Buyers

Found 54 blog entries about Buyers.

Side gigs or roomies can help shave years off your debt. Lenders like that.

There’s finally proof to what we’ve all long suspected — that student loan debt is delaying first-time home ownership. In fact, a recent study from the NATIONAL ASSOCIATION OF REALTORS® and the nonprofit American Student Assistance, reveals that this debt can delay home ownership for 7 years (or more).

Perhaps even more concerning is that more than 50% of respondents are paying off over $40,000 in balances, with some owing more than they earn in a year.

So, how can first-time homebuyers break into the market against such tough circumstances? There’s really only one answer: prioritizing student loan repayment above everything else. Not only will repaying balances save

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Whether you’re buying or selling, it’s important to choose representation that meets your needs in the transaction.

You have choices when selecting representation in a real estate transaction. Here are five tips for understanding which type of legal relationship with a real estate professional, called an agency relationship, will best protect you when you buy or sell a home.

1. Buyer’s Agency

When you’re buying a home, you can hire an agent who represents only you, called an exclusive buyer’s representative or agent. A buyer’s agent works in your best interest and owes you a fiduciary duty. You can pay your buyer’s agent yourself, or ask the seller, or the seller’s agent, to pay your agent a share of their sales commission.

If you’re selling

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Magic 8 ball says yes. Here’s what to know to itemize tax deductions as a homeowner.

Taxes? Gross! Who wants to think about government paperwork, especially when your hand still aches from signing the 977 forms required to buy your first house? But listen up: As a new homeowner, you can typically wave bye-bye to the 1040-EZ form and say hi to itemizing your deductions on Schedule A.

That means you can combine the thousands you’re now paying in mortgage interest and property taxes with what you’re already paying in state and local income taxes. And bam! Suddenly, you’ve got more to deduct than the $6,300 standard deduction.

For recent first-time homeowners Ben and Stephanie Liddiard, buying a rambler in Layton, Utah, led to tax savings that

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Why now’s the perfect time to replace appliances.

The temps are starting to drop; the smell of wood smoke is in the air. Temps are more chilly than warm. That’s when veteran homeowners know it’s time to do these six things if they want to avoid grief or overspending:

#1 Buy Appliances

Whisper to them. Do a rain dance. Whatever it takes to get your old appliances to wait until fall to go on the fritz. Manufacturers bring out their latest models during the fall, and store owners offer big sales on appliances they want to move out — like last year’s most popular dishwasher. So September, October, and November are great months to buy.

But October is right in the middle — when there’s still plenty of selection, and retailers might be more willing

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What you really need to know about buying — from the people who house hunt for a living.

One house you’re looking at has the wraparound porch you’ve fantasized about, but it’s on a high-traffic street. The condo you like has a doorman in the lobby (you can order online now!), but it has no dedicated parking. What to choose?

It’s not every day that you buy a home and make decisions about the next three, five, or 10 years of your life. Since you can’t exactly take a home on a test drive, how do you decide? That got us to thinking about real estate pros. When they’ve seen practically everything on the market, how do they choose?

Four pros who’ve seen it all share their advice and their stories of hunting for just the right home.

Compromise for

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Keep your emotions in check and your eyes on the goal, and you’ll pay less when purchasing a home.

Buying a home can be emotional, but negotiating the price shouldn’t be. The key to saving money when purchasing a home is sticking to a plan during the turbulence of high-stakes negotiations. A real estate agent who represents you can guide you and offer you advice, but you are the one who must make the final decision during each round of offers and counter offers.

Here are six tips for negotiating the best price on a home.

1. Get Prequalified for a Mortgage

Getting prequalified for a mortgage proves to sellers that you’re serious about buying and capable of affording their home. That will push you to the head of the pack when sellers choose

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The Las Cruces Real Estate Market is GREAT AND GETTING EVEN BETTER EVERYDAY!

The question REALTORS get asked many times every day is “How is the Market?” 

Well It is August 2017 and the Las Cruces Real Estate Market is GREAT AND GETTING EVEN BETTER EVERYDAY.

What you need to know is that:

#1

The inventory of homes available is at an appropriate level and has been stable for the 18 months which is good for both home buyers and home sellers.

#2

Interest rates are currently near their all time lowest levels. We anticipate that later in the year the Federal Reserve will be increasing interest rates.

So, again the times are currently ideal for Home financing. This benefits the buyer borrower – financing results in lower monthly

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These common improvements won’t help make your small rooms seem bigger. Just the opposite.

The moment you walked into that adorable bungalow, you knew it was “The One.” It wrapped its cozy, snug-as-a-bug feeling around you and practically whispered, “Buy me.”

So you did!

Now you’re ready to make your dream-home Pins happen for real.

But, as a small-home owner, be cautious. Follow the wrong inspirational trend, and you could end up designing a too-teeny-to-be-comfy space.

#1 Ceiling Lights

That’s because overhead lighting (including recessed lighting) illuminates the room — emphasizing its size. And when you don’t want to emphasize a room’s size (we’re looking at you, tiny living room), it’s better to break it up into individually lit

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How you manage your home ownership finances affects your credit score—and your ability to refinance later.

\Your credit score affects how much you’ll pay for a mortgage or refinance—or even if you can get one at all. Master the six ways to manage home-related spending to keep your credit score braggingly high.

1. Postpone that refinance until your credit is squeaky clean.

Even a small blemish on a credit report can cost you at closing. Money expert Denise Winston found that out firsthand: Her husband hadn’t paid a $40 pager charge. The unpaid bill was turned over to a collection agency and ended up damaging his credit score.

Because of that one small unpaid bill, the interest rate on the couple’s mortgage was 0.25% higher than if he’d had a

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6 things to start doing now to protect your dream-home funds

You finally found it: the two-story bungalow in the trendy part of town you’ve been eyeing for years – the one with the best coffee shop (hello, foamy latte) and favorite farmer’s market. You made your best offer (they accepted!)and now you’re about to close on your dream home.

Then just before closing, an email from your real estate agent pops up, claiming a last-minute change to the money-wiring instructions. You wire the funds. But the money never makes it to the bank. Turns out that email wasn’t from your agent – but a hacker. You got spoofed.

Unfortunately these days, enterprising hackers are busy tricking homeowners into sending them their hard-won down payment.

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