Posts with tag 'Home Buying Tips'
Subscribe and receive email notifications of new blog posts.
RSS Feed
- 2026 | 8 Posts
- 2025 | 48 Posts
- 2024 | 48 Posts
- 2023 | 48 Posts
- 2022 | 48 Posts
- 2021 | 48 Posts
- 2020 | 48 Posts
- 2019 | 48 Posts
- 2018 | 30 Posts
22
You Should Do This Before Looking at Homes for Sale
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.
21
5 Things That Could Delay Closing on a House
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.
23
House or Condo? 3 Advantages of Each Option
Deciding whether to purchase a house or a condo can be a tough decision. There are unique benefits to both options - and the best choice ultimately depends on your preference, budget, and where you are in your life. To help you make an informed decision, our real estate agents outlined several advantages of owning a house and a condo.
Three Benefits of Purchasing a Condo
- They're Often Less Expensive
When all else is equal (market, size, etc.), condos tend to be your cheaper option. If you have a smaller budget, condos will allow you to get by with a smaller down payment and a smaller mortgage payment. However, keep in mind that some condos often have Homeowners Association (HOA) fees ranging anywhere from $100 a month to well over $1,000 per month.
21
Why Now Is The Perfect Time To Buy a First Home
You had saved for the down payment and planned to become a first-time homeowner in 2020. And then just like that, the coronavirus pandemic turned the world upside down. Should you still go through with the purchase or put your plans on hold? Navigating the real estate world as a first-time buyer can be confusing and stressful. Add in a layer of the paralyzing stress and uncertainty of the pandemic, and you have many potential buyers with mixed feelings about taking the leap when things are looking grim.
The real estate market is a bit shaken by the pandemic, but you can still explore Atlanta homes for sale. To help you make an informed decision, our real estate agents have compiled a list of 4 reasons why now is actually a good time to buy a first home.
31
First-Time Buyers: Is Your Credit Score Holding You Back?
At Josey Young & Bradley, our real estate agents want to give all our clients the best opportunity to find a home they'll be happy with. In a time of increased buuyer activity and historic low interest rates, more people are finding now is the right time for them to explore Atlanta homes for sale.
Many people wonder, however, if their credit is "good enough" for a mortgage loan.
Your credit history serves as a measure of the risk lenders take if they decide to provide you with a mortgage loan. Your history of paying debts on time is the principal factor that determines credit, although other factors – like how much credit you have total – are also counted.