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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Upgrading Your Family Home? Here’s How to Make It More Marketable to Renters

Have you reached the phase of your life where you’re considering downsizing to a smaller home? Before you begin the selling process, consider turning your once family home into a rental property. There are several benefits to owning a rental property, one of the main attractions being that it can provide a source of income, which can be especially beneficial as you near retirement. 

However, if you’ve owned your home for years (even decades), there may be a few upgrades that can help make your property more attractive to renters. Here are four things to consider to make your family home marketable to renters:

Make Necessary Repairs

Before you begin making cosmetic…

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Why a Home Inspection Is Crucial Before Purchasing

If you're in the process of purchasing a home, then it's important to get a home inspection. Home inspections give buyers confidence and promote a smooth home-buying process. Here are three reasons why buyers should avoid skipping out on their home inspections. 

1. Expensive Repairs

Getting an inspection keeps you in the loop of your potential home purchase. This is important before making a huge investment.

An inspection enables buyers to know about any unexpected repairs before committing to a home. Unfortunately, buyers end up wasting money when they skip the inspection process. 

This is because buyers end up missing the opportunity to negotiate a lower price for the home due to repairs.…

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Reasons Why It's Important to Choose a Certified Home Inspector

Getting your home inspection done is vital, especially if you plan on selling or buying a house. Many inspectors in the market claim to do inspections but have no qualifications. If you plan to put your home up for inspection, it is vital that you get it inspected by a certified home inspector. Knowing the reasons behind it will guide you as you choose an inspector.

They Will Ensure Your Safety

If you are buying or selling property in the market, you need to get an inspector who knows what to look out for. There are houses with flawed foundations or flooring, which might prove to be a danger to you or the home's new occupants. A verified inspector knows what to look out for and will…

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Why People Are Buying Bigger Homes

It's not surprising that people are buying bigger homes. Many of the decisions to go larger have to do with work and lifestyle changes brought on by the pandemic.

Social Distancing

With social distancing protocols in place, it's not surprising that everyone wants a little more space than usual. It's essential to have a comfortable space where everyone can work and live when working remotely. The pandemic forced many workers into home offices, and they felt cramped because of the sudden change.

When living with family members or roommates, it may be necessary to purchase a larger house for privacy, even if you don't need the extra room. Having people on top of you when you're attempting to work causes a…

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4 Home Features to Look for if You Work Remotely

Working from home is a dream come true for many, especially in this increasingly digital world. With that said, for a work-from-home setup to work out, you need to make sure your office space offers maximum flexibility and has what you need for you to do your best work. While there's a lot of advice on the web about how to work from home, in this article we will look at some of the essentials that you absolutely must have to make working from home doable. 

1. Create an Office Space for Yourself

The first order of business for your work-from-home space is to actually have that office space available for yourself. Having your office space in your actual bedroom is less than ideal, for several…

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