You’ve made the decision to move, and you cannot wait to live in your new house. But now you are faced with the decision of what kind of house you want to buy, and this goes beyond deciding if you want to live in a Cape, Ranch or Colonial. What you need to decide is if you want a “new to you” house, a house that is new construction, or a move-in ready house. It is important to know the difference and what each has to offer.
When you make the decision to buy a new house, you know you have a lot of work ahead of you. There is paperwork to be done to get preapproved, you need to find a real estate agent, you need to decide what you’re looking for and where you want to live. All of this stuff that needs to be done is time consuming, even when you’re just moving locally. But what about when you’re moving long distance? These tasks can start to feel overwhelming, and maybe even completely impossible. While we understand it will not necessarily be easy, it is doable, and in fact is done quite often. In order to be successful in your long-distance (aka remote) purchase, we’ve provided some tips to follow to make you endeavor much easier.
Though most people probably agree it is not the ideal time to buy a home, home shopping in the winter can lead to some great opportunities. You might find yourself in a position where you need to move during the winter (new job, losing your current rental, family illness), or perhaps winter is the only time you can really fit home shopping, and all of the glorious activities that go along with buying a new home, into your family’s busy schedule. Whatever the reason, we have outlined what you should know about winter home hunting and buying.
Both new and existing home owners sometimes take for granted that their home is safe. Life gets busy, and let’s face it, sometimes we are running around so much that the things that are out of sight (and smell), are literally pushed aside or forgotten. Here we outline aspects of your home itself and things in your home to consider a little more carefully to be sure you have a safe haven for you and your family.
Renting instead of Buying. Plain and simple, renting an apartment or a house will not build equity. Your payments are not providing any financial benefit to you. Once you know you are ready to take the step into home-ownership and you are financially prepared to do so, do not procrastinate. Even if you know you might be moving or know you will eventually want a larger or newer home, buying a house now just might prove to be a sound financial investment. If you can find a home at a decent price or a home that needs a bit a work that you are not afraid to tackle, the equity you build up has the potential to provide a much-needed down payment on a home you can plan your future in.