Transcript Episode 16: Radon Gas! What every home buyer should know about the health risks [LISTEN TO THE EPISODE HERE] Introduction 00:00 This is Listen Up Home Buyers. The only podcast offering Home Buying advice and tips from true buyer agents, and now here's your...
home buying basics
Seasons of Real Estate
Not every year is the same, but there's a pattern. First, though, I want to remind you that it takes about five weeks to close on a house, once you have an accepted offer. Here, I am talking about when you get your offer accepted, not when you close. So, for example,...
Credit Scores
If you are thinking of buying a house or condo, your credit score matters. A low score can: Cause you to be unable to get a conventional mortgage. Drive up the price of your mortgage, because you are a higher-risk borrower. Sudden changes in your credit score, after...
What is a Co-op and Should You Consider Buying One?
When you're on the market for a new home you'll have lots of housing types to choose from. One of these is the cooperative, or co-op for short. Co-ops differ from traditional housing in a lot of important ways. They won't appeal to everyone, but some are sure to see...
What Exactly Happens on Closing Day?
The day you close on your home is big day. After weeks of searching, open houses, negotiating and securing financing you're finally ready to accept the keys to your new home. But what actually happens on closing day? Most buyers know they'll be signing a lot of...
Do You Get Earnest Money Back at Closing?
Anyone who's looked into the home buying process will have come across the term "earnest money" a few times. What is it? Simply put, it's a "good faith" deposit that is paid once you've made an offer on a home. It's intended as a way to show the seller that you're...
Days on Market: What It Means and Why It Matters to Buyers
In the real estate game, you'll often hear the phrase “Days on the Market” (DOM). For home buyers, this is a crucially important term to understand. Why? Because it tells you how long a home listing has been on the market. The higher that number gets the more its...
Top 5 Home Buyer Regrets and How to Avoid Them
Whether it's your first home purchase or your fifth, buying a home always comes with a lot of emotional baggage. As your closing day draws near, that emotional baggage can start to grow. Was this really a good deal? Would you have been better off waiting for another...
5 Habits Every Successful Home Buyer Has
Every home buyer wants their purchase to be a success. What's the best way to success? It's being prepared for the road ahead. An Exclusive Buyer's Agent can definitely help make the buying process a success. In any case, buyers who take the time to prepare themselves...
How to Calculate Your Home Ownership Costs Before Buying Your First Home
Buying your first home is an exciting time but also an expensive one. While that huge down payment may be the first financial mountain to climb it's not the only one. Smart buyers also need to consider the costs after homeownership. You should consider getting an...
The Full Guide to Different Mortgage Types
Buying a home is a big moment and one of the most important aspects of that moment is deciding what type of mortgage program to go with. If this is your first home purchase, then deciding on a mortgage can be pretty intimidating. That doesn't have to be the case...
How to Determine How Much House You Can Afford
A lot goes into deciding on a home to purchase. The neighborhood, school zones, square footage, commuting time, the number of bedrooms/bathrooms are all important things to consider. However, the first crucial decision to make is your budget. It's far too easy to get...