4 Common Mistakes Real Estate Agents Want First-Time Home Buyers To Avoid
Posted on:
29 September 2017
Making the decision to buy your first home will be exciting, but you may not be prepared for the different physical, emotional, and financial obligations of this decision. You may contact an agent when you see a property that interests you, but other steps should be taken before you begin searching for your first home. By avoiding a few common mistakes, you and your agent can find you a first home that will not leave you in physical, emotional, or financial distress.
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Can You Buy A Home With No Credit?
Posted on:
27 September 2017
If you have no credit, then this means you have no credit history for a lender to go by when determining whether or not you are credit worthy. This puts you in a harder position when it comes to buying a home, but it isn't hopeless. You can learn about some of the options you may have available to you by reading this helpful guide on buying a home with no credit.
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Caught In A Low-Priced Home Rut? You Can Dig Your Way Out
Posted on:
22 September 2017
A large number of people across the nation are stuck in a glut of owning low-value houses that are hard to off-load on the market. However, a growing number of sellers are following these steps to increase the value of their real estate.
Understanding The Cycle Of Recovery
The real estate market typically goes through four different phases. These include the phases of recovery, expansion, hyper supply, and recession. The housing bubble burst in 2008 and caused a recession that made many homes nearly worthless.
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How Contract Contingencies Protect An Earnest Money Deposit
Posted on:
19 September 2017
Once a prospective home buyer decides to purchase a particular property, a purchase offer must be written out. Along with a written offer, the buyer usually submits a payment of earnest money to one of the seller's representatives. To minimize the risk of losing the earnest money if the sale never closes, home buyers can include protective contingency clauses in a purchase offer.
There is no set formula to determine how much earnest money to include with a purchase offer.
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