If you’ve never bought a home before, just thinking about it can be daunting. We know. We’ve all been first time home buyers before. It is important to know what you are getting yourself into before you make the decision to purchase, so here are 8 tips to help you get started [source of the [...]
Thinking About Buying a Home? 8 Tips To Help You Get Started
November 17th, 2011 by Lisa Oates · No Comments
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Homeownership Matters! Solid Reasons to Own a Home
February 14th, 2011 by Lisa Oates · 1 Comment
We are real estate agents and are, of course, heavily dedicated to the idea that home ownership is important. But don’t just take our word for it! Here are several solid reasons that owning a home is a great idea.
According to a recent survey done by the National Association of Realtors® (sent to 1,880 homeowners [...]
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To Rent Or To Buy? That Is The Question.
February 16th, 2010 by Lisa Oates · 1 Comment
Many first time home buyers — and even some folks who have owned in the past and are currently renting — are just unsure about whether or not they should purchase a home. It is important to weigh your options before purchasing because it is likely the largest purchase you will make in your life.
So, [...]
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How Much Money Do You Need To Purchase A House?
February 3rd, 2010 by Lisa Oates · No Comments
When first time home buyers begin thinking about purchasing a home, their first thought is usually, “Can I afford it?” or “Do I have enough money?” These are valid questions, and do need to be answered before you begin your home search.
The first step in the process of purchasing a home should be visiting with [...]
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Rehab That House With The FHA 203(k) Loan Program
January 14th, 2010 by Lisa Oates · 1 Comment
The Federal Housing Administration (FHA) has a loan program for rehabilitating homes and communities called the 203(k) Loan Program. Better known as a “Rehab Loan.” This program is meant to encourage new home ownership, rehabilitation of neighborhoods, and communities.
One advantage of this program is that “buyers can focus on the location and floorplan instead of [...]
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5 Reasons to Use an Agent When Buying a Home
December 15th, 2009 by Lisa Oates · 1 Comment
Many home buyers — especially first time home buyers — don’t know or don’t understand how using a buyer’s agent works. Buying a home can be a confusing adventure, so it’s important to have an expert on your side, who works with buyers day in and day out, helping them navigate the purchasing process with [...]
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The $8,000 First Time Home Buyer Tax Credit Expires in 2 Months!
September 21st, 2009 by Lisa Oates · No Comments
We’ve been keeping you up to date on the $8,000 first time home buyer tax credit, and wanted to remind you that this credit expires on November 30th — that is just over 2 months away! To clarify, what we mean by “expires” is that first time home buyers — those that have not owned [...]
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Who’s Buying Real Estate… and Who’s Not
December 5th, 2008 by Lisa Oates · No Comments
The National Association of REALTORS (NAR) surveys home buyers and sellers on an annual basis, and they have published their findings for 2008. Here is a glimpse at the type of folks buying:
Married Couples: 61%
Single Women: 20%
Single Men: 10%
Unmarried Couples: 7%
Other: 2%
Compared to the past 5 surveys, first-time home buyers accounted for a larger portion [...]
Tags: Buyers · Market Trends
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Number of First-Time Home Buyers on The Rise
November 10th, 2008 by Lisa Oates · No Comments
Selling an existing home is what many folks worry about these days, knowing they probably won’t get top dollar for their listing. However, first-time home buyers do not have an existing home to worry about, so the number of sales for this group is on the rise. It only makes sense because now is a [...]
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