Buyers

Buyers What Does DOM Mean in Real Estate? As you start searching for homes, you’ll likely come across different terms that describe the status of different listings. One term, “Days on Market” (DOM), can play a role in your strategy for making an offer. Knowing what this term means will help to inform your discussions with your agent as you go about finding the […]
Buyers What Is a Pre-Listing Inspection? A lot of information comes at you during the house hunting process. As you search for a home, you’ll likely come across the term “pre-listing inspection” here and there. It can be confusing, especially if you’re buying a home for the first time. So, what is this special report and why is it only found in […]
Buyers How to Pay for a House Buying a home is, for many people, the largest financial undertaking of their lives. So, how do the numbers work? How is the price of a property converted into a transaction? Let’s take a look at how to pay for a house by focusing on some of the major components in a real estate purchase, […]
Buyers How to Search for a Home: Buying Guide The right home is out there, you just have to find it. This may seem like an oversimplification of the home search process, especially for first-time home buyers who haven’t been through it before. But once you’ve figured out your budget and discussed your needs with your real estate agent, you’ll be off and running. Here is […]
Buyers What is the Multiple Listing Service (MLS)? In the process of buying or selling a home, you’ll frequently come across the term “MLS.” The Multiple Listing Service (MLS) is a group of regional databases of homes for sale accessible only to real estate agents and brokers. Their ability to access the MLS makes it easier for buyers to find the right home and for sellers […]
Buyers What Is an Adjustable-Rate Mortgage (ARM)? An integral part of the formula to successfully buying a home is securing the correct amount of financing. Once you’ve found the home you’d like to pursue, one of your primary tasks is exploring different loan products to see which best fits your situation. Eventually, you’ll come to a fork in the road where you’ll need […]
Buyers What Is a Homeowners Association and How Much Are HOA Fees? Becoming a homeowner comes with many responsibilities, but if the home you’re purchasing requires you to be part of a Homeowners Association (HOA), you’ll have to follow additional guidelines and pay additional fees. As you’re looking for homes, talk to your agent about whether purchasing a home that’s part of an HOA is right for you. […]
Buyers What Happens After Making an Offer on a House? Making an offer on a house feels like a reason to celebrate. You’ve applied for financing, worked with your agent to search for available listings, put in time attending open houses, and have found the place you’re ready to call home. However, celebrating at this stage in the buying process could leave you heartbroken if your offer […]
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Buyers Renting vs Buying: Which is better for you? Deciding whether to rent or buy can be a difficult decision, but with the right analysis, you can determine which is best for you. Knowing whether it’s the right time to rent or buy depends on your buying power, what you’re looking for in a home, your local market conditions, your plans for you and your household, […]
Buyers 7 Signs You’re Ready to Buy a Home Making the leap from renter to homeowner doesn’t happen overnight; it requires steady planning to put yourself in a good position to buy your first home. Prospective first-time home buyers can often feel like they’re waiting for a sign to indicate they’re ready to start making offers, when really, it’s a combination of factors. Here […]
Buyers 10 Costs Associated with Buying a Home Some expenses that come with buying a home are easier to account for than others. Knowing the costs associated with buying a home will not only help you budget accordingly but will also pinpoint which homes are truly affordable for you. In no particular order, here are ten costs you can expect to encounter when […]
Buyers Is Co-Buying Right For You? For some buyers, purchasing a home independently may be out of reach. Co-buying is an alternative approach to homeownership where two or more individuals purchase the property together and take on a joint mortgage. Get to know the benefits and drawbacks of co-buying before deciding whether it’s right for you. How Does Co-Buying Work?  Just like a […]
Buyers A Guide to Remodeling Your Bathroom There are a variety of reasons that a homeowner may decide to remodel their bathroom;  they could be looking to increase the value of their home for a future sale, they may have discovered repairs that need to be made, or perhaps they’re simply looking to maximize their enjoyment of the space. Whatever your motivation […]
Buyers Buying with Gardening in Mind Every home buyer has a list of must-have amenities that they’re just not willing to compromise on. For some, it could be an open floor plan or maybe a certain number of bedrooms. For others, that priority is a place to garden. A garden provides a place where one can nurture the earth, feel connected […]
Buyers Working with a Buyer’s Agent What is a Buyer’s Agent?   A typical real estate transaction involves a buyer’s agent representing the buyer and a listing agent representing the seller. A buyer’s agent helps the buyer identify potential homes to pursue, advises them on negotiations, and helps navigate any hurdles during the buying process. Once they are under contract, the […]
Buyers Buying with Remodeling in Mind Everyone has their own definition of a dream home. For some, they know right when they see a home that it’s perfect as is. For others, it takes remodeling to achieve their vision. Whether you’re looking for something in need of a few upgrades or a total fixer-upper, buying with the intention of remodeling comes […]
Buyers A Guide to VA Loans Image source: Shutterstock   VA loans provide a path toward homeownership for active service and veteran personnel and their families. The following serves as a guide to understanding what they are, who they are available to, and what types of loans are available to them. VA loans can be confusing, so talk with your Windermere […]
Buyers House vs. Townhouse vs. Condo Image sources: House, Townhouse, Condo: Canva — Question marks: Shutterstock Deciding between a house, townhouse, and condominium can be a difficult process. Knowing how their characteristics align with your life and goals as a homeowner will help guide you to the right choice. What differentiates houses, townhouses, and condominiums?  House:  Detached houses offer the most […]
Buyers Buying a Fixer-Upper Image Source: Shutterstock For some home buyers, a fixer-upper is their idea of a dream home. Preparing for the process comes down to creating a plan, knowing what to look for, and understanding what financing options are available.   Create a plan  Fixer-uppers require a future-oriented mindset. Knowing the magnitude of the project you and […]
Buyers WINDERMERE INSIGHTS: SECOND HOME PURCHASES ON SOME BUYERS’ MINDS With COVID-related economic stressors mounting for those in the local hospitality and tourism industries among other impacted sectors, many area residents are wondering about the sustainability of their current rent or mortgage. In conjunction with this, mortgage brokers are experiencing a deluge of refinance applications for homeowners looking to lower their monthly overhead and take […]