Under normal market conditions, the average time to complete the sale of a home is 30 to 45 days. Though, well-prepared home buyers have been known to purchase properties faster than the averages. Market conditions are a major factor in how fast homes are sold. In hot markets with a lot of sales activity, [...]
The national average for down payments is 11%. But that figure includes first time and repeat buyers. Let’s take a closer look. While the broad down payment average is 11%, first time home buyers usually only put down 3 to 5% on a home. That’s because several first-time home buyer programs don’t require [...]
You hear and read about these terms often in today's media. Read below to learn more about what makes a buyer's market different from a seller's market when it comes to real estate. What is a seller’s market? In sellers’ markets, increasing demand for homes drives up prices. Here are some [...]
This is a question that comes up frequently with many real estate customers. We hope this helps answer it. If the built-up equity in your current home will be applied to the down payment on the new home, naturally the former will need to be sold first. Some home buyers decide to turn [...]
With all of the DIY'ers out there, many of you can probably do these things but be sure to think about it carefully before you jump into your bathroom remodel project. Intricately Patterned Tiny Tiles So bohemian, so fresh-looking — and, yet, retro. Every time you see a shower, vanity, or entire bath [...]
Owning your first home can be both exciting and overwhelming. Avoiding some of these common home ownership myths can save you time, money, and protect your home value. Only Homes In Warm Climates Need Roof Vents Yes, roof vents do suck hot, humid air up and out through the roof. That act is [...]
Use this handy guide to learn how to select a home inspector and deal with the unexpected surprises that may arise with your next home inspection. A Home Inspector Is Your Protector An inspector helps you make sure a house isn’t hiding anything before you commit for the long haul. (Think about it [...]
Listed below you will find some of the most common mistakes new (and old) homeowners make that can accidentally trash a yard and lawn. Misusing Fertilizer Don't overdo it with fertilizer. Many homeowners tend to put too much fertilizer on their lawns and this can adversely affect plant growth as well as burn [...]
So you’re thinking about buying your first home. Your very own house (and mortgage). A place to call — and make — your own. It’s a big move, literally and figuratively. Buying a house requires a serious amount of money and time. The journey isn’t always easy. It isn’t always intuitive. But when you [...]
