April 6, 2007
- The Importance of Home's Exterior
The Importance of Home's Exterior
When considering a home purchase, most every homebuyer pays most of his/her attention to the interior of the house. There is no doubt that the overall look of the inside of the new house is important, but a homebuyer should also investigate the exterior of his new home.
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A homebuyer should remember [...]
April 4, 2007
- Home Price Slump Helps to Spur Sales
Home Price Slump Helps to Spur Sales
Sales of existing homes posted the biggest jump in nearly three years in February, though sellers got the gains the way Detroit automakers spur sales - by cutting prices.
The National Association of Realtors said recently that home sales rose 3.9 percent last month to an annual rate of 6.7 [...]
April 3, 2007
- Buyer's Market or Seller's Market?
Buyer's Market or Seller's Market?
In a buyer's market, there are a lot of homes on the market, and they may take a while to sell. To sell a house, the seller might need to offer a really good price, plus additional incentives such as help with financing. If you're buying a home in this type [...]
March 31, 2007
- Life Expectancy of Your Household
Life Expectancy of Your Household
Only two years ago, many buyers purchased homes without much thought about how old it was or whether it had major upgrades recently. Prices were increasing so quickly, they simply assumed that there always would be enough equity to borrow against if the roof started leaking or the bathroom needed some [...]
March 29, 2007
- Rising Consumer Confidence Boosts the Market
Rising Consumer Confidence Boosts the Market
If you're like most Americans, you're more satisfied with your job and economic situation now than you were six months ago. You're also more likely to buy a house, according to analysts who say that rising consumer confidence is painting a rosier picture for the real estate industry in [...]
March 26, 2007
- More Tips for First Time Homebuyers
More Tips for First Time Homebuyers
Outside of classes, how do you figure out the main things you need to know for the buying process? Here are some suggestions:
Consider numbers experts give you on affordability as a ceiling, not a floor. Real-estate people often say the sum of your monthly mortgage payment, homeowner's insurance and property [...]
March 25, 2007
- Don't Try to Time the Real Estate Market
Don't Try to Time the Real Estate Market
Although many economists predict that nationally, housing still has a way to go to reach bottom, you don't have to wait for that to happen to get a good deal. In fact, it's better to buy when housing is trending down than when it reaches the floor, since [...]
March 24, 2007
- Better to Buy a House Than to Pay Rent?
Better to Buy a House Than to Pay Rent?
That depends on when you buy, and how long you own. Buy at the wrong time — like during the kind of buying frenzy that much of the country has just experienced — and you could well end up wishing you had rented instead.
Boom market [...]
March 23, 2007
- Great Reasons to Buy a House Now
Great Reasons to Buy a House Now
The real estate market in the U.S. today offers great opportunities for homebuyers. People seriously considering buying a new house should decide to buy it now. Here are few reasons why the real estate market now is so attractive for homebuyers:
1. This is a buyers market.
The supply is greater than the demand. Meaning, [...]
March 22, 2007
- Questions to Ask a Home Inspector
Questions to Ask a Home Inspector
Detailed and carefully conducted home inspections are a priority before buying any property. Here are a few questions future homeowners should ask a home inspector:
“How long have you been in business and how many home inspections have you performed?”
It is recommended you hire a home inspector with substantial work experience, [...]
March 19, 2007
- Home Buying Advice by Sunverstor's
Home Buying Advice by Sunvestor's
"A Sunvestor's Guide to Owning a Great Home AND a Great Investment" offers street-smart preparation for buying the right property at the right price, while avoiding financial pitfalls along the way. The step-by-step format guides you through each phase of the process, but goes way beyond the basics.
Taking an investor's approach [...]
March 18, 2007
- Dream Homes Vary By Generation
Dream Homes Vary By Generation
What's your dream house? A marble manse stuffed with art? A swinging pad where the stereo's always thumping and the hot tub's always bubbling? A clean, well-lighted place … that also has a Viking range and a Sub-Zero fridge?
Your answer says a lot about your values and attitudes — and may [...]
March 17, 2007
- A Matter of Small Things When Buying a House
A Matter of Small Things When Buying a House
When looking for a house, the majority of the potential homebuyers usually pay more attention to the things of considerable size – big house, big rooms, big yard etc. What is usually being overlooked are the small things that can create big problems later.
One thing usually overlooked [...]
March 16, 2007
- Buying a Home - Things You Should Consider
Buying a Home - Things You Should Consider
The national average for how long people live in their homes is approximately seven to nine years. Reasons for leaving a home can vary widely, but if you purchase a home and decide to move after only a short time, you may end up paying money in order [...]
March 14, 2007
- New House or Used House?
New House or Used House?
Future homeowners, after deciding about buying a house, are usually facing another big question- whether the house should be used or should they invest into a new house?
The obvious difference between a new house and an old one is the price of the house. New houses are usually more expensive [...]
March 11, 2007
- How to Attract Potential Homebuyers
How to Attract Potential Homebuyers
Is your home ready for its close-up? An overwhelming majority of people — 80% — use the Internet when house hunting and many consider photos and virtual tours very important factors in their search. Your home's photo appeal can draw or detract online buyers. Sellers should think about including more photos [...]
March 10, 2007
- Big House Trend Will Shrink
Big House Trend Will Shrink
The "Supersize Me" era of home building might be coming to an end after a three-decade run.
The size of the average new home swelled by about 50 percent from 1973 to 2006, but this trend toward expansion will probably be ending in the next decade, according to an elite panel of [...]
March 9, 2007
- Being a Smart Buyer
Being a Smart Buyer
For the majority of homeowners, buying a house is the biggest investment of their entire lives. Therefore, the decision about buying a new home should be carefully considered, and all the details relating to the purchasing process thoroughly analyzed. Buying a house is a complicated process and understanding every detail of the [...]
March 6, 2007
- Home Improvements That Pay Their Way
Home Improvements That Pay Their Way
Homeowners pay an average of less than $1,000 a year on upgrades to their homes, and many spend less than $100 a year, a recent study found. In many cases, the improvements aren't enough to maintain their homes' current conditions.
If cash for home improvements is tight, focus on making low-cost [...]
March 2, 2007
- Homeowners - Beware of This Scam
Homeowners - Beware of This Scam
You could be victimized by a scam where someone tries to lure you into applying for a loan secured by your home.
The Federal Reserve put out that warning recently in response to questions and complaints from people about direct-mail solicitation scams that describe a "Community Reinvestment Act Program" that entitles [...]
