It dawned on me recently that buyers really need a basic overview. Especially for first-time home buyers who aren't familiar with the process.
Bear in mind that the steps in the home buying process can vary from state to state, depending on local custom. However, when you strip away all of the crap, which may or may not happen to you, there are really only 5 basic steps to buying a home.
You can do these 5 steps in any order you want.
Hire an Agent
Because I am an agent, I believe in hiring a buyer's agent first. But you don't have to if you prefer to go to open houses and look through a mumbo jumbo of homes online. Mostly, an agent will save you time.
It's about to become nighttime a whole lot earlier as Daylight Saving Time ends and numerous Americans and people across the world will get an "extra" hour of sleep as their clocks change from 2 a.m. back to 1 a.m. on Sunday. For the world of Real Estate that means an extra hour of homes sales and home appreciation, but how did we get to the whole "Spring Forward" and "Fall Back" idea anyway?
SEE: 6 Benefits Of Buying Or Selling Your Home In The Fall
The clock will change back to Standard Time which the United States will follow until March 2018 when Daylight Saving Time will kick in again.
When you change your clocks or "fall back" an hour Sunday, Nov. 5, in the U.S., you will be following Standard Time once again which this nation has been
Homeowners are increasingly turning to real estate agents for help in selling their home, as the share of for-sale-by-owner sales remains at the lowest share on record, according to National Association of REALTORS®’ 2017 Profile of Home Buyers and Sellers.
Sellers’ use of a real estate agent remained at an all-time high this year at 89 percent, according to the survey. Meanwhile, for the third consecutive year, for-sale-by-owner sales continued to be at the lowest share in the history of NAR’s survey at 8 percent.
Sellers reported mostly being satisfied with the performance of their agents, too. Eighty-eight percent of sellers surveyed indicated they were satisfied with the selling process, and 85 percent said they are likely to use their agent
As the year is coming to an end, you are still thinking whether to buy this year or wait for next year. You know you want a house, just making up your mind is difficult. Here are some thoughts that could help you decide:
1. Tax savings You can take deductions for mortgage interest, property taxes, and interest cost if you close by December 31. In the early years of your loan when you're paying off a lot of interest, these deductions can be significant.
2. Motivated sellers Sellers who are looking at buying another home are highly motivated and want to take the benefit of tax savings on their next home purchase. Just yesterday my clients and I were able to negotiate such a deal where the sellers accepted a lower bid. Even if you are not able to get the…
"Cascade Team! I am excited to start my real estate career with your company I was immediately drawn by both the positivity and drive to help agents succeed. I was born and raised in the Seattle area, graduated from Willamette University majoring in business and psychology, and am now proud to be a Lieutenant with the City of Seattle Fire Department currently serving Lake City and Wedgewood out of Station 40. My family includes my wife Kimberly who is a second grade teacher at John Hay Elementary in Queen Anne, daughter Makena age 9, and son Andrew Jilong age 5. We have lived in the Magnolia neighborhood the past 10 years and I am excited to bring my past experience of building construction and
"They have to give up their coffee three times a week."
"They need to keep their car until it's paid off and then continue to drive it for years."
"If they really want to buy a house, they need to change their lifestyle."
These are just a few of the comments overheard on a recent day as two presumably hungry mortgage professionals met over lunch within earshot of our table at a local restaurant. Curiously, they both seemed to agree that these strategies were key to turning millennials into homeowners.
The strategies don't seem out o
f line, really... unless you actually know some millennials and are in touch with how they act, who they are, what they like, what they want, and what…
After 7 years of living in Trossachs and putting on our yearly Terror At Trossachs presentation our kids are now both seniors in High School and about to head out for collage and the next great adventure in their lives. So while we’ll still hand out treats every year, 2017 will be the last production full of animatronics, live actors, and more scares than you can shake a stick at for the trick-or-treaters who venture through the Trossachs neighborhood of Sammamish.
For those kids who make it to the front door we promise FULL Sized candy bars AND plenty of scares along the path! It’s been a lot of fun watching the kids come back year after year; and chatting with those who chickened out a year before, but
Many said they could be convinced to live amongst spirits if it the price was right, or if it was in the right neighborhood.
With inventories so tight, many consumers say they’re even willing to live in a haunted house.
Thirty-three percent of more than 1,000 consumers recently surveyed say they’re willing to live in a haunted house, and another 25 percent said they’d consider it, according to a newly released survey by realtor.com®.
“Haunted houses are a popular attraction this time of year, but we wanted to see how many people would actually live in one,” says Sarah Staley, a housing expert who commented on the study’s findings. “What we found may be a sign of today’s tight housing market, or for many living in a haunted house doesn’t have