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I love helping buyers find homes. Whether they're looking in the Roanoke Valley or Smith Mountain Lake, it's fun to get out and show what's on the market.
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House-hunting is exciting for buyers, too, but sometimes they feel anxiety over making a choice. That's understandable because, for most buyers, a home is the largest purchase they'll ever make.
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So how do you know you've found the right home? There are several ways to tell. Check out the following ways you might be able to tell a home is "the one."
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It fits your requirements
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Before you start house-hunting, make a list of items that are must-haves and items you're willing to compromi...
Many people aspire to own a home one day, and the Roanoke Valley and Smith Mountain Lake markets are full of good choices! If you're considering whether to purchase your first home, you may wonder if the investment is worth it. After all, a home is one of the largest and most important financial commitments you will ever take on. Fortunately, owning a home provides a number of advantages.Â
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Mortgage interest is still deductible
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While the Tax Cuts and Jobs Act modified the mortgage interest deduction, mortgage interest is still deductible within certain limits.
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Home buyers, especially first-time buyers, often start the process believing myths about how the market works. Sometimes, those myths can take you down the wrong path. What follows are six myths I often hear from prospective buyers that you should let go of right now.
You must have a 20% down payment.
Many of us grew up hearing this, because for a long time, it was a good rule of thumb. However, lenders have long since stopped requiring 20 percent down. For sure, if you've got a sizable down payment ready, it will save you money. Not only will you pay less interest over the life of your mortgage, but 20 percent down can usually keep you from having to buy p...
Whether you're preparing your home to list it or just completing some outdoor projects to improve your curb appeal and enhance the enjoyment of your home, it's important to spend your home improvement dollars wisely. Some projects are more valuable than others in terms of buyer appeal and return on investment.
The National Association of Realtors recently released a newÂ...
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It can be a difficult act to juggle selling your current house and buying a new house at the same time. In a perfect world, you'd sell your current house first before you buy a new one, but the fast-paced nature of today's real estate market can make this difficult.
Still, there are options to help you navigate this tricky transition, and if your Realtor knows your needs, he or she can help you decide which tactics are in your best interest.
Buying with a sale and settlement contingency
A sale and settlement contingency works along the lines of: "My offer for the new house is only good when I have sold my current house."
Because your offer will only be valid if you are able to sell your current home, sellers can sometimes be unreceptive to this type of dea, parti...
