It is vital to understand the home selling process before listing. The last thing you want is to feel like you’re flying blind while hoping for the best. As a Realtor, I’ve put together a condensed step-by-step guide to sell your home.
As you continue your home search, I’m sure you’ve wondered if it’s better to buy new construction or a resale home. You might love the idea of owning a home with the latest safety standards and modern technology. Or you might like the idea of buying an older home because of its charm. But of course, both will come with their fair share of pros and cons. Here are a few reasons you may prefer to buy a newly built home over an existing one.
Did you know 85% of home buyers request a home inspection? I think it’s safe to say, taking this step during the home buying process is extremely important, and that goes for both new construction and older homes. Doing so before taking ownership may save you a grip in the long run.
Knowing what mortgage type is best for you can be somewhat of a doozy. For this reason, it should in your best interest to find a reputable mortgage lender. This will allow you to be consulted by an expert while finding out what home loan is best.
Before continuing, I must make a disclaimer. My intent with this article is to briefly describe each type of loan while giving my opinions. I am a Realtor, and I do not proclaim myself to be a mortgage expert whatsoever.
Finding affordable housing as a first-time homebuyer in Virginia can be a significant challenge. Especially as home prices continue rising. Well, thanks to down payment and closing cost grants offered by the Virginia Housing Development Authority (VHDA), affording a house doesn’t have to be so hard after all.
In fact, these grants don’t have to be repaid whatsoever, and all of the VHDA’s mortgages have 30-year terms with a fixed interest rate.
Going FSBO, otherwise pronounced as “fis-bo,” has pros and cons that are often overlooked. Selling your house is going to be a heck of a lot more work than you think. It also doesn’t help that the internet seems to make some of us believe we can do anything ourselves. Hence, potentially causing your solo effort to end with costly mistakes and deep remorse.