Category: First Time Home Buyers

Is a Short Sale a Good Opportunity for a Home Buyer?



August 5, 2010When you hear about real estate these days, these terms come up often: “short sale” and “foreclosure.”  For the potential home buyer, these phrases can evoke both interest and fear.  Interest because it sounds like the potential for a great deal, and fear because of the potential to end up in the same boat. But what is a short sale? Is it an opportunity for a good investment?  Is it...

Can You Save Money By Not Using A Real Estate Agent?



July 27, 2010For some, convenience, advice, and peace of mind that a professional will correctly finish the job is more important than saving money. Others will go with the cheapest option, no matter what will be sacrificed. Whether you value time, money, convenience, or experience, you will be best suited by working with an agent. For me, I take this type of question very seriously. I do not carelessly...

Buyers Beware of the Home Stager



July 23, 2010I was reading today about a favorite trick of real estate agents, "home staging." In case you are not familiar with the concept, the idea is to make the house more appealing to buyers by preparing a home for viewing. For example, sometimes having a million dusty nick nacks all over the place can detract from the beauty of the home, and reduce its appeal to buyers. The home stager is advertising...

How to Choose a Buyers Agent



July 21, 2010Buying a home is probably the biggest investment I’ll ever make, and that’s true for most people.   This is not something to take lightly. I hate to say it, but I will- there are some bad agents out there.  Agents with good intentions and little experience, agents with bad intentions and lots of experience, and probably even some agents with bad intentions and no experience.  But,...

The Home Search: Experience vs. Online Tools



July 18, 2010I was just sitting down to write about why online home searches can give an incomplete picture.  Since I haven’t been home searching in a while, I went back to my old friend Zillow to look at the home we almost purchased.  One feature I really loved on Zillow is that it gives the transaction history from public record, so you can see how much the current owners bought it for, etc.  This...

Top Three Reasons It is a Great Time to Buy . . . For Me



July 9, 2010I was going to write a blog explaining why it is a great time to buy, in general.  But, given the times we are in, it is a little bit difficult to make blanket statements like that.  I think we all might have a new appreciation for the complexities of real estate, and the good old value of the dollar.  I don’t think many people are in the business of spending money on a whim right now,...

How Our Buyer’s Agent Saved us Money.



July 5, 2010Does working with an experienced buyer’s agent pay off? For us it did.  Our agent’s experience and knowledge steered us away from buying a home that was not at a good value. We also saw the negative impact that the seller’s agent may have had on the seller. Timely responses are critical. We had made an offer on a home that was listed for $220,000 of $205,000.  The seller’s agent did...