Hunting for your new home can be a confusing process. There are countless factors you need to take into account to ensure your new location fits your family's lifestyle and preferences. In their excitement, first-time home buyers can easily overlook some essential points about their potential property. When you're searching for your new residence, ask these questions to get exactly what you're looking for. Am I Financially Ready For A New Home Purchase? It takes more than money to find the right … [Read more...]
5 Financial Terms Every Real Estate Investor Should Know
The success of your real estate ventures depends on your ability to navigate the financial world. Learn these terms to make it easier to understand what's going on with your real estate investments. Cash Flow Contrary to popular belief, cash flow isn't just the amount of liquid assets you have available. Your cash and unused lines of credit are an essential indicator of your ability to complete projects and pay the cost of ongoing operations. However, these factors don't tell the whole financial … [Read more...]
Down Payment Money Saving Mistakes
Are you saving up money for a down payment? Saving money to put down on a home is always a smart idea, but there are right ways and wrong ways to go about it. Understanding how to best save for a down payment will go a long way toward ensuring you're ready when you finally find the house of your dreams. Here are four down payment money saving mistakes to avoid. 1. Not Saving Enough It's very admirable to have a goal of saving exactly 20% for a down payment. However, this is a common mistake new … [Read more...]
5 Simple Tips To Make Your Home Showings Easier
Your real estate agent will likely give you 24 hours' notice before bringing over interested buyers to see your home. Sometimes eager buyers may request less of an advance, or even ask for a last minute showing. Since you're eager to be accommodating, you may agree to consider such requests. Whether you have 24 hours to prepare for a showing or 15 minutes, these tips will make showings easier for your family. Keep The Family Pet Carrier By The Door Real estate agents advise not leaving your … [Read more...]
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