After binge-watching reality shows where homes are bought and sold in a day, you might feel like you understand the process. Unfortunately, if you are buying your first home, you might come across a few surprises along the way. Here are two home buying myths debunked so that you don't have to worry:
1: "You get your keys the day you close."
Ah, closing day. After you finally sign that stack of papers, you might be ready to grab the keys to your new place and start moving in your furniture.
Vanessa Wallace
- Working to get a home loan can be an exciting time of life. Many people look forward to the day when they will be homeowners and have a place to call their own. However, the process of getting a mortgage has become more and more difficult over the years. The banks and brokers want to ensure that, before they take a risk on you, you are able to cover your end of the bargain, so they take you through a rigorous process.
- There's an auction for a variety of industries, and real estate of one of those industries. Smart homeowners and home flippers shop for new properties in this way, and you might be wondering if you should do the same. Read below to learn about buying your home via real estate auctions. Step One: Register For The Auction Right away, the worst mistake you can make is showing up at a realty auction without any financial or mental preparation.
- Owning a rental property is a time consuming effort. There are a lot of details to keep up with, from screening potential tenants to handling the property maintenance and rent collection. With so many things demanding your attention, it's easy to miss a detail or find yourself stressed and overwhelmed. Luckily, you can work with a property management company to handle the details for you. Here are five of the most common situations that can benefit from a property management company.
- If you wish to sell your home, you may already be planning to hire a real estate agent to help you determine the asking price and value of the property. Before you leap into showing your home, however, think about contacting some other, less obvious professionals who could play a critical role in the final success of your sale. Here are four such experts you should be talking to. 1. Home Inspectors