The Home Buying Process: When You Have Kids
Commute You may want to make sure that you’re reasonably close to your workplace and school, especially if you have children who are still young enough to need an assisted daily routine. Getting your kids up and ready for school can be a hassle—there’s no need to add to the stress by having an extra-long commute to your work or …
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Eliminating the Stress of Buying a Home
Find a great real estate agent Make sure your real estate agent is highly experienced, knows about homes in the area you’re looking in, and connects with you. Consider amenities and location Room size, and other aspects of a home’s interior are all factors that may affect your decision. However, just because a home meets all of your expectations in …
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Is Buying a Fixer-Upper Worth It?
- Real Estate Tips
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Encinitas real estate agent, encinitas realtor, home buying advice, home buying tips, Linda Moore, linda moore blog, Linda Moore with Coldwell Banker, real estate agent in encinitas, real estate in Encinitas, real estate tips
- October 13, 2015
Homes listed in a condition that requires extensive repairs are called “fixer-uppers” for a reason. While these types of homes are often much cheaper than the asking price of similar remodeled homes in the area, many first-time homebuyers make the mistake of taking on more than they’re able to handle, spending hundreds of thousands on making the house livable. Below …
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Essential Real Estate Terms
Listings A listing refers to any home that’s up for sale. Listings can be viewed online, and typically provide information about the home through details such as number of bedrooms, square footage, and price. Contingencies A contingency is a provision in a contract that must be fulfilled before a real estate transaction can close. There are many different types of …
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6 Things New Homeowners Always Forget to Do
1. Check the Plumbing Inspect each toilet, under-sink plumbing, faucets, and visible pipes to make sure there are no leaks. If you find any, get it fixed right away—wasted water means wasted money. 2. Find the Fuse or Breaker Box These are generally located in the basement or the garage of a house, and sometimes in the closet or laundry …
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Your Guide to Mortgage Loans
Fixed-Rate These mortgages have the same interest rates for the length of the loan, which means your monthly payment will also never change. Although this guarantees stability as payments will never raise over time, the downside is that your interest rate will also never lower with the market. Fixed-rate mortgages are available for 10, 15, 20, 25 or 30–year terms. …
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How Commission Works in Real Estate
Something to keep in mind is that sellers can negotiate the commission, but buyers cannot. It’s also tax deductible! Here’s a breakdown of exactly where that commission fee ends up: Paid by Seller When signing a listing agreement, the seller acknowledges the commission rate they will need to pay, which is typically 6 percent. This amount is generally split …
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How to Handle a Last-Minute Closing Crisis
Crisis: Misplaced loan documents Sending your loan package overnight by express mail is not guaranteed to reach the seller’s agent on time. That’s why you and your realtor should stay in constant communication with the seller’s agent to make sure they have all the documents they need before your closing appointment. Call beforehand to confirm that all paperwork is ready …
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Common Questions From 1st Time Homebuyers
Q: What does a real estate agent actually do? A: A real estate agent is essential to first-time buyers. Their most important duty is to represent you throughout the transaction, but they will also be there for you during every step of the home buying process and use their insider knowledge to help you understand it. Great realtors are responsible …
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Finding a Family-Friendly Home
If you’re a potential buyer who either already has children, or the intention of starting a family, the home search is going to look a little different for you. No need to fear—you’ll have quite a few options. Here are a few things to keep in mind when buying a home that’s kid-friendly. Function Depending on the size of your …
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