Posts with tag 'home buyers'
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- 2019 | 42 Posts
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- 2014 | 13 Posts
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4 Steps to Buying a Second Home
Purchasing a second home can be a big step. Whether seeking a cabin in the woods, a getaway beach home or modern condo in the city, buying another property is a big decision. Here's how to know if now is the time to buy.
Affordability
Assessment of personal finances is critical in determining whether to purchase a second home. Beyond the cost of a second mortgage are other financial issues such as what interest is charged on a second mortgage. It may also depend if the home will be rented out as lenders consider rental properties a higher risk than those listed as primary residences. Other factors may include:
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Insurance
2
How to Maximize This Year’s Seller’s Market
Whether a first-time buyer or one with experience, inventory is slim but lots of competition exists which can lead to a frustrating seller's market. Quick, easy sales are best for buyers. Sellers and buyers can benefit from some of the following tips for maximizing home selling and buying and the current competitive market.
Sellers and Buyers
The following tips will help any person selling a home or purchasing know what to look for when stepping into the current market.
Seller: Prepare, inspect, disclose and plan ahead. The market is less forgiving if a person makes a mistake. A home which goes 'back on the market...
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Does Your Home Have What Buyers Want?
A homeowner who desires a property to stand out from the competition must view everything as a business transaction. Emotional attachment to a home can impact potential buyers and make it difficult to detach from the property. Sellers who transition away from emotional connection into investment mode reap more financial rewards. Learn what potential buyers are looking for and how to make an existing property for sale more marketable.
Wish Lists
Homes sell quickly that have desirable features on a buyer's wish list. Retailers work to understand this market and corner it for profit. The same goes for selling a home. Mentioning the top features in a listing description can net a premium in how fast the home s...
11
Avoid These Three Moving Nightmares
Moving houses can be one of the most stressful endeavors any person experiences. Problems may occur at any stage in the process, particularly when relocating personal items. Find out what some of the common moving problems can be and how to avoid being a victim.
Bad Movers
Many horror stories surround poor companies or personal movers who promise but do not deliver. Some of the common problems include:
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Late movers or no-shows. Once an agreed-upon time comes and goes with no sign of a moving van, this can signal trouble. Stress and wasted time can make the process more difficult.
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Are Eco-Friendly Features Helping to Sell Homes?
A home which provides eco-friendly features can sell well in today's market. Geothermal systems, solar panels, Energy Star-rated appliances and LEED certification go far when selling a home. Home builders and sellers of upgraded homes that provide 'green' features spend a fair amount but whether a prospective buyer cares about it depends on many factors. Learn what the factors are and how to position a home with 'green' features for the marketplace.
Feature, Fixture or Finish
Prospective homeowners look for features to touch, feel and show off to friends and family. Spa-like bath, media room or a chef's kitchen all have buying power. A buyer may not necessarily pay extra when it comes to home improveme...