You’ve been renting or residing with family for a while and you’re tired of living in someone else’s home. Maybe family is getting too close for comfort or you’ve have had enough of the neighbor, who always slams his apartment door. These are common reasons I hear when a first time home buyer is ready to purchase a home. If you are planning to buy and are currently renting, think ahead. The planning can be weeks, months or even years. Having a game plan will help you be prepared so when the time is right, you will be able to make your move. The following are five things to do when preparing to buy a home.
As we may be tipping off the fevered pitch of the residential real estate market here in the Pacific Northwest, it’s a good idea to highlight some valuable credentials awarded by the National Association of REALTORS® or its affiliates. These designations may be recognizable and valuable to potential home sellers or buyers as they search for brokers who will best assist them in navigating our ever-changing market.
Dreams of home ownership are often sparked by major life events, including college graduation, marriage, children, and retirement. The need for space, comfort, convenience, tax breaks and the satisfaction of being a homeowner spurs many renters into buying. And surprise! Dog owners are driving the buying trend.
Everyone knows that size matters, right? Home buyers are perhaps looking for a larger home, a big yard for the kids, a 3-car garage while sellers are looking for the possibility of an escalated purchase price, giving them the largest “profit” or equity return on what is often their single largest investment. Of course, these common objectives are completely valid but unique to every individual or family.
The frenetic pace of our current real estate market opens the door for homebuyers to use creative tactics when searching for their dream home. It’s important to weigh the pros and cons of such methods as well as the additional time it takes to initiate unconventional search campaigns.
Buying, First Time Buyer, Local Real Estate, National Real Estate, Real Estate Broker, Real Estate Market Trends
Late boomers, like myself, are busy people. We’re still raising kids or about to send them off to college. Many of us are at the apex of our careers or juggling fast-paced schedules at home for everyone in the family. Adding to the fever pitch, we’re often already caring for aging parents.
From the outside peering in, it looks like a lot of fun to be a millennial. After all, as a group they grew up surrounded by electronics and have no fear finding digital solutions to just about everything, like buying groceries or eye glasses or streaming entertainment choices on demand. But when it comes to buying a house, well things are tougher for them.
If you watch HGTV, you’ve seen them popping up everywhere: tiny houses, often mobile, perfectly sized for a simple and more affordable lifestyle. They’re easier to maintain and give owners the option of taking home on the road. Many current homeowners are interested in the tiny house movement. So why aren’t we seeing more of them?