Category Archives: Home Buyers

Prepare for Your Move by Packing Like a Pro

A huge part of knowing how to prepare for a move is knowing how to pack. What do you do with all those necklaces? How do you keep those electric cables organized? Here are our best tips and hacks to prepare you for packing like a pro.

Purchase the right packing supplies

Moving is expensive enough without wasting money on supplies you don’t need. For example, you’re going to want the right kind of boxes to fit your personal items. Have a lot of books but very few hanging clothes? Buying the appropriate shape and size of boxes can make all the difference when packing up your home.

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The Ultimate Moving Checklist: Post-Move

You’ve finally got all of your belongings into your new home, but don’t lose steam now! You’re in the final stretch of your new home checklist and there’s just a couple more essentials to get through. It’s a good idea to set a daily (or weekly) goal for yourself when it comes to these final steps. Be realistic, stick to your schedule, and you’ll be settled in before you know it.

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Moving in the Summer: How to Get Through the Heat

Moving is never the most fun task in the world, and moving in the summer is no joke. But with school out, more flexible vacation time, and less extreme weather conditions, moving in the summer is often the best option. With the heat and humidity that southern summers bring, there are some things you should keep in mind when making your summertime move. Here are some of our best tips for moving in the summer and surviving the southern heat.

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Dispelling Five Common Myths Among Renters

Fallacies about the buying process keep many renters from exploring the possibility of buying a home, but savvy real estate agents know a little education can go a long way in turning many of these would-be renters into lifelong homeowners. Many renters consider home ownership out of reach, have concerns about economic uncertainty and fear of a housing downturn as reasons to sit on the sidelines, with many preferring to watch the market before making a move to buy.

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What Retirees Should Consider When Buying a Vacation Home

Owning a vacation property can enhance your life and give you the chance to retire to a location you enjoy. But it’s not something to be done without plenty of preparation and a full understanding of the benefits and disadvantages of dual property ownership. If you’re a senior, you must be especially diligent in selecting your second home.

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Are You Ready for Your First Investment Property?

Real estate investments provide the perfect vehicle for increasing your monthly cash flow, growing your net worth, and achieving financial independence.

But investing in a property is a big decision. Before you make the leap to real estate investor, you need to make sure you’re ready to handle everything that comes with that title.

Here are three questions to ask yourself to help you decide if you’re ready for your first investment property. How many of these can you say yes! to?

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Budgeting Tips for Millennials Looking to Buy a Home

Buying your first home can feel like one of adulthood’s true markers and a dream come true. For today’s millennials, however, that dream may seem daunting, especially when they consider the other financial responsibilities that people their age commonly face. Student loans, credit card debt, and a higher cost of goods are all obstacles to becoming a homeowner today.

But with planning and hard work, millennials can get on the path to buying a house of their own. Here are some expert tips for maximizing dollars and ensuring that homeownership is a reality for every generation.

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Three Steps to Improving Your Reputation with Homebuyers and Sellers

Originally published on dotloop.com.

In a competitive market, customers are looking for a specialist who can give them the advantage with cutting edge real estate knowledge and insight of a true industry expert.

You don’t need 15 years of real estate behind you to become a real estate expert. If you’re relatively new to the profession, you’ll certainly want to draw from the experience of more tenured agents. But time alone does not guarantee expertise.

Here are three top tips to help position yourself as an expert and gain the upper edge in the marketplace.

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Five Common Homebuyer Misconceptions

Buying a home is probably a lot more manageable than you think. Somewhere along the line, these crazy misconceptions have crept into the home buying conversation and made the dream of home ownership seem less attainable.  

It’s time to set the record straight. Here are five common homebuyer misconceptions and the truth about each:

1. You need to save 20 percent for the down payment before you can buy a home.

There are several ways to buy a home without a 20 percent down payment!

FHA loans are the most popular option. They allow you to buy a home with as little as 3.5 percent down.  There are also zero percent down options for special cases, like military personnel (active or veteran) or rural properties. Simply contact a lender to discuss your options. You may be closer to home ownership than you think!

Quick side note: you should also understand that your down payment won’t be your only home buying expense. You’ll need money to pay for closing costs (typically 2-5 percent of the purchase price). And you should have a little money set aside to make any urgent renovations or necessary upgrades.

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Buy-and-Hold or Fix-and-Flip…What’s the Right Investment for You?

When it comes to real estate investing, is it better to buy-and-hold or fix-and-flip? The answer depends on your investment goals, your personal preferences, and your local market. Let’s looks at each strategy and figure out which is the better fit for you.

What is Buy-and-Hold?

Buy-and-hold is when you purchase an investment property for the long-term. Most investors start with a single-family home or small multi-family property (2-4 units).

You simply find a property where the rent will exceed all your expenses (as a general rule of thumb, investors like to see the monthly rent be more than 1% of the purchase price), then find reliable renters for the property.

The rents collected will pay down your mortgage debt, pay all your investment-related expenses (like taxes, insurance, and maintenance), and put money in your pocket every month for decades to come!

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