCrime, you will get an instant report of all the criminal goings-on in your community from…
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First-time Home Buyers: Why Splurging for a Larger Home Beats Condo Living

Some first-time home buyers are on a tight budget when making their real estate purchase, and there may be an inclination by many to purchase a smaller property, such as a condo, rather than the home they truly want. While there may be some initial financial benefit associated with buying a smaller property, there are a few benefits associated with splurging and buying a larger home as a first purchase. By analyzing these benefits, first-time home buyers can make a more informed decision about how to proceed. Costs Associated With Upgrading In The Future Some people will purchase a smaller…
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Avoiding Home Buyer Remorse: 5 Tips for a Happier Homeowner

The rush of excitement that comes with finding the home you've been looking for is ideal, but just because it seems like the perfect place, it doesn't mean there aren't other factors to consider. Instead of getting hit with buyer's remorse, here are some tips so that your home purchase doesn't become something you'll regret. Forget About The Competition If you're contemplating a house and happen to be dragged into a bidding war, it's important to take a step back and determine if it's really the right home for you. It can be easy to get carried away and up…
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Evaluating Neighborhoods: 4 Things to Consider Before Purchasing a Home

From finding the right agent to discovering the home you can truly feel comfortable in, there are a variety of things involved in the home buying process. However, it's important not to get caught up in the home and ignore altogether the community you'll be living in. If you're planning a move to a new neighborhood, here are some things you should look into before putting in an offer. Local Amenities A peaceful, picturesque community is ideal, but if there are not a lot of resources nearby for your family, it's possible that your new neighborhood may not be the…
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Suffering in a ‘Low Inventory’ Real Estate Market? 3 Helpful Tips for Finding a Home to Buy

Many homebuyers struggle with finding a home that is within their price range, but many of those perusing the market also struggle when it comes to the search. If you're currently in the real estate market and are having difficulty finding a good selection of homes, here are some ways to expand your search so you can find an opportunity you're prepared to invest in. Look Over The Old Listings Whether you do it on your own or enlist the help of your real estate agent, it's worth looking through the old listings to determine if any old opportunities are…
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