Buying a Home

Insider tips and tactics for buying a home in a seller’s market

Buying a home(BPT) – Whether you’re a millennial looking to buy your first home or a boomer thinking about buying a home to downsize your empty nest, you’re probably aware that it’s a seller’s market out there.

Homes are selling at lightning speed, bidding wars are commonplace, buyers often have little to no room for negotiation and the price of those homes keeps rising.

But don’t worry! Just because it’s a seller’s market doesn’t mean you can’t get a good deal on the home of your dreams. Here are some insider tips and tactics from the pros at RE/MAX, LLC to help you get your slice of the American dream at a price you can afford.

Work with a full-time, experienced agent. This is critical, vital and non-negotiable. Things move so fast and offers are made within minutes of seeing a home. If you don’t have a real estate agent, you can easily be overwhelmed by this thrill ride. Your agent can help you with negotiation, serve as your champion, and can guide you through this process as a pro.

Get pre-approved with a lender. When you’re pre-approved, you’ve View full post…

Read More... 6 Comments

Home Mortgage Loan Protection

How You Can Protect Yourself Financially on a Home Mortgage Loan

A home mortgage loan by the VAMany years ago, when looking for a home mortgage, it wasn’t a difficult task. You found the home that you liked, your realtor sent you into the bank or savings and loan association that they used, and you completed the application.

A few weeks later, the lender contacted you saying you were approved and quoted you their loan terms. This too was rather cut and dry – loan amount, interest rate, monthly payment, and the number of years. A settlement was done about a month later, and that was it.

Fast forward many years to today’s market. Wow, what a change. Instead of a small number of mortgage lenders, now there are thousands – some good and some not so good. Some of the terminology used today almost requires the borrower to be a finance person or one having a legal background.

When shopping for a home mortgage today, you must protect View full post…

Read More... 6 Comments