Where Buyers Tend To Compromise When Buying A Home

If you are in the market for a home, it is important for you to think about what is most critical to your housing search. Unless you have an unlimited budget, you will probably have to compromise somewhere to make a competitive offer on a house you can afford. Every buyer is different, but there are a few common themes regarding where buyers tend to compromise when looking for a house.  The Condition Of The Home One area where buyers tend to compromise is the condition of the house. Most buyers would prefer to purchase a new house that is…
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Should Your First Home Be A Starter Home Or Forever Home?

If you are looking for a house for the first time, you might be wondering whether you should purchase a starter home or a forever home. A starter home is a home in which you intend to live for a few years before you sell it and upgrade to a better home. A forever home is a home that you intend to be in for ten years or more. You can see yourself moving into the house and potentially spending your entire life there. How do you decide which type of home you should purchase? A Starter Home If your…
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The Pros and Cons of ‘Mortgage Before Marriage’ for Young Couples

There was a time when a higher percentage of people were married before they committed to buying a home together, but it's a lot more common to co-habit and invest in a home together. If you're considering the commitment of a mortgage without being married, here are some things to be aware of before you start searching the market. Relationship Status Won't Affect Your Rates It might seem like there are greater risks involved if two individuals purchasing a property are not legally bound, but it actually makes no difference to the mortgage lender. If two people are buying a…
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Sale Pending: What Does This Mean?

The search for a house can be stressful and filled with lots of jargon that can make it difficult for someone new to the real estate world to figure out what is going on. One of the most common terms that people might see on the MLS is "sale pending." What does this mean, and how should people interpret this? An Overview Of Sale Pending If a listing says that it is "sale pending," it means that the buyer and the seller are under contract. While the deal is not yet set in stone, it means that the seller has…
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There Are Several Great Reasons To Consider Buying A Condo Today

Many would-be homebuyers are now considering buying a condominium instead. Condominiums may be a good option for first-time buyers who are experiencing obstacles when searching for properties that meet their budgets and other criteria. Here’s why: Condos Might Offer More Budget-Friendly Options In today's housing market, supply constraints are a fact of life. Including condominiums in a home search might expand the pool of alternatives. Remember, condos are often less expensive because they have less room—the owner won't have their own garden, for example—and the overall square footage is typically less than that of a single-family house. Still, if budget is the obstacle, condos could be…
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Advice For Purchasing A House On A Single Income

Even though a lot of people have two incomes they can use to purchase a house (theirs and their partner’s), this is not necessarily required. There are lots of people who want to take advantage of current interest rates to purchase a house, and some people are trying to do it on their own. Even though it can be a challenge to buy a house with only one income, it is certainly not impossible. There are several tips that can make it easier for everyone to afford a house with just a single income.  Always Check Your Credit Score If…
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A Guide To Helping A Dog Adjust To A New Home

Most people treat their dogs as members of the family. Just as moving can be difficult for children, moving can be a challenge for dogs as well. Dogs develop an attachment to their homes, and they can have a hard time adjusting to a new place. Fortunately, there are a few steps that homeowners can take to make the moving process easier for everyone involved, including dogs.  Let The Dog Get Familiar With The Moving Supplies  A lot of dog owners have found that it is easier to take a dog to the vet if he or she can acclimate…
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How Can Parents Help Their Children Buy A Home?

One of the most common dreams is homeownership; however, the cost of buying a house is rising quickly, and many children cannot afford to buy a house even after they finish school. They might be encumbered with student loans, and they could have a difficult time finding a job. Fortunately, there are ways parents can help their adult children buy a home. Help Children Build A Healthy Credit History As Early As Possible One of the biggest factors involved in an application for a home loan is the credit score. One reason why children have a difficult time qualifying for…
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7 Things You Should Do As Soon As You Move Into Your New Home To Slash Your Electricity Bill

Moving into your home is an exciting time, and you shouldn't allow higher than expected electricity bills to dampen your spirits. Every day, households around the world waste large amounts of energy. If your home uses more energy than it needs to, you are the one that is paying the price. Luckily, there are many ways to make sure your home is running as efficiently as possible. Save yourself from 'utility shock' by taking these seven steps. Make Energy Efficiency Your Electric Company's Business When you first move into your home, have your appliances inspected by an authorized technician. You…
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