When you’re looking to buy a home, you may wonder, “Does it matter if the property is listed with a real estate agent or the owners who are trying to sell it themselves?” Um, yes. It matters. A lot. The truth is: When it comes to signing contracts, handing over escrow money, and digging into the home’s history, going it alone can end up costing homebuyers a bundle. The following are 6 reasons...
Many people believe that when it comes to real estate, buyers want something brand new. But according to a recent report, the vast majority of buyers end up purchasing existing homes. According to the New Construction Consumer Housing Trends Report 2018, only 38% of buyers in 2018 even considered purchasing new construction. And the percentage that ended up buying a brand new home? Only...
When you’re buying a home, you might think the price you offer is ultimately the price you’ll pay, but if you’re buying a home with a mortgage, that’s not the case. With a mortgage, in addition to paying your principal (the amount of money the bank loans you to purchase your home), you’ll also pay interest on that principal—which is why the interest rate on your loan is so...
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