You’ve decided you want to take the plunge into homeownership, but there are multiple decisions you need to make before you can really even begin your home search.
Whether you’re in the market to buy a new home or you’re on the verge of listing your home for sale, finding a good realtor, one that you can relate to and feel at ease with, should be the first thing on your list of things to do. A good realtor will help pave the way to an easier, and hopefully quicker, closing.
You have found your dream home and you are now speaking with you lender about all of the additional requirements and expenses that you are responsible for. Along with inspections and permits, you find out that you need to pay for title insurance. Many people then start to question if it is actually necessary or is it just an additional fee tucked into your piles of paperwork.
You’re looking at real estate listings and you see one that says, Bitcoin Transactions Accepted. While this transaction is still far from being the “norm”, it is popping up more and more frequently. The younger generation and tech savvy population are adopting cryptocurrency as their main choice for making purchases. But there are still many buyers out there that would have absolutely no idea what that even means. Others might understand what it means, but do not have the trust in this type of financial transaction to consider this option.
You have decided to take the plunge and buy a new home…congratulations! What most people focus on when looking for a new home is if the cost of the home itself, the listing price, fits their budget. They start doing google searches and watching the realty sites to narrow the search down to homes within a certain price range. While this is certainly a logical place to start, the price alone should not be the be-all and end-all factor when considering your new home. Many other factors need to be considered in order to see the full picture of your potential new home. Here we will take a look at additional expenses that need to be considered as well as location, land, size and age.