Home Buyer Tips Archives

12 Apr 2024

Find Something Wrong During a Home Inspection? How to Discuss Repairs or Defects with a Seller

Home Buyer TipsBuying A Home, Home Buyer Tips, Home Inspections

When it comes to selling a home, it is a common belief that once the offer is accepted, there is nothing else to be negotiated. However, issues and obstacles that can arise during the home inspection can be a cause for discussion with the seller. Whether you're currently searching for houses or your offer has already been accepted and you're preparing for the next step, here are some tips in the event that the home inspection isn't up to par. Be Cautious About What You Say Without a doubt, anything that you discuss with the real estate agent regarding the…

31 Jan 2024

By noelkelman

First Things First, What To Do Upon Moving Into Your New Home

Home Buyer TipsAround The Home, Home Buyer Tips, Moving Tips

If you have purchased a new home and are going to move in soon, what are the first few things that you will need to do upon moving into your new home? Moving can be very stressful, but having a checklist can make your move to a new home effortless. Here are 6 easy steps that can eliminate any frustration and help you feel safe and secure: Change Your AddressYou will need to change your address for all magazine subscriptions, bills, and other services. You can update your mailing address online or visit your local post office to find out…

26 Jan 2024

By noelkelman

Are You Ready for Home Ownership? Find Out by Answering These 4 Questions

Home Buyer TipsBuying A Home, Home Buyer Tips, Real Estate Tips

Do you ever dream about a larger, roomier, or more luxurious living space? Or perhaps just want to experience the joy of owning your own home and building your net worth instead of renting? Let's explore a few questions that can help to answer whether or not you're ready for a new lifestyle as a homeowner. Can You Realistically Afford To Buy A Home? The first consideration to make is a financial one: can you afford it? Buying a home is a significant financial investment. In most cases, you'll need to manage monthly mortgage payments for many years. The good…

04 Oct 2023

By noelkelman

Buying or Selling a Home This Winter? Keep These Tax Tips in Mind!

Homebuyer TipsHome Buyer Tips, Home Seller Tips, Mortgage

With all of the expense that can go into buying and selling a home, it's good to be aware of what you can claim and how a home can benefit you come tax time. When the New Year rolls around and you're sitting down to the task of completing your taxes, here are a few things that you'll want to keep in mind. Gaining from Capital Gains In the event that you've made money off the sale of your home through a capital gain, it's possible that you may be able to exclude this amount from your tax filing. If…

03 Oct 2023

By noelkelman

4 Facts You Need to Know Before Setting Up a Mortgage Escrow Account

Home Mortgage TipsEscrow Account Information, Home Buyer Tips, Home Mortgage Tips

Buying a home involves a variety of nuances and strange-sounding terms, and one of the least understood aspects of the home buying process is the escrow account. Essentially, an escrow account is a third party bank account your lender can require you to pay into in order to cover certain costs related to your home. Your lender uses an escrow account to ensure that property taxes and home insurance fees get paid on time. But how exactly do escrow accounts work? Here's what you need to know. Escrow Accounts Are Mandatory With Certain Mortgages Not all home buyers are required…

28 Aug 2023

By noelkelman

Buying for Retirement: 3 Reasons Why You’ll Want to Buy Your Retirement Home Before You Retire

Home Buyer TipsBuying A Home, Home Buyer Tips, Real Estate Tips

Many people dream of buying their ideal retirement home after their career has come to a conclusion - with all that extra free time it seems like it'd be the most logical time to shop around. However, many real estate professionals strongly recommend that their clients find a retirement property before they're off the payroll. While it may seem like a big time commitment to find a new home while you're still busy with your work there are several significant financial benefits to purchasing your retirement home before you actually do retire. Here are our top reasons why. It Makes…

08 Jun 2023

By noelkelman

Buying in a New Community: How to Meet and Make Friends with Your New Neighbors

Home Buyer TipsBuying A Home, Home Buyer Tips, Moving Tips

One of the stresses of moving to a new area is giving up the familiarity that you have with your old neighbors and starting from scratch. Whether you've just moved to a different locale or you're planning to relocate in the near future, there are some easy ways that you can make a home of your new neighborhood right from the start. Stand Up and Smile While there are neighborhoods where people are definitely friendlier than others, by making your presence positively known you can make an instant impression on those that live around you. When you're walking around the…

12 Apr 2023

By noelkelman

How Young Is ‘Too Young’ to Buy Your First Home? Getting Started Early Has Its Ups and Downs

Home Buyer TipsBuying A Home, Home Buyer Tips, Real Estate Tips

Many millennials are expected to enter the housing market in the next year with the interest rates still low. However, while it may be a good time, it does not necessarily mean that it's the right time for you to make the investment. If you're currently weighing your options when it comes to home ownership, here are some things to consider before you decide put the money down. Are You Struggling With Student Debt It's possible to invest in a home when you're still paying down student debt, but if you're also struggling with a low-paying job and a high…