Getting Your Finances in Order to Buy a Home

Buying a home is no walk in the park. Even after working with the help of a great real estate agent, you still have to deal with the financial side of buying a home. Unless you are in a position to buy the home outright with an all cash offer, you can take steps ahead of time to prepare and make the home buying process as easy as possible. Getting your finances is order is not too difficult, but can take time. Here are the steps you should follow to prepare for making an offer on a new home. Continue reading

Find Houses with a Pinterest Style Search at Compass

Apple iPad and iPhoneIn the old days, buying a home was much simpler. You went to the house, checked it out, and made an offer. But these days, getting a new home is a family affair. You might have parents, in-laws, or siblings across the country who want to help and share an opinion. Maybe you have a friend or two whose opinions you value. Or maybe you have a spouse and want to tag team the search process. However you want to collaborate, the new Collections app from Compass makes it easier! Continue reading

5 Tips to Pick the Perfect Home for Entertaining

If you love the feeling of a home full of life, fun, and friendship, your next home should be ideal for entertaining. If you are looking to buy a new home and have entertainment on the mind, don’t settle for anything less than a home that meets your needs. With the right agent, your dream entertainment venue is just around the corner. Continue reading

Realtor Fees: Are Realtor Fees Negotiable?

 

The standard rate in real estate is a 3 percent commission for the buyer’s agent and a 3 percent commission for the seller’s agent. But are those Realtor fees negotiable? Like almost anything else in life, the answer is a big yes. But if you want a break on fees, you need to bring something to the table yourself to show why you should get a cut. Continue reading

Should You Get a 15 or 30 Year Mortgage?

The world of mortgage loans can be complex. There are conforming loans and jumbo loans and VA loans and HUD loans and many more varieties, but within those categories you can choose between several mortgage lengths. Two of the most popular mortgages are 15-year and 30-year fixed rate mortgages. To find out which is best for you, follow along with this guide. Continue reading

Buyers Beware!! – Sellers May be Spying on You


Sellers today, more so than ever before, are not only using video recorders to ensure nothing gets stolen during a showing, but they’re also listening to Buyer’s comments made while inside viewing the Seller’s home.  Those comments can sabotage negotiations even before the Buyer’s offer is submitted.

Have you ever wondered why they accepted another buyer’s offer, over your own?  Maybe the other offer was higher, the other buyer offered terms more favorable to yours, or they were a stronger Buyer with a substantial down payment.  Or maybe not.  It could have been because you said something to make the seller not want to sell you the house. Continue reading

When Does an Adjustable Rate Mortgage Make Sense?

During the financial crisis in 2007 and 2008, millions of mortgage borrowers defaulted on their loans sending Wall Street and the mortgage industry into a nosedive. With billions of dollars in losses on the horizon, bankers and news anchors were touting the problems of adjustable rate mortgages and balloon payments. But are adjustable rate mortgages all bad? Not at all! Let’s take a look at when adjustable rate mortgages make sense. Continue reading

How to Get the Most from an Open House Visit

If you are looking to buy a home, the season is upon on us! Spring and summer are the hottest times of the year to buy a home, and with the season nearly upon us open house signs are popping up across the country. If you are planning an open house visit, make sure to go into it with a game plan so you get the best result for your efforts. Continue reading

Costly Mistakes Buyers Make With New Home Builders

Strolling through new model homes alone seems innocent enough but beware of the Sales Representative.  They learn a lot through friendly small talk, comments between you and your spouse and body language. Remember, the home sales representative works for the builder to protect his interest.. NOT yours.  A Buyer’s agent can buffer the tactical questioning while preventing costly mistakes unforeseen by many buyers. Buyer’s receive free representation no matter if it’s a new build or a pre-existing home. Continue reading