The process to search for and buy a home is filled with decisions, preparation, and making sure you have all the right paperwork in order. In addition to getting all your financing and making a competitive offer on a home, you can look for benefits in a home that fit your circumstances to bring you added value. Here are some additional benefits and bonuses to look for in the next home you choose to buy and move into.
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As people reach the age of retirement, they often begin thinking about transitioning from the homes they lived in all their adult lives to homes that would be better suitable for living in their retired years and senior years. Two of the options many people evaluate at this time include senior housing communities and active 55-plus living communities. If you are thinking about making a move like this, there are several things to know about the differences in these types of communities.
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Buying a home, in recent years, has been difficult for many people. For a while, it might have been due to the home prices being higher than ever before. But, in recent years, investors have been buying up many of the single-family homes and renting them or tearing them down for space to build building condos or multi-family homes.
How can you win a bidding war against an investor for a single-family home?
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It's easy to get caught up in the excitement of a home purchase. After months of searching (and perhaps a few disappointments), your offer was accepted and your lending is about to be approved. Your financial obligations don't end with the down payment and a loan approval, however. If you don't take buyer closing costs into consideration, you could end up delaying the closing and the entire deal could fall apart.
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Real estate issues can provide plenty of opportunities for making mistakes and general confusion. If you are first-time home-buyer, it can seem like you've entered a whole new world of strange terms and complex financial formulas. Rest easy and read the below information that might help clear up some of your more pressing questions.
What Is the MLS?
Agents use the multiple listing service (MLS) as a resource for all properties that are in any stage of existence.
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