Home Buyer Advantage Starts Now If you’ve been aching to buy a home but haven’t been able to seal the deal— we feel your pain. After all, pent-up demand left over from tight supply over the past two years, against the backdrop of mortgage rates remaining near three-year lows, combined with continued low inventory levels and fewer homes for sale […]
Tag Archives: for buyers
Interpreting Foundation Cracks
Houses, no matter their age, will shift and settle over time resulting in cracks. Cracks may appear in either finishes or structural components. Though they usually have no structural significance, it’s worth some detective work to help homeowners understand the difference between different types of foundation cracks. Here are some visual guidelines: Shrinkage Cracks Concrete […]
Self-Employed? Keys to Getting Approved for a Mortgage and Buying a Home
If you’re self-employed your office might be a built-in desk in the corner of a spare bedroom, a downtown co-working space, or the front seat of your car. The Bureau of Labor Statistics reports there are 15 million self-employed workers in America living the dream, being their own boss. Sure, it can be a struggle, […]
Common Title Problems that Can Impact Your Home Closing
In almost all real estate transactions, there are title issues that must be cleared up in order to transfer ownership of the home from the seller to the buyer. Does the seller have the legal right to sell the property? Is the home’s title free of “clouds” or “defects” — such as judgments, liens or […]
4 Common Moving Scams and How to Avoid Them
Every year, thousands of people—fall victim to moving fraud, according to the Protect Your Move campaign by the Federal Motor Carrier Safety Administration. We know what you’re thinking… As if it wasn’t already stressful enough to pack up all your worldly belongings and hire a group of (impressively strong) total strangers to cart them from one […]
Should You Buy a Home Together Before or After the Wedding?
Engaged couples are often bombarded with choices — from color schemes to seating arrangements to cake flavors. One choice, perhaps the most daunting one is whether to buy a house before or after the marriage. Marital status is not the most important factor couples should consider when deciding when they should buy a home. Instead, […]
Mortgage Rates: Expected to Rise but Steady For Now
Mortgage rates held near their recent lows this week, with 30-year, fixed-rate loans averaging 3.59%. Last week, the average rate was 3.58%. A year ago it was 3.65%, according to Freddie Mac. Policymakers at the Fed raised short-term interest rates in December, causing people to worry that mortgage rates would rise, too. Thus far they […]
What Buyers and Sellers Need to Know About the Current Housing Market
Low inventory levels are a defining characteristic of the current housing market. While it is not a universal condition, a low inventory of homes on the market seems to be prevalent in many desirable areas including right here in Columbus. As you’ve probably heard the real estate market is thriving and in fact activity has sky rocketed! In […]
Tips to Buying a New Home
Buying a new home entails an entirely different set of issues than buying a pre-owned (existing) home. You have access to more information on the building materials and systems than you do on existing construction and as a subsequent buyer, but unknowns lurk, including: What will the completed neighborhood look like? Will it include all […]
Consider the Breakeven Horizon When Evaluating the Rent/Buy Equation
With spring comes change. Time to change your wardrobe, your flower beds and, potentially, the way you live and your housing situation. As the home shopping season heats up, we’re again compelled to tackle the classic housing question: To buy or to rent? The decision whether to buy a home is difficult. It’s not just […]