Buying

Buying When are the Negotiations Over? The primary negotiation in a home purchase takes place when the contract is agreed upon that includes the price, closing and possession.   With inventory down over 19% in the past year and multiple offers being more of the norm than the exception, the first round of negotiations can be challenging. Buyers and sellers alike feel relieved […]
Buying Become a Victim of Inflation or Benefit from It In inflationary times, currently the highest in 40 years, the purchasing power of your money diminishes each day; essentially, buying you less.  The biggest threat is to be without capital assets, like a home, that are benefiting from the increase in prices. Your money buys less gasoline now, than it did a year ago, by close […]
Buying Buying a Home…Ask for a CLUE Report People purchasing a used car have most likely heard of CARFAX vehicle history reports to help them avoid buying a car with costly hidden problems.  Less likely are buyers to know that there is a way to discover some of the repair history of homes they are interested in. Lexis Nexis C.L.U.E. (Claims Loss Underwriting Exchange) […]
Buying Coordinating the Sale and Purchase of Your Home Usually, it is easier to buy a home than to sell a home but that isn’t necessarily the case currently. In today’s market, it can be scary to sell your home before buying another because you could find yourself without a home. Most sellers will not accept a contingency on the sale of a buyer’s […]
Buying A New Opportunity for Homebuyers You may not have heard of anyone assuming an existing mortgage for over thirty years and didn’t know they were even possible any longer.  The reason is simple, it didn’t make financial sense but now that interest rates are increasing, it may be an opportunity for some homebuyers. Conventional loans added clauses to mortgages back in […]
Buying Cost of Waiting to Buy in Both Price and Interest Rates Have you ever been shopping on a website where you were looking at something that was on sale?  You were interested in it but there wasn’t a sense of urgency and maybe, you had a lot going on and didn’t get back to it for a few days.  When you did go back to the website, the […]
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