What questions should a first time home buyer ask?
There are a lot of questions when buying your first home, but sometimes new home buyers don’t know what they should be asking. Here are the seven questions to ask as a first time home buyer. How Much Can I Afford? It may seem like an obvious question, but you’d be...
How Exclusive Buyer Agents Get Paid
In real estate, when selling a home or home buying, there’s often a misunderstood and confusing part of the buying process. Who pays for the buyer’s agent? How are real estate agents paid, and where do real estate agent commissions come from? Most real estate agents...
The Pros and Cons of an Adjustable-Rate Mortgage
When you hear about savings of more than $15,000 over the course of five years with an adjustable-rate mortgage, it’s hard to ignore. With that said, before making the decision to borrow with an adjustable-rate mortgage instead of a fixed-rate mortgage, you should...
How Rising Mortgage Rates Will Affect the Home Buying Process
In 2022, the housing market has seen rising mortgage rates and home prices. This article will examine how house prices and mortgage rates impact home-buying, how rising mortgage rates will affect homebuyers, and what rising interest rates mean for the housing market....
10 Mistakes to Avoid When Buying a House
When it comes to buying a house, it’s easy to find ways to fall in love with a property. But what about ways to avoid buying the wrong house altogether? Zillow recently reported that up to three-quarters of homebuyers in the last two years have had some regrets about...
Home Buying Report Winter 2022
Many consumers know that the off-season is typically the best season for bargain shopping. In most US markets, the off-season for home buying is the winter, particularly during the holidays and in the first quarter of the new year. However, winter home buying creates...
Before House Hunting, Choose Your Attorney and Inspector
We recommend that house hunters choose an attorney and an inspector -- and a back-up for each -- early in the house hunting process. That way, when you find a house and start making an offer, you are not scrambling to interview attorneys and inspectors during a busy...
Don’t Skip the Home Inspection
A few months ago, my clients and I attended an almost perfect home inspection. They were purchasing a classic 1940s Cape Cod that had been meticulously maintained. The only issue the home inspector found was a loose faucet in one of the bathrooms. Most home...
Icicles may be pretty to look at, but they can do considerable damage to your home’s exterior by tearing off gutters, loosening shingles and causing water to back up and leak on the interior. When that happens, the results aren’t pretty: peeling paint, warped floors,...
Moving from New York? Chicago will put you in a New York frame of mind.
The decision to move has been made, maybe for a job transfer, family obligation or something in between…Whether a native or transplant, you have grown to love the neighborhood and all the city has to offer, so even getting to this point might not be easy. Finding an...
Keep Your Head Above Water: How to Check a House for Water Problems
Looking to buy a home and want to check if a house has water problems? Use your nose! This sounds silly but trust me, in some cases your nose will be just as important as your eyes when searching for water damage. Whenever my clients and I enter a basement I will...
What is a post settlement occupancy agreement?
A post settlement occupancy agreement happens when sellers and buyers agree to allow the seller to stay in the house after settlement. This can happen for a variety of reasons. Sometimes, sellers need to stay in a home to finish out the school year. Other times they...