Is it a Good Time for Millennial Homebuyers?

If you're a millennial who is just starting a career, you might be wondering whether or not it's a good time to buy a home. The answer to this question varies depending on your individual situation. However, it is currently a very strong buyer's market. Here's what you need to know about purchasing a home in 2021 as a millennial.

1. Interest Rates Are Unusually Low

Interest rates are much lower than usual, which is because of the effect that the pandemic has had on the economy. In fact, it's easy to find home loans that offer interest rates of 2.5% or less nowadays. This is especially true for buyers with a high credit score. 

As a result, signing on to a mortgage today could be a much better choice…

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Why Baby Boomers Should Consider Selling Larger Homes

There are a lot of baby boomers who are at the point where they want to retire. Unfortunately, statistics show that many of them do not have substantial savings set aside. The one thing that is helping baby boomers is the equity they have in their homes.

Thankfully, they purchased their homes decades ago when the price of homes was much lower. Now, there is a high demand for homes. With careful financial planning, they can sell their homes quickly for a substantial amount of money and use that money as part of their retirement.

Some Benefits of Downsizing

When baby boomers purchased their homes, they did so looking for ample space to grow their families. Now, their families have moved on…

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How Much Time Does It Take to Buy Homes?

From pre-approval for a mortgage to the actual inspection and handing over of the property, there’s a lot that goes into buying a home. You can expect the buying of a house to take about four to eight weeks if no unplanned delays occur. COVID-19 has also slowed the process a bit, but the delay hasn’t been proven to be significant. Knowing what you need and making preparations can save you a lot of time down the road.

Get Pre-approval for a Mortgage

If you start the pre-approval process prior to actually searching for the home that you want to purchase, you can significantly cut down on the time it takes to close. This usually takes a few days as you’ll be going back and forth with lending institutions and…

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3 Tips to Procuring a Property While Out of State

Buying a home is an exciting step in life. But if you’re planning on making a move out of state, things might start to seem a little overwhelming. With a solid plan and a few tips, you’ll be more likely to make a smooth transition.

Have a Proxy Do a Walk-Through of the Property

The best way to make sure that the property you’re considering is right for you would be to contract a proxy, also referred to in this case as a “buyers’ agent”.

A buyer’s agent will have your best interests at heart and will work towards getting you great value. It’s important to not confuse this type of agent with a listing agent, who will undoubtedly prioritize the seller in this transaction. A buyer’s agent will also…

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Today's Real Estate Market Is a Great Opportunity for Investors

If you are looking for an exceptional new investment, then today's real estate market is likely to have just what you're looking for! Not only are prices and interest rates low, but bidding wars are driving the sale prices of some homes up. 

Furthermore, demand for real estate is quite high, and the economy is recovering quickly as the pandemic ends. All of these factors make 2021 a great year for real estate investors. Here's what you need to know about getting a real estate deal this year.

1. There are Many Properties to Choose From

If you're looking for the home of your dreams, you have a great chance of finding it nowadays. That's because an unusually large number of houses…

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