Tag: Home Buying

Posted on 11/21/2022
How long does it take to buy a house? 2 Ways to speed up the process
If you’re interested in purchasing property, you might be wondering, “how long does it take to buy a house?” Home buying is a lengthy process even when everything goes smoothly, and can easily become longer and more complicated with every potential hiccup. To help you better prepare for the process and save time, here are some key tips...
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Posted on 08/22/2022
Home Inspection Contingency 101
In real estate, a contingency is any clause in the purchase offer that gives the buyer a way to back out if certain requirements aren’t met. There are many types of contingencies used in home sales all covering different circumstances to protect the buyer’s best interest. The most common type of contingency is a home inspection contingency, which...
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Posted on 08/15/2022
Advantages and Disadvantages of Buying a Forever Home
For many prospective homebuyers, the thought of waiting for a forever home instead of a starter home can be tempting. After all, there are plenty of advantages to patience and careful saving until you can afford or find the house that’s perfect for you and your future plans. However, there are downsides to consider. Here we’ll go over...
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Posted on 08/08/2022
Benefits & Disadvantages to Higher Down Payments Homebuyers Should Consider
Buying a home requires extensive financial planning. While the widely accepted standard for down payments has been 20% of the purchase price for decades, many are wondering if that’s still required. In reality, there are ways to qualify for a mortgage with less than 20% down payment—even some options without a down payment at all. However, there are...
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Posted on 06/27/2022
Understanding Real Estate Contingency Types
In a home sale, there are many types of contingencies that might appear in the purchase contract. These special clauses provide ways for the buyer to back out of the sale if various conditions aren’t met. All contingencies are there to protect the buyer rather than the seller, but are usually up for negotiation depending on contract terms....
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Posted on 04/20/2020
House-Hunting for Extended-Family Households
Photo by cottonbro from Pexels Multi-generational homes have grown in popularity as the benefits of communal living become more recognized and celebrated. If you are searching for a home to share with both your children and parents, there are many options open to you. Single-family home with apartment: Some single-family homes have been built or renovated to include...
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