In your search for a new home, you may have come across a fixer upper or foreclosure that caught your eye. The low price tag is probably what stood out, but of course with that price tag come a number of other factors that you don’t have to consider when you’re buying a non-foreclosure/fixer upper. How much fixing up does the house need? Is it worth the investment? The answer to this question will be the crux of your decision whether or not to buy. Keep on reading to learn more about buying a fixer upper or foreclosure.
Monthly Archives: August 2015
Buying a Home: New Construction vs. Existing Homes
One of the first decisions you’ll have to make when you’re buying a home is whether you want new construction or an existing home. Both have their pros and cons, but at the end of the day the choice really comes down to what your priorities are.
So in this week’s blog, we’re going to talk about the pros and cons of both types of homes so you can evaluate them according to your own priorities for a new home. Keep on reading to learn more!
Location and Buying a New Home: Where Should I Live?
Everyone knows the three most important words in real estate: location, location, location. But what does this actually mean? When you’re buying a new home, what should you look for in terms of location? The question “Where should I live?” seems pretty straightforward, but it’s actually made up of lots of other questions. Like, “How far am I willing to commute? Is this a safe location? Will the value of my property appreciate here?” And a lot of cases, the answer to one question affects the answer to another.
So in this week’s blog, we’re going to break down the big question so you can figure out what really goes into deciding where you want to live. Keep on reading to learn more!
Mortgage Pre-Approval: What Do I Need?
If you’re thinking of buying a new home in Maryland, one of the first things you’ll want to consider (after you read last week’s blog!) is mortgage pre-approval. While it’s not required to get pre-approved for a mortgage before you begin your search, it will definitely help you in your search in a number of ways. Learn about the benefits of getting pre-approved, as well as what you’ll need in order to get pre-approved, in our blog.