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Vanguard Realty Associates

Vanguard Realty Associates

Home Buyers

HOA Pros and Cons

Buying a home that is part of a Homeowner’s Association (HOA) might be perfect for some buyers – but not so great for others. Whether the HOA is for a single-home community or a townhouse or condo community, there are definite pros and cons. This article from Homelight offers details…Read More

Filed under Home Buyers on May 24,2022 | Tagged in: , ,

Appraisal Gap Strategies

In today’s housing market, homes often sell for more than their appraised value. When this occurs an “appraisal gap”  often results, creating mortgage issues for the buyers.  That’s because a bank typically only lends funds based on the appraised value. So, for example, if you agree to buy a home…Read More

Filed under Home Buyers on May 10,2022 | Tagged in: , ,

Flipping Pros and Cons

In today’s hot real estate market, you may be tempted to try house flipping. That’s the practice of buying a home in need of repair, renovating it, then selling it for a profit. You may have dreams of an exorbitant profit, considering that today’s buyers are often paying higher prices…Read More

Filed under Home Buyers on Jan 27,2022 | Tagged in: ,

How to Stress Less When Buying a Home

The home buying process can cause a lot of stress and anxiety – especially now when prices are high and competition is fierce. It’s a huge financial investment, and there are a host of lifestyle decisions to be made involving neighborhoods, schools, commute times, neighborhood crime and much more. According…Read More

Filed under Home Buyers on Jan 06,2022 | Tagged in: ,

Lake House Logic

Summer vacations by a tranquil lake are a dream many of us enjoy for just a week at a time.  If you’ve considered making a lakeside home a permanent reality, look before you leap.  There are a number of important considerations when choosing the perfect lakeside paradise.  Realtor.com offers 9…Read More

Filed under Home Buyers on Sep 21,2021 | Tagged in: , ,

Don’t Write That Letter!

Home buyers often try to win a bidding war by writing a heartfelt letter to the seller, painting a picture of who they are and how they’ll cherish the home.  Some buyers go even further, creating videos and polished presentations.  But, according to this article from CNN Business, the letter…Read More

Filed under Home Buyers on Aug 17,2021 | Tagged in: , ,

Multigenerational Homes are Trending

An old idea is now new again, thanks to COVID.  It’s the concept of multiple generations of a family all living under one roof.  In days gone by, it was common for older parents to live with their children. Today, it’s more likely that an older person would continue to…Read More

Filed under Home Buyers on Aug 03,2021 | Tagged in: , , ,

The Spring Selling Season is HOT!

With so much pent up demand, and a low inventory of housing stock, this year’s buyers should expect another highly competitive season, according to Michele Lerner writing for the Washington Post. Nationally, the number of homes for sale was down by 48.6 percent in February, compared to the same period…Read More

Filed under Home Buyers, Selling a home on Apr 22,2021 | Tagged in: ,

Home Sales Highest in 14 Years

While the pandemic has kept people at home, it has also encouraged people to sell their homes.  In 2020, sales of existing homes rose to the highest pace in 14 years, according to Martin Crutsinger writing for the Associated Press. Sales have been boosted by Americans locked down by COVID-19,…Read More

Filed under Facts, Home Buyers on Feb 17,2021 | Tagged in: , , ,

First-Time Buyer Video Series

If you’re considering buying your first home, there’s a new video series to add to you watch list. Produced by the National Association of Realtors, the eight-episode series is not your typical how-to tutorial.  Instead, the series is produced in the style of House Hunters and other popular tv shows. …Read More

Filed under Home Buyers on Jan 06,2021 | Tagged in: , , , ,

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