Vacation Home Sales Soar
According to the 2014 Investment and Vacation Home Buyers Survey by the National Association of Realtors, vacation home sales jumped dramatically in the last year or so. The survey reveals that vacation homes increased by almost 30% in 2013, their sales accounted for 13% of all real estate transactions. Meanwhile, investment home sales plummeted by […]
Should You Rent or Buy a Home?
Buying a home is one of the most sought-after goals for many people. They have been saving for years and they finally have enough money for a down payment and all of the other closing costs. But what if this doesn’t describe your situation? Would renting be better for you? In order to answer these […]
How to Determine How Much Mortgage You Can Afford
You should know your mortgage payment limits if you want your home ownership to fit within your budget. Ideally, you should have a stable financial condition before buying a home. In order to calculate how much mortgage payment you can comfortably afford, you should use the same mathematical formulas that lenders use. Here are some […]
5 Keys to Get the Best Deal in a Real Estate Transaction
Both sellers and buyers want to get the best deal in a real estate transaction. That is quite reasonable, but success can’t be yours if you do not take the right steps. All real estate transactions are unique. Sometimes the buyer wins; sometimes the seller wins. In some cases, the interests of both parties are […]
How to Come up with a Down Payment for a New Home
So you’ve found made the decision to buy a house, and now you need to get the cash together for a down payment. While it sounds easier than it actually is, you can come up with the money using discipline and other strategies. The key is to be realistic about your finances. You also want […]
