Buying a home can be complicated when the house has already been built. Buying land with the intent to build on top of it is an even longer process. No need to stress. In this guide, we’ll walk you through seven straightforward steps for how to buy land and build a house. We’ll cover the
Buying a House
The housing market waits for nobody. If a great deal pops up in the right area, it could be gone before you have a chance to let your lease expire. But is breaking a lease to buy a house really a good idea? Or should you wait until you’re closer to the end of your
When you’re ready to buy a home, chances are you’ll need to at least consider using a real estate agent. But real estate agents perform different functions, and the jargon surrounding their names can be confusing to say the least. We’ll walk you through buyer’s agents – the type you need to help you purchase
Most of the time, when you find a property listed online, you’ll also see the listing agent’s contact information. But every now and then, you may stumble across a home listed as for sale by owner (FSBO). This means the homeowner wants to sell their home without the help of a real estate agent. Usually,
Multifamily homes have been increasing in demand. According to the National Association of Home Builders, construction of these homes exceeded 500,000 units in 2022 – the first time that’s happened since the Great Recession.[1] While that number is expected to come down in 2023, investing in a multifamily home remains a viable, potentially lucrative path
When the housing market gets competitive, people will pull out all the stops they can to win a bidding war. One tactic available to potential buyers is to wave the inspection contingency. In May of 2023, 25% of buyers waived the inspection contingency.[1] That’s a significant number, especially given how risky the move is. We’ll
Buying a home can be overwhelming, especially for first-time buyers. That’s where we come in. We’ve broken down the process into five straightforward steps, including resources to help you complete each one. As the adage goes, “How do you climb Mt. Everest? One step at a time.” 1. Organize Your Finances Your first order of
The process of buying a home can differ depending on the market conditions. In a buyer’s market, you might be able to get a home below the asking price, and there may even be seller’s concessions. You’re more likely to get into a bidding war in a seller’s market. A bidding war is defined as
If you’re looking for a new place to live, you might find yourself seeing a lot of condo or apartment listings. On the surface, these dwellings have a lot in common, and it can be hard to tell the difference from pictures alone. We’ll explain the differences and the pros and cons of each type
Can you buy a house with Bitcoin or another type of cryptocurrency? Maybe – if you’re buying a home without a mortgage loan. But if you want to finance the purchase of a home with a mortgage, you’ll usually need to rely on old-fashioned U.S. dollars. However, that doesn’t mean cryptocurrency – digital money like
If you’re looking for a house, chances are you’ll come across listings that are classified as contingent. But what does that mean? Well, the word “contingent” means something will only happen if certain conditions are met. We’ll explain what that means in practice and how prospective buyers should think about contingent homes. Defining Contingent in
One of the most challenging aspects of buying a home can be finding the right property at the right price. Buyers in search of serious bargains often turn to distressed properties to find an affordable home. And while you can get a good deal on a distressed property – where there is a reward, you’ll
If you want to purchase a home, you’ll likely find yourself perusing real estate listings. If you look at enough of them, odds are you’ll see one described as a turnkey home. But what does that mean? We’ll explain what turnkey properties are, who they’re a good fit for and the pros and cons of
If you’re considering buying a home in a rural area, there’s a good chance it will be serviced by well water instead of city water. But is well water versus city water an important factor to consider when buying a home? We’ll explain how homes supplied by well water work and outline the required upkeep.
Maybe you’ve heard the adage “most jobs aren’t advertised.” While this may not be true, the sentiment that not all opportunities are open to everyone absolutely applies to buying a new home. Plenty of homes are sold without ever being listed. Pocket listings are a way for homeowners to sell their home discreetly without dealing
The final walkthrough is one of the last steps to buying a house. But this isn’t the time to let your guard down. You don’t own the home yet. If you’re a first-time home buyer, you might wonder what to expect and look for. We’ll go over all of that and include some tips for
A lot goes into buying a house. Considering it’s one of the biggest purchases people are likely to make in their lifetimes, it makes sense they’d want to know as much as possible going in. We’ll go over the most important things to look for, but know there’s no one-size-fits-all evaluation for houses. Some things
Buying a new home is stressful – so is selling a home. Doing them both at the same time can be overwhelming. We don’t say this to scare you, but we want to be honest about what you’re taking on. The good news is we’ve broken down buying and selling a house at the same
Buying and selling property isn’t something to be taken lightly. It’s a complicated process involving large sums of money, binding legal transactions and a lot of documentation – hence the need for real estate lawyers. Real estate attorneys are certified professionals who are licensed to practice real estate law. While commonly referred to as real
Looking to buy a home for a low price? Maybe you’re interested in renovating that home and selling it for a significant profit. If so, buying an abandoned home might be the right choice. However, buying an abandoned property comes with risk. The home you buy might need significant and costly repairs. You might be
Whether a charming neighborhood or a unique property catches your eye, there are many reasons people fall in love with historic homes. But before you put in an offer, there are some key ownership differences you should be aware of. We’ll explain what makes a home historic, the special considerations for owning one and the
House hunting can escalate quickly. From casually browsing online and falling in love with a property to seriously considering putting in an offer, it can be a shorter leap than people realize. That said, it’s still a good idea to see a house in person before making any decisions. But what do you need to
Is buying a house a good investment? The short answer is usually yes – but only if you’ve considered all the potential financial rewards and risks associated with homeownership. While buying a home can be incredibly rewarding when done right, it’s crucial to understand that the profitability of a home purchase will depend on many
When you’re home shopping, there’s a lot to consider – and see. If you’re the “dinner, then dessert” type, your priority will likely be to confirm that the homes you’re interested in have good foundations and are structurally sound. Next, you’ll dive into dessert: the aesthetics, weighing the pros and cons of the architectural styles
In life, few things are more exciting than buying your own home. The pride of homeownership is something most Americans strive for at some point in their lives. If you’re starting to explore houses on the market, there are two key factors you’ll want to keep in mind as a prospective home buyer: home prices
If you’re interested in buying a flipped home, there are a few things to consider before diving in. Knowing what to look for in a flipped house can mean the difference between buying a real-estate regret and buying a home with instant equity. This article will discuss what to look for in a flip house
Before home buyers can get to the part when the seller’s agent hands over the keys to their new home, they probably start their home buying journey with one question: Is now a good time to buy a house? While the question might look simple – the answer isn’t. From your personal goals and finances
With the COVID-19 pandemic establishing a new remote work culture, more and more professionals are pursuing the Zoom town life as remote workers – making a living working from home or elsewhere outside of an office. Thanks to the increased popularity of online meetings and virtual events, you can Zoom into work from anywhere. So
Did you know your calendar can play a role in helping you get the best purchase price for the home you want? The time of year you buy a home can impact how much you pay for it. We don’t need to tell you homes are expensive. If keeping an eagle eye on your calendar
Every investor wants to avoid being hit with a massive tax bill, and real estate investments are no exception. Investing in real estate has plenty of upsides. Steady cash flow, passive income, long-term asset appreciation and tax deductions are just a few of those benefits. It’s no wonder rental properties are such a popular type