Buyer Tips
Buyers Gain $50,000 in Equity on a New House Purchase
Let's begin the new year with a success story that started one year ago. My clients, Brian and Brandon, have been renting an apartment for the past five years. Every month they put money aside to save for the down payment to buy and own a home. 2021 was supposed to be...
How You Can Own an Epic Second Home for 1/8 of the Cost
If you’ve dreamed of owning a second home, you’re not alone — interest in second homes has been rising during the pandemic. Unfortunately, the cost and responsibility of maintaining a second home puts ownership beyond the reach of most would-be buyers. Your second...
How Much Risk Should You Take to Win a Bidding War?
A few days ago, this article on the front page of the Wall Street Journal caught my attention. All over the US homes have been selling quickly. In many cases it took less than a week from list to contract. It has become increasingly difficult to compete in this hot...
Are Builder’s Incentives Coming Back?
I spoke with a few builder's reps in the past couple of weeks and was surprised to find that they are offering incentives again. Incentives are limited to select subdivisions and not publicized on their web pages. They probably won't last. However, now is the best...
Scary Hidden Costs that could Double Your Monthly Mortgage Payments
Unexpected expenses and costs are scary. This makes it the perfect topic for today on Halloween Sunday. I want to alert you of hidden charges and costs that could substantially increase your monthly payments when you buy a new house. When real estate websites show...
3 Strategies to Buy a Home Without Competition Before the End of 2021
A few weeks ago, I mentioned that October is the best time of the year to buy a house. The housing market has definitely settled down. The inventory is now 25% higher than a year ago, the average sales price has started to decline, and most listings take longer than a...
How a Reverse Mortgage Doubles Your Buying Power with Zero Monthly Payments
With rising property values many baby boomers have a lot of equity in their homes. If you are over 62 years old, you can use a reverse mortgage to take advantage of all that equity when you buy a new house. A reverse mortgage doubles your home buying power, it...
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