Buying a house? Choosing a fixer-upper can be an amazing idea. There's perhaps no other investment out there that has the potential to pay off as consistently or as handsomely as an older home that's been properly renovated. Plus, it gives the handy among us a treasure trove of fascinating projects to work on.
Buying a house means making all kinds of decisions--and most of them are tough. What should you do if there's a property you love, but it's offered as-is? For many people, alarm bells sound when they hear this stipulation – and that's not unreasonable.
Before you make your choice, be sure you know what you're getting into.
Relocating isn't something anyone wants to do any more than they absolutely necessary. The best way to ensure you don't find yourself packing up your life and moving into a new home just a short time after your first home purchase is to follow these simple steps our team of REALTORS® has created for you.
When you are buying a house, in many ways you are also "buying" a neighborhood. From the neighborhood schools to local amenities and commute times, your neighborhood's locale is a major factor in how well a home fills your needs. Yet when you're moving to a new area for the first time, determining what makes a neighborhood a good one is not easy. Here are some tips to help you choose the right neighborhood when you are in the process of buying a home.
When it comes to buying a home, it's easy to become overwhelmed especially if you're a first-time home buyer. There are so many steps along the way, but today let's focus on one of the most important steps—getting a home loan. For the overwhelming majority of home buyers, securing a mortgage loan is absolutely essential. Here are some home loan basics from our REALTORS® at Remerica Hometown III to get you started:
When considering a move to the burbs, what tops your list of must-haves for your new home? For some, it's good schools … others say more green space for the kids or a bigger home. If you're considering a move farther away from your employer, think about the pros and cons of a longer commute time in your daily schedule.
A short amount of time traveling between home and work can be a good thing. You have time to collect your thoughts for the day ahead and wind down a bit before arriving home in the evening. However, with a longer drive time, you might face a number of negative consequences you hadn't considered.
Anytime you move, it might be a while before your new house starts to really feel like your "home." It takes time to get settled in and adjusted to your new surroundings. But when you have relocated to a different zip code, gaining a sense of familiarity in a completely different place might take even longer. Our Realtors at Remerica Hometown III have compiled this list of 6 tips that will help you get settled in when you have moved to a new area.
There seems to be a new push for downsizing our lives. Homeowners are now realizing that bigger isn't always better. No matter what a person's station in life might be, there's a definite benefit to decreasing the size of your home.
Moving into a smaller home frees you from the cost and time commitment of a house you no longer need. There will be fewer rooms to clean and potentially smaller household expenses too. Any additional money you might have can be used as a welcome cash injection to improve your quality of life.
Downsizing was once considered only for retirees and empty-nesters. Now, it is a sensible housing option for a wider cross-section of Americans. If you are skittish about downsizing your home, our team of REALTORS® at Remerica Hometown III has created this list of 7 Reasons Why Downsizing Your Home Might Be for You.
Buying a home in one of Detroit's suburbs is the perfect way to experience the hustle and bustle of a city while enjoying the peace and quiet of a smaller community. Located just 16 short miles down Ford Road, homes in Garden City are an easy commute to any point in the city.
Garden City has a healthy mix of cottages, bungalows, and ranch style homes. It also features some of the area's most beautiful craftsman homes whose exterior features are some of the most appealing eye candy you will ever see. From north to south, the city is full of comfortably sized properties that are ideal for first time homebuyers, single parents, young professionals, and retirees.
Homeowners in Garden City take great pride in their properties and spend a considerable amount of time making sure their homes and yards look their very best. This dedication is having a considerable impact on property values. In September 2015, the average home sales price rose 22.7 percent and had a listing price of just under $85,000. Today, the median listing price is $100,000 with a median closing price of $81,000. So, it's clear that the market is ready for growth and it's only a matter of time before sales prices catch up with the perceived value of homes within the area. With property values increasing and interest rates still low, there's no question that now is the ideal time to get into a home that will put a solid foundation beneath your financial future.