Buyers

When looking for real estate investment properties you need to know what to look for and what makes a property a good investment. Plain and simple, Orlando real estate is not just a good investment, it is a GREAT investment if you can get your foot in the door. There are several reasons why it is the best place to buy a rental property.   Population growth Job growth Quality in renters Low real estate prices High rental rates Low property taxes The desired q...

In today’s expensive world it is difficult to buy a home, but lenders have done a lot to try and make it easier, especially for first-time homebuyers. There are some things that you need to take a look at before attempting to get a home loan because these top 10 ways can ruin your chances if you don't have your ducks in a row.   Debt   Adding new debt to your life before applying for a home loan can ruin your debt-to-income ratio and will make it difficult for a loa...

When you are looking to purchase a home, do you do all-encompassing research of the area? If you are a parent, one of your biggest concerns can be the school districts surrounding the home you are looking to purchase. However, even if you are not a parent concerned with the schools in your area, you might want to pay attention to the district ratings near the home you want to purchase because of how it affects your resale value. There are two important factors here. How does it affect the resale...

some buyers going to extremes to win the home, they might find themselves in a world of hurt later on down the line. In such a crazy seller's market is it really unheard of to offer more than the asking price? When does it make sense to offer more and when does it? Is it ever a bad idea?   This real estate market with buyers snatching up homes before they can even be listed on the MLS is unusual but not unheard of. Depending on the original cost of the home, some buyers are willing t...

Before the major impact of what's happening across the country, remote work was something for those who were very lucky and most that did it only did so one or two days a week. It was very rare to find a career in a work-from-home job. But post-pandemic shutdowns caused a large percentage of the labor force to work remotely as many companies had to make a shift to keep going while their office spaces were shut down.   For some workers, remote work has been a frustrating experience...

Getting mortgage approval is no walk in the park, even with all of the right attributes a lender wants to see, the process of final approval can be stressful. This year the process of finalizing loan approval has become more difficult. Many lenders have tightened their approval requirements as a response to uncertainty and economic shifts due to the pandemic. Though interest rates are low making homes more affordable, borrowers are finding it a little more difficult to qualify for a home ...

When on the hunt for a new home you more than likely have a list of home features that you are searching for, however, there are quite a few different features that seem to be overlooked by buyers. While hindsight is always 20/20, these few features are some of the most sought after among buyers and tend to leave homeowners kicking themselves for not looking for the features prior to closing.   Finished Basements   Not only are basements expensive to finish properly, but th...

Big repairs are generally not the first thing you think of when buying a house. While buying a house can be both an exciting and stressful experience, we often put on our blinders and try to see all the positives of each home we tour, it is important to make sure to keep an eye out for items that could potentially cost you thousands in repair bills later down the line.   #1 Siding Often something that gets overlooked, and yet can be one of the most expensive repair items, is siding...

There are innumerous theories about millennials and why they make the choices that they do. They are the first generation to have grown up with the internet, and statistics show that they are taking their time when it comes to buying their first home. One-third of millennials have returned home to live with their parents, while others have chosen to rent rather than buy. The question is whether millennials want to buy or are they are put off by the idea of being geographically and financi...

Cash is king, so they say… Until it's not. Cash can be considered king when talking about real estate or it actually could harm your purchase. Were going to discuss the pros and cons of using cash or being an all-cash buyer when purchasing Portland homes and specifically luxury real estate. Most homebuyers do purchase in all-cash but is that really the best way to go?   A jumbo loan may be in your better interests but let's discuss both the advantages and disadvantages of going with...