Homebuilders and decorators make it very alluring; there is no doubt about it. But yes, buying a brand new home in a new subdivision is risky. Some homeowners have certainly found themselves in an uphill battle when the time comes to sell. Competing with homebuilders, still actively building in the subdivision, when the unexpected or a relocation arises, can be tough. The uphill battle will last as long as new construction continues in the neighborhood. Builders will usually start discounting in order to complete one subdivision as they start building in another location.
A pre-owned home will always be a safer choice if there is any possibility of moving in less than 5-7 years. Continue reading →
As we get older we need to consider where we want to ‘age in place’. Remaining in our home may be just too much to handle, especially if it’s too large or in need of repairs. A large two story home certainly doesn’t meet our needs any longer. We question ourselves if we should sell and downsize to smaller home or invest our equity and just lease. Or, would it be better to hire someone to make modifications in order to remain where we are. Continue reading →
When searching for a new home, you may find that many desirable communities have homeowner associations (HOA) in place. This shouldn’t deter you from purchasing a home in your favorite neighborhood—there’s a lot to love about entering a community that features an HOA. Continue reading →
It is common knowledge that factors such as location, neighborhood schools, and the age of the house itself will affect the overall value of your home. When it comes time to consider selling, it is important to keep these in mind as well as making the necessary appliance upgrades and infrastructure updates. What many don’t know, however, are the hidden factors that can oftentimes negatively impact your home’s value. Below are five such surprising kickers. Continue reading →
It’s time to move. That means it’s time to get your home ready for the housing market. You’re going to need to do some work both inside and out to make it the most desirable and sought-after listing among all buyers who are looking for a home. Continue reading →
Buying a fixer upper has many benefits over the purchase of a move-in ready home that might have fewer problems. Every real estate agent will tell you that any home you move into will inevitably require some kind of improvement work. However, fixer uppers typically need a bit more TLC. This can get quite costly, but will offer a number of positive, and potentially lucrative, advantages in the long run. Continue reading →