Many home buyers and sellers are not aware that after an offer is made on a home, the mortgage lender will require an appraisal of the home before a mortgage commitment is provided.
The purpose of the appraisal is to assure the mortgage lender that the house is worth what…Read More
Filed under Buying a home on Sep 20,2022 | Tagged in: buying a home, home appraisal, home buying advice
If you’re thinking of buying a home, be sure to look beyond the selling price in determining how much home you can really afford. That’s because there are hidden costs to purchasing and owning a home, and those costs can add significantly to your budget.
Realtor.com points out that transactional…Read More
Filed under Buying a home on Nov 05,2021 | Tagged in: buying a home, home buying, home buying advice, home hidden costs, homeownership
If you’re looking to buy a home right now, you know how tough it is out there. The combination of pent-up demand and low housing inventory has created a seller’s market and higher prices. Open houses and showings are crowded with buyers ready to engage in bidding wars. So, how…Read More
Filed under Home Buyers on Jul 15,2020 | Tagged in: experienced real estate agent, home buying, home buying advice
The decision to sell your home might be an easy one — especially if you’re moving to a new Sal Paone Builders home! What you might find difficult is deciding to take a prospective buyer’s offer. That’s because agreeing on a sale price is often just a starting point for…Read More
Filed under Buying a home on Oct 02,2019 | Tagged in: home buying, home buying advice, Sal Paone Builders, Washington Post
Buying a first home involves plenty of anticipation and stress. It also offers lessons you’ll only learn after going through the process.
To help newbies navigate through their own first-time home buying experience, Realtor.com offers “What I Wish I Had Known Before Buying My First Home.” The article highlights a…Read More
Filed under Buying a home on Aug 21,2019 | Tagged in: buying a home, first time home buyers, first time homebuyer, first time homebuyers Montgomery County, home buying advice
With today’s easy access to virtually everything through the internet, it might seem that buying a home is something you could do on your own. After all, thousands of listings are at your fingertips, along with expert advice on everything from home inspections to community safety ratings.
The question is:…Read More
Filed under Home Buyers, Home Tips, Renovations on Sep 21,2017 | Tagged in: 2017 homebuyers, buying a home, diy, home buying, home buying advice, home diy
In honor of Leap Year, here’s some great advice from the Pinnacle Group for “looking before you leap” when buying a home. They offer four items to consider carefully, so you won’t be buying into future problems. Red flags can include zoning issues related to a vacant lot near your…Read More
Filed under Home Buyers on Feb 24,2016 | Tagged in: buying a home, home buying, home buying advice