A 3-Step Plan for Finding and Buying Your Next Home

Ready to start your home search? Here’s where to begin. Chances are you’ve considered buying a home — maybe you even attended a couple of open houses and ran the numbers. But once you get serious, there are a few points you need to consider before signing a contract and heading to your closing. Buying a home takes more time and research than, say, buying a tablet or smartphone. Before diving in, it’s important to understand the process. Every home buyer’s journey happens on a slightly different timeline, but here are some steps every prospective buyer should take. 1. Search and discover The …

Home Price Predictions Get an Unexpected Bump: Is 2018 the Time to Sell?

Housing experts recently upped their predictions for the real estate market in 2018, predicting home prices to rise 4.1 percent as opposed to the originally anticipated 3 percent. The 2017 Q4 Zillow® Home Price Expectations Survey, sponsored by Zillow and conducted by Pulsenomics LLC, asked more than 100 housing experts, market strategists, and economists about their expectations for the U.S. housing market in 2018 and beyond. The revised pricing prediction is based largely on the ongoing inventory shortage. According to the quarterly survey, the number of homes for sale in the United States has fallen on an annual basis for …

The Huge Risk Home Buyers Take When They Waive Inspections

When you’re trying to make your offer as attractive as possible, skipping the inspection may seem like a good idea. Here’s why it’s not. If you’re buying a home in a competitive market and your offers keep getting beat out, you may be tempted to resort to desperate measures. In addition to offering more than the asking price or a quick closing, some buyers agree to waive inspections. This is never a good idea. The home may look OK to the naked eye, but it’s what’s beyond the surface, or items that you can’t identify as problematic, that cause the biggest …