If you’re buying a home in a hot housing market with frenzied bidding wars, you’re going to want to stay competitive.
Your real estate agent can help you create the best strategy for submitting winning offers in your market.
Meantime, here are some general guidelines you can consider:
You’ve made up your mind: The kitchen — or some other area of your home — needs a makeover. Now the question is, should you do the work yourself or hire a contractor?
If you’re looking at homes for sale, it might be worth adding some newly built houses to your list. There are plenty of good reasons — financial and lifestyle — that a new home could be the right home, and here are some of them.
Wondering what to do with your tax refund? Consider putting the money to good use by investing it in your home.
Here are a few relatively inexpensive home improvement ideas most people don’t think of right away — yet ones that may quickly boost the look and value of your house.
Most people interested in buying a home have come across, at one time or another, property advertised for sale “as-is.” Here are a few guidelines to help you decide whether considering such a home is right for you.
If you’re considering buying a home, especially as a first-time buyer, it’s important to take a close look at your finances before you start shopping.
Start with the 28/36 rule. Many lenders use it to determine credit eligibility.
What Makes a Market Good for First-time Homebuyers?
Maybe you can’t relocate to the markets in the new “Top 10 Markets for First-time Homebuyers” list from Realtor.com (although you might already be in one of them!), but the metrics used by Realtor.com to compile the list gives great hints of what to think about if you’re considering buying a home in your current area.
By Dorota Wright-O’Neill, RE/MAX Editor
We thought we had it all planned out.
Ready to downsize, my husband and I put our lovely, old, equity-rich home on the market. The idea was to sell high (isn’t it always?) and buy low (ditto). It would be an adventure, we thought.
We certainly were right on that account.
What we underestimated was the market. It’s competitive. It’s fast. It’s great for sellers but a challenge for buyers.
By Deborah Kearns, RE/MAX Senior Editor
When we bought our first home back in 2008, we were thrilled to learn we’d get a $7,500 tax credit as first-time homebuyers. At the time, housing was struggling and lawmakers and housing industry leaders alike touted the tax credits as a way to breathe life back into home sales. It was a great boost!