Tag: Homebuyers

Posted on 06/19/2022
4 Contingencies for Homebuyers to Know
In a home sale, there are many types of contingencies that might appear in the purchase contract. These special clauses provide ways for the buyer to back out of the sale if various conditions aren’t met. All contingencies are there to protect the buyer rather than the seller, but are usually up for negotiation depending on contract terms....
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Posted on 12/26/2021
Advantages and Disadvantages of Buying a Forever Home
For many prospective homebuyers, the thought of waiting for a forever home instead of a starter home can be tempting. After all, there are plenty of advantages to patience and careful saving until you can afford or find the house that’s perfect for you and your future plans. However, there are downsides to consider. Here we’ll go over...
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Posted on 07/18/2021
How Does a Balloon Mortgage Work?
Image by Jojje from Shutterstock Many people own homes through a mortgage agreement. Traditional mortgages are primarily fully amortized or gradually paid off with regular payments over the lifetime of the loan. Each payment contributes to both the principal and the interest. A balloon mortgage is a short-term home loan with fixed-rate monthly payments that only take care...
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Posted on 10/20/2019
Get to Know Your Neighbors
There's a lot of excitement when buying a first home. One of the most important things to look into that doesn't necessarily come naturally to most, is knowing your neighbors. In today's society and culture, people are reluctant to form relationships. Technology has played a role in the detriment, but on the flip side, it has enhanced the...
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Posted on 07/14/2019
Benefits of Purchasing a Prefabricated Home
The multitude of construction options on the market does not make it easy for you to make the right choice for your family. The various models of prefabricated houses seem to become more and more popular in the real estate market. When you search for your next home, you may have heard about prefabricated homes, but what exactly...
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Posted on 06/30/2019
Factors to Consider When Choosing a Home to Buy
If you want to buy a home, the chances are that you are either buying it for a lifestyle upgrade, for business, as an investment, or for family use. Having decided to purchase the home of your choice, one of the significant decisions you have to make is to determine where you want to live. The location of...
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