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Tag Archive | "Home Purchase"

Buy a Foreclosure: Tips on Buying Foreclosures

When you buy a foreclosure, it is not the same as buying a home on the general real estate market. Here are some tips on buying foreclosures that could get you a good home at a significantly lower price than its genuine value. Some may be sold at auction, although it is more common for […]

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Moving Home: Should You Buy First or Sell First?

When selling your home it is always best to make sure you have somewhere to live when your home sells. Sure, you might have plans to rent between selling your current home and buying your new home, but things can go wrong. Rental costs can easily eat into your deposit and cash for closing fees […]

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Paying Cash for a Home: Is it Worth Doing?

Paying cash for a home would seem to be the ideal way to purchase real estate. No mortgage, so no monthly repayments to worry about.  So why is that that those who can afford to do so often decide to take the mortgage instead? By not taking a loan you save on the interest you […]

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Find a Mortgage or Find a Property: Which First?

Should you find a mortgage or find a property first? This question is more important for first time buyers, because they have not been through the process before and are likely unsure of the procedures involved. However, it only takes a little bit of thought to answer that question yourself. It is not possible to […]

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Real Estate Purchase: Dissecting the Process of Buying a Home

Real estate purchase can be daunting to a first-time buyer, and even those fairly experienced in house purchase can find the process of buying a home a bit scary. Let’s examine the main steps involved in buying real estate and put them into perspective so that each step in the whole procedure makes sense and […]

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Cash or Mortgage: Is a Mortgage Better than Buying Outright

Cash or mortgage: which is best? Is a mortgage better than buying your home outright? On the face of it there is no question. Surely paying cash for your home, meaning buying it outright, beats taking a loan every time. You have no interest to pay and no monthly payments to make. So does the […]

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Buying an Older Home: 10 Things to Look Out For

Buying an older home can be extremely rewarding, but can also be fraught with danger. Before purchasing an older home, there are certain aspects of older homes that should be aware of. Here are some of the more important issues relating to old buildings that you might want to consider before taking the plunge. Check […]

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Real Estate Appraisal Using Home Valuation Websites

Real estate appraisal can be carried out on home valuation websites using automated valuation models (AVMs). This might seem to be an easy way to find the value of your home prior to selling it, but there are problems associated with an AVM. Just as with any software, it’s fine if your home conforms to […]

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Home Inspections: Reasons for Attending a Home Inspection

Home inspections are important to home buyers, and it is worthwhile for you to attend a home inspection when buying a home. It’s also important that you understand the difference between a home appraisal and an inspection. Here is a brief explanation of that difference: Home Appraisal The appraisal is carried out by an appraiser […]

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Square Footage of a House: How to Measure a House

The square footage of a house is important when buying or selling a property. Many people have no idea how to measure a house in square feet because there is no mandatory standard. The standard set by the American National Standards Institute (ANSI) is voluntary so you should be careful with measurements, particularly when buying […]

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