Posts with tag 'First-time buyers'

Buying an older home can be a one-of-a-kind experience. Our real estate agents understand the sentimental appeal of a home whose walls are filled with history and character. If you're thinking about purchasing older Atlanta homes for sale, there's a lot to consider. We've laid out the pros and cons to help you decide if it's worth it.

The Pros

• Charm and Craftsmanship
  These days, homes are somewhat cookie-cutter in style- they tend to have the same features and feel. Older houses come with plenty of character and charm. From the wide-plank wood floors, balustrades, and ornate stone fireplaces to vintage door knockers, sloping ceilings, and crown moldings in the corners, there are so many fun details to love in an older home.

  Click Here to Read More...

The 2021 housing market is a royal flush for sellers – inventory is low, buyer demand is high, and mortgage rates are at historical lows. If you're buying in an extreme seller's market, you're bound to experience stiff competition, and you'll be expected to make quick decisions. In sought-after areas, houses like these Atlanta homes for sale are going under contract in just a matter of days due to competitive bidding.

So here's the question, is this a good time to buy? Yes, if you're ready. The best time to buy a home is when you're ready. Don't let the competition scare you from closing on your dream home.

Extremely low housing inventory has made it difficult for most buyers to lock in a deal. But fret not; with these tips, you'll be able to secure the right home for you.

Click Here to Read More...

Your credit score is more than a number; it is a reflection of your financial health and your ability to service your financial obligations. When you purchase a home, it is a number that is as important as your down payment, income, and assets. Our real estate agents don't want your deal to fall through because of a low FICO Score. Understanding the following can help you prepare your credit for one of the most important investments of your life.

How Lenders Use Credit Scores

Lenders view your FICO Score as a measure of your creditworthiness. The higher your score, the lower the fees and interest rates you will pay. That's because the higher the score, the lower the risk you pose to the lender. Conversely, if you have a lower score, you pose a greater risk and will pay higher fees and interest.

Click Here to Read More...

Our real estate agents know viewing Atlanta homes for sale is an exciting experience! When you visit a new home, you open up a world of possibilities for the future. As exciting as it all is, it's vital not to overlook any of the important steps in the homebuying process. If you approach buying in a methodical way, you'll be more prepared – and more likely to get the home you want.

The most crucial thing many buyers forget about is pre-approval. In fact, you should take care of it before you even look at homes for sale.

What is Pre-Approval and Why Does It Matter?

Pre-approval is an essential step in getting a mortgage loan.

During pre-approval, a lender examines your finances in detail and determines exactly how much money you can qualify for in your loan package. The loan isn't finalized until you select a home, but you receive a letter from your lender showing that they are willing to extend a financing package to you.

Click Here to Read More...

Buying a new home is one of life's most exciting moments, but weeks leading-up to the closing can be stressful at times. On occasion, problems can pop-up at the last minute, so it's often recommended that buyers temper their expectations until the seller hands over the keys. Unfortunately, this can be a lengthy process as average home closings can last anywhere from 4 to 6 weeks.

When it comes to closings, our real estate agents have seen it all. If you're considering one of these Atlanta homes for sale, below are some common problems that can delay closing on a property.

• The Home Inspection
  The home inspection report is one of the most common causes of a delayed closing. Often, a home inspector will uncover an issue or defect that the seller either was not aware of or did not disclose. Upon receiving a home inspection report, you may want to negotiate further with the seller around potential repairs. Luckily, by adding a home inspection contingency to your offer, you'll have the right to back out without penalty if you discover something in the home inspection report that is a major cause for concern.

  Click Here to Read More...